the gat, the wto, nafta, cafta, now the tpp. the united states has had leaders from both parties who told the people of this country that free trade creates american jobs. but yes, there would be some job losses over time. but those were jobs that were going to be lost anyway in an increasingly competitive global marketplace, and those who lost jobs would get new ones. fast forward 25 years from the nafta negotiations, and the leading candidate for president, donald trump, is insisting to loud and sustained applause, that american workers got snookred. and in the democratic party, the surging campaign of bernie sanders also cast out on the free trade creed that sent the american policy since ronald reagan. when the candidates claim that free trade has been a loser for the american worker can they make the case? did the reassurances given to workers in pennsylvania, ohio, wisconsin, that manufacturing jobs lost to mexico, china, malaysia, would return in the form of other jobs, making new things, thanks to increased demand ever c

i am not prepared to say we should get out of the wto. e a poweres therrod that the united states has. look, this is my view. our trading partners, probably specific probably more than europe, smaller countries for the most part, they are very nationalistic. a great national policies designed to exploit trade agreements and increase their manufacturing and reduce the imports that they have. they just do. it is the world we are living in. -- or youu see china can invest in this great market and people are going to get rich, but you have to give us your technology and then it starts getting spread around. i think the united states should be more willing to defend itself and it has the leverage to push back. so, we have gone very far. i don't see us retreating significantly on trade, but i do believe -- i have said and i think candidates should say, we are not going to lose is in good job in the future as a result of cheating on our trade agreement. and currency is huge. we just fought over that. wants to tighten up our controls on currency o

i am not prepared to say we should get out of the wto. but it does the road a power that the united states has, potentially. look, this is my view. our trading partners, probably more than europe, smaller countries for the most part. they are very nationalistic. they create national policies designed to exploit trade agreements and increase their manufacturing and reduce the imports that they have. they just do. it is the world we're living in. you see china, invest in this great market, you have to give us your technology and half your company and they steal our technology. i think the united states is the most willing to defend itself and has the leverage to push back. we have gone very far. i don't see us retreating significantly on trade. i have said and think candidates should say we have not eliminated a single job in the future as a result of our trade agreement. and currency issues. we had a fight over this and george bush's former trade representative led the battle to tighten controls on currency abuse. it was always resisted. it

so would mexico and china win if they brought a tariff case before the wto? assuming we stayed in tariffsand trump raised to 45%, it would be the easiest wto case ever brought to the dispute settlement body. we have very basic international obligations. with respect to not only the level of our tariffs, but also whether we can discriminate against individual countries. we can't do that. china would be able to go to the wto and win the right to retaliate against american exports. $200e talking about billion in annual tariffs against american good and service exports. doing that would cripple the american economy. there were a couple of recent analyses showing that if trump did get his way, the economy would sink into recession. we would lose millions of american jobs. once you put reality to trumps rhetoric, you see what a disaster it is. greta: gary is in alabama, independent. hello sir. all right, we are going to move on to tom in illinois, republican. caller: hi. i am a farmer in the midwest and there are several things that have happened over the years, lik

clinton: guest: it guest: -- guest: it would be the easiest wto case to bring. we have basic international obligations with respect to not ,nly the level of our terrace but whether we can discriminate against individual countries. china would be able to go to the wto and win the right to retaliate against american exports. i did a calculation and found that we are talking about $200 billion of annual tariffs against american goods and services exports are american intellectual property, doing that would cripple the american economy. there were recent economic analysis that show if donald trump did get his weight on rrifs wets -- way on ta would lose millions of american jobs. once you put reality to his rhetoric, you see what a disaster it is. host: an independent from alabama, good morning. caller: hello? host: question or comment? we are going to move on to tom, illinois, a republican. caller: i am a farmer in the midwest. there are several things that have happened like jimmy carter when he put an embargo on the russians on corn being -- on corn and the market

that is exactly what the wto provides with the sanction. when countries lose the case before the wto, that is what they do. money, ander much whatever that value is, they are given the authority to extract those sorts of tariffs against whatever part of the offending economy's that they choose. our dollar devalues, with the reciprocal be true? when i traveled to ireland a number of years ago, our dollar was weaker, and the end of spending a lot more money over there. >> absolutely. don't mistake changing values of currency for currency manipulation. in a free trade environment, currencies ought to move just like commodities, any ind of things that move trade, currency ought to do the same thing. what happens when countries choose to manipulate currency, if they deliberately go into the financial market, and by of up dollars, then you get the artificial and balance. that is what economies around the world have been arguing relative to chinese behavior. what needs to be disciplined. no surprise, we have a little bit of a difference of opinion

