Morning Joe - Morning Joe 6/11/25
Episode Date: June 11, 2025Curfew takes effect in downtown Los Angeles amid protests against ICE raids ...
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This brazen abuse of power by a sitting president inflamed a combustible
situation, putting our people, our officers, and even our National Guard at
risk. Many of you have seen the video clips of cars burning on cable news. If
you incite violence, I want to be clear about this, if you incite violence or
destroy our communities, you're going to be held to account. But we do not want
our streets militarized by our own armed forces.
Not in LA, not in California, not anywhere.
Trump is pulling a military dragnet all across Los Angeles, well beyond his stated intent
to just go after violent and serious criminals.
His agents are arresting dishwashers, gardeners, day laborers, and seamstresses.
That's just weakness, weakness masquerading as strength.
Donald Trump's government isn't protecting our communities.
They're traumatizing our communities.
And that seems to be the entire point.
If some of us could be snatched off the streets without a warrant,
based only on suspicion or skin color,
then none of us are safe. All right, California Governor Gavin Newsom delivering an address
last night responding to President Trump sending military forces into Los Angeles. The governor
took a defiant tone calling on Americans to stand up to the president. It came hours after Trump defended his decision to deploy service members while giving a rally-style
speech at Fort Bragg in North Carolina.
We'll go through all of that and what it means in just a moment.
Also ahead, we'll have an update on trade talks between the Trump administration and
Chinese officials in London. Plus, we'll bring you the latest from Eastern Europe as Russia continues
to escalate its attacks on Ukraine, launching yet another deadly strike
overnight and will be joined by Democratic Congresswoman Mikey Sherrill
of New Jersey, who will be the state's Democratic candidate for governor this fall. Good morning and welcome to Morning Joe.
It's Wednesday, June 11th, along with Willie and me.
We have co-host of our fourth hour, contributing writer at The Atlantic, Jonathan Lemire, U.S.
special correspondent for BBC News and the host of The Rest Is Politics podcast, Cady
Kay.
MSNBC contributor Mike Barnicle is with us and former Republican
Congressman Carlos Curbelo of Florida.
He's an MSNBC analyst.
And Willie, we begin once again out west where tensions are running high and a couple of
narratives are playing out here at the same time.
Yeah, and a curfew is now in place in downtown Los Angeles after those clashes between protesters and law enforcement. Mayor Karen Bass ordered
the curfew last night saying it will quote stop bad actors who are taking
advantage of the president's chaotic escalation. Mayor Bass says she expects
the curfew to be in place for several days. There have been hundreds of arrests
since Friday. It all comes as the Trump administration has activated 700 Marines and 4,000 members
of the National Guard there in LA.
The troops have been helping federal immigration agents
carry out raids across the country,
a move that is expected to cost about $134 million
for 60 days of operations.
California has filed a lawsuit
seeking to block the Trump administration from activating
those troops.
Federal judge is set to hear that case tomorrow.
Meanwhile, Governor Newsom slammed President Trump in a formal address last night, as we
heard a minute ago, criticizing the president for federalizing the National Guard and deploying
Marines to L.A. and accusing him of fanning the flames of the protests. Newsom also described Trump's actions as an assault on democracy while issuing a
warning to other states.
Donald Trump, without consulting California law enforcement leaders,
commandeered 2,000 of our state's National Guard members to deploy on our
streets illegally and for no reason.
This brazen abuse of power by a sitting president inflamed a combustible situation, putting our
people, our officers, and even our National Guard at risk. That's when the downward spiral began.
He doubled down on his dangerous National Guard deployment by fanning the flames even harder. And the president, he did it on purpose.
This isn't just about protests here in Los Angeles. When Donald Trump sought
blanket authority to commandeer the National Guard, he made that order apply
to every state in this nation. This is about all of us. This is about you.
California may be first, but
it clearly will not end here. Other states are next. Democracy is next. Democracy is
under assault before our eyes. This moment we have feared has arrived. Joining us now
from Los Angeles is NBC News correspondent, Camila Bernal. Camila, good morning. We spoke
at this time yesterday.
Things have calmed a bit.
What was the situation overnight,
particularly with this curfew of a certain area,
relatively small area of Los Angeles put into effect?
Hey, Willie, yeah, things calmed
because that curfew is still in effect
for another three hours or so here in Los Angeles.
But we did see a number of arrests
after that
curfew went into effect at 8 p.m. local time last night.
A huge law enforcement presence, essentially getting everyone off the streets last night.
