 And good evening everybody. I'm Ashley Webster, in for Trish tonight. Our top story, trade war turmoil. My oh my, President Trump firing back at China tonight, increasing tariffs on hundreds of billions of dollars in Chinese goods. This, after Beijing, hiked its own tariffs on $75 billion worth of U.S. goods. The President also ordering American businesses to, quote, immediately start looking for an alternative to China. Well, as you can imagine, all the trade tensions sending markets spiraling with the Dow closing off by more than 600 points, 623 points. Joining me now is Melissa Armo, founder of the Stock Swoosh. Steve Yates, the former Deputy National Security Advisor to Vice President Dick Cheney and Brad Blakeman, former Senior Advisor to Push 43. Welcome to you all, Melissa. Let me begin with you. Obviously, the market saw a big drop today. The trade war apparently is continuing to ratchet up. So can we expect basically a real roller coaster on Wall Street from this point on? I think we're going to have a lot of volatility coming up in the next few weeks. Now that doesn't mean it's going to last forever, but you're going to see times when we have Trump tweeting and then China reacting. And this could happen in two weeks from now. It could happen two months from now. It could happen at any point in time, as long as this continues to escalate and escalate it well. I don't think that this is going to get resolved before the election. I think that China is going to try to see if Trump doesn't get re-elected, which he may very well get re-elected. In fact, I think he does, and I don't think this is going to stop him from getting re-elected. But I will say that this probably could continue maybe for the next five years. China is not going to make a deal that's going to make Trump happy at this point. Five years, Melissa. Wow, that is pessimistic. Let's bring in Steve Yates if we have him. Steve, let me just follow up on what Melissa just said. She sees this trade war going on five years. Is there a part of this that maybe China is trying to drag it out, hurt the world economy, at the same time perhaps hurting the U.S. economy, and thus hurting the chances for Donald Trump's re-election? Is there any of that at play? What do you think? Well, there's no question that the Chinese are using somewhat conventional analysis about American politics and thinking that they can play the long game for time. I think they have miscalculated a fundamental shift in American views among our electorate and among our policymakers about China writ large. President Trump came in with a mandate to re-balance a new approach to China. And I think a lot of us on the outside have miscalculated that China itself is going through some profound changes and so is the Communist Party, whether it's the situation in Hong Kong or otherwise. I don't see this getting resolved in the near term at all. Definitely through the 2020 election cycle. Let's bring in Brad. Brad, we had a guest on Fox Business earlier today who said, he believes China can handle more pain than the United States. But it seems to me that the United States, I think, has the upper hand when it comes to the economy because China really is struggling right now. There's no doubt they've had aggressive growth. They have a problem we don't have. And that's a billion, 300 million people. They've got to feed, house, close and put to work. And Steve is right. China has a long-term view of the world and especially of America. They think they can wait us out and hope that the next person will be different and somehow beneficial to them. And I think they take a huge gamble. I think they have more to lose than we do. To quote Margaret Thatcher, we better not go wobbly. We've got to stick with a policy that is working. And there may be some more pain in the short term, but long-term gain. China is a country of makers, takers and fakers. They make our products, take our products, and fake our products, enough's enough. Melissa, let me bring you back in. I mean, from an investor's point of view and to what you said earlier, this is very difficult to play. It's very headline-driven right now when it comes to the financial markets. How do you play this? I feel like the United States is the only game in town. Interest rates are negative on treasuries around the world. The U.S. is the only place to be. And if the Fed comes through with a rate cut, that's still positive for the markets, isn't it not? I definitely think, if you look at it and take it into perspective, we're only about 6% off the highs, even after the sell-off today. And the market has rallied, depending on if you're looking at the S&P or the Dow, between 30 and 40% since Trump got elected. So overall, even though we fell hard today, and you're going to see other days like this as well, the market is still in an uptrend. So you can't forget that. And people have gained. So what you saw today was selling. You saw panic selling today that happened because of these tariffs that came in. But you'll see buying come in at some point if a deal gets done. Now, again, when is the deal going to get done? Nobody knows. But I think it's going to be interesting because the market has been so strong under Trump. If the market can shrug this off and hang tough and hold the uptrend through the next year, the election cycle, and then, like I'm saying, this could be the last thing that Trump does in office if he gets re-elected and makes a deal with China in 2024. But I got to tell you, there may never become a deal because the fact is 40 years