China Trade Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What is the score on this thing right now? i mean, as far as i can tell, the only good-faith argument about it is that it would increase business investment and that hasn't seem to borne out at all. other than that, it seems like a huge transfer to wealthy shareholders and corporations. >> well, i think it not only has been a huge transfer to wealthy shareholders and corporations, chris, but also it could have been predicted that was going to be the case. businesses will not take the savings from a tax cut and invest those savings unless they think there are going to be consumers to absorb eno...

Contracting right now. so -- and that, of course, you've got the china trade problem. >> right. >> so you took all of those factors together and businesses are going to say, oh, terrific, we've got a big, big savings here. let's buy back our own shares of stock so we can create the impression that the stock market is pretty good for a while. >> there is also this hypocrisy. it's not even hypocrisy, i think, it's sort of deeper than that. i mean, donald trump was one of the people, along with folks like larry kudlow and stephen moore and "the wall street journal" editorial page basically saying...

In -- investigations would stop. without a new special council there will be no special council. the republican needs them. >> you are absolutely right. they will flip to democrats. in the face of all of this his outcomes have all of these detract tors even within the administration and intelligence committee. yet, he's pushing back on china. first president to do so in a long time in terms of their behavior. they just counseled these upcoming discussions. that wasn't a surprise. this is a reminder there is a big need for the president to resolve his fights with canada, mexico, and europe. the...

They have a china trade problem. it's europe, japan, everybody. that's what china does to everybody else: not like america is alone in this. we have allies going up against china. the result this morning is this "wall street journal" headline it says u.s.-china quietly seek trade solutions very bill deal. been brought to the table they are talking. you will see reaction to that on the stock market this morning. steve: do you know who hates this? the swamp. washington hates this kind of negotiation. they like it to go the way washington always goes. is he a disrupter. blows things up and negoti...