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major states and empires were at each other's throats and it goes from about 100% to 16 century there hasn't been a great power war pitting them against each other since united states was against china 60 years ago. if we zoom in the postwar period that era of development the global rate of warfare is pneumatically decreasing through the era of the korean war 300,000 died per year but then five in the 80s during the iran-iraq war but today even the worst war in a generation with the civil war it is 1.2. with the signing of the peace agreement through columbia the last war in the western hemisphere came to an end in which an entire hemisphere is that more and 56 of the the world surface is free of war. despite obvious backsliding of turkey and russia and china the overall trend toward democracy has not been reversed the world has never been more democratic but in 1971 the world had 31 democracies half of europe was behind the iron curtain even western europe aim and portugal have fascist dictatorships. blend khmer loan -- latin america, taiwan, south korea they all become democratic today 103 countries were two thirds of the world's countries in the population. the power of the gover
major states and empires were at each other's throats and it goes from about 100% to 16 century there hasn't been a great power war pitting them against each other since united states was against china 60 years ago. if we zoom in the postwar period that era of development the global rate of warfare is pneumatically decreasing through the era of the korean war 300,000 died per year but then five in the 80s during the iran-iraq war but today even the worst war in a generation with the civil war...
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this changes everything, before it was the united states against the entire world, with the aluminum and steel. now it's the world against china it's a very different scenario. go ahead. >> yeah, it's interesting people have been messaging me all day long on instagram about the same
this changes everything, before it was the united states against the entire world, with the aluminum and steel. now it's the world against china it's a very different scenario. go ahead. >> yeah, it's interesting people have been messaging me all day long on instagram about the same
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Apr 12, 2018
04/18
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>> well, it was intended to be a hedge against china in the world when the united states was part of the transpacific partnership. today meeting with lawmakers and governors who represent states that have a big agricultural presence. who fear the impact of china, u.s. trade, trade war or tough trade relations. so what the president did according to senators who were there is instruct kudlow, his new director of the economic council and u.s. lighthouser, the u.s. trade rep, to get to work on reconfiguring a transpacific partnership as a way of bringing the u.s. and allies in a power bluff to try to counteract the economic force of china. this is a big move when you consider the president very ceremoniesly got out of that agreement and of course he has been a trade centric president through much of his rhetoric as a candidate and now in office. >> all right, kelly, thank you. big thanks to all our panelists. let's go back in and listen. new jersey senator bob menendez questioning mike pompeo. >> just give me the elements -- >> so the other objective is to achieve a diplomatic outcome s
>> well, it was intended to be a hedge against china in the world when the united states was part of the transpacific partnership. today meeting with lawmakers and governors who represent states that have a big agricultural presence. who fear the impact of china, u.s. trade, trade war or tough trade relations. so what the president did according to senators who were there is instruct kudlow, his new director of the economic council and u.s. lighthouser, the u.s. trade rep, to get to work...
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against everybody else. that larry kudlow would try to use the united states as unifier, rather than a divider to get the world together against china, that was extraordinary strategy. >> larry kudlow is obviously a life-long free trader. he is very core in free trade. donald trump does too but donald trump also believes in fair trade and believes it is unfair, tilted to the advantage of china for a very long type. it was most, i would say the most important plank or at least one of the top three most important planks of his campaign. david: right. >> one of the things that donald trump had to bring larry kudlow along on, the idea you use tariffs as a cudgel as weapon in order to deal with these other issues. david: in proposal stage. john, will we see some kind of a deal between the world and united states and china before these proposals become a reality. >> time will tell. going through the wto is a very positive signal. a little bit of political risk reduced in the market that trump seems to listen to one of his advisors and the proposals larry kudlow put forth which is positive message being sent to the market. >> all right. open for bus
against everybody else. that larry kudlow would try to use the united states as unifier, rather than a divider to get the world together against china, that was extraordinary strategy. >> larry kudlow is obviously a life-long free trader. he is very core in free trade. donald trump does too but donald trump also believes in fair trade and believes it is unfair, tilted to the advantage of china for a very long type. it was most, i would say the most important plank or at least one of the...
