 Well, it's all for the money now, President Trump is on route to Osaka, Japan for the Jitsunny talks and particularly on that China trade tip. Are we getting closer to a deal? There were a number of fascinating developments today that hint, and I want to stress hint. Maybe we are. Welcome, everybody. I'm Neil Cavuto. Kristen Fischer now at the White House on some of those hints of a deal that might not be immediate, could be in the works. Kristen. Well, Neil, President Trump is optimistic that he'll be able to cut a deal with Chinese President Xi Jinping on the sidelines of the G20 summit, but if they are not able to cut a deal, then President Trump says that he's already got a plan B. My plan B is that if we don't make a deal, I will tariff, and maybe not a 25%, but maybe a 10%, but I will tariff the rest of the $600 billion that we're talking about. We have much more than $300 billion worth of products. Now, what's going to happen then, all of those companies will move out of China, most of them, and they'll move to other places like Vietnam and other places that take advantage of us, and we'll start working on that too. Now, if President Trump were to move forward with that plan B, it would mean expanding his tariffs to virtually everything China ships to the United States. Originally, he said those tariffs might reach 25%. Now he's saying they'd likely start at 10%. But administration officials are hopeful it won't come to that. Treasury Secretary Steve Mnuchin said today that the trade talks were nearly complete until China reversed course. I'm hopeful that we see a deal, but there needs to be the right efforts in place. We were about 90% of the way there. I think there's a path to complete this, but we'll see where we get. The talks start on Friday with the Treasury Secretary and U.S. Trade Representative sitting down with the Chinese Vice Premier that's on Friday, then on Saturday, President Trump and she will sit down. It is poised to be the biggest bilateral meeting of the entire G20 summit, and Neil, that's really saying something since President Trump is also going to be sitting down with Russian President Vladimir Putin as well. Neil? Just amazing. All right. Thank you very, very much. In the meantime, where is all of this going then? Republican strategist John Thomas. I've got Democratic strategist Robin Byro and a stock swish founder Melissa Armo. Melissa, I ended with you. The read that we were getting earlier on is that they're making progress. Talk that maybe the tariffs won't be 25%, maybe it'll be 10%. The Chinese delegation, we're getting late word meeting in Osaka ahead of the formal beginning of the talks, I think tomorrow. A lot of bits and pieces there. You string them together. You start getting hopeful, should we? No. They didn't warn me that you would not be the absolute single. So sorry, I hate to be a negative Nellie and I'm really a positive person and obviously I'm also pro-Trump because I believe he's going to get a deal done with China, however, that being said, I don't have 100% conviction it's going to happen this summer or possibly even this year. And here's why, every time they make a little process, but it's like taking 20 steps forward and then you take 12 steps back and that's what it is. And I wouldn't be at all surprised if in fact they get close to a deal again, it shuts down and then Trump puts on these other tariffs he's threading and then watch the market just go right like that. You know, to her point, he did sort of throw in an added thing against Vietnam, right, that they're watching them and the trade policy with them. Last time I remember on it, the Vietnamese were the ones who were luring a lot of businesses ticked off about dealing in China come to us. So now these businesses, they went there and now they could be boom twice. What do you think of it? Well, I think that China is highly motivated right now because growth in the private sector has been really slow. So they're highly motivated to make a deal. It's a whether or not it's worth the political cost to them. So that's where we have to dial down on this. They have three red line issues. They won't move on the first two, keeping the tariffs in place and unilaterally reimposing tariffs. But I think we can negotiate on the third, which is adjusting the quantum number on the number of trade goods. I have no idea what you said. No, no, no. He's very good. He's so smart. He leaves me in the dark. But the one thing that I was noticing in this is, you know, it's maybe to Melissa's point you got a little bit of sugar and a little bit of salt. And then the salt was the U.S. sort of directing all Chinese companies not be dealing in any way, shape or form with our companies on 5G technology. And that's sort of up the ante of it. It did. Look, Trump's plan B that he talked about with Maria this morning of increasing tariffs on a broader range, I think it's exactly. I think he was making that up on the fly. Probably right. But I think his instincts are exactly right here, Neil. Look, we're going to. Do you really think there's a pattern to this? There's a strategy? Yeah, I absolutely do. Trump's basic premise is we've got a bad business partner named China. No doubt. And, you know, through the Vietnamese things out of them, I'm not dismissing it smart. So I don't want you to misinterpret me. I just wondering where are we going? I thought the focus was China close to down China. Now these companies that you urge to relocate not too long ago, go to Vietnam. And now Vietnam's a focus and and it's like a bad habit in Castellus. Look, I think the president will refocus right back on China and politically speaking, this is a win. No matter honestly, whether he gets a deal or not in 2020. It's a win for him because I do think so because Trump is the first. Those tariffs come into effect by then they would be felt. Yes. But Trump is the first president in decades to be able to go to those Rust Belt states and say, look, I'm the only one sticking it to China and standing up for you. Well, some of them in those states are saying, you know, you're sticking it to what? Well, he's not going to not get elected if this isn't resolved and it might not be resolved. I don't think this isn't going to affect him not getting elected. It's the fact that he's taking action. I think this actually. There's some he said. I think this plays out for him. But what I worry about is, and I caught a lot of that interview we had with Maria. I thought it was kind of, all right, we're doing this and we're doing this and we're doing this. Yes. And if I'm on the other side of the table, I'm wondering where we're going here. But he's good on the fly and you got a hand at your own. Some people stink on the fly. He's good on the fly. That might have been a hundred percent on the fly. Well, we don't know yet. We don't have a deal. But I mean. I hope it works out to your point. Well, yeah. Even you're cynical. I'm cynical about it working out. I'm cynical in saying that every time Trump's tweets that everything is great or Mnuchin says we're 90 percent there, the market gaps up, the market browns out. Well, he said it was Ms. Porter on that, that Mnuchin, Steve Mnuchin, the Treasury Secretary, there is a path to complete it. Well, I use that with diets. There is a path. I never take it. So I'm looking at this and whether the markets might be jumping prematurely. Oh, yeah. Absolutely. And look, I agree. This is basically the way Trump operates, though. And I think it's very much on the fly. But he's pretty savvy at some things. I think he knows what he's doing to a point. I'm just nervous. What are the American people going to look at him in this approach and really do your way and then say, well, at least he's gotten the approach. Number one, he's got an approach and he's got guts. And number two, he's got to tell the Chinese that they think he's crazy enough, you know, whatever it is, that he's crazy enough to go all the way and up the anti-on tariffs. And I think he's projecting that. That's the problem. China wants something. China wants something. They don't just want the tariffs to be, they want something in return because the way it's been forever and ever and ever is the way it was. So in order for Trump to lift the tariffs, China wants something in return and what that is, I don't know. And what I'm thinking they need is, they need an expert. They need a person to understand Chinese culture, to come in and work with the team. Too late for that, Tom. Too late for that. No, it's not too late. The Chinese culture thing, if you don't have that down now, good luck. But seriously, you guys are great. I just didn't understand where this ultimately goes. On the fly work. On the fly work. On the fly work. You're on the fly. You're on the fly. I don't agree here on this. All right. In the meantime, this other...