Hey BillOReilly.com Premium Members welcome to the No Spin News, Monday June 11th, 2018. Take your country back. 

I've got a lot to tell you. President Trump is in Singapore, as you know, with the North Korean dictator Kim Jong Un and you know we'll see, we'll see. But it's not a bad thing, there's no downside to going there to meet with Un and if they can get this guy to agree to deemphasize the nukes, it's a good thing. Now, you may have noticed that President Trump has developed a confrontational foreign policy, exactly the opposite of Barack Obama. Barack Obama wasn't really interested in what was happening abroad, you know, it wasn't that he didn't care, his top priority was income redistribution in the United States and changing the political landscape and social landscape of this country and you know, what was happening overseas he has to pay attention but he'd let Hillary do it, Kerry do it, he wasn't really engaged. Trump on the other hand is engaged. All right. Because he believes that the United States is getting hosed economically overseas and he's going to stop that and then he sees opportunities like North Korea where he can be the statesman. So well, I'm going to meld them both together here because the way that Donald Trump conducts foreign policy is that he's a bully, I mean I can't put it any other way, that's not necessarily a bad thing. Winston Churchill was a bully. 

All the heinous dictators were bullies, FDR behind the scenes was a bully but not in public. But Trump basically says look I'm the most powerful man in the world, I'm going to hit you hard if you go up against us and that's what you saw in Canada and Quebec, where Trump rolls into the G7 summit and here's what he's got in his sheet front of him, this is what Trump knows, that every year the United States is in a deficit with Canada by 18 billion dollars in trade, every year so Canada gets an $18 billion dollar benefit from doing business with us because the Canadian's slapped a tariff on dairy goods and other industries and there's a little slight hand they can do, 18 billion dollars. Mexico, $64 billion goes their way, 64 billion! All right China, $375 billion dollars a year. That's outrageous, Chinese have five times as many people as America has. And then the EU, currently the hot button, $100 billion a year. OK deficit, they get 100 billion dollars more benefit from trade than we get. 

So Trump goes in and he says look that's going to change. We need better deals and if you don't give them to us we're going to punish you and then if you give us any blowback we're going to mock you, Justin Trudeau, stabbed us in the back, you know that kind of thing. So, it's not like Trump is doing this behind closed doors, he's not. He's confronting all of the leaders and says, look if you don't do it our way or at least be reasonable then we're going to make you look bad but in the process and here's the real crux of the matter, the President looks bad, not to his supporters, not to people who know or like what he's doing, that is trying to get more investment into the United States, more money into manufacturing and service industries here, so people make more money and have more jobs. That is what he's trying to do, but the way he does it is confrontational. 

So it looks like he's just alienating everybody, the press that hates him basically says look! look at this madman he's destroying the United States. Even a guy like John McCain who should know better, says oh, ignore President Trump, we American people, we don't feel that way. Well look Senator McCain, I like you but I feel that way! I don't want a 375-billion-dollar trade deficit with China. I don't want the fix in, in Europe, that Germany can sell three or four times as many cars here as we even have on the showrooms in Germany. Come on. I don't want that. 

Now, if I were president, would I be using you know a club on Justin Trudeau? No I would not. I wouldn't do that. But behind the scenes I'd say listen Justin, you know it, I know it, take those tariffs off the dairy and we'll make a deal. The same thing with Mexico, we'll make a better deal where there is a more free flow of trade. So, we have a shot at getting more money into America. The EU, look to hammer his friend Macron and these people, not now, you do that as a last resort not a first resort, so I am criticizing Donald Trump on his presentation. 

Now, the rationale for the presentation was, look we can't let the EU push us around because we have to now do a high-level negotiation with North Korea about nuclear weapons. We can't let Justin Trudeau, who looks like he could have been a member of the Monkeys singing group, push around the President of the United States. That's the rationale from the White House. We got to call him out and send a message to Un, that we're serious people here, you don't do the right thing, we're going to punish you because the threats of terror from the United States will hurt Canada, Mexico and the EU, China and not as much but still it will hurt them, it will still hurt them. OK so that the message from the White House was look we're not letting these people push us around anymore. They pushed Obama around, they pushed Bush the younger around, Clinton was a whole different thing back then but you could see the trade deficits growing, growing, growing and Trump says look I'm not going to, I'm going to do it, I'm going to get it down as much as I can. And then China, they've already offered to buy 90 billion dollars a year more goods then they are, that's a pretty good starting point, I think it has got to get higher. But it's not a bad starting point.

