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Whiton a former state department senior advisor in the trump administrations. he joins us now. smart power. this is a headline if true. >> if true. right. this is the problem with agreement the chinese have said they agreed conceptionly as they did in the trump presidency to lower tariffs to talk about trade to get through some of these things. i didn't see anything in that agreement to lower car tariffs but maybe that will happen in this 0 day period. steve: you don't trust the chinese at the table. >> no. the mar-a-lago summit and earlier this year in march they offered the same type of fram...

That could scare or jolt these markets. paul: briefly, james, yeah, i think if he gets a nafta deal with mexico, puts off those car tariffs, starts serious negotiations with europe and continues negotiating with china, i think that'll go a long way against uncertainty. >> huge risk. the trade fighting is the one big cloud over the economy. everything else looking very good whether it's business spending or consumers feeling optimistic and having more income. so it should be big. paul: all right. still ahead, the trump administration announces plans to ease obama-era restrictions on coal-burnin...

He is accused of helping plan that coup against erdogan. earlier this month the trump administration imposed sanctions on two top turkish officials in an attempt to try to get brunson back to the u.s. he remains held in turkey. christine romans, it is so bad to have this spat between us and a key ally in the region. >> that i tnato that sits on th of syria. turkey doubling these tariffs on u.s. imports. its companies are heavily indebted. its foreign denominated debt. when its lira plunges, that's a real problem for the economy and for the country. car tariffs, 120% tariff on u.s.-made cars. a...

Our soybeans. the farmers are feeling much better about that and trump is on his way to iowa later on today. but even more important, the europeans are going to take our energy, they are going to take liquified natural gas. take that russia, because russians wanted to supply europe with energy and at the moment when that deal, liquified natural gas, exports to europe, when that was announced, that was the moment when we put off trump summit with putin 2 until next year. a slap at russia. a real undermining of the russian supply of energy to europe. we're going to take that. a slap at angela me...

Now, on the european side, my question is, do the europeans get it yet? because they didn't believe that trump would pull out of the paris climate change agreement. they didn't believe he was going to pull out of the iran deal. they didn't believe he was going to put tariffs on. so if i were sitting in brussels, i would be coming to washington with something to offer trump, whether it's a loosening of i don't know, agricultural tariffs. paul: no, that is not going to work. car tariffs it's got to be. it's got to be on automobiles, and it's got to be at a minimum it would seem to me essentially...