campaign promise to recast washington's trade relations with the world trade relations with the world the reaction has been loud and the reaction has been loud and swift are we on the verge of a swift are we on the verge of a global trade war global trade war. cross talking a possible trade war cross talking a possible trade war i'm joined by my guest steve malzberg a new i'm joined by my guest seamounts we're going to keep the conservative he is a conservative political commentator on twitter also also in new york we have sarah sarah sure issue she too she's an associate professor of the professor of economics at least at the state university of university of new york and exit are we are we have macleod he is head of mcleod he is head of research for gold gold

money all right cross right. and that means you think that you can jump and you can jump in even any time time you want and i always always appreciated let me let me let me let me go to go to sara for sara sidner first in new york and new york on skype here you can hear. it's not hard to find the term it's not hard to find the term trade war in the in aid war in the mainstream media queen stream media corporate media here at media here are those over are those over lower blue next own expectations because because i've been looking at a lot of c.e.o.'s i've been looking at a lot of c.e.o.'s who are reporting reading on. bloomberg and they're keeping their forecasts more burg and they're keeping their forecasts more or less the same they're. the same their. best project and projections moving forward of course are most that are mindful of the full of this but i sometimes wonder if

it's being obese but i sometimes wonder if it's being a bit overblown you know donald trump is a overblown you know donald trump is a larger than life figure go ahead sergeant than life figure in new york. had sarah in new york. well right now we're not entirely well right now we're not entirely sure why it's president higher least sure president trump disappointed you i'm disappointed you. but that being said he has stated that that being said he has stated he's going to implement until he did that he's going to implement fifty billion dollars in tariffs on billion dollars in tariffs on goods imported from china goods imported from china and this is going to result in and this is going to result in tally until the end story the. end tag tax cuts from china china china china has promised has promised to impose tit for tat do impose tit for tat terrorists terrorists on us the u.s.

goods and this is going to strongly affect the goods and this is going to strongly affect both the u.s. and china into the u.s. and china in terms of consumers and producers terms of consumers and producers and in fact we're already seeing sellers and in fact we're already seeing some of the blowback from that come of the blowback from that. when china has stopped purchasing on china has stopped purchasing soybeans friens from the young the u.s. u.s. i do just read the threats threats. trade trade war they and they canceled about canceled about sixty three sixty three thousand metric tons of soy thousand metric tons of soybeans by mid april ends by mid april and they're purchasing a lot more and they're purchasing a lot more from russia a lot more from russia a lot more from brazil and brazil and american farmers and michigan in iowa

erick and farmers and michigan and iowa have already been hit really hard have already been hit really hard ok will you start ok will you steve. i mean obviously. there is already brought it up it's already brought up the blowback here. i mean i get it i guess if you're going to get if you get into it get into a trade war and you consciously get into a trade into a trade you have to or you have to figure figure you got more you got more punch to the punch the other the other guy or guy or other guys or other guys because the europeans are furious right now as the europeans are furious right now but they've been very much coddle now but they've been very much coddled over the last seven holds over the last seven years and i'd like to talk about that i think years and i'd like to talk about that i think there needs to be a redress of issues that there needs to be

a redress of issues there they say there is an issue which there they say there is an issue with china and i think is separate i think is separate but you know donald trump let you know donald trump made a campaign promise and made a campaign promise and he's keeping it for better or worse and he's keeping it for better or worse steve absolutely eve absolutely and you know china and the and you know china and the european union canada mexico the european union canada mexico the. separate separate this is separate issues really separate issues really and i think the ultimate goal is that china i think the ultimate goal is that are to bring down the three hundred fifty dead or to bring down the three hundred fifty fifty billion dollar trade debt of fifty billion dollars trade deficit that we have with china but also said that we have with china but also to get them to stop stealing our intellectual get them to stop stealing

our intellectual property and probably pretty and treat treaty just more and more fairly early in the in that respect spec so i think that's part so i think that's of a grand squat of a grand scheme plus plus as if you're a political consultant considered. iterations beads beyond trade in economics that china trade in economics that china plays into into as far as as far as canada and mexico and mexico especially canada the canada and the european union that are there and the european union are really in there really ticked off ticked off that off that truck traffic is use using using the pretext of national security the pretext of national security to implement these tariffs already to implement these tariffs i don't limit them and seal in particular aluminum and seal in particular and that's taking them off no and that's taking them off no way and trudeau has been very outspoken and trudeau has been very outspoken about that but i think when push comes in about that but i think when push comes to shove they need us to shove

