Page 7 - 151 Billion News Today

We love the countries of the european union. but the european of course was set up to take advantage of the united states, to attack our piggy bank. right? and you know what, we cant let that happen. last year with european union we lost $151 billion on trade. we had a trade deficit of $151 billion because they sent the mercedes in, they send the bmws income if they send the products in. they said, no thank you, we dont like your product. thats not the way it works. for all those free traders ou...

And it cant be that way anymore. we lost $500 billion last year with china. we lost $151 billion with the european union, which puts up trade barriers so that our farmers cant trade. we cant send farm products in, for the most part. its very hard to send cars in. we have countries where, as an example, india, they charge as much as 100% tariff. we want the tariffs removed. what i would like to do and what i offered at the g-7, you remember, i said, lets drop all tariffs and all barriers. is ever...

Great. i was with harley-davidson, a great company from wisconsin. who has a harley-davidson? a lot of you. you know, harley-davidson makes great motorcycles. they were in my office. >> our allegiance will be to the american workers. >> so heres what he tweeted today. surprised that harley-davidson of all company would be the first to wave the right flag. i fought hard for them and ultimately they will not pay tariffs selling to the eu which has hurt us badly in trait, down $151 billion. taxes j...

$151 billion. taxes just a harley excuse. be patient. what is your reaction to that? >> do i believe that hardly doing this. it was one thing i will agree with. that they are using this as an excuse to take the jobs overseas. theyve shown that theyve taken jobs overseas and will continue. >> i appreciate your time. the author of makers and takers, a rise of finance in the fall. harley-davidson stands to lose $100 million a year. explain to us how tariffs work. >> theyre basically a tax on doing ...

Up 40 -- if you look at the kind of numbers we have picked up, its up almost 40%, the market. and the real market is the overall, and the overall is up much more than that. but we picked up about $8 trillion in value doing what were doing. now, weve got a little bit of uncertainty because of trade. to me there is no uncertainty, and to other people that happen to be smart, there is no uncertainty. but we cant allow the european union to take out $151 billion out of the united states. we cant all...

300% tariffs on darely products and many other things. its all working out great. its all working out great. i said, look, if you want to do that, were going to put a little tariff on your cars coming in. cars are the biggie. european union. we lost $151 billion last year with the european union. sounds nice. many of us originally came from somewhere in the european union. i had two parents, european union. our country lost $151 billion. they send the mercedes, bmws, everything. we tax them prac...

Up, its up almost 40%, and the real market is the overall and the all is much more than that. but we picked up about $8 trillion in value doing what were doing. and weve got a little bit of uncertainty because of this trade. to me, theres no uncertainty into other people that happen to be smart, there is no uncertainty. but we cant allow the european union to take out $151 billion at of the united states. we cant allow mexico to have a nafta deal that gives them over $100 billion, and i call it ...

You lost $500 billion last year with china. we lost $151 billion with a european union which -- our farmers cant trade. we cant send farm products in, its very hard to send cars and appear to be have countries where as an example, they charge as much as 100% tariff. we want the tariffs removed. what id like to do and often at the g7, i said lets drop all tariffs and all barriers. is everybody okay with that? and nobody said yes. i said wait a minute, youre complaining no tariffs and no barriers,...

You could tip the economy into recession and then what do you plan to do -- >> were so high up. we picked up 40 -- if you look at the kind of numbers weve picked up, its up almost 40%, the mark. the real market is the overall. and its up much more than that. but we picked up about $8 trillion in value doing what were doing. now weve got a little bit of uncertainty because of trade. to me, theres no uncertainty. to other people that happen to be smart, theres no uncertainty. but we cant allow the...

Just remember, were the bank. were the bank that everybody wants to steal from and plunder. and it cant be that way anymore. we lost $500 billion last year with china. we lost $151 billion with the european union, which puts up trade barriers so our farmers cant trade. we cant send farm product in for the most part. we want the tariffs removed. what i would like to do and what i offered at the g7, you remember. i said lets drop all tariffs and all barriers. is everybody okay with that? and nobod...