troops if they try to aid taiwan. joining me right now to discuss the foreign policy blunders of this add information from afghanistan, china, russia and iran is former secretary of state, mike pompeo. he is also a fox news contributor. thanks so much for being here. >> it's great to be with you this morning. maria: so we are approaching one year as joe biden as the commander in chief. assess this administration's foreign policy. >> oh, goodness, more ya. i was on your -- maria. i was on your show at the gunning of the administration. we wanted to give them every opportunity to be successful, but after almost 11 months, we've seen debacle after debacle. don't forget the shutdown of the pipeline in the united states, and the biden administration did nothing. they gave russia a free pass, and now russia's mounting troops on the eye crash yard line -- ukrainian board, and the president has mere words for them. world leaders were gathered, i must say, they're all looking at america and are continuing to believe that they

if we bail out on taiwan who's next? so the world will begin to crumble when rules don't matter and treaties don't matter. they broke the treaty with hong kong to insure its democratic status. so the ukraine matters to us. unless you want to live in a world of chaos. >> the eyes of history are on the senate today. if the nord stream 2 pipeline comes online as it is on the verge of doing, the odds of russian tanks rolling into ukraine increase dramatically. we have imposed sanctions on the nord stream 2 pipeline with bipartisan unity. we can do it again. elizabeth: what do you say, congressman? >> so the nord stream 2 pipeline is now a leverage point that putin has. so he addicts western europe to his natural gas. they need it in the winter to heat their homes. so he invades in the middle of winter and has this leverage point over western europe. so the support of our allies actually you know, putin has a lever over them that he would not have if our president had kept the sanctions on the nord stream 2. another failure o

measures if taiwan makes any moves towards independence. joining us now, senior fellow, good morning to you. your reaction to the latest war of words from china. does this equate to military action down the line from china? >> good morning to you, cheryl and happy new year. i think these are hot line-car - hard line rhetoric that will be with us for some amount of time in 2022. let's take a step back and a look at the big picture of the upcoming year. the most important event in china is that the communist party of china is going to have its big party congress towards the fall of the year. we don't know which month yet because the communist party is always kind of secretive in terms of when they're going to hold some big meetings. but in that meeting, president xi is poised to start his third five-year term and potentially he will have more time on the horizon as well. and so during this important leadership transition, it's impossible that the chinese president would look weak in terms of foreign policy issues so this kind of hard line tal

including if that means we have got to beef up the taiwan relations act. in 1979 when the delegation met including john glenn and captain john mccain and we also went to taiwan and talk to them about how we needed to basically protect them. as a marine, i planned amphibious operations and i know how difficult those aren't just look at the marines in the battle of iwo jima of world war ii. china needs to understand if they invade taiwan they will pay a very heavy price. we have to be-- beef up the capabilities. one last thing, taiwan developed long range missiles to have several mutual distractions like we have mutual weapons. you come to us and we will take down your financial structure. maria: i mean, you make so many important points, general picker right now, the congress is focused on that and daa, national defense authorization act and in that while they are giving fractional races to our military, when you look at overall defense spending and joe biden's budget, bernie sanders budget really, you are talking about a decline in defense spending when co

on this encroachment of taiwan. how nervous should the u.s. be? >> well, the united states should be very nervous. china has demonstrated that it's willing to engage in behavior that is highly destablizing. the pressure on taiwan when it's a clear focus of tension orbiting a hypersonic weapon, you know, several months ago which made it into the news engaging in really dangerous behavior on the indian border when india has nuclear weapons and as we are going into the party congress, xi jinping leaning forward to demonstrate to ccp counterparts that he's strong, large and in charge. cheryl: what should the u.s. role then be here in all of this because we are at obviously you can't trust the chinese and maria talked extensively about what's going on in hong kong in particular with, you know, the laws changing and the protestors and in the uighur issue, so much to go through. is it tough road for the u.s. because at what point do you escalate up military tensions with china when we have serious economic tensions happeni