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Apr 10, 2018
04/18
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warned that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral ism and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china saying the threat of more tariffs was simply the next step in the negotiating process now we are back to the brinkmanship on friday china's state media which of course is controlled by the communist party sought to portray china as the victim saying trump was simply trying to stop china's rise and the media had another blunt message china doesn't do surrender. still to come on counting the cost who's been looking at your facebook data some very unhappy lawmakers will be asking facebook c.e.o. some tough questions about how he runs the world's biggest social media network. first the robots may not be coming from jobs after all is not as many of them see a new o.e.c.d. report says fewer jobs
warned that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral ism and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with...
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Apr 6, 2018
04/18
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that china was ready to pay any cost in any trade war with the united states and its spokesman went even further booming far if the insist on unilateral reason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china saying the threat of more tariffs was simply the next step in the negotiating process now we are back to the brinkmanship on friday china's state media which of course is controlled by the communist party sought to portray china as the victim saying trump was simply trying to stop china's rise and the media had another blunt message china doesn't do surrender. results for president luis in a suit is considering his next move after judge issued and a warrant for his arrest supporters have gathered outside of the metal workers union building and how apollo where you learn has retreated with some of his political allies he has until five pm on friday local time to hand him self into police af
that china was ready to pay any cost in any trade war with the united states and its spokesman went even further booming far if the insist on unilateral reason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china...
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Apr 6, 2018
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that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral eason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china saying the threat of more tariffs was simply the next step in the negotiating process now we are back to the brinkmanship on friday china's state media which of course is controlled by the communist party sought to portray china as the victim saying trump was simply trying to stop china's rise and the media had another blunt message china doesn't do surrender. catalonians formulated colors possible has been released on bail from the german prisoners called for talks with spain the court rejected the spanish action request judges rule the rebellion charge that huge amount faces in spain is not a criminal offense in germany he could still be extradited on the lesser charge though of misusing
that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral eason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china...
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against china. >> a lot of the cpp was about intellectual property. a lot of it the united states wanted to get done on that front. proof, he disappeared on the first day of the trump administration. that was the way to attack the intellectual property. cheryl: alan blinder talking to liz claman. imposing sanctions as part of a way to crack down on theft of intellectual property from u.s. companies. something going on for decades. lauren: the president treated over the weekend. streamers coming young immigrants brought to the country legally his didn't deal instead. he spoke to reporters as he was heading into church for easter sunday services. >> democrats had a great, great chance. lauren: tribe says the u.s. will walk away from math deck of the north american free trade agreement unless mexico takes additional steps to stop immigrants from the country. also calling for a wall along the mexico border. tranthree president trump attacking amazon again over the weekend over how it does business. investor concerns about possible regulatory -- thursday the president treated saturday
against china. >> a lot of the cpp was about intellectual property. a lot of it the united states wanted to get done on that front. proof, he disappeared on the first day of the trump administration. that was the way to attack the intellectual property. cheryl: alan blinder talking to liz claman. imposing sanctions as part of a way to crack down on theft of intellectual property from u.s. companies. something going on for decades. lauren: the president treated over the weekend. streamers...
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this changes everything, before it was the united states against the entire world, with the aluminum and steel. now it's the world against china it's a very different scenario. go ahead. >> yeah, it's interesting people have been messaging me all day long on instagram about the same thing that have been so vocal. people may think this sounds crazy but i support the president's action when it comes to china. plain and simpleetween chinese goods and imported to the united states and american goods imported to china rose to 375 billion last year up from 347 billion the year prior. overall the trading deficit with all of our trading partners rose 12.1% to $566 billion. so when president trump sends out a tweet and says we're down $500 billion how can you lose and knowing for a fact that this hasn't really impacted anything outside of the stock market and it isn't a trend just yet, we should have these discussions because president trump has been very clear, getting back to the 80s when he did that oprah interview about us being taken advantage of and this is a time where we have someone that's actually doing something about it. da
this changes everything, before it was the united states against the entire world, with the aluminum and steel. now it's the world against china it's a very different scenario. go ahead. >> yeah, it's interesting people have been messaging me all day long on instagram about the same thing that have been so vocal. people may think this sounds crazy but i support the president's action when it comes to china. plain and simpleetween chinese goods and imported to the united states and...
