Doocy: This is the NEW idea for payback

S. BECAUSE NOTHING IS GOING TO GET. DONE. MEANWHILE, FOREIGN RELATIONS ARE. IN FOCUS AS PRESIDENT TRUMP. JUGGLE AS GROWING LIST OF GLOBAL. CHALLENGES FROM TRADE DISPUTE. WITH CHINA TO THE WAR IN IRAN. >> Brian: SENIOR WHITE HOUSE. CORRESPONDENT PETER DOOCY HAS. THIS STORY. PETER? PETER PERIOD GOOD MORNING. THE TREASURY DEPARTMENT IS. TAKING OVER THE IRAN WAR FROM. THE PENTAGON. SECRETARY OF STATE MARCO RUBIO. IS APPARENTLY TELLING AMERICAN. ALLIES IN THE GULF AND IN THE. MIDDLE EAST THAT THERE AREN'T. GOING TO BE ANY MORE BIG. MILITARY STRIKES AGAINST THE.

IRANIANS ANY TIME SOON AS THE. FOCUS SHIFTS TO ECONOMIC. PRESSURE. THAT IS ACCORDING TO AXIOS, THAT. IS AS PRESIDENT TRUMP POSTS ON. TRUTH SOCIAL. I HAVE JUST BEEN INFORMED BY THE. UNITED STATES NAVY THAT ALL. MINES HAVE BEEN REMOVED AND/OR. DETONATED FROM WITHIN THE. INTERNATIONAL WATERS OF THE. STRAIT OF HORMUZ. IRAN HAS BEEN NOTIFIED THAT ANY. SHIP OR BOAT PLACING NEW MINES. WILL BE IMMEDIATELY AND. SYSTEMATICALLY DESTROYED. IRAN ALLY RUSSIA JUST GOT A RARE. VISIT FROM THE CIA DIRECTOR JOHN. RATCLIFFE. THE CIA'S JET WAS IN MOSCOW.

THERE IS A LOT THAT WE DON'T. KNOW ABOUT THE AGENDA, BUT THE. U.S. IS STILL TRYING TO STOP. ARAB FROM SENDING WEAPONS TO. IRAN AND END THE UKRAINE RUSSIA. WAR AND TALK RUSSIA OUT OF. FUTURE INCURSIONS ELSEWHERE IN. EUROPE. CLOSER TO HOME, CANADA IS. RETALIATING AGAINST THE UNITED. STATES WITH SOME NEW TARIFFS, 50% ON AMERICAN STEEL AND. ALUMINUM PRODUCTS. 25% ON AMERICAN DAIRY, FISH AND. SEAFOOD AND 15% ON SELECT FARM. EQUIPMENT AND MACHINERY UP TO.

$20 BILLION. PRIME MINISTER CARNEY SAYS IN. THE FACE OF UNJUSTIFIED AMERICAN. TEARS, CANADIANS HAVE SHOWED. RESOLVE, PURPOSE AND STRENGTH. PRESIDENT TRUMP WAS ASKED IF. THIS ALL HAPPENED BECAUSE THE. CANADIANS MOVED THE GOAL POST. DURING NEGOTIATIONS. THE PRESIDENT SAYS THAT SOUNDS. LIKE ME THEY HAVE TO PAY A FAIR. AMOUNT. IF THEY DON'T PAY A FAIR AMOUNT. WE WILL MAKE A DEAL. THAT'S FINE. NEW IDEA FOR PAYBACK. HE POSTED THE UNITED STATES IS. GIVING SERIOUS CONSIDERATION FOR. CHANGING THE NAME OF LAKE.

ONTARIO TO LAKE AMERICA IN THAT. WE DON'T EXPECT TO BE DOING. BUSINESS WITH ONTARIO ANY. LONGER. THE PRESIDENT DID THIS A COUPLE. MONTHS AGO WITH THE GULF OF. MEXICO. NO REASON TO EXPECT HIM NOT TO. AT LEAST TRY WITH LAKE ONTARIO. AND, WHEN YOU TALK TO FOLKS. AROUND HERE ALL THE WAY UP TO. THE PRESIDENT, THEY WILL TELL. YOU HE THINKS THE HARDEST. COUNTRY TO DEAL WITH IS NOT. SOMEBODY THAT WE'RE AT WAR WITH. FOR EXAMPLE. IT IS CANADA. BACK TO YOU. >> Brian: HEY, PETER, IS THERE A.

REASON TO THINK THAT MAYBE THE. DOOR IS STILL OPEN? BECAUSE MOST OF THE TARIFFS GO. INTO PLAY IN JANUARY AND THEN. WAIT UNTIL SEPTEMBER 8TH IN. CANADA? DO YOU GET THE SENSE THAT BOTH. SIDES COULD REPROACH? >> Peter: YES, ABSOLUTELY. THAT'S KIND OF WHAT WE SAW WITH. LIBEL ENTER RATION DAY. PRESIDENT TRUMP WANTS TO GO WITH. MAXIMUM PRESSURE, ECONOMIC. PRESSURE TO MAKE THESE COUNTRIES. THAT HE THINKS HAVE BEEN GETTING. AWAY WITH MURDER IN THEIR TRADE. DEFICITS WITH THE UNITED STATES. TO MAKE THEM COME TO THE TABLE. AND SAY OKAY, WE WILL TRY NOT TO. TAKE QUITE SO MU.