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Rate cut. at least one from the frervel. so if you want to buy a home. mortgage rates below 4% very attractive. also there are expectations that we are going to get some sort of positive rhetoric. maybe even a u.s.-china trade deal g-20. ed: president was talking to reporters before he went to camp david to focus on iran. he brought up china. watch. this the dow suspect. looks like it could be 80-year high. the tariffs are obviously doing very well because we are taking in billions and billions of dollars from china. the countries that the products come from, they are bearing the cost, which i...

To be coming? much more on that, lauren. where do negotiations stand between the trump administration and mexico over the president's demands here? >> there are some optimistic signs. from mexico, we've been hearing based on what they've seen from the white house, they feel like a deal can be worked out. that sounds somewhat comforting to all of those business people and farmers and republicans, members of the president's own party, who have been so concerned out there. and today the white house, one of the white house aides is spelling out exactly what they think mexico could do better. more ...

Circumstances. >> what do you think the answer is? >> i think we need to see a deal done. i would love to see it this summer. i don't see that happening in summer. at what point do you say national security, the interests of our country, that's enough? i think the president and our trade rep understand those negotiations. the president has asked those farmers to hang on just a little bit longer. it is hurting in the midwest. it's hurting all over the country with the tariffs, but at the same time we do have to get china to the table. we have to stop them from stealing intellectual property. we...

Been giving running room despite the fact it's hurting them economically. what is that? how much time does the president have? >> yeah. and that is difficult because every farmer will have different circumstances. >> what do you think the answer is? >> i think we need to see a deal done. i would love to see it this summer. i don't see that happening this summer. >> so, should he say enough? >> well, at what point do you say national security, the interest of our country, that's enough. i think the trade rep, the president, they understand the implications. they know better where we are with th...

Entire world is slowing. fedex earnings slumped more than 20% compared to last year. a host of problems. the trade war between u.s. and china needs tariffs and countertariffs. the moving brexit deadline has slowed trade. and worker shortages from the downside of a strong labor market. this paragraph in its earnings report set the stock down more than 5%. here we go, slowing international macro economic conditions and weaker global trade continue. the good news, u.s. domestic economy is strong. and trade talks between u.s. and china do resume next week. we know treasury secretary steven mnuchin...