see what they faced with those cliffs, it just makes it -- makes you recognize their service even more, more meaningfully. charlotte jurgens, thank you so much. thank you for being with us. that does it for this edition of "andrea mitchell reports." remember, follow us online, on facebook, on twitter. chuck todd with mtp daily starts right now. thursday, inflation is soaring and the threat of even higher prices as workers and the white house a bit on edge. can president biden tame a two-headed monster of economic uncertainty and political unrest? plus, we'll speak with the leader of the congressional progressive caucus, congresswoman pramila jayapal. and later, update on the double homicide trial of kyle rittenhouse, the day after his dramatic testimony in court, closing arguments are ahead as
the threat of a mistrial continues to hang over the trial. ♪♪ welcome to meet the press daily i'm chuck todd in los angeles. meet the press film festival later today. we're excited. happy veterans day to all our veterans out there as leaders in washington and beyond honor our heroes in uniform. we'll show you some of those ceremonies coming up. but we're going to begin with a major challenge facing this white house and democrats beyond the already sour political environment facing this president. he's facing the prospect of souring economic environment or at least a perceived one for many, everyday workers and voters. yesterday's inflation report which showed that consumer prices are rising at rates not seen in three decades is reverberating through the head looinls and for good reason because it erased most of the wage gains workers made over the last year.
essentially wiping out -- wiped out by rising costs for basic goods. you can't help but wonder is this an upward cyclical, higher wages, higher prices, you get the drift. white house knows this is a big economic and political problem, but they don't have a lot of leverage to pull. >> everything from a gallon of gas to a lope of bread costs more and it's worworrisome. jobs are up, wages are up, values are up and savings are up, but we have problems too. many people remain unsettled about the economy and we all know why. they see higher prices. they go to the store, online or can't -- they go to the store or go online and can't find what they always want and when they want it. we're tracking these issues, trying to figure out how to tackle them head on. people are feeling it. they're feeling it. did you ever think you would pay this for for a gallon of gas. in some parts of california
paying $4.50 a gallon. that's why it's important to stabilize the supply chain. >> actually i saw prices already today over $5 out here in southern california. now, some experts say there is not all that much the white house can do in the near term to address the root of the problem and the supply chain issues that aring a revating it. this is a global issue, by the way. but politically speaking, they have to look like they're doing something and doing something fast. voters are signaling they lost patience with democrats and economic issues and maybe they're being punished for the being the party in power. economy was the most important issue in virginia and helped propel glenn youngkin to victory there. president biden's approval rating on the economy is essentially gone down as fast as approval rating overall. pretty much the same number these days. voters don't trust the democratic party right now on this issue as they had an advantage, though for nearly a decade. this comes as the president is trying to sell 1.2 trillion infrastructure bill which he will sign on monday and comes as his party is trying to reassure
anxious moderates particularly joe manchin on the social spending package. what it means for the democrats short-term and long-term is where we begin the show today. mon karks i will start with you. mark put it well, this is a very tricky situation for the white house. one of the reasons inflation is a problem is that there are other parts of the economy going well, wages are higher. there are -- so that certainly has some tug and we knew that companies would do this as they raised wages, they try to pass on those rising wages on to their products themselves. throw in the supply chain issues. other than feeling the pain of the voter, does the white house have any tools in their tool box here? >> that's the challenge, chuck.
this is politically precarious and we got a sense of that yesterday from the white house chief of staff who admitted, look, this is not any kind of a mission accomplished moment. we won't take this victory lap on infrastructure because we know and acknowledge the pain points that many americans are feeling when it comes to these rising prices and of course these inflation numbers that are now such a problem and a political headache for the white house, which the president himself acknowledged. he did have that sympathetic tone yesterday. and it was notable that at the event where he was supposed to be taking a pretty pure victory lap on this legislative victory, it was clouded, it was a bit overshadowed by what had just come out on those inflation numbers. and that is something the white house says, look, we need to acknowledge frankly. we're not going to be able to spin our way out of that. it's an issue. it's a challenge. it is one where the white house is trying to say, but it's bigger than anything one president can do. that he can't necessarily flip a switch and make this better in the short term.
