re-elected? yes. how is that going to play going forward? it s going to turn into whoever gets elected, their problem. maybe it s a missed opportunity for democrats. one of them could have stood on stage and said on day one, i m going to pull back tariffs and get the support of corporate america. many ceos complained about the tariffs, say they ve i am packed their business when you look at the numbers. when it s calculated that the trade war cost the economy 300,000 jobs. plus when it comes to consumers by 2020, it s supposed to cost them over $2,000 annually. there was an opportunity there. but at the same time, there s the challenge of how do you deal with the actual problems we have with trade with china. president trump, he praises himself as the ultimate deal maker and still unable to make that deal with xi jinping. do you think that hurts his re-election efforts? pete buttigieg mocked president trump on stage saying wasn t there supposed to be a deal in april. it s bee
when he was e going through the litany of issues, what was the feeling like inside the room? he talked about everything from obama, trade with china, moved on to iran, even his own re-election campaign. what was the mood in the room like? reporter: a lot of people in the room are trying to keep with president trump because he was going on so many different topics. my initial question of him was why do you want to have russia back in the g8 when me meddled in the 2016 election? don t you think that would hurt you politically. he started talking about all sorts of other topics. people were be willed erred that he was going on and on. i thought i have to be focus pltd he will talk about obama being outsphartmarted. this is a president who has had a troublesome at best relationship with the truth. there are a lot of people point out all sorts of things the
the temperature on the trade war. just yesterday, the president was saying he was having second thoughts about it. his advisers saying that only the second thoughts were based on the fact that he should be increasing the tariffs that he s threatening, and said that he will put on trade with china. so it really has, as you say, been a head swivel moment. i think one of the places where the world s leaders gathered here won t swivel is on that location. the president seems to be hinting at it for the next g7 in miami. i think there will be little surprise here in reality if the president chooses one of his own locations to host these leaders next time. it s been in his style so far. we ve seen how much far a lamar has been used. of course, this is a president breaking the mold, and the world leaders here, if they didn t get it before, they get it now.
several of these devices. hong kong police branded the laser pointers, they call them offensive weapons, saying that three officers needed medical attention after protesters pointed the leaders of them. protests there continue. experts are warning consumers might start to feel the pinch during the next phase of president trump s trade with china. gary from the peterson institute says so far the ripple effect has not been felt by consumers and prices at walmart or wherever. as we go to the next installment of tariffs, that will surely show up in the prices. joining me now, director of the center for chinese strategy, michael pillsbury. great to have you. what s the holdup because we know they re supposed to be another round of talks in september. people are getting very nervous. what is the blockade? it s good news that talks or even scheduled for september. i remain slightly optimistic that we can get a deal fairly soon. the big holdup is the chinese apparently thought 150 pages
says uncertainty caused by donald trump s trade with china and the european union is contributing to a cooling global economy. investment plannings are on the retreat right now. are shy of. capacities so we ve never seen such a slump in investment planning in our survey before. germany s exporters of had 9 successive years of growth but dependence on exports has made the country vulnerable to prolong trade conflicts d.-i its forecast for growth in german exports over the course of 2019 to just one percent against the 2 and a half percent forecast that s way below the average annual export growth of recent years. germany will have to look for new markets in less industrialized nations for