Page 1197 - Leverage News Today

From china just since january 2015. her business is still going on in china. donald trump does business in china. can you talk about the interconnectedness, john, about the u.s. and china economies? >> the global economy all over the world as interconnected supply chains, commerce back and forth. thats whats transformed the economy over the last 20 to 30 years. it was negotiated by president george bush, negotiated by president obama and then scuttled by president trump. that was an attempt to a...

That if hes not nervous about this latest move from china and what that means, hes worried. it just reads that way. >> and listen, if youre china, if youre president xi, youre president for life. and he goes in to 2020 and donald trump doesnt -- i dont know that he gains leverage with china going into 2020. hes the one who has got his back up against the wall in terms of the economy and what the economy means for his reelection chances. so president xi is playing a pretty strong hand at this poi...

The u.s. would then have to go back to japan and say can we share that with south korea, they would have to give permission either way, and then it would be relayed to south korea. youre talking about information that could be greatly delayed if even not transmitted at all. so there is a danger in all of that. the same general, army general vincent brooks, now retired, he stresses, though, there is a period of time now that this could all be worked out. take a listen. >> so the next 90 days will...

Prior to this pact being in place the commander who was in jarj at the time, army general vincent brooks, he explained that it was incredibly inefficient to try to share intel. japan would have something that they see as important, they would tell the u.s., the u.s. would say, well, that affects south korea, we have to tell south korea, but they would have to go back to japan to get permission to relay that to south korea. there was this back and forth that was seemingly unnecessary. when the pa...

Here. so as it was explained to me by the former commander of u.s.-south korean forces, the man who oversaw some 650,000 combined u.s.-south korean troops up in november of last year, he said essentially this would be japan perhaps using one. their satellites, noticing something in the northern part of korea, telling the united states about it, the united states would deem that potentially a threat to south korea, would have to go back to japan say, can we tell south korea about this? if they ge...

Happening. the president making a number of declarations on twitter including this, "our great american companies are hereby ordered to immediately start looking for an alternative to china, including bringing your companies home and making your products in the usa." scott jennings, i dont know about you, im not sure what that order is. is the president -- the president trying to order companies to bend to his will? is this a royal declaration? in some ways it sounds a lot like socialism. >> i r...

Who has told people privately that he thinks it will be okay if the u.s. does no trade with china. so who seems quite comfortable in the private conversations with the idea of a decoupling with china. none of that is pointing towards a deal with china. >> david ignatius, this was the entire rationale we were told for the trade war, for the imposition of tariffs on china, which was it was going to be leverage to bring china to the trade table and now that is tough to improbable in the view of the...

President that suggests he doesnt have the leverage he thinks he does and hes losing badly to china. >> and jeff mason, youre going to be on air force one at 11:00 tonight flying to this summit. this president right now is not surrounded by senior people, theres a disagreement among his trade advisors, economic advisors, he just did decide in favor of mike pompeo and the state department against mick mulvaney, the acting chief of staff who wanted $4 billion taken out of this years current spendi...

Created a certain amount of leverage in his initial threatening of putting tariffs on. you have to translate to actual agreements. thats the hard part. its easy to impose tariffs. its hard to take them off. once tariffs are in place for a while, people get used to them. >> let me get back to ben. i think we ought to fight with china. trump may be doing it the wrong way. the culture is so long term. their indifference curve is so long. theyll take eons to get what they want to get. let me ask you...

The trade agreement that we negotiated, the transpacific partnership, with a number of the leading asia pacific economies, was meant to give president of the united states greater leverage for that type of confrontation. i think what you need to do -- >> youre so right. but hillary wouldnt go along with it. >> that was a mistake by hillary. and frankly, i think the democrats have to learn, too, chris, look, its not just about free trade. its about trade agreements that can work for american busi...