as for china, well there you have the wto, the world trade organizati organization.s plans and he said he will go to the wto but you can't unilaterally start imposing tariffs and he talks about how he's going to force china to open up and he's going to call china a currency manipulator and he's going to make china do this, that or the other but we're short on facts about how you actually do that and the final point on all these trade deficit numbers that he refer refers to, the deficit number is the difference between what you buy and sell. the u.s. is still a huge exporter of many goods, manufacturered goods, is high tech goods, pharmaceuticals to these countries as well. let nobody be under any fool that you don't just suddenly go in and say to china or mexico, hey, this is the way it's going to be. there are rules, treaties and negotiated agreements. >> bobby, a brand new cnn/orc poll we're just releasing right now shows that people were asked about which countries they consider here in the united states a threat to the u.s. look at these. 77% consider iran. 74% n

you shouldn't hear about nafta and the wto from me. perhaps it should be to talk to trump to his face on live tv. because i said so is not a move for parenting toddlers, and it's less impressive in negotiations. my guests are still with me, but instead, they're making fun of the size of his hands, or his hair, instead of saying, no, you can't prevent carrier air conditioners from coming back into the united states, you just can't do that. >> i tell you, i'm going to make an analogy, it's a little bit different, but i saw a play called sweat in washington a couple of weeks ago, written by a playwright, and there's a line, it takes place around nafta. and what has happened to the american public since the passage of in a few t a bar owner, people are losing their jobs in a mill town, tennessee, and the economy is getting worse and the education system is horrible, and the owner of the bar says, you know, who do i vote for, who i pull the lever for, [ audio difficulties ] a controversial abortion case goes before the supreme court. and pl

would come in as you know they have a surplus with us so the trading goods would be covered under the wto rules? >> and therefore germany is more likely to be given access than we were for the services which are dependent. >> it is certainly the case that they have in my view a massive interest making better use of the case. that has never happened in the past and it would be utterly foolish to the economy is further in a massive resource in this area. and the services that we excel are vital for any company that wants to raise capital this is the place. we had a total trade with europe the uk represents about 15% of the gdp in europe. it is 45% of the exports but in terms of europe to take the exports to the uk between seven to 10%. the plant i'm trying to make. but the relative importance for us. it's the total trade of the eu, 10% roughly a dozen small but far less significant. i just, i think it would need very curious. to totally be self-destructive. >> this conversation is not happening in a vacuum. everybody is thinking about this. the time is now. people can prepare. one of the gr

say wet prepared to should get out of the wto. power does the road a that the united states has, potentially. look, this is my view. , probablyg partners more than europe, smaller countries for the most part. they are very nationalistic. policieste national designed to exploit trade agreements and increase their manufacturing and reduce the imports that they have. they just do. it is the world we're living in. you see china, invest in this give market, you have to us your technology and half your company and they steal our technology. states is theited most willing to defend itself and has the leverage to push back. we have gone very far. i don't see us retreating significantly on trade. i have said and think candidates should say we have not eliminated a single job in the future as a result of our trade agreement. and currency issues. a fight over this and george bush's former trade representative led the battle to tighten controls on currency abuse. it was always resisted. it did not have any affect and is not in the tpp. if it i

if you look at the wto or the imf or the g 7, g20, bodies that try to set standards for financial services or tried to have a role in this. the eu is now trying to interpose itself and speak in those debates. and what you would find is they regain strength. >> they are fantastically complex with huge amounts of overlap and the under lap. >> there have been a lot of institutions in 2014 you didn't deny that they have a less infullyential part than bright an would. not the same level. it's not the same size banking market. >> i think pair boxically what you might get is an intensification of european influence and you have not just the eu speaking, but the uk. there would be a lot of coordination between us. one of the difficulties is that we as a country now are more and more often i voted in the minsters and it is hard sometimes to maintain. we are effectively influencing proceedings in the way we would like. they are alternative ways of getting the influence on natural services. >> none the less and i don't disagree with you and as you get more member states, it gets smaller. i would agre

but we negotiated that away in the wto negotiations of the uruguay round. >> that's not true. >> last1, all anti-dumping provisions which we're doing. this administration has done a very good job going after china. and i think clyde would probably agree with that. >> i would love to know the answer to that. we have breaking news now. i'm so sorry. thanks so much. breaking news out of russia. to sue herera with more. >> very interesting turn of events. russia's president vladimir putin ordered his military to start the withdrawal process of the main part of russia's forces from syria. mr. putin saying the russian military intervention had largely, quote, achieved its objecti objectives. he was with his defense and foreign ministers when he made the announcement and said the pullout should start from tuesday. he also ordered that russia intensify its role in the peace process to end the conflict in syria. he apparently, mr. putin, telephoned syrian president bashar al assad to inform him of the decision. in addition, he also said that he wants to intensify the peace process which has un

