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Detailed text transcripts for TV channel - MSNBC - 20190805:17:19:00

in the midst of all this stuff with the president talking about el paso and dayton, he s also tweeted about china. he once again tweeted the lie that americans are not paying for these tariffs. china is retaliating after the president increased tariffs on china last week. that s why you re seeing the reaction. china is suffering an economic burden, that s for surement we need to remind our audience, president trump is up for re-election, xi jinping is not. he ll be holding that position for the rest of his life. even if they are suffering, they can hold tight. the president, of course, is trying to get interest rates to come down. it s a battle he is trying to win with his own federal reserve chair. he got an tryst rate cut last week of 25 basis points. let s see he gets a bigger one. what happens if the market still drops. did you know civilians own more than 393 million guns in this country? that s more guns than people. what does congress need to do about gun safety reform.

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