Detailed text transcripts for TV channel - CNN - 20180809:08

Detailed text transcripts for TV channel - CNN - 20180809:08:07:00

phil. >> matthew, it wasn't just democrats, but republican chairman in the house asking to impose sanctions. another round could come in a couple of months. matthew chance, thank you. china vows to fight back against tariffs accusing the white house of having a mobster mentality. $16 billion of u.s. goods is direct response to the u.s. in the exact amount. if the trump administration quote cannot marshal its mobster mentali mentality, china has no choice but to fight back. so far, china has threatened up to $110 billion in u.s. goods. president trump has also threatened to target everything the u.s. buys or $500 billion in chinese goods. tariffs on either side would hurt consumers and businesses.

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