Latest / NO FILTER / _There is no off ramp__ Joe warns Trump won_t _back down_ on tariffs despite court ruling(MP3_160K)

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_There is no off ramp__ Joe warns Trump won_t _back down_ on tariffs despite court ruling(MP3_160K) · NO FILTER

• 0:00
  Speaker 1: The trum administration also saying that this is far from over.
• 0:02
  Speaker 1: They've already part of Justice has already sent notice they're
• 0:05
  Speaker 1: going to appeal. There is a sense that could end
• 0:08
  Speaker 1: up in the Supreme Court. And I am told that
• 0:10
  Speaker 1: there is no rethinking of strategy, at least not yet
• 0:14
  Speaker 1: from the President. I know there was some speculation last night,
• 0:16
  Speaker 1: some wishful thinking perhaps from some other Republicans I heard
• 0:19
  Speaker 1: from that this may be an off ramp for President Trump,
• 0:22
  Speaker 1: that you could blame the courts but then actually back
• 0:25
  Speaker 1: away from some of the tariffs because of the impact
• 0:28
  Speaker 1: on the markets, because of the impact potentially down the
• 0:30
  Speaker 1: road on the economy if these deals don't go through
• 0:33
  Speaker 1: and we start seeing supply chain issues and the like.
• 0:35
  Speaker 1: But this is Joe, as you well know. Some of
• 0:37
  Speaker 1: the president has believed it for a very long time,
• 0:39
  Speaker 1: and at least now I'm told he doesn't planned altercourse.
• 0:43
  Speaker 2: So I'm going to say this slowly so our billionaire
• 0:47
  Speaker 2: friends on Wall Street and our multi millionaire friends on
• 0:52
  Speaker 2: Wall Street who trade every day can understand it. You
• 0:59
  Speaker 2: thought that Donald Trump was just talking when he kept
• 1:03
  Speaker 2: campaigning and promising to provide tariffs, He wasn't he's been
• 1:09
  Speaker 2: saying that since nineteen eighty seven, and I have it
• 1:12
  Speaker 2: on very good authority that people that are saying Donald
• 1:17
  Speaker 2: Trump is backing down on tariffs and there's an off ramp,
• 1:22
  Speaker 2: that Donald Trump does not believe there is an off
• 1:24
  Speaker 2: ramp for tariffs, and people running around saying that he
• 1:28
  Speaker 2: always backs down or he chickens out. Why don't you
• 1:31
  Speaker 2: just invite him to put more tariffs on more countries.
• 1:36
  Speaker 2: He's not backing down on tariffs. It is one of
• 1:40
  Speaker 2: the driving forces of his political life and his political being.
• 1:46
  Speaker 2: There is no offram. All right, let me say that again.
• 1:50
  Speaker 2: There is no off ram.
• 1:51
  Speaker 3: He is going to continue looking for opportunities to put
• 1:57
  Speaker 3: tariffs on other countries that he believes have an unfair
• 2:01
  Speaker 3: trade advantage on us, whether we believe it, whether Wall
• 2:04
  Speaker 3: Street traders believe it or not, whether economists believe it
• 2:08
  Speaker 3: or not.
• 2:08
  Speaker 2: There is no offerd. Okay, well, I just these are
• 2:13
  Speaker 2: supposed to be the smartest financial mindset world. They're four frove.
• 2:16
  Speaker 2: I keep misweeding him. There's not the same. There's not
• 2:19
  Speaker 2: an off ramp on this. He believes in tariffs. He's
• 2:23
  Speaker 2: going he's going to continue to believe in tariffs and
• 2:26
  Speaker 2: saying that he's chicking chickening out, or that there's an
• 2:29
  Speaker 2: off ramp on tariffs. As Jonathan said, it's wishful thinking.