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Apr 12, 2018
04/18
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you pointed out but the purpose was to reassure those ag-state leaders that the agriculture will have the system back. united states has threatened tariffs against china. china has threatened to retaliate against the u.s. agriculture sector and this is the president telling those folks that the u.s. will take protective action around the ag sector to mitigate whatever damage could come from chinese tariffs placed on u.s. ag products but he talked about it and reiterated concerns about china and the auto industry. >> if we sell a car into china, number one, they won't take the car. number two if they do take the car, it's 25% tariff whereas we have no barriers, whereas when they sell a car to us it's 2.5% when they have barriers with us, it's 2.5%. that's not a good way to make money. >> reporter: the president said nafta, the negotiations are ongoing. as far as he's concerned he's happy if they continue on indefinitely >> eamon javers at the white house for us with all of the trade issues one reason why byron ween says investors may be too optimistic right now. >> there's too much complacency, i think we'll test the february lows but i think the year
you pointed out but the purpose was to reassure those ag-state leaders that the agriculture will have the system back. united states has threatened tariffs against china. china has threatened to retaliate against the u.s. agriculture sector and this is the president telling those folks that the u.s. will take protective action around the ag sector to mitigate whatever damage could come from chinese tariffs placed on u.s. ag products but he talked about it and reiterated concerns about china and...
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that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral reason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china saying the threat of more tariffs was simply the next step in the negotiating process now we are back to the brinkmanship on friday china's state media which of course is controlled by the communist party sought to portray china as the victim saying trump was simply trying to stop china's rise and the media had another blunt message china doesn't do surrender. former south korean president park geun hye has been found guilty of abuse of power bribery and coercion and sentenced to twenty four years in jail and says it was made after the chief judge read a lengthy statement outlining eighteen charges against park she was not of the proceedings which were broadcast live let's take a look back
that china was ready to pay any cost in any trade war with the united states and its spokesman went even further google me far if the insist on unilateral reason and the trade protectionism against the wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china...
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that china was ready to pay any cost in any trade war with the united states and its spokesman went even further who warming far if the insist on unilaterally ism and the trade protectionism againstthe wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china saying the threat of more tariffs was simply the next step in the negotiating process now we are back to the brinkmanship on friday china's state media which of course is controlled by the communist party sought to portray china as the victim saying trump was simply trying to stop china's rise and the media had another blunt message china doesn't do surrender. a mexican politician is accuse the u.s. president of using central american migrants as propaganda donald trump is described by constructing through mexico to the u.s. as being plagued by violence and sexual assault echoing language from his presidential campaign john heilemann joined one bus load of migrants in waka in mexico. one is
that china was ready to pay any cost in any trade war with the united states and its spokesman went even further who warming far if the insist on unilaterally ism and the trade protectionism againstthe wishes of china and the international community we will fight to the death at any cost we will resolutely fight back and take new measures and protect the interests of our country and the people well just a day ago of course the united states had sought to try to lower the temperature with china...
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Apr 9, 2018
04/18
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times in the last 10 or 15 years about whether china might sell treasuries to weaponize against the united states. just think about this. 16 when chinad was going through financial turbulence, their foreign reserves declined by a trillion dollars without really threatening or moving the treasury market. japan has reduced its holdings of treasury's without moving the market. narrative that china can weaponize finance to hit back at the united states is both counterproductive for china because if prices fall the chinese will suffer losses as well. there are other things the chinese can do. they have used pressure on companies before, against norway, the philippines, south korea. there are other things they can do before they get to this armageddon scenario, as a last resort. scarlet: as we watch china and the u.s. trade and ratchet up these tensions and threats of a trade war you have laid out three distinct possibilities. what is the most likely outcome? >> we are all guessing here. there is still a possibility, i suppose that there will be a fudge. , xi jinping isr going to appear at this big davos type of event in china. it is widely exp
times in the last 10 or 15 years about whether china might sell treasuries to weaponize against the united states. just think about this. 16 when chinad was going through financial turbulence, their foreign reserves declined by a trillion dollars without really threatening or moving the treasury market. japan has reduced its holdings of treasury's without moving the market. narrative that china can weaponize finance to hit back at the united states is both counterproductive for china because if...
