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Date
Summary
Steve Moore: China Will Be the Biggest Loser on Nippon Steel Deal
Subjects
Source
CNN
Name: CNN
URL: http://www.cnn.com/
Show
CNN Newsroom
Name: CNN Newsroom
URL: https://www.cnn.com/shows/newsroom
Persons
Stephen/Steve Moore
, Omar Jimenez
Name: Stephen/Steve Moore
Employment: Heritage Foundation
Position: Co-Founder
Name: Omar Jimenez
Employment: CNN
Position: Correspondent
Event
Event location
–
Link
–
Original recording
Uploaded
05/26/2025 01:17 am
Owner
JBDiaz (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:01:58
Views
13
Purchases
0
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0
Transcript
JIMENEZ And look tariffs ░░░░░░░░ one piece of the ░░░░░░░░ picture right now Obviously ░░░░░░░░ re watching to see ░░░░░░░░ comes out of any ░░░░░░░░ markups to what passed ░░░░░░░░ the House side of ░░░░░░░░ bill But also you ░░░░░░░░ got the downgrading the ░░░░░░░░ s downgraded the credit ░░░░░░░░ There are a lot ░░░░░░░░ just different factors I ░░░░░░░░ leave it there But ░░░░░░░░ you were working as ░░░░░░░░ economic advisor for President ░░░░░░░░ right now what would ░░░░░░░░ tell him the priority ░░░░░░░░ be or if there ░░░░░░░░ anything in particular that ░░░░░░░░ we should keep an ░░░░░░░░ on this MOORE Well ░░░░░░░░ was some other breaking ░░░░░░░░ if I may in ░░░░░░░░ of that press conference ░░░░░░░░ dealt with the economy ░░░░░░░░ that was one of ░░░░░░░░ strongest comments I ve ░░░░░░░░ from Trump saying Look ░░░░░░░░ want this deal to ░░░░░░░░ done on Nippon Steel ░░░░░░░░ is the Nippon Steel ░░░░░░░░ U S Steel which ░░░░░░░░ believe is a good ░░░░░░░░ for investors it s ░░░░░░░░ good deal for American ░░░░░░░░ it ll bring a ░░░░░░░░ of money into the ░░░░░░░░ States Trump has been ░░░░░░░░ to do that but ░░░░░░░░ basically said they have ░░░░░░░░ new deal where the ░░░░░░░░ America will still own ░░░░░░░░ significant part of that ░░░░░░░░ think that means that ░░░░░░░░ deal is well on ░░░░░░░░ way to getting done ░░░░░░░░ as I said I ░░░░░░░░ always been very supportive ░░░░░░░░ that multi billion dollar ░░░░░░░░ And by the way ░░░░░░░░ big losers in that ░░░░░░░░ China because China is ░░░░░░░░ to take over the ░░░░░░░░ industry On the tax ░░░░░░░░ my advice to Trump ░░░░░░░░ let s get this ░░░░░░░░ Get the Senate he ░░░░░░░░ got to crack the ░░░░░░░░ Get the Senate to ░░░░░░░░ on this get it ░░░░░░░░ by the 4th of ░░░░░░░░ because I think it ░░░░░░░░ be very positive for ░░░░░░░░ economy As the president ░░░░░░░░ you know you don ░░░░░░░░ get this done and ░░░░░░░░ average family is facing ░░░░░░░░ 30 or 40 or ░░░░░░░░ increase in their taxes ░░░░░░░░ January 1st The other ░░░░░░░░ is so important for ░░░░░░░░ the economy and for ░░░░░░░░ to get these trade ░░░░░░░░ done put the tariffs ░░░░░░░░ little bit behind us ░░░░░░░░ want certainty about where ░░░░░░░░ s all headed If ░░░░░░░░ happens I m pretty ░░░░░░░░ on the U S ░░░░░░░░ frankly.”
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