they need us more than we need them they know what then we need them they know that that trump is a grand dad trump is a grand master at bargaining asteroid bargaining and negotiations and negotiations and this and this is all part of it i believe ok it is all part of it i believe it will look it will steve will go back to the get go steve will go back but i. think that but i. i think it on the whole you're right but i think on the whole you're right but i think the u.s. and the trumpet ministry think the u.s. and the trumpet ministration is under arrest is under arrest to meeting the ins options others others have in the world have in the world are litter you could add let me go do that or exit or i'll listen to react to some actors or the things some of the three have said things we have said here here. because as. there's a very very real possibility that it could be a real could be

a real trade trade war but i don't think with war but i don't think there you're there yet it depends it depends on the hands on how in the how everybody everybody reacts ok and not just who will react ok and not just two words donald trump is good which is good with words but say about x. but see about actions let's go douse alister go ahead. yeah i mean i don't i don't quite buy that quite buy this story that story that. you know that that trump is really having a go at trying and all the rest was really having a go at trial and all the rest of it but i think it is part i think it is part and it goes in the process and i think we have to bear a process and i think we have to bear in my mind that there are two things going on in the background that there are two things going on in the background firstly we've got midterm elections and firstly we got midterm election coming up later this year good points coming up later this year secondly there seems to be.

seem to be an ongoing battle with be an ongoing battle when the white house between within the white house between the established intelligence or the established intelligence service services is it seems to me to me and donald trump and maybe that and donald trump and maybe. the military on his side of the military on his side and and so there is also there is a sort of turf war going on which on which actually actually is all about g.o.p. is all of politic geopolitics and i and i think we've we've got to look to look at all that all this all this sort of talk talk about about. trade you know trade wars and all rest of it in that content text but we have we saw over north korea all over north korea i mean i mean couldn't get very very aggressive

can get very very aggressive threatening to you know rocket into you know rocket man and all the rest of it and then the next thing we know and all the rest of it and then the next thing we know. they're talking and they go they're going to meet and think of singapore paul and then it's on it's off and then resigning from them again and again. i thing. i think those that oreos story is going to run and going to run and run and run and run now now i'm not not actually wild actually pessimistic wildly pessimistic about it what trump is rump is is is is doing is and i think that doing i think that there are talks going that there are talks going on which would on which are not privy if we're not privy to to be true between america america trying to find and also america and russia and also america and russia on on on trade on trade now when it comes to the e.u.

comes to the e.u. i think that's a slightly different thing because the thing that's a slightly different thing because the either you is the one protection or you is the one protecting this block yeah i think america in this block yeah i think america is chris protections as well but i certainly detections as well but i certainly don't see russia and china being protected and see russia and china being protectionist and missed and this idea that they do that by putting up. trade barriers or terry areas or tariffs that. that huge you can loose your reduce your deficit deficit that to me is a commit that to me is a complete misnomer because or because the trade deficit is considered price comprised prized of of the excess the excess production of money wouldn't of money than it within the economy. and this is what this is why you get why you get the

twitch when debt and deficits visit. a fair effect and this is and this is why why if you get one country get returning to say one country turning to see more than more than the other country of the country you're going to get well again tend to get and tend to get a trade. a trade deficit ticked up a so it's to those who wear the so it's those who wear the i'm being balanced and so it is. just dark dark problem and i think that's the thing that really really needs very needs to be addressed and i to be a christian i just have to hope that behind all this right behind all this rhetoric that either donald trump or rick but either donald or is a or his advisors actually understand the visors actually understands point of this point and know when to night i'm sure to know when to i mean i wish i knew who i. am and i would draw if i could draw or if i'm glad you brought that up because you know and i'd rather

