Eupl Process Heavy Tariffs News Today

Put in jeopardy with this move. and i thought wilbur ross over the weekend suggesting this fluidity. it was a very hasty process of announcement. he is suggesting maybe the president will change his mind. this is the unpredictability that perhaps the president very deliberately wants people to be sitting with and uncomfortable with. >> is it flinching or the -- i wont say doubling down. because he has doubled or quadrupled that already. lets remind you here. this is why im telling you im doing t...

Hey, this has worked with me in my own business. why cant it work for the country? this, as david said, this is a way of bringing -- or his way of trying to bring canada and mexico to the table. the problem, as we have seen in the last couple days, is it rattles others in the republican party. it rattles world leaders and the markets. i think that the calculation in trumps mind is this is probably good politically and this is good strategically businesswise purchase but as were seeing, i mean, w...

You know, this is all happening as were renegotiating nafta. well hopefully come up with a nafta 2.0. theres heat and tension right now, you can feel it, between canada, united states and mexico and that is not a good situation for negotiating a new trade deal with them and i believe the big issue here is, can we get nafta renegotiated? i worked on that in the mid-1990s. it would be bad for the whole north american continent if we cant get that done. >> but this morning the president tweeting ab...

Hadnt been aware of it is factually inaccurate. what is very important is this president has said if this is going to help americans have more jobs, meaning we are going to have manufacturing here in the country, its a pledge he made during the campaign, now he is full fulginiti that -- >> how is he fulfilling the promise are tariffs? you want new trade deals, go ahead. tariffs is not a deal. it opens you up to retaliation. now he is going after canada and mexico. no one says it is a bad goal. l...

But even if tariffs save every one of the 140,000 or so steel jobs in america it at risk 5 million manufacturing and related jobs in industries that use steel. you likened the proposal to imposing sanctions on our own country, called it a crisis of logic and aggressive of tax on low-income families. not mincing words here. has there been any response to that op ed. >> donald trump who ive talked to many times about trade protectionism since i first started working with hip two years ago, knows m...

Domestically, there is opposition. on international level we know there is. in a phone call with prime minister theresa may she expressed deep concern about these tariffs. how much of that, though, could actually go to seeing some sort of reversal from the president or seeing him in any way change course? >> we will see. theres a lot of options here for the president right now. for example, one of the things being discussed is maybe we should just put these tariffs on china. im for getting reall...

The ability to decide what was going to happen on the clearances. john kelly has made that decision. >> under the category of chaos, we look at these tariffs. i understand, you understand what trumps disposition of in terms of muscling up and then falling back on a position. but tariffs are a dangerous thing to do that with. thats why he took people by surprise. this isnt what advisers wanted. people are telling him that isnt the intelligent way to do this. let us get people on board with it. he...

It is a terrible outcome. we have to do everything we can to avoid that and talk without preseason is one of those things. ofr the president said, yeah, well get in and give up our nuclear weapons. >> richard clark, thank you so much. great to have your perspective on the show. good to see you, sir. >> thank you, chris. >> erica? >> president trump wants to eupl process heavy tariffs on aluminum and steel. how will it affect you? cnn "money" has those answers next.

Thank you for being here. glad to have you. the president imposing tariffs despite resistance from top republicans. the president is tying them to issues with our neighbors, mexico and canada. gop leaders feel a trade war would hurt them badly in the midterms. >> the white house downplaying reports that the chief is threatening to leave while the fate of his son-in-law and daughter remaining uncertain. are they on their way out? we begin with caitlyn cole live at the white house >> reporter: goo...

Happened during president trumps speech at the gridiron dinner. we have more meat on the bones with whats going on with the dinner. the president is up and tweeting. it does seem these tariffs, in trumps mind, are bait to bring people to the table and cut better deals. people will say this is what hes a master of. whats the risk? >> well, lets just explain what he is suggesting there. because this caught my eye. saying the tariffs only come off, only half if we dont renegotiate nafta. is that ho...