Trump Doubles Down On Trade War With China
Trump doesn't really understand what a trade war is, but he thinks it sounds cool and wants one. Cenk Uygur, John Iadarola, Alyona Minkovski, and Amy Vilela, hosts of The Young Turks, discuss....
==========
ARE WE IN A TRADE WAR? I HEAR FROM DEFENDERS OF THE PRESIDENT THAT WE AREN'T BUT I ALSO HEAR FROM HIM THAT WE HAVE ALREADY LOST THE TRADE WAR BUT IF WE ENGAGE IN ONE THAT IT'S EASY TO WIN, BUT WE'VE ALREADY LOST. I WILL JUST LAY OUT THE FACTS FROM THE LAST WEEK AND THEN WE WILL TRY TO FIGURE OUT WHAT OUR TRADE POLICY WITH CHINA IS -- ALTHOUGH TO BE FAIR U.S. SCIENTISTS HAVE STOLEN THE CHINESE HOAX OF GLOBAL WARMING, SO I GUESS WE HAVE GOTTEN A LITTLE BIT BACK FOR OUR MONEY -- SO IN TURN CHINA VOWED TO TARGET KEY U.S. EXPORTS INCLUDING SOYBEANS, BUT ALSO INTERESTINGLY LEVI'S, WHISKEY, AND HARLEY-DAVIDSONS AMONGST OTHERS, SO THAT AMOUNTED TO ABOUT $50 BILLION WORTH OF TARIFFS ON U.S. GOODS. GREAT, BOTH OF OUR ECONOMIES WILL BE DOING M...
==========
ARE WE IN A TRADE WAR? I HEAR FROM DEFENDERS OF THE PRESIDENT THAT WE AREN'T BUT I ALSO HEAR FROM HIM THAT WE HAVE ALREADY LOST THE TRADE WAR BUT IF WE ENGAGE IN ONE THAT IT'S EASY TO WIN, BUT WE'VE ALREADY LOST. I WILL JUST LAY OUT THE FACTS FROM THE LAST WEEK AND THEN WE WILL TRY TO FIGURE OUT WHAT OUR TRADE POLICY WITH CHINA IS -- ALTHOUGH TO BE FAIR U.S. SCIENTISTS HAVE STOLEN THE CHINESE HOAX OF GLOBAL WARMING, SO I GUESS WE HAVE GOTTEN A LITTLE BIT BACK FOR OUR MONEY -- SO IN TURN CHINA VOWED TO TARGET KEY U.S. EXPORTS INCLUDING SOYBEANS, BUT ALSO INTERESTINGLY LEVI'S, WHISKEY, AND HARLEY-DAVIDSONS AMONGST OTHERS, SO THAT AMOUNTED TO ABOUT $50 BILLION WORTH OF TARIFFS ON U.S. GOODS. GREAT, BOTH OF OUR ECONOMIES WILL BE DOING M...