just to piggyback on what jeffrey was saying i agree, this goes back to the wto riots, occupy wall street, the same crowd of people. but we as republicans lend credibility to them if we lean in and start fighting back, using words from the podium saying, i like to punch that guy in the face. that's when we do their work for them and exactly what they want us to do. they want to show up, try to start a fight and the blame us for it. republicans usually have a tradition -- the american people see this for what it is. if they see protestors going and starting something because they come from a deeply left position and trying to use this as an excuse, they can see through that. a protestors showing up against a candidate that's real and the candidate's leaning into it, fighting back, saying you know, using words to incite his own supporters to fight back, then i think they can see that for what it is, too. all of these things are actually an turnt for donald trump to show some leadership. it he's going to be the nominee of the party, that's in question, but if he is he has to show leadership,

to some degree i think explains better voters' real mole separation than a global discussion about the wto and trade. >> anybody else want to weigh in? nobody? let me try this. some of you may have heard of charles murray, the renown political scientist. here's what he says about trumpism. "trumpism is the voice of the beleaguered working class telling us it too is falling away. good macroeconomic policies imperative for economic growth, jobs and a higher standard of living for all americans. but for someone living in a town with a big company shut down the factory moved the jobs to china or the roofer who watches the contractor hire illegal immigrants because they are cheaper, anger and frustration are rational." let me make it clear, i am not a supporter of any one candidate but there are certain anxieties that are guess are being demonstrated out here and the interesting question is after the campaign, whoever gets elected, what next? does anybody want to weigh in. >> you mean from the audience? >> yeah, i'm sorry. could you identify yourself, sir? >> i'm pat malloy, a trade lawyer in w

because if you look at the wto or the imf or the g-7, g-20, bodies that try to set standards for financial services of one kind, the eu as an institution is now trying to interpose itself and speak for all 28 in those debates. >> actually, what you would find is the uk would regain strength in those conversations. >> this is a fantastically, fantastically complex area with huge amounts of overlap and underlap. it's the underlap where you have financial crisis going on. involved with the chairman and financial service actually in 2012. these have been led by us. europe is catching up and europe is looking to us. you cannot deny the biggest economy in the world, the biggest single economy would have a less influential part to play in these international agreements than britain would with a relatively -- with important financial services center. it's not the same size banking market. >> i think paradoxically what he might get is an intense indication of european influence and global conversations about these matters because you would have not just the eu speaking in its own voice but you woul

but there is something called the wto. china is a member of it.se rules do not sit easy with their wto obligations. rules i talked about are completely wto violative. when we do the analysis on the proposed rules i have just been talking about, domain names, those are also going to be violet if. there will be push back, but this is clearly the direction they are going. check out jeff weiner and some reaction about how linkedin -- affected.ct have 18 million members. when we started roughly a year ago we had roughly 4 million years. over 10 we have seen that substantially grow by virtue of localizing our core offering. cory: so, the go along to get , isg approach of linkedin that also potentially in peril because of this rule in china? gordon: i think that is what china is trying to do, to force foreign companies to create content in china. that would violate the january rules, but that's the only approach i think, in the short does because clearly china not want to have foreign generated content on chinese websites. it sounds terrible, but yes, i

because if you look at the wto or at the imf or the g7, g20, try to set a standard for financial services of one kind, try to have a role in this. the eu as an institution is now trying to speak for all 28 in those debates. and actually buy brexit what you find is the uk would regain strength in those conversations. >> fantastically complex area with huge amount of overlap, huge amounts of underwear. giunta lab causes a problem. there's been an awful lot institutions around the world, we that america -- these have been led by us in europe is still catching up but europe is looking to us. you cannot deny that the biggest economy in the world, the biggest economy would have a less influential part to play in these international agreements than britain would with an important financial services center. but not the same level of influence because it's not the same size banking markets. if you extract britain. >> i think what paradoxically what you might get is an intensification of the european influence in global conversations about these matters. you would have not just the eu speaking in h

before they join the wto, there were 4% of global exports. last year, 15%. still running a huge current accounts surplus, 300 billion u.s. dollars, one of the largest in the world, so these two indicators suggest that they are doing well on trade. the growth has slowed down, but that is because the global economy has slowed down. >> don't read against the house. -- don't bet against the house. thanks so much for your time. back to you. we're just getting started here. rishaad: thank you very much for that. it's the world's biggest dairy company, continuing to milk big profits, having a look at that. we break down the numbers and look at all the market action. we have a look at what is going on out there. asia-pacific equities between , the auctionses time coming to an end for hang seng, futures flat. nikkei 225 with the rise of 2/10 of 1%. market updates and the latest on fonterra when "trending business" returns. ♪ oh, hi! micky dolenz of the monkees here, getting ready to host the flower power cruise. (announcer) we're taking the love generation to the hig