the way they're arguing it is that by things like the infrastructure package, there are $17 billion allocated to helping ports in the immediate sense. they feel like again they're tying this to the supply chain disruption. these things are related. so if they can help to alleviate a little of the bottleneck there, the white house says okay that's one lever, that's one tool at our disposal that they are going to use but they acknowledge it's not something they feel they can fix in the short-term. this infrastructure package, let's remember, it's not about helping people necessarily in the immediate, it's about a major investment over a decade. so this is not the band aid for that. the white house and the president acknowledge that. they know it's going to be tough. and they acknowledge that this was a signal that voters sent last week in those democratic losses, which we saw in, of course, places like virginia and they know that that is something that they are going to continue to express, so that's why they want to try to contextualize it by making more arguments about their economic agenda knowing again there's nothing they d do
in the immediate and this will take a while before these things stabilize. >> monica, there's a few things they can try. okay? and i'm curious if they're going to try. look, gas prices is the most symbolic way that people decide whether prices are going up or down. we know this. and it frustrates many political strategists. it is just the facts. gas prices can be the trigger for this as far as a narrative is concerned. is there any -- we've heard they're considering releasing some of the strategic oil reserve as an attempt to flood the market, lower the price. what about brow beating opec and saudi arabia? we know what the previous occupant would be doing right now. >> and the president has come under a lot of pressure to say where he is on that. it's something he quite frankly will not commit to. he'll say we're studying it, looking at it and i'm not going to get ahead of it. they do feel, you're right, chuck, something of an option they could exercise as a little on the back burner but has its own risk and issue because they don't want to necessarily do
that and then risk what happens after that. so, they are looking at it but they are very, very hesitant to say that that's what they're going to do. instead, they're going to argue these other things could help in the short-term with job creation, with again the build back better plan. they're going to continue to make this. but chuck, this is the broader issue. this is more about messaging where people are saying what can you do to help me. they're a little bit more focussed on how can we try to signal to the american people that help is on the way, even if it's not coming tomorrow to your gas station or to your pocketbook. >> right. monica alba at the white house. monica, thank you. let me move to garrett on capitol hill brings us to the bring back better piece of the agenda. joe manchin linked inflation to his concerns about this bill. there is certainly plenty of evidence that suggests this wouldn't actually have much of an impact on the problems we're dealing with today. but that doesn't change joe manchin's mind. where are we? how concerned are democrats that
this could set back their ability to get an agreement here perhaps now weeks or even months? >> well, the good news for democrats is that joe manchin's concerns about inflation have been his concerns for months now. this is not surprising. it caught no one off guard yesterday when manchin tweeted about his concerns seeing these numbers. his -- he has said to anyone who will listen for quite some time that inflation has been his primary concern in advancing this package it's a big part of the reason it's $1.75 trillion package instead of $3.5 trillion package. there's some argument the inflation concern is priced into the bill as it exists right now. but everyday that passes between the rollout of that framework the passing of the rule, if you like, as the marker on the hose side until they vote is a day that he can shift. they're trying to lobby manchin,
quite publicly, arguing if he's that concerned about inflation the thing he should do is kill this bill. democrats are pushing back just as publicly saying the things in here that would lower prescription drug costs or potentially the costs of childcare could have a downward affect on inflation, but expect that to be a rhetorical battleground pretty significant one come next week when the senate is back. >> you know, garrett, there's been an argument larry somers argues this that really if there was one policy that did have an impact on inflation it was the covid relief bill being too big and too quick essentially. and that that had an impact on inflation. how many people on capitol hill on the democratic side of the aisle share that concern? >> well, publicly probably just about none. but this is the reality of the differences in how these bills are structured where you have the direct relief payments to folks. you have the child tax credit, these were direct financial stimulus in the rescue package