And like you mentioned, Karen Bass really pointing out that LA is about 500 square miles
and you're only getting that curfew in about one square mile of this city.
So that should give you some perspective as to how large these protests are in comparison to all of Los Angeles.
There's been a large law enforcement presence not just last night during the curfew,
but really throughout the entire day in the last couple of days,
largely made up of state officials and the local police department here.
And they have been pushing protesters out of the way, essentially,
when they go into the 101 freeway, for example.
And we are getting an updated number of those arrests.
They started out Saturday with just 27 arrests, then on Sunday, 40 arrests,
then on Monday, 114.
And then yesterday, before that curfew went into effect,
they had arrested 197 people.
So you're seeing those numbers increasing.
We're expecting more because of that curfew,
but officials saying you're not going to be able
to go on the 101 highway.
You're not going to be able to vandalize
and create problem within the city of Los Angeles.
Officials saying they're going to continue to look at tape
and prosecute people, hold people accountable
if they are putting that graffiti
all over the streets of LA.
That's one of the biggest problems
that authorities wanna get a handle of,
and it's why in part, why they put this curfew in place.
They're also telling protesters
that if you're vandalizing and looting,
you're not standing up for migrants. Those were the words of Karen Bass. And then, of course, there's this
political fallout and this political fight between Karen Bass and Gavin Newsom against the president
and the two leaders here in California saying that the president has escalated this, has put
fuel to this fire. And they say there are two simple reasons as to why this has escalated, one being the
raids and the immigration agents going into local businesses, going into schools.
For example, the governor is saying there were unmarked vehicles at a school and saying
that children are afraid to go to their own graduation.
And then the other aspect is, of course, the National Guard, the Marines, people on the ground here,
not wanting to see that, and that creating escalations
and tensions here in Los Angeles.
But I do want to point out that the day yesterday
ended very peacefully.
There was a vigil taking place with interfaith leaders,
and a lot of people just wanting this
to be about the migrants, this to be about the central
issue and not about the violence and what you're seeing when things escalate between
protesters and police officers, Willie.
Camila, depending on where you get your information, you're getting two very different stories
of what's happening in the streets of Los Angeles right now.
Mayor Bass, Governor Newsom saying they're mostly peaceful.
There are some bad actors who, yes, are committing violence and damage, and they should be arrested
and prosecuted.
Everyone agrees on that, I think.
But then if you watch other channels, it's chaos in the streets.
And if you listen to the President of the United States, it's chaos in the streets,
him seizing on a couple of clips played on a loop that he's been talking about.
So you're there, you're covering these protests, you've got sources on the ground.
What is the truth?
What do these protests actually look like?
Yeah, there is some aspect of chaos, but it's relatively small in comparison to Los Angeles
and in comparison to the protesters.
You're seeing so many members of law enforcement almost in comparison to these protesters.
So once these ones that want to escalate things and want to create trouble start doing so,
that's when you of course have the cameras ready and present and capture a lot of these
images that essentially get blown up and get there's this narrative of LA is on fire and
it's not that is not the case.
It's a very small area. Things were getting a lot more calm and a lot more
peaceful yesterday. But what Mayor Bass and Governor Gavin Newsom are saying is
yes things are getting more peaceful but then you start talking again about the
National Guard and the Marines and then people get angry and upset. But again
usually it is a smaller group of people in comparison to the people that are protesting peacefully
and that want to get their message across.
Willie.
NBC's Camila Bernal reporting for us from Los Angeles
again this morning. Camila, thanks so much.
Mika?
Yeah.
So, Jonathan Lemire, you have a new piece
reporting in The Atlantic, and it's a piece you co-wrote.
It's entitled, The White House is Delighted with Events in Los Angeles.
You write in part this, Indeed, officials at the White House told us they are satisfied
with the way the L.A. confrontation has unfolded.
They believe that it highlights their focus on immigration and law and order and places
Democrats on the wrong side of both.
One widely circulated photo showing a masked protester standing in front of a burning car
waving a Mexican flag has been embraced by Trump supporters as a distillation of the
conflict, a president unafraid to use force to defend an American city from those he deems
foreign invaders.
We couldn't have scripted this better, said a senior White House aide, granted anonymity
to discuss internal conversations.
It's like the 2024 elections never ended.
Trump is strong, while Democrats are weak and defending the indefensible.
A lot of concern that Democrats are being played here in a big way, even the media
to an extent. What more can you tell us about your reporting, Jonathan?
