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We're launching a trade war. they have not opened up their markets to u.s. goods. i talk to veos, this is something that trump ran on and i'm in full agreement with him on. >> you are? that's in. tariffs are taxes. >> i'm not in favor of the auto import tariffs or the steel tariffs, but i'm very much with the american people of getting really, really tough with china. the only question is why is this just happening now. it should have happened ten years ago. where was bush, where was obama when china? >> where was obama. ly tell you where. the strategy for getting tough with china was banding ...

Fines as a result. everybody is keeping an eye on zuckerberg. the stakes are high. it's more than just politics. >> i want to go to wall street, what the dow is doing. up 380 points after it took the big dive yesterday because of the raid on michael cohen's office. and overnight then, chinese president xi jinping spoke at an international summit, easing some fears apparently of a trade war when he announced china would, quote, considerably reduce auto import tariffs and, at the same time, reduce import tariffs on some other products this year. let me bring in cnbc's dominic chu. looks like wal...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.