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Detailed text transcripts for TV channel - CNN - 20170115:15:52:00

House did a study showing how tariffs are punitive to the people in the country who can least afford to bear the cost. when you look at this populist fervor in the united states and what it s done to trade. how do you feel? when you look at the numbers you see polls show a bunch of americans say they support trade. that s a big disconnect between the perception and reality. americans show they support trade and understand how important it is that we be engaged. it s gone up over the years. it s higher now than any time since the 1970s. as i said, they have felt real pain. those concerns are real. the questions what to do about them. it s not to close our markets. it s not to withdraw from leadership. it isn t to hand the leadership over to china and live under a system of rules that china designs. it goes to issues like lifelong learning and skills development and education and training and ....

United States , Populist Fervor , China S , It Isn T , China Designs ,

Detailed text transcripts for TV channel - CNN - 20170115:18:52:00

Economic advisors visors at the white house did a study showing how tariffs are particularly regressive or punitive to the people in the country who can least afford to bear the cost. when you look at this populist fervor in the united states and what it s done to trade, i mean, how do you feel? when you look at the numbers, you still see polls show that a majority of americans say they support free trade. that s right. i think there s a big disconnect between the perception and the reality. as you said, the majority of americans, poll after poll, show that they support trade, that they understand how important it is that we be engaged internationally. actually, it s gone up over the years. it s higher now than probably at any time since the 1970s. as i said, they ve they felt real pain. those concerns are real. the question is what to do about them. it s not to close our markets. it s not to withdraw from leadership. it certainly isn t to hand the leadership over to china and li ....

United States , White House , Populist Fervor , Free Trade , China Designs ,