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so that is 54 percent on china. the highest number from the so called liberation tears. and in addition to that, the trump administration also announced that it's scrapping the so called the minimum is rules. now this was a previous loophole which allows chinese goods going into the us. that was, uh, that was cheaper than the value of $800.00 to go into the us jersey free. and massively benefit is a lot of chinese economists companies that just she and, and team you know, that going away. it's also going to add extra tasks on some chinese manufacturers or some analysts say that some companies could be hit in real terms with about 70 percent at new terrace. so be doing is if you're a did buy visits, urgent washington to come back to the negotiation table. and if not, it lets its own counts and measures. and we've also had some scathing responses from tiny state media. they say that the us is on a tires brand page, and ultimately this'll be self defeating to trumps. announcements will also say 20 percent levies applied to all goods from the european union. french president
so that is 54 percent on china. the highest number from the so called liberation tears. and in addition to that, the trump administration also announced that it's scrapping the so called the minimum is rules. now this was a previous loophole which allows chinese goods going into the us. that was, uh, that was cheaper than the value of $800.00 to go into the us jersey free. and massively benefit is a lot of chinese economists companies that just she and, and team you know, that going away. it's...
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it extends across the borders between the us, canada, and mexico. levies on china or being increased by an additional $34.00 points to 54 percent. japan and south korea will be tariff at 24 and 26 percent respectively. india is one of the us is top trading partners and faces the 26 percent tariff. let's talk about that. so anti gosh, is an economist and professor of economics at the university of massachusetts m hurst, you are joining us from new daily. thanks for your time. you've told our team that in your view, there is no logic to these parents. why a? well, you know, they claim that these are the real good that they're responding to the data is imposed by that country. but in fact, if you look into the only way you could make any economic sense of it, the formula, the newest, is the by the defense of the country divided by and boards multiplied by half. and so that's completely random and arbitrary. it's just not to do with the data, the backcountry impulses at all. and it makes a lot going on makes sense. so yes, india is going to face 26 percent more last 10 percent. that was
it extends across the borders between the us, canada, and mexico. levies on china or being increased by an additional $34.00 points to 54 percent. japan and south korea will be tariff at 24 and 26 percent respectively. india is one of the us is top trading partners and faces the 26 percent tariff. let's talk about that. so anti gosh, is an economist and professor of economics at the university of massachusetts m hurst, you are joining us from new daily. thanks for your time. you've told our...
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rohit: the big-ticket item is on china. right now you have a lot of the largest tech giants saying, you need to listen to us and favor us to compete with china. i think if anyone gets distracted by that argument, we are in trouble. steve: here's the horrible thing of that argument. their failure in being given the foustian pack of allowing them to become oligarchs, they failed in social media, they failed in a.i., they want a bailout and they also put the gun to your head and say hey you can't regulate us now because you need national champions because there's a fleet around taiwan. we can't agree to bailouts, we can't agree to turning over national labs to them for a.i. and we can't genuflect about the issue with the chinese communist party. >> rohit, democrats have been extendant by -- despondent about the results of the election. it's been a rough ride. a number of folks see glimmers of hope on the antitrust front with the nomination of gale slater. steve's talked about the idea of a populace cross party alliance, how re
rohit: the big-ticket item is on china. right now you have a lot of the largest tech giants saying, you need to listen to us and favor us to compete with china. i think if anyone gets distracted by that argument, we are in trouble. steve: here's the horrible thing of that argument. their failure in being given the foustian pack of allowing them to become oligarchs, they failed in social media, they failed in a.i., they want a bailout and they also put the gun to your head and say hey you can't...
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get hit by 46 percent. 34 for china. that is a big one. countries such as japan on taiwan, of course, considered allies of the us on the list as is the e u, a full 20 percent head for them. earlier i discuss developments with our to come to peter on financial commented or chris, and he says, any re, industrialization of the us that's going to take a long time. if at all, on par, us or unlikely to solve the main problems of a skills. that's the, you know, the, the reason in my view the us as always, always have sort of like say a one side relationship because the way that the eggs that they dominance, we give you this stuff cheaper for you. in some cases in which you are loyal to us, once you dismantle that, i mean that the games opened, right? because if that, say the european union, the, so the economies in your opinion on a struggling at the moment based mostly on us policies of. but jo biden's, inflation reduction as well. they would told they have to stop moving their business is on the show to the us when you hit th
get hit by 46 percent. 34 for china. that is a big one. countries such as japan on taiwan, of course, considered allies of the us on the list as is the e u, a full 20 percent head for them. earlier i discuss developments with our to come to peter on financial commented or chris, and he says, any re, industrialization of the us that's going to take a long time. if at all, on par, us or unlikely to solve the main problems of a skills. that's the, you know, the, the reason in my view the us as...
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Apr 3, 2025
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presidents us presidents have also said about china, which is that china, the china has unfair trade practices. and number one on that list i think is stealing intellectual prophecy. donald trump said it as press conference announcing the parents and his breed. assessors all said the same thing that trying to steals intellectual property, that it's unfair. and that that amounts to a non tariff trade barrier and trump logic. that's why that's part of the reason why he's putting paris on china. how fair is that criticism of china? and i do not believe that argument when from says he wants china to be to play fair in this market. actually demand, he wants to pay more to treat the united states market as a real estate. there's china wants to come in, it has to pay. and so far, sir, the china is not paying enough rent on. and we always wonder what type, what it, what kind of stuff trying to kinda offer on the table to make a deal with the trunk. and at this point, it doesn't seem like china have many options. but one thing we think is likely is in terms of currency, because just by re eva
presidents us presidents have also said about china, which is that china, the china has unfair trade practices. and number one on that list i think is stealing intellectual prophecy. donald trump said it as press conference announcing the parents and his breed. assessors all said the same thing that trying to steals intellectual property, that it's unfair. and that that amounts to a non tariff trade barrier and trump logic. that's why that's part of the reason why he's putting paris on china....
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por ejemplo, los que mÁs pagarÁn son china, india, japÓn, la uniÓn europea e irÁn.ciÓn de venezuela, que tiene un 15% y nicaragua con un 18%. en esta ocasiÓn, tanto mÉxico como canadÁ quedaron exentos de estos impuestos adicionales porque ya estÁn enfrentando algunos que aquÍ le hemos mencionado. rogelio mora-tagle tiene los detalles y las reacciones tambiÉn. >> es el dÍa de la liberaciÓn o de la independencia econÓmica para los estados unidos, segÚn el presidente donald trump, quien revelÓ un plan de tarifas para decenas de naciones alrededor del mundo. >> on countries throughout the world reciprocal that means they do it to us and we do it to them. >> el mandatario presentÓ una lista con los paÍses que pagarÁn esas tarifas calculadas en las que esos paÍses le cobran a estados unidos y otras maneras de hacer trampa, asegurÓ. en el primer lugar de la lista estÁ china, que pagarÁ un 34%. india pagarÁ el 26%. japÓn el 24 y la uniÓn europea el 20. la casa blanca informÓ que las tarifas existentes para mÉxico y canadÁ no se modifican con la nueva orden ejecutiva de trum
por ejemplo, los que mÁs pagarÁn son china, india, japÓn, la uniÓn europea e irÁn.ciÓn de venezuela, que tiene un 15% y nicaragua con un 18%. en esta ocasiÓn, tanto mÉxico como canadÁ quedaron exentos de estos impuestos adicionales porque ya estÁn enfrentando algunos que aquÍ le hemos mencionado. rogelio mora-tagle tiene los detalles y las reacciones tambiÉn. >> es el dÍa de la liberaciÓn o de la independencia econÓmica para los estados unidos, segÚn el presidente donald...