have because you're going to go to sarah now if you're right now just in the interest of the steve what steve said i said an announcer just said here i'm sure just said here there are some there are so many many dimensions to all of this this i'm worried about but the law of unintended consequences and in consequences because because china isn't the european union union there are very very very very different scenario you want to etc you want to tell you what you want a job and a job and even when after is that after is that steve. go ahead and i think that there's a i think there's a promise a strong standing about what ending about what a trade deficit yes if this is. the trade deficit this is a trade deficit is not necessarily a bad the. it's not a win or love it's not a win or lose type of situation when you lose type of situation when you have

a trade deficit that means that while the trade deficit that means that one country is purchased and country is purchasing more goods from the other country to see more goods from the other country they are from. they are from from the first country and from the first punch. three and it's not necessarily a bad thing it's not necessarily a bad thing but both sides have to go to sides have to have get to engage in trade and they have yet to engage in trade and the issue with them and the issue with the with china is that with china is that they purchased they purchase less from the u.s. less from the u.s.p.s. because it does that g.d.p. per capita there on average it g.d.p. per capita there on average is about ten thousand dollars whereas about ten thousand dollars whereas in the u.s. it's fifty two in the u.s.

it's fifty two thousand dollars so as so american as americans we're in cannes we reverse this we have to have a lot more purchase or perching processing power and power and we have purchased a lot more from china lot more from china than they do than they do from us and we do from us and when we when we can we get cheap goods there's no goods a loss there is there is no losses there. ok ok we go back to speak about this even in new york in new york york. how much how much of his so much of it is this political because we already heard this is this political because we already heard them mentioned the mid terms being met and mentioned the mid terms being mentioned here is this something the dungeon here is this something that donald trump needs to serve up to his base needs to serve up to his base because as we've pointed out here is because as we've pointed out here is base in the process could be in the process could be damaged i mean it's a delicate balance damaged i mean it's

a delicate balance isn't it go ahead steve this isn't it go ahead steve it's a very delicate balance it's a very delicate balance that means i mean you look at the states where the farmer you look at the states where the farmers are is where is are is and the hurt hurt that that they're feeling building and in many respects and could fix and could go down the field down the road but in that case but in that case that trump is a promise to use as a promise to use. federal funding that's something that's available vailable to to to to a bailout if you will bail out if you will the for the farmers he promised us that they will not say will not offer stuff i do or don't think i don't think he needs this is politically for the middle east for the terms right the mid terms right now i think right he's right on the tatting on the tax cuts he's the tax cuts he's looking to. make the. make the. individual cuts permanent permit yzerman it is looking to pass that legislation to

pass that legislation friday prior to the midterms he's also there to the midterms he's also has the summit coming up has the summit coming up june twelfth or eleventh and june twelfth or eleventh if you will you know if you want to get technical i'm if you will you know if you want to get technical with ball with north korea north. and korea is talk and he's talking about in about a summit a summit with putin's so i so i think i think caught up a couple of small placements and said he's doing enough that he's doing stewing enough things to do to satisfy the base at the base and motivate the base and motivate base the base heading into the meeting into the mid terms but this arms but says something this is i've known donald thing i've known donald trump to interview him and of to interview him and to you know. to have a relation to have a relationship in that respect with it in that respect with him and since he would

see early eighty's and eighty's and then it was it was sports but when it matured sports but when it matured from sports this is something that is all from sports this is something that is always been on hold he's been on his knees my mind the the way we're treated unfairly whether really whether it's a neighbor it's a nato you know whether it's through trade there it's through trade whether it's whether it's with bad bets with bad deals and he was and he was he was he ran on fix he was he ran on fixing these things is fixing he is fixing these things and these things and he's going to fix these things going to fix these things it's it's one big goshi a big negotiation and we have yet to see in and we have yet to see where it will end up we don't know where where it will end up we don't know where it will end up you know it will end up you know one day there's no tariffs there's no trade war if one day there's no tariffs there's no trade war next day he's going he's putting

tariffs are next day he's going he's putting tariffs on it's all part of a grand schemes on it's all part of a grand scheme he keeps them guessing he keeps them guessing. ok does how he. does how we are all right steve let me go let me go back to steve let me get let me go back to let me go back to sarah but do you know for let me go back to sarah but do you know cuts both ways. ok cuts both ways steve ok markets investor markets investors don't like the unpredictable don't like unpredictable. unstable situation situations and i think to asians and i dissipate this one says what the environment we're in what the environment when we're in and on top of it because i'm on top of up a bit the kind of the rhetoric of good music good news again change to china i don't i don't because i don't think is a very good day to bury did a good negotiating strategy without a g. with the chinese the chinese chinese go ahead to. this

