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Detailed text transcripts for TV channel - MSNBC - 20190807:17:35:00

cheaper and could give them what the u.s. calls unfair competitive advantage in international trade. why do you care about this? say you are at the store looking to buy air conditioner. the one made in china used to be $200. you are incline to buy the ones that are made in china. the chinese made air conditioner. for argument sake, the american make conditioners for $250 and the chinese make conditioners for $250. now it may makes sense to buy the one made in usa and support american jobs. now, china manipulates its currency to work around its tariffs. they make their currency worth less which means you get more than a dollar. that s now available for $200

Transcripts for CNN CNN Newsroom With Carol Costello 20150824 13:08:00

at of lot of professional investors are saying there s room to move. oil below $40. the first time since 2009. yeah. you look at what oil has done since last summer. look where we are now. a year ago oil was over $100 a barrel. it s hitting below $40 a barrel. that commodity is pretty much tanking. we can essentially say you don t ever want to see a commodity do that sort of spiral seemingly out of control. it s a demand issue. it s a demand issue and we go to china. everybody knows that china manipulates but orgestra s orss in the wheel of the markets. what else is going on? what is china not telling us. the way investors see it is the government is losing control of engineering how china s data is

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