Detailed text transcripts for TV channel - MSNBC - 20190806:13:36:00
Too. i mean, he has had the view from the beginning that we have leverage over china because we have a big deficit with them so if we stop buying we put on tariffs, we can hurt them more than they can hurt us. i think china is signaling here that they can hurt us, too, and they can counter the tariffs, which is what they've done in allowing the rmb to decline. i don't think they pushed it down. i think they just let the market work its will. i think they can continue that for sometime. they have other tools. last night they announced they were going to stop buying agricultural products. they k...