Globalization Omelet News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Xi, like a screaming pouting child, is that he's going to pull for they don't coupling, they don't coupling notion. >> jared, explain why that is tough. it is not just that we buy stuff. this is not a normal relationship that we would have described 20 years ago, where we're buying manufactured goods from china. the relationship with china is substantially more complicated than that. from a currency perspective. >> from an investment perspective. and from what china does around the world. >> so donald trump thinks that he can unscramble the globalization omelet and he can't. it's not just that...

Unscramble the globalization omelet, and he can't. it's not just that we import toys and televisions from china. we also import tons of intermediate goods. these are imports that go into products that are produced here. so our linkage is to the chinese economy are not just the stuff that's on the shelves of walmart. and even then, as i said in my last remark, those goods are not going to be made here. the globalization ship has left the port and now, as i mentioned, those producers are looking to import from other countries often in asia. so, a, the notion of imimportant substitution that we'l...

Relationship between the united states and china, which would be horrific and which many worry would divide the world between an economic and dig cal iron curtain and you would really have to choose between two internets, two economies, two worlds. i don't think we want that again. and what he seems to be moving toward full steam ahead if he can't get his way from president xi like a screaming pouting child is that he's going to pull for this decoupling notion. it's very scarey. >> explain why that's tough. this is not a normal relationship we would have described 20 years ago. the relationshi...

Commerce, fox business said some thing. >> right. >> what does this mean to you? the business community is happy to take the big tax cut that it got that moeb wnobody was askin >> with you got congressional republicans to grow a little bit of a spine on this one. it has to do from an economical spur specti perspective, depth of the supply chains that connect u.s. and mexico. more than half of the factories with which we deal in mexico are simply exporting parts back to the united states that go into things we build here primarily cars, but also computers, furniture, apparel. there's just -- fo...