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Trump: Trade war won't hurt us

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During a joint press conference with Swedish Prime Minister Stefan Löfven, President Trump said a trade war would hurt other countries more than it would hurt the US.
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John Yohann (3 days ago)
Economic Policy Institute: Reducing U.S. trade deficits will generate a manufacturing-based recovery for the United States and Ohio Since the goods trade is dominated by manufacturing, goods trade deficits caused by currency manipulation have cost manufacturing jobs U.S. goods trade is dominated by manufacturing: In 2011, about 86 percent of U.S. goods exports and 78 percent of all goods imports were manufactured products, according to the U.S. International Trade Commission (USITC 2012). Therefore, when imports are higher than exports and the share of imports is expanding, i.e., when the goods trade deficit is growing, domestic manufactured products and manufacturing jobs are displaced. And, as explained in the previous section, currency manipulation has encouraged more rapid growth of U.S. imports and repressed U.S. exports to both currency manipulators and to all countries where the United States competes with currency manipulators (such as China, which is the United States’ most important competitor in total world trade). The U.S. goods trade deficit increased from $198.4 billion in 1997 (equal to 2.4 percent of GDP) to $738.4 billion in 2011 (equal to 4.9 percent of GDP).7 Numerous studies have shown that trade deficit growth of this magnitude displaces many manufacturing jobs. For example, when the U.S. trade deficit with China increased $217.5 billion between 2001 (when China entered the World Trade Organization) and 2011, it eliminated 2.7 million U.S. jobs—over 2.1 million (76.9 percent) of which were in manufacturing (Scott 2012a). And when the U.S. non-oil trade deficit displaced 5.6 million jobs in 2007 (jobs that would be supported if the trade deficit were eliminated), more than 4 million, or 70 percent, of those jobs were in the manufacturing sector (Scott 2008). Therefore, it is no surprise that the country was losing manufacturing jobs as the goods trade deficit increased. The United States lost 5.7 million manufacturing jobs between March 1998 and October 2012 (BLS 2012a), with the vast majority of these job losses attributable to the growth of the U.S. trade deficit (Scott 2012b). Conversely, although the manufacturing sector employed only 8.9 percent of all U.S. workers in 2011 (BLS 2012a), improvements in the trade balance should disproportionately improve U.S. manufacturing industries and manufacturing employment, as is shown later in this paper.
Anon amous (14 days ago)
What about us farmers? We demand that the people of America indemnify us with THEIR tax payments for the losses we incurred from our glorious President's policies! Isn't that how it's supposed to work?
ANA SANTOS santos (1 month ago)
Só ignorante Thais Trump
Shawn Mcfadden (2 months ago)
You're not protecting the country trump. Everything you said is a LIE!!!!!
Real Estate Unplugged (2 months ago)
I'm not a republican(or Republocrat), but are the democrats only concerned with homosexuals, new age feminism and bigger government than we have even now?
Rules of Law (2 months ago)
Finished goods and luxury American products and shops easily to find in every part of China . China manufacturer small parts with small margin for US product , and US sell finished products with higher margin to China consumer. Really hope China Government remove all American brands in China . Rarely to see China brands in US but American brands everywhere in China . Starbucks alone in One city Shanghai is more than 600 outlets .
alberto reyna (2 months ago)
Trump are you stupid... we will be paying the tariffs, the American people.. stupid moron
Good Day (2 months ago)
Here's my stance on it Trump has done almost everything the media said he couldn't do , I tend too believe the honest one #independentsfortrump
Ben B (2 months ago)
Us he mean him and his rich clowns 🤡
Nightmare Man (3 months ago)
Hey Trump pull your head out your asshole who look a whole lot better the country run a whole lot better now better yet keep your head up your ass all the way somebody else to take your place
Aaron Bromley (3 months ago)
CNN is fake news
Laura Appleby (3 months ago)
President Trump understands the situation and is acting in the interests of his people. It’s called negotiating. He is doing the right thing for the USA.
veethevee Vong (4 months ago)
No. The Chinese has hundred years of loving American products. They would buy American products regardless the price. They would turn against the government to buy American products. And the Chinese government love buying pretty much anything metal-made from America. That's the truth. Get over it. Fake news
Fernando Diaz (4 months ago)
You dumb human beings! How can you criticize our own president! Who is really the clown ? I’m consciously aware that Donald trumps ego is really big&foolish but cmon the guy is just trying to make America great again! His a wise tuff man!
