DO YOU GET A SENSE THAT THEY ARE
STARTING TO SIN IT AS GREG SIS
LIVE THAT THEY'RE WIN -- SPIN IT
AGGRESSIVELY THAT THEY'RE
WINNING.
NEIL: PEOPLE CAN'T EXPLAIN WHAT
WINNING A TRADE WAR OTHER THAN
FREE MARKETS AND A TEXTBOOK
THEY WILL SEE PAIN ON CONSUMER
PRODUCTS WHICH IS THE NEXTWAVE
OF TARIFFS END PRODUCTS, NOT
STEEL BUT GADGETS YOU LIKE OR
WALMART ON THE SHELVES.
SOMEBODY WILL BE MAD.
WHO WILL SPIN THAT AS A
NEGATIVE?
DEMOCRATS GOING TO TAKE CHINA'S
SIDE?
POOR CHINESE COMPANIES CAN'T
SELL CHEAP NOW TO AMERICA?
TRUMP IS VERY GOOD, LOOK I HE
MADE NORTH KOREA LOOK LIKE A
WIN.
HE CAN MAKE THIS LOOK LIKE A
WIN.
IS IT A WIN OR NOT A WIN?
ONLY REAL MEASURE WHOSE STOCK
MARKET FALLS THE MOST IS THE
REASON UP CHINA'S DOWN.
AT THIS STAGE YOU HAVE TO SAY
OUR COMPANIES ARE WINNING THAT
DOESN'T MEAN WE'LL NOT FALL IF
WE DON'T GET ANY IMPROVEMENT
HERE.
WE'LL FALL LESS AND TRUMP WILL
SAY WE'RE WINNING.
NEIL: ISN'T THAT THE WAY HE
COBBLED TOGETHER THE SOUTH
KOREAN ACCORD?
IT WASN'T GREAT BUT DIFFERENT
THAN WHAT WE HAVE, AND THEY
MOVED ON?
YOU CAN CLAIM VICTORY WITHOUT IT
BEING A HUGE VICTORY BUT IT IS
DIFFERENT THAN WHAT IT WAS?
>> I THINK WHAT TRUMP WANTS IS
SOME PROGRESS ON INTELLECTUAL
COMPANIES SO THEY DON'T HAVE TO
SURRENDER THEIR KNOW HOW.
NEIL: HOW DO WE HOLD THEM
ACCOUNTABLE?
THEY LIE AND CHEAT ALOT?
>> IF THEY CLAIM THEY AGREED --
NEIL: THEY CAN CLAIM THEY DON'T
EVEN DO THAT.
>> THEY WILL HAVE TO GO AHEAD
AND ADMIT TO THEIR FAULTS, SAY
MOVING FORWARD THAT THEY'RE
GOING TO BE LESS DEMANDING
GETTING KNOW-HOW FROM AMERICAN
THAT WILL BE A VICTORY FOR TRUMP
AND MAY NOT BE THAT COSTLY FOR
CHINA.
NEIL: THE PROOF WILL BE IN THE
PUDDING WHETHER THEY MAKE GOOD
ON THAT.
ENOUGH TIME MIGHT SLIDE BEFORE
WE SEE THE CHINESE CHEATING ON A
MIDTERMS.
WHAT DO YOU THINK?
>> WHY GAINING CONTROL OF THE
NARRATIVE IS SO IMPORTANT TO
THIS WHITE HOUSE.
YOU DO HAVE HIS BASE OF
SUPPORTERS WHO ARE VERY MUCH
WITH HIM.
HE IS STILL VERY POPULAR AMONG
REPUBLICANS, EVEN WHEN HE MAKES
THESE KINDS OF MOVES THAT ARE
AGAINST WHAT REPUBLICANS HAVE
STOOD FOR IN TERMS OF TRADE,
RAISING MORE UNCERTAINTY IN A
TIME REPUBLICANS ARE FEELING
GOOD ABOUT THE ECONOMY.
TAKE THEM ON.
