President Trump to CNBC: China is going to make a deal because 'they're going to have to'

[DonViejo]

Source: CNBC


PUBLISHED 33 MIN AGOUPDATED MOMENTS AGO

Kevin Breuninger
@KEVINWILLIAMB

Jacob Pramuk
@JACOBPRAMUK

KEY POINTS

President Donald Trump tells CNBC he believes China will make a deal with the U.S. “because they’re going to have to.”

Trump defends his threats to slap tariffs on Mexico and China, which he says are putting the U.S. “at a tremendous competitive advantage.”

Trump’s remarks to CNBC come after the president sent a series of tweets touting the deal reached with Mexico that prevented the U.S. from imposing tariffs of 5% on all Mexican goods.

President Donald Trump told CNBC on Monday he believes China will make a deal with the U.S. “because they’re going to have to.”

In a wide-ranging telephone interview broadcast on “Squawk Box,” Trump defended his threats to slap tariffs on Mexico and China, which he said are putting the U.S. “at a tremendous competitive advantage.”

“Right now, China is getting absolutely decimated by companies that are leaving China, going to other countries, including our own, because they don’t want to pay the tariffs,” Trump told co-host Joe Kernen.

China is “going to make a deal because they’re going to have to make a deal,” Trump added.




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[Cracklin Charlie]

1. This is your brain on drugs.

Somebody, get the hook!

[LastLiberal in PalmSprings]

2. Has anyone fact-checked this statement?

“Right now, China is getting absolutely decimated by companies that are leaving China, going to other countries, including our own, because they don’t want to pay the tariffs,” Trump told co-host Joe Kernen.

Since nearly everything Fat Donnie says is a lie, it seems there should be some source that would keep track of companies leaving China and moving to the U.S.

[jcgoldie]

3. who cares...

Anybody who doesn't already know he's lying 99% of the time will just deny the source no matter how reliable and call it fake news. The concept of truth and falsehood has become incomprehensible to them thanks to Trump.

[duforsure]

4. He's projecting again what he wants people to think, not the truth,

Because they won't have to do anything, but he'll lie and claim they will. His pattern is the same doing this over and over again for the rubes that still believe this con artist and illegitimate president. This is what a serial liar looks and acts like in the White House.

[turbinetree]

5. HEY Traitor, ever fucking hear about rare eath metals, you know like the maganet in your

unsecured phone that you use to do the business of undermining USA "NATIONAL SECURITY" .

Did you by some strange chance after you were perusing through the channels on TV come up to Sixty Minutes show last night (6/9/2019) and the subject matter of Rare Earth Metals, it was repeat, but it was worth watching..........................

Did you know asshole that twenty some years ago we were the leading producer of these metals............................and then because of issues with this one mine, it went bankrupted. But in that process there was a company that could not get these rare earth metals and it was sold to the Chinese twenty years ago, and they got information, so, Hold on to your infatuation of narcissism and and your malignant psychopathic reality zippy the pin head, the "patents" and "all" of the technology associated with that company on how to make magnets and other technology that are in your fucking unsecured phone, when it vibrates for example, to let you know that you have a call, or the color images on the right wing propaganda shows you watch with your fucking milk and cookies, and the slobber running down your chin on your speedo underwear, sitting on your kids stool.............................

Do you know asshole that we have now only 20% of the rare earth mining operations in this country and they are not even up and running, they filed for bankruptcy again.
While in China they have over 80% of the manufacturing, and in their process they could give a flying fuck about water and such other things associated with the pollution, when it comes to mining.

Don't get me wrong I firmly believe that water and air and land should be protected from these mining operations...........................but China asshole is going to fuck you literally with your asinine tariffs.....................You have no clue that most of the high tech software for example in missiles, tv, glass cockpits in aircraft, chips, and and in other applications use those Rare Earth metals, and they are coming from China.

And if you think that at the snap of your pudgy Little fingers " is going to make this change, well, twenty years ago, is a long long time to make up, because this country is twenty years behind the curve ball.......................dumb shit.....................


November 3, 2020 cannot get here fast enough...........................

[Yo_Mama_Been_Loggin]

6. His bullshit is getting old

And in spite of what he thinks it doesn't smell like roses.

[Jim__]

7. Of course they'll make a deal. Trump will give them everything they want and a bit more.

Then he'll go on TV and claim victory.

[IcyPeas]

8. 60 minutes last night: RE rare earth elements from China

Anyone watch this segment? China pretty much controls this industry now and We NEED these products. We can't live without these rare earth elements.

Rare metals used in most tech products could be cut off from U.S. by trade war with China
From smartphones to cars and defense missiles, modern U.S. life depends on rare earth elements, but China dominates the industry and may end U.S. access to the unusual metals

Now, they've become a major element of the U.S.-China trade war. Rare earths are unusual metals that can be found in almost every piece of high tech you can think of: from new cars to precision-guided missiles to the screen you're watching this story on right now.

China controls roughly 80% of the mining, refining and processing of rare earths. Now,in response to President Trump's tariffs on Chinese goods, Beijing is making not-so-subtle threats to cut off our supply of rare earths. And that's especially troubling, because as we reported in 2015, it was the United States that started the rare earth revolution in the first place.

https://www.cbsnews.com/news/rare-metals-used-in-most-tech-products-could-be-cut-off-from-u-s-by-trade-war-with-china-60-minutes-2019-06-09/