against taiwan. your thoughts on what's playing out here? >> hi, maria. well, it's not a huge surprise. of course, nicaragua is a government that's relatively sympathetic to beijing and beijing has been focused on the western hemisphere. there are multiple governments in latin america that are essentially becoming more and more aligned with moscow and beijing. they're forming a nexus here. and china pledged hundreds of billions of dollars of investment into south america and central america. so the united states is facing i think a broader problem here when it comes to china's ability to navigate within the emerging world and certainly within the western hemisphere so we're going to need our own strategy to counter them right here in our own hemisphere because they have massive advancements in recent years. taiwan's situation, it's great that on one hand you have taiwan invite todd the democracy -- invited to the democracy summit today. beijing is peeling off remaining governments that do recognize t

as we do rely on taiwan, and china wants to acquire taiwan, how do you think this plays out what is the impact? . >>. >> well i think he the governor is right, that you better have that manufacturing here. now, you know the reason we have manufacturing overseas for cost reasons, that is what investors like to see. what has changed the shocks two or three years covid part of that political issues, too about being able to get access consistently secured competentes a to taiwan where chips are made probably good strategic reasons i am not sure cost reasons but certainly strategic reasons to bring more manufacturing here what we have in terms of supply shortage, because covid was a dramatic boost to digitization, everything went digital skyrocketing demand for chips, the supply just couldn't keep up with that, i think i don't know how long you it takes to balance out my guess another year, but anyway, bring back home some manufacturing i can't manufacturing i can't imagine not good it is good for our country. >> your analysis as always spot on congrats on book a must read. >> thank you. mar

what's going on in taiwan. this is the chinese communist party infiltrating every aspect of taiwan, their political class, their high tech business opportunities that are there, their research and development and certainly their military and what they have done here, reuters has uncovered the prosecution that the taiwan government has taken against members of the military who became chinese spies. they did the same thing with the mill that -- military that they've done with our research scientists in the united states and that is bribe them with money initially and blackmail them after that to get information and eventually the a number of these people were caught. there's a full court press inside of taiwan, just to generally undermine their civil society, undermine every aspect of the functions of that democracy and certainly what they want to do is weaken the people's resolve in supporting that democracy and all of that is backfired, maria. the truth is, the people in taiwan look at themselves as taiwanese a

we see them interfering in taiwan east airspace. we saw them preventing filipino marines being resupplied in a disputed area in the south china sea. there is a lot going on there and the biden administration has no coherent response. i think right now the priority has to be to help taiwan defend itself. it is the freest chinese society in the world. if china takes it over it completely changes the strategic map in asia. stuart: around don't look weak, please, mr. president. bill mcgurn, thanks for being here. we'll see you real soon. thanks. >>> new data restrictions are making it harder to get information on the true state of china's economy. what do we know? lauren: if you look at president xi's policies, restricting data, sharing date with respect to health care, public finance, infrastructure. the covid policy continues to shut down the economy and generally suspicious view of outsiders made the chinese economy opaque just as its presence on the world stage grows. u.s. officials and companies resorted to satellite imagery to gau

end protest that china's crimes against humanity as china continues making aggressive noises about taiwan. iran is buildings nuclear capabilities defined the u.s. and threatening stability for merck's allies in the middle east. the two americans detect terminal weakness in the biden administration john moody is a distinguished author vice president and executive editor who served as a correspondent. of course they knew the fascinating work that reads like an uncannily accurate account of how china handled the coronavirus opry. >> taken for being here. >> let's talk that biden met prudent in trouble with china and iran doing what is doing you think it senses that we are weak right now. >> i think they all do and i think the right reasons the president who does not have control mentally or strategically of all the facts in each one of them is trying to impress their own individual advantage. china being the most biggest of all. gerry is prudent is putting troops on the border and threatening that he wants to pull ukraine closer into the russian orbit and you spent a lot of time in russia. w

