How much would a China trade deal benefit the US economy?

How much would a China trade deal benefit the US economy?


CONNELL: WELCOME BACK. I’M CONNELL McSHANE FILLING IN FOR NEIL CAVUTO. WE GET INTO THESE RECESSION FEARS THAT ARE GROWING ON SOME CIRCLES BEHIND THE SCENES, THE WHITE HOUSE SAID TO BE LOOKING AT OPTIONS THAT MIGHT PROP UP THE ECONOMY IF THINGS DO TURN SOUTH. OUR PANEL’S HERE FOR THE NEXT HOUR. WILL RIND IS HERE ALONG WITH BILL McGURN AND JESSICA TAROLOV. WELCOME, ALL, AND THANKS FOR HELPING US THROUGH THE HOUR. WILL, WHERE DO YOU STAND ON THINGS? THERE’S THIS BIG DEBATE, EVEN THE PRESIDENT FLIP-FLOPPED ON WHAT WE SHOULD DO ABOUT THE ECONOMY, ON WHERE WE ARE RIGHT NOW. WHERE ARE WE?>>THINGS ARE DEFINITELY SLOWING DOWN. I THINK THAT’S NOW KIND OF WITHOUT ANY KIND OF DOUBT. THE QUESTION IS WHAT TO DO ABOUT IT. WE TALKED ABOUT OR THE PRESIDENT HAS TALKED ABOUT TAX CUTS. I’M NOT SURE THAT’S GOING TO BE SOMETHING THAT’S GOING TO STICK, ESPECIALLY WHEN WE’VE GOT A DEFICIT THAT’S GOING TO BE FORECAST TO A TRILLION DOLLARS NEXT YEAR. CONNELL: THE THING NOBODY TALKS ABOUT.>>EXACTLY. CONNELL: DEFICITS AND DEBT THAT KEEP GROWING.>>DOESN’T SEEM THERE’S TOO MUCH APPETITE TO CUT TAXES AT THIS POINT GIVEN THE SIZE OF THE DEFICIT. CONNELL: AND THE POLITICS. TRYING TO GET A TAX CUT THROUGH, RIGHT?>>I DON’T THINK A DEMOCRATIC HOUSE IS GOING TO GIVE DONALD TRUMP TAX CUTS THAT HE CAN CAMPAIGN ON IN 2020. I JUST DON’T THINK IT’S HAPPENING. CONNELL: JESSICA MIGHT DISAGREE WITH THAT. THEY HAVE NO PROBLEM PASSING A BIG TAX CUT BILL, RIGHT, IF TRUMP CAME TO THEM AND SAID LET’S INDEX CAPITAL GAINS TO INFLATION, CUT THE PAYROLL TAX, NO PROBLEM?>>YEAH. WHEN HELL FREEZES OVER, OR WHATEVER IS GOING ON. THE TAX CUTS AREN’T HAPPENING AS YOU MENTIONED. THERE HAS BEEN A FLIP-FLOP ON IT. THERE WAS TALK OF THE PAYROLL TAX, THEN YESTERDAY WHEN HE WAS FREESTYLING FOR ABOUT 40 MINUTES ABOUT LETTING RUSSIA BACK IN THE G7 AND WHATEVER ELSE HE WAS SAYING, HE MENTIONED THAT ISN’T GOING TO HAPPEN. CONNELL: I’M SURE YOU THINK THE ECONOMY’S SLOWING, RIGHT?>>I DO. CONNELL: WHAT SHOULD WE DO ABOUT IT IF NOT CUT TAXES? WHAT SHOULD WE DO ABOUT A SLOW ECONOMY? WHAT WOULD BE A BETTER IDEA?>>HM, WHAT WOULD BE A BETTER IDEA. CONNELL: YOU KNOW, THE REASON, I GUESS THE REASON I ASK, WE CAN TALK ABOUT IT, IS BECAUSE PEOPLE ON YOUR SIDE OF THE AISLE, THE DEMOCRATS HAVE BEEN ACCUSED OF SAYING ALL THEY WANT IS FOR THE ECONOMY TO ACTUALLY SLOW, TO GO INTO RECESSION –>>NO, WELL, I DON’T THINK THAT’S FAIR. THE CANDIDATES THAT ARE ON THE TRAIL RIGHT NOW, NONE OF THEM ECHO WHAT BILL MAHER IS TALKING ABOUT. I DON’T THINK ANY OF US WOULD WANT THAT. THERE ARE PLENTY OF PEOPLE LIVING PAYCHECK TO PAYCHECK WHO CERTAINLY COULD NOT LIVE WITH A RECESSION OR IT WOULD BE MUCH HARDER. DEMOCRATS ARE TALKING ABOUT THE REVERSING THE TAX CUTS THAT WENT THROUGH THAT BENEFITED PEOPLE AT THE TOP THAT WOULD INFUSE MORE MONEY INTO THE ECONOMY, INTO THE COFFERS, GOVERNMENT COFFERS, TO BE BETTER DISTRIBUTED. SO THAT IS ONE PLACE WE COULD START WITH THIS. WE ARE GOING TO TALK LATER ABOUT BERNIE SANDERS’ GREEN PLAN. CONNELL: SPEAKING OF DEBT AND DEFICITS.