Page 3 - Trade Problem News Today

>> he came to see me, i said justin, he said no, no, we have no trade deficit with you. we have none. donald, please, nice guy, good-looking guy comes in. donald, we have no trade problem, because you know everyone is getting killed. i said justin, you knew. i didnt even know. josh, i had no idea. i said youre wrong. you know why? because were so stupid. [ laughter ] and i thought that was smart. >> the president is saying i didnt know, i had no idea. but i just said youre wrong. in order, he di...

We are, you know, 30 years later and one device theyve had in protection after another, and its still the same old story. now, we have a huge trade problem in this country. an 800 billion trade deficit is not anything to ignore. we have had a trade deficit for 43 years running, and if you want to know the truth, it adds up to 19 trillion of trade deficits over the last four decades. but steel is the least of our problem. the steel trade deficit is about 20 billion, which is 2%, and the argument ...

I dont think that the trade problem is anything other than bad trade deals with countries, which i hope is what trump is focusing on. >> trish: so bad trade deals with countries. >> yes. >> trish: and theres examples of that? >> yes. tppf was a big problem. i think also nafta has many provisions that make it very unfair and incorrect and not really free trade. the tppf, japanese nontariff were excluded. they shouldnt be executed. they put in all sorts of social issues -- >> trish: the intellectu...

Discussion with them about their expectations for an outcome, our expectations. i dont think we really scratched the surface. i think sending tweets in the dead of night or making statements that somehow if they take care of that north korea thing well somehow take care of the trade problem, i dont think it is a serious dialogue. i think we should have someone there in beijing sitting with the chinese and going over precisely what we are expecting and what they are expecting. and i dont think we...

Optically, its a great deal and for the workers that are going to be able to keep their jobs and to keep the ancillary impact, the economic impact. when this was first announced, the state said they were going to lose $100 million in economic impact by the loss of those thousand jobs. that was back in february and the whole trade problem and bad trade deals and the average worker at carrier makes about 24 to $26 an hour and the jobs were going to mexico and they were going to be $23 less than wh...

Shes in pits putsburgh. we missed you here on the set. donald trump got great headlines and "the new york times" called it a powerful tactical strike. base this deal is a win for donald trump? >> absolutely. opt cl optically, its a great deal and for the workers that are going to be able to keep their jobs and to keep the ancillary impact, the economic impact. when this was first announced, the state said they were going to lose $100 million in economic impact by the loss of those thousand jobs....

Secure the border and then look elsewhere. and look, some of the poorest towns in america areal a long th border. relocate the bases along our border and rejuvenate those towns and it secures it easily. >> and jonas? >> we dont have to spend more money, because the more thousands of kids sending to our country with the machete-wielding gangs are not only going to increase our costs, but one thing is about the freeing up trade, and we have trade problem to put the gangs out of business so that th...

>> which they are still doing it. so the accomplishment is saying something. >> but hes been praised by a number of foreign policy people from across the spectrum saying that was a good place to start. >> so rereceived praise is talked to people. neither of which solve our trade problem. >> but he has a coalition together. its not just us saying to china saying you cant manipulate currency. one other thing. with china, i think some of the leverage, as we were talking about before, they are also ...

Martha: he deserved it thats for sure. the donald blasting president obama yet again, this time over how hes handling the u.s.s relationship with china which has been a repetitive note from donald trump and he would say for very good reason. here is part ever a very strong letter from mr. trump here is a quote. how much more money are you going to permit china to take from our economy? isnt $370 billion a year enough? its time to wake up and realize that china is committing economic terrorism ag...

Thank you. >> thank you so much. >> thank you, academy. >> pretty good. a lot of thank yous. not enough. 15 there meaning the house or in this case your buddy, ed, was right again, when he suggested that we take the under. theres always next year. for those of you looking forward to a long shot. still ahead, you know the trade problem by now. billions of u.s. dollars flying out of our country. with them, american jobs. whats the solution to a rigged environment thats advocated by american corp...