Detailed text transcripts for TV channel - CNN - 20190605:07

Detailed text transcripts for TV channel - CNN - 20190605:07:02:00

these tariffs. we have multiple studies showing the cost of the tariffs imposed already on china and other countries is being paid by american consumers. the second reason, of course, is it's going to screw up massively american supply chains, the auto industry in particular is heavily reliant on unfettered cross-border access. you know, a lot of stuff goes back and forth many times over the border. and it's going to hurt our ability to negotiate really hard with china, with the eu, with japan because we have turned around after signing a deal with mexico, the usmca, turning around and slapping tariffs on them. and of course if we do succeed in wrecking the mexican economy, what makes trump think that's going to reduce the number of people -- >> it's an incentive for them to -- >> on basically every metric, this is going to backfire. >> mike, why is the president

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