So, Meek, and certainly the White House, as you just read, very pleased with how this is going so
far. They think these are some of the president's strongest issues and that he looks like a commander
in chief in charge situation. Democrats in 2024 certainly recognized
and throughout much of the Biden years
that immigration was a vulnerability for them.
I will say, though, that Democrats in the last day or two
have been happy to stop talking about immigration as much
and more about the president's use of the National Guard.
They feel like that's much safer political terrain for them,
that a lot of Americans are upset with the idea
of the idea of the
military, the Marines, even on the streets of an American city.
And certainly there are some Republicans, the piece also
notes, that we've spoken to who worry the president might be
on the verge of overreaching here, playing too much with
the military.
You know, he is certainly in 2020 was talked out of deploying the National Guard as much as he
would have wanted.
They did some, but not as much as he would have liked.
He of course, as we have talked about yesterday, even in 2020 wanted asked his military leaders
if it would be okay to shoot protesters in the legs.
He was told, absolutely not.
You can't do that.
This time around, I mean, he certainly hasn't invoked the insurrection act yet, but we heard
from him again yesterday saying he's thinking about it
He seems more willing to take that extra step and certainly he's surrounded by much more about yesmen
This time around so yeah, Mika
You know what a few white house aides I talked to look that they'd like this show of force
They don't want there to be violence
They said they recognize if there is a full-fledged clash between the military and protesters, that's not good for
anyone. Obviously, it also would create more scenes of chaos, and they think that would
turn off Americans across the country. But, Willie, but right now, they like this idea
that the president looks like he's a man of action. They, of course, are very critical
of how the California governor and the Los Angeles mayor have handled this.
This pushback of course from the other side, but they feel like this plays right into the
strengths.
Strong leader and gets to talk about immigration.
And they have to create this scene of chaos with the help of some images from their friends
in the media to justify what they're doing.
So Carlos Cribelo, let's talk about the way that the governor, the mayor of Los Angeles
have handled this.
They have said again and again over the last several days, if you commit violence, you
will be arrested, you will be punished, we will track you down and find you.
Yes.
That said, they believe the Los Angeles Police Department is more than equipped to handle
demonstrations of this size and to make the arrests they've been making without the help
of 4,000 National Guard troops and 700 United States Marines. Yeah Willie I
think this is really Gavin Newsom's moment right and I think he has handled
it with sobriety I think he's trying to control the narrative it's very
difficult when you're competing with some of the images that keep getting
replayed on the news and and and a lot of this is newsworthy.
When people are assaulting federal government agents, that is a big deal, and that should
be covered, and every network has covered it.
Now, of course, there are some exaggerations in terms of how widespread this is, how violent
it is, and that's what Gavin Newsom and Karen Bass are having to contend with.
But I really do think what Newsom is trying to do here is to win the middle of the country.
And I think it makes a lot of sense to de-emphasize the immigration issue.
Immigration is still not a good issue for Democrats.
The majority of American people don't trust the Democratic Party on the immigration issue. So to shift to
the excessive use of force does make a lot of sense to me.
Defense Secretary Pete Hegseth testified yesterday before the House Appropriations
Subcommittee on Defense. Lawmakers wasted no time pressing the secretary
about the deployment of troops to LA. Secretary Hegseth defended the move and suggested the use of
the National Guard for homeland defense would expand under President Trump.
The governor of California is unable to execute the laws of the United States.
The governor of the California has failed to protect his people along with the mayor
of Los Angeles and so President Trump has said he will protect our agents and our Guard and Marines are proud to do it.
The law also says, Mr. Secretary,
that the orders for these purposes
shall be issued through governors of the states.
You and I both know that President Trump
has all the authorities necessary,
and thankfully he's willing to do it
on behalf of the citizens of Los Angeles,
on behalf of our ICE agents, and behalf of our country. Secretary Hegseth also responded
to reports the National Guard members were not prepared for
the activation following a San Francisco Chronicle feature
detailing how some members have been left without adequate
sleeping arrangements. There have been photographs that have
shown these troops sleeping on the floor and have
not been provided fuel, food or water by DOD.
How long will this deployment last and why were we unprepared to provide them basic necessities
such as food and water?
The commanders and troops on the field are very well prepared, sir.
They responded incredibly rapidly to a deteriorating situation with equipment
and capabilities.
So, you have these comments, Mike Barnicle.
President Trump also had an address at Fort Bragg yesterday.
