SINCE SEPTEMBER.
HOURS AFTER PRESIDENT TRUMP
SLAPPED NEW TARIFFS ON CHINESE
PRESIDENT TRUMP ADDRESSING THE
LATEST ON THESE TARIFFS.
WE HAVE BEEN RIPPED OFF BY
EVERYBODY.
AND I WANT TO PROTECT THE
AMERICAN WORKER.
THE AMERICAN FARMER.
RANCHERS, THE COMPANIES.
CHARLES: HERE TO BREAK IT ALL
DOWN FOR US.
TAMMY BRUCE, SHE IS THE
INDEPENDENT WOMEN'S GROUP
FOUNDER AND FORMER GEORGE W.
A LOT OF FOLKS IN THIS COUNTRY
I KNOW THEY THINK IT'S
MISGUIDED.
BUT WALL STREET, GLOBALISTS, THE
MEDIATE.
HOW DO YOU EXPLAIN IT?
>> WELL, FIRST OF ALL I WOULD
ENCOURAGE TRUMP TO KEEP GOING.
I THINK PEOPLE REALIZE -- I
DON'T THINK THIS IS GOING TO BE
LONG TERM.
WE WANT YOU TO STOP STEELING AND
CHEATING.
THIS IS ABOUT WHO IS GOING TO
CONTROL THE TECHNOLOGY OF THE
FUTURE.
THERE IS MORE TO THIS THAN JUST
THE BACK AND FORTH.
I KNOW A LOT OF HIS SUPPORTERS
ONLY STIMULATE THEIR ECONOMY SO
MUCH.
THEY ARE $34 TRILLION IN DEBT.
THEY ARE SPENDING A THIRD OF
THEIR GDP SERVICING THAT DEBT.
AT SOME POINT CHINA WILL HAVE 0
HAVE A CONVERSATION ABOUT HOW WE
GET BETTER TRADE DEALS AND THEY
STOP STEALING OUR TECHNOLOGY.
CHARLES: RICK AND TAMMY, I DON'T
KNOW THAT PEOPLE BELIEVE THAT'S
NECESSARILY RETALIATION.
THE SHANGHAI AND SHENZHEN IS UP.
>> A LITTLE CORRECTION.
AT ALL DEMOCRATS OPPOSE WHAT THE
PRESIDENT IS DOING AND THAT
INCLUDES ME AND THAT INCLUDES
CHUCK SCHUMER WITH WHAT WE ARE
DOING CHINA.
I HAPPEN TO AGREE WITH THIS
PRESIDENT WHO SAYS WE SHOULD
TIME AGO.
I THINK HE'S RIGHT.
THE IMPACT OF HOW IT'S AFFECTING
THE MARKET, THIS IS A JURY
THAT'S OUT.
MAKE.
I WOULD REACT TO THAT, I THINK
OTHER AMERICANS WOULD TOO.
WE'LL SEE WHEN IT HITS.
CHARLES: WE TALK ABOUT GRANDIOSE
NUMBERS.
$260 BILLION.
THE TAX SPREAD ACROSS A $20
TRILLION ECONOMY WHERE THE
LARGEST CORPORATIONS MAKE $2
AND THE REALIZATION WE HAVE AN
AMAZING ECONOMY AND THIS WON'T
SLOW DOWN.
TAMMY: THEY HAVE SEEN THE
PRESIDENT OPERATE.
THEY KNOW HE HAS PEOPLE'S BEST
INTERESTS IN MIND.
HE GOES 10%, NOT 20%.
CHARLES: WE GET 10% THROUGH
CHRISTMAS.
THAT MITIGATES RICK'S CONCERN A
LITTLE BIT.
TAMMY: THERE IS A MESSAGE TO
THIS.
AS THE MARKET SEES THIS, THEY
KNOW, AND THEY KNOW THEY ENDED
THINK OF IT, PEOPLE SAID WE HAVE
GOT TO BE WORRIED ABOUT.
WE NEED CHINA.
HE SAID THEY NEED US.
WE ARE IN A BETTER POSITION
JOINING TURKEY, ARGENTINA AND
VENEZUELA AS THE FOUR WORST
PLAYERS IN THE MARKET.
THEY ARE IN TROUBLE.
THAT TELLS YOU CHINA MAYBE
DOESN'T HAVE THE LUXURY TO FIGHT
BACK AND PUNISH US.
