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Is worth almost three quarters of a trillion dollars. something like $700 trillion. the united states imports over $500 billion of chinese goods. the chinese only buys something like 130 billion. so when you look at the amount of tariffs that each side could apply that the structural components to this, it's the american consumer that has essentially paid for the modernization of china. do you think for one second the chinese want to give up those exports? no way. i think the chinese will eventually be forced to make a deal. i think china is right on that. steve: tucker looked driven last nigh...

Here we go, president trump's conflict with china has erupted into a full-blown war appeared trade were paid last week china announced new tariffs on $75 billion worth of goods as you know. the u.s. responded. president trump announced that in the next two months, he will raise tariffs by 5% and $550 billion of chinese imports. now, stocks went a little crazy on friday. a bounce back a lot today but can you effectually win this trade war? harry, i wanted to get perspective from china by the problem is, every newspaper there is state once we get the government's perspective. the agent times rea...

Billion dollars. something like $700 trillion. the united states imports over $500 billion of chinese goods. the chinese only by something the chinese only buy something like $130 billion. look at the amount of tariffs that each side can apply that the structural components of this, it's the american consumer that has essentially paid for the modernization of china. you think for one second the chinese want to give up those experts? no way. i think the chinese will eventually be forced to make a deal. i think trump is right on that.e >> brian: so far, china's total debt has rose over 300% of i...

Deterrents. you need to create the impression and the true impression, you need to create the impression among your versaries and they're not just north korea. this is a regional effort. yes, we exercise with the south koreans but you mentioned the seventh fleet. that's based in japan. this is about deterring north korea, it's about deterring china, it's about deterring russia, it's about maintaining freedom of navigation through the sea and in the air for the united states and our allies, for the international community at large. we are still the number one military power. it doesn't actually...

So-called sequestration has put the lives of our service members at greater risk. don't we have an obligation not to do that? >> defense secretary said the exact same thing. happening at a time when the defendants laid now more than ever with threats from north korea and how big of a threat towards national security? >> a serious one as i mentioned it. what is happening is the funding that congress is just up to defense authorization act in unintended but its $100 billion over what obama forecasted, so it's almost the $700 trillion budget. here's the catch and nobody's talking about it. a seri...