work with some of the best media experts in the business. get started at comcastspotlight.com. mr. elliot, what s your wiwifi?ssword? wifi s ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it s super fast and you can control every device in the house. [ child offscreen ] hey! let s basement. and thanks to these xfi pods, the signal reaches down here, too. so sophie, i have an xfi password, and it s daditude . simple. easy. awesome. xfinity. the future of awesome. president trump is defending his decision to call on u.s. officials to overturn penalties against the chinese telecom giant in what initially sounded like a presidential push to help save jobs in china. the president tweeted yesterday,
having week-long stays in the hospital. what do you make of that? that s the confusing part. they talk about the empolization which is again a procedure people recover quickly from. a benign kidney condition but then a week this the hospital. that s an excessive amount of time. unlike others, she is the first lady of the united states. they want to keep a close eye on her. that might be part of what s going on. thank you. the senate s top democrat is criticizing president trump for vowing to help save jobs at a china telecommunications giant less than a monday after his administration banned u.s. companies from doing business with it. all of a sudden, last night, out of the clear blue, the president said that he was going to try and solve this problem to help china restore jobs. american jobs first, mr. president. i think your tough policies on china are correct but it has to be walking the walk not just
will be ordering my federal government, the u.s. government to help save jobs in china. he wants to save jobs in china. that s not why we elected him to save jobs in china. listen, i applaud his concern, but it does seem that somebody mixed up two of his standard tweets and mashed them up and put china for america. it s important to remember why we kind of move to remove that company from doing business in the u.s. because of national security concerns and where tho components are creating a risk. i m confused. now, elise, last time i went to mississippi, nobody down there was saying, joe, you know what i think the biggest problem is,
immigrants. a position, steve, you have always held. and which donald trump is against also. we will cut back on immigration and impose tariffs. both are bad for the country. i want them to come, but i want them to come legally. back to tariffs. you re saying, stephen, tariffs are not going to help reemploy any of the steel workers? look, at the margin in the short-term, they will. as bill just said, the price of imported steel has gone up 20%. that obviously is going to make american steel and the margin, you know, that probably in the short-term will save jobs. i agree with bill, you re right, bill. even in the medium term, tariffs is not the way to protect this industry. it s become more productive and to become more capital intensive. that is what s happening in your factory. i ll bullish. i don t think they need
western kentucky, eastern ohio. they re in the business of making things out of steel and aluminum so this increases the price for their inputs. they have to try to pass that price on to their ultimate consumers. that will discourage demand. you saw electrolux, the appliance manufacturer announce that they were holding off on an investment in a plant in tennessee because they thought that these tariffs, the redwierr requirement for them to pay more for the metals, what we saw you had a similar policy with the bush administration in 2002 where they imposed steel tariffs. that did save some jobs in steel making but it was way more than offset by the overall cost to the economy. pain that was caused in all the sectors other than steel manufacturing. so on net this won t save jobs and it won t even save jobs in manufacturing. if you look at a place like michigan where they make cars, you put a ton of steel in every car you make. that adds to the cost for