invading taiwan but maybe invading some of those islands that i guess are administered by taiwan, there's a distinction and a difference. if we do nothing if it were to do that, then what? >> so you point out sort of the wisdom of edmond burke. all it takes for evil to preeved is for good to do nothing and history is made by inches and so what you see now is intimidation, russia and china and perhaps even more aggressively china, are going to try to push their own economic agenda and their own national security advantage at every turn , even when it's unjust, even against a country that is as sovereign and independent really should be as taiwan so what you see is an incremental effort essentially to pressure them into concessions. neil: robert, i always learn a lot, robert charles the former bush 43 assistant secretary of state. things we have to watch out for , after this. (vo) t-mobile for business helps small business owners prosper during their most important time of year. when you switch to t-mobile and bring your own device, we'll pay off your phone up to $1000. you can keep your ph

i mean, they've clearly got their eyes on taiwan. is 2022 going to be the year where we see china go into taiwan, russia go into ukraine again, or will he get a pass in 2022? >> well, i mean, that's the fear, right? i think they're very well grounded fears. you know, what joe biden needs now having projected such weakness and indecision on the international station -- stage, he needs sort of an air traffic controller moment. when reagan fired them, it sent the signal to moscow, hey, there's a new sheriff in town, and he's serious. and i think because of the president's failures especially in afghanistan, the price has gone up. i would advise him, i think one of the best ways he could salvage his presidency and send a strong message to these hard men in beijing and moscow is by getting tough with iran. i mean, iran sort of is in the position now to do -- you can understand why you don't want a one-on-one confrontation with china. but i think if i were in the president's shoes, i'd be looking to do something with iran especially if we

and the official american position on taiwan is that its status is unresolved. so what the nfl did with this map, it took china's position and it's promoting it over the official american one and that summit for democracy on friday when they cut the video of the taiwan minister, audrey tang, this is indescribeable. this is tim mid. this is incompetent. whatever. but clearly biden took a good idea which is the summit for democracy and turned it into a debacle for democracy. maria: so what do you think the motivation is? what's going on here, gordon? >> you know, to me, i have such a different world view than the people who are running the government. it's difficult for me to understand. i mean, they believe that they need china's cooperation on climate change. they believe that they need to get along with china in the world. they don't understand that china is at war with us, china has this doctrine of unrestricted warfare. they declared a people's war, quote, unquote, on us in may 2019 and biden says they're just a, quote, unquote, competitor. he won't even say

or taunting taiwan. what do you make of all of that? >> that's certainly true. so for instance, you have biden talking about russian troops on the ukraine border, but biden never mentions the budapest memorandum where we have an obligation to defend the territorial sovereignty of ukraine. he doesn't mention it. when he doesn't mention it, putin just notices and realizes that he has basically a free ride. now, this is going to be dangerous, because we see the same sort of feebleness with regard to taiwan and clearly the chinese are seeing disarray in the american political system and in the foreign policy establishment as well, and they are thinking maybe they can get also a free grab of taiwan. this is exceedingly dangerous, neil. neil: to put it mildly, gordon, thank you for bringing us up-to-date on all of this. it is worrisome gordon chang following those developments we are about five minutes away from hearing from the federal reserve wrapping up a two day meeting, jerome powell will outline what see

it's like genocide, slave labor, human rights violations not to mention taiwan, hong kong. >> there is a brief moment in time when people acted concerned about the regime and china their squashing of any vestiges of democracy in hong kong and lasted for a brief moment and everybody deflected to the next shiny thing like a bunch of raccoons. there is this idea what leverage do we have over china? with got to start acting as if we are concerned at least take some steps against the regime but we are not. the current administration certainly is not john kerry's comments about i don't want to upset the conversation about climate change. really? than arbitrary private deadline? it is an absolutely should be an shame on everyone in power who is not holding them accountable. the hypersonic, is that as big of a deal as white austin makes it out? is it just a ploy to get money? >> it is a massive deal. when you think about god for but the should be, not on what -- i have no word in front of me. [laughter] sorry. i was about to make a terrible joke but anyway -- it's a friendly family show. [laug

