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Chips to be made in the u.s., when it takes so long for them to come from overseas, so this really adds to the past two years of that thought process. >> we've seen the u.s. has, and the west, are trying to box out russia, and just discussed, and other countries watching, mainly china, and we know that in the last week, president biden spoke to chinese president xi jingping and threatened quote consequences, if china were to support russia's military efforts, and he didn't detail those consequences but aides have suggested that some sort of sanctions or economic punishment could be part of tha...

Without a college education, blue-collar workers. some of those jobs have gone away i think trump has picked up on the sentiment. those people feel forgotten. let me also add with regard to the tpp that has now gone away that's history. that is 40% of the global marketplace. 40%. what we are doing is saying china, you go ahead and make your own deals in that part of the world. the united states, we will not have access to the rising middle class, growing consumer population in that part of the world. >> let me quickly respond. the deal with trade partnerships, especially when you are the count...

syria. the captain of that wrecked cruise ship in italy says his employer is also responsible for the disaster. the reuters news agencies quotes italian media as saying the captain said costa cruises instructed him to take the ship close to the island in a maneuver meant to attract publicity. the iranian lawmakers says the country will stop oil shipments through the straits of hormuz. it will ban oil imports beginning in july. the e.u. and the u.s. are putting crippling pressure on the iranian community. severe weather in the southeastern united states killed two people, injured doze...

I remember in korea was toldly upside down. when we're giving level playing field our businesses can do well. i see a point in time next 10 or 20 years we'll export more and more to the largest consumer population this world has ever seen in china. when we export more which will be a great engine of growth for this economy, you will see the trade imbalance ameliorate itself is. right now we have structural problems called a currency that is not based on market realities and markets, particularly in the financial services and insurance not opening up as they committed to. you have to stay tough...

Is there a buy china movement. if you manufacture and sell things in china you get certain tax incentives and that is making it unfavorable for american made goods to be sold in china even though a growing consumer population there. what you mentioned a moment ago, kyra, china is the banker of the world. china holds 938,000 in u.s. debt but they actually lent more to developing countries last year and the year before than the world bank did. now, let's take a look at the good. that's the bad for the u.s. economy. there is actually a fair amount of good and i want to show you that. first of all...