it came as a shock even to the icelandic commentator. listen. [ shouting ] >> he's excited. iceland going on to face france in the quarter finals. >> you'll get them next time, britain. thanks for joining us. "the real story" starts now. >> bye. and we start out with a fox news alert right now. hillary clinton, the white house, and the state department, all on the defense right now after republicans on the house benghazi committee release an 800-page report blaming bureaucratic delays for the deaths of americans, four americans who were killed in that attack in benghazi. hi, everyone, i'm heather nauert in for gretchen carlson. this is "the real story." four americans including a u.s. ambassador lost their lives on september 11th, 2012, at the u.s. diplomatic outpost in libya. the republican's report finding that u.s. officials misunderstood who their allies were at the time in the area. americans there were saved by a

group reporting to muammar qaddafi's regime. the u.s. wanted to make benghazi a permanent diplomatic post. in order to do that they needed to receive funding until the end of 2012. ambassador stephens was preparing for then secretary of state hillary clinton to visit at the end of the month. >> nothing could have reached benghazi because nothing was ever headed to benghazi. no u.s. military asset was ever deployed to benghazi despite the order of the secretary of defense. not a single wheel of a single u.s. military asset had even turned toward libya. >> we have team fox coverage. mike emanuel is with the clinton campaign today in denver. first we go to catherine herridge, live for us in

washington. >> reporter: the republican majority report identifies for the first time a key white house meeting on september 11th, 2012, three hours into the terrorist attack. the meeting included senior deputies to the cabinet as well as then secretary of state hillary clinton. at that time, the terror attack in benghazi was ongoing. foreign service officer sean smith was dead. ambassador chris stephens was missing. and two former navy s.e.a.l.s who died defending the cia were still alive. the report found the focus of the meeting was on a video wrongly blamed by the white house for the terrific. patrick kennedy told investigators they were also deeply concerned about diplomatic sensitivity and whether military personnel sent to libya should wear uniforms. one military commander said his team changed in and out of their uniforms at least four times that night. >> there is concern, actually more concern about whether they're going to be offending the libyan government by how it

is this rescue is supposed to take place than whether the rescue is actually successful. marinate in that for a second. >> reporter: unlike the 2011 raid that killed osama bin laden where the president, hillary clinton, and the security team gathered in the white house to watch the situation unfold, there was no such gathering for benzene though they were available and in washington. >> heather, tell us about the explanation of the video and what we've learned from the republicans about that. >> reporter: the report makes clear that the video explanation was crafted in washington by political appointees and it did not reflect the realtime intelligence that was available from american personnel on the ground. and the pressure was on then secretary of state clinton who wanted the benghazi operation to be permanent with announcement one month before the november 2012 elections. >> now they had a terrorist attack. they had to mislead the american people because it's 56 days before an election, their legacy

is on the line, and she has the goddess of history looking over her shoulder. so they mislead the american people. >> reporter: the benghazi families say mrs. clinton blamed an obscure filmmaker. the report makes clear, and we've seen these e-mails previously, that hillary clinton was telling her daughter and the prime minister of egypt something quite different, that it was simply a traffic, heather. >> catherine herridge, thank you. hillary clinton and her campaign responding just moments ago to that new benghazi report. she is exchange on tcampaigningd in colorado today. let's check in with mike. what is hillary clinton saying about the report? >> reporter: good afternoon, heather. despite the fact that it is a massive report and undoubtedly many people are still going through it, hillary clinton a short time ago suggested it was all a waste of time and money. >> after more than two years and

$7 million spent by the benghazi committee out of taxpayer funds, it had to today report that it found nothing, nothing to contradict the conclusions of the independent accountability board. >> reporter: to clinton says she will leave it to others to decide, but for her, she believes it is time to move on, heather. >> wow. mike, thank you. tell us about hillary clinton's focus there in denver today. >> reporter: she's putting the focus on a lot of 21st century entrepreneurs, hillary clinton visiting a facility and seeing some really cutting edge technology and ideas in terms of 21st century jobs, recognizing the economy could be the issue of the 2016 campaign. and clinton says she's open to good ideas. >> it really matters what we do and how we do it, if we're going to create the economy of the future. and it matters to me to find examples like here at galvanize

