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August 15, 2019
Recessions here poppy when i talk to my sources are running really high. and that is largely because of the way president trump has been handling the trade war. the opening bell just rang here. ill give you that number in a second. but the recessions here are really tied to the way president trump has been handling this trade war. look, yesterday investors knew he was losing leverage and thats why you saw a big sell-off. he ended up tweeting and that just smacked of desperation. that accelerated...
August 15, 2019
Aluminum deal in kentucky -- critics of the deal both democrat and republican say it gives moscow political influence that could undermine national security. pointing to moscows use of economic leverage to sway european politics, they won this kentucky deal as a stalking horse for a new kind of russian meddling in america. shaping eastern policy in europe from the 1980s to 2017, thats what the russians do, insert themselves into a foreign economy and start to influence its politics from the insi...
August 15, 2019
Next gnatneighborhood and polic officers but were doing everything within our power to get him to come out. >> you say youve been in touch with his family. what are they saying? >> were just trying to do right now is do as much as we can to resolve this peacefully and so without getting into all of that at this point, were trying to use and leverage everything possible, multiple attempts to talk to him by myself and others trying to assure him im out front, you know, that he has the highest assu...
August 15, 2019
Message to the donald trump, get your act together because it does not look like the chinese are caving and this morning as john alluded to, those fears were realized with the chinese essentially saying they would launch counter measures because the u.s. violated the consensus that trump and xi reached at g-20, so hurt feelings on both sides. look, to a certain extent the selling yesterday told us that investors knew where this was heading, that trump was losing leverage and that the chinese wer...
August 15, 2019
The president has been tweeting all day about it. blaming the fed. are you concerned the economy may not be as robust as it seems? >> there have been concerns for a long time. that the economic recovery that began with the early president obama early years wouldnt go on for years. were seeing a lot of signs of instability as well as a business cycle that sooner or later turns just by the nature of economic cycles. whats troubling is this time around we have a president who seems determined to de...
August 15, 2019
Kongs special status for 50 years, one country, two systems in the is not simply an internal matter. this now an international matter in addition to the human rights, in addition to basically telling the chinese the whole world is watching and if you do this, we will recalibrate our relationship with you. and thats what we ought to be telling them. >> and ayman, past president, any other president would come out and say we stand for democracy, we stand nor thfor t western society in hong kong fi...
August 15, 2019
Using all your experience say hey, if you didnt do this, this is the stuff you could do to try and not make the situation worse. what would that involve? would that involve figuring out a way to get to the end of this trade war, or at least look like there is something going on there? would it be stop badgering the fed? what does success look like here for the president? >> well, it would involve pulling back on some of these tariffs and having a more rational approach to the trade war. remember...
August 15, 2019
>> you say youve been in touch with his family. what are they saying? >> were just trying to do right now is do as much as we can to resolve this peacefully and so without getting into all of that at this point, were trying to use and leverage everything possible, multiple attempts to talk to him by myself and others trying to assure him im out front, you know, that he has the highest assurance. hes not going to be harmed when he comes out. normally i wouldnt take this posture but i have police ...
August 15, 2019
>> well, it would involve pulling back on some of these tariffs and having a more rational approach to the trade war. remember, the president gave away some of his leverage at the beginning of his administration by pulling out of the transpacific partnership and alienating our allies both in asia and in europe and canada and mexico with all sorts of saber rattling about alleged economic misbehavior. you got to get allies together to confront china. the transpacific partnership was going to bring...
August 15, 2019
Would get those sanctions back or hed be further sanctioned in his business activities. he might have had to worry about that before mitch mcconnell did what he did. but now, oleg deripaskas business activities, the health of his business empire, thats part and parcel of the hard-scrabble economy in one of kentuckys neediest economies. this is a plant thats over a billion dollars. 40% owned by the company of this kremlin-connect bed oligarch. youre not going to be ablg to sanction him no matter ...