in, acquire taiwan, so that they can be in charge of all semiconductors. this is going to alleviate the semiconductor problem and shortage that america is facing. so that's, that's just great news for texas. do you expect more? what are you expecting many 'ems of more investment -- in terms of more investment coming down the road? any vision or runway for us? >> sure. we've got, actually, a lot of positive projects that are coming our way. but listen, you touched upon something has very important and that is a lesson that americans have learned and, i by god, the biden administration if should learn this also, and that is country made a mistake over the past one or two decades to farm out manufacturing of all these essential supplies whether it be now semiconductors or could be health care supplies that we needed during the time of covid, whatever case may be. we need to not depend upon china or other countries for our essential needs for things like semiconductors, and has exactly why texas is leading the way of becoming the home for semiconductors that g

they see our posture in the world and say we can go into ukraine, we might be able to go after taiwan and all of the flights they have been conducting so there's a lot of concerns that the u.s. doesn't stand by its allies and doesn't couldn't front its adversaries, it's not new to this administration but it has gotten worse in recent months particularly post-afghanistan. ashley: i wanted to get into this issue as well, jamil. new u.s. intelligent assessment, intelligence assessments that is and satellite images shows what appears to be saudi arabia building its own ballistic missiles with help from china. what does that mean for our national security? well ashley it's obviously a huge problem. saudi is a key allie for the united states and the middle east. they along with israel and the other arab nations help align against iran and the threats that iran is making in the region but of course we backed off with the saudis quite a bit in recent years and months in particular with respect to the conflict in yemen where we had the iranian-backed rebels, launching ball it's ic missiles in

you've got the ccp flying jets into taiwan's air defense space, record number of jets, by the way. then you've got russia building up troops in the border of ukraine so who knows when they are going to do whatever they want to do there but what should president biden have done? i mean, the last ten months, jen psaki says she needs time to talk to the president to come up with a success he's had on foreign policy. she says she wants to be, quote, thoughtful about it. is there any success whatsoever to speak of foreign policy wise and where were the biggest mistakes, of course, the botched withdrawal from afghanistan comes to mind. >> right, foreign policy has been a disaster for joe biden, of course, a disaster. all of his foreign policy positions have been terrible for the last several decades. the afghanistan withdrawal was completely reckless. obviously that has communicated to russia that now might be a time to make a move against ukraine. joe biden greenlighted the north stream pipeline, something that gives russia a much stronger hand. basically the biden administration looked

right now we're sew dependent on taiwan and a south korea. we ought to bring a lot of that back into the united states. maria: right. i know that samsung just invested $17 billion in texas and texas is hopefully saying that it will be a major hub for that. congressman we know you're working on all of that. we will check in soon. thanks thank you for answering the tough questions. ro khanna joining us this morning. great to see you, sir. we'll be right back. ♪ ♪ ♪ hey google. ♪ ♪ ♪ ♪ ♪ ♪ our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... hey, graduation selfie! well done! and voya stays by our side, keeping us on track for retirement... ...giving us confidence in our future... ...and in kevin's. you ready for your first day on the job? i was born ready. go get 'em, kev. well planned. well invested. well protected. voya. be confident to and through retirement. maria: welcome back. congress gets a bit of a crash course on cryptocurr

david: rebecca, only 20 seconds but if russia does go into ukraine will china go into taiwan? >> i think that the signals are all terrible indicating that the united states is weak. we are focused internally. you hear it from the right. you hear it from the political left. we need to understand we can do it with our allies and partners. we can send a message that we have resolve. because of afghanistan and a weak response in this administration on ukraine i'm very worried about china's aggression towards taiwan. david: rebecca heinrichs, thanks so much. great to see you, appreciate it. no let-up on the holiday travel hassles as thousands of u.s. flights are canceled or delayed today. we'll bring all of the latest coming up. ♪ you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire david: welcome to the second hour cavuto "coast to coast" i am david asman emperor neil cavuto. travel disruption

what mark mobius was saying investing in india and taiwan that's the right thing to do invest in the free world, the united states and the county strategy that we will have to do to win economic competition. but wall street does not think that way there in a very different page they don't understand u.s. national security is seems. maria: ray dalio wrote a book called principles and in it he is talking about the chinese empire and how cycles happen it is likely the chinese empire cycle turns. is that what the issue is. big investment professionals believe it's china's time and they want to participate in it. >> that is just wrong in that regard america needs to get to know this man better. i know the vision of victory he sees them as a rising empire and he says we should get on board with that. he said china is a competitor to the united states and you should have bet on court under both courses in the race. he believes he's playing both sides and he knows exactly what he's doing and there's a military competition and a technological competition and he believes we should be invested

