are going out the door that are going to be more expensive to consumers abroad. and that makes us less competitive. to me, i think that, again, we know we have an issue with europe. the president tried to push off auto tariffs between europe and japan a couple weeks ago. this thing could mushroom a little bit and we could find ourselves in a multi-front trade war which would weigh on u.s. corporate profits which we get maybe 50% of our profits from outside the u.s. and, really, we have a fragile global economy right now and this is the sort of thing that i just don t think anybody wants. global growth, talk to any big ceo and they ll say global growth, that is their game plan. kelsey, give us lawmaker reaction, specifically republicans. i think it s very notable that republicans want to come out most forcefully against this. the finance committee chairman chuck grassley who is not at all someone who breaks with the president on things very often is really upset about this. he says
trump and the russians were sending negative messages about hillary to black voters. is that something we re going to see over the next year or so, a constant hammering away on issues like the crime bill? stepping back and talking to republican consultants across the country and democratic consultants they say there is a pattern here with these attacks on vice president biden and what the president is doing over in japan. where is biden s key political appeal? in the industrial midwest. where is president trump at this moment struggling to cut a deal? he s struggling to cut a deal with the japanese. he has delayed the auto tariffs with the japanese for six months, did the same with the european union. still no u.s./japanese trade deal. a trade deal with china he is whispering some positive words so the markets are up today, still no deal necessarily on the horizon. this is a white house based on my conversations with republican leaders is worried about trade moving towards the democr
trump. you were discussing with ivan he down played the threats just yesterday he said it wasn t a big deal that north korea tested the short range missiles. so that was the question. it is true though that so far he has been able to stave off the auto tariffs. in fact, president trump said they wouldn t be working on any bipartisan trade deal in july in japan. so perhaps it has been paying off but not on the larger scale. we re seeing japan roll out the red carpet. we re seeing this close personal relationship between the two leaders and yet on the mayor issues, on the substance, whether it s north korea or trade the two countries still
so what other countries agree to is not binding to the united states. as far as china is concerned, they want to make a deal. i think they probably wish they made the deal that they had on the table before they tried to renegotiate it. they would like to make a deal. we re not ready to make a deal and we re taking in tens of billions in tariffs. and that number could go up substantially very easily. but i think sometime in the future, china and the united states will absolutely have a great trade deal. and we look forward to that. okay? thank you. the united states second question goes to jeff nayson of reuters. thank you, sir. i am going to ask two questions, if i can. first is a follow up on trade, can you lay out, mr. president, what japan needs to do to avoid auto tariffs?
successfully staved off those auto tariffs. the administration did put a six-month deadline on that to work out a potential deal. so it is true that this tweet from the president kind of set the tone moving forward, and it will be interesting to see, ana, what this first face-to-face meeting will be like between president trump and abe right there on the golf course. pamela brown in tokyo, thank you. i want to bring in washington correspondent for new york magazine and cnn s senior little analyst ryan lizza. guys, let s start with this bizarre tweet from the president just as he s about to go golfing with the prime minister, expressing confidence in kim jong-un, downplaying the missile test. what s the strategy, olivia? as always, i don t know that there is a strategy, since it s ado donald trump. it s a nice change from retweets