Page 327 - Ttp News Today

This was before this voter fraud comment last night but just about -- it was after the fact that trump had gone to the central intelligence agency and lied to them that it was our fault in the media that he had seen between 1-1 point 5 people on the mall and we were lying about it when pressed mccain said he couldnt have confidence in the president because so many cant contradictory statements have been made. they want to give him a happy honeymoon, but they dont like him calling up companies an...

On china on the ttp to keep china in check, what is the deal? >> he talked about how to put ameri american interests first and then pulls out of ttp, and now china says theyre moving forward with their own yesterday. the president said yesterday he wants to pursue buy lateral agreements and relationships with the country, that can be a very long process if youre trying to do bilateral agreements, you have just offered china the runway to exert power, and missed the option to keep power in check.

Has details on this plan that donald trump says he is working on. back to you. >> that communication on the details. m.j. lee. thank you so much. >> the white house briefing that just wrapped moments ago suddenly now the story here, president trump according to his press secretary still believes that there was voter fraud in the election. what evidence does he have? is there an investigation? and the trump administration is withdrawing from ttp, but is china now entering into a trade partnership...

Theory. it doesnt necessarily work. the company ceos trump met with, they like trade deals because companies find that more profitable. they outsource their jobs to wherever the wages are lowest. what tends to happen is that doesnt get passed onto workers, so thats why he got applause in the room when he announced to union labor leaders that he scrapped ttp. workers dont like trade deals. companies love them. >> that really helps with some context. appreciate it. lets go even deeper now. joining...

Alibaba a couplweek o, that was part of the point. theres a huge market issue there. but in a large -- inancases, its not a two-way street. theres so many chinese businesses and individuals, frankly, who can have ease of access in the united states to sell their goods or services. and i think that whether or not youre talking about the financial services or the banking -- you know, the other service industries, our manufacturing goods and services, or some of the ip problems we have with china, ...

Styles himself as a negotiator. >> let me play sound from sean spicer because he was asked about withdrawing from the ttp. heres how he explained why theyre doing it. >> when you enter into these multinational agreements, youre allowing any country, any one of the 12, including us, to basically have the same stature as the united states in the agreement. were basically on par with some very small companies getting access to an amazing market, the united states, and in return were negotiating at ...

Tax donald trump keeps fl threatening countries with. you cant do that under nafta. you can make anything in mexico and canada and import it into the united states, generally anything. if he doesnt get rid of naf tashgs he cant do that. currently nafta allowed the u.s. to export $270 billion worth of dwoo good and services to canada and mexico. thats mainly heavy machinery, petroleum and agricultural product. canada and mexico remain the u.s.s largest export destinations. people who support naft...

Workers first and foremost and one that assures the rest of the world that the way we negotiate bilateral agreements is going to ensure that we get something out of these deals. as i mentioned to john a minute ago, the problem with multilateral agreements is often is becomes the lowest common denominator on so many things. for the u.s. that has low tariffs and other service industry benefits for countries, we have to make sure were going out and fighting for the american worker. jennifer? >> you...

We mentioned this was happening just before the break. we want to show you pictures coming in from the white house. president trump, obviously, in the room with attendees who come d from a variety of different unions. lets listen to what h says. >> thousands and thousands and thousands of you, as you can say, you know that better than anybody. we just officially terminated ttp. [ applause ] just signed a document, very powerful document. were going to have one-on-one. if somebody misbehaves, wer...

Rules country by country. has much less impact in terms of boosting u.s. exports and creating new opportunities. if youre thinking about the big question, which is leverage against china, its much better to have a dozen countries, including big xhis like japan, on the u.s. side than it is to go one-on-one against china. ttp is a set of rules that very much favors the united states. united states had the largest hand in writing them. im not saying ttp is perfect. in fact, i would have argued pres...