What do you make of, so far, these deployments and what they might prognosticate for the
future?
You know, Mika, this is literally a tale of two cities.
There's the tale of one city being told by the administration
by sending the National Guard and the United States Marine Corps,
combat-ready Marine Corps, onto the streets of an American city.
Then there's the other tale of another city, Los Angeles itself,
and when told by the mayor of Los Angeles, Karen Bass, and the governor of California,
Gavin Newsom, you realize the facts of the tale of the two cities.
And the facts are that Los Angeles is calming down, that there are no riots in the streets,
that the activities of the protestors is confined to about four or five square blocks
in a city, a tumultuous, large, sprawling city in America.
Four or five blocks, that's it.
And Catechay, the tale of two cities is being told by the media.
We know this.
We're in this business.
But the impact of pictures that people see on their TV tell a story that's not really
accurate.
I mean, the flames, the cars being burned, the police being thrown concrete blocks at
the police, that's been taken care of by the Los Angeles Police Department.
They have restored order on their streets, and yet it's hard to understand the other
tale being told by the administration.
Yeah, I mean, you're right. streets, and yet it's hard to understand the other tale being told by the administration.
Yeah, I mean, you're right.
I spoke yesterday to a couple of political strategists, one Democrat, one Republican,
both from California, and both of them agreed that in the context of California history,
these protests have frankly been pretty minor.
They're contained to downtown.
They haven't really spread.
One of them said that in Sacramento, by the end of the day, it was just like a picnic.
So I think there is the reality that the protests aren't particularly big, but there is also
the White House's message, as you're suggesting, and as Jonathan was saying earlier, that works
very well for the administration.
And all of that leaves Democrats in this tricky position.
You know, how do they get the message out?
Do they just try and hope that if this calms down, it looks like having the military out
on the streets is overkill by the administration.
But if the protests continue, either in Los Angeles or in other Democratic-run cities
around the country, does the White House be—is the White House able to claim credit for having
calmed down a situation, even if that situation was not particularly aggressive in the first place.
And I think that's why it's hard for somebody like Gavin Newsom, who has his own political
future in the Democratic primaries to think of for the presidential run, to figure out
exactly how to handle this and exactly where to stress where they're going to do their
messaging.
All right.
Straight ahead, we're going to get to some must-read opinion pages on this.
Also in our nine o'clock hour of Morning Joe, Los Angeles Mayor Karen Bass will be our guest.
Also ahead, Elon Musk says he now regrets the comments he made about President Trump.
We'll dig into that and how the relationship between the two has definitely changed. Plus, we'll get the latest on the war in Ukraine as both sides carry out a prisoner swap and
the European Union looks to impose more sanctions on Russia.
And a reminder, the Morning Joe podcast available each weekday featuring our full conversations
and analysis.
You can listen wherever you get your podcasts.
You're watching Morning Joe.
We're back in 90 seconds.
22 past the hour time now for a look at some of the stories making headlines this morning.
Elon Musk says he now regrets some of the social media messages that he posted during
last week's public feud with President Trump.
Musk did not specify which ones that he regretted writing, but did acknowledge they, quote,
went too far.
President Trump has said he has no interest in repairing the relationship with his former
adviser, Carlos Cabello.
Some of them were about the big, the president's words, big, beautiful bill.
He was extremely critical.
Does it have any impact?
I don't think so.
I think a lot of congressional Republicans have kind of dismissed this as
Elon Musk getting emotional, getting a little too heated about his breakup with the White
House. And frankly, I don't think anyone at the White House wants him back. Elon Musk,
while a very good political ally for this president, did create a lot of chaos in the White House, did overstep
his authority, get into other people's turf. Everyone remembers that cabinet
meeting where Marco Rubio and Sean Duffy pushed back in front of everyone and
president took their side. So I just think you know even though Elon may
want to make peace, everyone's kind of happy to see these two go their separate ways.
Yeah. All right. Moving on with the headline, South Korea has stopped broadcasting anti-North Korean propaganda along the border between the two countries.
It comes as the new government in Seoul takes concrete steps to ease tensions with its rival. The loudspeakers had been playing South Korean music
in an attempt to undercut efforts by North Korea
to stamp out the influence of pop culture
and language among the population there.
And Michael Bloomberg is endorsing former Governor
Andrew Cuomo for mayor of New York City.
Bloomberg held the mayor's job for three terms.
In a statement, Bloomberg writes,
in part, the question before New Yorkers
is not who is the perfect choice.