the wto ruled that the u.s. discriminated against mexican tuna imports. the u.s. is facing sanctions standards in the water where mexican fleets operate. it looks at whether tuna is caught without endangering dolphin. fishermen sometimes circle the dolphins with nets to get at tune underneath. -- tuna underneath. >>> smokeless tobacco products are no longer welcome in new york city sports arenas and recreation arenas. the city council passed the bill yesterday with an overwhelming majority. both the mets and yankees support it. similar bans have also been enacted in boston, la and san francisco at the major ballparks. mayor bill deblasio is expected to sign an ordinance by opening day. >>> the fda is adding its strongest warning to the most widely prescribed painkillers. the fda will add a box warning, the most serious type, to all immediate release opioid painkillers including some 175 branded and generic drugs. this is part of a government campaigns to stem addiction in deaths from the use of drugs >>> an overdue library book by almost 50 years has been returned

that is exactly what the wto provides as a sanction when countries lose a case, here is the amount of the loss caused by errant behavior, however much money, whatever that value is, given the authority, the winning country to extract those tariffs against whatever part of the offending economy they choose. >> very curious about this. when our dollar devalues, will the reciprocal be true? when i travel to ireland a number of years ago, our dollar was weaker and i spent a lot more money over there. >> absolutely. don't mistake changing values of currency for currency manipulation. currencies in a free-trade environment, and commodities and imports and exports, things that move in trade, currency ought to do the same thing, it should be free-floating. it happens when countries choose to manipulate currency, they deliberately go into our financial markets to buy up dollars, drive the value higher relative to their currency which drops down, and then you get the artificial imbalance. that is what economies around the world have been arguing relative to chinese behavior, is what needs to be

is such an of valid protectionists -- who is such an of valid it also presumes we would be leaving the wtoimposing a tariff on trucks from mexico against nafta. policies assumed we would be much more isolationists. at the valuelook of chinese made cell phones imported to the u.s., 200 dollars of phone, so of 45 percent tax, how much does that cause me or how much is that cost apple? $200 is the amount apple pays when they are importing cell phones. 45% tariff on average would cost , and $90 per cell phone they would have a choice of absorbing that or passing that along to the consumer. wants tomagine no one pay more for their smart phones than they already do, highly unpopular with the public. to pay more wants when it has been getting cheaper. donald trump's 45% proposed a tariff on china is conditional monetary management. it's not a static number. currencies are relevant one to the other. fullyt isn't necessarily clear, let's put it that way. ,oing back to this point free-trade advocates point this out all the time, free trade hurts parts of the u.s. labor market, but cheap goods can be

you see eight years of his rule and lawing passed like obamacare, and nafta, and china getting into the wto. and with donald trump, you see someone who has success, and he's a winner, and that's what they feel they need right now. >> so what do you see happening moving forward? >> that's a great question. there are two things at play. the short-term and the long-term. the short-term, we could very well see the strategy that some of the other candidates have to hold donald trump down to the threshold. it could come into play, and we could go to the convention, and someone else could be the nominee, and it's a big mess. long-term, if the republican party wants to have something to serve as a governing consensus in america, they have to figure out a policy to bring these two groups back together under the banner of the party. >> thank you for that, they're clearly smart people, and they're paying attention. they may not be as educated and using the kind of language that mitt romney is using, but certainly, okay. >> it's very real. >> bruce haynes, appreciate your time. he's founder of consulti

the other thing is i do worry about currency manipulation as spelled out in some -- in the wto agreement. this issue called origin, the parts in your vehicle. i don't want to get all detailed about this. and here is what i think. i have always had this position. we need free trade but we need fair trade. and when we see violations out there. we must act unilaterally to protect people's jobs. and be careful about it. because you just don't want to swing around and not know what you are talking about. but in the case of south korea, we should have stopped the imports immediately. so we have to be global, no question about it. we have to have better rules when it comes to trade. but then, when people violate them, then we have got to hold them accountable for it okay? [cheers and applause] >> what about, governor, where someone doesn't violate the rules but a company like one in indiana airconditioning company decide to move all their businesses to mexico and presumably because they can find cheaper labor and then it wipes out a town in indiana because it's not just the employees losing the

we ought to get out of the wto. since 1994 they have been our most deadliest enemy. at is why our jobs took this long to go overseas. here, byhite china is the way, with the power to take these jobs. we have an imbalance in trade going on. throw in the refugees and immigrants, people coming from any side coming to this country and overstaying their visas and just disappearing, like one woman pointed out, it's just unbelievable. we've got a put a stop to it. the borders, the money leaving the country, we've got to get our jobs back. do you do it? the last three things you have laid out. it's simple, you close the borders, stop immigration, stop the inflow of refugees. that's the first thing. get out of the wto, that's the next thing. get out of nafta, that's the next thing. these trade deals, these partnerships, these are disaster. i'm a republican. he got up there in said -- from that itey -- he said was so secret that he thought it was a communist country. you couldn't taken note or swipe down anything or see anything. you couldn't have pictures taken. and then you w

