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Decision to: shutter the plant? >> ever since the bankruptcy, she has done a good job of the freedom to run gm like a business, get rid of the expensive labor contracts, get out of the business of making cars for markets like europe, get out of the business of making small cars where they can't make any money. this is along those lines. she signaled she is worried about ane downturn coming. she wants to preserve gm's capital so they can survive and continue to invest in new products. paul: when you say downturn, does this mean recession potentially or a downturn in the auto market. >> the auto...

Do you agree with this. >> this is the fifth trade policy we've had. they've all failed. >> paul: he would say south korea worked out just fine. >> we have a new deal with south korea. we raised tariffs on importing pickup trucks. we raised taxes on u.s. consumers. the problem with president trump is he doesn't understand the benefits of trade liberalization go to the bi liberalizer. if we are an open economy, we do better than the rest of the world. and he insists that there has to be this something for something and that's a manageable trade policy if you want to make americans better off. >...

Policy we've had. they've all failed. >> paul: he would say south korea worked out just fine. >> we have a new deal with south korea. we raised tariffs on importing pickup trucks. we raised taxes on u.s. consumers. the problem with president trump is he doesn't understand the benefits of trade liberalization go to the bi liberalizer. if we are an open economy, we do better than the rest of the world. and he insists that there has to be this something for something and that's a manageable trade policy if you want to make americans better off. >> paul: the markets are down, no question, not a lo...

My sense is from all the reports i've seen the average family will get about a $200 a month increase in take-home pay and will get a tax code so simplified that 95% of all americans will be able to fill out a postcard, not have to itemize or pay a tax preparer so it will save time and money on that front, too. for most middle class families $200 a month increase take-home pay is not trivial and will have an impact. in addition, the point the president made in the clip you had earlier, this bill is designed to really stimulate growth. if you combine it with did deregulatory effort and aggressiv...

Trump logo. we contacted trump's organization for comment but calls were not returned. but the u.s. business and industry council defended trump, saying don't blame him, blame the system. >> when washington decided in the early and mid-1990s to expand trade with china, it inevitably created overwhelming incentives for u.s. manufacturers, ranging from garments to the most sophisticated goods imaginable over to china. >> reporter: public citizen, a group that advocates for fair trade, says trump should now put his money with where his mouth is and make sure future products licensed with his name...