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Transcripts for MSNBC MTP Daily 20190823 21:14:00

they have got these problems in hong kong. they re real, they re significant. you know, the fact is that the united states doesn t need labor in the supply chain the same way they use to. so there are a lot of american companies that would love to be able to get rid of some of their chinese high-priced labor, not have as many labor costs. it s all kind of working, the united states doesn t worry about the energy inputs. energy prices are low, the u.s. is a big producer, except that trump is so toxic to multilateralism and so many american allies. steve bannon when he was chief strategist did talk about a lot of this. like, if we re going to have a confrontation with china, let s have it early. but trump is transactional, he s very short term. so none of these american allies, even though a number of them are populist themselves, are aligning up to get on the trump band wagon to work with trump. in fact, the reason why they are

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