golf course. the skies have cleared here. i didn t look like golfing weather, maybe irish golfing weather, it s going to be light out for another few hours. potentially, we don t know, but potentially the president will get in some golf tonight. hans, rain or shine there s always a good time to be had in jersey. thank you so much. next, you know it s true, more on trump s trade war and whether it s possible the president s strategy with mexico just might work or at least get the fed to take action. we re also talking with presidential candidate congressman tim ryan. he just spoke with general motors ceo, we ll hear any major news that came out of that meeting and maybe about that plant in his district. you re watching velshi & ruhle right here on msnbc. y zyrtec. .it starts working hard at hour one.
the southern border. but republican senators are voicing concerns. senator ron johnson warning that the republican congress does not support these tariffs and the administration should, quote, be concerned about another vote of disapproval. i m joined now by washington post columnist and john harwood. your latest op-ed caught my eye. you re calling out both the president for abusing his powers and his fellow republicans in congress for doing nothing to stop him. you write this, trump is plainly abusing his presidential powers using emergency authority to ignore congress so he can build a border wall, arm the saudis and slap tariffs on goods imported from mexico. republicans grumble and sometimes threaten action but ultimately do nothing to stop him. in this case, we have seen a few republicans speaking out against the tariffs but are they actually going to do anything? well, that s the big question, stephanie. if past is prologue, they re not
how can we help you, how can we do a public-private partnership, and they re undercapacity that they need to get to full capacity before they can look to a price like lordstown. we do have an electric vehicle truck company, hopefully that can be the future. manufacturing has been a large part of what s employed people in the state of ohio. we ve seen those jobs leave consistently over the last two decades. the president is saying he s taking this on, he s talking tough, being strong against china. now he s making moves against mexico. what s your take? i think targeted tariffs on dumped products into our country is entirely appropriate. and we ve seen people we ve seen china dump steel in our country and put workers out of work. i think targeting tariffs like that are appropriate.
strong and you ve got a fed chair saying i may cut rates. the economy is strong, but it s slowing down. we re expecting growth in the second quarter of less than 2%. we re expecting growth in the low twos for calendar 2019, the national association of business economists say a 60% chance of a recession before the end of 2020. it is possible if we get into a trade war not only with mexico but with china, with europe, we ve got an autos decision that is also coming, that could become more powerful than a fed rate cut in derailing this ten-year economic expansion. certainly a rate cut is going to be good for the stock market in the short term, but the way expansions end as we ve discussed before is something bad happens to them. they get murdered. they don t die of old age. and a widespread trade war with multiple combatants, that could murder it. we ll find out.
going to. all they do is whine privately or even in this case publicly complain about it. when push comes to shove, they back down. this could be different because we re talking about something that really matters to them. it matters as a matter of principle but also they fear that if we get in a trade war with mexico, that could be the shock that brings on a recession that hurts them at the polls next year. they may feel that they have their back to the wall this time and they stand up to trump. on the other hand it s hard to see how trump at this point gives in without on this signature issue of the border without alienating his base and getting something out of mexico that would actually make a difference. you can really see this could be different but i would not place a lot of money on the backbone of republicans in congress. they seem to have a lot more jawbone. john, what if the president moves forward and gets a massive