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the resources that are concentrated in the hands of a handful of large companies based in the us and china largely. and that ours of the product of this surveillance advertising business model that was shaped in the ninety's that grew through the 20 ten's. and then, you know, in 2012 there was a recognition that we can do more than so advertisers access to demographic profiles for personalized advertising on your g mail on your facebook, wherever you encounter it. we can use this same resources to train i models to infiltrate new markets, to make claims about intelligence and computational sophistication that can give us more power over your lives and institutions. so i think we really need to have a political economic view to look at the business models who wins and who loses. and then look at who's telling us this is a put middle moment. right? so that's interesting because the way that our current moment is also being framed is around this rupture. this is sort of the moment that leads to the generation of technology, and they are that we called generate of a i. and i think that what yo
the resources that are concentrated in the hands of a handful of large companies based in the us and china largely. and that ours of the product of this surveillance advertising business model that was shaped in the ninety's that grew through the 20 ten's. and then, you know, in 2012 there was a recognition that we can do more than so advertisers access to demographic profiles for personalized advertising on your g mail on your facebook, wherever you encounter it. we can use this same resources...
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china has this 34% tariff. there were already 20% tariffs in place on china. so is that 34% on top of that meaning it's a 54% reciprocal tariff on china. >> i believe it is. >> okay. and so when you when you look at that on the reciprocal tariffs as these are going to in effect, i imagine some of these countries are going to call and try to negotiate this. is that an option for these countries over the next few days, or what is the white house's mindset on that. >> well, i think the mindset is let's just see where we are and then we'll see how president trump feels about all this. >> okay, so it's essentially up to president trump, if he's in the the mood to negotiate with some of these countries. >> well, i mean, it's not the mood, it's the how. how are we seeing things? i think the real thing is going to be and that he's going to gauge the tariff level by it won't be necessarily the calls from the leaders. it's going to be the calls from industry saying, okay, how can we get these off? and he's going to say, you can get it off, bring your factory to the u.s.
china has this 34% tariff. there were already 20% tariffs in place on china. so is that 34% on top of that meaning it's a 54% reciprocal tariff on china. >> i believe it is. >> okay. and so when you when you look at that on the reciprocal tariffs as these are going to in effect, i imagine some of these countries are going to call and try to negotiate this. is that an option for these countries over the next few days, or what is the white house's mindset on that. >> well, i...
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why are we making china and all these other countries rich? we can make all of these products here in america. and don't you want a president that's advocating for and defending american workers, american businesses, american products around the globe? all these countries want access to the, what, 360 million americans. they want access to our markets so they can make more money. and by the way, spare me all the hand-wringing, but what about canada and the european union? they're our friends. we spend $1 trillion a year, your money to protect them from worldwide threats. we eclipse all of their nato spending combined. we spend billions in research and development on state of the art weapons that they end up using. we. we provide that to them. when ukraine was attacked, we provided the majority of the funding and the weapons to fight back against russia. hundreds of billions of your dollars. when a suspected spy balloon was over canada, it was american planes that shot it down. why? because canada's aging planes, they couldn't get altitude high
why are we making china and all these other countries rich? we can make all of these products here in america. and don't you want a president that's advocating for and defending american workers, american businesses, american products around the globe? all these countries want access to the, what, 360 million americans. they want access to our markets so they can make more money. and by the way, spare me all the hand-wringing, but what about canada and the european union? they're our friends....
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"chickety china the chinese chicken" -- i don't even like that song! [bleep] you, brain!t more mysteries than that of american president and ketchup-fueled sex machine: donald trump. as fate would have it, the thoughts that dwell inside that brain now affect everyone on earth. so why not try to understand how it works? come with me on a magical scientific voyage in our new segment. ♪ ♪ >> donald trump's very, very large ah-brain. [cheers and applause] >> michael: excellent. a lot of thoughts have been occupying trump's mind lately. invading greenland, boobs, taking over the panama canal, boobs, selling teslers, and of course, putting tariffs on boobs. it's a beautiful, horny mental tapestry. but recently, one mysterious word has been stuck in trump's ah-brain. >> i won on the border and i won on groceries. very simple words, groceries. like almost, you know, who uses the word? i started using the word. the groceries. >> michael: yes, groceries. who uses that word? except everybody all the time. donald trump found the word fascinating. and this was not just a fleeting thou
"chickety china the chinese chicken" -- i don't even like that song! [bleep] you, brain!t more mysteries than that of american president and ketchup-fueled sex machine: donald trump. as fate would have it, the thoughts that dwell inside that brain now affect everyone on earth. so why not try to understand how it works? come with me on a magical scientific voyage in our new segment. ♪ ♪ >> donald trump's very, very large ah-brain. [cheers and applause] >> michael:...
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el mismo auto en china cuesta 90.000 $. y en la india cuesta 140.000 $. el mismo cadillac . cómo?ues porque prácticamente es mucho. pues es mucho. impuestos lo que nos está poniendo el presidente y sabemos que si todo el precio, el precio, los precios van a subir y este y si no se si nos nos puede afectar un poco, pero pues esperemos que echarle ganas. >> de hecho este aumento no solamente afectará a quienes desean adquirir autos nuevos, sino también a aquellos interesados en el mercado de autos usados. >> eso va a hacer que se eleve el precio en el carrozado por lo mismo de los aranceles, porque ya la gente va que no va a querer gastar 3578 mil, 9.000 $. >> y es que haciendo un cálculo rápidamente, si el precio de un carro económico es de 20.000 $ y se le agrega el 25%, este aumentaría unos 5.000 $ más. esto quiere decir que los compradores ahora deberán pagar más por el mismo auto en el momento de conocer los titulares más importantes. el noticiero nacional elian zidan nos da todos los detalles . >> así es . familias regresan aquí . >> altadena en california . después de tres me
el mismo auto en china cuesta 90.000 $. y en la india cuesta 140.000 $. el mismo cadillac . cómo?ues porque prácticamente es mucho. pues es mucho. impuestos lo que nos está poniendo el presidente y sabemos que si todo el precio, el precio, los precios van a subir y este y si no se si nos nos puede afectar un poco, pero pues esperemos que echarle ganas. >> de hecho este aumento no solamente afectará a quienes desean adquirir autos nuevos, sino también a aquellos interesados en el...
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now if we look at how other countries in asia, like china, for example, have responded when the us as imposed vsoft of terrace on that goes well, china has been in a position where it can respond with its own retaliate drink terrace for an economy like south korea that is so export oriented, a position like that would be difficult to take. so south korea is indeed looking at options for negotiation. and in the meantime, supporting the businesses that will be blessed hit by this latest round of tires with some of the businesses that are going to be the west has a ultimate bill of businesses, tariffs that have already come into effect has significance of these for the south creating economy will it's usually significant ocean view exports to account for the last just components of south korea's export and almost 50 percent of those uh to the us. so really the us is targeting the power houses, the engines of south korea's economy, that's the ultimate bill sector and also steel and l. u medium as well. so there's also a question of what happens to the long standing free trade agreement at
now if we look at how other countries in asia, like china, for example, have responded when the us as imposed vsoft of terrace on that goes well, china has been in a position where it can respond with its own retaliate drink terrace for an economy like south korea that is so export oriented, a position like that would be difficult to take. so south korea is indeed looking at options for negotiation. and in the meantime, supporting the businesses that will be blessed hit by this latest round of...