Thomas Norton (4 months ago)
It's already hurting us just by threatening to be there this Trump guy fancies himself a smart guy smart people don't go into chapter 11 at 6 separate times he's fucking everything up smoke and mirrors should be the title of his next book because he's just lies and lies I wish my fellow Americans would fact check them in fact if you did some background check before you voted you might not have wasted your vote cuz nobody can tell me and I've been asking for months nobody has an answer to the why are you a trump supporter what has he ever done for you or the country or anybody for that matter cuz he only does things for himself
simon huang (4 months ago)
Dick head no body win in the end , the whole know that only a wanker do more destruction for the economy.
fragrantlilys X (4 months ago)
You are dumb. 60% binge drink & how many suffering from diabetes & obesity? #whitemansFEAR, #britishEmpire cults fear, Calling the pot black - addicted to debt? SELLING YOUR SOULS? Opportunities abound #financialLiteracy #tourism?? A threat? Who has family and investment properties in Sydney & Melbourne stupido! #jobs not for the locals? Look at Australia's student work visas & holiday visas TAKING LOCAL AUSSIES JOBS?? Australia has always considered the South Pacific our “patch of paradise” to protect and nurture. (protect to exploit for #neoliberalism!) #internationalDiplomacy The China Syndrome: Part One - Is China taking over the South Pacific? | 60 Minutes Australia https://www.youtube.com/watch?v=AGl3HxEMJhI
Cosmic Sailor (5 months ago)
I like Trump but yes it will
Ong Teng Ong (5 months ago)
IF A TRADE WAR WITH CHINA WONT HURT USA, THE SAME CAN BE SAID OF CHINA THEY ARE NOT HURT EITHER. NOBODY, INDIVIDUALS, SOCIETIES, GROUPS, LEADERS AND COUNTRIES ARE INDISPENSABLE AND DEFINITELY NOT STUPID TRUMPY.
Bee be Cee (5 months ago)
It's the same old same old cowboy diplomacy, shoot first, talk later and then the double speak and triple bullshit. The US will lose more business from China buying more stuff from Brazil, Argentina, Russia etc.
Rod Z (5 months ago)
Trump the idiot fucking cunt is going to crash our economy.
xx zhu (5 months ago)
a stupid president in a stupid war
WAN Shah (5 months ago)
Trump, a good news for u. I starting boycott american product and promoting such. This is to show im condemning ur act. Ur act effected the goods price all over the world and cause some company in unstable situation.
Joe Martin (5 months ago)
Oh it will give it time.
Deborah Watkins (5 months ago)
I just don't think that Donald Trump is smart enough to figure all of these trade problems out to make it come out fair for all countries involved. It is a complicated system, and I think he is mucking up. Some countries are richer than others and we have to account for this any quality
Mike (5 months ago)
Trades wont hurt us??????? Ask farmers throghout the country and veggies and fruit consumers stupid ass jajajjajjaaj
Roger Ratliff (6 months ago)
OMG!!!! LMAO.. It's already hurting us.. How stupid can anyone be by saying they won't hurt us? Absolute Trump and Republican propaganda b*******.. They are so f****** the ignorant
Sanara Sanara (6 months ago)
Khmer
k odu (6 months ago)
Any man who prefers a pornstar to his super model wife should not be the POTUS. Trump is a fool and we saw how he debased himself before Putin.
Alison Northrup (6 months ago)
A trade war will hurt us. Other countries are just getting pissed. What are you doing. No one respects us anymore. You just a fucking bully Trumpy. You outsource your own companies so maybe you should give those jobs to US citizens. You employ kids and you know because if you just look away, you are condoning what's happening. You are a fucking hypocrite. You don't have a loving bone in your body..stupid.
Darcy Poirier (6 months ago)
TRUMPTARDED!!!!
Bill Eaton (6 months ago)
Hit China and EU with tariffs and drop the corporate tax rate down to 12.5% and watch what happens to industry in China and EU. Massive industry relocation. There already is a skilled labor shortage in this country  and what this nation could possible see is what happened to Houston,Texas during the late 70's and early 80's.....BOOM TOWN with an average hourly work week of 84 hours a week...….I forsee this coming. To bad we couldn't buy back all of those treasury notes that China bought from us,  pay half of the national debt, and drain the swamp ( cut government spending.)  We could put the hurt on China and the EU and tell them what goes around, comes around.