that we can lift up and try to take to scale. i was delighted to learn that there will soon be a galvanize in new york, and that we will have the benefits of that. [ cheers and applause ] so i am on a mission to find out what works. >> reporter: so clinton just wrapping up here in denver a few minutes ago. she's on her way to the west coast to do some fundraising to fuel that campaign. >> mike emanuel live for us in denver, thank you. more specifics now from the benghazi report. lawmakers cite the military's failure to carry out then secretary of defense leon panetta's orders to deploy forces that night to benghazi. at the time of the final attack at the annex, no asset order to deploy had even left their sites yet. a meeting featuring secretary clinton spent time discussing diplomatic sensitivities and even the attire worn by our

trips. there were conflicting orders from the state department and the pentagon over whether or not marines should wear military uniforms or civilian attire. as a result, they changed in and out of uniform four times. and that delay as benghazi was under siege. consider that last point when you see this scene from the movie "13 hours" showing the contractors running out in their shorts as they try to defend themselves. >> it's under attack! go, man, it's under attack! >> now for reaction, georgia republican congressman lynn west more land. congressman, thank you so much for joining us. we had reported, some of our staff had, about this change of uniform and outfit a couple of years ago. but this is getting new attention today as a result of the report. tell me what your reaction was when you heard that it took at least 40 minutes for these men

and perhaps women to get changed in and out of clothing as the debate unfolded over what they should wear for a rescue mission. >> i think it just indicates, heather, that there was some conversation between the dod and the state department about what they should wear. i mean, i'm assuming that if you know that you're fixing to go into a combat area, that you want to be dressed properly, and at least in your uniform, where is the state department did not want us to really have a military presence there, and so they preferred them to go in in street clothes and then change into their military uniforms once they got there. so -- >> was the point to make it look like it wasn't an invasion of sorts, even though our compound and our people were under attack? >> heather, that's the only thing that i can -- that's what i conclude when i read it. but i mean, going in and out four different times just means and shows to me that the military was trying to put their foot down and say, no, if we're

going in there, we're going in dressed, get ready and be ready to go. and these guys, you know, you've got to remember, they sat on the tarmac four, six hours, ready to go. and so the process, they were also i guess changing clothings back and forth. >> i've trying to imagine how those men in spain must have been itching to get into that battle and save lives, trying to do their jobs that leon panetta, the then secretary of defense, wanted them to do. >> exactly. he said deploy. we asked him specifically if he had to get clearance from the president. he said no, he had already told me to save american lives. so when i said deploy, that's all i had to say. so he was very confident in his decision. unfortunately, either he never asked anybody if they had deployed or nobody reported to him that they had not deployed.

>> let me ask you, i'm not no washington so i don't know how this stuff works. when he says flow, who then prevents that? is it the state department, is it the president? how does that work? >> i think when you say deploy, the fact that the marines, the team in rota, spain, the special in croatia, i think they did begin to deploy at that time. the problem was they didn't have airlift. there was no equipment there. the special operators, their planes had left them in croatia because there was a training mission in rota, spain. they didn't have a transport there that could have lifted those people to libya. >> let me ask you before you go, josh ernest saying this was all about hurting hillary clinton in the polls, hillary clinton saying this was a waste of time and taxpayer dollars. what's your reaction to that? >> if i were them, that's exactly what i would be saying. the truth of it is, heather,

this report was about what happened to four brave americans who lost their lives serving our country in libya. that's what this was about. anybody else, and i hope every american will read the report and come to their own conclusion about what happened, why it happened, and the results of the -- to me the delays and the inaccuracies that our government trying to -- >> we certainly hope that things have changed for the better. congressman westmoreland, thanks for joining us, from the house benghazi committee. we are awaiting a donald trump policy speech on trade in a crucial swing state, pennsylvania. that's where we find john roberts live there. john, what can you tell us? >> reporter: heather, good afternoon to you. we're at an aluminum recycling plant in pennsylvania. donald trump is expected to take the stage in a couple of minutes, a big trade speech where he will present himself as an agent of change where he will

rewrite the rules to benefit working people. he says there is a leadership class that worships globalism over americanism. as we reported exclusively last night, donald trump will say, quote -- he will provide a comprehensive investigation of unfair trade practices by america's trade partners. he would make the case to the wto that china is violating its terms of membership in the wto and have the trade department label china a currency manipulator. donald trump jr. talked to us last night. >> you look at the $500 billion trade deficit every year, they ship everything into the united states. if we try and ship one good, one service into china, we can't do it. they take our jobs, they take our manufacturing. >> reporter: now, that designation of china as a global currency manipulator is an

