president that tariffs are hurting american companies and consumers. my colleague, jake tapper, asked peter navarro about that and let me play what the pushback and explanation was for why that wasn't an admission on the part of the president. >> i was in the oval office when we had executives come in and they said, look, let's wait until december 15th, because we've bought all of our stuff that's going to be on the shelves and we did it in dollar-based contracts, which mean we don't have any ability to shift the burden to the chinese. but what we're also doing, mr. president, is we're moving our supply chain and manufacturing out of china as fast as we can. >> does that explanation make sense to you? >> i think there's something to that. i don't think that's completely wrong. i think the bigger issue here is, you know, is the white house, even as they have this