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Welcome back to "hardball." from any other president, this would be a stunning admission caught ob tape in a fund-raising speech given to republican donors just yesterday. president trump admitted he made up stuff when talking to canadian prime minister justin trudeau. he bragged he had no idea what he was talking about when he said the united states runs a trade deficit with canada. nbc news obtained audio of those remarks. >> trudeau came to see me. he's a good guy, justin. he said no, no, we have no trade deficit with you. we have none. donald, please. nice guy, good looking guy. comes in. ...

Fraud, money laundering issues. those issues could be more dangerous and damaging than the campaign finance issues. >> it's a very humiliating tape for the president and ironically, rudy giuliani says i can understand what's on this tape. it's similar to a mob tape. >> if you listen to this, it sounds like it's the weekly or monthly michael is here to figure out what we have to cover up meeting. >> sean: these are the same people who literally pedaled day after day, crisis after crisis -- it's 24/7. the same people pushing impeachment even before the president took office. the same people who ...