the other thing is i do worry about currency manipulation as spelled out in some -- in the wto agreementissue called origin, the parts in your vehicle. i don't want to get all detailed about this. and here is what i think. i have always had this position. we need free trade but we need fair trade. and when we see violations out there. we must act unilaterally to protect people's jobs. and be careful about it. because you just don't want to swing around and not know what you are talking about. but in the case of south korea, we should have stopped the imports immediately. so we have to be global, nobout. we have to have better rules when it comes to trade. but then, when people violate them, then we have got to hold them accountable for it okay? [cheers and applause] >> what about, governor, where someone doesn't violate the rules but a company like one in indiana airconditioning company decide to move all their businesses to mexico and presumably because they can find cheaper labor and then it wipes out a town in indiana because it's not just the employees losing their jobs but all the p

the wto said that we would have .o pay $1 billion in sanctions it used to say animal raised income ishtered them, you knew the background of the meat. those levels are gone. they wto said the wto said you're not allowed to do that under the agreement. so, congress got rid of it. it happened six weeks after president obama said no trade agreement can change our laws. the tpp allows a new right for importers to challenge at the border and get it release. because a lotying of countries are huge importers. tim, a south carolina republican. i just have a comment and then i want to ask miss wallack a question. first, the american public, i don't want to call them a great. if they want greece or spain, boat for killer clinton or bernie sanders. you will have unemployment at %.out 25 by hillarywas signed clinton in the 90's, what could anyone do as far as an independent person to come and and regulate the trade with and have taiwan make our products instead of china? mosul don't know they produce a lot more than bangladesh, india, and all these countries. what could we do to back them more an

points and a lot of people pegged that to his opposition to the auto bail yut and then we look at the wto and nafta. about 231,000 aggregate jobs lost in manufacturing, pegged to those two drad deals through 2015. michigan's really been hurting economically and i think those two issues both sanders and trump kind of meet in this kind of nonideological place on the political spectrum. i think that more than the, you know, advertising, the negative ads or the, you know, the trump, you know, the long speech tonight, those types of performances, i think the issues actually really mattered in michigan tonight. i think that's what we're seeing. >> that's an interesting point of trump and sanders on trade. hillary clinton in the last debate on cnn tried to make a case that bernie sanders had voted against the auto bailout and it was a little bit of moving the shells around. he voted against t.a.r.p., the funding and then he voted for auto bailout loans. but it is not affecting him the attack she tried in michigan. he may win. >> he's hit the issue of trade a lot. the transpacific partnership tha

others that claim we've lost 3 million jobs because we let china into the wto. hear statistics one in five jobs is tied to free trade. >> those jobs make more money an the average worker. so you're talking about value added things. yes we import from mexico. mexican content is very low. it's assembly. the value add comes from the u.s. again, the very simple statistic, 95% of the consumers are outside of the u.s. this idea that we can slap on tariffs so we can bring jobs back to the u.s. is flawed. herbert hoover -- >> who is going to stand up. let's say joe seeing right, the democrats are terrible on trade. >> not me. >> i'm agreeing with you joe. who is going stand up for trade and tell people that ultimately this is good for them. seems like nobody is being an adult in the room. >> it's all about leadership and unfortunately primary season it's demagoguery. people are angry. who took your job away. china did. trade did. it's so easy to say. it's an easy solution. very superficial. i think it's very dangerous. >> harry reid won't like this. >> i'm just saying i

the deal. be green. so as long as you're wearing green, i guess you're good to go. to italy. >> yes. we are moving on ri'sitice.on smathth a italn ic to y, wto cestof the ofisomnoonp. th cainand exevenhoitoi t ttcoldt? bul, 's fr ian e. ited by thi ab to ki-- >> ia buhelpilmatuth ev crc. th'snte famili eststhlly n rds. t iur 7: anthis month, thki , you'renglove this. ey'rto be budia me ji joson,pupu atever tha. e.me of e sie llg . n fi th og. al jclk pe ayo cmi mi uon rih. tuome in1:00 m. isf r cel errona findgistti oblog anbasiwel in you erytto urgr inhalf. weovtou th no e es t dit n ba rnin>>sood y . ics you. you of ant opper toda rht, nearlyall thg ma gi tomagencbrak. esrs udg carada rs, o detectanne rn dve fiat, yo, aden to th to iueamonmange pledgehest teh s stcists. hees theth co ulynda nd introuteac w n pt ina radio-thon tay. ey of ate urifle ioandr dr te t wee ssion al's lylovend sp us aeduc, ki ly. ulio e d soat things >>nc e adjeis dier rivesc. s e evy day --su students ne ths an sues ani ke rs th the succesthalowthey burung memes. epr: js do. l heisa natehimusic. ant someartwork.d they're aling ve ki and cr t henkh e teal >> at e

