Stay updated with breaking news from Allenuate allies. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
well, listen, tariffs can be a really important tool to try to make sure the other countries know that they can t manipulate our economy. let s be honest, that s what china has been doing. dumping steel below the cost of raw material and that hurts our own industry. but when you announce tariffs without talking to our allies about it, allies that aren t dumping that product in the united states, you set off a series of consequences that are both economic and strategic. and that s what i worry about with respect to this announcement. you have a potential fissure between the u.s. and europe that comes at the worst time. that s what the russians are rooting for a breakup of the transatlantic alliance. there s a really important question about the timing of the announcement with respect to china, the primary target. we re desperately trying to get the chinese to work with us on getting tough on north korea. china is the key ultimately to getting north korea to the negotiating table in a ....
Around so that the point that daniel is making and daniel i want to go back to you on this, you re not a political strategist, but what is it that you think we can do as democrats. i ll just ask it from the perspective of my party, what is it that we can do as democrats to make sure the argument that you re making about how to strengthen our trade policies and make sure the benefits are enjoyed by working folks can actually be more resonant politically. you have to point out the management with which the trump white house rolled this out. which is to say, even if you think that protectionism is a good idea, they have somehow managed to enact this in the stupidest way possible in such a way that you ve managed to al n allenuate allies. you have to say, yes, absolutely. trade creates winners and losers. there are a lot more winners in the united states than there are losers as a result of our trade policies the last 70 years. the question is how do you ....