tv [untitled] October 20, 2024 7:00am-7:31am PDT
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ringing. get your business ready for business with seo experts on fiverr. >> have i got news for you? >> saturday at nine on cnn square. >> welcome to all of you in the united states and around the world i'm fareed zakaria coming to you from new york today on the program and then there were none with the death of hamas leader yahya sinwar, israel has eliminated the top leaders of both hamas and hezbollah so what is next for israel and its adversaries? >> i'll ask the experts also, the american ambassador to japan, rahm emanuel on china versus taiwan's from places harris much more finally, i'll
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give you a preview of my new special america first premiering tonight at 8:00 p.m. eastern and pacific but first here's my take from the start of his entry into political life, donald trump has had one enduring advantage he's a rich businessman and he played a super successful one on television. you're fired. >> so the feeling is he must know how to grow the economy in fact, almost everything trump proposes would have the opposite effect dick his most important proposals. ones that he talked about at length at the chicago economic club this past week, sweeping tariffs on all imported goods it's rare to find a topic on which economists agree a strongly as they do that this would be bad for growth and cause inflation to spike. take a look at what happened when trump place tariffs on imported washing machines in 2018 that tax paid
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by companies like best buy was passed on to consumers, leading to sharply higher prices for imported machines. soon domestically made once raise prices to local manufacturing of washers did increase by about 2000 jobs in the euro or so after the tariffs way implemented. ironically, mostly at samsung and lg factories in the u.s. >> an important study found that in that time, american consumers paid around 1.5 billion in higher costs to gain those jobs or a staggering 815,000 dollars per job. >> the terrorists finally expired in 2023 and imports spiked suggesting there effects were temporary and that doesn't take into account the cost to american jobs when foreign nations retaliate and place tariffs on american goods when china retaliated against
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trump's tariffs by raising its own taxes on american agricultural exports trump paid tens of billions of dollars in subsidies to american farming companies to compensate them for their loss business in china most of these subsidies, by the way, renter large american agrobusinesses the effects of tariff policies are inherently regressive. the average american consumer pays for them, and the benefits go to a small number of favored industries and companies they're also inherently political, favoring lobbyists and well-connected companies. >> the government always issues some exemptions from tariffs and an academic study found that the trump administration was significantly more likely to grant exemptions to companies that donated money to republicans the study's co-authors concluded that the tariff exemption grant process function as a very effective spoil system, allowing the administration of the day to reward it's political friends
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and punish its enemies tariffs also tend to be immortal. >> they often stay on far longer than the problem they're trying to solve remains relevant, especially when the beneficiary companies lobby hard to keep them in place. the united states has a 25% tariff on imported light trucks it was put in place as a retaliation for france and west germany's tariffs on american chicken in 1964 the chicken tariffs along gone, but 60 years later, the truck tariff remains these examples, all small small-bore-specific tariffs on one or two goods trump's proposal of sweeping taxes on all imported goods would have much broader implications. the peterson institute concluded that depending on how fully trump would carry out his policies the american economy would be two 2.8% to 9.7% smaller than otherwise by 2028
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and inflation would be between 4.1 percentage points and 7.4 percentage points higher than otherwise by 2026 the center for american progress action fund calculated that the typical american family would pay up to $3,900 more for goods and services each year. add to this trump's plan for mass deportation of undocumented workers at a time when unemployment is at a close to 50 year low. and you will almost certainly have a shortage of workers, which will lead to higher wages. now, this may sound good, but it would certainly contribute to inflation the deportation proposal also cannot fully capture the loss of innovation to the economy, given that immigrants are disproportionate ly more likely than native born citizens to start businesses the damage these proposals would wreck on the american economy is much greater than any supposedly anti-business proposals. a democrat might offer, say an increase in
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corporate taxes. but the biden-harris administration has also too readily jumped onto the tariff bandwagon, having campaigned against trump's china tariffs, biden largely kept them on. one of trump's strongest lines in his debate with harris was to point out that if she opposed his tariff proposals, how good some shared biden have kept most of them recently, the biden administration completed an exhaustive review of trump's tariffs. and it showed that the tariffs have been fairly ineffective in changing china's behavior. and also in revitalizing american manufacturing and yet, the administration concluded that the tariffs should be kept on or even increase because maybe at some point they would work in an age when government intervention is invoke. let us not forget the main lesson from decades of economic policy around the world countries that embraced markets and trade have been the ones that grew fast
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and raise the incomes of their people countries that use taxes, tariffs, and regulations to give the government a major role in steering the economy generally got low growth and lots of corruption the trump can embrace the latter model is a reminder that this celebrity businessman doesn't really understand business for more, go to cnn.com/fareed to read my recent washington post column on the subject and let's get started kill list, yahya sinwar, the leader of hamas, is dead. he was a mastermind of the october 7 attacks, the deadliest day for jews since the holocaust. in the aftermath, israel declared him a quote, dead man walking on quote. so what does sinwar's death mean for israel and its broader strategy
