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Detailed text transcripts for TV channel - CNN - 20190225:17:26:00

needs to win. if he claims victory even if it s perhaps not as good a deal as they could have gotten, they re going to listen to him. even this deal here, you have to look at what he did with nafta, too. republicans were cautioning him against this hard line with tariffs saying, this is going to blow up in our face. it will be interesting to see if the party reorients itself, if he s able to land another deal after renegotiating nafta. i think we ve seen the party more hawkish on china are not getting their way. a lot of trade hawks were happy that john was put in charge of this. but the last week suggests that the president has been a little less sympathetic to that hawkish view. on the hill, people like marco rubio, tom cotton. these are senators that want a tougher line on china. but in the end the president did not listen to them. we ll watch this play out. this is a fascinating moment.

Detailed text transcripts for TV channel - CNN - 20190225:17:25:00

president is pushing hard toward a summit in some sense boxes him in to having something to show for all this. the chinese know the art of the deal. but he s blunted the impact in a way, too. what is it, $7.7 billion have been paid out to farmers in order to so while this is being tied up, they re not selling soybeans and crops to china. so what happens when these sub as i h subsidies stop? are they going to be dormant? you have those states and you pointed out on the map these are states of big agricultural industries, where they stopped or feared seeing a negative impact. but trump just wants to be tough on china. this is actually something politically popular to show that you re being tough on china, but those people may be different, the voters of the states he

Detailed text transcripts for TV channel - CNN - 20190225:17:20:00

territories. today you re seeing a lot of relief in the market on words from the president and his tone. one thing to keep in mind, the stability, at least, in this market really hinges on whether or not there will be an actual deal signed and whether or not it can be enforced. that is key here. one trader telling me this market is really one negative headline about trade away from a reversal and from president trump possibly changing his mind, which is a possibility. john? just make sure none of them read twitter. allison kosik. we ve seen the volatility up and down in the negotiations. who got what and did the president get? he said he would be the president that finally stood up to china on chinese behavior that s been an issue for

Detailed text transcripts for TV channel - CNN - 20190225:17:24:00

you look at michigan there, three states the president won last time, he s got some work to do. maybe the president decided we push, we pushed, we pushed, now it s time to cut a deal. this is the first president who approached china through the lens of the reelection possibility. look, americans have a habit of wanting something from china and not getting it. george bush tried to push china on things like property theft, but north korea is more important, iran is more important. obama wanted changes in behavior from the chinese but climate change was more important. so with this president, what the chinese have sensed just like his predecessors, there were things he wanted more than fundamental change. he wants a higher dow, he wants farmers selling more soybeans, he wants to get reelected and he wants those college votes and those states that matter to him. that means that sometimes the chinese who began from a point of very little leverage now have a lot more leverage than they tho

Detailed text transcripts for TV channel - CNN - 20190225:17:23:00

policy, we talk a lot about how the president doesn t actually care to get into the details of a lot of policy issues that are complicated. we talked about this during the health care debate, that he never actually learned the issue. trade, i think, is the one issue that falls in a different category. he cared about it in the beginning, he cares about it a lot right now, and it is important to him to get trade right, and it s fundamental how he sees the united states role in the world. it s also a point to get him reelected. is this about if president trump was going to be the president who broke china, who got china to be a more responsible player in the world stage, is this more conventional? a more conventional deal you might see under any other president, get the best deal, don t disturb the markets. the president s numbers are down. especially if you look at some of the midwestern states. it doesn t mean he can t pull off another electoral victory, but he s got his work cut out

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