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They agree to the purchases. the president set a 90-day clock that starts on january 1st. it's not clear in just 90 days, the white house is going to be able to get to the laundry list of structural issues. they can't even agree on what the starting point is. >> very good point. sarah westwood at the white house. thank you so much. i'm joined by gary lock, both ambassador to china and commerce secretary in the obama administration. as you hear this, we thought according to the president that china was cutting tariffs on american cars. we had a whole idea about who the winners and losers were a...

Been hurt by the tariffs that the trump administration imposed on over $200 billion of goods coming into the united states. the tariffs on things that is really a tax on the american consumer. a tax paid for by american companies that bring in small parts from china. which they then used to assemble and manufacture other things that are sold in america or around the world. it raised the cost of doing business for american companies. it's taken more money out of the pocket books of american consumers and senators and members of congress are concerned about the impact to their constituents. >> a...

Canada or from japan, they won't have to be subjected to the sur charge so their product is cheaper compared to american products. if we want to address some of these unfairness issues, we should be part of the tpp. and it would then demonstrate to china, hey, we're all able to have low tariffs, low surcharges and protect intellectual property and have a level playing field and china you better follow suit as well. >> gary locke. the former u.s. ambassador to china and former commerce secretary and governor of washington. take a look at the dow. this is what worried me. it worries me when the ...

Relationship with the peoples republic of china. we decided it was more lucrative to support china than taiwan. joining me now is gary lock, a commerce secretary under president obama before becoming the obama administration's u.s. ambassador to china. before he served two storms as the governor of washington. the first chinese-american governor in u.s. history and has a lot of perspective on this, sir, good to see you. >> good to be with you. >> and taiwan is a tricky issue. people of a certain age and i remember growing up and everything was made in taiwan and we still have a fairly robust b...

Thanks so much, governor, for joining us. >> my pleasure, wolf. coming up, why calls to action on gun control legislation have come to a screeching halt on capitol hill. plus, why a foreign director says trump's latest tweet shows he's panicked over the russia investigation. e's one. manatees in novelty ts? surprising. what's "come at me bro?" it's something you say to a friend. what's not surprising? how much money matt saved by switching to geico. fifteen minutes could save you fifteen percent or more. alright, i brought in high protein to help get us moving. ...and help you feel more st...