Page 9 - Tip Theft News Today

Threats. overall, china is looking at a very big global problem if this does indeed go through because, as you know, their economy is slowing down a bit so that could actually have major global repercussions, peter. >> heres how larry kudlow sort of assessed the situation as it relates to china this morning. take a listen. >> china is in trouble right now. their economy is lousy. investors are walking out. the currency is falling. my opinion, china better take president trumps efforts to solve t...

United states than we export to china. we have a real imbalance. they have a different situation. xi has basic live lifetime power. they have a surplus. look, the president is probably doing the right thing by going after ip theft. it is dangerous to american companies and hasnt been addressed. >> those who support the president are saying about this. heres a compilation of those. for instance, congressman steve king of iowa, they are not as concerned about trade deficits as they are about this ...

Important issues. one is trade one is theft. on trade we run a trade deficit with china. we believe they have been unfair in their trade practices so the president is looking for ways to address that issue. at the same time, long term ip, intellectual properties. we believe that the chinese are making our companies enter into agreements or into negotiations with their companies that give them access to our iop. that is a problem. that is what we consider theft. so the reality of it long term is ...

Growth would be higher and welfare of poor citizens in every country would improve. and so i think that president trump is -- trying to move us toward a better world. and he didnt start this fight. china starts the fight. imagine if there were pirates raiding our ports and how the u.s. would respond. and so the ip theft that the u.s. t.r. put out is a damming document. the ip theft is serious and they need to stop and president trump is standing up to them. and i think in the end, the equilibriu...

Ive known kudlow for a long time. >> for sure, except for the fact that larry kudlow went on the -- was in the driveway and said there are companies who dont abide by the rules. im not saying amazon is one of them. so larry kudlow says that. you know who says the exact opposite? the man hes working for. and i want to show this. because just moments ago president trump took to twitter. the fake news "washington post," amazons chief lobbyist, has another of many phony headlines. trump defiant as c...

Down, you cant lose, which to me sounds contradictly from what weve heard from the presidents other people. >> look at the last line of his earlier tweet. >> thats not one. >> this is important as well. were not in a trade war with chiena. thats a bit of peasantry as to whether you are in a trade war yet. but we cannot let this continue. thats the important bit. thats t bithat says i will take action. what he did, of course, what the u.s. did yesterday announcing its planned tariffs on ip theft,...

It comes hours after new tariffs on $50 billion of chinese imports. the president warns this is the first of many. peter navarro, the director of the office of trade, was on erin burnet "out front." >> by cracking down on the ip theft and transfer, the outlook now of american corporations that have been stolen from by the chinese and going to china under burdensome and unfair conditions are brighter today than yesterday. >> that is the view from the white house. the view from wall street. the sh...

Steel pipe and 120 other products from the united states. tariffs will not take effect until next month after the public weighs in. china says the move is a direct response to the decision to impose tariffs on steel and alumin aluminum. it comes after the tariffs on $50 billion of chinese imports. specifically. the president warns this is the first of many. peter navarro, director of the office of trade, an architect of the strategy for the president. he was on "erin burnett out front." >> by cr...

Sanctions, we appreciate it. >> this is sort of businessman trump. this is what he does, he gets criticized for not having a coherent strategy towards china. what he does is he comes out really strong, and he hits china with everything. he goes through the litany of problems he sees they have, called them a currency manipulator. ip theft, et cetera. and then he backs off of it and in a way, the chinese can feel like they are getting a win here or hes meeting them in the middle. he goes really ha...

Sanctions, we appreciate it. >> this is sort of businessman trump. this is what he does, he gets criticized for not having a coherent strategy towards china. what he does is he comes out really strong, and he hits china with everything. he goes through the litany of problems he sees they have, called them a currency manipulator. ip theft, et cetera. and then he backs off of it and in a way, the chinese can feel like they are getting a win here or hes meeting them in the middle. he goes really ha...