ALL RIGHT WE'VE GOT JUST A FEW
MINUTES BEFORE MASHTS POPES
AGAIN WE'RE UP 150 YESTERDAY ON
THE DOW UP ABOUT 40 AT THE
OPENING BELL 9:30 EASTERN TIME
THIS MORNING.
THEN WE HAVE THIS.
THE CONFLICT OVER WASHINGTON
THAT EXECUTIVE ARRESTED THAT'S
HEATING UP.
BECAUSE ANOTHER CANADIAN HAS
BEEN DETAINED IN CHINA FOR
QUESTIONING.
THAT MAKES TWO CANADIANS
DETAINED ALTOGETHER.
CURTIS ELLIS IS WITH US FORMER
JOB ADVISOR TO THE TRUMP
CAMPAIGN.
THIS SECOND DETAINING OF A
CANADIAN WHAT DOES THAT DO TO
THE TRADE TALKS WITH CHINA?
PUS AND CHINA?
>> RIGHT THESE ARE SEPARATE
TRACKS EVERYBODY IS SAYING THAT
THE TRADE TALKS AND DETENTION
AND LAW ENFORCEMENT CONCERNING
HUAWEI ARE GOING TO BE KEPT ON
SEPARATE TRACKS.
HOWEVER, WAIT A MINUTE PRESIDENT
TRUMP SAID HE MIGHT INTERVENE IN
THE HUAWEI CASE IF IT WAS
NATIONAL SECURITY AND TO HELP A
TRADE DEAL.
HE'S CONNECTED THEM.
THEY'RE NOT SEPARATE TO HIM.
HE'S CONNECTED THEM.
>> IF YOU READ THAT VERY CLOSELY
IT IS SORT OF KEEP HIS OPTIONS
OPEN AND THIS IS A TYPICAL TRUMP
MOVE TO JUST --
THROW A LOT OF GARBAGE ON LAWN
AND SEE HOW WE CLEAN IT UP
AFTERWARDS THROW EVERYTHING ON
THE TABLE AND NEGOTIATE IT.
HOWEVER, WHAT'S GOING ON HERE IS
THAT YOU SEE THAT TARIFFS ARE
JUST PART OF THE PROBLEM WITH
WITH CHINA.
WE'VE GOT CYBERESPIONAGE AT
RAMPANT RATE AND NOW, AS CHINA
STARTS ARRESTING PEOPLE INSIDE
CHINA, WHAT'S GOING TO WHAT TO
ALL OF THOSE AMERICAN
ENTREPRENEURS IN AMERICAN
BUSINESS THINKING ABOUT DOING
BUSINESS IN CHINA THEY'RE GOING
TO BE LOOKING FOR EXITS.
>> I KNOW CEOS WHERE I'VE BEEN
TOLD ABOUT CEOS WHO HAVE
CANCELED PLANNED TRIPS IN CHINA
BECAUSE IT IS RISKY.
YOU DON'T KNOW WHERE YOU'RE
DETAINED OR NOT.
>> CHINA MAY BE NEGOTIATING TO
HAVE THE TARIFFS TAKEN OFF
BECAUSE IT IS GOOD FOR BUSINESS.
BUT OARNGD THEY START ARRESTING
POEM THAT'S VERY BAD FOR
BUSINESS.
>> BUT THEY'VE GOT THAT GIVES
THEM LEVERAGE DOESN'T IT WE'LL
RELEASE OUR CANADIANS YOU GIVE
ON THIS IT SHALL AMERICA IN
TRADE DEAL.
PEND GAME HERE IS DECOUPLING OF
THE AMERICAN AND CHINESE
ECONOMIES.
THEY WERE INTEGRATED BACK IN
1990s BECAUSE WE BELIEVED THAT
WOULD MAKE CHINA FREE AND
DEMOCRATIC BUT WHAT WE'RE SEEING
INSTEAD IS THAT CHIN IS NOW
MAKING AMERICA MORE LIKE CHINA.
INFLUENCING OUR BUSINESSES TO
SHUT UP TALK ABOUT THIS OR TALK
ABOUT THAT FOR INSTANCE WITH
MARRIOTT MARRIOTT IS --
A GREAT CASE OF CHINESE
INFLUENCE AND INTERFERENCE
OPERATIONS.