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. >> china 67%. that's tariffs charged to the usa.we're going to be charging a discounted reciprocal tariff of 34%. >> the u.s. will also now charge half the tax on foreign goods that dozens of countries charge on american products to level the playing field, he says. >> this is not full reciprocal. this is kind reciprocal. if they complain, if you want your tariff rate to be zero, then you build your product right here in america. >> the president saying he's fulfilling a key campaign promise. >> jobs and factories will come roaring back into our country. and you see it happening already. we will pry open foreign markets and break down foreign trade barriers. and ultimately, more production at home will mean stronger competition and lower prices for consumers. >> the white house, touting hundreds of billions of dollars in new investment in the u.s. from companies looking to avoid tariffs, including hyundai announcing a $5 billion steel plant in louisiana, and apple saying it will create 20,000 jobs expanding u.s. facilities, all afte
. >> china 67%. that's tariffs charged to the usa.we're going to be charging a discounted reciprocal tariff of 34%. >> the u.s. will also now charge half the tax on foreign goods that dozens of countries charge on american products to level the playing field, he says. >> this is not full reciprocal. this is kind reciprocal. if they complain, if you want your tariff rate to be zero, then you build your product right here in america. >> the president saying he's fulfilling...
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china tendrá una aumento del 34%.damente un 70% de mercancía, como tanto como flores, vestidos, accesorios vienen de méxico. vienen de la china. hay bastante incertidumbre entre los pequeños negocios. no saben si los proveedores seguirán enviando grandes cantidades de mercadería al país o si los consumidores aceptarán el alza de los precios. en esta tienda casi todo viene de méxico o latinoamérica. y lo mismo sucede con este negocio de muebles. pero toda la mercancía china, vietnam, malasia. nada está hecho aquí en estados unidos. los productos de méxico y canadá están bajo el acuerdo de libre comercio. aún así, se espera un arancel del 25% a ciertos productos y cuando veremos los precios más altos no se sabe con certeza. eso sí, será pronto. dinora pérez noticiero telemundo 48 y las reacciones siguen llegando, pues precisamente hoy el euro subió a 1.9 $. se produce después de que se reportara que la unión europea puede implementar medidas para suavizar el impacto de los aranceles del presidente donald trump. algunos
china tendrá una aumento del 34%.damente un 70% de mercancía, como tanto como flores, vestidos, accesorios vienen de méxico. vienen de la china. hay bastante incertidumbre entre los pequeños negocios. no saben si los proveedores seguirán enviando grandes cantidades de mercadería al país o si los consumidores aceptarán el alza de los precios. en esta tienda casi todo viene de méxico o latinoamérica. y lo mismo sucede con este negocio de muebles. pero toda la mercancía china, vietnam,...
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, is behind this, bringing back jobs to the american economy, less reliance on critical goods from china, for example, prescription drugs have been floated? is it possible that the message is a good message? but perhaps the execution is where he's running into some trouble? >live>i think that's a great way of thinking about it. right. so what is being promised will happen is great, but what will actually happen is a trade war. only 10% of our economy is driven by manufacturing. and so when he talks about reviving the manufacturing sector, which could take up to a decade for a lot of, you know, replacing these goods, we're not talking about the 90% of the economy here. and a lot of those jobs, supply chain, service sector, a lot of those jobs will be negatively affected, too, because things are simply going to cost more. >sara>all right. and finally, the governor's race in california is shaping up for 2026. xavier becerra says he's planning to run. there are others in the race. the republican riverside county sheriff, who's been very outspoken critic of covid policy, supporter of the pres
, is behind this, bringing back jobs to the american economy, less reliance on critical goods from china, for example, prescription drugs have been floated? is it possible that the message is a good message? but perhaps the execution is where he's running into some trouble? >live>i think that's a great way of thinking about it. right. so what is being promised will happen is great, but what will actually happen is a trade war. only 10% of our economy is driven by manufacturing. and so...
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there's china, there's india. that is either a plethora of other countries that it's anyway, i'm saying that we're not gonna play this way any more if you want to play that way . we'll do the same thing cuz you mentioned about that the time that it would take for these factories to, to start pumping off across america again. you and the russ spike and other places . but president trump talked about foreign companies investing and has dealt with expedia things. let's, let's hear his view point on the we've seen companies coming in like we've never seen before. likewise, to all of the foreign presidents, prime ministers, kings, queens, and basses, and everyone else who will soon be calling to ask for exemptions from these towers . i say, terminate your own task, drop your barriers, don't manipulate year currencies. they manipulate the occurrences like nobody can even believe which is a bad bad thing and very devastating to us, and start buying tens of billions of dollars of american good stairs, give our country pro
there's china, there's india. that is either a plethora of other countries that it's anyway, i'm saying that we're not gonna play this way any more if you want to play that way . we'll do the same thing cuz you mentioned about that the time that it would take for these factories to, to start pumping off across america again. you and the russ spike and other places . but president trump talked about foreign companies investing and has dealt with expedia things. let's, let's hear his view point...
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everybody gets it from china, you know what i mean? it's just like there's just some small, small businesses more, you know what i mean? because we're on tighter profit margins. we don't have gigantic budgets to spend on advertising and to absorb costs from terrorists. >> president trump's tariffs target imports from dozens of nations, adding a 10% tax across the board. >> there's already an extremely high cost of living in the bay area, and i feed a family of four. and so seeing those those increases is definitely going to hit home. and as a business owner, you know, i have to think about how that's going to affect my bottom lines. >> as needed. bakery at the san leandro farmers market said it uses maple sirup from canada and produce from mexico. >> just kind of starting to bounce back after covid. as a business owner. so no, this is poor timing. >> meanwhile, the laroque family is also preparing for price hikes. >> i'm concerned about food. we're a single car family, but we've been thinking about getting a second car in the future, a
everybody gets it from china, you know what i mean? it's just like there's just some small, small businesses more, you know what i mean? because we're on tighter profit margins. we don't have gigantic budgets to spend on advertising and to absorb costs from terrorists. >> president trump's tariffs target imports from dozens of nations, adding a 10% tax across the board. >> there's already an extremely high cost of living in the bay area, and i feed a family of four. and so seeing...
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a 34% tariff on all imports from china, a 25% tariff on products from south korea, and a 20% tariff on goods from the european union. >> you know, you think of european union, very friendly. they rip us off. it's so sad to see. it's so pathetic. 39%. we're going to charge them 20%. so we're charging them essentially half. >> some of the costs expected to be absorbed by the buyer, meaning prices on clothing, cars, produce and pharmaceuticals, among other things, are expected to go up. >> the trade wars that we saw leading up to world war two are part of what got us into world war two. and so that's why we've been trading more with each other and trying to bring down trade barriers over time to avoid some of the kind of pain that we experienced during the great depression. >> trading partners, including china and the eu, have vowed to respond. imports on all autos and auto parts already face a steep 25% tariff, as trump previously announced. abc's rachel scott spoke with patrick ro, who worries his car repair business in wisconsin will suffer when he raises prices there. >> bill ultimate
a 34% tariff on all imports from china, a 25% tariff on products from south korea, and a 20% tariff on goods from the european union. >> you know, you think of european union, very friendly. they rip us off. it's so sad to see. it's so pathetic. 39%. we're going to charge them 20%. so we're charging them essentially half. >> some of the costs expected to be absorbed by the buyer, meaning prices on clothing, cars, produce and pharmaceuticals, among other things, are expected to go...