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anything stick out to you against the backdrop of trade frictions between china and the united states? >> i thought it wasble speech, not only with respect to underlying themes and tones but also the explicit statements that xi made that could only be construed as a direct response to statements made by the u.s. president over the last week or two. steve: he did not mention the united states or trump by name, but he is talking about some of the frictions happening in geopolitics and also the global economy. he also made good on what we thought he was going to do and opened up the market or at least pledged to open up the market further. there is some promise going on with chinese leaders' promises for reform. do you have that? >> i don't. lennar international has been active in the chinese market from us five years, which makes us the new kids on the block on a relative basis. we have seen incremental forms, incremental openness, incremental transparency. that has done nothing but help our business. steve: how does it affect sales in the united states if there is going to be a clampdown may be on chinese
anything stick out to you against the backdrop of trade frictions between china and the united states? >> i thought it wasble speech, not only with respect to underlying themes and tones but also the explicit statements that xi made that could only be construed as a direct response to statements made by the u.s. president over the last week or two. steve: he did not mention the united states or trump by name, but he is talking about some of the frictions happening in geopolitics and also...
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united states it was enough to send the dow tumbling yet again the third time this week that followed president trump's threat to escalate the dispute even further with an additional one hundred billion in tariffs against china on top of fifty billion already proposed china is angry it's made it clear it will fight the u.s. at any cost. we feel the u.s. action is extremely unreasonable the u.s. is seriously misjudged the situation and taking an exceedingly wrong action the result of this kind of behavior is like picking up a piece of stone and smashing your own foot with it even if the threaten tariffs don't become reality the rhetoric has left a market volatility in its wake on friday at one point the dow dropped over seven hundred points the us president told a new york radio station the proposed tariffs could cause some pain but are needed to help us we've already lost a trade war i'm not saying there won't be a little pain but the market's gone up forty percent forty two percent so we might lose a little bit of it but would have a much stronger country what to a finish and that's what i'm all about the trumpet ministration has various officials giving off different signals just on friday the director of
united states it was enough to send the dow tumbling yet again the third time this week that followed president trump's threat to escalate the dispute even further with an additional one hundred billion in tariffs against china on top of fifty billion already proposed china is angry it's made it clear it will fight the u.s. at any cost. we feel the u.s. action is extremely unreasonable the u.s. is seriously misjudged the situation and taking an exceedingly wrong action the result of this kind...
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Apr 30, 2018
04/18
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united states and russia. in other words, they could strike back if there was a strike against china.ability to do that. maybe that's what north korea says. we don't know and that's why everything hinges on the definition of denuclearization. there will probably be a lot of conversations going on at a diplomatic level. pao of terri of state, before he was secretary of state. s talking out of south korea about these issues. we really have to get down to the brass tacks to see what they mean by that and what they want in return. in the past, they have been offered economic development and they have turned it down. the chinese have turned that down to a chinese economic system to alleviate the challenge that they face in north korea and they have turned it down. i don't know but it's possible that the leopard has changed its spots. possibly and they have a youthful leader i suppose. a foreignportant is policy win here for donald trump? peter: let me just coming quickly on what you said previously. a lot of people thought one kim jong-un came into power that he would be different because
united states and russia. in other words, they could strike back if there was a strike against china.ability to do that. maybe that's what north korea says. we don't know and that's why everything hinges on the definition of denuclearization. there will probably be a lot of conversations going on at a diplomatic level. pao of terri of state, before he was secretary of state. s talking out of south korea about these issues. we really have to get down to the brass tacks to see what they mean by...