Vincent Capetillo (6 months ago)
To all my fellow american friends brothers and sisters, just listen for once you can hate me just as much as you hate our president after this, but check out our history, when all hell breaks loose around the world and a country gets in trouble who is the first one there unless you were all asleep in history class you'll know the answer, yes the good old U S A and where are all the other countries yea you got it doing nothing and watching while we sacrifice our loved ones to save their ass and clean they mess, and where does all the money come from last i checked it came from every hard working American that lives here in America. when disaster strikes a country any country who rises to their aid and who gives and cares the most again the people of our country. but how many countries rush over to help when we are in need ? who helped in 911 when New Orleans Houston Los Angeles earth quake etc. etc. and now that we have a president that finally has the balls to stand up and tell the world its time to step up to the plate and share not only the wealth but also the pain of being responsible and give as much as we do, what do we do we bash him ridicule him we think he can fix 100 years of mistakes in 6 years of office. let me say this i don't think you and i could do any better if we were president, truth be told we would probably do a lot worse, oh and we are so pissed off about all the cheep things we get from other countries while we are loosing jobs and going hungy here at home. i am sorry but why don't you move to that country and let someone else enjoy what you leave behind, give him a chance Oslama wasn't even an American citisen and we let him be president and sink us deeper in to debt i don't here anyone complaining that voted saying oops
Terry Robinson (6 months ago)
We are so in indebted to China, that offset in tariffs is a nice way of getting there money back. We're not on the same playing field in that arena. So the U.S. shouldn't aproach the situation that way.
乔一林 (6 months ago)
川普:嗯,我们开启了战争,但请大家相信,只有他们会死人,我们不会
Javier Vargas (6 months ago)
😪🙇‍♂️😭😭🙏🙅‍♂️🙏🙏😴😴
Javier Vargas (6 months ago)
🙏🙏🙏😪🙏🤧🙏🙏🙈🙈🇱🇷🇱🇷☺️🙏😫😫🙇‍♂️🙅‍♂️👍👍👍👍📞📞
Count Rufus (6 months ago)
I'm all whit the US for containing China.But I disagree about Us misguided beliefs about Russia.The new generation Russians are all hypereducated and critical of Putin.
Jerry PEAL (6 months ago)
A lot of people aren’t listening or refusing to understand!
Wayward Beast (6 months ago)
I absolutely support our American president. Wake the fu up those that don't!!!
Cam E (6 months ago)
Just like Reagan, the left will continue to get him wrong while he will continue to rack up victories through long view goals.
10010011 Midg (6 months ago)
The biggest BMW plant worldwide is in the USA. I truly do not understand the obsession with german cars. They are being produced where they are sold. Ofcourse through tariffs on steel the steel will be more expensive in the US which will make all cars produced in the US more expensive.
Lokey Carter (6 months ago)
GO PRESIDENT TRUMP GO!! GOD BLESS!!
Philippe Daunais (6 months ago)
The more I heard Trump speeches the more I think he is sure he can walk on water and turn water into wine... Fat psycho...
John Vance (6 months ago)
Americans need to stop buying stuff from china. Buy American
Kevin is Nice (6 months ago)
Stop the ground war in Iraq
Kevin is Nice (6 months ago)
Big mistake bush letting China get USA market
Richard Diaz (6 months ago)
If the Chinese make steel like they build bycicles, all these buildings will be crumbling soon!
Success For Men (6 months ago)
Finally a president that speaks simple #TRUTH a real #MAN
Bharat Sharma (6 months ago)
What a rock star
Jo C (6 months ago)
I hate Trump prity much in everything, but in this one go for it.
Shane Lemaire (6 months ago)
I love trump
Rigoberto Hernandez (6 months ago)
Of course trade war won't hurt you family it will to the Nation and you are the one who stared don't blame others
David Adiv (6 months ago)
Bulls is what CNN don’t have
Aqua Angelo Michael (6 months ago)
The key question is: Should we continue the trade relations with China while we keep losing hundreds of billions of dollars yearly? Remember this has been going on for years and nobody did anything about this. "The U.S. trade deficit with China was $375 billion in 2017. The trade deficit exists because U.S. exports to China were only $130 billion while imports from China were $506 billion" (https://www.thebalance.com/u-s-china-trade-deficit-causes-effects-and-solutions-3306277). On top of the US trade deficit with China, the United States Trade Representative found that Chinese theft of American IP currently costs the US between $225 billion and $600 billion annually" ( https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html). You do the math by adding up all the money we lose yearly to China from trade deficit with China to Chinese espionage. It probably costs the US at least a trillion dollars annually. We need to fix it now or never. Trump did the right thing by imposing high tariffs on Chinese imports. We might lose some now, but we surely gain more later. It's for our country and for us all.
