Gifting China News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> sandra: stocks opening lower on wall street this morning. futures were down nearly 200 points so first minute of trading here you're looking at 120-point loss on the dow. there is still a lot of questions over china, trade, what happens there. also the u.s. crackdown on huawei the chinese telecom company. it's leading to some weakness on the opening bell as we kick off a new week. the dow firmly at 25,600. we'll keep watching that for you. >> president trump: i want to make sure anybody comes into our country comes in through merit. we want to put up a strong border. by the end of next year...

A very global look at the economy. who wins this trade war? >> eventually we win unless we surrender. we are definitely the party that's the strongest here. they can punish us with about $130 billion worth of what we export to china. we have over $400 billion china exports to us. we're in a much stronger position. our economy is stronger, gdp per capita in china is about 10,000 per person, in the united states it's 68,000. >> sandra: you hear about near-term pain someone representing the farmers in the midwest and there is real pain as a result of this trade war. >> the president said he would...

>> these are white collar salary jobs. happen by may 24 in the next few days. most of the job cuts are in north america but europe, china, south america. the ceo making the case reducing bureaucracies at the company. >> any place you can reduce bureaucracy you'll find a better result. if ford thinks they had too much bureaucracies they should reduce it. i have a son that works there. i hope he isn't losing his job but look, if they're getting leaner and meaner, that's great. >> jon: when president trump was elected it was thought one of the areas he and republicans and democrats can agree on a...

Very strong, good deal. and at the end they changed it. i said that's okay, we'll tariff their products and we put a 25% tariff on their products. we're taking in billions of dollars. now, from china's standpoint it is not good. all of these companies -- many of these companies paying the tariff are moving to vietnam and other places in asia. you will have a lot of american companies come out and they will build plants and make this product in the united states, which i like even better. >> sandra: president trump describing what he says are the positive results of the trade war with china and...

Should have prevented it. they are not going to comply with their obligations they've accepted internationally and we can't put together a coalition to a pose them and we need to stand up. the leader of the free world and we need to stand up to china. >> sandra: looking at the global economic picture. ford getting word the auto giant will slash 7,000 jobs talking about disruption hitting the auto industry, about 10% of ford's overall workforce. how do you digest that? >> you hate to see any company cutting back on their workforce, we have 1.3 million more job openings than people in the united...