important one, heather, because every administration has declined to have the treasury department do that. should trump become president and do that, it would be the first time. >> and he's planning to whack hillary clinton tonight. >> reporter: he will present her as a tool of wall street who pursues economic policies of wall street. he'll hit her hard on her support for trade agreements like nafta, china's entry into the wto and the trans-pacific partnership. hillary clinton now says she's opposed to the ttp but there's a new video circulating where she seems to be of a different state of mind. >> the ttp sets the gold standard to open free, transparent, fair trade, the kind of environment that has the rule of law and a level playing field. >> reporter: donald trump says if he becomes president he will withdraw from the tpp on day one of his presidency and says that

hillary clinton would likely just tinker around the edges with it and then pass it. we'll see. the speech should be coming up in a few minutes. >> we'll keep on eye on it, thanks, john roberts. you heard hillary clinton's response to the newest benghazi report. how will it affect her fight against donald trump? we'll debate that, ahead. it wasn't about a youtube video. it wasn't about a bunch of folks out for a walk. when secretary clinton said what difference does it make, we can now as a result of our work over the last year and a half tell you exactly what difference it makes. hey pal? you ready?

can you pick me up at 6:30? ah... (boy) i'm here! i'm here! (cop) too late. i was gone for five minutes! ugh! move it. you're killing me. you know what, dad? i'm good. (dad) it may be quite a while before he's ready, but our subaru legacy will be waiting for him. (vo) the longest-lasting midsize sedan in its class. the twenty-sixteen subaru legacy. it's not just a sedan. it's a subaru. you grab your 10-gallon jug of coffee, and back out of the garage. right into your wife's car. with your wife watching. she forgives you... eventually. your insurance company, not so much. they say you only have their basic policy. don't basic policies cover basic accidents? of course, they say... as long as you pay extra for it.

with a liberty mutual base policy, new car replacement comes standard. and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. learn more by calling at liberty mutual, every policy is personal, with coverage and deductibles, customized just for you. which is why we don't offer any off-the-shelf policies. switch to liberty mutual and you could save up to $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. so i asked about adding once-daily namenda xr to her current treatment for moderate to severe alzheimer's. it works differently. when added to another alzheimer's treatment, it may improve overall function and cognition. and may slow the worsening of symptoms for a while. (announcer) namenda xr doesn't change how the disease progresses.

it shouldn't be taken by anyone allergic to memantine, or who's had a bad reaction to namenda xr or its ingredients. before starting treatment, tell their doctor if they have, or ever had a seizure disorder, difficulty passing urine, liver, kidney, or bladder problems, and about medications they're taking. certain medications, changes in diet, or medical conditions may affect the amount of namenda xr in the body and may increase side effects. the most common side effects are headache, diarrhea, and dizziness. all my life, he's protected me. ask their doctor about once-daily namenda xr and learn about a free trial offer at namenedaxr.com. welcome back. a new benghazi reported could hurt hillary clinton's credibility even more as she

struggles to win the trust of voters. listen to this. >> trust is the glue that holds our democracy together. but it's no secret that americans' trust in government has eroded. personally i know i have work to do on this front. a lot of people tell pollsters they don't trust me. i don't like hearing that. >> a cbs news poll finds one-third of voters trust hillary clinton, 66% say she is not honest and not trustworthy. larry o'connor hosts "morning on the mall" on wmal in washington. samen rosenberg joins us, president and founder of the new democrat network and a former bill clinton campaign adviser. larry, let's start out with you. if you're having to talk about trust issues, people don't trust me, i don't like to hear it, you're not starting out from a good position. >> you're not. and, you know, she's also followed up that statement by blaming republicans for

perpetuating myths about her. so she even can't own the fact that maybe, maybe something that she has done is the reason why she's not trustworthy. i'm frankly curious about the 33% who do find her honest and trustworthy after all these years. there is a tide in this country, heath heather, and it has to do with people feeling dissatisfied with government, feeling like people in washington don't have their back. hillary represents that. it's tough issue for her going against donald trump. today's benghazi report doesn't help her at all. >> isn't part of that not just the benghazi report but being a part of the overall washington establishment, simon? >> yes, i think that's an issue. look, in every campaign you have assets and liabilities. there's things that work for you and things that don't work for you. what was amazing to me about hillary's statement yesterday is she was very public in acknowledging what is probably the biggest challenge that she has in this campaign. despite all this, by the way, she's gaining in the polls, up 6 or 7 points over donald trump.

