Page 1093 - Leverage News Today

Next? he joins me now. appreciate it. after a week, not the kind of history you hope to make when you go to congress but here we are nonetheless. the outrage from your colleagues on the right, i would often read on your face that you were picking up some it have as fained, like you were looking on like where is this coming from. do you believe some of their outrage of the process and outrage of how this was going was pretend? >> look, theres no question that they were talking about process for m...

President trump says hes reached a phase one deal with china. and some see it as a truce in the trade war. although wall street didnt seem to necessary believe the presidents words, had very mixed results on friday. how big a breakthrough do you think this is? >> its not much as far as i can see, although i havent seen the full text of the -- or the text of the agreement. because china needs american agricultural products. they certainly need our pork. they need our soybeans. theyre already impo...

In exchange, the white house says china pledges to bible i dont thinbuy -- buy billions n agriculture. marco rubio said the white house should consider the risk that will give you a wa away the tarf leverage on issues that matter the most, such as forced tech transfers and blocking u.s. firms access to key sectors. the administration wants china to stop stealing american firms trade secrets and quit forcing companies to hand over technology to operate in china and other demands. molly: joining u...

Sustained way because the kinds of incremental trade-offs that one can envision in a very rational negotiation, just arent happening. and north korea military technical capacity continues to grow and threaten the regional neighbors and potentially us as well. eric: the president is very proud of what he calls the beautiful relationship with champ kim. what should the president do directly on the telephone or community news with him and that went out and achieve anything. >> i cant emphasize enou...

Whole big untapped market of .5 billion people. many of the specifics of the deal are still unclear. secretary mnuchin says he expects u.s. and china to release more details soon. white house had says it agreed to scrap tariffs on about 160 billion dollars in chinese imports that were scheduled to begin tomorrow on items coming into the u.s. from china like smart phone and other electronics. the u.s. also agreed to cut rates on some existing tariffs. and maintain tariffs of 25% on about 250 bill...

Molly: does this mean anything for consumers now and in 2020? >> actually, not. the reasons is the tariffs really didnt hurt americans very much. the chais niece basically -- chinese basically cut their prices and devalued their currency. we also sourced products from other places. the bottom line, american consumers werent feeling it. the chinese were. we had a lot of leverage. well still have some leverage when were done. but the question is he really cant increase tariffs anymore once hes ins...

Progress on agriculture. the chinese cut back our exports of agricultural products and well get those back, most of them back. whether well make big gains, i dont know. if we dont, why did we go through all this and why is he giving up our leverage. china can only buy so much soybeans and theyre already buying them. theyll buy more pork because of swine flu. the reason we started this was manufacturing. they claim well get $150 billion in additional manufacture exports. thats going to be some tr...

And yet at a very human level it really did feel to me like a lot of you kept talking not because people were looking at the camera but if you felt like if you went five more minutes -- >> its true were exaggerating our own ability but we love our country, our democracy. the idea we have folks protecting this president whos abused his power and to cheat in an election, used hundreds of millions of dollars of taxpayer money as leverage. and remember ukraine is at the tip of the spear. this is an ...

Consider the risk that a near-tomorrow deal with china would give away the tariff leverage needed for a broader agreement on the issues needed the most such as subsidies, domestic firms, forced tech transfers and blocking u.s. firms access to key sectors. >> 100%. and the fact that rubio is saying that reflects something important which is that theres a consensus building on both the right and the left. hes not so different from elizabeth warren in terms of what he would say about china. theres ...

And obstruction of justice. give us the evidence. what are the democrats saying? why was there abuse of power and why was there obstruction of justice? excuse me, obstruction of congress. >> right. the abuse of power element, article, is based on the preside presidents interactions with the president of ukraine. not just his phone call, but the entire relationship leading up to his discovery of what he was doing. basically, the allegation is, by going to the government of ukraine, both directly ...