>>YES, BUT ALSO SPEAKING OF MORE GREEN JOBS AND NOT NECESSARILY ADVOCATING FOR HIS POLICY, BUT TO HAVE A BETTER KIND OF PLAN WOULD CERTAINLY BE AN INFUSION INTO THE ECONOMY AND LOOKING AT JUST REFORMS ACROSS THE BOARD. CONNELL: WE WILL TALK ABOUT THAT. WE WILL GET INTO BERNIE SANDERS LATER. BILL, LET ME TALK ABOUT THE “JOURNAL.” THE EDITORIAL PAGE THIS MORNING WITH ITS LEAD EDITORIAL WHICH MAKES THE SUGGESTION YOU WANT TO HELP THE ECONOMY, LET’S GET GOING ON TRADE, NOT JUST CUT A DEAL WITH CHINA, BUT TAKE ALL THE UNCERTAINTY OUT, FORGET THE AUTO TARIFF THREATS, THE STEEL AND ALUMINUM TARIFFS, THAT THAT’S SOMETHING HE CAN ACTUALLY CONTROL. I DON’T KNOW IF HE WILL MOVE IN THAT DIRECTION.>>LOOK, WE ARE PEOPLE WHO BELIEVE THE FIRST PART OF WHAT DONALD TRUMP DID, CUTTING TAXES AND DEREGULATING A BIG PART OF IT REALLY DID UNLEASH THE ECONOMY IN A LOT OF WAYS. WHAT THE MARKETS HATE MOST IS UNCERTAINTY AND THE TRADE DEAL WITH CHINA IS THE BIGGEST UNCERTAINTY. I LIVED IN HONG KONG FOR TEN YEARS. CHINA NEEDS A PUNCH IN THE NOSE. CHINA CHEATS AT A LOT OF STUFF. BUT TARIFFS ARE NOT REALLY THE WAY TO DO IT. ONE WAY TO DO IT THAT DONALD TRUMP COULD DO IS I THINK REVIVE THE TRANS-PACIFIC PARTNERSHIP. GET OTHER PEOPLE TO JOIN WITH YOU TO HAVE A FREER AND FAIRER, MORE OPEN SYSTEM. CONNELL: YOU HAVE A NEW NAME FOR THAT?>>TPP ISN’T HAPPENING.>>IT IS — THE SAME GOES FOR BRITAIN, WITH BRITAIN LEAVING BREXIT, I LONG THOUGHT WHAT THE PRESIDENT SHOULD DO IS PUT A FREE TRADE DEAL ON THE TABLE WHERE WE TREAT BRITISH GOODS EXACTLY THE SAME AS THEY TREAT OURS, THEN SAY IT’S AVAILABLE TO ANYONE WHO WANTS IT. THAT’S A WAY TO PUT PRESSURE ON PEOPLE’S BAD BEHAVIOR WITHOUT HARMING YOURSELF. CONNELL: IT’S A GOOD POINT. WE TALK ALL THE TIME ABOUT GIVING, YOU KNOW, WHETHER WE SHOULD GIVE IN OR CUT A DEAL WITH CHINA. BUT IF YOU JUST, EVEN IF IT WASN’T CALLED TPP OR WASN’T AN EXACT AGREEMENT LIKE THAT, IF YOU HAD EVERYBODY ELSE LINED UP AGAINST CHINA, AND YOU WEREN’T THREATENING THEM WITH TARIFFS AND MAYBE YOU START WITH BORIS JOHNSON, WOULD THAT HELP FINANCIAL MARKETS, RISK ASSETS AND ALL THE REST?>>I DON’T THINK IT WOULD HURT THEM. I THINK IT’S GOT TO BE POSITIVE AND JUST, YOU KNOW, WE DON’T KNOW OBVIOUSLY HOW POSITIVE IT WOULD BE, BUT I THINK THAT COULD ONLY BE HELPFUL TO THE SITUATION. CONNELL: YOU THINK WE NEED TO DO MORE?