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They believe, he believes is having a big impact and a lot of people are saying that they overplayed their hand. >> martha: one last question about president trump because people say he's talking about it as nothing. it would be good if they had a good relationship with russia. on the other side, he's saying missiles are coming because of your involvement with assad and the chemical weapon attack. did you sense confusion on their part? >> yes and i think that's part of what's effective because it's good cop bad cop and it's bad cop bad cop and they don't know what to expect and that's why they...

Is going to emerge stronger as a result. but to your point and some of the video we saw earlier from larry kudlow, the president and his advisers don't appear to be on the same page, at least in terms of tone. this might be a good cop/bad cop strategy. but administration officials have spent the past two days trying to tamp down fears of a trade war. larry kudlow said this morning that the u.s. could still hammer out a deal with beijing, so it's certainly an effort to calm the marketed roiled by all of this. >> the time with regard to the tariff announcement. what about this announcement regar...

What is the white house saying about this new tariff threat? because kudlow and trump don't seem to be on the same page but let's give them the benefit of the doubt. is this just the new negotiating style? >> it could be, stef. i think what you're seeing emerge is a good cop/bad cop strategy. first, from the president's perspective, he's been heightening his rhetoric. we heard that earlier today. really doubling down during this radio interview with wabc. take a listen to what he had to say, when he was asked about a potential trade war. >> we've already lost a trade war. we don't have a trade...

On the campaign trail. said this would happen in a trump pregnancy, not pregnancy, presidency. we're talking all about twins this morning. former senator and former governor of indiana evan bayh, currently the co-chair of the organization no labels. my friend, regan greely, editor of the newsletter. and ron insana. dan, i go to you first, what do you make of this? >> the good cop/bad cop thing, the problem is there's a lot more bad cops out there. telling this narrative. to me, i think the problem is -- i think there's very little debate that we need to be tougher with china about trade. when ...

Free trader. and the republican party used to be for free trade but donald trump isn't. >> the truth is with donald trump you can probably find him saying a lot of different things on almost any different issue and point to that particular moment. the most consistent thing he has said, of course, is the free trade agreements of the last quarter century or so have been bad for the country, have been poorly negotiated, and that he plans to rip them up or change them to the benefit of the united states. not exactly the message that larry kudlow was sending today. larry kudlow was trying to reassu...