> i think it is where this is headed. look, for the most part the imports and exports aren'"> > i think it is where this is headed. look, for the most part the imports and exports aren'" property="og:description"> > i think it is where this is headed. look, for the most part the imports and exports aren'">
the word "recession." is that -- is that where this is headed? >> i think it is where this is headed. look, for the most part the imports and exports aren't that big a share of the u.s. economy, so at first glance you say how could it lead to recession if trade isn't that big of a share and china isn't that big of a share of our trade? but the answers are, number one, it keeps escalating. number two, these are the two biggest economies in the world now throwing haymakers at each other. and number three, we're applying tariffs -- all tariffs are terrible, but the worst tariffs of all are tariffs on things that are supplies to your own manufactured products. and now we're ramping up the tariffs on steel, on aluminum, on the stuff u.s. manufacturers need to produce their own products. so we're just doubly shooting ourselves in the foot. i really don't understand why he keeps pressing.