the chinese don t think it s a deal. his own his own treasury secretary is not saying that it s a deal. in fact, suggesting it s not yet a deal. they re just talking, right? what deal is there right now? well, it s really interesting the discrepancy between how people are describing it. the president, as you say, is calling it a deal. secretary mnuchin when we were in the oval office on friday watching and listening to the two sides discuss this said there had been a fundamental understanding on the key issues. well, there s a fundamental understanding on the key issues in may when china walked away from a deal that was nearly 90% ready. the chinese have not called it a deal, are saying that they need to have more talks. and even both sides, mnuchin and the president, said that more things had to be worked out before something could be signed. so, oa, number one, nothing i on paper and in order for it to
did this kind of thing, and yet he s doing absolutelying nothing. in fact absolutely nothing. in fact, this administration sided with russia and opposed a resolution at the united nations security council, a statement condemning turkey s actions. so congress is going to first call upon the president to do the right thing. but since we can t count on that, we will have this bipartisan legislation that will impose very stiff sanctions on turkey until they stop their aggression and withdraw their forces. chris: now, treasury secretary mnuchin on friday said that president trump had authorized him not that he had imposed, but authorized him at some point to impose tough sanctions on, against turkey. here the secretary of the treasury. these are very powerful sanctions. we hope we don t have to use them, but we can shut down the turkish economy if we need to. chris: so i guess the question is when are they going to do
the turkish economy if erdogan did this kind of thing, and yet he s doing absolutelying nothing. in fact absolutely nothing. in fact, this administration sided with russia and opposed a resolution at the united nations security council, a statement condemning turkey s actions. so congress is going to first call upon the president to do the right thing. but since we can t count on that, we will have this bipartisan legislation that will impose very stiff sanctions on turkey until they stop their aggression and withdraw their forces. chris: now, treasury secretary mnuchin on friday said that president trump had authorized him not that he had imposed, but authorized him at some point to impose tough sanctions on, against turkey. here the secretary of the treasury. these are very powerful sanctions. we hope we don t have to use them, but we can shut down the turkish economy if we need to. chris: so i guess the question is when are they going to do
if anything, they will delay the progress of tariffs, start removing the tariffs. jillian: if the ink is dry on phase 1, what is steve mnuchin looking at for phase 2? probably going deeper into the intellectual property issue, tech transfers and other requirements. they are doing it piecemeal. it is not just intellectual property and phase i. it is intellectual property throughout all phases. the question is what parts? is it a complicated matter? it seems the agricultural purchases china is agreeing to our in phase 1. phase 2 and phase 3 will get more difficult. this could be a harder negotiating in the future, i am
know, the dawn of time and they re going to keep fighting until clearly we re making a difference because the decision to make our troops aside. we re not withdrawing them. we re not bringing them home, we brought them to one side to allow turkey to do this and it s happening before our eyes and president trump is saying it s terrible and we re going to destroy turkey s economy and he go gave them the green light. gillian: lets play that clip, we ve got the president threatening sanctions excuse me, secretary mnuchin threatening sanctions. these are powerful sanctions and we hope we don t have to use them, but we can shut down the turkish economy if we need to. gillian: okay, but that s going to save lives? it s a little bit late. the president of turkey called president trump, that was the moment when the commander-in-chief needed to say, no, you cannot do this. we have troops there, and they will not move. had he said that, this would not