No mayor is perfect.
The question is, who is the best choice?
To me, that choice is clear, Andrew Cuomo.
Cuomo is currently leading the primary field.
Election day is Tuesday, June 24th.
Willie, that's quite an endorsement.
It is. It's an important endorsement. A three-term mayor of New York City,
Jonathan Romer. Michael Bloomberg putting an interesting to see his statement in the endorsement.
He goes, look, he's not perfect. Sort of acknowledging some of the flaws that a lot of New Yorkers see in the frontrunner in this race.
Yeah, it's in some ways captured the mood of the city
about this race, where it feels like every candidate,
there are some real misgivings about it.
And Governor Cuomo, he is running on,
as he says, a strong managerial run.
But we know his time in office ended with scandal.
And of course, he received a lot of criticism
for how he handled some of the parts of the COVID pandemic.
And it is a tightening race.
We have seen Zoram Mondani really make some inroads here.
He seems to be the leader, Mike, of the non-COMO division, although we certainly could hear
from we had the city council speaker, Adams, Adrienne Adams here yesterday.
She was impressive.
It was, Brad Lander and other candidates still very much in the mix.
Also because it's rank choice voting.
It's hard to know what to make of this.
And we also truthfully haven't had a public poll in a while to really give us a snapshot
of the race.
Yeah, the rank choice voting is interesting.
I haven't seen the ballot.
Has anybody seen the ballot?
I don't know what the ballot looks like.
I don't know how you do rank choice voting.
But the Bloomberg endorsement is huge.
Because I think a lot of people in New York, New York City residents, no matter what borough
you live in, you realize that the city, it's made a difference when Bloomberg was mayor,
just administratively.
Things went better in the city when he was mayor, because he's an administrator.
He knows how to run things.
And if you look around the playgrounds in this city, over in Brooklyn, your neighborhood, the playgrounds that were built, the things
that were made accessible to more citizens of this city during the Bloomberg administration,
I think that's going to have an impact, a big impact on the race. He's the endorsement
of Andrew Cuomo.
Next door in New Jersey, the race for governor is now set. Democratic Congresswoman Mikey Sherrill and Republican Jack Cicciorelli have won their
party's primaries in the Garden State.
That's according to NBC News projections.
Their victories set the stage for what will be one of the most closely watched races of
the year.
We are in an American crisis, but not in a war for independence, in a fight for our future.
The fight for justice, for liberty, for opportunity and for prosperity.
And once again, it is New Jersey's responsibility to lead this great nation.
Tonight we took the next step in achieving our mission with a clear and convincing primary
victory.
Tonight, because of you, we won all 21 New Jersey counties.
Tittarelli, who has the support of President Trump, defeated four other Republicans very
comfortably in the race.
Sheryl beat five Democrats.
She also won by double digits.
New Jersey won two states with governor's races this year, with the contest likely to
be an early sign of how voters are responding to President Trump's second turn.
And we will speak to Congresswoman Sherrill about her primary win when she joins us in
our next hour.
Carlos, this is a fascinating race because there are, as I said, so few governor's races
this year, but also because of what it sets up, which is a Trump-backed Republican in
a blue state that got a little less blue in the last presidential election and a moderate
Democrat, a very impressive Democrat in Mikey Sherrill with military experience,
experience as a prosecutor and now hoping to be the governor. Yeah that's
right Willie I think Democrats in nominating Mikey Sherrill really have
set themselves up to avoid the type of surprise
loss that almost happened there in the last election after President Biden had won the
presidency, right? That was a close call for Democrats. And then President Trump came a
lot closer to winning the state than they would have liked last time. So Mikey Sherrill,
a centrist candidate, not just in her
policies, but also in the way she carries herself and her demeanor, it seems to me that that's the
best type of candidate for Democrats going into this fall. All right. Former Republican
Congressman Carlos Curbelo, thank you very much for your analysis and insight this morning.
And coming up on Morning Joe, we'll take a closer look at the framework trade deal the
US and China have agreed to and the impact it could have on American businesses and consumers.
Morning Joe, we'll be right back. 33 past the hour, Ukraine and Russia have carried out a prisoner swap.
It involved an unspecified number of sick and wounded troops and happened just hours
after Russia targeted Ukrainian cities with missile and drone strikes. Joining
us now from Kyiv is NBC News chief foreign correspondent Richard Engel.
