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Detailed text transcripts for TV channel - MSNBC - 20180406:18:05:00

sober way. we import a lot more from china than china imports from us. so, in theory, if you re just looking at tariffs, we could impose way more tariffs on china than china can impose on us. what do you say to people who say, look at those numbers, this is an easy war for america to win. first of all, we re going to look at those numbers, let s look at the correct numbers. when the president continues to say it s a $500 billion number, he s incorrect. but if we re talking about the trade deficit, it s grown since president trump has been in office. and here s the other thing. when gdp rises, when the economy grows, you have a big trade deficit. now, more power to the president that he s decided to address this head on. it is a huge issue. what china has done, their behavior, especially what they do around ip, but this tit for tat nonsense certainly doesn t help anyone, and yes, larry cudlow is talking us down from this fear mountain, saying the

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