Detailed text transcripts for TV channel - CNN - 20180308:20

Detailed text transcripts for TV channel - CNN - 20180308:20:27:00

u.s. companies can't afford to invest in themselves and keep up with their capacity. the chinese know this. if we're getting our steel from friends in korea, that would be great except for the fact that you can't defend those logistical supply lines across the specific with the navy that the chinese is building up to make sure that we can't. we have to have a domestic capacity. the only way to deal with that is to protect our domestic production from this glut that has driven down dploebl prices. it doesn't matter whether we get steel from china or oil from saudi arabia. when they're gluting the market they can put your companies out of business. the chinese communist party has been planning all along. >> austin? >> look, we're talking about getting steel from canada. there's a highway from canada to the united states. two-thirds of the steel we use in the united states already comes from the united states. and we can't get past the fact

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