Richard what more are we learning at this point? Good morning there were more
Russian attacks overnight against Ukrainian cities, more civilian
casualties according to local officials. There is still no ceasefire here. But after this
latest exchange of prisoners, there is renewed hope that there'll be more prisoner swaps.
Dozens of Ukrainian prisoners of war were freed in an exchange with Russia.
They were greeted to a hero's welcome at a hospital north of Kiev.
But they looked like the living dead, gaunt, heads shaven, their bodies broken and some
said beaten.
Oleksandr Kulkov told me he was a prisoner for over three years and that the Russians
broke his ribs.
If nothing was already broken, they would break it, he said.
Hundreds of families of missing Ukrainians tried to show the POWs photographs, hoping
one of them might have seen their lost father, son or brother.
Olga Serhich took had no luck jeez i'm happy for those who have been returned
but i'm so sorry my husband is not among them she said
but just a few feet away on your chest
couldn't contain her joy a prisoner saw her father
days ago said he's doing well this is the first information
yes first time you learn that your father is still alive.
How are you doing?
Oh, very, very, very.
Very exciting.
I can feel you squeezing my arm.
Wow.
A Russian official this morning said that Russia has handed over the bodies of fallen
Ukrainian soldiers, and Ukraine has confirmed that it received the remains of more than 1,000 of its troops.
Richard, meanwhile, President Zelensky, of course, has said that this is just the beginning
of what could be a very complicated and sensitive process beyond the prisoner exchange.
What are people in Kiev, officials in Kiev telling you about the American position at
the moment?
Because the understanding in Washington seems to be that President Trump is just really distancing himself from this
process.
So Ukrainians haven't washed their hands completely of the American negotiations, the American
mediating role.
There's frustration here.
There's no longer confidence among most Ukrainians among Ukrainian officials,
although they don't like to say it publicly in the the American role.
Most people here don't believe that President Trump is a fair and balanced
player here, that he has Ukraine's interests in mind.
But the Ukrainians are still dependent on American support.
And so they are still engaged
in this process.
And a Russian official just this morning said that a new round of negotiations is expected
to take place quite soon in Moscow.
So in the background, these negotiations are still ongoing.
But, Katya, I must say that the average Ukrainian has very little confidence that President
Trump is on this countryside.
NBC News chief foreign correspondent Richard Engel live this morning from Kyiv.
Richard, thanks so much.
United States and Chinese negotiators have agreed on a framework, at least, to get trade
negotiations back on track.
Commerce Secretary Howard Lutnick says the deal should result in restrictions on rare
earth minerals and magnets being resolved.
Both sides will now take their plan to President Trump and President Xi for approval.
Meanwhile, a federal appeals court has allowed President Trump's tariffs to remain in effect
while it reviews a lower court decision that said the president exceeded his authority in imposing
those tariffs. Let's bring in the anchor of CNBC's worldwide exchange, Frank Holland.
Frank, good morning.
So let's go back to China and the United States, that framework of a deal.
Is there some hope, at least, on Wall Street that this may result in an actual deal more
than a framework?
You know what?
I mean, hope springs eternal, of course, really, as you know, and good morning to you and everybody
back there.
But we are seeing a bit of a muted start to lower start on Wall Street. As many
investors, they may have already priced in some type of improvement in U.S.-China relations.
Of course, we did see what most people would consider progress with the quote unquote handshake
related to export controls on U.S. tech to China and rare earth exports to the U.S. from
China. We also got some level setting from China. And this is important. Their vice premier
and lead negotiator in these talks saying in part, China's not looking to fight,
but willing to fight if needed. Also saying that China is sincere in these negotiations,
but it also has principles. So I think a lot of people are going to spend some time kind
of reading between the lines of those comments. Of course, as you mentioned, a final deal
depends on President Trump and President Xi. So technically there still is some ways to
go here.
And also, as you mentioned, there's some other developments that can impact the U.S. markets.
Reportedly, the U.S. and Mexico, they're getting closer to a deal on tariffs.
Europe also telling the U.S. the July 9th deadline to reach some type of trade and tariff
deal.
In their mind, that's just a best case scenario.
It's just a best case scenario, not necessarily a deadline or a hard date that it has to happen.
And then as you also mentioned, the so-called retaliatory tariffs or Liberation Day tariffs,
those are still in place.
So yesterday I spoke with a former U.S. diplomat, and even they admitted they're having a hard
time keeping track of all these different trade and tariff developments.