they are now 50 larger spending than india, japan, taiwan, southeast asia combined, their spending on their military. okay. they've got their priorities straight. they want to overtake the united states as the number n one super power and they're putting their money behind it. what is the problem with joe biden understanding who china really is and the adversary that is the ccp? why doesn't he get it? >> i think there's a more fundamental question. you have people who don't believe in the unique position that the united states holds. you have people in this administration, particularly in the white house, who believe that the sources for all of the world's problems are the united states and if you start from that position, you show your hand, you show your weak hand. one thing i wanted to add, because israel has been such an important part of the american psyche since it proclaimed independence in 1948, prime minister bennett just spent a weekend with vladimir putin cutting a deal so that the russians will not fire on israeli planes who are going after terrorist groups in syria. why i

no doubt vladimir putin is taking a page out of china's book with the ccp making it clear that taiwan is their red line. so we've got two situations here that seem to be bubbling up. the ccp and taiwan and russia and ukraine and then we learned this week that china is seeking its first military base on the atlantic ocean in the country of ofequal tore y'all begin you any -- equatorial guinea. what impact does that have on security as well? >> you put your finger on the issue that i had. is our resolve and our determination to execute and i think it's no accident, maria, that in this ten months of the biden administration, china, iran, and russia have all accelerated their aggression in trying to take advantage of the united states to achieve their national objectives. they've all upped their game. and why is that? i think it's because they perceive that this administration is more about accommodation and appeasement than it is about confrontation. that is the concern i have, that we'll go in there, talk tough but still play a weak hand. in terms of the base in africa, certainly that's

the sat questions from a is to be as hissy as 2d's are in a simplistic way, ukraine is to russia as taiwan is to china. it's that sensitive of an issue so not only is putin so raging about the collapse of the soviet union and he's said numerous times in public he wants to rebuild in some way soviet union but the idea that nato may embrace ukraine -- it's right on the border. if that hot button issue for food so we need to understand the dynamic that drives them in the spirit the other problem, there is no good solution. we could light on additional sanctions, we haven't seen any real indication of that. they annexed crimea, safe and into ukraine already, both with their proxy troops and they've got russian troops in georgia so this president for this but i suppose if you wanted to be optimistic, hubert say maybe what he's doing is playing his hand all at once showing all his cards and is all in on a big bluff 175,000 or more troops on the border with ukraine because i think that's what's going to get ukraine to back off this idea of perhaps joining nato which is not a done deal in getting

not to shift the military but china is threatening taiwan and russia is threatening ukraine and we have a president that's embarrassing on the national and international stage. they sense his weakness and why would they cooperate with us, so -- liz: got you. thanks for joining us. good to see you. still to come, the fifth circuit appeals court orders a new hearing on the legality of the white house's selective criteria for which illegal aliens should be deported for crimes. this could be a setback for the white house. find out what this could mean for the ongoing flow of migrants across the border. up next former federal prosecutor jim, the democrats hope to keep trump-russia collusion alive after weeks of setbacks and alternative mueller report will sudden by be released out of doj files, what does this mean for john durham's criminal probe on the trump-russia botched investigation. keep it here on the evening edit. liz: back with us former federal prosecutor jim, great to see you, okay. we've got the so-called alternative mueller report which robert mueller's former top deputy andrew

larry kudlow: some people are going to say that they are going to invade taiwan. but president trump says no boycott for the athletes. do you agree with that? >> i would've recommended to the president as secretary of state today that we not send our athletes into this difficult place where they are forced to be silent, where they will be on the global stage and lauded as a great leader and a million americans in concentration camps, i don't think that the committee should permit that. it is a tragedy that these genocide olympics appear to be moving forward now 45 days or so from this time. it is putting her athletes in an incredibly difficult position. larry kudlow: we thank you, former secretary of state, mike pompeo. merry christmas and happy new year, sir. thank you for your great work. coming up next, senator joe mansion. he saved america. it is chuck schumer ready to throw in the towel? we have more on social spending joe biden in when it comes to autism, finding the right words can be tough. finding understanding doesn't have to be. together, we can create

