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Detailed text transcripts for TV channel - CNN - 20190531:14:56:00

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thank you for joining us this morning. >> good morning. >> so first off, just for absolute clarity here, the president claims repeatedly that foreign countries pay these tariffs, that somehow gets into american coffers. you're a businessperson. who pays the tariffs? and what impact has it had on you and your business? >> well, for us, we buy a lot of electronic components, and quite a few of them come out of china. we have seen price increases on those as well as tariff charges we basically pay today. initially, we haven't been able to pass those on to customers, but over time, they will pass to our customers and consumers. >> mr. president, if you're listening. he's a company, he pays them and passes them on to consumers. that's how tariffs work. >> what's interesting, i think, andy, on this tlez to impose these tariffs on all goods from mexico the president made last night, he's tweeting this morning, well, you know, people

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