>>YEAH. CONNELL: SO IT’S GOT TO BE, THAT GOES BACK TO THE FED, THEN. IS THE FED CONTROLLING THIS WHOLE THING, ALL THESE MOOT POINT CONVERSATIONS, TALKING ABOUT WHETHER WE WILL CUT TAXES OR CUT A DEAL ON TRADE WHICH MAY OR MAY NOT HAPPEN? IS IT ALL ABOUT THE FED?>>THAT’S PROBABLY THE BIGGEST FACTOR AT THE MOMENT IN TERMS OF MARKETS, SPECIFICALLY. SO WHAT THE PRESIDENT HAS BEEN ADVOCATING FOR IN TERMS OF LOWER INTEREST RATES FROM THE FED, THAT’S CERTAINLY ONE POLICY WEAPON THAT THEY HAVE. THIS IS A PLAYBOOK WE HAVE SEEN MANY MANY TIMES BEFORE INCLUDING AFTER THE FINANCIAL CRISIS. I THINK AS BILL WAS SAYING, ALSO, YOU CAN LOOK TO FURTHER DEREGULATION, YOU CAN LOOK TO THE PUBLIC INFRASTRUCTURE OR PUBLIC SPENDING PLAN THAT WE’VE TALKED ABOUT BUT HAVEN’T REALLY GOTTEN UNDER WAY. CONNELL: HOW REAL IS THE SLOWDOWN? BILL, WHAT DO YOU THINK?>>I THINK THE SLOWDOWN IS REAL. I’M NOT SURE YOU CAN GO FROM THE SLOWDOWN TO PREDICTIONS OF IMMINENT DOOM AND GLOOM. I THINK THERE’S BEEN SOME SLOWDOWN IN INVESTMENT AND EXPORTS. LOOK, MARKETS HATE UNCERTAINTY. ONE OF THE THINGS ABOUT TARIFFS IS A LOT OF PEOPLE IN THE UNITED STATES SELL PRODUCTS THAT ARE MADE IN CHINA SO THERE’S HUGE SUPPLY CHAINS. IT’S A VERY COMPLEX THING. WHEN YOU PUT QUESTION MARKS, SOMEONE CAN MOVE THEIR PLANT TO, SAY, VIETNAM BUT THAT’S A HUGE EXPENSE. BUT IF IT FLUCTUATES YOU DON’T KNOW WHETHER THE TARIFFS WILL STAY OR BE GONE. ‘S THE VER IT’S VERY HARD TO MAKE EFFICIENT BUSINESS DECISIONS IN THAT KIND OF ENVIRONMENT WHICH IS WHY MARKETS SOMETIMES HATE UNCERTAINTY MORE THAN THEY HATE SOMETHING BAD, SOMETHING BAD THAT’S CLEAR. THEY CAN FACTOR IT IN. BUT IF THEY THINK THE PIECES ARE GOING TO BE MOVED EVERY OTHER DAY AND YOU SAW THAT WITH THE PRESIDENT PREVIOUSLY, DIFFERENT COMMENTS ON CHINA TRADE, WHETHER HE SAYS WE CAN REACH A DEAL OR NOT REACH A DEAL, IT SENDS THE MARKETS INTO TIZZIES. CONNELL: THERE’S A GREAT STORY IN THE “JOURNAL” ON THAT TOPIC, BECAUSE IF YOU WANT TO UNDERSTAND HOW THESE THINGS REALLY WORK, TO BILL’S POINT, IF YOU ARE A COMPANY AND WILL MOVE TO VIETNAM OR CAMBODIA OR WHEREVER, YOU KNOW, YOU ARE VERY SMALL YOU COULD DO IT TOMORROW BUT IF YOU ARE A BIG COMPANY –>>TAKE A LOT OF PLANNING. CONNELL: IT’S EXPENSIVE, THEN THE OTHER THING IN THE STORY IS THAT WHEN THEY GO TO VIETNAM NOW, SAY FOR EXAMPLE, THEY ARE HAVING TROUBLE FINDING WORKERS. VIETNAM IS A SMALL COUNTRY COMPARED TO CHINA.>>INFRASTRUCTURE AS WELL. AGAIN, WE ARE TALKING ABOUT HUGE MULTINATIONAL GLOBAL CORPORATIONS THAT ARE FOR THE MOST PART, U.S. COMPANIES, THEY ARE APPLYING WHATEVER GOODS AND SERVICES TO U.S. STANDARDS AND REGULATIONS AND THAT’S NOT SOMETHING EVERY COUNTRY CAN FULFILL OR HAS THE INFRASTRUCTURE OR TECHNOLOGY TO SUPPORT. CONNELL: IT’S KIND OF AN ARGUMENT FOR A PAUSE IN THE WHOLE IDEA. I DON’T KNOW IF YOU AGREE WITH THIS BUT IF YOU SAY THE GOAL IS TO GET AFTER CHINA AND THAT’S A NOBLE GOAL AND THEY ARE CHEATING AND STEALING, THAT MAYBE WE SHOULD ACKNOWLEDGE THAT IT TAKES AWHILE FOR EVERYBODY TO ADJUST TO THIS, LET’S KIND OF PAUSE AND SAY THAT WE’LL AGREE TO SOMETHING SMALL, THEN AFTER THE 2020 ELECTION WE TAKE IT UP AGAIN. I DON’T KNOW HOW THE DEMOCRATS WOULD REACT ON THEIR SIDE.