Li Li (6 months ago)
China can live without any country ,USA cannot
Li Li (6 months ago)
It’s time for USA to get down ,give out the world number one place ,to be number 10
Donald J (6 months ago)
The trade war will help make America great.. America demands quality, honor, and honesty from those who trade with America.. Trump is enforcing that.. Trump is forcing the coke-damaged imbeciles to trade with America with a reasonable degree of quality, honesty, and respect.. Those who can't comply can just go sell their blood-stained, diseased, mite-infested goods elsewhere!..
the robot pimp (6 months ago)
What a dumb bastard. The midwest will rue the day they voted for this gasbag.
Christopher Headley (6 months ago)
Great job President Trump.
Antwain Sanders (6 months ago)
He thinks ppl like him. They are just scared of a maggot with pincher teeth
Antwain Sanders (6 months ago)
This douchebag bold face lying again listen to the part when he says ppl said this before he got elected B's
Fuad Beslija (6 months ago)
You're not protecting nobody,I didn't take a fucking vacation in 6 years and I do have a full time job.Fix the shit inside ,take a look how many people cannot pay the fucking rent on RENTED APARTMENTS even in bad area,take a look how much is fucking car insurance even if you have perfect driving record.I am getting fucking frustrated just please don't tell me how you protecting me and other 200 mil.poor people.You Mr.Pesident care only about people like yourself RICH. Don't build the wall it might be on our way in next 5 years if greed continues like this.
Joseph (6 months ago)
GROCERY WILL BECOME MUCH CHEAPER BECAUSE OF ALL THE CHINESE FOOD SURPLUS WILL BECOME MORE AFFORDABLE ESPECIALLY PORK AND CHICKEN!!! BECAUSE THEY HAD BOUGHT ALL THE PREMIUN BREEDING STOCK THAT WILL HAVE PERPITUAL LITTERS AND UP TO 12 PIGLETS PER LITTERS CONTINUOSLY! CHICKEN'$ REPODUCTION IS 1 EGG PER HEN DAILY!!! BTW CHINA HAVE MILLIONS OF TONS OF SURPLUS PORK IN VAST STORAGES FACILITIES THROUGH OUT CHINA!!!😂😂😂😇😇😇🙌🙌🙌👍👍👍😎😎😎 TOO BAD BEEF PRICES WILL CONTINUE TO BE EXPENSIVE BECAUSE COWS ARE 1 CALF PER CONCEPTION PER YEAR, ISN'T FUNNY CHINA DIDN'T TARIFF THAT? WE SHOULD PUT A SURCHARGE LUXURY TAX ON BEEF EXPORTS!!#😎😎😎😇😇😇
trisram (6 months ago)
Remember. Remember. To vote in November.
Albert Lazaroo (6 months ago)
So Sweden lkes Trump very much...God does he had a big ego. Flash news D.Trump they laugh at you very much.
t Wayne (6 months ago)
At least he's trying to do something.. Everyone knew what he was gonna do before he got elected.. Oh wait I guess they thought he was bull shiting... Hahaha democrats are literally tripping out.. Saying How did Hillary loose???? Hahaha
C Joe (6 months ago)
About everything he says is wrong.
siyare Topman (6 months ago)
Lol is it me or trump make no sense 😂
lebenswasser (6 months ago)
Some comments from Trump supporters remind me of the time shortly before Germany capitulated in World War II. The land was already in ruins, but millions still believed in their "Führer" and the "Endsieg" = final victory.
cogen651 (6 months ago)
THE USA IS THE BOSS! WE MAKE THE RULES! FOLLOW US OR YOUR MISERABLE COUNTRY WILL BE LOST.. RESISTANCE IS FUTILE!