it's been a very bad few weeks for donald trump. despite some of the legitimate problems she has in this campaign, she's doing pretty well and is well positioned for the poll. >> what about that, larry? she's climbing in the polls. >> one thing that would help hillary clinton is if she starts telling the truth. she still refuses to do so and makes offensive comments like the benghazi report was a waste of taxpayers' money. i would love to ask her to say that to the families of those who died in benghazi. she still won't acknowledge the truth about what happened that night. >> gentlemen, i'll have to ask you to hold off because donald trump has just started an awaited speech, a speech we've been awaiting, in pennsylvania. he's talking about trade. we'll listen in and get back to you guys in just a minute. >> so today i'm going to talk about how to make america wealthy again. have to do it.

we're 30 miles from steel city. pittsburgh played a central role in building our nation. the legacy of pennsylvania steel workers lives in the bridges, railways, and skyscrapers that make up our great american landscape. but our workers' loyalty was repaid, you know it better than anybody, with total betrayal. our politicians have aggressively pursued a policy of globalization, moving our jobs, our wealth, and our factories to mexico and overseas. globalization has made the financial elite who donate to politicians very, very wealthy. i used to be one of them. hate to say it but i used to be one. but it's left millions of our workers with nothing but poverty

and heartache. and subsidized foreign steel is dumped into our markets, threatening our factories, the politicians have proven, folks, have proven they do nothing. for years any watched on the sidelines as our jobs vanished and our communities were plunged into depression level unemployment. many of these areas have still never recovered and never will unless i become president. [ applause ] then they can recover fast. our politicians took away from the people their means of making a living and supporting their families. skilled crafts and tradespeople and factory workers have seen the jobs they love shipped thousands and thousands of miles away. many pennsylvania towns once thriving and humming are now in

a state of total disrepair. this wave of globalization has would be wiped out totally, totally, our middle class. it doesn't have to be this way. we can turn it around. and we can turn it around fast. [ applause ] but if it we're going to deliver real change, we're going to have to reject the campaign of fear and intimidation being pursued by powerful cooperation, media elites, and political dynasties. the people who rigged the system for their benefit will do anything and say anything to keep things exactly the way they are. the people who rigged the system are supporting hillary clinton because they know as long as she is in charge, nothing is going to change. the inner cities will remain

poor. the factories will remain closed. the borders will remain open. the special interests will remain firmly in control. hillary clinton and her friends in global finance want to scare america into thinking small. and they want to scare american people out of voting for the better future. and you have a great future, folks. you have a great future. these people have given her tens of millions of dollars. my campaign has the absolute opposite message. i want you to imagine a much better life and a life where you can believe in the american dream again. right now you can't do that. [ applause ] i want you to imagine how much

better our future can be if we declare independence from the elites who led us from one financial and foreign policy disaster to another. our friends in britain recently voted to take back control of their economy, politics, and borders. [ applause ] i was on the right side of that issue, as you know, with the people. i was there. i said it was going to happen. i felt it. while hillary, as always, stood with the elites and both she and president obama predicted that one and many others totally wrong. now it's time for the american people to take back their future. we're going to take it back. [ applause ]

that's the choice we face. we can either give in to hillary clinton's campaign of fear or we can choose to believe again in america. very sadly, we lost our way when we stopped believing in our country. america became the world's dominant economy by becoming the world's dominant producer. you know that from right here, right in this plant. [ applause ] the wealth that's created is shared broadly, creating the biggest middle class the world has ever known. but then america changed its policy from promoting development in america, in, in, in america, to promoting

development in other nations. that's what's happening. and that's what's happened. we allowed foreign countries to subsidize their goods, devalue their currencys, violate their agreements, and cheat in every way imaginable. and our politicians did nothing about it. trillions of our dollars and millions of our jobs flowed overseas as a result. i have visited cities and towns across this country where a third or even half of manufacturing jobs have been wiped out in the last 20 years. today we import nearly 800 billion more in goods than we export. we can't continue to do that. this is not some natural disaster. it's a political and politician-made disaster. very simple. and it can be corrected. and we can correct it fast when

we have people with the right thinking right up here. it is the consequence -- [ applause ] it is the consequence of the leadership class that worships globalism over americanism. this is a direct affront to our founding fathers who america wanted to be strong, they wanted this country to be strong, and they wanted it to be independent, and they wanted it to be free. [ applause ] our founding fathers understood trade much better than our current politicians, believe me. george washington said that the promotion of domestic manufacturing will be among the

first consequences to flow from an energetic government. alexander hamilton spoke frequently of the expediency of encouraging manufacturing in, in, in the united states. [ applause ] and listen to this. the first republican president, abraham lincoln, warned that, quote, the abandonment of the protective policy by the american government will produce want and ruin among our people. he understood it much better than our current politicians. that's why he was abraham lincoln, i guess. [ applause ] our original constitution did not even have an income tax.

