Page 13 - Trade Flows News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Because new presidents, frequently the one i working with, governor of arkansas had no experience in this. for most people, it's actually a pretty quick learning curve because people like you sit them down and take them through it. we have not seen donald trump learn anything about this subject in two years of the presidency. >> donald trump is not going to learn anything about anything from anyone. i think that's pretty much baked in the cake. and unfortunately, he has some advisors who don't understand this either. and i think the apple case is really interesting in this regard, lawrence. th...

World, the german car maker s in south carolina. so donald trump is going about once again this is often the case when he's talking about manufacturing and coal. he's going about this as if it's a 1950s rule where trade flows were 25% of gdp. now they're 60% of gdp. you know, david, the problem is that it is a fundamental misunderstanding of trade, but it is appealing to what appears to be b a third of americans who are maybe justifiably angry at the fact that while we traded away certain jobs while consu consumers have enjoyed this for the last 30 or 40 years, we maybe didn't do enough to fig...

So donald trump is going about, once again -- and this is often the case when he's talking about manufacturing and coal and the environment. he's going about this as if it is a 1950s world where trade flows were 5% of gdp. >> david, the problem is that it is a fundamental misunderstanding of trade. but it is appealing to what appears to be a third of americans who are maybe justifiably angry at the fact that while we traded away certain manufacturing jobs for lower prices around the world and while consumers enjoyed this for the last 30 or 40 years, we didn't do enough to figure out how it is ...

Once again -- and this is often the case when he's talking about manufacturing and coal and the environment. he's going about this as if it is a 1950s world where trade flows were 5% of gdp. >> david, the problem is that it is a fundamental misunderstanding of trade. but it is appealing to what appears to be a third of americans who are maybe justifiably angry at the fact that while we traded away certain manufacturing jobs for lower prices around the world and while consumers enjoyed this for the last 30 or 40 years, we didn't do enough to figure out how it is these people are affected. we ar...

Said that canada and mexico will be carved out of the tariffs, which makes them much less important because we can still import steel from canada and mexico. you can have realignments of trade flows. they send steel to other places and the canadians will send their steel to us without a tariff. you don't know how effective this tariff is going to be, you might not want to make that investment. the bush administration made a similar foray into tariffs on steel 15 years ago and ended up reversing after not long. so i think that inhibits to ability of this policy to promote growth in the steel an...