Page 11 - Trade Stuff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canada launched their tariffs. friday was big d day for china and america. the headlines were written. the only thing that changed is a reverse sal in the markets. what is interesting, manufacturing data out today. everybody who took this survey talked about the concern of tariffs but the manufacturing data itself blew away consensus and points an amazing manufacturing renaissance. so two things co existing. reality of a juggernaut economy and the other, a growing economy. >> neil: would you still tell people to stay in the market or ignore the trade stuff or what? >> both. i would ignore the ...

Getting soldiers killed in the war returned to the us. and he also spoke about the economy. there was also the topic at the roundtable discussion on tax reform that followed his speech. he talked about tax cuts and created 3.4 million jobs since he was sworn in. the other big topic was trade. he tried to down play each fears of the country being hurt by a trade war. >> a lot of things are happening, the trade stuff is coming along, just starting. but it's going to happen because we are the piggy bank everyone like to rob from and steal from.unfortunately, we have great allies and great friends...

And european union and we are working on china and everybody is coming back -- have you been seeing what's going on with steel industry, u.s. steel is building six plants or expanding. [cheers and applause] >> steel company today announced 500 million-dollar plant and that's been built in many years, a long time. the steel industry has started. we need steel in the country. we need steel including for national defense, we have to have steel, a lot of things are happening. the trade stuff is coming along. just started but it's going to happen because, you know, we are the piggy bank that everyb...

Better. >> neil: and it's okay. >> yeah. everything is honky dorie in 2008, 2007. i remember when the switch went on and it wasn't. i'll say this. if donald trump gets peace in our time, the markets will go up. got you. if he doesn't do anything bad, markets he trade off. this trade stuff that he's doing, the role of the dice, the market -- right now can markets -- >> they don't think anything will happen. >> yeah. but there's big unexpected stuff that came in the past. you have tax cuts that will increase the size of the deficit, which means we'll get higher interest rates in i way because we...

Bitch. you know, who likes the sound of that? china because what china is saying is we're not going to do that. suddenly xi jinping talking about he's the leader of the international order the way he talks. i describe in describe this in . the last meeting we had with xi jinping, obama as saying trump might act on this trade stuff. xi said if an immature leader throws the world into chaos, the world will know who to blame. they are not waiting to take advantage of this enormous vacuum. i worry that by the time we get to the end of the trump presidency america's leadership role in the world whi...