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Administration announced america's highest trade deficit in history. the policy of donald trump managed to deliver a merchandise trade deficit of $891.2 billion. and because donald trump understands absolutely nothing about international trade, nothing the president has done has worked the way he wants it to. for example, president trump illegally used a national security loophole in trade law to unilaterally impose tariffs on china. but tariffs on chinese-made solar panels, for example, have in fact nothing to do with national security. and what happened? after president trump used tariffs to...

Unless i become president. you will see it drop like you've never seen before. you have never seen before. >> that was presidential candidate donald trump. and today president trump's administration announced america's highest trade deficit in history. the policy of donald trump managed to deliver a merchandise trade deficit of $891.2 billion. and because donald trump understands absolutely nothing about international trade, nothing the president has done has worked the way he wants it to. for example, president trump illegally used a national security loophole in trade law to unilaterally imp...

Overall debt in american history. this is -- he's not just doing worse than barack obama, he's doing worse than every american president and he's actually screwing up the -- a border situation that barack obama's administration improved markedly and they did so while being humanitarian about it. >> first of all, joe, it's great to have you back with us at the table. thinking about you all week. but to your point, all three of these areas that you just laid out, north korea, trade and the border, speak to donald trump's part of the deal falling apart. he sold himself during the campaign as mast...

Scare the crap out of them to propel them to take actions to make collective sacrifices to do what had to be done to stave off tragedy. >> it's a fascinating book, the lessons of tragedy, state craft and world order. charles and hal, thank you both. >> thanks for having us on. rick tyler, we've got some news cross krg the wire. the trade deficit here. despite the policies put in place by president trump has ballooned to h more than $800 billion. a ten-year high. >> americans like to buy, we're a wealthy country and like to buy things from foreign nations. that will igcontinue. the americans ...

>>shepard: and fannie mae and freddie mac have borrowed from the treasury department to pay back ... the treasury department. according to the wall street journal which is own by the parent company of had network, the two mortgage giants still asked the treasury department each quarter for billions and most of the money goes right back to pay the dividends to the same u.s. agency. last week fannie mae received $88.6 billion in federal taxpayer support and is asking an additional $2.6 billion but after it gets the money, the obligation to the treasury is $91.2 billion. freddie mac received $64....