Page 8 - Tariffs On News Today

That foreign countries will have to pay to the united states when every economist is trying to tell him they are simply sales taxes that the american consumer, the trump voter will have to pay. >> tariffs are taxes collected at the border, and when you have tariffs on, say, aluminum and steel, what youre doing is cutting the defense budget. that is, you are effectively cutting what the defense budget will buy thats made of aluminum and steel, which is almost everything the defense department buy...

Advancing the presidents views on tariffs and steve mnuchin, for instance the treasury secretary on the other side at one point saying were going to put the trade war on hold only to find its back on again. you have a conventional orthodox republican view that free trade is good, sort of fighting a losing battle in effect against the more protectionist wing of the white house which i think has the presidents sympathy. the president is more sympathetic to that point of view. you mentioned justin ...

People are locating plants here again. they might also be doing that because theyre worried the president might put tariffs on. right now,f we look at the impact of the discussion of the tariffs, if you estimate the overall manufacturing, its slightly positive. i think if you make a point thats right, that in the end were involved in an ongoing negotiation where were trying to pursue better trade deals that are more reciprocal, i think its one thing when people look at the presidents agenda and ...

Renegotiating nafta could get an extension of a carve-out. there has been a lot of friction with the europeans. the white house wanted them to accept some export yoquotas. they said well give you an exemption if you limit your exports and the europeans did not want to do that, and theyre not going to do that, and i think the president really wants these tariffs on. i dont think anybody has given him a reason he finds satisfactory to give them an exemption, so well have to see what happens. >> an...

Open with pretty new plants because its a relatively new industry of the 32 plants. 30 were closed and two were not doing well. since putting the tariffs on, the two are doing very well. 7 or 8 are going to be opening and a lot more will open. same thing with washing machines opinion we were having washing machines dumped all over the country. we put tariffs on. were now opening up and expanding companies that create and make, which is a big business, washing machines and dryers. the workers of ...

Closed and two were not doing well. since putting the tariffs on, the two are doing very well. seven or eight are going to be opening and a lot more will open. same thing with washing machines. we were having washing machines dumped all over the country. we put tariffs on, and we are now opening up and expanding companies that create and make, which is actually a very big business. washing machines and dryers. so the workers of our country know whats happening. we have companies moving up from m...

Very clever. im going to put tariffs on. they all scream please dont, please dont, mr. president. okay i wont. you know who is the boss in that relationship. pete: european union obviously impacted by the unfair trade practices of china. they see this president standing up and saying your state-run businesses, the way you subsidize them. all the things that you do lead to i want electric actual property theft. is europe just going to free ride off of americas willingness to stand up to china or ...

Jobs. the problem is that comes with immense debt, and it comes with inflation. thats where the high-risk, high reward is here. what he could have done instead of imposing trade sanctions, look at areas where we have a surplus. hes going after the sanctions and this could light something that, im not sure hes ready for the fire. >> ali, what are we likely to see from china and what the impact be on the average american? >> there will be two particular impacts. we listed the things and its going ...

Issues confronting the chancellor if you look at that this rather big trade deficit with germany. and the rather high e.u. tariffs on. imposed on the u.s. does trump have a point. no. well he has half a point which is the only point if you like that from the demonstrations in the obama administration completely agree with and theyre really not very many just maybe the only one is that they are upset about the german surface right so on that in that sense he has a point germany could do reasonabl...

So look, i ran against a guy, right. i never endorsed the guy. i dont like all the chaos. i dont like the divisions. but there was a fundamental difference between tillersons view of how to do things. because remember, as the ceo of exxon, he was making deals all over the world, okay, and he was traditional. trump is not traditional. he just is his own playbook -- >> only tillerson you could say its just tillerson but gary cohn is gone. how many names do you add to that list before you say its m...