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Back the whole process. >> that's right, in talking about jobs, the steel industry employs 140,000,construction industry, 6.3 million. american manufacturing companies, 6 1/2 million. 13 million versus 140,000, there are better ways to deal with this kind of situation and as has been pointed out we've seen this movie before not only with george w. bush, but ronald reagan and learned the hard way, you end up doing more harm than good. david: bruce, in fact, we mentioned the jobs numbers being responsible, a the least in part, for the incredible 400-point gain in the dow yesterday. some of it, t...

China and their merchantilist policies and not end up shooting up our allies. david: bruce, it's kind of a strange situation. you usually end up siding with unions in situations like this. in this case the unions support what president trump has been doing with regard to tariffs. what do you feel on this? >> well, i mean, some of them do. i talked to some steel workers union this week and they were saying that this-- they're worried about their sound bite is that steel is not of high quality, so it seems like you could solve that through a trade agreement over a tax and one of the things that ...

>> breaking news on that terror situation. japanese and the european union this morning, calling on to be excluded from the tariffs on steel and aluminum imports. with the eu chief says as a close trade and security partner of the u.s. the eu must be excluded. back with forbes media editor in chief, steve forbes, forbes magazine bruce japson and therese, good to see you all. steve, japan-- we already have mexico and canada excluded. >> right. david: at least until they finish the nafta negotiations. now we have japan and europe. who is left? i don't think there's many left? >> south korea, bra...

And redistribute. they can't create real resources. >> you have to agree with that, don't you? >> i would say that in the case of the immigration, we don't have a path to citizenship. we don't have a legislation -- >> bruce, i'm talking about the government saying or the democrats saying the government can give you this, the government can give you that but the government doesn't give anything. it takes and then it redistributes. >> i would just say it is what it is. i mean, the republicans are -- they're not -- >> they're not offering any solutions. >> hold on. wait. let him finish. they're n...

Oversold. great american company. i love it. >> gary? >> united rental, not bad. i think it's a turn around. i bought home depot. bad housing, good housing, the stock is great and going higher. >> there you go, get rich, everyone. protecting families from big bad banks and trickle down economics made us all weary. the republicans offer the same supply side economic theory. >> who's right in whoville? hillary clinton's campaign grinchors republicans trying to knock down her economic policies? hi, everybody. i'm david. welcome to "forbes on fox." find out when steve forbes, gary cheffield and ...