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katie: is the long-term deal to move away from china. long-term goal hold china in check, make it behave better and open up more trade around the world with china, with europe, with japan, with everybody. more trade is a long-term goal of this president. steve: all right. speaking of trade because of the trade troubles and the stock market over the last week, the new york times had this headline, it said trade turmoil gives democrats an opening to hit president trump on the economy. and this past week the candidates did something they haven t really done talked about the economy because for the most part it s been really good when you look at unemployment, the stock market, and things like that. the trade troubles have roiled the market, and now they are talking about the president. yes, i have not heard any senior democrat i m not talking about the presidential candidates. i have not seen senator chuck schumer or speaker pelosi trade war by tweet is
crazy. and that we ve been handcuffed. if we do that, if we do that, now not only will the united states grow faster, china will grow faster. mnuchin and kudlow there. to get china to the bargaining table the president approved hundreds of billions in tariffs on chinese good and promising to move ahead with another $267 billion if a new deal can t be reached and important to point out that parts of the u.s. economy have suffered. you mentioned china s economy has been sliding. parts of the u.s. ag sector has suffered because of the ongoing trade dispute. more trade talks today. the idea is to get the two sides to come to an agreement to end this trade war, not escalate it. we expect pictures from the eeob. meeting not far from here. i promise to pass the pictures along when we get them. sandra: a couple days of big meetings. thank you. bill: another big story today.
this is something we ve talked a lot about whether it be turkey, brazil or even here in the u.s. yes. this is as you know one of the topics i focused most keenly on. i guess the issue is here, look, here at davos, the global elite here and business leaders and ngos, they tend to be globalist and tend to believe in open trade or more trade. unless the trump administration is here, which they re not, this tends to be very free trade group of people. but for decades, journalists, academics, economists, business leaders, country leaders, have been selling this idea of free trade being great. it s great for corporate profitability and great for gdp growth and workers. they were right on two fronts, not the worker front. i spoke to christian freeland as part of the panel. here s what she said about it i think the starting point has to be exactly where i began, that is to acknowledge gloibl
a lot of economic factors that they effect and remember as consumers, open trade, more trade benefits us and we have much more choice in what we can buy, but at the same time as producers or workers, of course, terms of trade that don t work for us and hurt only of our industries can be harmful, so it s kind of like pushing on the balloon, one things that help you in one place hurts you in the other place, it s very aggressive approach that s not helping us meet our overall goals. one of the things that we want to achieve is more certainty in the economy and business sector, that s one thing that we do not have, we don t know what s going to happen day-to-day, we can t expect industries to be able to invest more if they don t know how the terms of trade are going to change from one week to the next. blake: the other big issue, maya, is europe, the president on car imports and car parts wants to potentially erase the tariff all the way up to 20%, could be zero, could be 20,
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