Detailed text transcripts for TV channel - CNN - 20190811:17

Detailed text transcripts for TV channel - CNN - 20190811:17:31:00

security alliances. >> the background condition for this, larry, is that a lot of people feel that china essentially took away a large number of the industrial jobs, the manufacturing jobs in the united states through unfair trade practices. and, so, we have to stand up to them in some way. there is a lot of sympathy on both sides of the aisle. democrats, as you know, say that. is that fundamentally true? did china steal america's industrial base? >> no. when it's stated that boldly is much more wrong than right. the key point, fareed, is that people see the costs and they don't see the benefits. yes, there are imports from china and, yes, they sometimes displace u.s. jobs. but many of those imports don't reflect any kind of illegal trade practice. they simply reflect the fact

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