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Transcripts For FOXNEWSW Shepard Smith Reporting 20180302 20:00:00

Well sort them out. Also, were tracking issues inside the Trump White House from the departure of key aides to the reports of friction within the family. The Justice Departments Second In Command Playing Defense for his boss after criticism from the president. Not much happening. Lets get to it. Trade wars are good. So says the republican president of the United States. First from the fox news deck this afternoon, President Trump says the United States will win big in a trade war. But his plan for new taxes on steel and aluminum imports had stocks taking a dive the second day. President trump tweeted when the u. S. A. Is losing billions on trade with virtually every country it does business with, trade wars are good and easy to win. Example, when were down 100 billion with a certain country the president s allies are castigating the idea of tariffs. Listen to what marcy captor said. We dont want to wait for the Steel Industry collapse as happened to the auto industry. We cant afford to

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Detailed text transcripts for TV channel - FOXNEWS - 20180302:20:12:00

operations in the auto industry. the administration s decision to impose substantial steel and aluminum tariffs will adversely impact automakers, the supplier community and consumers as this would substantially raise costs. they re not the only ones complaining. electrolux. they make vacuum cleaners. they were going to build a plant in tennessee. they re not going to do that anymore. oil pipeline makers, home builders, all of these folks complaining about the possibility of higher prices in their businesses. just to give you one interesting fact to take away. talk about will this help workers. there s 140,000 people, just 140,000 people that work in the steel industry. how many people work in industries that you feel as an input and could be impacted by higher prices? 6.5 million. is this going to be a help for

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