Fox Business Network

Fox Business Network 10 Feb 2020

China will have to be held accountable for how coronavirus started: Navarro

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White House trade adviser Peter Navarro discusses how the coronavirus will impact American markets and whether the Chinese government is tracking American citizens. #FoxBusiness


Malaysia's Anti-Corruption Commission has released a series of audio recordings featuring former Prime Minister Najib Razak seeking help from Abu Dhabi's crown prince in concealing a deal linked to the 1MDB corruption scandal.
In one recording, Najib asks the crown prince to help clear his son on money-laundering accusations.
Michael Hershman is President and CEO at the Fairfax Group, which specialises in corporate risk management.
He joins us by Skype from the US state of Florida.
Jalen Rose, Jay Williams and Seth Greenberg break down Ja Morant's highlights from the Memphis Grizzlies' 121-110 win vs. the Houston Rockets, then debate whether Morant or Zion Williamson will have a better career in the NBA.
#GetUp #NBA
Chief Justice John Roberts arrives on Capitol Hill to be sworn in for the Senate impeachment trial.
In an interview from 1998 about the Clinton impeachment, attorney Alan Dershowitz says it "certainly doesn't have to be a crime" to be impeachable. This is opposite of his defense of President Trump over the weekend.

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PROTESTS ONE AFTER ANOTHER AMERICAN COMPANIES SHUTTING
AMERICAN COMPANIES SHUTTING DOORS IN BEIJING WUHAN IN AND
DOORS IN BEIJING WUHAN IN AND AROUND AREAS IN CHINA JOINING
AROUND AREAS IN CHINA JOINING ME ASSISTANT TO THE PRESIDENT
ME ASSISTANT TO THE PRESIDENT FOR TRAIT MANUFACTURING POLICY
FOR TRAIT MANUFACTURING POLICY PETER NAVARRO GOOD TO SEE YOU
PETER NAVARRO GOOD TO SEE YOU THIS MORNING THANKS FOR BEING
THIS MORNING THANKS FOR BEING HERE.
HERE. >> GOOD MORNING FROM THE
>> GOOD MORNING FROM THE WATCHER.
WATCHER. >> LISTEN WE HAVE BEEN TALKING
>> LISTEN WE HAVE BEEN TALKING ABOUT COMPANIES SHUTTING DOWN
ABOUT COMPANIES SHUTTING DOWN OPERATIONS, NO FLIGHTS IN AND
OPERATIONS, NO FLIGHTS IN AND OUT OF CHINA.
OUT OF CHINA. THIS OBVIOUSLY, GOING TO HIT
THIS OBVIOUSLY, GOING TO HIT THE CHINESE ECONOMY HARD
THE CHINESE ECONOMY HARD PUTTING THE DEATHS AZIZ IF WE
PUTTING THE DEATHS AZIZ IF WE TAKE OUT FIRST QUARTER IN
TAKE OUT FIRST QUARTER IN CHINA WHAT DOES THAT MEAN FOR
CHINA WHAT DOES THAT MEAN FOR U.S. ECONOMIC STORY AND 3%
U.S. ECONOMIC STORY AND 3% GROWTH HOPE.
GROWTH HOPE. >> I THINK GOING TO WAIT
>> I THINK GOING TO WAIT ANOTHER COUPLE WEEKS OR A
ANOTHER COUPLE WEEKS OR A MONTH TO SEE JUST WHAT EXACTLY
MONTH TO SEE JUST WHAT EXACTLY IS GOING ON, THERE IS ALSO,
IS GOING ON, THERE IS ALSO, COMPANIES THAT ARE GOING BACK
COMPANIES THAT ARE GOING BACK TO WORK, IN CHINA, AS WE
TO WORK, IN CHINA, AS WE SPEAK.
SPEAK. WE WON’T KNOW FOR A COUPLE
WE WON’T KNOW FOR A COUPLE WEEKS NOW, WHETHER THE VIRUS
WEEKS NOW, WHETHER THE VIRUS IS GOING TO PEAK OR SPREAD.