chinese this chinese this is not how they need this is not how they negotiate. this this is see they see this type of this type of maneuver as a new for us in the face lab in the face. and the weight of the way china a china negotiation is five mate is fucking making. conceal conciliatory measurably atory measures going back and forth others going back and forth and this is and this is something that is that is going point to two things actually things actually stonewall arlie stonewall our relationship with china the relationship with china and have a really negative and have a really negative attacks it also hacks it also hasn't helped to stop more the stock market every time there's there's an announcement out some and. out potential potential trade wars this will trade wars the stock market goes was

way down on. it also coming and also company that he sees both in china multinational multinationals and those in china and china that what what where where you got ground was what was i was way less. down where where i have and how they have done how many how many times he got me because he thought. market could go way down way down it did that then if anybody went back up ok this is but this is really my point proving my point steve and steve ok we have the k. is real we have these really good extremes going on here the extremes going on here the markets are to the sarky it is doing very the stock market is doing very very very well everybody all everybody knows that he knows that is that but when but when he made the made the announcement i think i think the drop dropped two hundred to one hundred fifty points fifty points again this i get in this predictability dicked ability that's the issue and that's kind of the issue i'm trying to

highlight here and here oh you know here you know what what's who and what's two hundred fifty points the place points with it goes also respect it a market is of twenty five that kind of twenty five thousand two thousand two hundred fifty points is going to is nothing so are you sleeping or are you staying home where is this where you actually i don't know you're out there on the runway and what were your reaction ok mo going to we're going to jump in here we're going to jump in here we'll continue our shouting you are shouting i'm not the guy sitting with him but i bet after two hours aren't sure if your break break will continue or discussion on schedule or stone trade with the trade or stay with the team thirty.

sisia. goalball you also say. the. thanks. to. the. sports. world. good to see and good to see a good. mood. this

is this is. a church a church which the sikh recruit indeed indeed just as legally priests accused priests accused of soused to sexually abuse sexually abusing using child can build a can get away with get away it deal with it quite literally quite literally. i don't like to call this the do graphic solution because they do graphic solution so what the bishop needs to what the bishop needs to do then do then he finds out the lines out there that the priest or the priest is is a this is a perpetrator is simpler it is simply moves him to move to him to do it just far far worse were the previous was not not not not. the highest rank highest rate the catholic church help help conceal the it conceal the accused produce priest from the police the police and then justice this

person did so send out an agenda that you know that's not as good as the if the end and then i think you will hear that it is used is that this and that and the. thought. that. if the south. fork for man or man or sinner are sitting in a car being in a car when the fire when the facts give it a good shot and that shot him a head to head. all four four have different different versions of news of what happened what

happened one of them is on the one of them is on the death row there's no death row there's no way you can when you get it and there's no doubt there's no. possible way away because because the only solace do not deny sure she ran a corner on a corner. welcome back across the back across the uk were all things to consider all things considered i'm peter i'm peter a belt you're a belter a month or a month we're talking we're talking about thing about but potential trade wars and chal trade wars.

ok ok let's go back to alice alice and i want to i want to reach in a few words of a quote here few words a quote here from jeffrey sachs or from jeffrey sachs we have a very very well known well known economy economy spectum it's particularly nickel in eastern and eastern europe and europe and russia russia not for the best not reason for the best reasons i'd like so i'd like to point to point out he is he is described described donald trump donald trump as i salute and leading as i salute america and he declares the end to him he a slayer's him a cycle psychopaths train paths trade war how do you read war how do you react to react to jeffrey sachs calling jeffrey sachs calling the president the united states a the president. a psychopath i think psych psychopath i think psychopath is a bit over the top i mean the part is a bit over the top i mean he is i know he didn't he is i know he didn't get elected