the concern is china moves on taiwan, russia moves on ukraine and biden after the afghan debacle lacks credibility. there is more, aoc says the reports of mass looting and smash and grab have not panned out. the retail guys say she doesn't know what she's talking about. monday december the sixth, 2021, "varney & company" is about to begin. ♪ ♪ ♪. stuart: i'm back back in the new york group. good morning lauren. should we start with bitcoin? lauren: let's do it. a table below 50000. about 5000 bucks, it's the last whatever was. lauren: it was a weekend of selling down 20%, 42000 and change at one point. it is still down in november, remember the high 69000 is very volatile and the moves are helping to rule out the idea that bitcoin is a safe haven in the hedge against inflation. you are not seeing that now with what we heard from the fed last week. maybe it's an investment. they are out with a new survey and they said older americans and females are showing more interest. it is pretty widespread. stuart: 483 as we speak and to speak on bitcoin. keith fitz is with us. were talking

so, can you talk to us more about russia, ukraine, china, taiwan, which of those countries are you concerned about when you look how the white house handled afghanistan? which geopolitical hot spot are you most worried about in light of that? >> well certainly because of the power of the chinese nation that is the real bellwether for any national security discussion in this country. china has an economic component that the old soviet union did not have, certainly russia doesn't have, iranians do not. china is wielding its influence, its malign influence around the world. it is interesting, they have, they have taken the measure of this president. they have harangued the secretary of state. they have humiliated him and the national security team and now they are threatening american allies from the korean peninsula all the way across to australia and to india. so that is the great threat. putin is punching as much as he can given the economic situation that he has but even in that case, liz, biden has given him a present by destroying american energy independence he has taken putin oil from a

afghanistan, what is happening with ukraine, iran, nuclear talks and what is happening with china and taiwan. you don't hear about north korea anymore with kim jong-un. i'm beginning to wonder, the comment brought adults in the room. i don't see it at all, liz, i just don't. elizabeth: how about the truth we abandoned more citizens and allies in the history of modern warfare? the single largest cat chris hick military blunder ever. we're hearing 126 american citizens are still there. the state department is saying it was in the dozens. what's the number? >> well, the number is probably well over 200 right now. there is a lot of agencies that are trying to get these americans that were left behind out and it is stunning to me, i said this repeatedly, we would leave americans behind. we should have gotten the people out before we pulled pitch and got out of afghanistan. we didn't do it. we left them behind enemy lines. i've never seen that done before. i keep going back to the advisors. what kind of advice they're giving to the president of the united states? liz, let me make a quick turn with

you have china and taiwan but the most current one facing us right now what is happening with russia in ukraine. if i was advising the president, i said you need to think about what is put putin trying to do long term? you have to understand to what he is doing to operate well and respond to him. putin looks at himself as the newest version of peter the great. when you look at him, what he is doing right now, looking at the russian constitution, he can serve as president until 2037. that is longer than any russian ruler, modern russian ruler. longer than stalin. longer than katherine the great and a little longer than peter the great who is his role model who was an expansionist czar going forward. he looks at himself historically and i would tell the president you need to think how he would react to this, trying to do something, remodel europe the way he wants to look at it. long term he wants to break nato. he is doing a pretty good job of it. talk about that. elizabeth: there is talk of fresh sanctions on vladmir putin's inner circle and on russia's energy producers. also potentia

they will gauge what happens here what they want to do with taiwan. there are global risks here. omicron doesn't appear to be one of them. no way to stop the spread of that. they're reporting out of europe half the people are asymptomatic and the other half have very mild symptoms. so if half the people are asymptomatic, that virus will spread everywhere. that might be a positive, get more people with herd immunity from a variant not very harsh. neil: that is what they're hoping for. we'll watch it closely. hal, i want to thank you. jared, i want to thank you. we were talking about our response whatever it will be to what the russians are doing, whether they respond to the threat of still more sanctions. we have not gotten any clarity from the european union or western friends including australia, britain, canada, japan, netherlands, all are saying news out of russia, troops on the border are reasons for concern and disturbing. so far no action. claudia rosett joins us, independent women's forum policy fellow. claudia, seems to me if we take a move on sanctions we might be going