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the giants home opener friday afternoon at china basin against the mariners. right the a's in west sac. not ite the housewarming party they were hoping for today. not a sell out crowd. only about 9000 fans. capacity is 14,000. here's the highlight, though. brent rooker with the two run homer. but the cubs win this game 10 to 2 and they sweep the athletics. they sweep the series. the a's have a new bay area tradition. battle of the bay 2.0. san jose giants taking on the oakland ballers. fans excited to have some friendly bay area competition after the a's left town. yeah, that's a fun game. exciting. it's great to see the young players and the fans. i'm very excited for both teams because it's something new. it's something exciting to have, kind of the bay, but not really. so we can have oakland a's and the san francisco, the san jose giants play against each other. so whoever wins wins because i'm excited for both teams. lots of excitement at the ballpark and the san jose giants one now before the game, san jose mayor matt mahan and interim oakland mayor kevin
the giants home opener friday afternoon at china basin against the mariners. right the a's in west sac. not ite the housewarming party they were hoping for today. not a sell out crowd. only about 9000 fans. capacity is 14,000. here's the highlight, though. brent rooker with the two run homer. but the cubs win this game 10 to 2 and they sweep the athletics. they sweep the series. the a's have a new bay area tradition. battle of the bay 2.0. san jose giants taking on the oakland ballers. fans...
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so if you look at that, china, first row, china, 67%.s tariffs charged to the u.s.a., including currency manipulation and trade barriers. 67%, i think you can for the most part. those with good eyes -- it's very windy and didn't want to bring out the big charts. had no chance of standing. we came off with a smaller chart. 67% that we are going to be charging 34%. they charge us and we charge them. they will be upset because we never charge anybody anything. now we're going to charge. european union, they are very tough, very tough traders. you think of european union very friendly. they rip us off. so sad to see, 39%. we are going to charge them 20%. vietnam, great negotiators, great people, they like me, i like them but they charge us 90% and charge them 46% tariff. taiwan where they took all of our computer chips and semiconductors. we used to be the king. we had all of it and almost none of it except the biggest company is coming in. lee zeldin is working to get their appraisals. amazing companies, mr. wei they are coming in from taiw
so if you look at that, china, first row, china, 67%.s tariffs charged to the u.s.a., including currency manipulation and trade barriers. 67%, i think you can for the most part. those with good eyes -- it's very windy and didn't want to bring out the big charts. had no chance of standing. we came off with a smaller chart. 67% that we are going to be charging 34%. they charge us and we charge them. they will be upset because we never charge anybody anything. now we're going to charge. european...
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how do you see the relationship with china developing over the course of the transfer to the space from global markets and economies? the big question here is, begins still a safe haven conversation to understand how it affects day 933000. it was still on stripe, put it face a credit rating, downgrade as a result, counting the cost on just a diverse range of stories from across the globe from the perspective of networks. journalist own outages here on the us president donald trump targets trade partners around the world with sweeping terrorist move that could we shape the global economy the lead? i'm or a kyle, this is alex. is there a live from co ha stop. markets opened down in asia as the regional assess as the economic form out from trump terrace. also coming up more is really a tax target. the goal is to strip over night less than a day of strikes, kil, twin.
how do you see the relationship with china developing over the course of the transfer to the space from global markets and economies? the big question here is, begins still a safe haven conversation to understand how it affects day 933000. it was still on stripe, put it face a credit rating, downgrade as a result, counting the cost on just a diverse range of stories from across the globe from the perspective of networks. journalist own outages here on the us president donald trump targets trade...
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ambassador to china and chief of protocol for for the state department and over on c-sn2, 8:30 discussion about small businesses a digital payment systems with arkansas republica congressman french hill hostedly punch bowl news and later the senate will work on the nomination of dr. memet oz to be the trump administration's pick to laid the centers foredicare and medicaid and overn c-span 3 at 9:30 we will bring you live coverage of confirmation hearing of presidentrump's picks to be director of opm and management and budget. you can also watch live coverage on c-span now app or online at c-span.org. >> charter communications supports c-span as a public service along with these other television
ambassador to china and chief of protocol for for the state department and over on c-sn2, 8:30 discussion about small businesses a digital payment systems with arkansas republica congressman french hill hostedly punch bowl news and later the senate will work on the nomination of dr. memet oz to be the trump administration's pick to laid the centers foredicare and medicaid and overn c-span 3 at 9:30 we will bring you live coverage of confirmation hearing of presidentrump's picks to be director...
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the other thing is that canada is our friend, it's not china. and along the border where we have decades and decades of mutual respect, we're starting to change that into distrust. and a confident country treats its allies with respect. and these tariffs are going to do direct and immediate economic harm every day for vermont families and farmers, maple syrup producers. but it will start eroding the trust, the benefit of good relations over time. why in the world would president trump want to be doing this? he's embracing totally, totally bad, totally wrong, doomed, and the only question is how much pain will he inflict on everyday vermonters before he comes to his senses and withdraws this tariff policy? >> i want to thank leader schumer and senators kaine and welch for being here today. president trump dubbed today liberation day. sen. alsobooks: and i'm asking how tone deaf he is and who is he liberating? sen. schumer: elon musk. sen. alsobrooks: and the family i grew up in, i regard nice in so many ways as having grown newspaper a blue-colla
the other thing is that canada is our friend, it's not china. and along the border where we have decades and decades of mutual respect, we're starting to change that into distrust. and a confident country treats its allies with respect. and these tariffs are going to do direct and immediate economic harm every day for vermont families and farmers, maple syrup producers. but it will start eroding the trust, the benefit of good relations over time. why in the world would president trump want to...
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lobster is china. and so the people of maine did not demand that susan collins get in line with the madman who wants a trade war with canada and the world in the country where rand paul grew up and where i grew up and where you grew up. presidents didn't control tariffs. congress did a couple of obscure laws passed by congress decades ago, gave the president power to adjust tariffs only in a national emergency, which basically meant something like a world war. donald trump's claim of emergency conditions as the legal justification of his tariff orders today is provably false, especially when it comes to as good a neighboring country that exists in the world. canada. the vote in the senate was to remove the president's power to declare an emergency involving canada. taxes should not be enacted by one person. so i will. vote today to end the emergency. i will. vote today to try to reclaim the power of taxation, the power of the tariff to where the constitution designated it should properly be. >> and tha
lobster is china. and so the people of maine did not demand that susan collins get in line with the madman who wants a trade war with canada and the world in the country where rand paul grew up and where i grew up and where you grew up. presidents didn't control tariffs. congress did a couple of obscure laws passed by congress decades ago, gave the president power to adjust tariffs only in a national emergency, which basically meant something like a world war. donald trump's claim of emergency...