multilateral trade environment which we've been operating in over the last 20-plus years between nafta and the wto and go to a bilateral trade system. when you have a pi lateral system, i think you have more of an opportunity for negotiation. i think that may be what he's thinking about, more of a bilateral movement -- trish: more level playing field. >> when you're dealing on a bilateral trade, you do have an opportunity to make it more fair as opposed to having all these cooks in the kitchen. i would think that would be maybe where his head's at. trish: let me ask you, ford, how do you think he's going to perform tonight, and we take anything away from what we saw? he was fired up, clearly fired up. is that kind of energy going to continue into what we see on stage tonight at the debate? >> i absolutely expect it to because you've got to understand something. he doesn't forget things. last debate he actually got cuban sandwiched between ruin owe and cruz. -- rubio and cruz. and, frankly, no matter how he performs, his supporters are going to stay with him. the key is for folks in florida and ohi

so when you see a transfer of wealth of $4 trillion since china joined the wto and you see the detriment that's done to the american economy -- and a lot of people saying well, we're getting cheap consumer goods. yeah, that doesn't do you a lot of good when you don't have the money to buy them or your job is being dumbed down, this is an enormous impact on the american economy x. the commission each year points out in a bipartisan manner how this is affecting the united states and helping china grow its military strength at our expense. and i just think the military guys and the economic guys have to get together and figure out a national strategy for the united states and how to deal with this issue. and a key part of it would be to me instead of running a $360 billion trade deficit with china which we're going to run this year, how to balance our trade with that country. what are we doing transferring all this wealth and power to china is at such a rapid pace? i think these are issues we have to focus on. >> thank you. and a comment from dana marshall. >> thank you. what you just said,

for the first time, the sanitary chapter is enforceable operations which go beyond the wto chapters. for the first time, there is a chapter dedicated to small and medium-sized companies. for the first time in any agreement, there are binding provisions which help to ensure the free flow of trade. also, for the first time in any u.s. agreement, there is a chapter specifically designed for state owned enterprises. also, for the first time in any agreement, a provision that requires the country to criminalize trade secret theft. providesat tpp also manufacturers with increased .pportunities to increase sales they are eliminating or reducing barriers across countries with strong outcomes undisciplined barrierslocal content and discourage toy areas. something i hear about every day. tpp cents the strongest rules to date on prohibiting restrictions on the movement of data and localization of i.t. infrastructure. an important issue for large companies, but more more for the companies using the cloud to sell globally through internet storefronts. tpp also says strong i.t. roles, particularly

now when we see global, so many people back to the wto process mean, things we mean global market. the biotech bust is no more. he recovered we have no poster child for infinite expansion of they said will be in the long move, grow forever. that was just and imperialism by another name. it doesn't negate the fact that the internet is still a global net work. it still has the potential to disseminate ideas and entrepreneurial ideas if you want to even call them that. entrepreneurial ideas that can spread a global time dollar would be really interesting. how do network a whole bunch of local time dollars bucks is almost a holy grail so i can make money. and it still some of his good over there. i just bought something from turkey, that was kind of weird. what was that? on ebay is evil in its way, but they facilitated commerce between people in a way rather than just extracting value from people. >> we have time for one more question. >> a woman. >> i was trying to see if there were any women. that's specifically what i was looking for. nobody, really? >> a person of color. [laughter]

world, both the economic architecture and the national security architecture in places like nato of the wtong off america. that's one narrative. and what they're doing is essentially the old quid pro quo that used to exist that america was the global security guerarrr of last resort, those institutions provided a better way of life and provided jobs for average working americans. what trump is saying is somewhere along the line, that broke, and those institutions are now harming american interests, and we need to get back to our home base. now, there's a lot of incoherence in this extraordinary interview, which i recommend everyone read, as long as it is, but it is internally consistent with the view the united states needs to get back to basics. that means dissen tangling itself from much of the world. a fascinating and shocking interview. >> he doesn't seem to put a lot of cost in the cost of, for example, stepping back from nato. the costs involved in letting japan and other countries, you know, supporting their nuclear weaponry dreams. there doesn't seem to be any cost to those costs. >

as far as the wto, we got taken out of that because they had been back since 1994 are most deadly anomies far as economic growth. as for the jobs took this long to go overseas and that's why china built the big unfair by the way with hydroelectric power to have companies have power to take these jobs and don't bother stuff over here which we have going on. and then you throw in the refugees and immigrants and people coming from a site of the board coming to this country never stand beside the injustice it. peer the equivalent pointed out, it's unbelievable. it's just unbelievable. we've got to put a stop to the borders and money leaving this country we've got to get our jobs back. i don't care how we do it. we've just got to do it. >> host: how do you do the last three things you laid out. any questions from your rent? >> guest: >> caller: to stop the refugees come at. that's the first thing. get out of nafta. that's the next thing. and all this other trade deals partnerships, that's a disaster. they then heard one democrat congressman. i'm a republican. he got up there inside is from ne