>>A LOT OF DEMOCRATS HAVE BEEN ENTHUSIASTIC ACTUALLY ABOUT PRESIDENT TRUMP IN THEORY TAKING ON CHINA. IT’S SOMETHING CHUCK SCHUMER HAS TALKED ABOUT FOR A LONG TIME. IT’S RARE WE GET BIPARTISAN AGREEMENT BUT EVERYONE DOES THINK CHINA IS OBVIOUSLY GAMING US, PARTICULARLY CONCERNED ABOUT INTELLECTUAL PROPERTY, AND YOU SAW A LOT OF AGREEMENT CERTAINLY AROUND THE INITIAL SANCTIONING OF HUAWEI WHICH WENT AWAY PRETTY QUICKLY THERE. GOING BACK TO WHAT BILL WAS TALKING ABOUT, ABOUT THE TARIFFS, I’M ONLY GOING ABOUT THE RECESSION REPORTS THAT I HAVE READ, MORGAN STANLEY, GOLDMAN SACHS PUTTING THE LIKELIHOOD ABOUT 30%, 33%. THE CBO RELEASED THEIR REPORT SAYING THE AVERAGE AMERICAN HOUSEHOLD WAS LOSING $580 PER ANNUM AS A RESULT OF THE TARIFFS. I BELIEVE MORGAN STANLEY’S REPORT EVEN GOT UP TO $1,000. CONNELL: THE POINT ABOUT ODDS, THE CBO DID NOT PREDICT A RECESSION, JUST SLOWDOWN. SLOWER GROWTH.>>RIGHT, BUT STILL A TAX ON AMERICANS. THE ADMINISTRATION HAS BEEN MAKING THE ARGUMENT OVER AND OVER, LARRY KUDLOW, PETER NAVARRO, THAT THIS IS NOT HURTING AMERICANS. ALL THE DATA SHOWS THAT IT IS. CONNELL: HE STOPPED SAYING THAT SUDDENLY, STOPPED SAYING CHINA WILL PAY THE TARIFFS, STARTED SAYING A LITTLE BIT THAT YOU KNOW WHAT, IT MIGHT HURT SHORT-TERM BUT FORGET IT, IT’S WORTH IT.>>HE SAID THAT TO THE FARMERS, HE SAID THAT FROM THE GET-GO, THEY’RE WITH ME, THEY KNOW THIS IS A LONG-TERM PLAY, IT WILL HURT UP FRONT, BUT.>>THE PRESIDENT GIVES CONTRADICTORY STATEMENTS ON TRADE. SOMETIMES HE SAYS — CONNELL: HE DOES?>>– ALL I WANT IS FOR OTHER COUNTRIES TO TREAT US THE SAME AS WE TREAT THEM. BUT SOMETIMES HE GIVES THE SENSE THAT HE WANTS TO RESHAPE THE AMERICAN ECONOMY, TO WE WANT TO PROMOTE MANUFACTURING AND RIG THE SYSTEM IN A WAY TO PROTECT OUR MANUFACTURERS SO HE GIVES DIFFERENT SIGNALS ON THIS. THE FUNDAMENTAL PROBLEM IN ALL OF THIS IS COUNTRIES OFTEN CHEAT AND DO THINGS THAT ARE WRONG. NO ONE HAS FOUND A WAY TO PUNISH THOSE COUNTRIES THROUGH GOVERNMENT ACTION WITHOUT EXACTING OFTEN A HIGHER COST ON YOURSELF. REMEMBER, PRESIDENT BUSH, WHOM I WORKED FOR, PUT IN STEEL TARIFFS AND HAD TO WITHDRAW THEM BECAUSE HUNDREDS OF THOUSANDS OF JOBS WERE PUT AT RISK OF PEOPLE WHO USE STEEL. CONNELL: THERE WAS JUST AN EXAMPLE OF A STEEL MAKER THAT WAS OPENING A NEW PLANT IN — I CAN’T REMEMBER IF IT WAS PENNSYLVANIA OR OHIO, RIGHT ON THE BORDER THERE, AND THEY HAD SUPPORTED THE PRESIDENT’S TARIFFS ON STEEL. NOW THEY ARE SUING THE COMMERCE DEPARTMENT BECAUSE THEY DIDN’T