that kind of thing won't exist in the 3. -- or 1.75 trillion build back better except for the child tax credits for up to a year. you're looking at two different things here. that money is out and it's been spent and as far as democrats are concerned they have to move on from that argument. >> for sure. garrett, thank you. >> jim, before you were on the white house beat, you've been on the economic beat for quite some time, and so i think you're as good as anybody in mixing the politics and policy here. so, if i understand the white house is on the defensive. what is the solution, though? nobody likes the potential solutions to an inflation issue. raising interest rates, not going to be popular. we know what the stock market would say with that. raising taxes, i'm guessing republicans don't want to do that. or lower wages. like, there is no -- if you don't -- if you're trying to do something about inflation, some
of the tools to deal with it are extraordinarily unpopular. >> well, and you know the federal reserve would be the one that makes the decision about interest rates. but the president certainly does not dislike what's happening with wages right now. quite the opposite. he and his economic team really like this wage pressure that's built up, the bargaining power that workers have to ask for more. they're just still kind of hoping right now that that bargaining power doesn't turn into this spiral you talked about at the top of the show where prices go up, wages go up and we start to see the kind of run away inflation that we saw in the '70ed which we're nowhere close to yet right now. i think the brutal politics is they don't have a lot of options. they've known that for a long time. a group of the president's advisers have been worried about inflation since before he took office. they always knew these were a potential problem set they could face, but now that they are in a admittedly much worse situation than they expected to be in, what they are finding is they don't have a bunch of quick, big
levers they can pull to make things better. >> so let me ask you this, you've covered the fed in your day. i mean, the fed they've been -- they're still buying paper, right? they're still in some ways infusing the markets with more cash. is that our bigger problem here? >> well, there's going to be more pressure on the fed, obviously, to start moving off of this sort of extraordinary monetary policy to stimulate the economy. that's already building. but it's interesting. the biggest problem right now is not that there's too much money sloshing around the economy. it's that people are spending it on a very narrow batch of things. you know, if we were just sort of back to our consumption patterns or before the pandemic where we were eating out a lot and traveling a lot, it wouldn't be that big of an issue. the problem is we all decided to replace our furniture at the same time. so everybody wants goods now. and it's that soaring spending on goods that has clogged the supply chains, pushed up a lot
of those prices. >> so, at the end of the day, if they're going to try to have a political solution to this, it is doing a lot of events at ports and maybe trying to do some something on gas prices, right, whether it's release a little bit of the strategic oil reserve or frankly just brow beat saudi arabia can be good politics though it may not solve our problem. >> right. the president was pushing energy-producing countries at the g20 summit in rome to amp up production. obviously that hasn't come to any fruition yet. but that's going to be the strategy. you know, there are things they could do. they could take the tariffs off coming in from china to take the reduce of products. i don't get that's on the table in response to the supply chain issue. they don't have like you were saying a large amount of things they could do to make a huge difference right away. >> is there anything that slightly changes in build back better, for instance, you know, when the tax hikes go in, when
this -- i mean, do we sense that manchin will make -- will sort of force some small changes there? >> he could. he could force some pearing back of the bill. that's something the white house has been sort of dealing with for months now and has been bracing for in the very, very end of the end game from him. there are questions about exactly how fast the money gets out the door, how fast the tax hikes start to hit to offset it. the one thing that he's going to insist on that moderate democrats in the house are insisting on is that by the congressional budget office's accounting this thing is totally paid for. and so, i think you're -- that will be the big rush to reassure those moderates -- >> yeah. >> -- from the white house is, hey, look, we're going to get a score that says this is fully paid for and use that as a reason to argue it's not going to add to inflation. >> well, the question will be does manchin or others insist on actual deficit reduction, but that would mean increasing perhaps even more on the tax
front. jim tankersley white house correspondent for the times. thank you, sir. coming up, new reporting about how a few democrats banded together to break the impasse, get that bipartisan infrastructure bill pass and progressives leader in the negotiations congresswoman pramila jayapaljayapal. later, trump's lawyers trying to halt. you're watching "meet the press daily." ♪♪ right ♪ ♪ have a good time 'cause it's all right ♪ ♪ now listen to the beat ♪ ♪ kinda pat your feet ♪ ♪ it's all right ♪ ♪ have a good time 'cause it's all right ♪ ♪ oh, it's all right ♪ there's a different way to treat hiv.