So, so Trump goes into a snit in Quebec, bails early and refuses to sign the G7 statement that the economic outlook is bright or whatever statement they had, I didn't see it. But Trump is not signing it because he's mad at them and he doesn't think that they're being fair to the USA, thinks they are hurting Americans, it's a populist view, Trump supporters are going to like that view. I'm looking at it from what's best for the entire country and what's best for the entire country is get better trade deals but what's also best for the rest of the country, for the entire country is to bring it down a little President Trump, can't be at war with everybody, verbally. 

Now, in Singapore, which really commences at 9 p.m. Monday night East Coast time, OK they're 12 hours ahead of us here on the East Coast in Singapore. It's already agreed Pompeo of the secretary of state already knows what's going to happen, now that could change, Un could do anything or Trump could do anything but the framework of a deal has already been decided. How do I know that? Because today Pompeo comes out and says, you know things are looking pretty good, I expect a good outcome. He doesn't say that if he didn't have in front of him, the framework of a deal, plus Trump's not hanging around. he doesn't want to hang out with the little rocket man. They're not going surfing or scuba diving off the coast of Singapore. So, he's not hanging, he's going to give the little rocket man a few hours and Trump is out of there back here. 

Trump's not a big international guy, he doesn't like to spend a lot of time out of the country. I know that as a fact. So what do I expect? I expect that there's going to be some plan, plan and that it's going to make Donald Trump look good. And Un, you know, he'll get his worldwide publicity which is what he wants he's a big man, he's a big shot. And then within the framework of that plan, Un will be invited to the United States. It'll probably be at Mar a Largo. That's what I figure. I don't think Trump's going to put him in the White House. So maybe in October, November, Mar a Largo for the little rock man, he zips over. Apparently, he has trouble paying hotel bills so that Trump owns Mar a Largo, he can stay for free. OK so that's my outline but I might I know anything. 

So let's bring in a guy who does. 

John Glaser, is at the Cato Institute in Washington D.C. He's the director of foreign policy studies there. Am I making any mistakes, John? 

"Well I tend to disagree with you on the trade issue. I think that the importance of trade differences, differences in trade, trade deficits as they're called is not as important as people think. I mean if you put it down to the individual micro level I have a massive trade deficit with Amazon but it's a happy relationship, I get what I want, they get what they want which is my money and the same thing happens in international trade, if you raise tariffs and barriers to trade what you're gonna get is and I think we're seeing this from the other side, they're going to dig in their heels. I don't think Trump can strangle Canada and the rest of the G6, strong enough for tariffs that they bend to our will and have a lopsided trade deal. Trade is mutually beneficial and trade barriers merely raise the cost to American consumers in favor of just a few industries and favored corporations that benefit from subsidies and tariffs." 

Ok. 

"So, I don't think this is the right way to go and it goes against by the way, seven decades now of bipartisan consensus that free trade is good." 

Now, there is though the argument that I think is a valid argument that certain countries are taking advantage of us, that they are by stealth by sleight of hand by outright tariffs in Canada. They're not, it is not a level playing field, they benefit much more from their relationship with the USA than we benefit from them, would you cede that in the case of China and NAFTA, that's true?

"Look sometimes in international trade you get industries or pockets of employment that are going to suffer but it's easier to see the destruction as opposed to the gain, it is easier to see the broken window as it's often referred to." 

If it all comes to fruition, though, we don't know. This is, Trump is a bluster guy, you know that. 

"Right." 

Takes the hand grenade, and he throws the hand grenade but maybe the hand grenade is not going to go off. OK. So we don't know. We don't know yet but he points and I think rightly to, Bush the younger and Obama, who did nothing, who let this unbelievable trade deficit with China for example, and theft of intellectual property by the Chinese, get so far out of control that Trump made it a campaign issue. So, why don't we wait and see how pernicious the tariff war becomes but in the meantime the goal of better trade for the United States, isn't that a good goal? 

"Well the goal I think, better trade means free trade, lower barriers to trade, lower tariffs. I think that's the lesson of NAFTA, Trump hates NAFTA for a lot of reasons that I don't think are based in fact. NAFTA has been beneficial to all the parties concerned considerably, roughly 9 in 10 Americans have a better standard of living than the global middle income average." 

But if you, if you have Mexico with a 64-billion-dollar advantage in trade over the United States, yeah, it's beneficial to Mexico. 

"And it's beneficial to us." 

You think even with the 64 billion in their favor it works for us? Why couldn't it be 30? 