instead it had tariffs emphasizing taxation of foreign, not domestic, production. yet today, 240 years after the revolution, we've turned things completely upside down. we tax and regulate and restrict our companies to death. and then we allow foreign countries that cheat to export their goods to us, tax-free. how stupid is this? how could it happen? how stupid is this? [ applause ] as a result, we have become more dependent on foreign countries than ever before. ladies and gentlemen, it's time to declare our economic independence once again. that means -- [ applause ]

that means voting for donald trump. [ cheers and applause ] i'll do it. no doubt about it. not even a little doubt. it also means reversing two of the worst legacies of the clinton years. america has lost nearly one-third of its manufacturing jobs since 1997. even as the country has increased its population, think of this, by 50 million people. at the center of this catastrophe are two trade deals pushed by bill and hillary clinton. first, the north american free trade agreement, or the disaster called nafta. second, china's entry into the world. nafta was the worst trade deal

in the history, the history of this country. china's entrance into the world trade organization has enabled the greatest upset in the history of our country. it was bill clinton who signed nafta. people don't remember. in 1993. and hillary clinton, who supported it. and the havoc that it wreaked after he left office was unbelievable. it was also bill clinton who lobbied for china's disastrous entry -- >> all right. we are listening in to donald trump, speaking live about his trade policy and trade agreements, and basically blaming hillary clinton for her husband's position on nafta which by the way many republicans in washington, d.c. supported at the time. we're having some satellite problems right now so we'll continue to monitor that and

bring you back there as we're able to. in the meantime, let's check back in with simon and larry, as we talk about what donald trump is talking about, and that is the issue of trade. you know, larry, let me start with you. he's basically blaming hillary clinton for some of her husband's policies, blaming hillary clinton for some of that. is that a fair argument on his part? >> well, it is. i think that you're right, heather, also to point out that the republican establishment here definitely supported nafta, and the world trade organization's inclusion of china. but he already played that out in the republican primary. he was not very kind to the bush legacy and many other republican establishment figures. listen, yes, this is a new message for a republican nominee. it's a little more protectionist than what we're used to. i do like the way donald trump has framed this discussion. he's embracing what happened in britain, taking personal credit for it, trying to ride the tide of history, but trying to link it back to this july 4th weekend 240 years ago and saying it's time to declare economic

independence. that's a popular message. one has to ask why was the clinton foundation called the clinton global initiative rather than the clinton american initiative? >> simon, he called hillary clinton the ultimate insider, saying she stood against brexit and talked about taking tens of millions of dollars. in a place like pennsylvania or ohio, those kinds of messages i would have to think are going to resonate with voters there. >> to me, the most striking thing about what we just heard is how far donald trump has drifted from the legacy of ronald reagan. ronald reagan was an avid free trader, one of the most articulate and powerful backers of global free trade over the last 50 years in american life. he also was a leader on immigration reform. it just shows how far the modern republican party has drifted from reagan. i'm not even sure they even know it anymore, how different ronald reagan he would be and how at odds he would be with today's

republican party. second, it's shameful for any republican -- >> we have our satellite connection back up, simon, sorry to interrupt you, we'll check back with you in a bit. >> massive trade deficits subtract directly from our gross domestic product. from 1947 to 2001, a span of over five decades, our inflation adjusted gross domestic product grew at a rate of 4.5%. however, since 2002, the year after we fully opened our markets to chinese imports, that gdp growth rate has been cut in half. what does this mean for americans? not good. for every 1% of gdp growth we fail to generate in any given year, we also fail to create over 1 million jobs. what a waste. and what a sad, sad thing.