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welcome back. turning to capitol hill as both chambers gear up for votes on the president's 1.75 -- we think that's going to be the price. trillion dollar build back better plan. joe manchin is expressing congress is not doing enough to tackle inflation. grocery store to gas pump americans people know the inflation is real. d.c. can no longer ignore the
economic pain americans feel everyday. so what does this mean for the fate of the white house agenda in kochk. joining me now is washington democratic congresswoman pramila jayapal. congress woman, let me start there. joe manchin is referring to the inflation issue an inflation tax. what do you see and what do you tell your constituents? on one hand wages are up and on the other hand cost of living is up. >> well, chuck, that's exactly right. i mean, that is what we're hearing from my constituents. they're not talking about inflation, by the way. they're talking about, hey, i don't have enough money in my budget to pay for the things i need to pay for. and the reason i say it that way is because it's really important to understand that if you're on a fixed budget, as many people are, as i have been in my life, then what you're always trying to do is balance what you have to spend with what you have in that budget. the way that we can fix that immediately while the supply chain issues are being worked
out, while the economy recovers from covid and the worst economic downturn we have seen in recent history is we can actually help families cut their costs. how do we do that? we pass the build back better act, we cut childcare costs in half by assuring that no family is going to pay more than 7%. we ensure that pre-k is provided for 3 and 4-year-olds. we cut the cost of pharmaceutical drugs so that people can actually pay less for their healthcare. those are the things that are going to immediately affect people's pocketbooks. and that is why it is so important to pass the build back better act, which i think is, you know, is actually going to help people survive through this time of recovery. let's be clear, it is going to take time to recover. we knew that. we have made tremendous progress on covid. but my families are telling me, look, i still don't have childcare. my kids are just starting to get vaccinated and go back to
school. that's the uncertainty that families are living with. and we have to respond by cutting their costs, which is exactly what we do in build back better. >> look, i'm curious with -- because of joe manchin's concerns on this, is there -- are you open to retooling some parts of build back better that -- because i know the way it would work, the first couple years it might be some deficit spending and then as it sort of works its way through it eventually gets paid for. do you imagine that that becomes part of the conversation with senator manchin and moderates who are concerned about adding anything that could increase inflation? i mean, i've seen one study now that the way build back better is written as it's written right now, it would have a small inflationary impact in the first few years. >> well, look, if people were worried about deficit spending, then they probably shouldn't have voted for the infrastructure bill because that did increase the deficit slightly. the reality is we've been negotiating build back better
for many months. it will be paid for completely. the agreement that we made with my six colleagues in the house that were waiting for some additional fiscal information, not a cbo score, chuck, i want to make sure you know that but actually just some fiscal information so they could look at it, make sure that it matched up with what the jct the joint committee on tax asian and the white house provided to them around the costs of some of these investments we're making and the revenues we're going to get back the minute that those generally match up, but no later than next week, these six are going to vote for this bill and we're going to pass it through. everyone has been talking about how important it is for our constituents. what they do in the senate should be everything -- almost everything in the bill was pre-conferenced. there were one or two things that were not yet totally agreed to. those should be the only things left on the table and get it passed and deliver for the american people. >> you have any regrets for decoupling? you didn't want to decouple the two bills for fears moderates
could walk away. this is the type of sort of news event that could come in and sort of up end things. any regrets on decoupling and agreeing to decouple and letting the infrastructure bill pass? >> i don't have regrets. do i wish that we could have passed both bills and do i wish that the six democrats that didn't want to vote for it, you know, suddenly at the last minute said they wouldn't vote for build back better had not done that, of course. i wish we could have passed them both, but i will tell you we got the next best thing which is we were able to actually, number one, deliver the votes for the infrastructure bill. would not have happened without progressive vote. we had to make that choice at the last minute. but also number two, that we got in spite of all the pressure raining down on us to just get it passed, get the votes done, what we did is we held out so that we could get a very clear agreement from the six that ten days later we would pass the build back better act through