100 thoughts to “How much would a China trade deal benefit the US economy?”

  1. The US can't even taken down a tiny company called Huawei what makes you guys think the US can win China. Cheating?? Don't blame anyone except your stupidity and foolishness. Oh and by the way, the US cheats on everyone by promoting wars and rumors of wars.

  2. This discussion is not honest. Uncertainty is essential to market based capitalism. Plus the issue with China is not than getting them to reduce tariffs. We are under attack by China. These people are supporting China dishonestly.

  3. The whole world knows that it is the President of the United States who led to the decline of the United States. Only Americans do not know.
    If the President of the United States is not Trump but Roosevelt, will there be Americans who fear that the United States will be surpassed by China?

  4. If it is 'slowing down' it is only because the Banksters are being a bunch of anti-America CUNTS. Lower the interest rates and increase quantitive easing – and stop pandering to the COMMUNISTS.

  5. "benefit US economy"? lol i suppose it'll "benefit" mostly US farmers losing their business and US consumers with higher prices

  6. Democrats are in lala land..
    This has nothing to do with the Chinese people. It's about tackling the CPC who are a law unto themselves at the expense of many.
    With all due respect.
    They need to be put in place.
    Trump is doing what might be unpopular to some short term.
    But will make a brighter tomorrow long term.

  7. the simple answer is if we buy much less from china they won't want to or have the US dollar to spend buy american goods. so its kind of chicken eggs. unless you maintain a 300 billion or so USD trade deficit with china, china will have no money to spend on buying US exports so the relationship got nowhere but down from here….

  8. Looking at the statistics, says Manufacturing is the slowest it's been in 10 yrs for the month of August. I forge parts for the automotive industry and we've been busy as Hell this month. ?

  9. When will these chubby pundits talk about how much money 💵 the U.S. is bringing in from the slanted eyes 👀 in terms of tariffs Trump2020 has placed on China?

  10. We knew trump can do it very well. He already won the China trade war. He is going to take over hong kong when he win total

  11. We knew trump can do it very well. He already won the China trade war. He is going to take over hong kong when he win totally.❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

  12. Nothing can be done because its all bs.

    Intellectual property theft – lol. two years of this accusation and not one thing has be claimed stolen.

    It has less evidence than Rusdiagate but pliticians repeat the lie time and time again.