Briana Cason (6 months ago)
Can you imagine that u.s dont buy or trade with china by Nintendo by PlayStation by Toyota
Wild Man (6 months ago)
CNN= communist news network. CNN is fake news. www.infowars.com we are the resistance! Re-elect 45 in 2020!
David Cameron (6 months ago)
Has anybody on here thought about how we got so far in debt. Previous presidents!
humphrey chan (6 months ago)
Did the president of the United States just said will see what happen at 3:49? Did he really think that his decision only effect himself? If worst happens, the entire U.S suffers for his decision. How irresponsible for a president to say will see what happen....
Karl Saunders (6 months ago)
You want to bet it will hurt big time
rui silva (6 months ago)
This jackass couldnt find hes ass with both hands! Hes applying yarifs on hes ppl ...💩
kb 2003 (6 months ago)
Trump is a piece of shit
Adam Enekes (6 months ago)
CERO solvencia de crédito. Mierda de España. Mierda impuestos de los Estados Unidos. Ir al infierno basura blanca en el infierno. País de Hooligan. No respeto por este país. Destruye el comercio libre mundial.
bluezinnia847 (6 months ago)
What the fuck...Trump blames leadership? What the hell is he doing! Jerk! Trump does not protect any american, except himself! And He's a very lousy, discusting person!
Shirley WC (6 months ago)
He thinks the tariffs will pay for his eall
Todd Prifogle (6 months ago)
Finally a fairly coherent response from the president , and I must say he treated the reporter properly. The briefing isn't over yet I hope I haven't spoken too soon.
rramales1 (6 months ago)
Can the cult45 minions tell the difference between a normal human being adult when he talks and when the childish clown pussy grabber-liar-in-chief talks? Man, I feel ashamed listening to that toddler.
Sailtier soup. (6 months ago)
$800,000,000,000 a year?! (°•°)
Sunny Lovetts (6 months ago)
TRUMP IS AMAZING!!!!!!
Jonny Courageous (6 months ago)
CNN FAKE NEWS SUCKS. THIS WAS A LONG SESSION, WHERE IS THE BEGINNING AND THE END? TAKING THINGS OUT OF CONTEXT? LOOK CNN DOUCHE BAGS, IF YOU DON'T UNDERSTAND TRUMP YOU ARE JUST A COMPLETE DUMBASS! GET OVER IT OR YOU WILL SOON BE EXTINCT! EVERYBODY KNOWS YOU ARE CABAL NEW WORLD ORDER TRASH!
Tang chao (6 months ago)
Trump is a fake liar who is make this world more chaos.
Jinrim (6 months ago)
That is right. A lot of country did not pay. It is time for the other countries to pay the USA from many years. They want money from us but not paying the USA. It is only fair for the President Trump to do so. Stay in peace! Thanks :-)
Frank Saegesser (6 months ago)
D.T. just DIRTY. He sucks!
S P (6 months ago)
Just get rid of the idiot. He needs to be ripped out like a rotten tumor. He’s so dumb. Trade deficit of 800 billion dollars. Omg. 🙄
Lu Gao (6 months ago)
It wouldn’t hurt the rich but the poor in the us
janeswurld (6 months ago)
the US takes advantage of other countries lol just look at the wars they start to "spread democracy" and steal resources.
janeswurld (6 months ago)
7:50 lmaoo what??
Eric Temple (6 months ago)
Trump is right about trade, about 5 years ago when the US was still under Obama - small country - South Africa - was warned by the US that they would lose their preferential trade status if they continued to refuse US poultry imports, whilst exporting as much as they had to the US. And that's being happening all over the world. Since the US paid to defeat the Nazi and axis forces in world war 2 all the countries of the World seem to expect the to keep on paying for everything.
TheDrune (6 months ago)
"He said, I can't believe I made that statement before I was elected" ... Gosh he just makes shit up lol
Yohan (6 months ago)
Remember. US buys 10 times more from China than China buys from us. Hope you know what you are doing, Trump, the moron.
it wont hurt the elite, middle class bottom class good luck guys.
Victor tinoco (6 months ago)
Fuck trump
Oliver Phippen (6 months ago)
The DON is correct as this is not a WAR but an adjustment to the deficit ?? Tripple digit IQ will get it ??
Rickard Ingvald (6 months ago)
Swedish Clown minister of Sweden Stefan is such a retarded fuck who fucked this country right up the ass! The biggest traitor to the nation we've ever seen!

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