you didn't have bombers flying over taiwan -- maria: why are they doing it now? >> you didn't is i have any threat of anything meaningfulness in ukraine. now, before that they took over a section of ukraine. you understand that. under the biden administration, they took over -- the obama administration, and essentially the two of them, they approved it. i think biden was in charge. and under obama's administration, they took over a very big part of ukraine, as you know, where they had the submarines, where the russians now have their submarines. it's hard to believe, actually. you know -- maria: weakness. >> the other countries? maria: our adversaries. >> even the ones that are our friends are taking advantage of us on trade. look, the european union is almost as bad on trade as china is. i say that to people, say -- they say, oh, you know, the european union's so nice. they ripped us off, you know, like few others. we lost $187 billion when i was coming into office with the european union. now, with china, it was $507 billion. this is, it's not sustainable. and

for china that is taiwan. it won't happen until after the other pics but not the move they think and certainly ukraine you've got vladimir putin stating time and again that is part of their territorial area. their previous invasion with crimea seemed fine for them, he doesn't believe president biden will have the backbone to fight back and so we will see what happens but ultimately the right move, president biden made the right move to deny any promise to vladimir putin that he would push back and allow ukraine to join nato. they have that option. >> i editorialized that i think the mandates are collapsing, a political shift, more democrats understand these vaccination mandates are bad for the economy. is there a political shift? >> i think there is. a lot of it is weariness. people are just looking around saying not this again. as we learned more how the virus is transmitted there is a private benefit from the vaccine if you are vulnerable or want to get less sick when you get covid get the vaccine. if you do

you didn't have bombers flying over taiwan,. maria: why would they do it now. you -- >> you didn't have threat of meaningfulness in ukraine. now before that, they took over big section of ukraine you understand that under the biden administration, are they took over, over at the obama administration and essentially a the two of them approved it biden was in charge. and under obama's administration, they took over a very big part of ukraine as you know where they had submarines russians how have their submarines. hard to believe actually, you know. maria: weakness -- >> the other countries? >> they -- >> our adversaries. >> even ones that are our friends the tan advantage of us on trade european union almost as bad on trade as chinese everybody says european union so nice, they rip us off like, you know,, few others, we lost 187 billion when i was coming into office with the european union. now china told -- 507 billion dollars, this is -- it is not sustainable. and what i did with taxes, the tariffs on china taking in hundreds of billions of dollars we never to

concerned about how putin and china's dictator xi xinping might sequence their threats to ukraine and taiwan in order -- david: i'm getting a wrap. we got to go. we haven't talked about how much money putin will make out of all of this and how little money our liquified natural gas program which would feed a lot of europe would lose as a result of this pipeline there is a whole another economic sphere to this issue. claudia rosette, thank you so much. great to see you. have a wonderful new year. coming up, we'll hear from the man who ran against eric adams for new york city mayor around what he is hoping the new mayor will do for the big apple. curtis sliwa, the famous curtis sliwa is here next. ♪. i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're

with the russian troop buildup the aggression chinese shown towards taiwan recently and iran closer to nuclear weapons the president pushed at the virtual climate summit pushed effort on climate change. >> clean water, safe roads, high speed broadband internet, so much more, all of which strengthens our democracy creating good-paying union jobs and soon, i hope, i heap to hope to sign into law a bill we call the build back better plan. reporter: former secretary wilkie says that sends the wrong message to the russians. back to you. neil: thank you very much. keith kellogg, former national security advisor to vice president pence. general, good seeing you. i don't know what is coming up with the phone call the president is happening with his ukrainian counterpart but what do you hope to hear from the president? >> neil, thanks for having me. what the president has already done with his talks with putin we have two world leaders, one of them is playing checkers, that's president biden and one of them is playing chess, that is vladmir putin. what putin wants to have, and i think he succee

