IS WHAT PRESIDENT TRUMP
MEANINGS FAIR AND RECYCLICAL
WE AR
RECIPROCAL.
>> HOST OF WNET PROGRAM G0
WORLD IAN BREMMER HERE GREAT
TO SEE YOU CONGRATULATIONS ON
SHOW.
>> THANK YOU.
>> YOUR THOUGHTS ON NEW
CANADA, MEXICO DEEM UU. SMCA.
>> YOU AND I BOTH TALKING TO A
GROUP 100 KAINZ CEOS
YESTERDAY.
>>.
>> THEY WERE SERIOUSLY
RELIEVED WERE THEY NOT.
>> YEAH.
>> THE BIG CONCERN EVERYONE
HAS HAD THE LAST FEW MONTHS
WHAT HAPPENS IF WE DON'T COME
WILL TO A DEAL, FW TRUMP HAD
TO PULL OUT OF NAFTA START
CLOCK TICKING SIX MONTHS WOULD
CRUSH THE MEXICAN PESO WOULD
DISRUPT SUPPLY CHAINS NONE OF
THAT IS GOING TO HAPPEN NOT
ONLY HAVE WE DECIDED NOT TO
GET RID OF THE OLD NAFTA WE
HAVE MADE SOME IMPROVEMENTS
BRAND-NEW NAFTA NEVER THE
WORST DEAL AMERICA EVERY
SIGNED THAT WAS EXAGGERATED
BUT MEANINGFUL NOT JUST ABOUT
GETTING A LITTLE BIT OF
ACCESS, TO CANADA'S DAILY
MARKET IT IMPROVED LABOR
REGULATIONS.
>> ACCESS PRETTY MUCH ANYONE
INVOLVED IN TRADE IN NORTH
AMERICA WILL SEE MORE
EFFICIENCY MORE GROWTH THAT IS
A GOOD THING.
>> BIG FOR THE PRESIDENT,
DAGEN.
DAGEN: THE "THE WALL STREET
JOURNAL" EDITORIAL PAGE PUSHES
BACK ON THIS, THERE IT IS
CALLED THEIR EDITORIAL TODAY
NEW IN THAT EVENT AE RELIEF
THE NEW DEAL IS WORSE THAN
STATUS QUO BUT DISASTER WAS
AVOIDED.
AND THE KIND OF THEY GO
THROUGH WHAT THEY DON'T LIKE
ABOUT THE DEAL.
NEW DEAL STRIPPED PROTECTIONS
AGAINST PREDATORY GOVERNMENT
FOR MOST FOREIGN INVESTORS ONE
OF MANY THINGS, THE LAST LINE
EDITORIAL NEW TRADE DEAL COULD
HAVE BEEN WORSE GIVEN
MR. TRUMP'S PROTECTIONIST
BELIEF THE BEST THAT WE CAN
SAY.
>> THEY DON'T LIKE IT.
>> IT IS CERTAINLY TRUE THAT
THERE WERE A LOT OF PEOPLE
UPSET THAT THEY REMOVED THIS
CHAPTER 11 FOR DISPUTE
RESOLUTION IT PROVIDE A LOT OF
MULTINATIONAL CORPORATIONS A
WAY TO BUY ACCESS TO DISPUTE
ROFLGZ THE
RESOLUTIONS "THE WALL STREET
JOURNAL" ISSUE.
DAGEN: AMONG OTHERS.
>> MAIN ISSUE PEOPLE THAT
UNDERSTOOD TREE TRADE AREN'T
PLAYING IDEOLOGIC DON'T HAVE A
PROBLEM WITH TRUMP
PARTICULARLY WILL ALL SAY
OBAMA DID THIS DEAL SEEN AS
BETTER JEB BETTER SEA
BETTER JEB BETTER DEA
BETTER DEAL HILLARY SEEN
BETTER JEB BETTER DETAIL,
STANDARD.
>> THE PRESIDENT'S ECONOMIC
POLICY.
>> THEY BEAT ON PROTECTIONISM.
>> TRADE.
>> I WOULD SAY THEY UNDERSTAND
TRADE JUST DON'T UNDERSTAND IN
THE THE WAY THAT PEOPLE WHO --
WANT UNION PROTECTIONS THIS
NEW NAFTA DEAL A HUGE HANDOUT
TO YUNIONS.
>> MEXICO IS GOING TO
ABSOLUTELY INCREASE WAGES FOR
MEXICANS GOING TO UNIONIZE
LABEL IN MEXICO THE AMERICAN
LABOR UNION.
>> SHOULD BE HAPPY.
>> LIKE THAT THEY DO, THE
TRUMP -- TRUMP SAID WHEN HE
WAS RUNNING, THAT HE ACTUALLY
CARED ABOUT THE AMERICAN
WORKER.
