Name: Trumps Easy To Win Trade Wars Not Going So Well
Uploaded: 2018-06-23T12:30:38.000Z
Duration: 14 min 52 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

THIS MORNING DONALD TRUMP
TOOK A BREAK FROM TWEETING ABOUT

Transition words & phrases

MS-13 INSTEAD TO MAKE AN
ANNOUNCEMENT ON THE NEXT

POSSIBLE FRONT IN THE
INTERNATIONAL TRADE WAR HE HAS

SO YES, A 20% TARIFF IS A
SIGNIFICANT EXTRA TARIFF.

BOUGHT A CAR RECENTLY, IMAGINE
20% EXTRA.

THERE IS A DISPARITY BETWEEN THE
LEVEL OF TARIFFS THAT THERE E.U.

HAS AND WE HAVE, THERE ARE TWO
SIDES TO THAT RELATIONSHIP --

I DON'T KNOW IF THE 20% WOULD
BE ADDED ON TOP OF THE 25%, BUT

IN EITHER CASE IT WOULD
SIGNIFICANTLY BLOW PAST EUROPE'S

LEVEL OF TARIFFS RIGHT NOW. AND
COINCIDENTALLY TODAY VOLVO IS

COUNTRY OTHER THAN DONALD TRUMP
KNOWS THIS, BUT INTERNATIONAL

CAR COMPANIES MAKE A TON OF CARS
IN THE U.S., SO THEY ARE GOING

TO DO THAT, IT'S EXPECTED THAT
IN THE NEXT FEW YEARS THEY WILL

BE PUMPING OUT HUNDREDS OF
THOUSANDS OF CARS FROM THIS ONE

PLANT, AND WHILE ANNOUNCING IT,
THEY ARE VERY EXCITED ABOUT IT,

THEY ALSO DECIDED TO TALK A BIT
ABOUT THE TARIFFS.

IN THE 1800S, ONE FOURTH OF
OUR POPULATION LEFT FOR THE

UNITED STATES AND HELPS TO BUILD
THIS WONDERFUL COUNTRY, AND WE

REALLY CONTINUE TO DO THAT, SO
WE ARE ACTUALLY EMPLOYING

DIRECTLY IN SWEDISH COMPANIES
365,000 AMERICANS.

THAT WE ARE ACTUALLY THE 15TH
LARGEST INVESTOR IN THE UNITED

I HAVE TO BE FRANK,
THOUGH, WE ARE A BIT WORRIED

ABOUT THE TRADE AGENDA TODAY
THAT WE SEE IN THE UNITED

STATES, AS WE ARE LOOKING TO
INVEST MORE IN THE UNITED

STATES, TRADE MORE WITH THE
UNITED STATES, WE ARE WORRIED

ABOUT THE STEEL AND ALUMINUM
TARIFFS THAT ARE PUT ON THE

EUROPEAN UNION AND OF COURSE
EXTREMELY WORRIED WHEN IT COMES

TO POSSIBLE CAR TARIFFS, WHICH I
THINK A PLANT LIKE THIS DOES NOT

NEED THAT BECAUSE WE ARE ALL
PART OF GLOBAL VALUE CHAINS AND

THAT IS WHAT CREATES THE JOBS WE
HAVE TODAY AND THAT'S HOW THE

SO THOSE OF YOU
WHO HAVE A POSSIBILITY TO

INFLUENCE, I REALLY HOPE YOU CAN
BRING THIS MESSAGE FORWARD

BECAUSE EUROPE AND THE UNITED
STATES, WE ARE THE BEST OF

FRIENDS, IF ONE CAN PUT IT SO
SIMPLE, IN THE WORLD, AND WE

SHOULD REALLY WORK TOGETHER TO
SOLVE THE WORLD'S PROBLEMS, ALSO

ON TRADE ISSUES, SO I READY HOPE
WE CAN CONTINUE THAT GOOD

COLLABORATION AND REALLY CREATE
BONDS THAT MAKE US STRONGER AND

NOT WEAKER, WHICH I'M A BIT
WORRIED WE ARE DOING RIGHT NOW

WE'LL HAVE TO SEE IF HE GETS
THAT MESSAGE.