and-- >> this is not about donald trump, this is the same revolution led from the 1960's, against the wtond then in 2012. they're getting the band back together and regardless who the g.o.p. nominee is in-- >> i like that expression, getting the band back. stay there, monica. let's get to your money, shall we? five minutes into the show,let's talk finance. a little later on this morning, litter i 24 1/2 minutes. the dow will open slightly lower. we're only one rally away for the dow being in positive territory for this year. where are the bears? they surfaced in january and hibernating now. oil, pretty close to $40 a barrel. 39.26, but the big move thus far is the price of gold up 38. ashley: it's remarkable, why? because the fed decided know the to raise rates and therefore, that's pushing the dollar lower across the board, the dollar falling against all the major currencies, and dollar denominated oil, that's the reason why oil is going up and also, it's riskier money now into gold. it's up $38. all of the commodity sector is up. money going in there because the fed will keep the cheap

her husband was the guy that brought china into the wto and handed over our markets. flirting with the transpacific partnership, although sanders has backed her off of that. on the right side, cruz talks a good game on taxes, of course. but on trade issue he has no credibility because of his previous issues with china. and here's a prediction four all. i would love to short marco rubio, no pun intended because on tuesday he's going down. he'll be about out of the race by tend of next week. the reason is, florida. he has no chance at all of winning florida. people who don't know florida say that's his home state. guess what? he got elected with tea party support and as soon as he got into office he backed off of that. they don't like marco rubio there. plus, florida has this early voting there and people have already voted. a lot of people have already voted. so he's done. >> california colleges, i wasn't at uc irvine that's a possibility. >> this is orange county, joe. >> i know. >> come on. do your geography. >> uc irvine -- >> we bowl out here, joe. >> just avoiding

these are folks that have been significantly impacted by the trade imbalance due to nafta and the wtof the tpp. so when donald trump comes in and talks about losing -- >> the jobs went to mexico, they go, that's right. they did. >> it's the truth. so when you look at -- you talked about 8% of the republican voters being democrats in my area it was far, far higher. one out of 15 republican votes cast in trumbull county which is deep blue was cast by democrats and 50% of the votes that were cast for the republicans went to donald trump in many area. >> we had a woman on yesterday from indiana. she's a trump supporter. but she's a life long democrat. >> right. >> she said, you know, the democratic party is not my grandfather's democratic party. it's changed. >> it has changed and i was actually just talking about this earlier with somebody in the greenroom. i think one of the biggest challenges we have as a party is the fact that we are so heavily reliant on personalities to prop us up. you know, we're a strong party during the bill clinton years. we were strong with barack obama. as som

if you have someone going up against hillary who voted for nafta, supports the wto and we know is goinginton is going to play populous against that. well, looking back on those deals, i think we can say that a lot of mistakes were made and we lost a lot of jobs. she'll go renew the homeland versus the gop establishment figure who says let's do the same things that didn't work for the last 20 years. i think she's going to be relishing the idea of going up against a gop establishment figure. >> laura, let's travel down to florida. talking about ohio. john kasich doing well in his state, but marco rubio down in florida, look at the latest polls. quinnipiac poll, trump is getting 46% of the votes there. rubio is getting 22% and cruz and kasich falling behind as well. we know what's at stake at marco rubio. is this his last stand? will he get out if the polls are true? >> if you can't win your home state in a gop primary, i think you have to do some soul searching about your positions, the decisions you made. over the past five years in office. who you teamed up with. what promises you might

reading some stuff, that suggested that 3 million jobs were lost in the united states when china joined the wtolost when nafta came about. and most of those jobs, 75%, were in manufacturing. are there groups of people being left behind in this? >> of course, but i'm not sure it's trade related. let me give you the nafta figures. our manufacturing exports have grown and are about $900 billion to the nafta parks. jobs are created and jobs are lost. i fault the bad fiscal policy of federal government, across the board. so, obviously, we have to have educational retraining programs, we also have to have good fiscal policies that creates jobs or encourages job creation by the private sector. so i don't think it's as easy -- you can take those gross numbers, attribute them to trade, but it has to doed with a broader economic performance of the economy. and especially, the really lousy job that the congress of the united states, the republicans, democrats, and the presidents have done, especially this recent many years. >> so richard, rick santelli there. >> rick, what a great first name. z >> so it's

the urch. nsenos country de. >> e trak engiic momentsbeforee >>nd you have ticefiincomi t more ns g pr upward a bo overadonousi'sa beex wto co american workers brought us back from the crash. now, let's move forward. we need jobs that provide dignity and a bright future. new penalties to stop companies from moving profits and jobs overseas. a new tax credit. and let's invest in clean energy jobs, with 500 million solar panels installed by the end of her first term. we've gotta create new jobs and industries of the future. i'm hillary clinton and i approve this message. negsd ts edhoke unty heer hainar ners charwi elty fr tday,th aspca is injo adoptiont mpor shelte saor tillwaiv >>> on end thda ut15. na ey a verymaai f mowo ints cl ll. veobab no pricesarereacnger t e ain. whthey? cog tocalculions gular adone up 12 week. ave per ga no.8 tillteth the onal eragof $1.93. ys priceted inue tclcae the astuou d supp som cah a coldfoeo-t caaltere warng abt ext boost. eporte ithisu,ferrle y'rone else, yo aw. you e d achy, trythi . t re nt issoevid shows attakinga vitamin c supplen a regular basi while you were still healthy might sh

