Transcripts For CNNW CNN Tonight With Don Lemon 20190827 : v

CNNW CNN Tonight With Don Lemon August 27, 2019

This is cnn tonight. Im don lemon. Thank you for joining us. Were going to answer five Big Questions in the hour ahead. Why is President Trump at odds with the g7 allies over his trade war with china, the iran nuclear deal, and his insistence that russia be allowed back at the g7 table, and what are the potential National Security implications . Im going to ask the former director of national intelligence, mr. James clapper. What kind of impact is the worsening trade war with china having on americans . Were going to hear directly from a farmer and the owner of a manufacturing company. Is joe biden losing his big lead atop the democratic president ial race, and who is surging . We have the results of a new poll for you. Why is it that hundreds of people who have quit their memberships at trumps doral golf resort in florida, why cant they get their deposits back . And the landmark judgment against pharmaceutical giant Johnson Johnson. How much has a judge ordered the company to pay for that companys role in the Opioid Crisis . We want to turn to the big picture and talk about the g7 with former director of national intelligence, mr. James clapper. Good evening, director. Good to have you on this evening. President trump is at odds with the g7 over the trade war, the iran deal, russia. He made wildly conflicting statements during the meetings and told some outright whoppers. Is all this erratic behavior hurting americas reputation on the world stage . Well, it obviously is, but i have to say on a trumpian scale, this g7 was probably better than the last one, which ended up pretty disastrously. I think, you know, my engagement with former colleagues, intelligence people, intelligence professionals in other countries, there is great concern about the president and his erratic behavior, and in the case of the trade war with china, his seeming indifference to the impact that this could have, is having on the World Economy and on the economies of the other participants in the g7. And so i think theres great concern about his behavior and his statements. Yeah, you said great concern, but i mean are there National Security implications too, director . Well, yes, there obviously is, and maybe more implicit perhaps, particularly as it affects economies, which is a component obviously of any nation states security. So, yes, i think there is. Thats one reason why these countries are so concerned about his behavior and about this trade war where seemingly theyre just left to be spectators by this backandforth in the absence of any clear strategy, you know. The classic question, how is this going to end . Im not sure the administration knows, and certainly the spectators, the other countries in the world, dont know either. Yeah. Lets talk about, director, why the g7 exists. It exists for countries to come together, tackle global problems. But some of these current crises were really created by President Trump himself, like the trade war with china and the tensions with iran. Well, yeah, exactly. And i think it makes the dialogue very difficult for these other countries. I was watching with interest the extraordinary efforts that other representatives went to not to offend President Trump and to set him off or say or do something that would be even more harmful. And i have to hand it to president macron of france because as i host, i think he handled, you know, under a very difficult circumstance, handled himself and handled President Trump pretty well. You know, the president once again claiming, without evidence, that russia was booted out of the g8 because president obama was outsmarted by Vladimir Putin on crimea. Lets listen, and then well talk about it. President obama was not happy that this happened because it was embarrassing to him, right . It was very embarrassing to him, and he wanted russia to be out of what was called the g8. And that was his determination. He was outsmarted by putin. He was outsmarted. President putin outsmarted president obama. Okay. So it was a joint decision. This is a fact. A joint decision by the g8 that suspended russia. Why does the president continue to attack president obama instead of blaming Vladimir Putin for invading and annexing his neighbor . Well, i think there are two factors at play here. One is i think theres underlying jealousy of president obama, and so every chance President Trump gets to, you know, lay the blame on somebody by whatever fantastic stretch, hell place the blame on president obama. And this is just kind of an absurd statement. By the way, you know, were 2 1 2 years into this administration, and what has this administration done about getting the russians out of crimea . Nothing. So, you know good point. Of course the other factor is this deference to putin, whom he just wont dime out ever, on anything. And then, you know, the advocacy for russia and putin coming back to the g7, to me, is absurd. I mean what has russia done to merit coming back into this Prestigious International group . Yeah. Russia is a pariah state, and they havent changed. Lets talk more about that because as you just mentioned, russia is still in crimea. On this president s watch, President Trumps watch, russia was accused of poisoning a former russian spy in britain, is meddling in our elections as we speak, and according to former special Counsel Robert Mueller and the fbi director wray, is letting russia thats what they say. Is letting russian back in the g7 a good idea . I dont think it is. Again, this would be a reward for bad behavior. As i say, what on earth has russia done to merit, you know, rejoining the g7 . Why would he be pressing for it, then, director . Its kind of unfathomable. What is going on . Again, mysterious, inexplicable deference to putin. And i dont know. Maybe he wants to curry his favor to ensure he gets help again in 2020 as he did in 2016 from the russians. I dont know what it is. You know, theres all kinds of speculation about that, whether they have something on him or he has financial interests there, i dont know. But to me, this is dangerous to National Security because russia is an adversary of ours. They are bent on undermining us and undermining our democracy and our political ecosystem. And why hes currying russias favor while hes kind of dumping on our traditional close allies, i dont know. President trump says that he would be open to meeting with irans president. Listen. I think hes going to want to meet. I think iran wants to get this situation straightened out. Now, is that based on fact or based on gut . Thats based on gut, but we cant let them have a nuclear weapon. Cant let it happen. So i think that theres a really good chance that we would meet. You think they should meet . Im sorry . You think they should meet . Well, it probably wouldnt hurt. It would be nothing more than a photo opp kind of thing, just like it has been with kim jongun. Long on form and not much on substance. And i find it ironic that he says, we cant let him have a nuclear weapon. Well, he did away with the mechanism that was ensuring that they didnt get a nuclear weapon. So to me, that is nonsensical. Yeah. Director, much appreciate it as always. Thank you so much. Thanks, don. The president says his trade war with china is good for the country. Some of the american whos have been hit hard by the tariffs, well, they may disagree with him. Were going to talk to two of them next. at the end of a long day, its the last thing i want to do. Well i switched to swiffer wet jet and its awesome. Its an allinone so its ready to go when i am. The cleaning solution actually breaks down dirt and grime. And the pad absorbs it deep inside. So, it prevents streaks and haze better than my old mop. Plus, its safe to use on all my floors, even wood. Glad i got that off my chest and the day off my floor. Try wet jet with a moneyback guarantee living well do you often wake up with chest congestion . Or suffer excess mucus . Try mucinex 12 hour. The bio layer tablet immediately releases to thin and loosen excess mucus. And lasts for 12 hours. Mucinex 12 hour. 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Nausea, heartburn, indigestion, upset stomach, diarrhea. Get powerful relief with new pepto bismol liquicaps. President trump says he is open to making a deal in his trade war with china but only if its what he calls a good deal, a fair deal for the United States. What about the americans who are getting hit hard in his trade war . Im going to talk to two of them now. Bob kuylen is here, a wheat and sunflower farmer from north dakota. Also arnold kamler, the ceo of kent international, a bicycle company. Were so glad to have both of you on. Bob, lets start with you. You say you have lost over 400,000 since President Trump came into office. I mean that is stunning. Tell us what its been like for you and for other farmers during the president s trade war. Well, every time we think the markets stabilized i sold a lot of grain last year at harvest for 5. 70, and that was at a loss. I felt bad doing it, but i didnt have any room for it. Well, it ended up that was an awful good move, and right now our market is 3. 96 here locally. So its at 4. 40 a bushel, i lost 70 an acre just putting my crop in this year. Now were down to 3. 96. Wow. You have farmed for 40 years. What about some of the younger farmers in your area . Is there a future in farming for them, you think . I dont i dont see them making it. They dont have the equity that older guys like i do and, you know, its kind of like telling all of america to throw away half their 401 k is what theyre asking farmers to do, taking all our markets away from us. Its no different, you know. We build up our equity. We own a lot of land, but were kind of cash poor. And they they put the hit on us here, and the Young Farmers dont have that equity to fall back on and do loss loans like a lot of people are going to have to do. Im using the words you said, what about you old guys . But how long can you hold out if things continue to go the way theyre going . Well, youre almost kicking yourself in the rearend for not getting out two years ago. Some guys did, and we thought they were crazy. It looks like it was a good move. Youre going to get to the point where no ones going to buy any machinery or anything, so what good is it going to do to sell out . Its i theres got to be an end. We were in d. C. Last year and top trade guy said its going to be at least six to eight years before we get our markets back even if we do get some of these trade things done. China has started importing grain from elsewhere now, so even if the trade war ended tomorrow, theres no guarantee that youd be able to restart those relationships. You said six to eight years, but, you know, if this was over soon, you still think its going to take that long . I think well get back a little bit of the market. I dont know how much it would be, but its going to take a lot of years to get our markets back. Wow. And our input costs are so high. Like this year our wheat was down 50 , but our fertilizer went from 400 a ton to 600 a ton this year. What a major hit on a year that we took such a hit on our prices. And natural gas was at record lows, so theres no excuses for fertilizer to go up, just that they can. How do you feel about the administrations 16 billion farm bailout, though . Well, this ones a lot fairer than the last one. I think the