on the basis that he was like the other get elected on the basis that he was like the other politicians but he is a politician politicians but he is a politician and you know he and you know he behaves rather like one just may behaves rather like one just maybe a little bit differently he hasn't be a little bit differently he hasn't spent a lot of time studying the spend a lot of time studying the book on the art of depression book on the art of diplomacy oversee yeah yeah you know he's got he's got his own his own way of doing things and i think and i think that's fine with you know we that's fine with you know we will get used to it it's not there's not he's used to it it's not. a problem problem i think the other i think the other thing is that what the thing is we see that what we see in the headlines have been the headlines of course because you've got to you've got to. press fair switch which you know having been you know

having been accused of fake news and all the rest of it of fake news and all the rest of it i mean they're not all i mean they're not all that call out of the math of the man they never work but were never on the same never on the same page as donald page's donald trump to begin with so an awful lot of trouble to begin with so an awful lot of what we hear i think we've got to take with a bit of what we hear i think we've got to take with a bit of a pinch of salt to feel a pinch of salt the feeling i get is that there is a lot of communicating i get is that there is a lot of communication actually going on between donald mission actually going on between donald trump and trump and president shouldn't she and also vladimir can also allowed me a putin. i don't know i don't know this know this for certain but is. just this is the way things certain but it just this is the way things work you hangs work you have back back channel channels. and so on and so the i the idea the dinner that.

this public slum this public slanging manning match if you like arch if you like you know on the one hand you know on the one hand it's going to be it's going to be . twenty five twenty five percent percent tariffs on something else thing else and then china respond and then china responding i think this is really for the pink this is really for the public if you if you like and like. and as i said as i said earlier you know we are in a we are in coming up to midterm election coming up to midterm elections that that i think that i think is very very very poor important oughtn't so you've got all that so you've got all this sort of stuff to sort of stuff going on playing on i think at the end but i think at the end of the day the day. if things get sorted out in the things get sorted out background out in the background and i'm and quite

optimistic i'm quite optimistic that this won't this won't to generate into some to generate into something really something really serious serious i think that there are other things that do worry about the things that do worry me however that's really over the isolationists stance of a move. that's really over the isolationists stance of america it seems to me that the rest america it seems to me that the rest of the worst of the world is that old is actually quite white world well without her america america will grow will grow well well on her own because on her own because she's putting in because she's putting in a massive massive body of budgets that stimulus emulous now and that budget stimulus a stimulus i think we think which coach current which which will coincide will coincide with i it. with china's purchases of roma's purchases a role material materials with the what's with the way the european union

as a european union is beginning to beginning to take to take off and off i think i think that's going to lead thing that's going to lead to big inflation big inflation problems down the russian problems down the road now that now that might if you like put it might if you like put an extra next or a spin into this into this. trade if you'd like trade. tariff type thing harry if type of thing because because this this is bound to this is bound to increase protect creased protectionism i think in your action is and i think in europe and possibly also be an american america. then what is the role then what is the role of the world to all of the world trade or going to organisation i mean in again this is western drene in again this is western driven the rules were conceived by riven the rules were conceived by. the west just china did join. in a lot of money and

a lot of people said people said took it took advantage and edge of it out of it that's a different part to different than some topic and subject and subject and program program itself here fear but it seems it seems to me when to me when we have so we have so many of the many of these large you could these large economic blocks are powers anomic blocks or powers squabbling among themselves squabbling among themselves then the then the whole point of having to have in the world trade. organization is really organization quite mean it's really quite meaningless in english and what about what about now nafta after. what about what about about. if if if it breaks briggs it happens what kind of. a relationship is here is the u.k. going to happen in the u.k. going to happen have we have with you and what the united states needs. these are visa be the euro the european opinion union union i mean i mean what i'm saying and what i'm saying is that this is that it gets very very very very very complicated

all good there are so many different there's so many different angles and different angles and different dots to connect obstacle and then you have a lot and then you have the largest largest economy in the world just barges and yes it is going to mean the world and yes it is china in the middle of it all going in the middle of it all going to. hit. the world trade organization world trade organization wilson was created was created based on that based on the presumption presumption that there were the world was old was moving moving towards a towards a system of free trade system of free trade aid and the u.n. the u.s. was leading us was leading that that whole effort and now it is a logical effort and now the u.s. is moving away from it all the u.s. is moving away from it. and so. it has become has become less of a relative relevant and in a way the away party particularly for

