josh bolten, head of the business roundtable of major american ceos joins us to sound the alarm.hen, vladimir putin posts about new russian weapons he says can. we will ask our sunday panel if we are headed for a new col cold war. and our "power playerthe week,"d dolly parton on giving books to millions of children. >> there are many things that he do, this is the one that is nearest and deare ws in chris: all right now on washington. week.n donald trump's sudden changes on gunement to ie about theffs and a staff and new tariffs and the potential for a trade advisor peter navarro and josh bolten, head of the business a p ceos. but firstocy with the latest frm the white house. >> some of president trump's ed by this week's oval office announcement of steep new tariffs on steel and aluminum imports. the commerce secretary is trying to quiet complaints. >> there's about $0.03 worth of templates deal in this canon so if it goes up 25%, that's a tiny fraction of 1 penny. >> the president has also been hearing it from governors demanding action on gun control. >> i just suggest we need

josh bolten, welcome back. you were listening to mr.avarro, what do you think of his defense of the presidents new tariffs? >> i think it's a huge mistake. i am sad that president trump has been led by that kind of advice. >>chris: president trump. >> thank you. president trump is coming at thiswith the best of instincts. he's trying to fulfill his campaign promises. trying to help some workers in the united states , specifically in the steel and aluminum industries. what he needs to understand what the overwhelming majority of the businesses in our organization are trying to say is, this will cause huge damage across broad sectors of the economy. you may be able to give help to the steel and aluminum industries, you will cause damage across any number of downstream industries in any number of industries that export countries that are likely to retaliate. >>chris: but there's no question, i think you would agree, that the chinese overproduction of steel and their imported to the u.s., sometimes not only directly but through other countr

josh bolten, welcome back. you were listening to mr.avarro, what do you think of his defense of the presidents new tariffs? >> i think it's a huge mistake. i am sad that president trump has been led by that kind of advice. >>chris: president trump. >> thank you. president trump is coming at thiswith the best of instincts. he's trying to fulfill his campaign promises. trying to help some workers in the united states , specifically in the steel and aluminum industries. what he needs to understand what the overwhelming majority of the businesses in our organization are trying to say is, this will cause huge damage across broad sectors of the economy. you may be able to give help to the steel and aluminum industries, you will cause damage across any number of downstream industries in any number of industries that export countries that are likely to retaliate. >>chris: but there's no question, i think you would agree, that the chinese overproduction of steel and their imported to the u.s., sometimes not only directly but through other countr

josh bolten, head of the business roundtable of major american ceos joins us to sound the alarm.hen, vladimir putin posts about new russian weapons he says can penetrate u.s. missile defenses. we will ask our sunday panel if we are headed for a new cold wa cold war. and our "power player of the week," country music legend dolly parton on giving books to millions of children. >> there are many things that he do, this is the one that is nearest and dearest to my heart. he >> chris: all right now on "fox news sunday." and hello again from fox news in washington. even in donald trump's white house, this has been quite a week. sudden changes on gun control, a surprise announcement to impose steep tariffs and a staff and turmoil. this hour we will talk about the new tariffs and the potential for a trade war with white house advisor peter navarro and josh bolten, head of the business roundtable, a coalition of top ceos. but first correspondent peter doocy with the latest from the white house. >> some of president trump's most loyal allies are dismayed by this week's oval office announce

. >> sreenivasan: josh bolten, ceo of the lobbying group "business roundtable," and former chief of staff to president george w. bu, argued the tariffs will negatively impact the economy in the lon tg run. s will cause huge damage across broad sectors of the economy. you maybe will be able to give a little bit of help to the steel and aluminum industries, but you're going to cause damage across f any numberwnstream industries. >> sreenivasan: the new tariffs might be rolled out as early as this we significant political developments in both italy and germany tonight. voting in italy began early this morning. former prime minister silvio berlusconi's alliance of parties is expected to win several seats but not the majority needed to control the government. the "five star movement" is leading in the po-is with an anmmigration and anti- european union platform. the party's leader, 31-year-ol luigi di maio, could be italy's next prime minister. and after months of wrangling, angela merkel will get a fourth term as germany's chancellor. germany's social democratic party voted to form a coalitio

but josh bolten, george w. bush's chief of staff, now head of the business roundtable, said that ain't necessarily so. listen here. >> the tweets by the president, including a tweet about responding on german autos on friday, suggests that he thinks a trade war is easy, that it's winnable. it isn't. nobody wins a trade war, especially in these globalized days, the united states, when we're so dependent on goods coming in and going out, for our competitiveness. >> we may hear more about trade in the days to come. meanwhile, the president is scheduled to meet with israeli prime minister benjamin netanyahu, their second meeting at the white house, fifth meeting in total, an opportunity for netanyahu to get away from scandal at home. there's talk that his spin doctor is in talks to turn state's evidence. we don't know where all of that is going to go right now. it may not bode well for netanyahu in the long run. iran will be top of the agenda for the talks that they'll have in the oval office and over bunchoverlunc

a typical critic is josh bolten, who runs the business roundtable. >> this will cause huge damage across economy.tors of the you maybe e able to give a little bit of help to the steel and aluminum industries. you're going to cause damage eaross any number of downs industries and any number of industries tunt export to ies that are likely to eptaliate. >> rter: well, i guess we'll see. the trump/navarro pocy of tax cuts to boost investment and tariffs to defend american producers will get a test run at last. for better... or worse. for the pbs newshour, this economics correspondent paul solman. co>> sreenivasan: for the , we have repeatedly requested interviews on trade with members of the trump administration. our requests have not yet been granted. >> sreen: the united states has been fighting in afghanistan for more than 16 years. it's a war fought mostly against the taliban, a group that exists due in large part to the telligence services of afghanistan's neighbor, pakistan. nick schifrin speaks now with the author of a new book who charts pakistan's shadow war, and its tense relawith

bush tried the steel tariff thing in 2002, and as josh bolten, his last chief of staff said, he's notmch alive. but josh said, no, look, we did a downstream analysis. it cost us hundreds of thousands of jobs and growth didn't bring back steel and aluminum these things do not work peter navarro is an old acquaint nls of mine. he's a left winger he ran for the mayor of san diego as a left winger he ran for congress with hillary clinton at his side in 1996. went to the democratic convention why peter navarro is making trade policy from right out of smoot-hawley, i don't know, but i don't think that's going to work north korea might. we had a lot of unusual things like nixon surprised us with china. and no one saw that coming and that turned out to probably be the most successful summit in modern american diplomatic history. >> hugh, i was going to say, to your point about the concerns about trade, we asked mnuchin very particularly about, i don't know if you saw the "wall street journal" editorial today there were two, actually, where they expressed great concern about the departure of g

josh bolten former chief of staff for president bush was complimentary on your guy's trade and taxes. tariff. it didn't work. listen. >> i don't know if peter navarro would be willing to bet his job that he is right that there won't be retaliation. but he ought to be willing to make that bet. because he is betting the jobs of tens of thousands of americans who depend on these export markets that there won't be retaliation. history is completely against him on that. brian: and eu is going to target jeans, harley and whiskey. electrolux and bmw. >> lobbyist on case reader full throat against. this who cares? we have the politicians. everybody in the swamp is rising up against it you know, at the end of the day, we're getting a bad deal. and the president has said quite clearly, and quite correctly. that these countries around the world are running huge trade surpluses with us. we are shifting our wealth offshore. they are taking our jobs and factories. all we are trying to do with our trade policy is get a level playing field. what w. this particular case brian and steel, the aluminum a

josh bolten, head of