IS GOING TO PEAK OR SPREAD. MEANTIME AT THE WHITE HOUSE
MEANTIME AT THE WHITE HOUSE WE’VE GOT A CRACK ABOUT TASK
WE’VE GOT A CRACK ABOUT TASK FORCE WORKING DAY AND NIGHT ON
FORCE WORKING DAY AND NIGHT ON THIS ISSUE, TO PROTECT
THIS ISSUE, TO PROTECT AMERICANS.
AMERICANS. ONE OF THE THINGS MARIA THAT I
ONE OF THE THINGS MARIA THAT I FOUND INTERESTING, IS I LOOKED
FOUND INTERESTING, IS I LOOKED INTO THIS, IS OUR FOREIGN
INTO THIS, IS OUR FOREIGN DEPENDENCE ON ALL SORTS OF
DEPENDENCE ON ALL SORTS OF MEDICAL EQUIPMENT SUPPLIES
MEDICAL EQUIPMENT SUPPLIES PHARMACEUTICALS THAT YOU NEED
PHARMACEUTICALS THAT YOU NEED TO TREAT NOT JUST CORONAVIRUS,
TO TREAT NOT JUST CORONAVIRUS, BUT A LOT OF THE ISSUES WE
BUT A LOT OF THE ISSUES WE HAVE IN AMERICAN MEDICAL.
HAVE IN AMERICAN MEDICAL. AND JUST AS THIS WEEKED MY
AND JUST AS THIS WEEKED MY TEAM WENT VISITED A PLANT A
TEAM WENT VISITED A PLANT A CONTINUOUS API MANUFACTURING
CONTINUOUS API MANUFACTURING PLANT IN RICHMOND NEW WAY
PLANT IN RICHMOND NEW WAY MAKING PHARMACEUTICALS WHAT WE
MAKING PHARMACEUTICALS WHAT WE NEED TO DO THINK HOW WE CAN
NEED TO DO THINK HOW WE CAN GET OUR PHARMACEUTICAL
GET OUR PHARMACEUTICAL PRODUCTION BACK ONSHORE AND
PRODUCTION BACK ONSHORE AND CHEAP, THIS PRESIDENT IS THE
CHEAP, THIS PRESIDENT IS THE FIRST PRESIDENT WHO GOT
FIRST PRESIDENT WHO GOT PRESCRIPTION DRUG PRICES DOWN.
PRESCRIPTION DRUG PRICES DOWN. IN DECADES.
IN DECADES. AND THAT IS THE KIND OF THING
AND THAT IS THE KIND OF THING WE NEED TO FOCUS ON, AS WE
WE NEED TO FOCUS ON, AS WE ALSO FOCUS ON FIGHTING THIS
ALSO FOCUS ON FIGHTING THIS CORONAVIRUS.
CORONAVIRUS. MARIA: I THINK YOU MENTIONED
MARIA: I THINK YOU MENTIONED A REALLY IMPORTANT POINT
A REALLY IMPORTANT POINT BECAUSE ON AIR LAST WEEK I
BECAUSE ON AIR LAST WEEK I TOLD OUR VIEWERS THAT I HAD
TOLD OUR VIEWERS THAT I HAD SPOKEN WITH A LEADING GUY IN
SPOKEN WITH A LEADING GUY IN THE HOSPITAL INDUSTRY AND HE
THE HOSPITAL INDUSTRY AND HE TOLD ME THAT THERE WERE SHIPS
TOLD ME THAT THERE WERE SHIPS CARRYING THINGS LIKE PLASTIC
CARRYING THINGS LIKE PLASTIC GLOVES, MASKS SUPPOSED TO BE
GLOVES, MASKS SUPPOSED TO BE COMING FROM CHINA BUT CHINA
COMING FROM CHINA BUT CHINA STOPPED THOSE SHIPS SAID NO,
STOPPED THOSE SHIPS SAID NO, NO, NO, THEY ARE NOT GOING TO
NO, NO, THEY ARE NOT GOING TO EXPORT THIS BECAUSE THEY NEED
EXPORT THIS BECAUSE THEY NEED THEM IN CHINA FORGET ABOUT
THEM IN CHINA FORGET ABOUT CONTRACTS THEY HAS HAD IF
CONTRACTS THEY HAS HAD IF PLACE HOSPITALS IN NEW YORK,
PLACE HOSPITALS IN NEW YORK, THAT I WAS TALKING WITH, ARE
THAT I WAS TALKING WITH, ARE GOING TO GET SQUAT WHAT DOES
GOING TO GET SQUAT WHAT DOES THAT HAPPEN TO U.S. WE HAVE TO
THAT HAPPEN TO U.S. WE HAVE TO RELY ON IMPORTANT MEDICAL
RELY ON IMPORTANT MEDICAL SUPPLIES FROM CHINA, YOU ARE
SUPPLIES FROM CHINA, YOU ARE RIGHT WE NEED TO MAKE SURE, TO
RIGHT WE NEED TO MAKE SURE, TO HAVE A PLAN B.