[ applause ] america's job creation deficit due to slower growth since 2002 is well over 20 million jobs. and that's just about the number of jobs our country needs right now to put america back to work at decent wages. wages are very low because there's no competition and they're going up, because we're going to thrive again as a country. [ applause ] the trans-pacific partnership is the greatest danger yet. the tpp, as it's known, would be the death blow for american manufacturing. it would give up all of our

economic leverage to an international commission that would put the interests of foreign countries above our own. it would further open our markets to aggressive currency cheaters, cheaters, that's what they are, they're not playing by the rules, they're cheating. it would make it easier for our trading competitors to ship cheap goods into our markets while allowing foreign countries to continue putting up barriers in front of our exports, which is what they do. it's very hard to export to their countries. they make it very difficult. we on the other hand, come on in, everybody, come on in. bad leadership. the tpp would lower tariffs on foreign cars while leaving in place the foreign practices that keep american cars from being sold overseas.

that's not all. mark my words. china will enter the tpp through the backdoor at a later date. they are watching. they are studying. if it's good, they'll be there. by the way, if it's no good, they'll pass. same way. always is. the agreement would also force american workers to compete directly against workers from vietnam, one of the lowest wage countries on earth. not only will the tpp undermine our economy, but it will undermine our independence. that's what's happening. the tpp creates a new international commission that makes decisions the american people are no longer given the right to veto. these commissions are great for hillary's wall street funders who can spend vast amounts of money to influence the people on the commissions and the

outcomes. it should be no surprise then that hillary clinton, according to bloomberg, took a leading part in drafting the trans-pacific partnership. please remember that. especially in november. [ applause ] she praised or pushed the tpp on 45 separate occasions. and even called it the gold standard. hillary clinton was totally for the tpp just a short while ago. but when she saw my stance, which is totally against, she was shamed into saying she would be against it too. and i will tell you, it was the same shame that she had recently where she was sort of forced into saying radical islamic

terrorism, which she didn't want to say, but she was shamed into that. [ applause ] but have no doubt that she will immediately approve it if it's put before her. and that is guaranteed. guaranteed. she will do this just as she's betrayed american workers for wall street and throughout, throughout her career, her whole career, she has betrayed the american worker. she's trying to put on a good front now. she will betray you again. her career and her husband have signed so many disasters and never, ever forget nafta. just never, ever forget it. because you know what it's done and i know what it's done. and in touring, i've seen the devastation that it's left behind. here's how it would go. she would make a small token change, declare the tpp pact

fixed, and ram it through. and you will suffer. that's why hillary is now only saying she has problems with tpp in its current form. you know what that means. that means they'll make a little two-word change and she'll fix it and she'll feel great. she'll rush to embrace it again and will at the earliest opportunity. if the media doesn't believe me, i have a challenge for you and hillary. ask hillary if she is willing to withdraw from the tpp on her first day in office and unconditionally rule out its passage in any form. [ applause ] there is no way to fix tpp. we need bilateral trade deals. we do not need to enter into

another massive international agreement that ties us up and binds us down like tpp does. [ applause ] a trump administration will change our failed trade policies. and i mean quickly. [ applause ] thank you. here are seven steps i would pursue right away to bring back our jobs. number one, i am going to withdraw the united states from the trans-pacific partnership which has not yet been ratified. [ applause ] i'm going to appoint the toughest and smartest, and i know 'em all, trade negotiators

to fight on behalf of american workers. [ applause ] i'm going to direct the secretary of commerce to identify every violation of trade agreements a foreign country is currently using to harm you, the american worker. [ applause ] i will then direct all appropriate agencies to use every tool under american and international law to end these abuses, and "abuse" is the right word. [ applause ] number 4, i'm going to tell our nafta partners that i intend to immediately renegotiate the terms of that agreement to get a

better deal by a lot, not just a little, by a lot, for our workers. [ applause ] and if they don't agree to a renegotiation, which they might not, because they're so used to having their own way, not with trump, they won't have their own way. [ applause ] then i will submit under article 2205 of the nafta agreement that america intends to withdraw from the deal. [ applause ] number 5, i'm going to instruct my treasury secretary to label china a currency manipulator, which should have been done years ago.

any country that devalues their currency in order to take unfair advantage of the united states, which is many countries, will be met with sharply. and that includes tariffs and taxes. [ applause ] number 6, i'm going to instruct the u.s. trade representative to bring trade cases against china, both in this country and at the wto. [ applause ] china's unfair subsidy behavior is prohibited by the terms of its entrance to the wto. and i intend to enforce those rules and regulations and basically i intend to enforce the agreements for all countries, including china. [ applause ]