the house. so, i always say, chuck, that negotiations and you know this, negotiations are always changing, right? they change with the conditions on the ground. and what you have to do is be creative enough to put a solution on the table that may not have been on the table before, that will still get you to the goal that you are pushing for. our goal was to pass build back better through the house. i'm very confident we will do that next week. >> is there anything you think the administration or you in congress should attempt to do to alleviate the gas price pain temporarily? >> well, i know i was listening to your segment. i know the administration is looking at all the options on the table. but again, i want to say that it isn't -- the gas price is an indication for families of other things that they are feeling. it isn't really that you have to reduce the gas price. what you have to do is reduce the cost for families so that they can manage. now, we just cannot over --
gloss over the fact that wages have also risen. the actual impact that people are feeling is real but it is also smaller. it's the fear that people have. so, what can we do to alleviate that fear and any increase that they are seeing? it doesn't have to be through lowering gas prices. that's what i'm saying with build back better. if we lower costs, that's what a family is looking at. that's what my families are saying, look, the gas is one thing, but if i can get my childcare paid for, heck, i'm in. you know? i'm good for that. so, that's i think how we should be looking at it. sometimes the economic views of inflation or, you know, massive rises in inflation, that's not really how people experience things on the ground. i just think that's important to keep in mind. >> i haven't talked to you since the election. i'm curious about a local result. seattle city attorney, a republican won. but i think it's less about republican versus democrat. but the person that the republican defeated was
basically a police abolitionist, is one way one would describe the candidate there. what lesson do you take away from this as a progressive? and what should democrats learn anything from what happened in seattle? >> you know, i think that this is complicated. we in congress were trying to pass and we did pass through the house the george floyd justice in policing act. i don't think we can continue to turn our eyes away from the lack of accountability that law enforcement must have as these shootings of black and brown people across the country continue. and you know, i think where i was watching the kyle rittenhouse trial. i think the reality is black communities in particular feel that nobody has been paying attention to what they go through everyday and the fear they experience everyday. so, the george floyd justice in policing act was a way that we could take that on and actually
also fund not only ban no-knock warrants and choke holds and all of those other things that have been used that we've seen on it have but fund community-based efforts that would allow communities to come together and actually put together a plan where everyone is safe. everyone should be safe, chuck. a black person walking down the street should not be running away from law enforcement. and so, that's what we have to get to. that's still the lesson i take. and to me, it's about let's get congress to be able to weigh in. let's get the senate to -- if not eliminate, at least reform the filibuster so we can get some of these bills passed and actually bring accountability and community safety to everybody across our country. >> congresswoman, i thought it was interesting you did not -- you made it clear -- you didn't -- let me try to get clarity here. sounds like you think you don't think it's good if democrats come across as anti-police. this is about reform, not
getting rid of. do you think that's been lost in some of this narrative n some of this debate? >> i think people just focus on one narrative. and i think right sizing the police forces, bringing accountability to the police forces, thinking about, you know, what does -- what's standing in the way of accountability, what has law enforcement learned about what's okay that shouldn't be okay. those are all the things that i think have to be addressed. and so, is it the case that every law enforcement agency should be responding to every person who is houseless on the street? you know, the social services that are needed, could those be done from somewhere else? that's not about defunding. that's about right funding. right sizing. and so i think that that gets lost because there are slogans out there that, you know, are trying to really -- that end up pitting us against each other and a lot of people trying to do that. so that's the way i've always thought about it is how do we
provide community safety for everybody and how do we make sure that there's real accountability in a law enforcement, chuck, that has not had it and we keep watching these videos on the television screen and there are so many we don't see and yet there still isn't justice for black people who, you know, who have a knee on their neck for 8 minutes. that just can't be the case anymore. >> interesting phrase there right sizing. i have a feeling that's something that many people would gravitate towards. congress woman pramila jayapal, democrat from seattle, washington, chair of the progressive caucus. as always, thank you. >> thank you, chuck. up next, we're going to go live to kenosha, wisconsin, with the latest of kyle rittenhouse trial. dramatic confrontations yesterday. you're watching "meet the press daily." st. that's how we've become the leader in 5g and a partner who delivers exceptional customer
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♪♪ dad, why didn't you answer your phone? ♪♪ your mother loved this park. ♪♪ she did. ♪♪ welcome back. the trial of kyle rittenhouse in kenosha, wisconsin, just took a lunch break and smooufing towards closing arguments as the defense quickly runs through their list of witnesses. today the trial turned back to expert witnesses after rittenhouse took the stand yesterday. testifying in his own defense about the circumstances around his killing two people and injuring another during unrest in kenosha last august. rittenhouse faces multiple homicide charges. arguments between the judge, defense and prosecution also continued today after heated exchanges yesterday during the prosecution's cross-examination