HAVE A PLAN B. >> SO IT IS INTERESTING THAT
>> SO IT IS INTERESTING THAT IT IS NOT JUST CHINA THAT
IT IS NOT JUST CHINA THAT WON’T GIVE US STUFF WHEN WE
WON’T GIVE US STUFF WHEN WE NEED IT.
NEED IT. BACK DURING THE H1N1 SWINE FLU
BACK DURING THE H1N1 SWINE FLU FEW YEARS AGO, WE HAD A 35
FEW YEARS AGO, WE HAD A 35 MILLION VACCINES SUPPOSED TO
MILLION VACCINES SUPPOSED TO BESHIPPED FROM AUSTRALIA TO
BESHIPPED FROM AUSTRALIA TO U.S., THEY DID NOT SEND THEM
U.S., THEY DID NOT SEND THEM WE HAD TROUBLE WITH CANADA,
WE HAD TROUBLE WITH CANADA, AND GREAT BRITAIN GETTING
AND GREAT BRITAIN GETTING STUFF THE POINT I THINK, AN
STUFF THE POINT I THINK, AN INTERESTING ONE, IS THAT IT IS
INTERESTING ONE, IS THAT IT IS GOING TO BE REALLY IMPORTANT
GOING TO BE REALLY IMPORTANT FOR US, TO ONSHORE OUR
FOR US, TO ONSHORE OUR PHARMACEUTICAL MANUFACTURING
PHARMACEUTICAL MANUFACTURING AS WELL AS OUR MEDICAL
AS WELL AS OUR MEDICAL SUPPLIES, THE END HE OF 9 --
SUPPLIES, THE END HE OF 9 -- N95S MASKS RESPIRATOR MASK
N95S MASKS RESPIRATOR MASK HEALTH CARE PROFESSIONALS
HEALTH CARE PROFESSIONALS ISSUE GOING TO NEED TO FIGHT
ISSUE GOING TO NEED TO FIGHT THINGS, LIKE SEASONAL FLU AND
THINGS, LIKE SEASONAL FLU AND CORONAVIRUS, CHINA HAS --
CORONAVIRUS, CHINA HAS -- ELIMINATED ALL EXPORTS.
ELIMINATED ALL EXPORTS. AND NATIONALIZED FOREIGN
AND NATIONALIZED FOREIGN COMPANIES LIKE 3M TAKEN THEM
COMPANIES LIKE 3M TAKEN THEM OVER UNDERSCORES NEED FOR US
OVER UNDERSCORES NEED FOR US TO FOCUS ONSHORE AT LEAST SOME
TO FOCUS ONSHORE AT LEAST SOME CAPACITY.
CAPACITY. >> THAT IS WHAT THE PRESIDENT
>> THAT IS WHAT THE PRESIDENT HAS BEEN TRYING TO DO WITH
HAS BEEN TRYING TO DO WITH USMCA, AND CHINA DETAIL CHINA
USMCA, AND CHINA DETAIL CHINA BRINGING MANUFACTURING TO U.S.