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Apr 26, 2018
04/18
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against bill cosby. cosby has left the courthouse but was ordered to remain in pennsylvania. the united states is pushing to have a tentative nafta deal in place as trump administration officials plan to visit china talks. people familiar with the negotiations say they want a deal by may 1, exemptions for steel and aluminum tariffs for canada and mexico that are due to expire. they are expected to meet with ministers from canada and ask ago
against bill cosby. cosby has left the courthouse but was ordered to remain in pennsylvania. the united states is pushing to have a tentative nafta deal in place as trump administration officials plan to visit china talks. people familiar with the negotiations say they want a deal by may 1, exemptions for steel and aluminum tariffs for canada and mexico that are due to expire. they are expected to meet with ministers from canada and ask ago
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united states. i don't think the action the white house took a year ago was lawful. if they want to initiate military action against syria they need to come to congress. reporter: president brought china to the table or around to his way of thinking on tariffs. china's xi xinping wants to open up the chinese economy. they're willing to reduce tariffs on goods, including automobiles going forward come into their country and enforce intellectual property laws on foreign firms. the president was cautiously optimistic, he tweeted a few minutes ago, about the situation. thankful for the presidency's kind words on tariffs and automobile barriers. looking forward to move toward a friendly trade negotiation. sources in the white house are cautiously optimistic. however they want to see some substance behind the words that they have heard china talk about this stuff before and not follow through. trish? trish: edward, thank you. i want to remind people we're rallying right now. up near the highs of the session up almost 500 points, in part because of these remarks from chinese president xi xinping. the president xi trying to ease some trade send shuns with the u.s. and promising to lower impor
united states. i don't think the action the white house took a year ago was lawful. if they want to initiate military action against syria they need to come to congress. reporter: president brought china to the table or around to his way of thinking on tariffs. china's xi xinping wants to open up the chinese economy. they're willing to reduce tariffs on goods, including automobiles going forward come into their country and enforce intellectual property laws on foreign firms. the president was...
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Apr 5, 2018
04/18
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was build as a tax event but the president did talk about china a lot. >> he's standing firm against china. he says he believes they have been cheating on trade and giving the united states a bum rush for decades and finally time that somebody stood up to them and said we're not going to take it anymore. listen to what the president said a few minutes ago. >> you have to go after the people that aren't treating you right. and in many respects, i think we'll have a fantastic relationship long-term with china. but we have to get this straightened out. we have to have some balance. >> the president responding to the threat from china the other day that they would slap tariffs on some $50 billion worth of u.s. goods that really covered the gamut of products made in politically important swing states. the president's chief economic adviser, larry kudlow, is playing down the idea that there could be a trade war between the u.s. and china suggesting there's back-channel negotiations already underway that may avoid the imposition of tariffs altogether and telling manufacturers in the united states who are beginning to hyperventilate about the effect of tariffs to take a deep bre
was build as a tax event but the president did talk about china a lot. >> he's standing firm against china. he says he believes they have been cheating on trade and giving the united states a bum rush for decades and finally time that somebody stood up to them and said we're not going to take it anymore. listen to what the president said a few minutes ago. >> you have to go after the people that aren't treating you right. and in many respects, i think we'll have a fantastic...
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Apr 6, 2018
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united states it was enough to send the dow tumbling yet again the third time this week that followed president trump's threat to escalate the dispute even further with an additional one hundred billion tariffs against china on top of fifty billion already proposed china is angry it's made it clear it will fight the u.s. at any cost. we feel the u.s. action is extremely unreasonable the u.s. is seriously misjudged the situation and taking an exceedingly wrong action the result of this kind of behavior is like picking up a piece of stone and smashing your own foot with it even if the threaten tariffs don't become reality the rhetoric has left a market volatility in its wake on friday at one point the dow dropped over seven hundred points the us president told a new york radio station the proposed tariffs could cause some pain but are needed to help us we've already lost a trade war i'm not saying there won't be a little pain but the market's gone up forty percent forty two percent so we might lose a little bit of it but would have a much stronger country what to a finish and that's what i'm all about the trumpet ministration has various officials giving off different signals just on friday the director of
united states it was enough to send the dow tumbling yet again the third time this week that followed president trump's threat to escalate the dispute even further with an additional one hundred billion tariffs against china on top of fifty billion already proposed china is angry it's made it clear it will fight the u.s. at any cost. we feel the u.s. action is extremely unreasonable the u.s. is seriously misjudged the situation and taking an exceedingly wrong action the result of this kind of...