SCOTT WALKER, OF WISCONSIN, NO
FAN THE WAY THE PRESIDENT IS
TARGETING HARLEY-DAVIDSON, EVEN
BOYCOTTING THEM BUT HE SAYS THIS
WILL ALL WORK OUT.
>> THERE IS CERTAIN AMOUNT OF
TRUST YOU HAVE IN HIS BASE,
HEARING FROM PEOPLE IN
TENNESSEE, WISCONSIN, OTHER
PLACE, THEY DON'T LIKE TARIFFS
AND RETALIATORY POSSIBLY
MEASURES THAT THEY WOULD REACT
TO NEGATIVELY WITH ANYBODY ELSE
BUT WITH THIS PRESIDENT THEY
HAVE A LITTLE MORE LEEWAY.
NEIL: THEY HAVE LEARNED TO, WE
WE'LL GIVE HIM THE BENEFIT OF
THE DOUBT.
>> WHAT IS ESPECIALLY IMPORTANT
ABOUT THIS WEEK'S NEGOTIATIONS
WE SHOW SIGNS OF PROGRESS.
PERHAPS THAT ALSO IMPLIES THAT
PROGRESS WILL BE MADE REGARDING
NEGOTIATIONS CONCERNING NAFTA AS
WELL AS WITH OUR EUROPEAN
TRADING PARTNERS.
THOSE ARE, YOU KNOW, THAT HAS
MANY PEOPLE IN THE RUST BELT
NERVOUS.
TALKING ABOUT HARLEY-DAVIDSON
AND THE LIKE.
NEIL: YOU KNOW WHAT I THINK WILL
HAPPEN BEFORE ANY OF THIS?
WE'LL GET A MEXICO ACCORD BEFORE
ANY OF THIS.
NOW I WONDER HOW THAT WOULD
CHANGE THINGS?
CERTAINLY PRESSURE IS PUTTING ON
CANADA BUT WOULD IT ADD PRESSURE
TO CHINA OR WHAT?
>> THAT WAS SORT OF THE POINT OF
TPP.
TO DO DEALS WITHOUT WITHOUT
CHINA TO MARGINALIZE CHINA.
UP INTEREST WOULD ESSENTIALLY DO
DEAL."
WOULD LOOK LIKE CHINA IS BEING
THEY NEED TO BE A LITTLE BIT
LEFT OUT -- THEY WILL NOT COME
OUT AND SAY THE ESPIONAGE,
IDENTITY, I.P. THEFT, WE WILL
STOP DOING THAT IF YOU DON'T
STOP TARIFFS.
NEIL: I WAS BEING FACETIOUS, HOW
DO YOU GO AND ADDRESS THIS
CENTER, WE'RE CHEATING, THIEVING
LIARS?
>> IT IS HARD TO WIN BECAUSE
THEY WON'T ADMIT TO THE STUFF
THEY DID.
BUT U.S. COMPANIES AGREE TO HAND
OVERSEE CREDITS THE PRODUCTION
TRADE, WHOEVER IT MIGHT BE.
NEIL: TO DO BUSINESS THERE.
THAT WAS, APPLE PROVED THIS
AGAIN BY SAYING YOU KNOW, THESE
25,000 APPS WERE TICKING OFF THE
CHINESE GOVERNMENT, THEY WILL
DISAPPEAR.
WE'LL NOT HAVE THEM.
WE STILL KOWTOW TO THE CHINESE.
>> WHAT IS INTERESTING THE
PRESIDENT MADE A LOT OF
UNILATERAL TRADE DEALS.
WE HAVEN'T SEEN THEM IN
EFFECT --
NEIL: THERE IS ONLY UNILATERAL
TO BE FAIR BY DEFINITION WITH
SOUTH KOREA.
THE EUROPEAN ONE WAS EN MASSE
AND PROMISES ON OY SOYBEANS.
COUNTRIES CAN'T DO.
>> PULLING OUT OF TPP, IT DIDN'T
REALLY --
I'M NOT MINIMIZING IT.