hypersonic weapons, biotech and enhanced decryption abilities, and with china showing aggression towards taiwan, that could pose challenges in the near future. on top of that the, china's growing economics might mean dozens of public if figures overlook -- or apologize when their actions sometimes anger the chinese government. as an example, disney thanked chinese groups in the mulan credits, and the nba apologized after one of its players tweeted in protest. so this weekend's summit is going to be a big focus and with china posing threats to us on economic and security threat, this may become a key issue for americans in the election. neil? neil: kelly, thank you very much for that. kelly o'grady following these developments at the reagan library. as you can see right now, the dow down about 235 points. interest rates, the hoest we've seen in about a year. we're following that and the collapse of yield on the 10-year note. stay with us. ♪ ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of

this meeting but if the two of them do something like coordinate simultaneous invasions in ukraine and taiwan i don't know that they are there yet. stuart: we are told they will hold another meeting before the end of the year. is it possible they will discuss that kind of coordination of tweaking president biden? i'm sure that is a possibility at least. >> i think so. they average three meetings a year so it would make sense to meet again and where there is weakness in an american president, adversaries will speak to exclude that weakness was one of the things we need to do whenever we, one of the most dangerous times since the cold war, if we are going to box in china and russia we need allies to do it. our allies in europe have been week standing up to russia. we been more worried about advocating, pacifying the germans than we have been building up the military deterrence they need against russia. allies in the indo pacific have been fantastic, australia, india, japan, others, are working to stand up to the communist party. we should be concerned that the two of them continue the use meeti

prisoners people concentration camps, there are so many countries like tibet, hong kong, xinjiang, taiwan rights being abused, genocide a cultural genocide we definitely need to wake up speak up and try to find a way to help those people over there. . >> enis you are leaving money on table pushback from people want to roll over for ccp how much backlash when you gotten what is your stance coming up with sneakers, stop genocide slave labor, free the uighurs your sneakers have gone silver. what kind of impact have you seen as a result of your courage? >> i mean who cares about money who cares about endorsement deals? when people over there getting gang-raped tortured every day unacceptable i wish i hope that more people not just athletes but more people with platform will join me obviously, first time i put shoes on my feet i remember you know two gentlemen when nba came to me told me that we are begging you please take them off, i was like i am getting ready for my citizenship, there is 27 amendments my first amendment is greatest amendment ever you know freedom of speech, so you cannot ta

with respect to taiwan they are thinking about standing up for ukraine the way we said we're going to do that will be a challenge for china. we got to stand by at this point. stuart: your opinion who won? did anybody win yesterday? >> vladimir putin did get what he was looking for which was an agreement to talk about nato expansion, nato and american weaponry on ukraine soil, he won that piece of it. we don't want cards on the table we can effectively use and the question is will president biden be willing to stand behind his words? the hope is we want needs to because if he doesn't vladimir putin will roll over and i worry more about china and president xi. stuart: all-americans want to see our president stand tall and strong in the face of hostile dictators. we support the man but you got to be worried whether his threats are credible or not. thanks for being with us. stuart: more countries joining the diplomatic boycott of aging winter olympics which is joining? >> australia, the uk and scotland are not sending government officials, they are sending athletes but they are calling ou

china and having your technology used to suppress democracy in hong kong or to suppress freedom in taiwan or suppress the ability of the chinese people or even journalists to give basic information. so companies when they're looking at the morals and standards and what their values are, american companies have to determine is it within our value system to buy products or to have manufacturing facilities in shinzhen where there is a current genocide going on? they need to look to diversify in the region there is a lot of business to be done in india, japan, south korea. asia is a very big part of world and china is a big market but if you you have to sell our soul to do business there, american people need to think about what the corporations are doing. most importantly, how this can be used to actually hurt the american people especially when you look at drone and a.i. and other investments that american companies are investing in china right now. stuart: very difficult to take these companies out of the china business, i would say it is almost impossible. morgan, you raise very good poin