last one, top 10 farms took 70 of that payment. So it was kind of a payback to the buddy type of thing. But this ones set up better, but its somewhat confusing because they were going to get 15 an acre back, and theres other counties in the state that are going to get over 50 an acre. So it just seems odd why the difference in the amount that youre going to get. Were all taking a hit. Yeah. Listen, i know youre not a politician. You may not be that political, but if i can ask you a question about the political perspective here. Farmers and other rural voters are a big part of the president s base. You didnt vote for President Trump in 2016, but from conversations you are having with other folks, do you think the president is in danger of losing any of that support in 2020 . Well, if he doesnt lose 100 of it from the farm belt, then people are kind of crazy because this is not going well for farmers at all. I mean some of them are trying to be faithful because they made that decision and voted for him. But id have to say in the back of their minds, theyre just not very happy right now. Yeah. Well, bob, listen, i want to thank you for sharing your perspective on all of this, okay . Listen, best of luck to you. Were all thinking about you, and youre welcome to come on anytime to share your story if you want to talk about anything. Thanks so much. Thank you. Thank you. I want to bring in now arnold kamler. Hes the ceo of kent international. I want to talk about the impact on the manufacturing sector. So good to have you on. Thank you very much. You heard that conversation. Hes very candid there. Tell us what you have been experiencing, how much money this trade war has cost your company. What has this meant to you . Well, theres a lot of elements of our business. We are an importer of principally, until about five years ago, right now about 15 of our business is u. S. Manufacturing. Its been very difficult for us because the we still need to import a tremendous amount of component parts. You make bicycles. We make bicycles, yeah. And when we import these parts or even the complete bicycles that we import, theres always a time gap whenever we have pricing contracts with our customers to when we can get price increases. So we have two things. You have the inflation because of higher prices. Actually senator graham, i think, is the first one who definitively came out and admitted that, yes, theres going to be a pain because of these price increases. But we have this thing. We also have a terrible problem with cash flow because when we have to pay these import duties now on all of these component parts, we have to pay the money right away within two weeks. Normally we get 90, 100, 120 days to pay for our goods but on import duty we have to pay it right away. Youve also had to lay off employees recently, how many and is it because of the tariffs . It is. We had to lay off about 35 people down in our factory in south carolina. Really . Yeah, we went from 145 to 110. Were hoping if the markets stabilize maybe early next year to be able to go back but we had bicycles that are selling at 100 now that are now at 130, and bikes that were 150 that are now 180, 190, which meant less business. Because it costs more. Because it costs more, and so our price had to be more. Thats the part when people when economists say that it is a tax that the American People are paying, its because the price. Youre going to pay more for the product. Its definitely a tax on the American People. One of the president s goals is to get manufacturing jobs out of china back here in the United States, a goal that you share. But youre finding the tariffs themselves, it may be making it harder to do that. Explain that please to our audience. Yeah, okay. So i was talking about for our business right now. We as a u. S. Factory with american workers, when we import, oh, 60 or 70 of the parts, were paying as much as 35 and 40 import duty now on these parts. Its not just the 25 plus this extra 5 . There already were a 10 import duty. But an emerging country like vietnam, when they go to buy these parts, which are still coming mostly from china, they dont pay any import duty. And when they bring the complete bicycles in, my competitors, the complete bicycles in from these other countries, theyre not subject to those additional costs. You said that china cheats, but do you have confidence that the president understands china, knows what hes doing, and can really get a good deal for america . I cant really comment on what he knows. I dont know that. But i know for sure china has been cheating on Foreign Exchange for years. Theyre not playing fair, and actually just within the past week, the currency in china moved 4 . Thats not a normal i mean i have friends who think that china is cheating as much as 20 and 30 on Foreign Exchange, but thats not thing. But this trade war, though, is just not good for anybody. Its not good for the United States. We heard from the farmers. Right. How long can you hold out if this continues . Well be fine. I mean its going to be less manufacturing. Its our goal that we want to actually, we very proactively have gotten together with 11 other american bicycle assemblers, and were going to petition the u. S. Government for complete tariff relief for us with the idea of building up right now theres only about a half a million bicycles assembled in the United States. Its our goal as a coalition to bring that up to 3 million or 4 million bicycles a year, and we can do that by getting tariff relief on the bicycle parts and creating probably thousands of jobs. Well, good luck. Thank you. We thank you for coming on. A new poll shows that joe biden, Elizabeth Warren

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