IT GETS BACK TO MY ARGUMENT, IS
THAT WHAT HE IS AFTER, SOMETHING
THAT CAN LOOK LIKE WE DIDN'T
HAVE THIS BEFORE, NOW WE DO, NOT
ACROSS THE BOARD BUT IT IS A
HE CAN MAKE THE STATEMENT WITH
CONFIDENCE.
HAD THESE TRANSACTIONS DONE THIS
WAY BEFORE, NO.
>> HE IS SHOWING SOME ACTION,
PUTTING SOME ENERGY INTO THIS IN
THE PAST WHERE IT WAS IGNORED,
IT WAS HIDDEN FROM THE AMERICAN
PEOPLE.
THEY MIGHT APPRECIATE THAT
POLITICALLY.
HOWEVER I THINK THE BENEFITS FOR
MANY NEW TRADE AGREEMENTS ARE
NOT GOING TO BE EASY TO NOTICE
IMMEDIATE.
THUS THEY MAY NOT BE MUCH OF A
YOU FEEL WITH THAT, JONAS, THE
PROBLEMS OR SHALLOWNESS OF A
POTENTIAL SHAM AFTER TRADE DEAL.
I'M NOT SAYING THAT IT WOULD
HAPPEN BUT YOU REALLY WOULDN'T
KNOW THAT UNTIL WELL AFTER THE
MIDTERMS, BY WHICH TIME THE
REPUBLICAN COST CAPITALIZE ON
IT.
>> THIS IS TRUMP'S TRADE WAR TO
IT WILL NOT BE VERY OBVIOUS.
UNLIKELY OBVIOUSLY A FAILURE OR
GOES DOWN 400, THAT WILL
PROBABLY NOT HAPPEN.
DEFINITELY THE PALL AND THE
CLOUD IS GONE.
>> MORE JOBS AND CAPITAL
SPENDING WITHOUT A DOUBT.
NEIL: WHAT WOULD THE POLITICAL
RAMIFICATIONS BE?
>> FOR A TRADE WAR?
NEIL: FOR RESOLVING THIS OR AT
LEAST HAVING WHAT LOOKS LIKE A
PYRIC VICTORY IF THAT IS WHAT IT
TERMS OF HOW PEOPLE KNOW HOW
TRUMP OPERATES.
NEIL: THEY HAVE BEEN UP AHEAD OF
THIS FOR THE MOST PART?
>> THINKS NUMBERS ARE RELATIVELY
REPUBLICANS AND RELATIVELY
STABLE THROUGHOUT HIS PRESIDENCY
PLUS OR MINUS HERE AND THERE.
I THINK THIS KIND OF UNCERTAINTY
IS BAKED INTO SOME EXTENT.
NEIL: WE SHOULD SAY RIGHT AFTER
THE MIDTERMS THERE IS THE BIG
APEX SUMMIT WHERE PRESIDENT WILL
MEET WITH XI XINPING.
YOU WOULD ASSUME BY THEN THEY
WANT SOMETHING OR NO?
>> DEFINITELY.
IT WOULD LOOK GREAT.
IT WILL NOT HELP YOU OUT IN THE
MIDTERMS, NOT AT ALL.
PERHAPS THE SITUATION STILL WITH
NORTH KOREA.
THEY WILL BE THINKING ABOUT
THAT.
NEIL: YEAH.
>> TRUMP IS WINNING WHEN HE
SEEMS LIKE HE IS BEING A BULLY.
NO ONE WILL TAKE CHINA'S SIDE.
ONLY TIME HE STUMBLED WHEN HE
WHEN HE IS ACTING LIKE A TOUGH
GUY PUSHING PEOPLE AROUND HE
ALWAYS ACTS OVERLY GLOBALIST
WITH, A LOT OF PEOPLE LIKE TO
SEE THAT.
WHETHER IT MAKES ECONOMIC SENSE.
NEIL: HE IS NEVER A TOUGH GUY TO
THEIR FACES?
>> HE CAVES A LOT.
OH, DID HE SEEM THAT TOUGH WITH
NORTH KOREA AT END?
NEIL: WHEN YOU STEP OUT OF THE
STUDIO I WILL TRASH YOU.
BUT TO YOUR FACE, HEY, GOOD JOB.