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so some of america's biggest trading partners, including china, to come and south korea and europe in union senior. most professionals that have block is ready with compromises. and you commission president us of on the lines that the us terrorist will be a major blow to the world economy. that's bringing some of the news down is really a tax on galls. i have killed at least 20 full palestinian since the one on thursday. 6 members of the same family were killed and strikes from a residence may comm eunice in the south. another was ready to strike on a nearby tent, come for displaced. families killed 2 and severely injured and these 3 children will strikes heads of evidence and gone sufficient killing at least 3 palestinians at the end. during 15 on wednesday, 22 people were killed when israel bummed un clinic and jamalia a refugee camp. well, i thought colored was on the scene of to day attacks. this is a very loud today and did not think of foot where the lady on her rustic must say i can see the display. some of these who used to shoot us at and the other was facility and they had t
so some of america's biggest trading partners, including china, to come and south korea and europe in union senior. most professionals that have block is ready with compromises. and you commission president us of on the lines that the us terrorist will be a major blow to the world economy. that's bringing some of the news down is really a tax on galls. i have killed at least 20 full palestinian since the one on thursday. 6 members of the same family were killed and strikes from a residence may...
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and this term he's going even bigger. >> china first row china 67%. that's tariffs charged to the usa including currency manipulation and trade barriers. we're going to be charging a discounted reciprocal tariff of 34% i think. in other words they charge us. we charge them. we charge them less. so how can anybody be upset? they will be because we never charge anybody anything. but now we're going to charge european union. they're very tough, very, very tough traders 39%. we're going to charge them 20%. and again, i don't blame the people for doing it. it's i think they're very smart in doing it. i blame the people that sat right in that oval office. >> americans have been demanding fair trade for years. so if other countries tax our products, we're just going to tax theirs. but trump's giving everybody a little bit of a discount 10% tariff across the board. and then just a cut under what they charge us. that's a negotiation tactic. get other countries to drop their tariffs to where we have them. and then it's equal. that's called fair trade. but we're
and this term he's going even bigger. >> china first row china 67%. that's tariffs charged to the usa including currency manipulation and trade barriers. we're going to be charging a discounted reciprocal tariff of 34% i think. in other words they charge us. we charge them. we charge them less. so how can anybody be upset? they will be because we never charge anybody anything. but now we're going to charge european union. they're very tough, very, very tough traders 39%. we're going to...
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tariffs on some 60 other nations that include some of america's closest trading partners imports from china now taxed at 34% goods from the european union. 20%. south korea, 25% india. 26% and a staggering 46% tariff on imports from vietnam, mr. trump describing the new taxes as reciprocal tariffs. another was a judge us we judge the president promising his plan will bring back american manufacturing and jobs saying u.s. consumers may feel some pain in the short term. most economists are warning americans will soon pay more for everyday items from groceries and clothing to cars and electronics. in the end, it is pretty much always the domestic consumers that pay almost a full. sure. these 2 you will see. in my estimation, both unemployment rising recession increasing inflation going up. at the same time, what we call a state pollution, even some republicans are objecting. but on tariffs is just an economic policy that they help us. they will hurt us. and there's a threat of them not only tanking the stock market, but there's a threat of them leading to a recession. the white house estimates
tariffs on some 60 other nations that include some of america's closest trading partners imports from china now taxed at 34% goods from the european union. 20%. south korea, 25% india. 26% and a staggering 46% tariff on imports from vietnam, mr. trump describing the new taxes as reciprocal tariffs. another was a judge us we judge the president promising his plan will bring back american manufacturing and jobs saying u.s. consumers may feel some pain in the short term. most economists are...
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. >> china 67%. we're going to be charging a discounted reciprocal tariff of 34%. european union we're going to charge them 20%. vietnam. they charge us 90%. we're going to charge them 46%. tariff. taiwan 64%. we're going to charge them 32%. japan 46%. we're charging them 24%. india 52%, switzerland 61% to 31%, indonesia, malaysia, cambodia 97%. we're going to bring it down to 49. united kingdom 10%. and we'll go 10%. south africa 60% 30%. brazil 10%. bangladesh is 74%. pakistan 58%. sri lanka 88%. >> so what you're going to see now to the right of me are the countries listed on trump's giant poster. just look at it. scroll. we had to speed it up because this is 185 countries. trump was took pleasure in it, detailing what he was about to do to these 185 countries. some of the hardest hit places include the world's poorest nations. others are in the midst of actual wars, physical wars. and look at the view. if you just put up the map. look at was too small to be included. that includes the heard and out there. see, we wanted a real speck because the population there
. >> china 67%. we're going to be charging a discounted reciprocal tariff of 34%. european union we're going to charge them 20%. vietnam. they charge us 90%. we're going to charge them 46%. tariff. taiwan 64%. we're going to charge them 32%. japan 46%. we're charging them 24%. india 52%, switzerland 61% to 31%, indonesia, malaysia, cambodia 97%. we're going to bring it down to 49. united kingdom 10%. and we'll go 10%. south africa 60% 30%. brazil 10%. bangladesh is 74%. pakistan 58%. sri...
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me in china 1st row, china, 67 percent. that's tariff charged to the usa including courtesy manipulation and trade barriers. so the 67 percent. so we're going to be charging a discounted reciprocal to of of 34 percent. i think in other words, they charge us, we judge them with judge and bless. so how can anybody be upset? they will be because we never judge anybody anything. but now we're going to judge uh, european union. they're very tough, very, very tough traders. and are you think of european union? very friendly, they rip us off. it's so so it is a, it's so pathetic. 39 percent. we're going to charge them 20 percent overcharging over centrally have yes. a big numbers there for, for a china. you know the spice for how he's trying to play it, but also japan, taiwan in the region on the as you were alluding to we, we've got the partners that were in partners before. countries not really speaking . no, speaking of as one of the units and against this, it's probably interesting whether china can take advantage on this. yea
me in china 1st row, china, 67 percent. that's tariff charged to the usa including courtesy manipulation and trade barriers. so the 67 percent. so we're going to be charging a discounted reciprocal to of of 34 percent. i think in other words, they charge us, we judge them with judge and bless. so how can anybody be upset? they will be because we never judge anybody anything. but now we're going to judge uh, european union. they're very tough, very, very tough traders. and are you think of...
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everybody gets it from china, you know what i mean? it's just like it just hurts.mall, small businesses more, you know what i mean? because we're on tighter profit margins. we don't have gigantic budgets to spend on advertising and to absorb costs from terrorists. >> president trump's tariffs target imports from dozens of nations, adding a 10% tax across the board. >> there's already an extremely high cost of living in the bay area, and i feed a family of four. and so seeing those those increases is definitely going to hit home. and as a business owner, you know, i have to think about how that's going to affect my bottom lines. >> as needed. bakery at the san leandro farmers market said it uses maple sirup from canada and produce from mexico. >> just kind of starting to bounce back after covid. as a business owner. so no, this is poor timing. >> meanwhile, the laroque family is also preparing for price hikes. >> i'm concerned about food. we're a single car family, but we've been thinking about getting a second car in the future, and we know that the tariffs impacti
everybody gets it from china, you know what i mean? it's just like it just hurts.mall, small businesses more, you know what i mean? because we're on tighter profit margins. we don't have gigantic budgets to spend on advertising and to absorb costs from terrorists. >> president trump's tariffs target imports from dozens of nations, adding a 10% tax across the board. >> there's already an extremely high cost of living in the bay area, and i feed a family of four. and so seeing those...
