Page 7 - Trade Problems News Today

Else that did it to them. as and china becomes a focus as the u.s. largest creditor and there becomes hostility between china and the rest of the world, if that occurs, not over a year or two but over decades, you could have major trade problems, major economic problems, and potentially military problems. >> how does this -- how does this solve that? >> by the way, before we get to the solution, those problems are already occurring between china and japan, between china and europe on certain typ...

Bucket and again, what we need -- what it completely omits is growth in our economy. part of this also, which unfortunately im not sure how much the president dealt with when he was dealing with china were the trade problems, chinas manipulation of currency and cheating with patents and copyrights and requirements companies have to go through to sell them anything is bloodying us to death and is another element we can look at for growing our economy but the idea of freezing things and somehow co...

Group of people aware of the trade problems of the banking problems of the health care problems of the tax code problems and have a huge motivation to do something about it, but quite honestly respect quite sure what to do, they are very frustrated and very frustrating to learn how rig and screwed up the poll advice and cant do anything about t you were trying to organize a job movement in this country around things that can be done, where would you begin? >> i would begin with the trade with ch...

Come. so you know, if obama wants to get serious about fixing trade, fixing the banks, doing business with china, restoring bank capital, we can get people to work. >> the president this week had a press conference where he talked about -- or an availability at the export/import bank where he said, look, i have named this exhort council. we are going to double american exports over the next five years. i mean, thats a tall order and a high -- a high mark to try to hit. i want you to listen to wh...

I want you to listen to what the president said and tell me, do you think he can do it with the policies that youve seen? lets listen. >> we cant be satisfied with being number one right now. we shouldnt assume that our leadership is guaranteed. when other markets are growing and other nations are competing, weve got to get even better. we need to secure our companies a level playing field, guarantee american workers a fair shake. in other words, we need to up our game. >> peter, if we up other ...

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 their global economic growth has told that the greatest risk especially our . 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 they leave the outlook for the u.s. stable but t...

I want to end by saying we have a team thats second to none. when everybody is assembled and fully in gear after these two orders, i thinits going t b something very special. id like to ask wilbur to say a few words then peter, you say a few words, and were all set. our vice president -- i think im speaking for both, but im not 100% sure, i will tell you one thing, he has one hell of a good marriage going. come on, wilbur. >> thank you, mr. president. if anyone had any doubt about the presidents...

Fundamental structural problems the state budget deficits, federal budget deficit, trade problems with china and independence on imported oil the congress and the president, both parties, have been unwilling to focus. were not going to get there from here. the economy is cruising along like an airplane flying at 1,000 feet. it can fly at that level. if anything goes wrong, it crashes. thats what an economy at 3% is. its cruising along but it wouldnt do much to derail it or sink it. california ...