Page 5 - Trade Problems News Today

Paul: was down. >> i know it is. still, for the year we will come in and i dont believe the forecasts by the goldman sachs people created recessions, its around the corner. the left looks at the situation today, they cant understand how it is trumps policies have created this prosperity. they have fallen back on this position, its sugar high. paul: sugar high. >> the problem, number one it isnt sugar high, its not like it expires next year, we have 5 more years of this. in my view the tax cuts a...

Will get 2 and a half percent. paul: was down. >> i know it is. still, for the year we will come in and i dont believe the forecasts by the goldman sachs people created recessions, its around the corner. the left looks at the situation today, they cant understand how it is trumps policies have created this prosperity. they have fallen back on this position, its sugar high. paul: sugar high. >> the problem, number one it isnt sugar high, its not like it expires next year, we have 5 more years of ...

We have a lot of other problems with china. we have primarily trade problems. and as you know, theyre having a much more difficult time now. i dont want them to have a difficult time. and were doing better than we have ever done. everybody talked about the tariffs, oh, the tariffs, tariff tarif tariffs. you know the tariffs ended in 9 1913. and then they went to a totally different system. then in 1928, you had the great depression, for a lot of different reasons, not our countrys fault, but a l...

With theft of intellectual property and a lot of other problems with china. primarily trade problems. as you know, they are having a much more difficult time. i dont want them to have a difficult time. we are doing better than we have ever done. everybody talked about the tariffs. tariffs ended in 1913. they then went to a different system in 1918. totally unrelated. in 1928, you had the great depression. for a lot of differently reasons. not are inially our countrys fault, but a little bit our ...

There is no immediate effect here so we heard a little already about chinas slowing growth how is all of this trade conflict affecting the prospects for economic growth. well we had a new report on monday from the international monetary fund and theyre actually saying that global economic growth has told that the greatest risk really are those trade. the trade problems and they have floored the i.m.f. has lowered the growth perspective for the european union for japan for the u.k. and so far the...

It was our idea because after two world wars we were tired of going in to rescue europe from themselves. we wanted the europeans to get together. we pushed for the e.u. and its been a fabulous success. are there trade problems other problems, of course. so lets deal with them. but lets not forget whatever our problems are now, its better than lets say d-day. >> dana: indeed. she might be in a no-win situation. daniel fried, thank you for being here. >> my pleasure. >> dana: we are learning the u...

Whi whitney, nice to have you on. >> thank you. >> larry kudlow said, no, no, no, it ns not a trade war, it just a family disagreement. is this a trade war? >> were not in a full trade war but there is a real chance this may escalate into a trade war. >> he says family disagreement. you said we are alienating all of our friend and partners at a time when we could really use their support. tell me why that is so important right now. >> well, on north korea for sure, but even in the trade world, w...

Trumps overall economic policies, which is trying to practice capitalism at home and mercantilism abroad and thats not going to work over the long term. >> its going to be an interesting week. macron in town, merkel later this week. the merkel meeting will be especially interesting because trump is always complaining about germanys trade surplus and, frankly, hes got a point. but germany runs a trade surplus. germany consumes less than it produces. the solution would be to get germany to save le...

Solving trade problems in the world. >> but not just trade problems, right? if you think about it, mr. secretary, theres an opportunity to address some of the international issues that were now facing. you think about china. the video of them still trading with the north koreans even though they signed on to sanctions. this is an opportunity for the president to say, listen, were serious about this. and we have some mighty economic power. so if youre not with the program, then we have the abilit...

Taxes on imports will not bring jobs back to pittsburgh. and you are talking about 140,000 jobs in steel industry versus 6.5 million jobs in the united states that rely on steel to make stuff. this will mean higher prices for consumers. how can the white house promise that the pro-growth tax cuts will not be undone or dented by trade problems? >> they can promise all they want until right before november when consumers and voters start seeing less moecney in the paychecks and higher tabs at the ...