Detailed text transcripts for TV channel - FOXNEWS - 20170905:13:18:00
Risk of over selling the effectiveness of sanctions when the head of j.p. morgan and goldman sachs and citibank and wells fargo call steve mnuchin and say you're hurting us. sanctions work if you're prepared to bear pain yourself. i don't know if the united states is ready for that. i don't think it would work. that's the real irony of it. we could impose massive sanctions on china and i don't think it would move them. you have to appeal to china's self-interest here. therefore threatening things i don't myself have support -- like nuclear weapons for japan may help get their interest. the onl...