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House. we ve had tremendous reports coming out on the economy. it s been incredible. and numbers like we haven t seen before. and we have the strongest economy in the world, 266,000 jobs. you can add another 40 to that, about 300,000 jobs. very importantly, it s 50 or 55,000 manufacturing jobs. we re the envy of the world. our economy is the envy of the world, and we re going to keep it that way. eric: how do we keep it that way, especially when we ve got this december 15th deadline coming up on the chinese tariffs? right. the trade situation, which is the really big uncertainty hanging over the economy right now, and the next big deadline is coming up just next week. the president is in negotiations with the chinese. we have another round of tariffs that could hit consumer goods next week. it looks like he might delay that or call it off if he could reach some kind of agreement with china, but it s still a ....
And they ve done that very brilliantly. and, frankly, it s not right. so i ve exposed it. a lot of people didn t know it. and we re doing things about it. we have no choice because the united states can t continue to lose the kind of money they ve lost over the last, literally, since the formation of the european union. and i think we ll work something out. they want to talk, as you know. the new head wants to talk who is supposed to be very respected woman. very highly respected. and i look forward to meeting her. they want to meet. but we have a very unfair trade situation where the u.s. loses a lot of money for many, many years with the european union. billions and billions of dollars. to be specific, over $150 billion a year. so we don t want to be doing that. and we can make a deal. we can make a harsh approach. we can solve that problem instantaneously if we wanted to, but i don t want to do that. ....
United states. and they ve done that very brilliantly. and frankly, it s not right. so i ve exposed it. a lot of people didn t know it. we re doing things about it. we have no choice. the united states can t continue to lose the kind of money that they ve lost over the last literally since the formation of the european union. i think we ll work something out. they want to talk as you know, the new head wants to talk, who is supposed to be very respected woman, very highly respected and i look forward to meeting her. they want us to meet. we have a very unfair trade situation where the u.s. loses a lot of money for many, many years with the european union. billions and billions of dollars. to be specific over $150 billion a year. so we don t want to be doing that. and we can make a deal, we can take a harsh approach, we can solve the problem instantly if we wanted to but i don t want to do that. ....
For this reason, but it was partially to make better or take advantage of the united states. and they have done that very brilliantly. and it is frankly not right. so i exposed it, a lot of people didn t know it it has been since the formation of the european union. they want to talk as you know, the new head wants to talk, supposed to be a very highly respected woman, and i look forward to meeting her. they want to meet, but we have a very unfair trade situation where the u.s. loses a lot of money for many, mu years, billions and billions of dollars. we don t want to be doing that, ....
United states, the epic battle of our times, it s going to go on for five or ten or 15 years. it s not going to be solved in one year but this is a good, good, good, start. charles: you look at the manufacturing data coming out from the feds. philly, kansas city, they expect something magnificent to happen. if things keep going this way, corporate earnings. we get better on the trade situation, the fed, how many more times can they cut rates? how will wall street react if they stop? i think they really need to. q3 gdp. strengthen the american economy. american exceptionalism is alive and well. where else are you going to go with your money where you get money back in return? i don t think the fed needs to cut more. will probably get somewhere around 2.5%, may be lower. charles: you think so? i think so. ....