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Detailed text transcripts for TV channel - CNN - 20190606:08:08:00 - Vimarsana News

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...

Detailed text transcripts for TV channel - CNN - 20190531:08:02:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20190531:08:02:00

U.s. the white house doesn't even specify a threshold. one big question, could this derail the president's trade deal with mexico and canada, the usmca just yesterday, the administration tried to jump start the approval process. the united states trades a lot with mexico. many u.s. countries rely on mexico as a central part of their supply chain. the u.s. imported 346 1/2 billion dollars in goods from mexico last year. mexico is also the united states' largest supplier of ag products, 26 billion in 2018. mexico will not pay the tariffs. american consumers will be importing companies, and they ...