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joining me from tel aviv is miri eisin. issues that retired colonel in the israeli defense forces and a fellow at the international institute for counter-terrorism thanks it's for joining us mary, by my first question is, does this this achievement of a long-held goal that is where really put front and center allow prime minister netanyahu to declare victory and start negotiating in earnest for a cease-fire. >> does it allow him? him to pivot it doesn't contradict fareed, meaning this isn't about declaring victory for israelis until the 101 hostages are home. >> there is no victory. having said that, it does enable the opportunity to really get back to a negotiation which will bring back those 101. as long as yahya sinwar was that military terror leader of hamas in the gaza strip. there was no way to go he was not willing in any way to negotiate over the
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101. now there is that opportunity so what we had heard from many reports from from the qatari government was that hamas had broadly agreed to some terms for a cease-fire and a release of hostages are you are you saying that from what you can tell that was not true and sinwar was the obstacle i think that president biden himself has said that also hamas is not just yahya sinwar. >> so let's be clear. he's dead and there will be somebody else in his stead, but he most definitely lead a very hard line idea, both in planning and executing the horrific attack. as you mentioned before. but from then on, having very hard stance when it came to the negotiation, hamas that said in qatar, hamas that sit outside have slightly different opinions. this isn't about hamas suddenly recognizing the state of israel, but it's about a willingness to arrive at some kind of resolution that could
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work for both sides. >> and what is then the continuing strategy because it seems to me that if this is such a landmark achievement and if the decimation or the decapitation of metrics. then is it, is it fair to ask, was it necessary to destroy 75% of all the buildings in gaza? and have all these civilian casualties if what was really being, being the real strategy was to get these people most of them all. but sinwar, i think what gotten through very careful intelligence and strategic, very limited strikes that? you need to destroy three-quarters of gaza's buildings to achieve this fareed, i'm going to push back a bit at the question itself, because at the end of the day,
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hamas is the one under yahya sinwar, as they're calling him the executer in the mastermind of the two fun flood the al aqsa to found flood on october 7 and they are the ones who planned and executed to take out the immense amount of hostages that were taking. >> they're the ones who built over years a subterranean, underground system, not for the people of the gaza strip to protect those hamas terror fighters and in that sense, what they built was defenses just for hamas. and i don't know of another way because you asked did we need why did hamas do this attack? why are they holding the hostages? why have they not let them go? why have they allowed it to continue i would ask hamas, not yahya sinwar, who is dead. and in that sense, i will not miss him. and whoever comes in his stead, i'm going to ask them, why are they using all so of the gaza strip as their protection? why are they not letting the hostages out? why
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are they acting as if all of this is not their own fault? >> no, i get that. and of course, getting the hostages out through the ceasefire is clearly a central goal. but what i'm trying to get at is what then is the broader goal? because there are people in israel who as you know, who say well, what we need as a kind of de-nazification of the god of the entire gaza strip of the overall palestinians i i'm trying to get how would that be achieved and all this bombing going to achieve that, where where does this go? if this is not the point at which two to stop? >> so first of all, i'm with you. i would like to stop. i did not want this war. i want it to be over. i want the 101 hostages to be home. and my heart goes out to what has happened to any innocent civilian, any uninvolved civilians anywhere within this war as it's going on. what i want to approach in that sense are two different aspects. there's the military aspect,
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hamas built under this yahya sinwar, and this is something that was done over many years, not in the last year, not in the year that netanyahu came into power over many years, they built an enormous and i'm using this term not lightly their army. what do you do with the terror army? i don't have a good answer for that and i don't think that anybody right now knows what to do with it. what israel has done is trying systematically to destroy the terror army capability to prevent an october 7 attack. people are like what they did october 7 he to. prevent they're doing it again. i want a different education so that it doesn't seem okay for anybody to support what hamas says, the destruction of israel that they write into their charter that jews are pigs. that's the good part. they write worse things. i'd like them not to support, please. vola not to see those flags flying on us campuses lead loan anywhere else in the world? i want a better future for the palestinians. but what do you do against the terror army? you
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can't allow them to define what's going to be the next step. that would be a horrible message, not just for israel, but for the entire world. >> miri eisin. thank you so much for joining us on the program fareed. >> thank you for inviting me next on gps what is next for hamas? high ask a top expert on the group brought to you by fisher investments. >> clearly different money management >> we may look like other money managers, but we are different. how so we're a fiduciary, obligated to act in our client's best interest. >> so we don't sell any commission-based products, then how do you make money? >> we have a simple management fee structured, so we do better when our clients do better the clients really come first, then yes, we make them a top priority by getting to know their finances, family, health, lifestyle, and more well, maybe
