Overcapacity Dumping News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Li thehi there, im brianna keilar. North korea opening the door for diplomacy with the United States saying it would end its Nuclear Program if its security is guaranteed. What does that mean though . Officials from seoul and pyongyang will host an interkorean summit next month, this is following a round of talks that saw kim jongun meet with high ranking south korean officials including the president there. For more on the major developments i am joined by Cnn Asia Pacific editor andrew stevens. Tell us what youre learning. Reporter well, it is such a lot to take in all at once, brianna. This...

Share the majority leader's concerns and called for a more focused approach to the matter. >> clearly there is overcapacity dumping and trans slipping of steel and aluminum by some country, but i think the smarter way to go is to make it more targeted. we just want to make sure that it is done in a prunts way thde. >> he did not elaborate on what he would consider a more surgical approach by the white house. he says that chairman of the house ways and means committee congressman kevin brady is overseeing negotiations on this issue. the "washington post" reporting that special counsel bob mue...

You understand what i mean by that? when we're down by 30 billion, 40 billion, 60 billion, the trade war hurts them. it doesn't hurt us. so we'll see what happens. >> there's a high level of concern about interfering with what appears to be an economy that's taking off in every respect. we are urging caution that this development is something much more dramatic that could send the economy in the wrong direction. >> clearly there is overcapacity dumping in transshipping of steel and aluminum by some countries, particularly china, but i think the smarter way to go is make it more surgical and mo...

We have seen the white collar business wing and the blue collar populous wing of the party divide and the blue collar wing won and this is one of the consequences of that. i would add real quick, it is striking how silent democrats are in this debate, though. hillary clinton won only one sixth of the counties in america. but her counties accounted for 60% of all of our exports. democrats are the party of the big metro areas that are all dependent on the global economy and yet they are -- >> all right. >> -- they are tongue tied in this argument. >> let's listen to the house speaker take questi...

The republican pushback on the presidents' tariff proposal is on full display this morning. house speaker paul ryan says he thinks the president has the righted in, but needs to hone it a little more. >> there is clearly abuse occurring. clearly there is overcapacity dumping in trend shipping of steel and aluminum by some countries, particularly china. but i think the smarter way to go is to make it more surgical and more targeted. so i think 232 is too broad. and i think it is more prone to retaliation. and so we're encouraging the administration to focus on what is clearly a legitimate probl...