7, if china does not stop its illegal activities, including its theft of american trade secrets, i will use every lawful -- hey, look, this is very easy. this is so easy. i love saying this. i will use every law fful presidential power to recommended trade disputes including the application of tariffs consistent with section 201 and 301 of the trade act of 1974 and section 232 of the trade expansion act of 1962. and when they say trade talkint other countries. they're not talking about us. because there is no expansion. they get the expansion. we get the joblessness. that's the way it works. not going to happen anymore. [ applause ]

president reagan deployed similar trade measures when motorcycle and semiconductor imports threatened u.s. industry. i remember. his tariff on japanese motorcycles was 45% and his tariff to shield america's semiconductor industry was 100%. and that had a big impact, folks, a big impact. hillary clinton and her campaign of fear will try to spread the lie that these actions will start a trade war. we already have a trade war. and we're losing badly. badly. [ applause ] she has it completely backwards. hillary clinton unleashed a trade war against the american worker when she supported one terrible deal after another from nafta to china to south korea. it doesn't matter.

no matter where she went, the american worker was hurt. and you will be hurt worse than ever before if she becomes president of the united states. that i can tell you. [ applause ] a trump administration will end that war by getting a fair deal for the american people. and the american worker. the era of economic surrender will finally be over. it will be over. you're not going to see it anymore. although i can't guarantee it, because after me they'll probably start doing it again. we will have four and maybe eight great, great, great productive years. and we'll never go back. and we'll make sure we never go back. [ cheers and applause ] thank you. thank you. thank you very much.

thank you. thank you very much, everybody. i appreciate it. a new era of prosperity will finally begin. america will be independent once more. independent once more. doesn't that sound great? [ applause ] under a trump presidency, the american worker will finally have a president who will protect them and fight for them. [ applause ] we will stand up to trade cheating. cheaters, that's what they are. cheaters. we will stand up to trade cheating anywhere and everywhere it threatens the american jobs. [ applause ] we will make america the best place in the world to start a business. we'll hire workers.

and we'll open factories. and we'll get rid of these horrible regulations that make it impossible to do business in this country. [ applause ] this will also include massive tax reform to lift the crushing burdens on american workers and businesses. we will also get rid of all of these rules and all of these problems and all of the bureaucracy which are destroying, absolutely destroying our job creation capacity which we used to be the best in the world and now we're getting close to the bottom, folks. we're getting close to the bottom. many people think that these regulations are an even greater impediment than the fact that we're one of the highest taxed nations in the world. we're also going to fully

capture america's tremendous energy capacity. this will create for our workers. and that's what we want. for our workers. growth for our economy and begin reducing our budget deficits which are massive. nearly budget deficits massive. our trade deficits, we don't even want to talk about it. our budget deficits are massive. hillary clinton wants to shut down energy production and shut down the mines, and she wants to shut down, and she said it just recently, she wants to shut down the miners. i want to do exactly the opposite. a trump administration will also ensure that we start using american steel for american infrastructure. and aluminum.

just like the american steel from pennsylvania that built the empire state building. that's what we're going to do. it built the empire state building. it will be american steel that will fortify america's crumbling bridges. american steel. it will be american steel. it will be american steel that sends our skyscrapers soaring, soaring into the sky. beautiful sight. more beautiful with american steel. it will be american steel that rebuilds our inner cities. it will be american hands that remake this country. and it will be american energy mined from american resources that powers this country.

it will be american workers who are hired to do the job. nobody else. american workers. we're going to put american steel and aluminum back into the backbone of our country. this alone will create massive numbers of jobs. high-paying jobs. good jobs. not the jobs we have today. which everybody agrees are bad jobs. we're going to create massive numbers of good jobs. on trade. on immigration. on foreign policy. we are going to put america first again. we are going to make america

wealthy again. we are going to reject hillary clinton's policy of fear and her policy of absolute nonsense because it's not working and it's grossly incompetent, and we can't take it any longer. and we're not going to take it any longer. we are going to embrace the possibilities of change but real change, not obama change. real change. it's time to believe in the future. it's time to believe in each other. it's time to believe in america again. this is how we are going to make america great again for all america americans. for all americans.

