Detailed text transcripts for TV channel - CNN - 20180919:09:10:00
U.s. buys from china. even consumer goods that have largely been spared, shoes, electronics, toys. that means -- if you're putting taxes on everything, that means the consumer will likely pay more. in fact, the auto industry warns the tariffs on car parts could raise the price of a new car by several thousand dollars. the latest tit-for-tat could also hurt the future of trade talks. china and the u.s. had been gearing up to hold a new round this month. a powerful corporate lobby, the business roundtable, warns that tariffs are the wrong way to achieve real reforms. they threaten u.s. businesse...