BRINGING MANUFACTURING TO U.S. ALL THINGS THAT WE NEED BUT I
ALL THINGS THAT WE NEED BUT I GOT TO GET TO TWO O MORE
GOT TO GET TO TWO O MORE THINGS I WANT TO GET YOUR TAKE
THINGS I WANT TO GET YOUR TAKE OWN SECRETARY OF STATE POMPEO
OWN SECRETARY OF STATE POMPEO SPEECH AT GOVERNORS TAKE WHAT
SPEECH AT GOVERNORS TAKE WHAT YOU HAVE BEEN DOING IN TERMS
YOU HAVE BEEN DOING IN TERMS OF COUNTERFEITING I’VE GOT TO
OF COUNTERFEITING I’VE GOT TO ASK YOU ABOUT THE TRUST ISSUE
ASK YOU ABOUT THE TRUST ISSUE WITH CHINA, THEY KNEW THAT
WITH CHINA, THEY KNEW THAT CORONAVIRUS HAPPENED IN
CORONAVIRUS HAPPENED IN DECEMBER.
DECEMBER. THEY SENT A DELEGATION TO
THEY SENT A DELEGATION TO WHITE HOUSE SHAKE EVERYBODY’S
WHITE HOUSE SHAKE EVERYBODY’S HANDS, KNEW THAT THEY HAD THIS
HANDS, KNEW THAT THEY HAD THIS -- VIRUS THAT HAD STARTED,
-- VIRUS THAT HAD STARTED, WITH PHASE ONE THEN SENT AT
WITH PHASE ONE THEN SENT AT THE LARGEST DELEGATION EVER TO
THE LARGEST DELEGATION EVER TO DAVOS NOW THE AMBASSADOR TO
DAVOS NOW THE AMBASSADOR TO CHINA WAS ON ONE SUNDAY SHOW
CHINA WAS ON ONE SUNDAY SHOW THIS WEEKEND, AND HE DID NOT
THIS WEEKEND, AND HE DID NOT DENY THAT CORONAVIRUS COULD
DENY THAT CORONAVIRUS COULD HAVE STARTED COULD HAVE
HAVE STARTED COULD HAVE STARTED IN A WEAPONS LAB.
STARTED IN A WEAPONS LAB. I MEAN THIS IS HUGE STUFF.
I MEAN THIS IS HUGE STUFF. I MEAN HE WHERE WILL NEED A
I MEAN HE WHERE WILL NEED A FOLLOW-UP ON THIS HE DIDN’T
FOLLOW-UP ON THIS HE DIDN’T DENY IT, SENATOR TOM COTTON
DENY IT, SENATOR TOM COTTON HAS BEEN TWEETING ETH ABOUT
HAS BEEN TWEETING ETH ABOUT THIS.
THIS. DO WE KNOW IF THIS STARTED IN
DO WE KNOW IF THIS STARTED IN RESEARCH LAB HOW HE COME THINK
RESEARCH LAB HOW HE COME THINK WON’T ALLOW CDC IN THERE TO
WON’T ALLOW CDC IN THERE TO BETTER UNDERSTAND HOW THIS
BETTER UNDERSTAND HOW THIS STARTED, BECAUSE IF THEY
STARTED, BECAUSE IF THEY STARTED THIS IN A WEAPONS LAB,
STARTED THIS IN A WEAPONS LAB, THAT IS EVIDENCE THAT THEY ARE
THAT IS EVIDENCE THAT THEY ARE DEVELOPING TRYING TO DEVELOP
DEVELOPING TRYING TO DEVELOP WEAPONS OF MASS DESTRUCTION
WEAPONS OF MASS DESTRUCTION BIOLOGICAL WEAPONS.
BIOLOGICAL WEAPONS. >> START OUT ON -- IMPACT A
>> START OUT ON -- IMPACT A LOT OF THINGS THAT IS GOING ON
LOT OF THINGS THAT IS GOING ON THERE, I THINK THAT THE
THERE, I THINK THAT THE QUESTION OF HOW THIS STARTED,
QUESTION OF HOW THIS STARTED, ULTIMATELY HAS TO BE ANSWERED.
