Trump: Russia Interference: "All A Big Hoax"; JPMorgan Chase CEO: "Torturing" Mexico Is Dead Wrong.
ROMANS: President Trump is right back where he started a week ago. He is questioning whether Russia interfered in the U.S. election. He spent much of last week trying to convince everyone, he believed the intel after he stood alongside Vladimir Putin and questioned it. But now the president again scoffing at the conclusion of the U.S. intelligence, "So, President Obama knew about Russia before the election. Why didn't he do something about it? Why didn't he tell our campaign? Because it was all a big hoax."</s>BRIGGS: For the record, the president was briefed about the potential Russian interference in August of 2016. Even before his tweet last night, GOP leaders were raising concerns.</s>REPRESENTATIVE TREY GOWDY (R), SOUTH CAROLINA: The evidence is overwhelming. The president either needs to rely on the people that he has chosen to advise him, or those advisers need to reevaluate whether or not they can serve in this administration, but the disconnect cannot continue.</s>SENATOR LINDSEY GRAHAM (R), SOUTH CAROLINA: He has changed his mind four times this week. You did not collude with the Russians. I have not seen the evidence, but Mr. President, they meddled in the elections.</s>BRIGGS: Senator Lindsey Graham calling on President Trump to oppose new heavy-handed sanctions on Russia before Vladimir Putin visits Washington.</s>ROMANS: President Trump escalating trade threats against key American allies. One of the world's most powerful CEOs thinks it is just bad policy. I spoke to the head of JPMorgan Chase, Jamie Dimon, in an exclusive interview at the bank's Entrepreneurs' of Color Fund Event in Chicago. Now he said the president is right to target China on trade, but not about much else.</s>DIMON: The way to look at trade, the president has raised serious issues that are pretty accurate around China that need to be fixed. We want NAFTA done. I think Mexico is a wonderful neighbor. We want NAFTA done. To be torturing Mexico this way is dead wrong in my opinion and should be fixed. We thought that what the president should do is work with Mexico and Canada and do TPP and work with our European allies and Japanese allies and go to China with a common front. Not against them. This is the way the modern world should deal with trade particularly around IP and state enterprises, and all these various issues. You know, now we have kind of a little bit of a trade war or skirmish everyone defines with four allies and China. So, if somehow the president and his team is doing a great job, maybe we would have a great outcome. But I would remind folks the president's team has already said there would be no retaliation. They've already have been wrong. If you do another $200 billion of tariffs and national security about cars, I think that you are getting pretty close to having reversing some of the benefits that we've seen in the economy.</s>ROMANS: Trade advisers to the president in the White House tell me with the great confidence that the economy is so strong that this is exactly the time from them to be addressing these issues with China and Europe and bringing back steel jobs. Do you buy that? It is so strong?</s>DIMON: I don't buy that. I'd be skeptic. They're argument after the fact. I think you should the right thing in trade whether (inaudible).</s>ROMANS: He said he expects tit-for-tat retaliation from Beijing that it could be measured. He said the president should be ticked off at his trade team for engaging in all these fronts at the same time on trade. China should be the focus, not all other these other trade skirmishes.</s>BRIGGS: Wouldn't staying in TPP would have --</s>ROMANS: That's what he thinks. He thinks you need to take on China as a united front. That is what TPP was for and blunt against Chinese influence and the president didn't realize that.</s>BRIGGS: Tiger Woods in the lead halfway through the final round of the British open. Could he hang on to win the first major in a decade? Andy Scholes with the highs and lows in "The Bleacher Report" next.