of rittenhouse. our own megan fitzgerald is following from kenosha. what was hanging in the air yesterday was a potential mistrial situation. where are we on that? and where do things stand? >> reporter: yeah, chuck. that's the big question that we all want to know. when and how will the judge rule on the defense's motion for a mistrial with prejudice. and if the judge rules in favor of the defense, kyle rittenhouse will not have to stand trial again. he's not made mention of when he will rule. but it's something that we're certainly watching closely. now, you mentioned that the trial has briefly stopped. there's a lunch break here. but jurors just heard from drew hernandez, this is the third witness that the defense has called today. this person really bolstering up the defense's argument that kyle rittenhouse was there on the scene to try and provide aid and to help people. this witness, who also shot video and posted to social media
that night, also said that he witnessed a situation where kyle rittenhouse was deescalating a situation. earlier in the day, the day started with the defense calling a video specialist. now, this person was used by the defense to try and describe and go through the timeline, focussing squarely on the times when kyle rittenhouse pulled the trigger. this is when we saw the prosecution objecting, saying that the question, the line of questioning was beyond the scope, beyond what both parties had agreed upon. and then we saw some contentious moments between the judge and the prosecution. but we know now because the judge said that he made a mistake thinking that yesterday was thursday and correcting himself and saying that this trial could conclude and that the jury could receive this case as early as tomorrow, as opposed to what he said yesterday, which was monday, chuck. >> megan fitzgerald on the ground for us in kenosha, megan, thank you. up next, we'll honor those
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welcome back. the country is celebrating veterans day today. honoring all those who have served in our armed forces. today marks the first veterans day in two decades where the united states is not at war in afghanistan. for what it's worth, this morning president biden hosted veterans at the white house before traveling to arlington national cemetery to lay a wreath at the tomb of the unknown soldier commemorating those who have given their lives for our country. today, by the way, marks 100 years since the first unknown soldier was laid to rest in the tomb in 1921. three years after the end of world war i. over the decades, that soldier was joined by three others unidentified soldiers from world war ii, the korean war and the vietnam war. five ceremonial flyovers commemorated the anniversary this morning. veterans day is not just ceremonial for biden as commander in chief, also
personal for him as a military parent. biden's late son beau served in iraq after laying the wreath in arlington, president biden delivered some remarks. >> our veterans represent the best of america. you are the very spine of america, not just the backbone, you're the spine of this country. and all of us, all of us owe you. we have many obligations. one truly sacred obligation to properly prepare those and equip those who we send into harm's way and care for them and their families while they're both deployed and when they return home. >> and on this veterans day, the latest episode of the chuck podcast features one on one with the head of the iraq and afghanistan veterans of america paul. spend time remembering max cleveland we lost earlier this week. who in many ways was the first face of the v.a. get it wherever you get your
podcast. up next, amid heightening tensions between the united states and china on the world stage, xi jinping cements his power at home just days before a virtual meeting with president biden. what to expect. you're watching "meet the press daily." ♪♪ and, getting screened for colon cancer. that's big because when caught in early stages, it's more treatable. hey, cologuard! hi. i'm noninvasive and i detect altered dna in your stool to find 92% of colon cancers, even in early stages. early stages! yep, it's for people 45 plus at average risk for colon cancer, not high risk. false positive and negative results may occur. ask your provider if cologuard is right for you. count me in! me too! at t-mobile for business, unconventional thinking means we count me in! see things differently, so you can focus on what matters most. whether it's ensuring food arrives as fresh as when it departs... keeping crews connected as they help build communities... or providing patients the care they need, even at home. we are the leader in 5g and a partner who
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they paved the way for xi to serve beyond the end of his second term, praising his ideology as, quote, the essence of chinese culture. only two other leaders have been given that mandate. xi's victory comes less than a week before he and president biden will hold a virtual summit. biden's first meeting with his chinese counterpart comes a day after the surprising news u.s. and china are vowing to work together to address climate change. ian, let me start with you. xi has now been given moa stat us. why do we refer to him as president? is he not basically, he's now a dictator? >> he runs an authoritarian state. he's certainly the strongest leader they've had. i think you can call him a dictator, but we call putin president. so i mean, in that regard i think referring to xi similarly is okay.
