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Detailed text transcripts for TV channel - MSNBC - 20180308:11:52:00

quite frankly think he s going to undermine the rest that they ve done. any economic growth is at risk because of this plan. john heilemann, i don t think i ve seen republican on the hill as united against the president since he tweeted out about mika last summer. it s true. look, this is obviously what piece of republican orthodoxy, it s a piece of bipartisan orthodoxy that free trade is a good thing. everybody talks in this context about goes back to smoot-hawley and says look how bad smoot-hawley was, it was obviously bad but we have a more recent precedent. in the bush administration we had tariffs on the same industry, on the steel industry. just talk about how that worked out. you don t have to have a long memory to go back to that one-year experiment in steel tariffs to discover what the economic impact will be on the united states. this type of intervention costs roughly on the order of a million dollars for every job preserved, which is a rather high price tag to pay.

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