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Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:48:00

imposed tariffs on chinese steel and aluminum and now we are seeing him display erratic chaotic type of behavior with closest allies. that is not a way to help american workers. chris: congressman chaffetz you want to respond to that? the president was elected to do something other than the status quo and his druption was certainly very successful in that summit. that s what he was elected to do. that s what he s doing and i think in his from his approach, that puts the united states in a position to now go back and push a negotiation so that we can get to something that is fair and balance and equal. i think that s what the president is after and i think that s what we will eventually get to. chris: but congressman chaffetz, president trump keeps saying and peter navarro says that, look, the point of all this and that eventually our allies and countries like china will cave and lower trade barriers but the

Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:32:00

chris: a look at the striking marina bay sands hotel here in singapore with iconic sky park ahead of tuesday s landmark summit. before president trump traveled to asia, he faced other world leaders at the group of 7 economic summit in canada. allies that are upset over new tariffs he s imposed on steel and aluminum import. joining us now one to have architects of that controversial plan, white house trade adviser peter navarro. mr. navarro, the summit ended with a nasty dust-up between president trump and canadian prime minister trudeau. he held a news conference after the summit in which he said canada will retaliate for tariffs that the u.s. has imposed on canadian aluminum and steel. here is trudeau. we move forward with retaliatory measures on july 1st applying equivalent tariffs to

Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:37:00

yesterday when he said we ve been the piggy-bank for the world and that s got to stop. if you look at angela merkel s europe, you see continent where we run 151 billion-dollar trade deficit in goods every year. germany has tariffs on autos four times higher than our tariffs on equivalent german import here and they sell three times as many cars as we sell them. so on the issue alone, we have allies strategically but when it comes to trade disputes, the allies basically are robbing us blind. the president is not going to put up that with that and in terms of retaliation, i want to get back to canadian miscalculation here. chris: i i don t mean to interrupt but i do want to move on because we have limited time and i ve got some other questions because the president also shocked the allies just before he came to canada by

Detailed text transcripts for TV channel - FOXNEWS - 20180611:06:28:00

you know, in the early heavy days right after the announcement of the summit, the president was thoroughly enjoying the crowds chanting nobel peace prize, fairly things have calmed down, how bad does he want a deal and is there a danger that he could fall exactly into the trap that barack obama he says fell into with iran that he pushes for a deal even if it s not the right deal? right, that s a danger and it could be a deal very similar to what we saw with iran, extended period of time and one that north korea could get economic benefits down the road. how invested he is, he s extremely invested. if you look around the world with policy, alienated allies. he s trying to use diplomatic means to achieve something. it s a real important moment for him. chris: david, rich, thank you both, thank you both for joining us, let s hope for lots of news this week.

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