ago, China was, there was a lot of poverty in China. I mean, Shanghai, there were people that had no heat, no electricity. All of a sudden, from 1980 and 1980s, that wasn't that long ago. We think about it. The country has boomed and skyrocketed. They don't want to lose that. Remember, all the money that's coming in from the tariffs that are charging us, the government's getting that money. That's a very good point. I want to move on because President Trump is heading to France tonight. I think he leaves a little later on here. Of course, he's going to that meeting at the G7. Trade and global economy is certain to dominate the agenda. And the President is slated to hold some face-to-face meetings with Boris Johnson since he became Britain's Prime Minister. Steve, a lot of attention will be focused on the President's bilateral meetings with these leaders off to the side. Is anything going to come of these? I know President Trump is no big fan of these international get-togethers. I completely agree with President Trump when it comes to the get-togethers in the sense that if you put a number after a G, the larger the number, the least likely any kind of a meaningful outcome will be. And so it's really just an opportunity to have these bilateral meetings. We have some work to do with Europe. Europe's still in a little bit of a postmodern dream when it comes to the reality of dealing with China. There's things related to Huawei. There's things related to supply chains that we need to have a meaningful conversation about. But whether it's China, North Korea, or Iran, we really need our European allies to get more on board with where the United States and the world is going and resolving these issues. Well, and Brad, let me follow up on what Steve just said because the President is expected to tout his policies when it comes to the economy by showing that the U.S. is one of the few economies around the world which is pretty humming along quite nicely. He's going to come under fire from European allies and let me point out that Europe's economy is stagnant. It's in neutral. It's going nowhere despite the fact that they're printing money to try and stimulate it. I don't think this President is going to take too well to being lectured to by others who seem to be hypocrites in the way they conduct their policy. And by the way, I think with Boris Johnson in England, I think he's got to get his house in order with Brexit once and for all, have a plan that's deliverable. And as far as Germany is concerned, they need to get their economy in shape. So I think the President maybe can teach them a few lessons, but either we hang together or we hang separately. And I think that it's about time that Europe showed a little bit more unity, not only amongst themselves, but also with the United States. Yeah, good luck with that. Steve, very quickly, let me just finish with you. Let's get back to the G7 issue. I think Donald Trump is very much his own man as I said, he doesn't like these institutional, these international get-togethers. And I don't think he really cares what anyone has to say. He's going to go in there, says what he thinks and move on. One of those will be Russia being allowed back into the fold, but I don't think Europe's going to, and the rest of the world is going to play along with him. Well, there's no question that if you're going to try to change conventional thinking and conventional methods, you have to make some people uncomfortable. And Donald Trump is the master of walking into an uncomfortable room and trying to reframe the issues. And I think it's brilliant that he's bringing some of these issues back into consideration. If we're going to have Europeans get together and talk about Russia, well, he's not afraid to have the Russians sit on the conversation, but he's not going to miss the opportunity to tell the Europeans, get wise about this have-your-cake-and-eat-it-to approach. You can't drift on us, our spending and our defense. You've got to get serious about the security elements of Russia as well. Not one more thing actually. Very quickly, go ahead. Yeah, people criticize Trump a lot for the trade war and other things too. But you know what? He's a strong person. He's a strong leader. If you want someone to be president of your country, you want someone that's strong. I agree. We'll have to leave it right there. Melissa, Steve, Brad, thank you all for joining us on this Friday night. Much appreciated. Thank you. Pleasure. Remember when Meghan McCain confronted disgraced FBI agent Andrew McCabe on The View? You were fired at the recommendation of the FBI. I would like you to say right here on National TV that you were not a source for the New York Times, you were never a source for the New York Times, or any other publication considering that's what you're accused of lying about. Well, apparently CNN thinks getting fired for lying, that's a good thing. The news network now under fire for hiring him as a contributor. Tonight, we'll have the details on that. Also tonight, Democrats just love to call for President Trump's impeachment. Yes, I believe that he should be impeached. It is not. If he will be impeached, but when? If we don't impeach this president, he will get re-elected. We're going to go in there and we're going to impeach them all. There's a theme there, right? New evidence that most Americans don't even want impeachment. Stay tuned for the latest numbers. But first, a new report. The more illegals are arrested in this country than U.S. citizens. You can see the numbers for yourself after this.