"Because trade is mutually beneficial when two parties engage in trade one gets one thing and the other gets the other thing and it's only happens because both parties want to engage in it. The fact that we have a trade deficit, I don't think is that harmful, again unemployment is at roughly 4 percent its historic lows, the economy is kind of spinning along seemingly OK, I don't think that we need to start a trade war which will damage the economies of us and our allies." 

All right. We'll see how far he goes with it. But the goal is to get the salaries up, to get the manufacturing back on track like the cars which I think is just outrageous in Germany, with the car situation. I think that's outrageous. 

"But it used to be a conservative principle that the government stays out of price regulation." 

Trump's not a conservative, there's nothing conservative about him except for the flag and the national anthem, come on everybody knows that. Now, I just want to point out that Trump has the power to impose tariffs, unilaterally without anybody's approval because of the Trade Act of 1974. However, the tariffs can only last for 150 days, I did not know that and then Congress would have to get in and approve the tariffs so that Trump does not have unlimited power here but he certainly going in the direction of I'm going to threaten these people and I hope they give us a better deal. 

"Yeah, there is a wide latitude. I'll just point out quickly that Trump has kind of publicly admitted that the national security justification he's using in order to conform with that law from the 70s, that you referenced, is kind of BS." 

Sure. 

"And he doesn't actually believe in it, he's just using it." 

He's just using it. 

"That's pretty problematic I think." 

In court, they'd have to side with the executive power because he could say, look you have to have a reason for imposing the tariffs and lost jobs or not as many jobs available could qualify as a national security matter. That's the argument the White House lawyers are going to make. 

Let's go to let's go to Singapore. So, I'm relatively optimistic that this meeting, which will be short, will then say, OK we've got a framework to deemphasize nuclear weapons in North Korea and then the little rock man is going to come here and we'll nail it down. Is that how you see it? 

"Well, I'm glad that the summit is happening. Talking face to face is obviously better than the kind of bluster across oceans and across Twitter that we saw in the past. I'm, I what I hope for this situation is that the U.S. side lowers its expectations because this idea that we're going to get complete capitulation from Pyongyang in immediate certifiable is verifiable denuclearization across the board immediately in exchange for no concessions on our side until they come through, I think is not going to work out. If we lower our expectations and say I think what you said is right, this is a beginning to a long process, a framework for talks down the line, where we can get into the details and come to some sort of agreement. That's what I hope." 

The United States is going to guarantee some kind of security and economic well-being for North Korea. But what's really going to happen is that, and it's already happened, messages are going to be sent to the Little Rocket Man saying look you know what it's going to be good for you personally, so you open a little bank account in Switzerland in the Cayman Islands and you can, you can really benefit from this, we're going to do a lot of things to help you out, just as they did in Iran just as the Mullahs got paid off. I think it's the same thing and I think that's what's driving it right now. 

"So the only thing I'm worried about is the trust issue. There's a lot of distrust between these two countries and you know you mentioned Iran, yes Iran, got or was supposed to get economic benefits from complying with the JCPOA, negotiated under Obama, Trump withdrew from that deal and is about to sanction European countries for doing business in Iran despite the fact that they agreed to..." 

But the mullahs already got about a billion dollars, they get 400 million from directly from Obama flown over there in cash and a lot of people say how could he do that? Obama has the power to do that. 

"Think about the signal that says to Pyongyang, are they going to be able to trust that the security guarantees that the United States might offer, that the economic benefit that the United States might offer in return for the concession of a nuclear program is going to stick? And that Trump won't back track." 

It's all about China, it's all about China. You know that, I mean China is going to guarantee North Korea's survival and behind the scenes Chinese, that's why Un went to China. You know they pulled him aside and say, look, come on, knock it off, cooperate let's get everything going, it's good for business for everybody and that's what's going on. I do think, I do believe this is going to work out in the short term, you may be right in the long term, could blow up. Pardon the pun and we really appreciate it, John. Thank you for taking the time help us out today. 

"Thanks so much." 

OK. A couple of other things on this front as I mentioned the Iranian payments, I've had a lot of mail on it, President Obama had the power to send cash over to Tehran to the mullahs because the original sanctions against Iran in 1981 the United States froze 12 billion dollars of assets in the USA, in banks here and said to the mullahs, hey you took hostages, American hostages were keeping your money, so after they made the deal that those sanctions were off and Obama just paid them back with interest, all of this money and that's why they got the suitcases. But now as John said, Trump has withdrawn from that deal. But the mullahs got most of the money. They were awash in cash. 

