Transcripts For CNN The Whole Story With Anderson Cooper 202

Transcripts For CNN The Whole Story With Anderson Cooper 20240904

President Donald Trump and where he stands on tHe Economy, reproductive rights, immigration, foreign policy, and the state of democracy cnns Abby Phillip takes us through What The trump White House enacted during his four years in office and looks at what he and his allies have promised to continue or to change if elected to another Term Nafta has been a disaster for the United States, a complete and total disaster it was april 20, 173 months into Donald Trumps presidency. And he wanted to withdraw the United States from nafta. The north american free Trade Agreement he would say repeatedly in the Oval Office to E Everyone Whwho had was s s there ripping us off they take advantage of america, were suckers and losers. Its been very, very bad for our companies and for our workers he heard lots of concerns when he was out campaigning from bluecollalar supporteters thes food fight, nafta had taken jobs from America Trump wanted to announce their withdrawal on Hihis One 100th Daday in office hugE Freakout occurreded when this became known inside the White House and various advisersrs rushed over to stop this almost t all economomists think Ofof Trade to o varying degrees asas a pototential Waya Mamake B both sides s winners. S if you in Yoyour Countryry are reallyly great andnd making Cac Anand i, in my country, im Really G Great At Mamaking Aiairplanes then it wowould Mak Sense for me to make all the airplanes and you to make all the Cars Trump views, nafta as a deal in which the United States is getting ripped off by mexico and ripped off by canada What W would have e been the conseqequences if F Trump Holdl united s states out t of nafta s isnt, you know, one of the largest, if not the largest Trade Pact in the world . One of the things that i think people misread about Donaldld Trumpmp Ofteten has a loLot Of Thehe Ti these e big Statatements Likike are Nenegotiating G tactics. I e prime E Minister of cananada an The Presidident of Mexexico Fea that america will unilaterally pulled out of nafta it makes them much more willing to come to the Negotiating Table his suppororters will l say he is s lolooking for r leverage, but knknow, its a form of playing russian roulette with the worlrlds Ececonomic Sececurityt was the rereaction to that Plede Inside O of mexico i think t Th Mexicans Werere Concernened Abo that. Its been a u. N. Agreement that was iN Place for about 25, 30 Years Trade between the u. S. Canada and mexico was more than 1 1 Trillion year. And nafta had lifted tariffs between the three countries for more than two decades. A sudden withdrawal would upend global and domestic politics. And rattlE Financial Markets Trump actually had one of his top aides, rob porter, draft a Letter T to Geget Out of Nafta T hehe would Sigign Presumptively Paperwork was preparing inside the White House gary cohn, who was his Nationonal Econonomic Coununcil Directctor or Tookok Ofof Diffeferent stepsps, inclu Fafamously Hididing some papape some documents from trump that if he had signed them would have pulled the United States out of nafta right away. Well, i was going to terminate nafta as of two or three days from now . On his 98th Day in office. And after nearly two years of assailing nafta a lastminute late Night Phone Call with Mexicos President and canadas primE Minister convinced trump to stand down. Take called me and they said, rather than terminating nafta, could you please renegotiate that same week, desperate to announce a big wind during his first 100 Days Trump shifted Focus And Russia to releasese an Outline E of a Billll Thehey need a win. Andnd if Thereres Onone Thi that every republican, even under this administration can agree on. Its we need to cut taxes thE Tax cuts and jobs act passed that december giving trump his first major legislative victory. I consider this very much a bill for the middleclass. Had a bill for jobs the bill reduce the corporate Tax Rate from 35 to 21 , lowered incomE Taxes for individuals for the next eight years. And doubled the Child Tax Credit they made huge E Changeg to t thE Tax code. They hahad a real unifyfying theory, which ws if we cut taxes for corporations, we are going to unleash an investment. Boom in the United States that makes america competitive again. So we can bring back that simple, but beautiful phrase. Youve heard it befofore, made in the usa, they were sure there was going to be more Job Growth specifically in areas like manufacturing and they were sure That That was going to lead to big wage increases for americans the most important thing That ThE Tax cuts did for trump in his time in office was they gave people were money to spend right away and there was this shortterm stimulative effect to tHe Economy thats the big win for Trump Trump would score another economic win two years later. I promise to renegotiate nafta a and Today Y we have kek that promise. W what President T Trump was Concernened About was to make sure thahat the agreement was nt unfair a and was not basically penalizing american workers hE Does cut a new trade deal, but its not t a cocompletE Fundndamental overhaul. Its mostly the same thing with new branding and some new Components Branding has always been central to trumps strategy. If im given another four years, i will be the best. I think ill be the best nobodys ever created a economy like us and hes hoping itll win him a second term in the White House. When I Get to office, we are going to not chargE Taxes on tips not only is it a great slogan, but it just makes sense to be able to protect those people who make the bulk of their income comes from tips do you expecect him M Toto pursue E Tax cuts . . As policycy if he i is rereelected . That is one thing that he says that i think people should take him at his word on what does He E really w want to accomplilish policyywise, may other r than Tax Cuts . Lets talk about sweeping increases in tariffs. But i will oppose that across the Board Tariff Onon foreign mamade goods. Herere have beeeen Warningsgm Economisists that if you do tha and you pursue thesE Tax cuts, New York creating these settings for price spikes, which could then become inflationary he, his folks have insisted That That is not true. But whats true hasnt always been important to trump. As economic legacy as president is up for debate his description of how successful thE Tax cuts were they were not as good for tHe Economy as He Claiaims at t some p point, Doe Understandnd that . He e understs that he E Doesnt T Care . He lis the way what H He says Sounds Betterer Trump has always been very good salesman he was able to convince americans that he just had special powers when it economic growth that were N Not reflecteted in economimic Perfrformance Trumump is not T Bebest Americacan presidenent o lifetimeme. He had a a good economomy, but t thE Full scsco trumumps Economicic Managemene when you include the pandemic hes hes nowhere close. Bugle. Lolook at thE Tax c and say weekeks are Posisitive Outcomomes of themem. I think k criticics would sasay they w wet Goodod Policy Fofor the coununt most ameriricans got a t Tax Cu but most of f tHe E trump Tax C went to Ththe Highghest Earnini amamericans he said he did the biggest Tax Cut of all time. He didnt he was going to bring Baback Millionons of a american manufacturing jobs that haD Been sent overseas he did noT Trump campaigned on a prpromise not Justst That he w woulD B bad thE Federal budgdget, but Ththa Alalso He would pay off tHe Entire national that when she came nowhere close to doing i dont think theres any evidence to support the ididea. The Trump P Ececonomy was s The Greatest Ecoconomy in history. And its probably not the greatest economy in most americans living memory coming up Donald D Trump saidid, when was president , that he would sign a national Abortion Ban. 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Whos this f federal Cololon Johnsoson whats yourur consus know Im M tobiasas i im rerea hoping thihis is always s some Mixupup B because if f this bi does every weekday morning, here are thE Five things you need to know to start your day gift. The news you need, about this for an Earnings Call headlines in five minutes or less cnns five things with kate bolduan, streaming weekdays on cnn. Com and max the supreme Court Justice Ruth Bader Ginsburg has died at the age of 87 September 2020 we love you, minnesota. The news broke of justice ginsburgs passing Donald Trump was rallying crowds and d Northern Miminnesota

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