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Aluminum or steel that the retaliation will be on agriculture, which is particularly sensitive to tariffs because it is so export-oriented. so the answer ought to be not in any kind of long-term bailout. it's to get a farm bill done which congress is working on right now, and that will help, because it contains provisions that deals with some of these particular issues. i remind you that back 30 years ago, president carter imposed a grain embargo against the soviet union. there were different reasons for it. that resulted in lower farm prices and america not being a reliable supplier for the w...

This morning on the radio who was concerned, but it's just in a farmer's instinct to be optimistic. they were hoping that this will blow over. is that the sense that you get from there, where you are? >> reporter: it is. they are very hopeful about that. they feel that this could be just sabre rattling and part of a negotiation. but they've seen trade wars before here, you know. grain embargo, russian grain embargo back in the day. they know what that looks like. that is not a pretty conclusion, if that's the way it were to go. >> dana: we'll keep them in mind. thank you, jeff, and your guest ...

There's a sense that he read speeches well. >> no, no, he wrote those speeches. and by the way, he wrote a lot of his letters. i've still got the rough draft in his own handwriting of his letter to brezhnev of lifting the grain embargo on the soviet union. he did a lot of this on his own. one of the secrets i think to ronald reagan's political success is that he was consistently underestimated. and as you know, as a good politician, exceeding expectations is the key in politics. >> and he knew he was. >> yeah. yep. >> on the subject of letters, the -- abraham lincoln had a habit of, when he wr...

Neocons were killing ronald reagan because he lifted the grain embargo against the soviet union because he wanted to help farmers in the west, and i am foug not saying that's the wrong -- right thing to do -- >> what they are doing in aleppo, it's outrageous, and what they have done in europe is outrageous, and all of this comes into context where russia emerged in some ways as, a, if not the farm policy challenge facing the united states. >> if he is compromised he's compromised in the one respect, rex tillerson cannot make a recommendation on the lifting of sanctions against russia because t...

You have these arguments and have had them for some time. remember reagan and the russian grain embargo and whether lifting it would help or not. they took it out on reagan in the early 1980s for that let's talk about tillerson. you had said before some concerns about people coming from the business as secretary of state. what do you think that brings in a positive sense and what problems? what concerns would you have about having a top ceo in that position? >> tillerson brings a businessman's business executive's tough sense of negotiation of the world. a lot of what secretary of state does i...