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Apr 16, 2018
04/18
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united states on trade. and i think he's gone after china many, many times. he inveighed against them forcefully on the campaign trail. and i think there's an indication, you know, there was a hint in that tweet you just read outio that china has been artificially devaluing its currency to gain, you know, an unfair leg are up in trade practices with the united states. the president has levied some tariffs against him, there's been retaliation. he is caught -- once again, like on syria -- between a campaign promise that he made, a world view that he has put forth for a considerable number of years and the consequences of those actions. in trade china has targeted strategically farmers, for instance, with tariffs on soybeans. this is the heart of president trump's base in rural states like kansas and nebraska. he's heard from farmers who are going to be hurt by the fact that they have less access to these foreign markets around which, you know, a huge part of their business model is built. >> host: another topic, i guess, for the abe meeting that's coming up with the president. >> guest: yeah, absolutely. the trade, it's interesting, we were talking about how stories move s
united states on trade. and i think he's gone after china many, many times. he inveighed against them forcefully on the campaign trail. and i think there's an indication, you know, there was a hint in that tweet you just read outio that china has been artificially devaluing its currency to gain, you know, an unfair leg are up in trade practices with the united states. the president has levied some tariffs against him, there's been retaliation. he is caught -- once again, like on syria --...
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Apr 26, 2018
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against bill cosby. cosby has left the courthouse but was ordered to remain in pennsylvania. the united states is pushing to have a tentative nafta deal in place as trump administration officials plan to visit china for trade talks. people familiar with the negotiations say they want a deal by may 1, exemptions for steel and aluminum tariffs for canada and mexico that are due to expire. they are expected to meet with ministers from canada and ask ago for the third time this week. a senior european union official is urging kosovo to settle its long-standing dispute with serbia. he spoke today during a joint news conference with cousin was president. president. >> i know this is a difficult issue for both sides but there is no alternative. it comes down to a strategic convincedt i am 100% will pay off. >> he said that after speaking with the residents of most serbia and cozumel he is kosovosly optimistic -- he is cautiously optimistic. the first meeting between iraqi and kurdish leadership encounter between their forces last year. all major roads between the kurdish region and a rock are now open. airports are open to international flights. global news 24 hours a day powered by more than 2700 journ
against bill cosby. cosby has left the courthouse but was ordered to remain in pennsylvania. the united states is pushing to have a tentative nafta deal in place as trump administration officials plan to visit china for trade talks. people familiar with the negotiations say they want a deal by may 1, exemptions for steel and aluminum tariffs for canada and mexico that are due to expire. they are expected to meet with ministers from canada and ask ago for the third time this week. a senior...
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Apr 6, 2018
04/18
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BLOOMBERG
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united states, the news agency saying that fire late's international trade rules, reiterating china will defend its interests against u.s. actions and to extend this game of poker analogy that kathleen hays wasking about. in, you push your chips don't expect the other player to also push all in. $100 billiont it, in addition to what trump has announced. there is a 60-day consultation and they still have time to discuss and negotiate. i would not say bluffing tactics, but negotiation tactics. if china were to respond to today's news from donald trump, adding another $100 billion, that would cover the entire exports of the united states to china. in 2017, 100 $35 billion of products were exported to china. if china as $100 billion in tariffs -- the u.s. has more chips to throw in because it something like $500 billion. >> trade imports from china, $505 billion, a 300 $75 billion trade deficit, so a dangerous game of chicken some would say or a high-stakes poker match. some of the other state media saying that the u.s. will learn a painful lesson. this is bringing back some of the old rhetoric from days past. rishaad: do we have any ideas as to what china may well be looking at here? what would
united states, the news agency saying that fire late's international trade rules, reiterating china will defend its interests against u.s. actions and to extend this game of poker analogy that kathleen hays wasking about. in, you push your chips don't expect the other player to also push all in. $100 billiont it, in addition to what trump has announced. there is a 60-day consultation and they still have time to discuss and negotiate. i would not say bluffing tactics, but negotiation tactics. if...