THEIR INTERFERENCE IS ESPIONAGE
AND AMPLE EVIDENCE REPORTED THAT
CHINA HACKED MARRIOTT OARNGD
THEY'VE BEEN DOING THEIR
INFLUENCE OPERATIONS ON MARRIOTT
TELLING MARRIOTT TAKE DOWN YOUR
WEBSITE BECAUSE YOU IDENTIFY
TAIWAN AS A COUNTRY RATHER THAN
A PROVINCE OF CHINA AND THEY DID
THAT.
AND THEY DID, AND THEY TOLD
MARRIOTT FIRE THIS LOW LEVEL
EMPLOYEE SOME KID IN CLEVELAND
OR SOMEPLACE BECAUSE HE
RETWEETED SOMETHING ABOUT TIBET
AND BEIJING SAID YES, SIR WE'LL
FIRE THIS PERSON.
>> MARRIOTT EMPLOYEE IN
AMERICA --
IN AMERICA TWEETS OR RETWEETS,
RETWEETS ABOUT TIBET, THE
CHINESE DON'T LIKE IT.
AND THEY INSIST THAT THAT --
THAT POOR PERSON YOUNG MAN OR
WOMAN IS FIRED.
AND THEY WERE FIRED?
>> AND THEY WERE FIRED.
YES THIS SHOWS HOW CHINESE
COMMUNIST PARTY IS INFLUENCING
AMERICAN BUSINESSES, AND
INFLUENCING AMERICAN NORMS.
WHAT HAPPENED TO FREE SPEECH
WHAT HAPPENED TO --
WE'RE THE LAND OF THE BRAVE HOME
OF THE BRAVE LAND OF THE E FREE.
AND WE'RE NOT GOING TO LET
ANYBODY TELL US WHAT A TO DO.
>> HOW CAN YOU COME TO AN
AGREEMENT WITH FOREIGN POWER
LIKE THAT TO MAKE SURE THEY
DON'T DO THAT?
HOW DO YOU DO THAT?
>> THAT IS VERY GOOD QUESTION
STUART, AND THAT'S GOING TO
BE --
THAT'S PART OF THE COMPLICATING
FACTOR OF ALL OF THESE TRADE
TALKS GOING ON FOR THE NEXT 90
DAY.
>> SO YOU TALKED ABOUT
DECOUPLING WE'VE GOT VERY CLOSE
TO TWO BUSINESS COMMUNITIES VERY
CLOSE.
YOU THINK IT IS A GOOD IDEA TO
DECOUPLE, SEPARATE OUT CAN YOU
DO THAT?
>> WELL CERTAINLY NOW WE'RE
SEEING WITH HIGH-TECH
MANUFACTURING THAT YOU CAN'T
TRUST THE EQUIPMENT YOU HAVE
MANUFACTURED IN CHINA IT COULD
BE FULL OF BUGS, COULD HAVE
HARDWARE HAXES BUILT INTO IT.
SO ALREADY HUAWEI IS BARRED FROM
DOING BUSINESS WITH THE AMERICAN
GOVERNMENT AND AMERICAN MILITARY
SO RIGHT THERE YOU'VE SEEN SOME
DECOUPLING ALREADY.
AND IT JUST ARE SOUNDS LIKE IT
IS ALMOST --
IT WOULD BE VERY DIFFICULT LET'S
PUT IT TO THAT.
VERY DIFFICULT TO COME TO AN
AGREEMENT ON INTELLECTUAL
PROPERTY THEFT AND STEALING OF
TECHNOLOGY AND INFLUENCING OUR
BUSINESS VERY HARD TO COME TO A
DEAL WHICH SATISFIES AMERICA.
>> AND SATISFIES CHINA AND
SATISFIES EVERYBODY BUT LUCKILY
WE HAVE BEST TRADE NEGOTIATOR IN
THE WORLD ON THE CASE BOB
LIGHTHIZER IF ANYBODY CAN HOLD
CHINA TO WHAT THEY CLAIM THEY'RE
GOING TO DO, IT IS THAT MAN.
THAT GENERAL PATENT IN TRADE
WORLD.