They also said, and this is important, when it comes to China, they expect China to remain
strategic with the U.S. when it comes to rare earth exports to really set the tone when it comes to
negotiations and conversations going forward either pulling back those exports or allowing them as needed to send a message or
To show that they're you know in favor of some of the moves that the U.S. Is making and just for edification
I know you guys have probably talked about it rare earths are used in almost everything from cars to laptops to mobile phones
They also help create magnets for cars, which are very much needed.
And while they're relatively plentiful around the world, China at this moment manufactures
about 90% of them because many other countries, including the U.S., they block production
or make the process very difficult due to environmental concerns.
Also today, and this seems like a secondhand kind of thing, we have the CPI inflation report.
Inflation is forecasted to tick up very slightly.
I spoke with the chief investment officer of a Wall Street firm who says they're watching
this to see if this is possibly the start of inflation re-accelerating due to tariffs
or if it's just an outlier.
So a lot of questions today.
You anticipated my next question.
Very good, Frank.
You know, the general concern about these tariffs for a lot of people, among many, it
was that they were going to jack up prices down the road in here in the United States
they were going to cost consumers there were tax on consumers we'll learn more
when that report comes out today the consumer price index report a little
bit later this morning but so far have we seen the kind of inflation that
people were worried about and is that concern still out there that yes
eventually downstream that these tariffs could lead to high prices for people of inflation that people were worried about and is that concern still out there that yes,
eventually downstream that these tariffs could lead to high prices for people out buying
groceries? Well, we've seen it, but not necessarily in the hard data, CPI and PCE, those are really
the hard data that we look at, but we've seen it in different surveys where we hear in the
manufacturing sector that prices are going up, input costs are going up, which generally is
passed on to consumers.
In fact, we had one of the biggest aluminum producers
in the world on my show earlier today,
and they said the price of aluminum is going up
due to these aluminum and steel tariffs,
and they're gonna pass it along to customers.
They're not looking to absorb any of it
or very little of it.
And then we heard from other companies,
like a company that a lot of people know,
but you don't know by name, Train.
They build the American standard air conditioningits and other things like that.
They're kind of strategic.
They're passing on some of the costs when they can.
They're absorbing it when they can.
So if you're going to go buy an air conditioner, maybe it'll be a higher price due to those
tariffs.
So it just depends on the industry and the company how they're just trying to tackle
the situation when it comes to tariffs.
But certainly today's CPI report is going to be closely watched to see what areas we're seeing inflation
will it be in areas like shelter where you're not necessarily seeing the
impact of tariffs will be other areas like hard goods. All right CNBC's Frank
Collins. I'm gonna anticipate your other question really quick. Pacers and six.
Pacers and six. Pacers and six? Yeah. Wow. I wouldn't count them out as a Knicks fan I
see what they are capable of,
especially after they steal a game one where they were trailing by 15 points in
the first quarter. A familiar story. So not counting them out.
That next game is tonight in Indiana. All right, Frank, thanks so much.
Still ahead. We'll go through president Trump's rally style speech yesterday at
Fort Bragg in North Carolina.
He had those active duty troops booing the media,
booing his political opponents.
Also, we'll be joined by New York City Police
Department Commissioner Jessica Tisch
as her department responds to protests in this city now
over ICE operations and what she's learning
from what's happening in Los Angeles.
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Six straight pitches that have missed here for Cameron
Judge hits it high and deep and forget about it Aaron judge
pounding the gavel
For a two-run blast to the top of the first.
You know it's a big one when the cameraman cannot locate the ball.
That's the 24th home run of the year for Yankee captain Aaron Judge.
His longest of the season, 469 feet in the left field of the opening frame in Kansas City.
Setting the tone for the Yankees win on the road against Kansas City.
Austin Wells drove in five runs including three on
this home run had New York's lead in the fourth. Yankees beat the Royals 10 to 2 in Boston
after a rough debut on Monday. Prize Red Sox prospect Roman Anthony feel a little more
at home at Fenway last night. The 21 year old outfielder lining a two run double to
left in the first inning. That is his first big league hit.
First of many, which helped propel the Red Sox to a three one win over the Rays.
Anthony, now the youngest player in franchise history to record three or more
RBI's in his first two major league games.
We like what we see. Yes. This is the future.
For his age, just 21, amazing patience at the plate and amazing knowledge of the strike
zone.
I mean, some of the pitches he lets go, you say, oh, no, you've got to hit that, but no,
he gangs in there.
Really, really a mature player.
And this team, look, has underachieved to this point in the season.
They're not out of it.
