Page 421 - Predecessors News Today

Country for being able to take advantage of another country for the benefit of its citizens? i give china great credit. >> far cry from the language antoine we heard from candidate trump when he was back on the trail who accused china of being an economic enemy. so lets start there. graham alison is with us, professor at the harvard kennedy school. graham, so nice to have you on. just on china and the change of tone, i mean he had once accused china of raping the u.s. and now this. >> well, trum...

Get tax reform passed. but there is a problem for republicans. their plan appears to break two key promises. >> president trump making a major switch in his china trade position. he went from blaming them for currency manipulation and reigning the united states to not blaming them at all. his predecessors are to blame for what he called an unfair and one-sided economic relationship. and turning up the pressure. we now have information at cnn that president trumps fired national security adviser ...

Gains. >> i dont know if that was a little bit of confusion there from the president that you cant blame a country for taking advantage of your country. its a sharp change in tone from candidate trump who made china a centerpiece of campaign rallies. really demonizing china. threaten to impose tariffs and said he would declare china a currency manipulator on day one. now trump is still talking about an economic and balance but as you heard, the tone is much friendlier. hes showering the chinese ...

But in actuality, i do blame past administrations for allowing this out-of-control trade deficit to take place and to grow. >> shepard: according to a "washington post" reporter in attendance, there was a gasp from reporters when the president made those comments. rich edson is at the state department with reaction this afternoon. rich? >> secretary of state rex tillerson says that president trump was a little tongue in cheek when he made that remark, but there was a lot of truth for that. how c...

After all, who can blame a country for being able to take advantage of another country for the benefit of its citizens? peter alexander live in beijing. the trade deficit since president trump in office -- is in office, has only gotten bigger. the trump administration hasnt done anything to improve this. what does it say to the american worker that he gives china great credit for doing this? >> yeah, remember, it was a year ago, that you just played, he said it was the greatest theft hes ever se...

Policy from this chinese president? president trump receiving a regal welcome in china with new signs the flattery from president xi jinping may be working. mr. trump dramatically softening his once stern message to china on trade. >> i dont blame china. after all, who can blame a country for being able to take advantage of another country for the benefit of its citizens. i give china great credit. >> reporter: those words a far cry from his rhetoric on the campaign trail. >> china is taking our...

>> well, those are slightly different versions of donald trump when it comes to china. on the trail, candidate trump promised to confront china over its trade profits, threatening to slap a huge tariff on their exports and even calling them a currency manipulator. but today he took the blame off china and laid it at the feet of his predecessors. author of the new book "the quantum spy" a thriller. unfortunately we just lost david igantius. you saw him for half a second and he left. its interesti...

Exactly one year ago, exactly a year ago on election night, president trumps victory tanked global markets. do you remember? dell futures plunged 900 points when it was clear that he won the election. but by morning, investors completely flipped that around and turned optimistic and the dow spiked more than 250 points, hitting a record high. that was more than 70 record highs that was set in the trump administration. its now up 30% from the moment when futures were down 900 and global markets we...

Around. the dow spiked 250 points, hitting a record high the day after the election. that was the first of more than 70 records the dow hit during trumps first year, smashing through 20,000, then 21, then 22, then 23,000. unlike most predecessors, trump takes credit for wall streets rise and credit where its due. tax reform and deregulation are boosting the rally. this market is not all trump. look at this. corporate profits and recovering u.s. economy is driving this, too. the current rise is b...

Seeing some change. do you feel as though the country has changed as the economy grows and militarily we are flexing our muscle? >> yeah. i think the economy has changed and our country has changed. we cannot negate the fact that there have been promises made that have not been kept. if we look last night what has been seen as a referendum trump administration. you see a lot of people saying you know what? we voted for you and wanted to see some change and we havent seen anything. if you compare...