NOW SO FAR, YOU HAVE SEEN TAX
BENEFITS FOR THE AMERICAN
WORKER BUT MOST OF THOSE
GIVEAWAYS TO WEALTHIER PEOPLE
THIS IS A MEANINGFUL
IMPROVEMENT WILL IMPACT
AMERICAN WORKER I CAN
UNDERSTOOD WHY "THE WALL
STREET JOURNAL" WOULD OPPOSE
THAT I DON'T THINK TRUMP
NECESSARILY CARES.
>> 90% WORKERS SEEING HIGHER
PAYCHECKS THIS YEAR.
>> EVEN THOUGH THE JOURNAL IS
REPORTING THAT COMPANIES ARE
NOT PASSING BENEFITS OF THE
TAX CUTS TO EMPLOYEES.
>> THAT WAS A JOURNAL --
>> 1500 COMPANIES SHOWED 4%
REDIRECTING SAVINGS TO BUDGETS
FOR BIGGER PAYCHECKS NO
DOUBTED, PEOPLE HAVE MORE
MONEY IN POCKETS.
>> THAT IS WHAT I MEANT
BECAUSE OF THE TAX CUT TAX
BURDEN LOWER FOR INDIVIDUALS.
>> LOOK, WHEN I GO AND TALK TO
RAND PAUL OR MARCO RUBIO ASK
WHAT THEY DON'T LIKE ABOUT
TRUMP NUMBER ONE IS BUDGET
THEY HATE THE FACT WE ARE
SPENDING A TRILLION DOLLARS IN
DEFICIT DON'T LIKE TO GIVE
AWAY A TRADITIONALLY.
>> BUT ECONOMIC GROWTH.
>> THEY LIKE A GROWTH, THEY
LIKE LOWER TAX FOR
CORPORATIONS DON'T LIKE
GIVEAWAYS FOR AMERICAN
WORKERS.
>> COME ON.
>> WOULD SAY THAT, MARCO RUBIO
WANTS TO ROB SOCIAL SECURITY,
FOR FAMILY LEAVE BENEFITS THEN
TRIES TO SELL IT LIKE, THAT OH
YOU ARE TAKING MONEY THAT WE
HAVE IN THE FUTURE, BUT THERE
IS A GIANT HOLE IN SOCIAL
SECURITY.
>> I DON'T MEAN TO DIGRESS
MARCO RUBIO GETTING RELIGION
ON DEBT DEFICIT BUDGET PLEASE,
MY NAME IS DOLLY PARTON.
>> AFTER RECENT YEAR AND HALF
PUSHING FAMILY LEAVE, AND --
DIRECTING MONEY --
>> WE ARE MUCH MORE POLARIZED
TODAY WE SHOULD SAY THIS IS AN
IMPROVEMENT THE DEAL IS BETTER
IT NEEDED TO GO MODERNIZED NOW
ALLOWS PRESIDENT IF HE WANTS
TO COME TOGETHER WITH ALLIES
MORE EFFECTIVELY, TO FOCUS ON
THE REAL CHALLENGE WHICH IS
CHINA.
>> RIGHT.
>> THAT IS MY QUESTION WHAT
DOES THIS SIGNAL TO CHINA IF
YOU ARE SITTING BACK THERE,
BEIJING WATCHING THIS, WHAT IS
THEIR POSITION?
DO THINGS CHANGE RESULT OF
THIS DEAL.
>> THEY ARE CHANGING THE
CHINESE STRATEGY INITIALLY
REMEMBER XI JINPING GOT UP
DAVOS I SUPPORT FREE TRADE
WANT TO BE LEADER HOPING TRUMP
WOULD BE HATED BY ALL ALLIES
WITH THIS AMERICA FIRST WHEN
MEANS CHINESE BECOME ONLY BALL
GAME IN TOWN IF TRUMP HAD A
REALLY GOOD MEETING WITH
SHINZO ABE FROM JAPAN LAST
WEEK GOTTEN NEW NAFTA DEAL
WITH EUROPEANS PUT THINGS ON
HOLD SOUTH KOREAN DEAL NOT
FINALIZED BUT MOVED POSITIVE
DIRECTION ALL OF A SUDDEN --
THE PROBLEM WITH CHINA CHINESE
DON'T LIKE THAT AT ALL
ABSOLUTELY BELIEVE THAT THEY
ARE GOING TO BE MORE WILLING
WHEN TRUMP SITS DOWN WITH
PRESIDENT XI END OF NOVEMBER
G20 ARGENTINA THEY ARE OF
GOING TO HAVE MORE TO OFFER YU
STAYED IS IT ENOUGH ARE WE
MOVING TO BETTER PLACE WE WILL
SEE THERE IS NO QUESTION IF
YOU ASK ANY MULTINATIONAL
CORPORATION DO YOU HAVE A BIG
PROBLEM WITH NAFTAOR CHINESE
THEY TELL YOU THE CHINESE,
ACROSS THE BOARD, IT IS
ASYMMETRICAL MARKET ACCESS