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mastermind behind the october 7 attacks sinwar's death this week is surely a big blow to the group, but a senior hamas official said friday that each time a leader is killed, the group gets stronger and more encouraged to achieve a free palestinian state joining me now is tarek bocconi one of the world's top experts on hamas derek, welcome let me ask you this that the question first of all, is this assassination a big deal for hamas or is the organization as we often hear, a very decentralized and there was civilly simply signed find somebody else. what does it mean that he no longer? runs hamas in gaza well, of course they are taking out of the top leadership in this way is something that's organizationally challenging for the movement that's not debatable however, i think this focus on a singular person is overrated. >> i think that hamas will survive this they keep thinking
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about 2000 about the early 2000s during the second intifada, when hamas is top leadership first media scene and then at ntc were taken out one after the next, and then movement evolved in a way that allowed it to both grow as an organization, but also to protect it's top leadership from these kinds of execution by israel in the future and fast-forward from the early 2000s, we get obviously sinwar at the top of his position, and hamas and hamas and then as someone who was key in the october 7 attacks. so this idea that removing the top leadership in this way weakens or decimates hamas. i think there's not is not in accordance with reality and the fact is that because of the way that he was killed, and we can talk about that because of the way we that israel has been waging a genocide over the past here, there will be an increasing commitment to hamas
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and a growing membership base. and we'll have to wait to see who they elect a new leader. but i don't, i think hamas, we can say, is weekend, but certainly not decimated do you think that his having been eliminated means there is more likely there will be some kind of a ceasefire deal and a return of hostages. >> what was he the obstacle to that deal? >> i heard what your previous speaker said and i think it's ludicrous that we're still in a conversation we can about sinwar having been the obstacle when everyone, including the americans have admitted that netanyahu has been the key obstacle in every certain, in every negotiation that has happened. netanyahu has changed their rules of the came all the way up to executing the top negotiators might honey a few weeks ago in order to make thanks. sure that no ceasefire negotiation would be achieved. i think we have to be very clear. this is not about a ceasefire for netanyahu. this is not about the return of the
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captives. we know it. the american administration knows that the families of the israeli hostages, knowing this is about israel's specifically the netanyahu government completing its genocide in the gaza strip and expanding that war regionally in order to reshape the middle east. they say it openly and i think it's about time we start listening to what israeli leaders are saying even today after after sinwar is executed, we have netanyahu saying this will be a blow, but this is not the end of the game. we will keep going for the israeli government. there is no stopping them until they have completely eliminated the question of palestine weather in this round or the next, and this is the only motive that's driving its any lighter moments let me ask you about the ir in his strategy or his tactics. i mean, it seems to me that october 7 was even by the standards of violent national liberation movements. i'm thinking of movements in
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africa, african national congress it went far beyond in its brutality and most of those movements were generally had rules about no, no attacks on civilians, nor attacks on women, nor attacks on children no rape. it was not all of them, but many of them. this seem particularly brutal and i'm wondering is there, is there within the palestinian movement, even the armed resistance and we're feeling that this was, there's went too far and it didn't work. i mean, look at the destruction too for palestinians, it has unleashed, well, i mean the fact that it worked or didn't work we're living in a moment of historic rupture. we're going to be steadying and thinking about this moment for many years to come. i mean, if you think about algeria since you brought other anti-colonial struggles, algeria or vietnam or south africa, the death toll on civilians has been
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horrifying. you would go to an algerian now and say, was it worth it to have more than 1 million nigerians killed to fight, to fried french colonialism. or if you go to the vietnamese and it wasn't it worth it having hundreds of thousands of vietnamese killed to fight american imperialism, the question isn't that whether it worked or didn't work? the question here's why do so many palestinians have to die before the american administration understands the cost of maintaining israeli apartheid and sustaining a jewish supremacists regime and palestine line. the first person to argue that there needs to be affirmed. investigation to understand what happened on the day. but this is certain not something that can regardless of what happened on the deal which we must not think of the genocide of the past year as being linked in any way or being a retaliation to that day. what's happening today is the actualization of israeli policies of genocidal intent, which they've been talking about for years before october for seventh all right.
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>> we will have to leave it at that dark. i appreciate your coming on the show thank you very next on gps, i talked to rahm emanuel, the u.s. ambassador to japan about his new plan. the counter china and about the 2024 presidential before election day. vice president harris basis voters and takes to pressing questions, lie anderson cooper moderates a cnn presidential townhall kamala harris, wednesday at nine eastern on cnn love because of asthma get back to better breathing with the sanra, an add-on treatment for eosinophilic asthma that is taken once every eight weeks to senora is not presented. >> breathing problems or other us him feel that conditions since allergic reactions may occur, don't stop your asthma treatments without talking with your doctor, tell your doctor if your asthma worsens, headache and sore throat may occur. tell your doctor if you have a parasitic infection step
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