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Many at odds with the president over his recent trade decisions. >> translator: for me, it's a question of principles. we can't wager trade war between friends. >> reporter: this as the president is seemingly more willing to engage with potential adversaries. today striking a controversial deal to ease sanctions that brought zte, a chinese telecommunications company to the brink of collapse. trump's top economic advisor -- >> we're talking everything through. there may be disagreements. i regard this as much like a family quarrel. i'm always the optimist. i believe it can be worked out. >> and...

View. he feels that there's a great trade imbalance in this country. are there people that have differing opinions on this? absolutely. there's many people that feel that all trade decisions should be made by individuals and corporations, not by governments. when the president talks about lowering trade barriers with china, how great would that be? if china really isn't slapping a 25% tariff on u.s. cars and the chinese consumers can purchase with their new buying power whatever they feel the best car is? >> larry kudlow made an interesting point. ever since he's been put in his position as th...

Talked about whatever he felt like, including the latest trade decisions. so trump is a fly by the seat of your pants president. and that does have the consequence of leaving a lot of people, including our adversaries kind of wondering what he will do next. that gives him some leverage. it leaves a lot of his allies wondering what is he going to do next. >> it might leave the west wing wondering what he will do next. a lape that, $50 billion of tariffs. president trump has come up with $100 billion. and larry kudlow runs back saying don't worry, not to worry. what is the real policy? >> i've b...

So the republicans are going to have to kind of measure their talking points on the market. i imagine president trump will be a little bit more careful or at least his advisers will tell him to be a little bit more careful. a lot of these things are well beyond his control, especially when you're talking about computer algorithms that can make these things snowball quickly, can get ugly quick and you can see big numbers. >> on that, how much influence does the president have on the markets? >> you know, he can kind of talk up the economy. obviously whatever he does with nafta and these trade d...

Trade, free markets, and not protectionism. >> the commerce secretary assured the forum he was not about to launch a trade war with anyone but he did say the president intends to reverse some of what he called the bad trade decisions of past administrations. the president's appearance here in davos is going to be very interesting. as a businessman, he never got invited. that now has president, those business leaders who wouldn't invite him have to pay attention to him. >> chris: and he is the star of the show. john roberts life from davos. thanks. stocks mix. dow gained 41, reaching another re...