Trump administration officials were out in force across the television networks Sunday defending President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs.
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00:00so this is unfolding exactly like we thought it would in a dominant scenario what's going on here
00:15is you start with the observation I don't think you would disagree with me at all the world
00:21cheats us they've been cheating us for decades they cheat us with tariffs higher tariffs but
00:27more importantly they cheat us with the so-called non-tariff barriers it's the VAT taxes the dumping
00:32the currency manipulation the technical barriers that keep our autos out of Japan the agricultural
00:38barriers that keep our pork out of Australia or Europe they're doing that to the tune of 1.2
00:44trillion dollars of wealth we have opened up our invitations to them look the president has
00:52a has a really good relationship right now the president has a has a good very good relationship
00:59with president Xi and we're going through a period where we we hope that we'll be able to get to the
01:06other side of that but but here let me say this about China I think this is really important China
01:13China has killed over a million people with their fentanyl how many countries is the administration
01:21currently negotiating with to get a trade deal let me see how many I can do and remember Kristen
01:28we talked offline about this we started doing this long before we announced the pause in the reciprocal
01:35of tariffs in anticipation of this so we've got the UK we've got the EU we've got India we've got Japan
01:43we've got North Korea we've got Indonesia we've got Israel and they're just lining up outside the
01:53door of Jamison Greer the trade rep Howard Lutnick is very much a part of that South Korea okay yes okay I
02:01just want to make sure there the only thing I can say about North Korea is it's quiet at the rocket man's quiet again