Detailed text transcripts for TV channel - CNN - 20190606:08:08:00
If they go high, companies are going to move into the united states. it's very simple. >> it's not really that simple. we trade a lot back and forth with mexico. mexico is america's biggest supplier of ag products, $26 billion in 2018. mexico will not pay these tariffs. american businesses will pay the tariffs and then they can either eat the profit or pass that on to consumers. john corden of texas laid out the cost clearly on the senate floor yesterday. >> tariffs on the other hand would be a massive tax. the u.s. chamber estimates that texas alone would face $5.35 billion in increased costs...