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-china trade.ive us the scale and scope of what has been imposed on china. >> well, it is definitely a possibility. bloomberg economics ran some numbers recently finding that a 60% tariff rate which has been floated by president trump would actually decimate most of trade between china and the u.s.. we are not at that level, even if you add in the 45% and the 20% that was already impose. but overall i think that was the conclusion, that trade would essentially cease to exist. for other countries, they might be able to find exemptions, they might be able to negotiate something. given china has been such a focus for the u.s. administration as well as some countries like vietnam where they are alleging those ships are happening, it's not like that they will be able to reach that agreement. tom: thank you for the details on the tariff announcements and the impact on china. how china response will be crucial in terms of this dynamic. the prime minister saying he and the team will assess the tariff impac
-china trade.ive us the scale and scope of what has been imposed on china. >> well, it is definitely a possibility. bloomberg economics ran some numbers recently finding that a 60% tariff rate which has been floated by president trump would actually decimate most of trade between china and the u.s.. we are not at that level, even if you add in the 45% and the 20% that was already impose. but overall i think that was the conclusion, that trade would essentially cease to exist. for other...
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considers the nominatn of former senator david perdue t be ambassador to the people's republic of china and formerox news -- to be chief protocol with the ranking ambassador. you can watch the confirmation hearing live at 10:30 a. eastern on c-span, c-span now our free mobile app and online at c-span.org. quex looking to contact your members of congress, c-span is making it easy for you with our 2020 five congressional directory. get essential contact information for government officials all in one place. this compact spiral-bound guide contains bio and contact information for every house and senate member of the 119 congress. contact information on congressional committees, the president's cab
considers the nominatn of former senator david perdue t be ambassador to the people's republic of china and formerox news -- to be chief protocol with the ranking ambassador. you can watch the confirmation hearing live at 10:30 a. eastern on c-span, c-span now our free mobile app and online at c-span.org. quex looking to contact your members of congress, c-span is making it easy for you with our 2020 five congressional directory. get essential contact information for government officials all in...
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you know that china, russia and iran are trying to get in our systems. the fact that you're so cavalier, you have all these conversations. i would also say, if you look at in the first signal scandal, secretary of defense hegseth document what he types. it's clear he wasn't sitting at a computer typing that. he was taking off of another signal chat group and cut and pasting on that one. this is a problem massively throughout this administration. they're being cavalier with american security, and they're being cavalier with the lives of men and women who they're tasking with the responsibility to secure america. >> ambassador rahm emanuel, thanks for your time tonight. appreciate it. >> thank you. >> a lot more to get to the president pressuring two more law firms. and they have relented to the tune of $200 million and other concessions on how they do business. i'll talk it over with former federal prosecutor jessica roth. and later, what those new car tariffs taking effect at midnight could do to sticker prices. >> have an important question. >> are you
you know that china, russia and iran are trying to get in our systems. the fact that you're so cavalier, you have all these conversations. i would also say, if you look at in the first signal scandal, secretary of defense hegseth document what he types. it's clear he wasn't sitting at a computer typing that. he was taking off of another signal chat group and cut and pasting on that one. this is a problem massively throughout this administration. they're being cavalier with american security,...
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bel we created this monster of china, and they just prayed on us.co they dump cheap goods into the country the navy guidese their cargo ships here.na it makes no sense.ke it's a national security issue. like you said during covid, we h have to make medicine here. if we build ships, we have to d. it with american steel. everything has to be done in the country, especially chips. we cannot rely on taiwan, we are inbe an arms race here with the chinese. i that has to be clearnd. t we used to be an industrial powerhouse, and that's how we .on world war ii in two theaters, in the pacific and european. could we win both of w those was now? with the industrial policy we have? .o >> harold: we have the most richest, smartest, strongest technology sector in the world. we aided and abetted that in the right way.nd we overlooked working-class americans. what the president is doing today, on april second, 2025, i want to see what you're thinking is on april ninth, april 16th, then my birthday on may 11th. i think you are right but i hope you will b're wrong. >> dana: happy birthday. coming up, democra
bel we created this monster of china, and they just prayed on us.co they dump cheap goods into the country the navy guidese their cargo ships here.na it makes no sense.ke it's a national security issue. like you said during covid, we h have to make medicine here. if we build ships, we have to d. it with american steel. everything has to be done in the country, especially chips. we cannot rely on taiwan, we are inbe an arms race here with the chinese. i that has to be clearnd. t we used to be an...
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mr trump unveiled 20% tariffs on the eu, 34% on china, 26 on india, 24 on japan and 10% on australia.also announced a 25% tariff on all foreign made cars as of midnight, and the business secretary has said nothing is off the table. following those announcements, jonathan reynolds said that the uk is committed to doing a deal with the us, which he hopes will mitigate the impact of what has been announced today. meanwhile, shadow trade secretary andrew griffith has described the tariff announcement as disappointing news and lib dems leader sir ed davey has accused donald trump of launching a destructive trade war. now it's being reported that donald trump has told members of his cabinet that elon musk will leave his government role in the coming months. the us president had appointed the tesla ceo as a special government employee, but politico reported that both trump and musk decided in recent days that musk will soon return to his businesses. meanwhile, mr trump's press secretary, caroline leavitt, called the reports garbage, writing elon musk and president trump have both publicly st
mr trump unveiled 20% tariffs on the eu, 34% on china, 26 on india, 24 on japan and 10% on australia.also announced a 25% tariff on all foreign made cars as of midnight, and the business secretary has said nothing is off the table. following those announcements, jonathan reynolds said that the uk is committed to doing a deal with the us, which he hopes will mitigate the impact of what has been announced today. meanwhile, shadow trade secretary andrew griffith has described the tariff...
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be possible those some war hawks currently flying around trump might wish to loose in the rush at china barn. i don't think that especially after the last 23 years of experience let alone the previous decades of seeing the us act like it to face back. stabber, i don't think that that's going to be possible at this point. uh so yeah, you know, i absolutely cared where. oh, i can't. where was sullivan's name? lincoln's name victoria, and new and his name. i didn't see that very much in the article. oh and no. and is one of the ones that really has been publicly associated in western media with some of this uh, you know, the, the conniving and the, the, you know, plot and development and the, yeah, her name was left out of there. yeah. they're, they're covering their covering themselves. and um, i think it's the last cause really this, this is not, we haven't got a piece yet. we haven't got even an agreement for a piece. you know, the jumps and the zalinski doesn't hold any cards. and i think um, like a lot of things that we say the fingers point back to us, i think the u. s. has, has far
be possible those some war hawks currently flying around trump might wish to loose in the rush at china barn. i don't think that especially after the last 23 years of experience let alone the previous decades of seeing the us act like it to face back. stabber, i don't think that that's going to be possible at this point. uh so yeah, you know, i absolutely cared where. oh, i can't. where was sullivan's name? lincoln's name victoria, and new and his name. i didn't see that very much in the...