is we're going to make america great again for everyone. greater than ever before. and i promise you, if i become president we are going to be working again. we're going to have great jobs again. you're going to be so happy. you're going to be proud of your president. you're going to be proud, proud, proud of our country once again. thank you very much. i appreciate it. thank you. >> donald trump wrapping up there in pennsylvania. let's bring back in larry o'connor and also simon rosenberg to get their reactions to donald trump's trade speech where he hit hillary clinton pretty hard and came out sounding like a real populist, saying the era of economic surrender in our country is over. larry, your take. >> yeah. again, declaring economic independence for america, saying we already are in a trade war and we're losing it. listen, for donald trump to win in november he's got to stitch together a mosaic of states the republicans haven't competed well in. it includes that rust belt. and this could be a message that

energizes that dormant ross perot vote and, yes, some of the bernie sanders supporters too. >> i think that some bernie sanders might be interested in jumping on board when you hear that. >> with that message. >> simon, your reaction. my democrat starts to get a little nervous. >> sure. listen, i don't know if noticed but after brexit which he's praised stock markets all around the have gone down, the pound has gone down, companies are announcing they're going to be moving jobs out of england -- >> to be fair, there are a fair number of economists who are saying this is a short-term deal, at least when it comes to the u.s. >> possibly. but it's also -- how you could argue that this is in any way in the interest of the united states or that doing something like that here could benefit the united states, i think this is what we're going to debate in the campaign. i think he's wrong. i think democrats have powerful arguments against virtually everything that he said today. but to me the person i want to hear from today is paul ryan, who i know disagrees with virtually everything that donald trump just said. and what donald trump did today is promise he wants to make america as isolated from the rest of the world as he is from

the rest of his republican brethren heading into the convention. >> it's official. the democrats are the party of wall street. >> we're going to have to leave it there. >> we're the party of growth, opportunity, and jobs. >> we want to get in -- simon and larry, thank you so much. the trump speech on trade coming in just after he seemed to shift gears on his plan to ban muslims from entering the united states. joining me now, joe barelli, new york co-chair of the trump campaign and a new york city council member and john gabriel, editor in chief of ricochet and a never trump gop-er. so a couple of republicans here both. joe, let's start with you. your reaction to i guess your boss's speech. >> he's not my boss. but i'm certainly a supporter. look, other people are making the case that's in somehow a 180 degree departure from what he's previously said but it isn't. it's more about refining a policy. the ultimate goal of defending america from radical jihadists is still the same goal as if was when he said a temporary ban on muslims. people around the country are actually thinking that this might not be the worst idea. you see attacks in brussels from

people coming from syria through the eu to attack belgium. there was a threat to a soccer game recently in the middle of the euro. so this is what's on people's minds. i think he's refined it in a way that will make it more palatable to the american public and that's not a bad thing. >> all right. let's bring in john here. john, you're a republican. now that he's altered his position somewhat, although we still haven't heard a lot of specifics about it, would that get you on board with donald trump? >> i think the issue is with donald trump is i'm not sure what he's going to say tomorrow. i think this plan is slightly better, but i had a lot of trump fans telling me hey, this is great, we're going to ban owl muslims, we can't let anyone in, it's even fine if we stop military members who happen to be muslim coming back to the u.s. after being in theater. and i just think that's a bad idea. i'm glad that he's moderated his position a bit. we obviously have to do something about terror. but i'm not sure what he's going to say tomorrow. so that remains to be seen. >> how do you feel watching his speech right there? we were just putting up a lot of

facts about trade and all that. does he seem to be doing a better job? it seemed like a far more serious speech on his part. it seemed to be reading from a teleprompter there. what's your take on it? >> i think it's a lot more serious. i think he is doing the pivot. i have to say, though, sometimes i felt like i was listening to a bernie sanders speech with all the forces aligned against us. i think the main problem with trade and why our economy has stunk for so long, going back with democratic and republican administrations, is too much government. it's not too much freedom. the government doesn't need to get in between me, if i want to sell some products to some buddies in canada. what we need is the government to get their boot off of our necks and cut down this insane regulation, and it's regulation that trump says he's going to aggressively and strongly force down our throats. >> we have to get in joe here because we are running out of time. joe, is it fair for him to have blamed hillary clinton for many of her husband's moves when he was president of the united states? >> she's been in the driver's seat. she's been in the highest echelons of our government past ten years and a senator for

years before that. so yeah, it is fair to blame her for a lot. >> all right, gentlemen, thank you so much. joe borelli and john gabriel, thank you so much. thank you for being part of "the real story." i'm heather nowert in for gretchen. here's shep. >> announcer: now, "shepard smith reporting," live from the fox news deck. first from the fox news deck this tuesday afternoon, donald trump has just said it's time for america to take back its future. like britain did with its brexit vote. that's the theme of his first policy speech on the economy, which he says globalization has destroyed. >> i want you to imagine how much better our future can be if we declare independence from the elites who led us from one financial and foreign policy disaster to another. our friends in britain recently voted to take back control of their economy, politics, and borders. >> donald trump blamed t