." >> the republin presidential, i don't wto calit. guess debate there were s smany insults flying back andhfortrt it was hard do keep t tck. >> ihought i was watching g that deal last nightht i st was speechless. >> reporter: while some democrats arhappy the e p spectacle has drawn attentio ay froclton's e-mail contversy, tre'so concer jujuook uperueueueay. a record 8.5 milli replica turned out to vote, compared t t fewer than 6 million democratsts i have not started ononillary `yet. believevme, i will srt soon. >>eporter: cntondvis privy owdg tmp coul t t t. >> and karl with us live. ght now, the clinton campaign telling you, they' prerered to go onen-one with truru??? >> r rortete the cnton team is proceeding with e assumptionon that trump will be the republican nomee. while they belilve h hs a deeply flawedte, th bel he could be much toughero beat thananhe polls s sgest in a general election. >> j, thanks. >>> next, to a dangeus commute syst swept up the east coast. k roads causing spinivts.is one i-n hampmpir trafficacd upor les.

i think the first one was wto focus on what the issue was in front of me.ll of fame issue and the hall of fame is independent from major league baseball. the issue in front of me was whether i felt comfortable with the idea that pete rose could work in the game and potentially impact the integrity of the play on the field. so that was sort of the first thing. >> which raises the question -- is there anything that pete rose could do that would lead to his reinstatement? >> i believe that people are always capable of changing in ways that produces -- >> then tell him what he has to do. >> we had a conversation, pete and i, about what my concerns were when he came in for his interview. i think he has a pretty good idea of what he would have toed oo whachlt is th -- to do. >> what is that? we didn't hear. >> if you read the opinion, i think one of the things that was most concerning to me was, given his desire to be reinstated, his inability to stay away from betting on baseball against the backdrop of applying for reinstatement. so i think that he would have t

in fact, i recall in the 1990s there was a federal court that struck down i think it was portions of nafta or wto, something like that, and the clinton administration waited to put out a position on it until after they had heard from their solicitor general. and to me, that suggests a high degree of credibility, deference paid by the president to the s.g.'s office. >> host: booktv is on location at the university of wisconsin in madison. we have been talking with political science professor ryan owens. and here's his co-written book, "the solicitor general and the united states supreme court." >> when itune into it on the weekends, usually it's authors sharing their new releases. >> watching the nonfiction authors on booktv is the best television for serious readers. >> on c-span they can have a longer conversation and delve into their subjects. >> booktv weekends, they bring you author after author after author that spotlight the work of fascinating people. >> i love booktv, and i'm a c-span fan. >> every day books are reviewed by publications throughout the country. here's a look at some recent

going for the nomination in 2008, they were tripping over one another to see who would reopen the nafta, our wto agreements to make it fairer for americans. it is not new, what is different this go around is the tenor is more strident. there isn't anybody really taking the other side. you would expect republicans to point out the benefits of trade to some extent. i imagine that will happen once the nominations are wrapped up. the general, there is a pivot toward the center. i would imagine the rhetoric will be toned down. host: have you seen a shift within the republican party from stronger support of free trade to less now, as evidenced by rhetoric we have been seeing lately? guest: in u.s. history, from the civil war, until 1934, republicans were the protectionists. the terrorists is the mother of the trust, big business did not want competition from abroad and democrats approved -- after the war, a bipartisan consensus emerged and that persisted until the time of the nafta vote in the early 1990's. the democratic party has become much more skeptical of trade and republicans have embraced it.

the u.n. i'm not prepared to say we should get out of wto. de aa road -- you power that the united states has. this is my view. our trading partners, specific, probably even more than europe, are smaller countries, for the most part. they are very nationalistic. they create national policies .esigned to exploit .ou see china you can invest in this great usket, but you have to give the technology. they steal arctic allergy, and it starts getting spread around. i think the united states should be more willing to send itself, and it has the leverage to push back. we have gone very far. i don't see us retreating significantly on trade. believe -- i have said, and i think candidates should say, we will not lose a single job in as a result of trade. current see is huge. we had a fight over that. there was a battle over tightening controls on currency abuse. it was always resisted. we had to show vote -- a show vote in the past. if the tpp is signed, it will not have currency control. as with said -- was said years ago, our currency can wipe out in a