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Detailed text transcripts for TV channel - MSNBC - 20170127:01:35:00

Would fall on american consumers who would by necessity pay higher prices on the imported goods. things like food, clothes, consumer electronics and things like that. because lower income americans spend a larger chunk on consumer goods than reach people it would mean poor and middle-class americans get hit the hardest. the trump campaign later walked back the statement trying to suggest the 20% tax was not a policy proposal per se, simply an example of one option of how to pay for the wall. then nbc s peter alexander asked the president himself about the tax and he replied, and i m going to quote here. we re going to tax people coming in. look, we cannot lose our companies to mexico or any other place and then have them make the product and send it across our borders free. we re going to put a substantial tax on those countries. democrats and republicans alike have started criticizing the proposal on the merits. republican senator lindsey graham succinctly put it on twitter saying ....

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Detailed text transcripts for TV channel - MSNBC - 20170127:08:34:00

About how trump planned to pay for his notorious border wall, the one he has repeatedly claimed mexico will pay for and this is what the press secretary said in response to that. if you tax that 50% $50 billion at 20% of import which is is, by the way, a practice that 160 other countries do right now, our country s policy is to tax exports and let imports flow freely in, which is ridiculous. by doing it that way we can do $10 billion a year and easily pay for the wall. if you tax impors 20% you can easily pay for the wall. i guess that s true but it wouldn t be mexico, that tax would fall on american consumers who would by necessity pay higher prices on the imported goods. things like food, clothes, consumer electronics and things like that. because lower income americans spend a larger chunk on consumer goods than reach people it would mean poor and middle-class americans get hit the hardest. the trump campaign later walked back the statement trying to suggest the 20% tax was no ....

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Detailed text transcripts for TV channel - MSNBC - 20170127:08:59:00

The moist territory that would be covered at the border with mexico. and he s a republican congressman. and so we re starting to see big cracks in that republican coalition as a lot of the republican leaders increasingly want to distance themselves from what the trump administration is doing. and they re hearing from their constituents. we ll file briefs when we can and fight on the floor wherever we can. congressman jamie raskin, anna gallon of move on, thank you for joining us. that s all in for this evening, the rachel maddow show starts right now. good evening, thanks, my friend. thanks for staying home the next hour. this is one of those a-blocks that isn t going to sound like anything else in the news and it will sound like it comes out of nowhere but every once a n a while we do that in the show because i think there s something going on in the news that even though people aren t following i think might be important. so bear with me, this is going to seem like it s ....

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Detailed text transcripts for TV channel - MSNBC - 20170127:01:36:00

Is a big time bad idea, mucho sad. joining me now a reporter with the texas tribune. patrick, one of the things i find fascinating is the way all of this so much is about the border and the way the border plays nationally is so different than how it plays along the border so a 20% import tax on max can products, how would that be for texas and particularly those areas along the border? it really remains to be seen. there was a lot of confusion as you pointed out whether this is a real proposal or something trump is pushing for. i personally didn t hear much support for it from texas republicans. our lieutenant governor dan patrick had some remarks. he was a major trump supporter. he said he doesn t view it as something that will happen but maybe a negotiating tactic donald trump is using as he tries to take a stuff stance toward mexico. but as you pointed out, a lot of uncertainty about whether this is a serious policy proposal or ....

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Detailed text transcripts for TV channel - MSNBC - 20170127:01:38:00

Which is an area that will heur represents. but a lot of republicans since the election have kept their statements on this generally supportive and vague or silent when you get pressed on the details. what would an increasing trade war and diplomatic standoff with mexico, say a set of tariffs exchanged in a kind of tit for tat fashion or negative economic like a recession or economic shock to mexico. what would that do for the state of texas? well, i think it would obviously hurt the economy in some ways but when you talk about politics it would further deepen the schism that we re seeing between parts of the republican party in texas and the business community. the business community in texas, at least secertain corners of i have been alarmed by donald trump s proposals when it comes to trade. the texas association to business put out a statement making clear they believe this ....

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