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now the markets on thursday opened in china quite mixed. or they've opened down, but notice deeply down as we might have expected. shanghai was quite flat. jen. jen was down at 0.7 percent and in home home it was down 1.7 percent. that was a 6 week low, but it gets go to sleep as some were expecting. and i think this the reason behind this several, firstly, some people are still hoping there's a chance of negotiation to bring those types down. others, other businesses have been preparing for this for some time. and thirdly, some may have confidence in the agents pledge to do more to stimulate the economy in the face of what premier leach on said. what possible external shots. although i do have to say that some chinese companies that have shed some overseas markets, they did take quite a b 6. some of these tiny shows without 6 percent some beyond. and that's because, in addition to these tests, the trump administration also scratch that the minimum is low. now this rule said that any chinese goods coming into the us that was lower than the
now the markets on thursday opened in china quite mixed. or they've opened down, but notice deeply down as we might have expected. shanghai was quite flat. jen. jen was down at 0.7 percent and in home home it was down 1.7 percent. that was a 6 week low, but it gets go to sleep as some were expecting. and i think this the reason behind this several, firstly, some people are still hoping there's a chance of negotiation to bring those types down. others, other businesses have been preparing for...
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mazda of like china has completed a 2 day long scale notary exercise around tie one. badging says that practice precision strikes and the islands port and the energy facilities on tuesday. the tiny is military surround to taiwan with plains of worship, simulating a blockade. the most prime is the metaphysics and is that in greenland a week after a trip by us vice president j. d events present. donald trump is that he went full out fools to bring the self governing danish territory under us control. greatland's main political policies have been pushing for independence from demo, but a us take of as not popular. and that's it for me. for the moment. the news continues have on the alex's era, off the apocalypse, made the hey the, the, the, the, the with 2 months to go. before the great tribulation, i decide to give a sermon, the services held in my basement. the congregation is my neighbor, paul. i clear my throat and glance at my construction paper. i have jotted down some notes. how would you, i felt like to be covered in boyles. i wouldn't like that at all. he says. a moment later i r
mazda of like china has completed a 2 day long scale notary exercise around tie one. badging says that practice precision strikes and the islands port and the energy facilities on tuesday. the tiny is military surround to taiwan with plains of worship, simulating a blockade. the most prime is the metaphysics and is that in greenland a week after a trip by us vice president j. d events present. donald trump is that he went full out fools to bring the self governing danish territory under us...
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we are all concerned about competition that would come from china and the chinese communist party. what steps are you taking to innovate and to make certain that you are competing and out competing our foreign competitors? >> senator call mac is a competitor. we also have a much bigger competitor in europe that we compete with on a regular basis and all of our markets. we have to stay competitive. we have to invest in the future of our company. we are investing in new versions of the max aircraft we are investing in the new whitest body airplane dual engineer playing in the history with our triple 7 x program. and, all of those airplane investments are about staying ahead of the competition and making sure that we can compete in a global market. >> thank you. >> senator, you are recognized. >> thank you, mr. chairman. thank you for this hearing as well. thank you for being here today. i want to follow up with something senator blackburn asked. what specific steps is boeing taking to strengthen whistleblower protections and making sure they feel safe reporting potential safety issue
we are all concerned about competition that would come from china and the chinese communist party. what steps are you taking to innovate and to make certain that you are competing and out competing our foreign competitors? >> senator call mac is a competitor. we also have a much bigger competitor in europe that we compete with on a regular basis and all of our markets. we have to stay competitive. we have to invest in the future of our company. we are investing in new versions of the max...
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ambassador t china. the chief of protocol for the state department. c-span2 at 8 a discussion about small businesses and digital payment systems. with arkansas republican congressman hosted by punch bowl ne. and later the senate will work onhe nomination of doctor odd -- awes to be the pic to be lead the centers for medicare and medicaid. over on c-span threet 930, we will bring you live coverage of a confirmation hearing for president trumpsics to be the director of opm and a deputy director of the office of management and budget. you can also watch live coverage on the c-span now apt or online at c-span.org. >> the cherry blossoms are in season and we are marking the occasion without cherry blossom sale going on right now it c-span shop.org. our online store. save up to 25% on our entire cherry blossom collection of t-shirts, sweatshirts and drink where. scan the code during our charity blossom sale. >> c-span. democracy unfiltered. funded by these television companies and more.
ambassador t china. the chief of protocol for the state department. c-span2 at 8 a discussion about small businesses and digital payment systems. with arkansas republican congressman hosted by punch bowl ne. and later the senate will work onhe nomination of doctor odd -- awes to be the pic to be lead the centers for medicare and medicaid. over on c-span threet 930, we will bring you live coverage of a confirmation hearing for president trumpsics to be the director of opm and a deputy director...
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and a major increase for economies like china. on capitol hill democrats and republicans are warning that despite tensions, policy prescriptions like this could hurt the very people its actually meant to help. still the white house insists that what's fair is fair. they are charging less than they could be charging a lot of those countries on that list. they also brushed back on this idea that elon musk is suddenly on the way out. they said he's going to leave after 130 days as a special government employee. >> trace: kevin corke live in d.c. thank you. let's bring you the author of second class, how the elites betrayed america's working men and women... great to have you on the show. you said this on bill maher's show and got a lot of attention. >> these are really important that we have a stake in the manufacturing of the things that we need as a nation so that when china decides that it wants to go to war against us we are not relying on them or steal and aluminum in order to fight them. >> expand on that so americans understan
and a major increase for economies like china. on capitol hill democrats and republicans are warning that despite tensions, policy prescriptions like this could hurt the very people its actually meant to help. still the white house insists that what's fair is fair. they are charging less than they could be charging a lot of those countries on that list. they also brushed back on this idea that elon musk is suddenly on the way out. they said he's going to leave after 130 days as a special...
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Apr 3, 2025
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is called a china plus one strategy. that is, they were building up factories in other countries that just come body such as vietnam, in an effort to rewrote the supply chain and avoids have spots. lo and behold, those countries have older being hit by surprisingly high tire. so i think it's going to take some time to businesses really digest this and in my eyes, the full lot from all of this is really just the gums. okay. between the you bring us the nice is that from painting between them many things indeed. that's now ok. south career speak, jessica washington. and so just have a government that also holding emotions, amazing and response. so this terrorist announcement was come out of those talks while a short while ago, the acting president met with ministers, including the finance minister and industry minister and specialists who are related to this topic. and he told them that the situation is indeed grave. and the reality is, is that a global trade war has begun out in that meeting. he instructed them to look at
is called a china plus one strategy. that is, they were building up factories in other countries that just come body such as vietnam, in an effort to rewrote the supply chain and avoids have spots. lo and behold, those countries have older being hit by surprisingly high tire. so i think it's going to take some time to businesses really digest this and in my eyes, the full lot from all of this is really just the gums. okay. between the you bring us the nice is that from painting between them...
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what about china's permission?se they have a huge stake in actually, aren't they the final say in where this actually goes. >> if at all? >> yes, laura. and for so long they said we are not going to let any of our companies divest to the u.s., let alone bytedance divesting one of the most important social media platforms. now they changed their tune in january, and so they started to ease up on that stance, suggesting that maybe private companies can dictate their own future. but at the end of the day, laura, i think it would be very hard pressed to think that beijing is absolutely going to approve this. now, you would assume that the u.s. government, in putting together a deal, is already trying to talk to beijing about that. but i'll tell you from my sources who are submitting bids to the u.s. government, they're not in direct talks with bytedance. they're not in direct talks with the ccp. the only people that they are in talks with right now is the u.s. government. >> the washington post, though, they're reporti
what about china's permission?se they have a huge stake in actually, aren't they the final say in where this actually goes. >> if at all? >> yes, laura. and for so long they said we are not going to let any of our companies divest to the u.s., let alone bytedance divesting one of the most important social media platforms. now they changed their tune in january, and so they started to ease up on that stance, suggesting that maybe private companies can dictate their own future. but at...
