Massive trade imbalance between the two sun countries. we hope they can see china s development in an objective manner. cast away bias and meet china half way. china policy will likely remain consistent, as they consolidate power on his way to a second term. the trump administration declined to officially name china a currency manipulator. during the campaign, president trump repeatedly vilified china and promised to label it a currency manipulator. his tone has changed. he applauded china for work to isolate its ally, north korea. u.s. officials complimented china for supporting additional sanctions against north korea, china can can do more to go
Yeah, the president really wants 15%. he s been talking about 15%. we say 20%. who knows what will actually come out of that tonight. the president really wants this or really wants that and changes his mind in a minute. let s remember, the president really called china a currency manipulator every chance he could get when on the campaign trail. then once he was president and gary cohn tapped him on the shoulder and said we have a model for this at the labor department and punch it in with every currency, trump said, forget it. he also said in terms of gdp, we ll aim for 6%. that s a pipe dream. you re never going to get it. as far as 15% corporate tax reform, let s remember most corporations don t pay anywhere above 20%. and this idea that if you suddenly lower the corporate tax rate, you are going to see these corporations build factories, buy planes and hire people. it s not a given. what i think what you re seeing is that you think that
On north korea and on china. jeanine: let me ask you this, rick. this is a big weekend, i think. if nothing happens this weekend, i think a lot of people are really concerned. if things seem to tamp down in light of there seems be a back channel that secretary tillerson is still, you know, working on, if we can get past this weekendh are things okay? that s number one. number two, is a preemptive strike possible? i think things are going to be okay when we see china move. i would give china a very short window. one week to shut down all of te trade. we have to remember that in theo first quarter of this year the chinese increased trade with north korea.is they didn t get the message. they are increasing their trade so we need to see in the next week a shutdown, if not, i would suggest we ve got one more play
A lot of smart the mart supreme have said we need an economic message. this is ridiculous. you can t just win on identity politics and transgender bathrooms. you need to talk to people about things they care about. chuck schumer the lead democrat in the senate sent out basically an overview of a better deal. this is the plan. i want to put it up on the screen for our viewers. you are familiar with it here are the bullet points. stop trade cheating and market manipulation. tax companies that ship jobs oversea. crack down on. independent trade board to prosecute unfair trade patropractices. buy american. i guess i could go on. it s got everything but build a wall and make mexico pay for it that s trump s platform from the 16 election, isn t it. it is but it s also what democrats have been talking about not only in 2016 and 2012, even obama actually called china a currency minuter when he was campaigning in 2008. i think the democrats have been talking about this for a while but they
Also a little confused. a lot of smart the mart supreme have said we need an economic message. this is ridiculous. you can t just win on identity politics and transgender bathrooms. you need to talk to people about things they care about. chuck schumer the lead democrat in the senate sent out basically an overview of a better deal. this is the plan. i want to put it up on the screen for our viewers. you are familiar with it here are the bullet points. stop trade cheating and market manipulation. tax companies that ship jobs oversea. crack down on. independent trade board to prosecute unfair trade patropractices. buy american. i guess i could go on. it s got everything but build a wall and make mexico pay for it that s trump s platform from the 16 election, isn t it. it is but it s also what democrats have been talking about not only in 2016 and 2012, even obama actually called china a currency minuter when he was campaigning in 2008. i think the democrats have