>> this meeting with president biden, a virtual meeting, none of the preliminary meetings have gone well between this administration and their chinese counterparts. some obviously they've fixed some things, they're able to do this climate statement together. who has been doing the repairing of this relationship? >> biden has been doing the repairing. jake sullivan has been doing the repairing, john kerry has been doing the repairing. the last phone call between biden and president xi was short, nonetheless went pretty well. it was referred to as constructive and was personally appreciated by xi jinping and he made that clear in his private phone calls with leaders in the g20 he attended virtually. the fact that we now have an open willingness for both leaders to work together on climate is a breakthrough. it's the most significant positive move between the two countries since biden became
president. and it does mean that next week's meeting will be important. i'll tell you one thing i'm pretty sure will happen, you won't see a diplomatic boycott from the u.s. of the beijing olympics. i think that's been cleared through and the chinese wouldn't accepted this climate move if that was still on the table. >> that's interesting. frank lavin, look, one of the things you wanted to remind folks, today is a big economic day in china. and singles day, i assume being 11/11, repetitive numbers those can become significant days. but what is the status of american business in china? and what is decoupling doing to american business on a day like today? >> yeah. thanks, chuck. good to be back with you. yeah, look, it's an enormously successful shopping day. it's really the retail sector, consumer goods. but boy u.s. companies do very well in that space. if you're nike or procter & gamble or jack daniels, this is a really good day for you. and those american consumer products are well received.
however, you know, there's other economic problems and challenges. other sectors most notably the tech sector, china is not very inviting. there's a regulatory or even problems outright bans for a lot of u.s. tech firms. so they cannot compete in the market the way they do elsewhere around the world. i would say in general the view that u.s. companies take toward china is very sector dependent. if your agriculture, consumer goods, food and beverage, you're very bullish on china. if you're tech, it's a much tougher slog. >> ten years ago, frank, you and i were talking you would have said american business leaders were looking forward to setting up shop in china. that has changed, i think, pretty dramatically over the last decade. do you expect more pullback? >> i think there's been a lot of cooling. i think it's a much more challenging environment. there's been this sort of uptick in chinese nationalism and protectionism in regulatory
environment which is not inviting in many sectors and other countries are coming more on stream, vietnam, india and elsewhere provide alternatives. so i don't think you're necessarily seeing exit from the market, but i think you're seeing rebalance, people are looking elsewhere for additional growth. so, elsewhere for additional growth. nike still does their manufacturing and sales there. apple is still huge in china. i don't think they're reducing their commitment to china but seeing disproportionate investment in other markets. >> you made the point on the olympics. xi apparently is going to put the president in an awkward position, he's going to invite him to come. is that a bridge too far? and how does the president say no without xi taking it the wrong way? >> look, he didn't go to tokyo, and that's america's most important ally in the pacific. and dealing with china. so he sent joe biden. look, i think john kerry would be delighted to go.
