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>> but there's no way to punish them effectively without hurting yourself more. i found a tape from milton friedman in 1978 when we were talking about steel tariffs on the japanese, he explains all these things that economists know, that you can't do it, and at the end he said if they are going to subsidize and give our consumers cheaper goods, then some of the consumers are producers like car manufacturers he said why should we reject this foreign aid? paul: even if you worry about china, jillian, because it doesn't play fair, steels aren't intellectual property. these steel tariffs don't hit...

And he'll tell it like it is. he's blunt about the fact that he was supporting people in any party to have an open door. what he's promising is that he's not going to be tethered to any special interest any big money donors or any lobbyists. especially that's the threat of the third party run, right? if the rnc doesn't play fair he's still not ruling out a third party run. >> he's not going to run third party. >> has he promised that? >> i'm confident the answers i've gotten from him, i'm confident he'll never run third party. >> okay. well he is appealing in a republican party primary elector...

Will turn out right. that's a great idea if you're not in politics. in politics, the fact is your opponent doesn't play fair, he plays to win. the president needs to continue to inspire people. he's a great campaigner, i think he's been very effective in many ways governing, but he has to tell us how he's going to do that moving forward. >> mark lamont hill and david winston, thank you so much. for more on all things politics, be sure to check out the firstread blog. another big developing story this hour, subtropical storm beryl threatens to wash out holiday plans for many down in the sou...