two. ari: let s start with a dippel medic bar card. it s a good idea. i m glad the biden administration is doing it. but why is it unilateral? i thought joe biden was going to organize all of these international coalitions and he was going to be america first or america only? wise in france england, italy, why didn t joe biden work with them behind the scenes? that is a failure by the administration not to make this international effort. in terms of, where you really have leverage over china, it is america s business community. america s business community is just week, and it just makes me angry, and angers anybody who thinks that morality has to play a role in capitalism. if it was vladimir lenin, who allegedly said, that the west is going to sell us the rope with which we will hang. americans, businesses, seem to want to sell rope to china. if i read in american business, i would be looking for ways to wind it down and wanted out and get out of there. there is no good economic fut
he said these must be resisted, these proposals. he said, quote, i have a simple message for america s business community. do not comply. well, i think first of all, there are legitimate constitutional questions about whether or not this mandate on businesses, not the mandate on the federal government, but the mandate on businesses will withstand a core challenge, which i am of course anticipating there will be. i mean, there are questions about whether this goes beyond osha s regulatory authority, whether or not this violates the interstate commerce clause. there is a supreme court case jacobson versus massachusetts that would seem to suggest maybe there is a standing for this. one person s liberty can be override everyone else s liberty. but beyond the politics of this, and, of course, there is politics of this. a lot of people in the republican party eager to prove their bona fides by opposing president biden. beyond that, i mean, i think
we re in to forstall going to ba bankruptcy. it s against the economic interests of the american people to keep going in this direction. further morer the president tax on every single issue. in my view it no longer malters what the president says because that may be the first ramble or thought but you can be assured there will be a second and 3rd thought, all of which are different from the first thought. i remember during the obama years a lot of conservatives criticized because all these big ideas you re talking about is creating instability in the business kmunlt. it s clear the reason for the slow down is the business community is suddenly nervous because they don t know how the trade war is going to turn out. as i mentioned earlier, the key to understanding this is
the president flirting with this tweet directed at america s business community. our great amare companies are hereby ordered to start looking for an altern toov china. the dow plunge more than 600 points as the president headed to his meeting with world leadersers already nervously eyeing a slowing world econaim threatened fr threat furtherer by trade wars. for better or worse has delivered and now real questions are being raised about whether the united states can be counted on to provide the leadership the world has come to expect since the end of the second world war. getting a lot of money in tariffs. reporter: as president trump meets with u.s. allies, his own volatility is raising questions about his ability to manage theworld s largest one. the president is ratcheting up his trade war with china, threatening to raise taxes on chinese goods.
recently sat with senator ted cruz. what did you tell him and what positions do you think it was important that he know? again reremindwe reminded the senator of the impact of america s business community certainly the hispanic business community. what this community means to the continued well-being of this nation and the american way of life. our association represents 3.2 million hispanic-owned firms in this country that collectively contribute over $486 billion to the american economy every single year. we continue to grow at a rate that outpaces the general market by a rate of 3-1. and so the reality of it is our voice should be heard and anybody running for the presidency and the highest office in this land should sit with our constituents and explain his strategies and allow himself to kind of articulate why he or she thinks that they re the right person for that job. why do you think and you