There's a long way to go, all that.
That said, no matter what happens this year in the season. They're not out of it. There's a long way to go. All that.
That said, no matter what happens this year, the fact that there's the building blocks
here, three young stud prospects have all made the leap to the majors this year.
Anthony Meyer and Campbell.
There's a lot of excitement for Red Sox.
Even if this year doesn't go the way we want and we can't catch the juggernaut Yankees,
there's hope for the future.
Yeah.
I mean, he could also sometimes, we've seen it before, the way that guy carries himself.
Oh, yes.
Where he walks out onto the field.
He's a major leaguer.
There's a confidence, not arrogance, just a confidence.
Exactly right.
A big league ballplayer.
A mandatory mini-camps in the NFL are underway.
In Pittsburgh yesterday, 41-year-old quarterback Aaron Rodgers kicked off his 21st season at
the Steelers practice facility, spoke to reporters about his decision to sign a one year contract with the team.
I think it starts with Mike Tomlin and I've been a fan of his for a long time.
There's a few iconic franchises in the NFL. I played for one of them for 18 years. This is another one of those. I don't need it.
This is another one of those. I don't need it. For my ego, I don't need it to keep playing.
A lot of decisions that I've made over my career and life from strictly the ego,
even if they turn out well, are always unfulfilling.
But the decisions made from the soul are usually pretty fulfilling.
So this was a decision that was best for my soul.
And I felt like being here with Coach T and the guys they got here and the opportunity here was the best for me.
And I'm excited to be here.
And John, huge intrigue as we were just saying, the Steelers begin their season on the road against the Jets.
And as Aaron Rodgers was talking about the legendary franchise he played before, he was not referring to the Jets.
He was clearly talking about the Packers there.
This is a move that's been met with mixed feelings, shall we say. played before. He was not referring to the Jets. He was clearly talking about the Packers there.
This is a move that's been met with mixed feelings,
shall we say.
Rodgers, a lot of off the field baggage
that he's developed in recent years.
He's also, his plays really slipped.
So we'll see if he's still what he has next year.
But if you are the Steelers, you're in win-now mode.
You play in a very tough division.
They didn't have any alternatives.
It's worth
rolling the dice on Aaron Rodgers and his ayahuasca kids.
He's 41 years of age but he's not Tom Brady.
He's not and I do think that Brady sort of redefine expectations for what older quarterbacks
can do but most quarterbacks cannot do.
Brady's been the exception usually at 41 these guys are about done.
Brady's the one guy who kept going.
As you say, the Steelers didn't really have a quarterback, so take a chance on Aaron Rodgers. Why not?
We'll see. The NBA Finals resume tonight in Indianapolis. The Pacers set to host the Oklahoma City Thunder in Game 3.
The championship series is tied at one game apiece.
Ratings not great for this, but two really good teams. Fun to watch.
Halliburton fun to watch.
Obviously, SGA is fun to watch too.
Stealing that first game in Oklahoma City for the Pacers.
Massive.
Now they get a chance to get the upper hand at home.
Yeah.
The Nation not exactly a buzz over this series, but these are two really good teams.
And we should get used to seeing Oklahoma City Thunder on the stage.
They have the makings of what could have a real run here. Even dynasty-esque. But these are two really good teams. And we should get used to seeing Oklahoma City Thunder on this stage.
They have the makings of what could, of a real run here,
even dynasty-esque, only going to get better
in the years ahead.
And I think the scene in Indiana tonight
is going to be amazing.
Basketball, sort of the heartbeat of basketball
there in that state.
And yeah, I think if we heard Frank say Pacers and 6,
I'm going to go the other way.
I think the Thunder win it.
But this is going to be a long series, which
I didn't expect initially.
I thought it was going to be Thunder quick.
I now think we're going to get a long one.
You know, there are some tremendous athletes
on both of these teams.
Really extraordinary athletes.
If they were playing in my driveway,
I would not be out there watching.
Oh, come on.
I'd be watching a baseball game.
No, no, no.
They're great.
It's the third week in June.
They've got to end these playoffs series He's really hockey is just going to
game for I know in their NHL in the NHL have got to end
these seasons earlier they'll some of these long stretches
between the game. Yes, I have to know between which I guess
about it, which I guess is for TV purposes, but it really
kills momentum of the series is hard to get people into it we
are like Wednesday. It's a week from Friday.
Mike Barnacle will not watch you if you're in his driveway,
even if you're the best player in the NBA.
Come on down.