he's been the principal interlocutor. i think he would be an appropriate person to send. joe biden, who went to tokyo, would be an appropriate person to send. i want to make clear that biden runs risks here. he has been seen as having a policy that's quite consistent and being tough on china with the trump administration, knowing it's one thing democrats and republicans largely agree on. as that starts to cool and stabilize and we start seeing some room for cooperation, you know, the potential to be criticized by across the aisle as being soft on china is something that they are going to be extremely cautious about. there's no way biden can go directly and personally, i can't see that happening. >> frank, what do our asian allies want from us when it comes to china? do they want a more aggressive posture? like i said, you were ambassador to singapore. you've got some countries that
basically they would like to be financial switzerland, i think, when it comes to america and china. >> look, no country in asia welcomes increased friction or hostility between u.s. and china. so it's not a question of seeking additional u.s. billigerency. the united states is not participating in any of the initiatives, the ttp or digital initiatives. and china has put up its hands. if there were one request from asia, it would be please have an economic program that would lower frictions in the region. >> any chance biden pulls some
tariffs after the meeting on monday? >> he should. let's put it this way. on the aluminum and steel side, one of the reasons why you got an agreement with the europeans on that, which i think is welcomed by everyone, is because inflation in the united states and europe is through the roof. and the tariffs with china are much more meaningful in terms of impact on american inflation than what you see with europe. certainly there is an economic argument to be made. but you have to balance that against the real criticism that will be put against a biden administration that is seen to be softer on china than the trump administration had been. >> i think inflation's a bigger pull than china. >> i hope so. >> it's the pocketbook, stupid. anyway, ian bremmer, frank lavin, i appreciate both of you coming on and sharing your expertise with us. up next, another attempt by former president trump and his team to block the handover of
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welcome back. in a last ditch effort to stop the handover of documents to the january 6th committee, president trump's lawyers have filed for an administrative injunction. it would temporarily delay release of documents to the house committee on january 6th. it's now the latest move in the former president's legal fight with the national archives, set to release a batch of records tomorrow. joining me with the latest is our own julia ainsley. julia, what's amazing here is how fast the courts keep answering every one of these appeals by trump's lawyers. if he's trying to buy time, he ain't getting much time. >> that's right, chuck, it seems like they're closing every door. the latest move is to go to the dc circuit to appeal the ruling we got late tuesday from the judge in the dc district court.
she was very blatant about her opinion that the former president is overly exerting executive privilege to keep these documents from being released. she said that presidents are not kings and the plaintiff, meaning trump, is not president. it actually makes a big difference here that trump is no longer the president. you and i talked a lot, chuck, about executive privilege during the mueller investigation when so many key documents and witnesses were kept from those investigators. that no longer seems to be something that trump can hide behind, especially as the current president, the biden administration has made the case that these documents would not damage the office of the presidency and in fact are vital to national security. so it seems that the walls are starting to close in, and we will see whether or not this injunction is granted. but if not, we're looking at late tomorrow when all of these documents could be handed over to those investigators on the hill. >> if this injunction doesn't happen, does he -- can he go to
the supreme court and try to get an emergency injunction? or is he out of legal routes? >> he can go to the supreme court. it's really just a matter of time being on his side. this is something that we could expect to see go all the way to the supreme court. but if they're not able to get an answer from the supreme court before the end of the day tomorrow, those documents could still be handed over. of course they could try to then put some sort of stay on how they are used. but it looks like they're running out of options here, chuck. >> all right, julia ainsley, who is on the beat on this story for us. julia, thank you. we also want to remind you that the annual "meet the press" film festival returns tonight in l.a. you can get tickets to see the event virtually at fest.afi.com, terrific films on a number of interesting topics.
our new episode of "meet the press reports" airs tonight at 9:00 p.m. eastern time and will be available on peacock. we'll have a presentation on the films "meltdown in dixie" and "golden age karate" right here on msnbc. we're back tomorrow with more "meet the press daily." msnbc coverage continues with chris jansing right now. good to be with you. i am chris jansing. today the white house is facing a critical question. how do you convince everyday americans the economy is strong and the country moving in the right direction when most of them just aren't feeling it? right now everything from gas to groceries is cost more, a lot more. the u.s. is experiencing the sharpest level of inflation in 30 years. the president acknowledging it and vowing to tackle it. >> many people remain unsettled about the economy. and we all know why. they see higher prices.