    The deal was cheap kabour &access to the biggest market in return access to our markets and technoligy transfer. Now we want to back track on the deal and clsim technology has been 'stolen'. So what got stolen from who and how?

    Want to balance the trade deficit – stop buying rare earth metals from China and save $400bn p.a. but that would screw US high tech. Fortunately a deal is a deal and China still sells rems to US.

    Truth is US wants to screw people over.
    Denmark doesn't want to sell Greenland to US, so no doubt they will be the bad guys who are screwing the US over.

  13. We knew trump can do it very well. He already won the China trade war. He is going to take over hong kong when he win totally.❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️tax cut coming soon

  14. FOX will defend Trump no matter what, even it if they have lie about how Tariffs work to do so. A tariff on Chinese goods is paid for by American consumers of Chinese products; industries which require Chinese goods to produce their products will raise the cost of their products to compensate for Trump's tariffs; meanwhile China doesn't pay anything. China must be aware that Trump doesn't know how Tariffs work; I would imagine they will take advantage of this fact by introducing some small tariffs of their own to bait Trump into burying the US economy by adding more severe tariffs.

  15. Concerning the brunette bimbos response about getting rid of the tax cuts one has to look at it from a business point of view. The economy has slowed down some but it's not devastating. And in truth really the only ones it's affecting right now are the CEOs and their profit margins and ultimately their paycheck. We're not seeing any layoffs we're not seeing any reductions in pay. Ultimately I think this is all media hype as usual.

  16. I lived in China for ten years. Let’s take imported autos as an example. An imported auto in China can easily cost double what it does in the USA or Europe. It’s not only tariffs but, special import taxes as well. There is definitely not an even playing field. This is the way it has been since the Chinese started importing autos. It is not something recent. Most of the “leaders” commenting on China trade have no idea what reality is.

  17. After decades of Nafta and Democrats sending our jobs to China. Now you are worried that American companies can't recover moving their businesses. Interesting. You have to crack a few eggs to make an omelette. Thanks Potus.

  18. Seems to me that Trump believes in fair trade as well as countries paying their fare share. If you lie to be and break promises for years and rip my country off then there has to be consequences. China has snubbed their nose at us for years and no politician has ever put them in check. Now with a world savvy non political business man that has decided to make China accountable for their actions WE Will see benefits. Other countries have been intimidated by China and not pushed for fair trade but they will eventually jump on the band wagon. If China were to participate in free trade the Chinese people would be the winners as well as other people.
    We just saw a tanker released to Iran that will benefit isis and possibly cause us even more problems there. If these other countries will line up, we can have a safer environment for All of our families.

  19. Cut taxes and push entrepreneurship manufacture our own goods, China doesn't buy most of our goods and we are buying tons of cheap trash from China.

  20. President Trump ought to tell the Chinese; "give me what I want now because if you wait until after my 2020 election, then we're going to kick you out of the WTO"

  21. You know the crazy thing is that US companies should be making their goods here and move their manufacturing back here to the US which would benefit American workers and boost the economy every more so , screw China they are unfair they always want the edge and the US for the longest time has been screwed over by the Chinese , thanks President Trump for standing up to foreign countries that have for far too long taken advantage of us and thank you for doing all you can to make our border with Mexico more secure , the thing other presidents always said they would do but did nothing didn’t even try to do anything , thank you for trying all you can as only one person , one day this country will wake up maybe before it’s too late !!!!!! Wake up America !!!!

  22. Any trade with the communist country will enable them to take over more territories and manufacture more missiles and aircraft carriers to threaten the free world.

  23. I ponder if the 'dems screen their party to ensure they are dumb enough, Jessica seems to represent that idea. What have the 'dems done to work with the President? All they do is oppose everything in the White House…what a pathetic party they have created and I think Jessica represents them well. Of course it shows what poor the 'dems are at working with ANYONE, let alone Republicans. The comments coming from the 'dems are laughable, Pelosi must be embarrassed.

  24. I HAVE A QUESTION ! WHY DOES THE U S A TRADE THINGS WITH CHINA LIKE FOOD AND IN RETURN WE GET THE SAME THINGS FROM CHINA ? WHY CAN’T WE STAY WITH OURS AND THEY STAY WITH THEIRS ? THE PEOPLE FROM CHINA WILL NOT EAT THEIR OWN FOOD BECAUSE THE FOOD HAS CHEMICALS .THESE ARE THE SAME FOOD THAT CHINA SENDS TO THE U S A !

