Page 47 - 375 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> fox news alert, the president signing tariffs on china. let's watch. >> president trump: the factories in our country, closed, shuttered, gone. six million jobs at least gone. now they're starting to come back. you see what's happening with chrysler, with foxcon, with so many other companies wanting to come back into the united states. we have one particular problem, and i view them as a friend, i have tremendous respect for president xi. we have a great relationship. they're helping us a lot in north korea. and that's china. but we have a trade deficit depending on the way you calculate, o...

That, far greater than me or other people. >> we're going to ton listen to the president. a friendly audience of generation nexters to talk about that i want to bring in ali velshi. the dow is down over 400 now, but it's been going up and down on concerns about a trade war. you heard the president. he sort of sloughed it off and said we lost 60,000 factories, we have a huge trade deficit with china, he clearly thinks this is the answer. give us your perspective on what wall street is thinking with this big drop. >> the first thing i'll do is the fact check i do every time the president talks a...

Really $375 billion. many different ways of looking at it. but any way you look at it, it is the largest deficit of any country in the history of our world. it's out of control. we have a tremendous intellectual property theft situation going on which, likewise, is hundreds of billions of dollars. that's on a yearly basis. i've spoken to the president. i've spoken to representatives of china. we've been dealing with it very seriously. as you know, we're renegotiating nafta. we'll see how that turns out. many countries are calling to negotiate better trade deals because they don't want to have ...

Million jobs in a relatively short period of time. coming back turnover last year we are bringing jobs back. as of about two weeks ago, 153 million jobs, it's the highest number of jobs we've ever had in our country. so it is coming back. but we're losing $375 billion with china. it could be approximate 504 bully demandi billion. we're doing something that's the start of making trade with china more fair. we're so far down and our presidents, our past presidents should have never allowed this to happen. this has been many, many years, sort of like the middle east, how did that happen? and othe...

The real world. the other thing maria look, every country, we've been uncle sucker. we have these large trade deficits simply because we're an open market, all we're looking for is fair and reciprocal trade and i think our allies at the end of the day will understand that all we're doing here is defending two key industries so that we can come and help with their defense when they need us. maria: so i'm looking at the list of trade deficits in 2017. china 375 billion, european union 151 billion, japan 69 billion, germany 64 billion, mexico 71 billion, ireland 38 billion, all deficits, but the ...