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December 4, 2018
However theyre also unlikely to stand idly by while the trump administration batters their profit margins after all they export cars and components to the u.s. with a total of almost thirty billion dollars. and earlier i spoke to our washington correspondent stephanie mans and asked him whether the hardline u.s. trade representative robert lite high is a spell difficulties for european call make it. you know hes right as you said robert is a hawk when it comes to terrorist and hes definitely not...
December 4, 2018
Have constitutions coming in contradicting and republicans finally listening to them, i think it does allow us to see will the republicans be open to congressional hearings at all when it comes to oversight of his cabinet? that should be worrying for the president. >> bill, what do we do about saudi arabia though? i say this because i think about the cia and john brennans personal portfolio with saudi arabia. he was basically the one guy who was trying to keep saudi arabia from abandoning the ob...
December 3, 2018
Advisers are expressing caution. two of the people are not people who often agree, but the treasury secretary steven mnuchin saying this morning the details still need to be hammered out, saying i hope we can reach a real agreement. peter navarro is much of a hawk when it comes to china is saying talk is cheap. lets see what we agree to at the end of this 90-day negotiating period that could include another meeting and a face-to-face sit down between president trump and president xi and see what...
December 3, 2018
Disappointments. >> history here with china promises to be not very good. however, i will say this. the president, xi, has never been this involved. >> agreed to in principle according to president trump, reduce and improve the 40% tariff that china puts on u.s. cars, pledge to buy make more agricultural goods from the u.s u.s., and reclassify fentanyl as a controlled substance. >> this will include specific dates, specific action items. >> president trump agreed to postpone for 90 days a plan j...
December 3, 2018
Usmca is and a halfty 2.0. they didnt do much. but they did something and nafta 2.0 is better than the nafta we had several months ago so is this possibly going to be a winning strategy? because nafta 2.0 is going to likely pass. >> i would call it nafta 1.1. >> i get it. not 2.0. but its still more than 1. >> yeah. and i also think that we should credit peter navarro for being a hawk within the administration. i dont agree with the way that the administration is negotiating. i wish any other ad...
December 3, 2018
Right? then president trump won and gary cohen said get him out of the white house and he relegated him over to work with wilbur ross. he has now made this announcement that u.s. trade rep lighthouser in charge with talks with china. that is a big deal because if you remember when there was that surprise meeting when wil lawyer ross and navarro snuck into white house and got the president to agree to a meeting, that was just them. lighthouser was on the other side of the table. is it a positive ...
December 2, 2018
Steven kn steve mnuchin and the other corner though you have his trade advisor, peter navorro, whos an absolute hawk on this issue. he wants the president to take a tougher stance against china. it could be the battle of which side of this comes through with the president. well just have to wait and see. but in the meantime, united states has agreed to not automatically impose these tariffs that are set to take place in january. >> shawn, why is this trade truce happening now? are his moderate e...
December 1, 2018
Constant basis. there are some good signs. thank you. >> one interesting thing to note, the infamous china trade hawk peter navarro is going to be in tomorrows meeting. earlier this year, the treasury secretary steven mnuchin boxed navarro out of talks with china, so the fact the president wants him there, obviously to send a single to china that the president wants to hold a hard line in terms of trying to level that trade playing field. one of the incentives the white house is considering, sha...
December 1, 2018
Road policy, they want to build infrastructure projects around the world, a lot of them in developing nations that cant afford to do it, therefore the technology would be chinese and in that country would owe a lot of money to china, so china would, in effect own the infrastructure in the country. thats one of the things that the united states has become concerned about. who will be in the delegation meeting with xi jinping tonight? white house telling fox news it would be the president, secreta...
December 1, 2018
Well be meeting with president xi. in the meantime, our staff a working and we have a lot of very talented people working, larry kudlows representatives are dealing with them on a constant basis. theres some good signs. well see what happens. >> still a lot of work to do though to try to get some developments going between the united states and china. theres chinas issue of interrogatory -- intellectual property, and tariffs and other issues. one thing of note, the president has brought along hi...