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MSNBC is driving thin-based story on President Trump, Finance; reaction and analysis on ‘the Five.’
President Trump, defended in an extensive Fox News Radio interview on Thursday with Brian Kilmeade, iron his handling of the trade war with China, with the argument that the disputed rates are his “primary” Instrument for negotiations and that they work.
“You come to the table,” Trump said.
The President also confirmed that the negotiators are working on a U.S. troop drawdown in Afghanistan, but offered assurances that the United States would hold a “presence” in the country. “We go down to the approximately 8,600 [troops], and then we will make a determination from there what happens,” he said.
JOINT CHIEFS OF STAFF CHAIR ON AFGHANISTAN: ‘NOT WITH THE ‘WITHDRAW’ WORD, NOW’
“We are not over there for the war—we just added cops,” trump. “We could win the war so quickly, if I wanted to kill 10 million people, Brian, but I don’t think so. I’m not going to kill the search, a large part of this country.”
To be the president ‘ s comments as the United States and the Taliban seemed to be approaching a business, in which US forces were to withdraw, in exchange for guarantees that Afghanistan would not become a haven for other terrorist groups.
The President, in an interview called Afghanistan, “the Harvard-University of terror”, by saying that the people “were trained and then you have tyres, the World Trade Center suit.”
“We have told the watch, Afghanistan,” Trump. “I don’t know if the offer is still going to happen.”
About 14,000 U.S. troops remain in Afghanistan, advise and assist the Afghan forces and the implementation of the Anti-terrorist operations against the ISIS terror network in the Afghan partners and other extremist groups, including Al-Qaeda.
The US Invasion in Afghanistan in the Wake of the 9/11 attacks in 2001, at the beginning of an 18-year commitment, the longest in the history of the United States. The conflict that has killed more than 2,000 American troops and injured more than 20,000 and a cost of almost a trillion dollars since 2001.
In the year 2017, Trump announced plans to raise a 4,000-troop, as part of efforts to break the stalemate in the country, but he has in the direction of the acceptance of a gradual withdrawal of the troops-wise.
This week, Marine Corps Gen. Joe Dunford, the Chairman of the Joint Chiefs of Staff, though, said it is too early to speak about a full withdrawal from the country.
“I’m not said with the ‘withdrawal’ word now,” Dunford. “It is our judgment that the Afghans need support in dealing with the violence in the country today.”
TRUMP STANDS FIRM ON CHINA TRADE WAR
Trump also was asked about the trade war between the US and China, maintaining that he believed Beijing would eventually be an agreement with the United States
“China wants to make a deal,” Trump said, noting that to lose the Land, “millions and millions of jobs.” “I think they want to make a deal, I kind of think you have to make a business. We’ll see what happens.”
“China has said has been ripping us off for billions and billions of dollars, to be demolished as babies—Obama, Bush and Clinton—I was doing what needed to be done,” Trump.
“I got a lot of bad hands and we will win with each of them.”
The President added that fentanyl, an opioid pain reliever from China would be “a part of my business.”
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“President Xi, who is a very strong leader, said he has a lot of power to get rid of this fentanyl. The fentanyl is part of the deal, whether it pleases the people or not.”
Trump hinted that it planned to complete the negotiations “on another level” with China, for Thursday, and said further talks are planned.
Trump, after the G-7 summit in France, said that despite the escalation of tariffs on both sides, he thinks that China wants to “make a deal.” And he told reporters earlier this week, when pressed about the consequences of this battle, “Sorry, it’s the way I negotiate.”
This week, there were rapid developments in the trade battle between the United States and China. The President, after urging American companies to leave China over the weekend, threatened to declare a national emergency and you freeze these relationships—such as China, retaliatory duties on $75 billion in U.S. goods and the trump administration imposed announced increased duties on $550 billion in Chinese goods.
The yuan slipped to 7.1487 to the dollar on Monday—a dive to the Treasury Department, officially China a currency manipulator. The Treasury Department said it will work with the International monetary Fund would, to try to address the “unfair competitive advantage created by China and on the latest promotions.”
But the yuan slides could ultimately help fight the local exporters that want their products to be less expensive for the international buyers. People’s Bank of China Governor Yi Gang, though, not “has insisted that China is engaged in competitive devaluation.”
Over the weekend, Minister of Finance, Steven Mnuchin told reporters that “if China would agree, a fair and balanced relationship, which we would write that in a second.”
The trade war has not crashed, only the affected, the Chinese and Asian markets, US markets, with the Dow Jones Industrial Average plummeting more than 600 points on Friday after the recent escalation between the US and China. The large drop in the S&P 500 put in its fourth weekly loss.
The Dow’s plunge came after Trump tweeted that he was “ordered hereby,” to consider US companies with subsidiaries in China, to other countries—including the United States
After the market increase swore, closed on Friday, Trump, the existing tariffs on US $ 250 billion in Chinese goods to 30 percent from 25 percent, and that new tariffs on an additional 300 billion U.S. dollars of imports would be 15 percent instead of 10 percent, as promised in may, when the administration announced for the first time, to increase the US, the controversial movement tariffs on Chinese goods after trade talks between Washington and Beijing could not come to an agreement.
Fox News’ Frank Miles and The Associated Press contributed to this report.