Page 6 - Tariffs On News Today

Consumers. that being said there is an argument the president is trying to negotiate from a position of strength and show the chinese he is not afraid to have tariffs on. and so perhaps he has more negotiating leverage and strength than any other president has had and maybe he will drive a better bargain. if the result is lower tariffs. the president said thats what he is fofrment and more free trade. im be happy it happened. if it devolves into a trade war im saying we shouldnt have done this. ...

Trade war is in fact, working would the presidents critics give him credit for that, here to discuss senior portfolio manager rick -- im sorry, alan. >> thats fine. rob: i want to bring up information on the screen here about this trade war, its about $250 billion is what the penalty we put on china is and u.s. consumers of that 250 billion are only going to feel the burden of 4.5% of that and 25% goes on chinese who are going to feel the impact of that and you say that thats because the perfect...

>> quite the contrary. they are a great negotiating tactic. the president is clear, he wants free and fair trade but if we dont get that, he was going to put tariffs on. there is no question whether it was mexico, canada, the e.u., or china, this is very effective in negotiating better deals. >> john: he said he will use this deal as a template for other deals that he wants to craft with the european union and with japan. can you apply the same rules to them as has worked here? >> many of the sa...

Procedure that the ustr went under, when theyre deciding what to put tariffs on, one of the things they had an eye on was how much does it harm the u.s. consumer? and i think that you would have to agree that u.s. markets are doing fine. u.s. gdp growth is very high. and even u.s. inflation doesnt seem out of control because those tariffs so far have been very well targeted. i think the hope is that china comes to the table and that we can move toward free and reciprocal trade. president trump e...

Partners racing toward economic suicide over tariffs. politically, it is no accidents that china is picking on farmers. >> from ceample fields to beijing markets a prolonged trade war represents most. >> china represents a billion-dollar market for us. >> buys 30% of the pecans grown in the united states. >> the big worry right now is what happens if we are in a prolonged dispute. >> at a recent california food expo the trump trade war took center stage. china is the states third largest export ...

The european union. they understood this was wrong. they had barriers. they would sell their cars, we couldnt sell cars to them. they would tax us, but we would tax them far less. by the way, ill give you one example. because it really works. when we build a car and sell it to china, they charge us a tariff of 25%. when they build a car and sell it into the united states, we charge them a tariff of 2.5%. by the way, they dont pay them.we get 2.5% and they get 25%. other than that its a very fair...

Now, on the european side, my question is, do the europeans get it yet? because they didnt believe that trump would pull out of the paris climate change agreement. they didnt believe he was going to pull out of the iran deal. they didnt believe he was going to put tariffs on. so if i were sitting in brussels, i would be coming to washington with something to offer trump, whether its a loosening of i dont know, agricultural tariffs. paul: no, that is not going to work. car tariffs its got to be. ...

Now, on the european side, my question is, do the europeans get it yet? because they didnt believe that trump would pull out of the paris climate change agreement. they didnt believe he was going to pull out of the iran deal. they didnt believe he was going to put tariffs on. so if i were sitting in brussels, i would be coming to washington with something to offer trump, whether its a loosening of i dont know, agricultural tariffs. paul: no, that is not going to work. car tariffs its got to be. ...

Market with cheap products americans are sending all of their money abroad thats a net outflow the value from the u.s. the stock market today more or less shrugged off the comments the tariffs on implemented yet and also we had earnings season which is kind of crowded out some of this noise that weve been hearing but make no mistake that is papering over the cracks because when we do if i should say we do see these tariffs implemented then we will see a severe reaction on the stock market and th...

Dont we need china to get north korea to denuclearize? >> $200 billion worth of goods, 90-day public comment period, trying to bring china to the table to further pressure north korea to the table to denuclearize, you would think you would want them on your side. the president made a comment saying that he hoped that china was not influencing the north koreans, taking a more belligerent tone toward the united states. which it has. china could sink this whole thing tomorrow with respect to north ...