  25. Would someone once and for all tell JESSICA we know she is full of hate, just like Juan Williams. Tell her to STFU

  26. Rich people don't pay taxes they have the most extreme tax breaks especially if they own a company or so. Taxing the rich is a front. Best thing is to tax the Federal Reserve and do people know the Federal Reserve is not part of any government dept in fact its own by a private corporation that's connected to a foreign country

  27. President Trump knows exactly what he is doing and he chose that word “order” intentionally. He also understands the limits of his power. The “sky is NOT falling”. But the big battle is beginning 🍿🍿 The World Economic System is being re-ordered. 🍿🍿
    That’s great news for everyone except the Globalists, The Elites, Wall Street, USCOC, the Banksters, The CorruptOcrats, The Deep State, DemocRATS & RepubliCONs, and the Owners of our Politicians.

    If you don’t belong to one of those groups you will be cheering 🥳 😃 👏🏻

    🇺🇸M🇺🇸A🇺🇸G🇺🇸A🇺🇸

  28. As usual these clowns demonstrate short term thinking. I’d be willing to go through quite a long term global downturn if China was punished and severely! We need to sever trading ties with China- find other suppliers. Divorce them

  29. Potus can win the trade war with China ,if only the people, business corporations, democrats and the whole of USA support presidency's initiative.

  30. The top democratic candidates plus others want to place"tariffs" raise taxes on American corporations. Who will pay for those tax increases? The American consumer. At least Potus plan of tariffs are for the purpose of protecting our companies from a bad actor ,China to either change their ways or realize we will not be taken advantage of. There will be relief from the tariffs because many U.S. companies will shift out of China. There is no relief for the American consumer from the Democrats tax increase on U.S. Corporations.

  31. Something has Really gone off the Rails at FOX.  They are sounding more like CNN every Day. Bernie Sanders has a supporter in Glasses Girl who is the Worst Economic Analyst I have Ever Heard.  China's National Debt is over $ 40 Trillion Dollars.  They have abused the WTO and the WTB.  Without access to the US Market, China will go Bankrupt.  The YUAN only has Value because of their US Dollar Holdings. China has Grossly Mis-Managed their economic Growth.  Plus this whole situation is the result of Past US Presidents favouring investment in China over the USA.  These are the Worst Reports I have heard from FOX in a Long Time.

  32. Let's get this straight. The US GDP has reached $23 trillion (with a T), and the total amount of money that the US exports American goods each year to China, is about $170 billion (with a B), which is NOTHING compared to the US GDP. It's approximately less than 1% of the US GDP or 0.74% to be exact, so what's the big deal about the trade deal with China? Stopping the trade deal with China is the right thing to do because it didn't bring any great benefits to our American economy AT ALL!  The ratio of the yearly trade money with China to our economy GDP proved that our country is doing just fine, with or without China.

  33. Remove tariffs first. Tariffs hurt both sides and other countries. Bipartisan investment infrastructure in the US.

  34. To worry about $500 in extra product costs you have to have a job. 6 million more people are working today than 2 years ago. We need to export products and services, not jobs.

  35. I cant stand someone that asks a question and then interrupts the guest before the question is answered and then tells us the answer according to the interviewer … Bye Bye

  36. I read all these comments on here. I can’t believe you ignore the facts, farmers and steel mill are losing here. Coal miners didn’t get there jobs back, you lost for voting for trump.

  37. If it's a FAIR deal-YES! If it only stays like it is now-DISASTER! Why do the Dumocrats have erectile disfunction when it comes to getting tough on China?

  38. Chir. A man fed who hate American president mr trump .
    Mr fed must cut off interested rase from bank account. Economy is good in America . Praise the Lord Mr trump. Does fake news cnn tv news msnbc,abc,nbc,cbs,all fake news made American people go to not . Stop play games with American people! ! ! Liberals are non ,happy with cut off food stamps . Stop food stamps! !!

  39. It’s not China, it’s Red China. They shoot millions of their own people. Does that tell you enough on how to deal with them! Pack up and go to India.

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