it raises a larger question of at what point does he use the tariff on other issues if you re a nato ally and you re not paying the 3% of your defense budget 3% of your gdp to your defense budget, do you suddenly get the threat of tariffs? do you sort of open this up to a larger space of using tariffs, which has been his go-to thing for japan, eu, china, now there s probably negotiations standoffs coming. yes, with japan. now they re having a standoff with india that s just beginning. so where this goes just with immigration and mexico is one question and then the broader use of this tool. and david, there have been interviews trump did in early 2000 where he talked about his obsession with tariffs. he thinks it s a power source for him. this is not a surprise he s going to continue to probably use this. a blunt instrument he will continue to wield. we come back, former vice
the extradition is still a subject of debate. the administration said this is a legal proceeding that can happen with our conversations about change. huawei is no longer a separate issue from trade. huawei knows that, the chinese a know that and donald trump should admit it. they thought they would be able to get through the trade thing, but nope, donald trump is trying to walk and chew gum at the same time. so he s handling all this china stuff at once. what makes the mexico situation so much more troubling is that robert lightheiser, his trade representative, didn t like the mexico idea. mexico doesn t all this horrible reputation that china has as being a bad actor. the mexico thing didn t make any sense to anyone in economics,
this is something the right wing media echos all the time. there are two reasons for that. one, he s always stepping on himself with attacking bette midler or nancy pelosi. but in this case, we are paying attention to his economic moves. they are reckless. now with mexico, are the wrong decisions, they are reckless decisions, they are not how to make our economy stronger. so basically, there is an accurate reflect of him not he was handed a good economy at the 10 yard line and he s cruising on it. and you know what? he s getting his due both on the wrong side and the right side. i m going to leave it there. thank you very much. great to see you here on this saturday. up next, who is in and who is out of the first democratic debates of the 2020 contenders? give us a preview of what s in store. a preview of what s in store. off his dancing shoes. luckily denture breath will be the least of his worries. because he uses polident 4 in 1 cleaning system
former u.s. trade froman. he talk about the timing. how can a company ride this wave, thinking they could see this threat happening, pull away again, what does it mean for businesses? it makes it worse is the short answer to the question. but i think something about uncertainty that goes sort of misunderstood is that it wasnk be measured so a lot of people dismiss it. but in the case of trade and specifically in the case of mexico, a lot of people have to understand the global trading system is much more complicated than it was 20 or 30 years ago. global supply chains are not just complex, they re finally tuned. in the case of mexico, a recent study showed that because so many american businesses send components to mexico to be resembled and put together in mexican factories and are then
having no business being there! whoo whoo! with us this morning is the editor of abovethelaw.com, an nbc news correspondent, the direct he of education for hillary for america and executive editor of bloomberg opinion. both msnbc contributors. as the new york times put it, the trade war ended before it began. overnight the united states striking a deal with mexico on trade and migration. president trump announcing the agreement on twitter a few hours after he got back from his trip to europe. quote, the tariffs scheduled to be implemented by the u.s. monday against mexico are hereby indefinite indefinitely suspended. involving days of negotiations between the two countries, 5% tariffs on all imported goods on mexico were threatened, including increases up to 25%.