THE WHOLE THING ABOUT TRADE
WARS, AND I JUST FAIL TO

UNDERSTAND THE ECONOMIC ARGUMENT
FOR THEM, SO THEREFORE WE GO

BACK TO TRUMP IS DOING IT
BECAUSE HE CAN, HE WANTS TO, HE

FEELS UPSET ONE DAY AT SOME
COUNTRY AND DECIDES HERE, WE'LL

SLAP ON A STEEL AND ALUMINUM
TARIFFS, MAYBE WE WILL TAKE IT

OFF OR PUT IT BACK ON, BUT SHE
SAYS SWEDISH CARMAKERS EMPLOY

350,000 U.S. WORKERS, THAT MANY
U.S. PEOPLE HAVE REAL JOBS

BECAUSE OF THOSE COMPANIES IN
OUR COUNTRY.

ON EXTRA TARIFFS ON THEIR
PRODUCTS THOSE PEOPLE START TO

AND FROM HIS PERSPECTIVE,
GOING BACK TO WHAT SHE SAYS IS

VERY INTERESTING, WEAKENING
THESE RELATIONSHIPS, WHEN YOU

START TO HAVE TRADE WARS, WHEN
YOU START TO DO TIT FOR TAT, 25%

HERE, 50 BILLION HERE, 200
BILLION ON CHINA, THAT STARTS TO

ESCALATE THE INABILITY OF THE
UNITED STATES OR ANY COUNTRY

THAT'S ABLE TO START THAT TO
ACTUALLY NEGOTIATE BETTER TRADE

AGREEMENTS ON ALL PRODUCTS FOR
ALL WORKERS THROUGHOUT ALL OF

THE WORLD, IT REDUCES THE VERY
POSITION THAT HE SAYS HE'S

TRYING TO INCREASE BY VIRTUE OF
THE FACT THAT IT WILL REDUCE

WORKERS, IT WILL REDUCE JOBS AND
SO FORTH IN THE UNITED STATES

AND THROUGHOUT THE WORLD, IT
WILL ALSO HARM OUR DIPLOMATIC

RELATIONSHIP WITH OUR NEIGHBORS,
WITH CANADA AND MEXICO, WITH

-- ONE IS THE FUNNY PART WHICH
IS NIKKI HALEY WAS IN THE

AUDIENCE BECAUSE SHE'S THE
FORMER GOVERNOR OF SOUTH

CAROLINA WHERE THE PLANT IS,
SHE'S NOW OF COURSE THE U.S.

AMBASSADOR TO THE UNITED
NATIONS, SO SHE'S SMILING ALL

ALONG AND THEN THE AMBASSADOR
GETS TO THE PART OF HOW THE

TARIFFS ARE BAD AND NIKKI HALEY
IS LIKE -- AND APPARENTLY SHE

OF YOU WHO CAN DO SOMETHING, SHE
HEARS THAT, SHE'S GONE.

KNOW IF SHE TOOK OFF IN A VOLVO
-- AND THEN THIS VOLVO CEO CAME

AND SAID MORE STUFF THAT WAS
TOUGH AGAINST THE TRUMP

DEMONSTRATION BUT HALEY IT
ALREADY FLED FROM THE BUILDING.

AND HER POINT ABOUT -- I DIDN'T
KNOW THAT A QUARTER OF SWEDEN

HAD MOVED TO THE U.S. IN THE
1800S, THAT'S WONDERFUL.

AREN'T WORKING WITH OUR TOP
ALLIES IN THE WORLD, AND I

IMAGINE EVEN THE RIGHT WING
WOULD SAY SWEDEN, NORTHERN

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Trumps Easy To Win Trade Wars Not Going So Well

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