a for american american ok and pollitz politics pathetic socially for the actually for the u.k. u.k. . and elsewhere and elsewhere and and i don't know i don't know that it's necessarily necessarily. going going to be so be something that think that people are people are able or able to appeal to ignore ignore in their entire higher legally certainly the tear certainly the tariffs tariffs that our president president is its head that's heading to imposing to impose. on china as well as well as other country countries which would be the question and question and possibly were just simply rejected by the world tracked it by the world trade organization i don't hate organization. and i don't think that it's necessarily going to be called that it's necessarily going to become. i think i think that has to pass the us the world trade organization trade organization that

it's a space that i think that that. sound how there might have sound how there might have to be some to be some real are you organization you know that it. either that or that or. the u.s. u.s. waltz will have to go through go through another idiot or another it illogical change again and again to where it's tourist trade treaty trade great. but that's not that's not their direction that their direction that we're moving incur movie and currently early you know it's you know a steve you know the dignity to the united states is a state long long lineage of lineage of protectionist protectionist. strategies that present strategies that presidents dissidents have deployed deployed in an end to gain and to grow grow and industrialized the american just realize the american economy economy i mean it's it's been a big it's been

a big plus being very select loss being very selective to have here here. but you know no a again there's the again that historical going to the historical thing and i mentioned i mentioned the beginning the beginning of the program ogram is that is that after the sex of the second world war the world war germany germany and japan and to plait or south or south korea korea were really were really given a given really sweet sweet hard hard deal deals pulls by by the united the united states the growth states to grow their economies further ecology for geo political legal reason reasons of since of course course during the during the cold war cold war knowing where no one to nine denies that is that but but the cold the cold war is war it's been over for a bit over for a long long time in time and and it it's time to end and it's time for the european of the year and this to me pierre you know ins to me. you know in every send every send space pay their all their own way ok i'm ok a nato train

a tow trade and all that but in all that i mean i could i mean i could i understand your stand the land the logic of donald trump and logic of donald trump in doing this he doing this here here. the united states honestly it is very very but no benevolent bill into these to these this part of the world because of the world because of geopolitics of geo political reason reasons and not because we're not because we're all told by on like you like each other each other no it was oh it was good solid good solid geology a political reason political reasons but those but those reasons are evolve reasons are evolving into being in change changing and everybody has to pay their way and everybody has to pay their way we all know way we all know what's happened to and to the middle the middle class klaus it's the work the working middle class middle not a class in the united states it's the states it's it's it's if it's not someone suffering it's spring it's gone gone oh ok that's what that's why i try to was elected to go ahead so i had steve steve well. i don't i don't that's god's god and i and i think

i would think it would suffer suffering and i think that that's a ring and i think that that's that's one of the reasons our trump was elected that's one of the reasons our trump was elected but you're absolutely right but you're absolutely right and america and america. are fed off when these are fed up with this scenario that you just took this scenario that you just portrayed there they real portrayed there they realized what we had and why lies what we had and why we had it but there's no reason to realize we had it but there's no reason to really have it anymore and you have it anymore and what i'm talking about basically what i'm talking about basically and donald trump's terms is that america. donald trump's terms is that america keeps getting screwed keeps getting screwed and gets the short end of the stick and gets the short end of the

stick whether it is funding in nato whether it is funding in nato whether it is in trade whether it is in trade deals whether heals whether it is or it is in funding but in the united united nations limited nations no matter what it is whether what it is or the paris accords that we dropped out of or the paris accords that we dropped out of it's always the united states that it's always the united states that bears the brunt of the burden of the bears the brunt of the burden of the costs when there are other countries that cost when there are other countries that could well afford it and don't pony up could well afford it and don't pony up what they what is there for what they what is their fair share share there and this is all part of this and this is all part of the thinking thinking all whole part of the head of the the maya mindset of a set of donald donald trump and it extends and it extends to these trade to these trade deal deals and trade in trade in general general and that and that's what's