CHARLES: THE SHANE HIGH IS DOWN
AND I THINK -- THE SHANGHAI IS
TINO XI IS -- I KNOW XI IS
PRESIDENT FOR LIFE, HE'S THE NEW
EMPEROR.
>> DON'T CONFUSE THEIR POLITICS
WITH ECONOMICS.
THEY MAY NOT BE THE SAME THING.
WE WILL PROBABLY DO BETTER IN
THIS TRADE WAR THAT'S STILL TO
AND SOMETHING WE TALKED ABOUT IN
THE PAST.
YOU NOTICE THE MARKETS REDACT
FAR MORE POORLY WHEN WE HAVE THE
TRADE WAR WITH OUR ALLIES.
THE MARKET DOESN'T LIKE IT WHEN
WE ARE THREATENING EUROPE,
CANADA AND MEXICO.
IT IS BAKED IN TO A CERTAIN
EXTENT WITH CHINA.
BUT THE OTHER PART OF IT IS WE
ARE NOT HAVING THE ADVERSE
REACTION BECAUSE WE KNOW THIS IS
SOMETHING WE HAVE TO DO.
>> THE MESSAGE IN THE MARKET
TODAY TO ME IS THAT, YOU KNOW,
GDF WHICH MAY HAVE BACK-TO-BACK
4% GROWTH, HIGHER WAGES, 6.9
MILLION JOB OPENINGS.
IT'S AN AMAZING SITUATION.
FOR NOW HAPPENING MINIMAL
INFLATION.
>> EXACTLY.
GOING BACK, I THINK MOST OF OF
THE AMERICAN PEOPLE AND I AGREE
WITH RICK.
I WANT TRUMP TO COME OUT AND
ADDRESS THIS.
AS WE GO DOWN THIS PATH, I THINK
CHINA IS IN A MAJOR GAME OF
LOSS.
I THINK THEY ARE WAITING UNTIL
THE MID-TERMS AND WE MIGHT SEE
SOME SERIOUS CONVERSATIONS.
>> TRUMP TWEETED OUT AGAIN
SPECIFICALLY ABOUT CHINA GOING
AFTER THE KEY MIDWESTERN STATES
AIMING AT FARMERS AND RANCHERS
AND THE HEARTLAND INDUSTRIAL
UNDERSTANDS WHAT CHINA IS TRYING
TO DO.
THEY ARE TRYING TO TIP THE
SCALES AND HELP THE DEMOCRATS
WIN THE MID-TERMS.
>> LET ME REMIND PEOPLE WHY THIS
STARTED.
WE PUT TARIFFS ON STEEL AND
ALUMINUM TOP PROTECT THOSE
CHINA IS TARGETING RED STATES
AND TARGETING TRUMP SUPPORTERS.
I THINK THEY ARE DOING THAT TO
INTENTIONALLY INFLUENCE THE
I WANT TRUMP TO SAY IF WE GET
INTO A TRADE WAR THIS IS ABOUT
AMERICA TAKING A STAND AND
SAYING WHO DO WE WANT TO BE AS A
PEOPLE IN THE FUTURE.
IF WE HAVE TO PAY EXTRA, I AND
OTHERS, TENS MUCH MILLIONS WANT
FRIEND NED SAY I AGREE WITH
RICK -- THERE IS A DISTINCTION
THAT HAS TO BE MADE WITH RESPECT
TO WHAT WE ARE DOING WITH CHINA
AND THE STEEL AND ALUMINUM
TARIFFS WHICH I THINK WE'LL FIND
IS GOING TO COST US WAY MORE
JOBS THAN IS BENEFICIAL.
CHARLES: IT COULD BE A NATIONAL
SECURITY ISSUE.
I WANT TO GIVE TAMMY THE LAST
WORD.
GETTING BACK TO THE ELECTION
PART OF THIS.
I REMEMBER THROUGHOUT THE
CAMPAIGN, I TWEETED OVER AND
WITH CHINA?
ALL OF THEM TOLD ME YES, YES.
I KNOW THERE IS A BIG DIFFERENCE
SAYING THAT COLOR FLAT SCREEN
TV.
>> GROUND WARS OR D-DAY, THE
NATURE OF KNOWING, RATIONING.
WE COME FORWARD, WE KNOW WHAT IT
TAKES.
WE KNEW WHAT THE BACKLASH WOULD
IF THERE IS ANYONE IN THE WORLD
WILLING TO SACRIFICE.
WE WANT TO DO IT WHEN WE HAVE