All right. New poll Rasmussen asked you, but I bet you they didn't call you but you in the sense of American, the American public, a thousand adults, 'are you proud to be an American?' Eighty five percent say yes, 97 percent of Republicans say they're proud to be Americans, 82 percent of Democrats, 79 percent of independents. That independent number, I'm an independent, registered independent, that surprised me a little bit. Twenty one percent of independents not proud to be an American. So that is interesting.

Fox poll Trump's approval rating, job approval rating better than Ronald Reagan and Barack Obama at the same time in their administrations. So President Trump job approval, what is it about 16 months in, 45%, President Obama 44, President Reagan 44 dead heat but you've got to remember something, unlike President Obama and President Reagan who were both cautious men, cautious men, read Killing Reagan and Ronald Reagan was very cautious. All right. Donald Trump's approval could go down 15 points overnight because he's so flamboyant but it's inching up because Americans like the economy. 

Tomorrow, Devon Nunes, who's the chairman of the House Intelligence Committee, says that the FBI has to provide documents about the spy or informant. Take your pick. They, the agency injected in the Trump campaign, you know all about it. All right. The spy's name is Stefan Halper, Brit, University of Cambridge Professor. No, I think, Halper is an American but he was teaching over there. So, he went into the Trump campaign Mr. Halper, trying to find out about the Russia thing. So, Nunes the House Intel Committee wants to know, what the FBI's mandate was, what did they tell Halper, do you spy or you just find out what's going on. Now, spy as we, an informant is somebody who goes in, listens to conversations and reports back, wrongdoing. A spy actively ferrets out wrongdoing, it's a much more intense thing than an informant. So anyway, will the FBI hand these over, the Justice Department hand these over? Probably not. Rosenstein doesn't want those out, but you know we'll follow it.

And finally, in the silly-stupid category Robert De Niro, the Tony Awards comes out and does this, roll it. 

"I'm going to say one thing, **** Trump!

*Applause*. 

"It's no longer down with Trump, it is **** Trump!"

Immature. All right. Unnecessary. Smug. Arrogant. And the people in the audience you know, look this is in Manhattan, it's the theater industry ultra uber left industry, can't get more left wing. What are they going to do? De Niro comes out, cheap shots all right, this is America. All right, he can do what he wants. I met De Niro once at a benefit for the Robert Kennedy Foundation, you know, let me just say he is unimpressive in person. I don't believe that he could stand for an interview with me and last two minutes. You know he's a grandstander and that's what he does. This is America they can do what they want but it was immature. 

Mail isn't, mail is good. OK.

Jeanne. 

"Bill did you say Putin was going to pay Un money to denuclearize North Korea?" 

No, I didn't. I said Putin, visited, you know, they sent, the Russians sent their foreign minister over to talk to the little rocket man, I said Putin himself got a lot of money for making deals all over the globe. 

David on the message board. 

"You almost choke when you suggest that Trump be humble when he goes a G7 summit, Trump doesn't do humble." 

But it might be good if he did, a little bit, not a lot, might be good. 

Steve Baucus. Tewksbury, Massachusetts.

"My question is, do you think the Mueller special prosecutors will have to find something to justify spending 17 million?" 

Yes, I do. But they're going to have to have something to back it up. If it's another Scooter Libby, it's going to be bloody in this country. Got to have something. 

Chrissy Ross. Cortland, Ohio.

"I just read your solution to the dreamer problem and love it. Very fair, that if the dreamers put in some time assisting the country they want to make their home and stay out of trouble then we should help them a bit."

OK. Now I have my dreamer proposal, it's on BillOReilly.com. You can read it, I think it's interesting. 

Ronald Wersing. Havre De Grace, Maryland.

"Regarding your DACA solution, it does nothing to inhibit others with children from illegally jumping the border." 

That's never going to stop. OK. We have to be fair minded to people who are here, through no fault of their own, children don't have a say in it. But along with the DACA proposal goes the wall, I want the wall and a very strict border policy for adults you know, it should be a felony try to sneak in here, a felony. 

Joanne Mace. Glendale, Arizona. 

"I'm still torn about DACA what happens to the parents who brought their children illegally?" 

Their status does not change, If they're here illegally then they have to go through the process and they can be deported. 

Every time I do this broadcast from Manhattan, we have sirens every single day. It's like Escape from New York, the movie Escape From New York, Snake Plissken. Every day. 