why you're so you're seeing what you're seeing what you're seeing and hearing and his business base loves loves it and it and sort of sort of the american american people and people they love it they love it they don't they don't they don't why don't want confrontation confrontation but but they don't want to get want to get stepped stepped on and on anymore the more those day goes days are over over ok ok ok ok ok i was in the middle so let me get out allister honester i agree with agree with along with along with steve steve there there said just had to say but it wasn't you know wasn't you know if this is not just if this is not just state to state these sort of pay to state these sort of corporate and what we saw in the song over the one over the last there i was thirty thirty thirty five five years years this is is western western companies companies moving their their production outside of the kind of the country tree making make to. huge making huge profits profits not it's not being being repaid repatriate created i mean i mean that was the reason why he said why we have we have these policies policies as he says not

just not to you know that you know the present president hasn't has fast fast track to track ability billet who wrote all those who wrote all those bills i've got a pretty good idea i might have a pretty good idea who do who did it in a word it was it wasn't paul and politician additions i can't i can't remember a lot of time came or the last time any politician at any politician actually really wrote legislative legislation action was all it was always along the lobby obvious to just go it go ahead alistair and i had alastair and eggs that are are that. he he. you're absolutely right absolutely right about lobbyists and i think obvious and i think lobbying lobbying is just appalling is just appalling and alling and i'm looking forward to bret's it i'm looking forward to bret's it so there's no more lobbying and so there's no more lobbying in brussels russel's as far as we're concerned as far as we're concerned. but but i just i just wonder some wonder sort of going to go back a little back a little bit a little bit and and you know i think the thing that sort of caught

a concept in sept that that germany and germany and japan japan got some got sweet her sweetheart deal deals are fields after the war think of the war they got financing and seeing year in years but i don't think we should assess but i don't think we should rubbish the rubbish the effort that those two countries all the efforts that those two countries all. of those to two hundred dollars in agreed their reach their recovery carbery free. i mean it was a sphere that it was very i mean it was a sphere that it was very you know and and not only that but not only the big that but the big difference the difference the big difference but the big difference between between between germany and japan and germany and japan and america america was germany germany and many in japan japan when they borrowed they borrowed to man when they borrowed they borrowed to invest in production in more efficient best in

production in more efficient production in production which people actually in production in production which people actually wanted to buy in the case of amounted to buy in the case of america erica. they expand that they expanded credit credit. not for not for productive production action but for excess and but for excess spending spending rather rather like it or like italy today if you like only today if you like a worker worth exactly not quite as bad example not quite as bad example implicitly . so so. you know in a set in a sense i think once i think you know you know i think i think i think i think to sort of you know blame the sort of you know blame the the the the germans and the japanese for being successful in the permits and the japanese for being successful in the purse war it's war no no yours yours i think i think actually missing actually misses the holes the whole why i don't know why i don't know why. i'm not i'm not. dismissing this thing hard hardworking german working

germans and hard working and hard working jabbing japanese chinese and really hard working south koreans and really hard working south koreans are not dismissive thing they're ok i'm not dismissing they're ok please so please. so what is what is right is right so you assume no no no they are radical you are radical you are going on we're wrapping and we're rapidly running out of not really running out of time sarah sarah you want to you want to jump jump in that's it and that's the point or the point of the program program go home go ahead i know that the u.s. this is not the u.s. is necessary to sara lee nearly getting the shooting the short end of the stick gordon to the stick i mean i mean as as you mentioned you didn't mention and. multinational multinationals american american multinational national socialists have got a guard over so over seas and they've they've produced produce and other countries for their countries before that i don't really really low the low cost of that me

to meet a huge huge amount of profit out of profit in export those goods back to the unit and export those goods back to the u.s. u.s. and other nations and other nations so so i don't know that i don't know that our trade policy policies have necessarily been these have necessarily been you know you know again again and star own interests interests ok i would just be ok i would just be ok let me let me go to steve if you know you know ok let me let me go to steve you know you're right you're the euro it right where where where i where i. was all of you do you disagree so green and that's van tass like i let me go to match van tass like i let me go to our real quick and then i'll go to our real quick and then i'll go to steve go ahead ouster eve go ahead ouster. ok now i think the point ok now i think the point actually that sarah was making is is right i