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china builds high speed rails, airports at warp speed while we tread water. even france, long lampoon for embodying bureaucracy built subway and rail projects and at less cost than we do. delays take many forms. there's permitting, and i'm thrilled to work with chairman capito on permit reform and there's bureaucracy. and as i've mentioned, we have to manage this inner engine process monster better to be clear, i and many of my colleagues rode the biden administration hard about delays of infrastructure and other projects. this is actually very often legislative versus executive separation of power issue in which the executive branch hides behind inner agency process, all sorts of delay, irresponsibility, non-accountability and bad constitution. we should take our oversight responsibility seriously no matter who is in the white house the most recent state of delays affecting infrastructure projects is the trump phrase of inframagna bridge investment and protect funding. thousands of projects are backed up so they can be screened for dei or other maga harass s
china builds high speed rails, airports at warp speed while we tread water. even france, long lampoon for embodying bureaucracy built subway and rail projects and at less cost than we do. delays take many forms. there's permitting, and i'm thrilled to work with chairman capito on permit reform and there's bureaucracy. and as i've mentioned, we have to manage this inner engine process monster better to be clear, i and many of my colleagues rode the biden administration hard about delays of...
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at the dawn of the computer age where there is this incredible triumph, the american thing that now china is trying to do. why are we cutting science and research? it was academia and government doing things right. funding research around mainframes and more and using top innovations keeping our country safe and strong and it was industry and entrepreneurs to get it done. it is an exciting time and here is this kid who gets a job with that company. my dad tells me about the art. i could not believe it when i was a kid in a segregated balcony and i watched this show about a guy who was in this place that looked like a different planet. it was a place that had all these big buildings, it was manhattan and a guy getting by because he was just nice and kind and could talk to anybody and was successful. my dad gets hired. next thing you know, he's ibm's one of the top global sales man. he's in their 5%. the ibm's golden circle and selling computers and all innovation and he gets hired to go to corporate madison new york. now, he's crushing it. but, suddenly he stops one day looking at these bi
at the dawn of the computer age where there is this incredible triumph, the american thing that now china is trying to do. why are we cutting science and research? it was academia and government doing things right. funding research around mainframes and more and using top innovations keeping our country safe and strong and it was industry and entrepreneurs to get it done. it is an exciting time and here is this kid who gets a job with that company. my dad tells me about the art. i could not...
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oh canada by the way, this and china by the way that in the us. and you know it's not going to happen that way. but we may well be able to pull things back because trump and starmer had a phone call on sunday night, and we don't know what was said in that. so maybe trump said sit tight. | that. so maybe trump said sit tight. i didn't trump actually make a comment about starmer yesterday or the day before saying whatever. he fought really hard. whatever they're paying really hard. whatever they're paying him, he's worth it. so in that respect, he respects him to a certain extent. >> so if we get a better deal than the eu, will you be pleased that we're out of the eu, nina or not? >> i'm not pleased that we're out of the eu. of course, i'm not pleased with the idea. i'm not pleased with the idea. i'm not watching. >> what about if it costs the eu? >> eu.7 >> we're eu? >> we're watching billions. we're watching trump brexiting from the world. that's what's happening. trump is brexiting from the world. big isolationist. >> you don't trump. i think a l
oh canada by the way, this and china by the way that in the us. and you know it's not going to happen that way. but we may well be able to pull things back because trump and starmer had a phone call on sunday night, and we don't know what was said in that. so maybe trump said sit tight. | that. so maybe trump said sit tight. i didn't trump actually make a comment about starmer yesterday or the day before saying whatever. he fought really hard. whatever they're paying really hard. whatever...
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. >> that's china. china comes into. >> the global trading system. it's a very different kind of economy. they subsidize. >> everything. the government. >> runs everything. >> and so you get. >> something called the china shock, where literally a ton of jobs from the rust belt, as you're talking about, i grew up in rural indiana. that was my whole growing up experience. they leave counties. communities are hollowed out. more importantly, and this is what where it gets really interesting critical goods that we need in this country. you can't produce any more in the system as it was originally envisioned in the postwar era, because the global economy has changed and you have all these players that are playing by different rules now. and one thing i will say, and this is not to say that donald trump is doing this, this strategy of, you know, kicking the bretton woods system, you know, out and changing globalization. i don't think he's doing it right, but he is making an important point, which is that it's outdated and it needs to change. and that is a s
. >> that's china. china comes into. >> the global trading system. it's a very different kind of economy. they subsidize. >> everything. the government. >> runs everything. >> and so you get. >> something called the china shock, where literally a ton of jobs from the rust belt, as you're talking about, i grew up in rural indiana. that was my whole growing up experience. they leave counties. communities are hollowed out. more importantly, and this is what...
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you see the numbers there 54% on china products from china, 46% tariff in vietnam and a 20% tariff on european union countries. i mean, i think tha this may compel businesses to bring more of their manufacturing onshore, which i think is one of the intended consequences of this activity. but at the same time, that takes time. and in the meantime, it's going to be, you know, fairly catastrophic, i think, for particularly small businesses that relied on imports of either components for the products they assemble here stateside or, you know, whole cloth goods that they were importing directly from these locations. there is a lot to digest here. joining us now is our business and tech reporter, scott budman. first of all, the president laid out a lot of things. it's not set in stone. there is room for negotiation here, which what is what he's known for? it is what he's known for. and therefore, because it's president trump, i would agree with you and say that there is room for negotiation. but these tariffs, some of which kick in at midnight tonight, are there. and i think they're going t
you see the numbers there 54% on china products from china, 46% tariff in vietnam and a 20% tariff on european union countries. i mean, i think tha this may compel businesses to bring more of their manufacturing onshore, which i think is one of the intended consequences of this activity. but at the same time, that takes time. and in the meantime, it's going to be, you know, fairly catastrophic, i think, for particularly small businesses that relied on imports of either components for the...
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it even higher tariffs on goods from china, the eu and dozens of other countries. the white house officials predict the new tariffs will bring in up to $700 billion a year in new government revenue, and bring back manufacturing to the u.s., but experts say it could all backfire and may lead to inflation and higher prices across many industries. >>>>auto industry, immediately is going to be going to be impacted. electronics, consumer electronics, are going to be impacted. even, you know, building materials. the real estate is going to be impacted because of the cost of materials are rising. so when you are talking about the core infrastructures and manufacturing, this is why it's going to have the repercussion down the road. >juliette>the tariffs are set to go into effect next week. they include mexico and canada because they are already excluding that is mexico and canada because they are already facing a different set of tariffs. so we are still waiting to find out the exact impact here in the bay area. but for some business owners, the outlook isn't good. our car
it even higher tariffs on goods from china, the eu and dozens of other countries. the white house officials predict the new tariffs will bring in up to $700 billion a year in new government revenue, and bring back manufacturing to the u.s., but experts say it could all backfire and may lead to inflation and higher prices across many industries. >>>>auto industry, immediately is going to be going to be impacted. electronics, consumer electronics, are going to be impacted. even, you...