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Our germany start over 21st on t. W. Germanys super rich no other european country has as many billionaires and while their fortunes are growing more and more germans are living under the poverty line set by the organization for Economic Cooperation and development the o. E. C. D. The press frequently reports on the countrys high income inequality and low social mobility but little is known about the super rich the truth see that sure money attracts success and success attracts money but i do believe that ive experienced myself how you can suddenly connect with people previously out of reach for a kind of. Germanys super wealthy how do they live and how do they see the country they live in. As the guy with tyson who got away. Wealthy people in germany are talked about bothers me because it sensationalizing and sycophantic and in no way reflects what wealthy people have done and continue to do for this country for this long. ....
Cspans q a. This week on newsmakers, neil bradley, the chief policy officer and executive Vice President of the u. S. Chamber of commerce. Thank you very much for being here. Neil thanks for having me. Greta we still we also have with us Jeanna Smialek with the New York Times and chris with rugaber with associated press. Chris. Chris lets talk about trade. 40 of the fortune 500 has complained on earning calls and so forth about the impact of President Trumps tariffs on chinese imports and other items. How big an impact, how much is this hurting companies . I am interested how you may compare it to the benefits of the tax cut in 2017, which reduced rates on business. Have these tariffs got into a point where there almost offsetting the benefits of the tax cut . Neil ....
Point where there almost offsetting the benefits of the tax cut . Neil they are certainly dampening the benefit of the tax cut. There are two aspects of the tariffs on business that are impacting business. The first is the tariffs already in place and are at cost. The second is uncertainty of additional tariffs. That is playing out over the next several months with respect to china and even automobiles, with respect to tariffs on automobiles. And if you are running a company by the way, not just Large Companies if you run a company, you have difficult y planning, because you dont know the cost of goods you are buying to either sell to consumers in the United States or the cost of something you are making in the United States. That is a real problem. The other side of that is not just tariffs on our imports, it is tariffs ....
Impact of president trumps tariffs on imports and other chinese items. How big and impact is this hurting companies and compare it to the benefits of the tax cut in 2017, which reduced rates on business. Are these tariffs offsetting the benefits of the tax cut . Neil there are two impacts, the first is the tariffs in place and already at cost, the second is uncertainty of additional tariffs. That is playing out over the next several months with respect to china and even automobiles, with the respect tariffs on automobiles. And if you are running a company, by the way, not just Large Companies, if you run a company you have difficult planning because you dont know the cost of goods to sell to consumers in the United States or the cost of something you are making in the United States. And it is not just there tariffs on our ....