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Apr 5, 2018
04/18
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CNBC
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against the united states is it too powerful to wage this trade war with the u.s.? >> so steve bannon's perspective before he was ousted as the chief strategist for trump was that chinag to be confrontational towards the u.s. going forward. and if you want to hit them, you hit them early when they're weaker than later. the problem i see with -- and by the way, when you talk to people around trump, either inside the administration or republicans outside, a lot of them are loathe to rip up nafta they're loathe to hit our allies, but a lot of them really do want to hit china the challenges are that if you do that, you want to hit the chinese with your allies so in other words, getting rid of the transpacific partnership, not the easiest way to get your allies onboard to gang up on china. you know, you want to have your allies feel like -- in other words, you want to have both a big stick and a big carrot the size of trump's stick is a little smaller because a lot of american allies are saying, we don't know if we can count on the united states long term. do we really want to align with them look at the french president, macron, who is saying facebook and google are as m
against the united states is it too powerful to wage this trade war with the u.s.? >> so steve bannon's perspective before he was ousted as the chief strategist for trump was that chinag to be confrontational towards the u.s. going forward. and if you want to hit them, you hit them early when they're weaker than later. the problem i see with -- and by the way, when you talk to people around trump, either inside the administration or republicans outside, a lot of them are loathe to rip up...
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Apr 18, 2018
04/18
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BLOOMBERG
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was a bad idea because that had strengthening elements for intellectual property and for other things that would give other countries as sense that they are working with the united states on this issue, not against chinarancine: going back to the currency point, china is doing this as trying to balance this wholly-owned -- holy trinity. then they have the problem of the u.s. talking about traded tariffs. can they handle all of it together? komal: i think the chinese are trying very hard to handle the risk off approach that we are taking. the fact that chinese debt has increased substantially. if you include the shadow banking activity in china, it is now estimated that over 300% of gdp, which is extraordinarily high, and a bloomberg chart looking at how the shadow banking activity has increased suggests that we went from less than 5 trillion renminbi in 2008 to over 30 trillion today. it is a big move. what they are trying to do including with the cut in the rousseff acquired -- in the required reserve ratio is to make sure the debtors are not affected. united states the take too strong of a position against china and the chinese are forced to react to it, then you have a debt crisis and the equity ma
was a bad idea because that had strengthening elements for intellectual property and for other things that would give other countries as sense that they are working with the united states on this issue, not against chinarancine: going back to the currency point, china is doing this as trying to balance this wholly-owned -- holy trinity. then they have the problem of the u.s. talking about traded tariffs. can they handle all of it together? komal: i think the chinese are trying very hard to...
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Apr 15, 2018
04/18
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FOXNEWSW
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against it. they were trying to condemn the united states' strikes >> what did he think was going to happen. >> who voted with russia? china did and bolivia. >> nikki haley speaking to kazakhstan, ethiopia, peru where vice president pence is because they abstained. they did not have the guts to stand up and vote against condemning the u.s. for this precise strike. >> you named the four countries i couldn't think less of. when is the last time i squaredd they thought about what america did. obviously the u.n. proves how utterly irrelevant it is on the world stage. who cares about the vote. the other ones voted, kuwait, netherlands, poland, sweeten. s. resolutions are silly. i think we should talk before we shoot. but without the united states of america, chemical weapons would be proliferating around the world today. president trump stood up saying i'll enforce your norms. think about the optics of that. votes don't matter. what matters is what happens on the ground. they should be thanking the world. >> messaging matters a lot. watching nikki haley, i think she's done a great job, reminding america and reminding the world
against it. they were trying to condemn the united states' strikes >> what did he think was going to happen. >> who voted with russia? china did and bolivia. >> nikki haley speaking to kazakhstan, ethiopia, peru where vice president pence is because they abstained. they did not have the guts to stand up and vote against condemning the u.s. for this precise strike. >> you named the four countries i couldn't think less of. when is the last time i squaredd they thought...