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Steve Moore on trade: Donald Trump doesn't back down



China’s yuan fell below 7 to the U.S. dollar on Monday, after President Trump threatened to place more tariffs on the Chinese. Heritage Foundation chief economist Steve Moore reacts to China lowering its currency.

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48 comments

  1. Trump need to be careful, he will pay the price and will be out in 2020

  2. Because of your awful hiring practices you can kiss the smooth Business trade with the Chinese good bye. Embarrass you in front of the whole world.

  3. all these lies man! China is not the one who paying for tariffs,American people are,US importers are paying. if they are not capable of innovation, why we fear them so much about their 5g huawei phone. it is economy one on one.what these will bring is a currency war,and cold war. and next with Trump as a president,we would have a race war,hatred war,and civil war.

  4. It's great having a president with stones!

  5. CHINA WONT LOOSE….WE WILL!!

  6. Top 10 lawmakers who received the most money from gun lobbyists during the 2018 election cycle:

    Cruz, Ted (R-TX) Senate $309,021

    McSally, Martha (R-AZ) House $227,928

    Scalise, Steve (R-LA) House $132,831

    Nunes, Devin (R-CA) House $95,093

    Blackburn, Marsha (R-TN) House $85,168

    Heller, Dean (R-NV) Senate $76,713

    James, John (R-MI) Senate $75,099

    Ryan, Paul (R-WI) House $65,347

    Scott, Rick (R-FL) Senate $61,752

    Hawley, Josh (R-MO) Senate $59,760

  7. 加得好。加至过25%. 打死中共。中共倒台。Support Trump. guts. what a wonderful job.. 2020 only Trump.

  8. Then why is Trump pushing to devalue the dollar? Demand interest rate change?

  9. The Chinese are a cancer to humnity hell bent in seeing the US crumple. China would be a third world country without the stealing of us patents.

  10. If trump would have sided with the EU and collectively punished China it would fall faster than Jeremy corbyn's popularity!

  11. Steve is so childish, from his talking he doesn't know China all!

  12. Oops , Russia is reclaiming land and supplying soybean to China . No more soybean from US ???

  13. We claim China is losing but doing the math we owe China trillions lmao.

  14. Yet our jobs have been shipped overseas lol gtfo Trump hypocrite

  15. if what these guys are talking about is true, why are they so concern about china currency manipulation?

  16. i order parts from united states to canada. I pay 63% tariffs on american products to canada….why ? so why not place 100% tariffs on chinese products ? because china pays one of your politicians like a president huge sums in his pocket to accept chinese products tariff free ! very corrupt. Trump is telling the truth and not being paid off by china !! someone gets very wealthy by not taxing chinese products….I pay 63% on american products to canada !!!

  17. He’s taking us down folks 😢

  18. China is a problem for China not the US. If this guy thinks its ok for China to steal our intellectual property hes a nutjob. The market drop is because of interest rates……

  19. You do realize that US patent rights last 20 years. That is long enough that you aren't defending your ability to make money off your idea but prevent other people from improving upon it.
    Also China was okay with improved IP protection, it just wanted those laws to be made by chinese not american. Would the US be happy if Chinese laws governed the US?

  20. Big Tough Guy in the WH has no common sense and doesn’t explain how tariffs work. His foolish minions think they’re hurting China. Good luck with that

  21. But he better be friggin right or were all screwed, cause neither does the chinese !

  22. He knows he's going to lose the trade war, and next he's going to blame the feds.

  23. Keep the pressure on, who wants to deal with a nation that does not respect property rights and steals with pleasure.

  24. How does this greasy-faced fatback, RAPIST charles payne still have a job at fox? Why isn't that garbage rapist in prison?

  25. Gee … and we all thot that trade wars were easy! At least that's what the stable genius
    led us to believe. I guess we're in for another dose of socialism trump style with yet another $16 billion bailout for farmers!!! Alas the Blue States will have to bail out Red States for the decisions of a President elected by the Red States.

  26. Get to the Gate – See 2 signs –
    SURRENDER HERE
    and
    KEEP WINNING

  27. Well Trump wanted to go on trade war with China now let's see how great of a deal maker he is. Low chinese currency means cheaper imports leading to lower tariffs on Chinese products. Well done Donny

  28. DANG! There is way too much make-up on that black man!

  29. Those bankrupted farmers won't all vote for Trump, ditto the coal miners. The people that are losing loved ones to white hateful shooters won't. I think Trump is in very tough and there is a chance he will be voted out.

  30. Ahhhhh yes – currency manipulation.
    The tool the chinese have used for decades.

  31. The real danger arises because the label "currency manipulator" gives Trump the authority to ramp his trade war up into high gear, enacting punitive tariffs and possibly barring the importation of Chinese goods altogether. God only knows what insanity that idiot is going to tweet us into.
    How bad could this get? It could get really, really bad. Freezing up markets with round after round of retaliatory tariffs and tit-for-tat currency devaluation is how you wind up in a recession. Or worse. This is EXACTLY what happened as the Great Depression really got going in the1930s: Everyone erected high tariff barriers and tried to out-compete their trading partners in devaluing (depreciating) their currencies … A few years of that and world trade ground to a near total halt.

  32. TRUMP2020 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  33. Perfect timing by the owned players on wall street to turn up the heat on trumps economy, knowing this will hurt him for re-election !
    Bill Marhe and others have been preaching this point for years…how Trump would loose if the economy went down.. the "if" being the prime word!!!! POTUS needs to raise the tariffs to 50 percent while negotiating new trade deals with others .

  34. The currency will eventually, around the World will be the mark of the beast, Come Lord Jesus Christ

  35. This guy is speaking nonsense. Thump is asking China to change the system, which is absolutely no go . This guy is keeping saying about the IP theft, which is completely misleading. China invited companies to Invest in China by sharing some technology which is on voluntary basis, no body has forced them to do it. This right wing channel is spreading fake news.

  36. Trump is such a loser. Everything he does is a complete failure and Fox News pretends he's unstoppable. It's hilarious.

  37. Trump is Brave Strong Leader.

  38. But he does bend over to get spanked

  39. Trump only backs down if you're a Democrat, grab those guns for the Dems Trump guess who's not getting my vote in 2020!

  40. Smith,Cavuto Wallace must go.

  41. Trump tried to put the guest on the federal reserve board. Even the republicans did not want him

  42. China is finished without America enough of robbing America

  43. Raising tariffs is still a civilized way to fight back as long as we do not send fleets to china. More tariffs please Mr. Trump, let's see if this can achieve your MAGA.

  44. China devaluing their Currency just makes Products made in China cheaper for american Consumers. Thats practically free money that is China giving to Americans. Thats a good thing 👍

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