Detailed text transcripts for TV channel - CNN - 20180303:00:29:00
So, if that goes up by 25%, that's about 6/10 of one cent on the price of a can of campbell's soup. who in the world is going to be too bothered by 6/10 of a cent? >> wilbur ross is my guest. i'm going to talk to him in a moment. first, the facts. the tariff sent the dow plunging. almost everyone in the president's circle thinks it's a bad idea. what is the deal? >> the deal is, you have to look at the numbers to see if you can figure out what it means. it's confusing. the u.s. imports a third of the raw steel it uses, 90% of the aluminum. the tariffs push up the cost 25%, 10% respectively. in...
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