mean that sarah was making is is right i mean where our phones made where our phones made in america no i design america no i designed there may be but there may be but basically they're made in a they're made in eastern asia so it's to nature so you know trade is global you know trade is global and if you start throwing spanners in the works and if you start throwing spanners in the works then basically consumers works then basically consumers will pay will pay. and the rate of any rate of inflation facial in american america will only in the increase increase if if a dog from out from introducing produces his trade terry trade tariffs it's it's really as simple as that really as simple as that ok steve ok steve i'll give you the i'll give you the last word of the program the last word of the program go

ahead go ahead how is it how is this making us make your mirror in america great grey i was as i was looking america america great great. for forty seven of them of course kevin mccarthy the magic kevin mccarthy the majority leader of the of the house leader of the of the house is backing down on trump on backing down on trump on. his tax tactics and attacking the terrace he pointed points to catch the candidate and a different spirit since it's and says look at that and says what trade are dairy because they treat our dairy products products look at look at our what are winds which ones which can't go in there so can't go in there supermarket market shelves so what else so it becomes becomes a matter of pride was a metric cutter of pride if it comes them as a matter of letter of of of of of of being treated being treated fairly fairly early the op the optics of basics of being treated fairly and treated fairly as well as well of well a very a very important port here don't here don't overlook that look that ok well ok well

well and then down the note here probably be controversial for on diversion of you know of you know i don't know i don't tend to see the and i tend to see the united states as a victim in that it states is a victim in the world very a world very often ok so let's keep that i'm an ok so let's keep that in mind and we'll see we'll see where this is going to where this is going to go with to go we've seen the past in the parade we're asked trade wars are bad or bad for it for everyone through one that's it many think many thanks to my ex and i guess i guess in new york and in new york and an exit an exit or and and thanks to our thanks to our viewers for viewers for watching watching us thing us here at r t r t c n n see you next time it's time and and remember remember prosser crosstalk will suffer fools.

twenty twenty eighteen eighteen coverage coverage which we've signed one of you signed one of the great the greatest he just. came on but that was it was one one more question more question and by and by the way the way this is going to be our coach can be our coach. you guys are guys i know. you are not one of us he's a you just he's a huge star. and a huge amount and then you have pressure to fresh cameron after a match you have to go meet this you have to be the center of the end of the beach with the power to tell we're with you. and. all the great great. great great good you're good you are there are the rock at the back at the back in

the back nobody gets past us to you we need you we need you to get let's go get going let's go. along a low i was just i was just a warning you warning you and i mean i'm really happy we had to get to join. him for the for the thousand dollars and. me meet. this specific actual one one come on come on. meet me to just say the researchers at the reno people a geology team's latest additions to dish and make it make up a bigger bigger. better. look.

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a way of forming say man. the sun's coming in and the sun's coming in and heating their house and being stored and heating their house and being stored in massive walls or in massive walls. sagebrush. sagebrush is the natural environment here which is the natural environment here but as we are but as we're containing the sewage and and you containing the sewage and using to plant stuff to process the series into plants starts to process the sewage we create our own little bitch we create our own little way system here by the way system here.

ella stein is getting into elliston and is getting international recognition with the help of is rational recognition with the help of israel well. at least in the world at least in the world of zuzu sous and a member lim milf it sticks it was dismissed it missed it to do it look to do it loving feeling for you like you like it is a commitment these are these are my kids and my compass compass is easy he is just going to go enough enough no facade study on me i'll be a bit. yeah yeah no no cha cha no doubt about that he does know but nobody should be. the only pen the only palestinians who gets the most indians who gets the most help from its most helpful is jerusalem could you respond count upon to part i don't i don't think there's something about the love those who

is ruining the underworld and those under the oak vision of vision good enough to not only could give us only could give us. and the earth and the earth is a physical affair lafayette's knowledge knowledge to how to how to slay this lady in the me of the most of the college he asked you had i not going to continue medium was a muslim zealot she would do more of them on a moment's notice all. the time the dump is a piss off go. round robin roberts. coke. can.

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know i know how many so many civilians civilians were killed in the same killed in the syrian syrian city of. the u.s. led coalition coalition. in the liberation of the city last liberation of the city last year. fifty three in germany after the us in germany after the us. is accused accused of backing king groups and groups in europe. with the use of the u.s. . imposed trade tariffs promised trade tariffs promising counter counter measures

from next from next month. little. thank. you good evening my name is the good evening my name is the.