ULTIMATELY HAS TO BE ANSWERED. I DON’T THINK NOW IS
I DON’T THINK NOW IS NECESSARILY THE TIME TO DO
NECESSARILY THE TIME TO DO THAT BECAUSE WHAT WE HAVE TO
THAT BECAUSE WHAT WE HAVE TO DO IS FIGHT THE CRISIS FIRST
DO IS FIGHT THE CRISIS FIRST BUT CHINA WILL HAVE TO BE HELD
BUT CHINA WILL HAVE TO BE HELD ACCOUNTABLE FOR HOW THAT
ACCOUNTABLE FOR HOW THAT STARTED.
STARTED. I 14 YEARS AGO WHEN A BOOK THE
I 14 YEARS AGO WHEN A BOOK THE COMING CHINA WARS THAT I WROTE
COMING CHINA WARS THAT I WROTE I PREDICTED A PANDEMIC FROM
I PREDICTED A PANDEMIC FROM VIRUS FROM CHINA PRECISELY
VIRUS FROM CHINA PRECISELY BECAUSE OF THE WAY THEY RUN
BECAUSE OF THE WAY THEY RUN THEIR COUNTRY, IN TERMS OF
THEIR COUNTRY, IN TERMS OF ANIMAL HUSBANDRY PRACTICES
ANIMAL HUSBANDRY PRACTICES WHETHER THAT OR OTHER THINGS I
WHETHER THAT OR OTHER THINGS I AM NOT -- BATS OR OTHER THINGS
AM NOT -- BATS OR OTHER THINGS I AM NOT SURE AT THIS POINT
I AM NOT SURE AT THIS POINT BUT I WAS VERY SURPRISED THAT
BUT I WAS VERY SURPRISED THAT THE CHINESE AMBASSADOR DID NOT
THE CHINESE AMBASSADOR DID NOT ANSWER THAT QUESTION.
ANSWER THAT QUESTION. >> MIKE POMPEO WAS AT
>> MIKE POMPEO WAS AT GOVERNOR’S ASSOCIATION TALKING
GOVERNOR’S ASSOCIATION TALKING ABOUT THE WAY THAT CHINA TRIES
ABOUT THE WAY THAT CHINA TRIES TO DOMINATE ARE THEY TRACKING
TO DOMINATE ARE THEY TRACKING AMERICANS REGULARLY?
AMERICANS REGULARLY? I KNOW TRACKING THE CHINESE
I KNOW TRACKING THE CHINESE CITIZENS, BUT ARE THEY ALSO
CITIZENS, BUT ARE THEY ALSO TRACKING US HERE?
TRACKING US HERE? >> WE’RE -- WE’RE ALL TARGETS
>> WE’RE -- WE’RE ALL TARGETS POLITICALLY AND IT GOES DOWN
POLITICALLY AND IT GOES DOWN AS SECRETARY POMPEO NOTED IN
AS SECRETARY POMPEO NOTED IN HIS SPEECH TO THE STATE AND
HIS SPEECH TO THE STATE AND LOCAL LEVELS IT IS -- CHINA
LOCAL LEVELS IT IS -- CHINA DEAL WITH CHINA, THEY ARE
DEAL WITH CHINA, THEY ARE AUTHORITARIAN CRUNCH DON’T
AUTHORITARIAN CRUNCH DON’T ALLOW US TO GO OVER THERE, AND
ALLOW US TO GO OVER THERE, AND TRY TO INFLUENCE THEIR
TRY TO INFLUENCE THEIR POLITICAL SYSTEM, WE HAVE NO
POLITICAL SYSTEM, WE HAVE NO INTENTION OF DOING THAT.
INTENTION OF DOING THAT. BUT THEY DO COME HERE,
BUT THEY DO COME HERE, CERTAINLY DO THAT THAT SPEECH
CERTAINLY DO THAT THAT SPEECH I URGE EVERYBODY WATCH ON
I URGE EVERYBODY WATCH ON YOUTUBE READ IT, BECAUSE IT
YOUTUBE READ IT, BECAUSE IT IDENTIFIES THOUSAND TALENTS
IDENTIFIES THOUSAND TALENTS PROGRAM AS WELL AS PRECIOUS
PROGRAM AS WELL AS PRECIOUS THAT CHINA PUTS.

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