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Detailed text transcripts for TV channel - CNN - 20180606:05:50:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180606:05:50:00

Administration. >> test it a littlet, peter. the idea of, we'll make our own. that will make up for the imbalance. you know, that is a minority th >> imbalance? >> whatever short coming there is because of the tariffs, whatever supply we lose, okay, make up with more jobs here that's an ambitious proposal. you have two effects with the tariffs. oneis you raise prices and they get passed along. >> the alleged downstream effect. >> that's part of the economic theory. and the other one is, they find other markets. you do this to the chinese and they sell the same properties and a very transferake...

Detailed text transcripts for TV channel - CNN - 20180606:05:47:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180606:05:47:00

Anythingike thisnhe modern era. could flip the balance poufr we have known for a generation. break it down. i know it can seem complex. there are simple points. do it right here. white board. we canada,co, uk. germany. we have tried to have beneficial alliances. now we have foes. north korea, obviously. china, china is the big one. looking at unfair trade practices. look at the theft of intellectual property. uneven playing fieldsen in general. now we have the weird thing. you have two swapping sides. the united states saying we are going to gift guys a hard time. figure out how to make this e...

Detailed text transcripts for TV channel - CNN - 20180606:05:49:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180606:05:49:00

As president trump said without steel and alum numb industries in the country we don't have a country. so the challenge we face from a pal s policy point of view. how do you do that? we have 20 countries flooding our market with steel. 15 flooding our markets with alum num aluminum. tariffs were the answer. tariffs are not aimed at a country. strategic rival, china, ally, friend, canada. they're a defensive measure in order to bring about a strong steel and aluminum industry. we have that, chris. important to note since tariffs were announced. we have had, 150 million investment in hawesville,...