Roberta. 

"I like your idea of making use of military bases to house illegal immigrants or children so they can stay together." 

That is the solution to it. There are a lot of military bases that housing is not being used, we can do that. 

Flavia Bosas. Wappingers Falls, New York. 

"Bill, read your column concerning DACA. Maybe, it would be a great idea for you to contact Paul Ryan with your ideas." 

Look they know Ryan and McConnell all know how I feel, they don't care. Politics is politics. I mean it is not like they are on a mission. They're on a mission. If they were then Kate's Law would have been passed a long time ago. Mitch McConnell himself derailed that. 

Pattie Vanel. Lubbock, Texas. 

"The news snooze, your column is absolutely true and I laughed all the way through." 

I hope you were laughing with me, the news snooze, one of my favorite columns, posted right now and BillOReilly.com. We hope you check it out. 

Solomon Cholula. Australia. 

"Bill, I have been a member of your podcast for more than a year, before that I was a big factor fan, I remember your debates with Charles Krauthammer as the best on TV. I was hoping to see him but now we have the bad news about Charles." 

You know Charles, I tweeted and I hope you follow our tweets @BillOReilly, probably the best guest I've ever had on a factor, and the back and forth between Charles and I, because we didn't agree on everything. And he was challenged and he wasn't challenge on special report because that wasn't the format, Charles got to say what he wanted to say uninterrupted, here, he was challenged. It was great TV and I knew Charles was ill, you know I knew it and he's a great man, Charles Krauthammer.

Sherie. 

"Great podcast I enjoy the conversation with Stephen Calabresi and I wonder if liberals subscribe to your show?" 

Everybody watches. Anybody who pays the small tariff and it is small for what you get, I think, can watch, we don't we don't have an ideology test. 

J. Myers. Eastville, California. 

"Why is the FBI and the Department of Justice not willing to come out and admit responsibility for the failures of Comey, McCabe and Lynch etc.?" 

Because they don't want to ruin the agency. You can ruin an agency, the IRS is a good example, IRS is ruined in this country. They don't want to ruin the FBI, that's why they are holding back so much stuff and failing to condemn. 

Dale Hawesville. Topeka, Kansas. 

"I'm re-reading Killing England, I learned so much about our country's founding, I preordered Killing the SS, can't wait. I have all your other Killing books. My question is, if England had relaxed many of the various taxes that they were imposing on the colonies and granted representation in the parliament, is there any possibility of colonies remaining under British rule.?" 

Absolutely. The American Revolution would have been postponed by about I don't know 40-50 years, in that range. Absolutely, those colonist would have stayed under British rule because 50 percent of the people didn't want to break away even after all the tariffs and taxes, so the British blew it. 

But I'm glad you like Killing England, one of my favorite books. 

Charles White. Perryville, Maryland. 

Just received my free gift after renewing BillOReilly.com membership and I have to say the No Spin Dad coffee mug is a quality product." 

We try to make all of our products that way, Charles. Happy Father's Day to you. 

James Cook. Sunnyside, New York. 

Listen to the podcasts daily, know it's a source of clear honest and unbiased commentary. I also enjoy Holly the corgi. Can you please make Holly the official mascot of BillOReilly.com?". 

She's already the official mascot, Holly's a big Twitter star @BillOReilly, big Twitter star. So, Hollys living large now. Good dog. 

Okay now here's a gift idea for Father's Day, make a donation to the IndependenceFund.org for the track wheelchairs, for the wounded vets in your dad or grandfather's name, because we have a donor that's going to match all donations IndependenceFund.org until July 4th. So, whatever you give is doubled. In addition to that give dad or granddad a Concierge Membership to BOR.com. That's going great, a lot of people signed up and you get direct access to me, you can ask me questions about policy about the country about history, no personal or financial. But you have access to me and I'll answer them right to you. Not like the mail to everybody just right to you. All right so that's Concierge Service, if you're a Premium Member and you have to be if you're watching this, very inexpensive. 

OK. Take your country back hats and bumper stickers available for Father's Day, got to get the orders in today. All right and the great No Spin Dad polo shirt. There it is, excellent, I'm going to wear it tomorrow, the No Spin Dad polo for Father's Day. 

Word of the day when writing to BillOReilly.com. Do not be a coxcomb, excellent word you don't hear it around but it is a legitimate word. Look it up you'll never forget it as the good sisters of Notre Dame used to say to me, William look it up and you won't forget it. Thanks for being Premium Members. See you again tomorrow.