RUSH TRANSCRIPT Not everyone ░░░░░░░░ the White House is ░░░░░░░░ board with this new ░░░░░░░░ plan President Trump s ░░░░░░░░ trade adviser and Steve ░░░░░░░░ were opposed to these ░░░░░░░░ tariffs on Mexico So ░░░░░░░░ this the right plan ░░░░░░░░ the right time Ed ░░░░░░░░ do you through I ░░░░░░░░ the president missed a ░░░░░░░░ opportunity here He has ░░░░░░░░ out and met with ░░░░░░░░ people like Kim Jong ░░░░░░░░ and developed these personal ░░░░░░░░ and tried to get ░░░░░░░░ results He could have ░░░░░░░░ that with Mexico s ░░░░░░░░ Instead he decided to ░░░░░░░░ a tax on the ░░░░░░░░ people If you were ░░░░░░░░ Texan what this 5 ░░░░░░░░ does is it raises ░░░░░░░░ on Texans by 5 ░░░░░░░░ billion If it goes ░░░░░░░░ 25 it will go ░░░░░░░░ to 28 in terms ░░░░░░░░ the tax Very very ░░░░░░░░ to us as Americans ░░░░░░░░ opposed to Mexico Although ░░░░░░░░ Mexico pest so got ░░░░░░░░ I think ultimately it ░░░░░░░░ hurt Mexico more than ░░░░░░░░ We don t have ░░░░░░░░ buy these things that ░░░░░░░░ across Speak for yourself ░░░░░░░░ love guacamole We know ░░░░░░░░ president s style is ░░░░░░░░ carrot and stick approach ░░░░░░░░ stick came first Now ░░░░░░░░ Corke just mentioned Kellyanne ░░░░░░░░ there was a question ░░░░░░░░ meeting with Mexico She ░░░░░░░░ say they re on ░░░░░░░░ way She was also ░░░░░░░░ will this jeopardize USMCA ░░░░░░░░ said it should not ░░░░░░░░ goes on parallel tracks ░░░░░░░░ could approach this and ░░░░░░░░ could work on this ░░░░░░░░ the same time and ░░░░░░░░ the immigration policy Kat ░░░░░░░░ hope that this is ░░░░░░░░ Trump doing that thing ░░░░░░░░ he comes out with ░░░░░░░░ really bold and big ░░░░░░░░ kind of scary sounding ░░░░░░░░ it just amounts to ░░░░░░░░ Tariffs are a tax ░░░░░░░░ the American consumer I ░░░░░░░░ that he wants Mexico ░░░░░░░░ feel the pain but ░░░░░░░░ consumers will feel the ░░░░░░░░ I want to push ░░░░░░░░ on that There s ░░░░░░░░ a single person that ░░░░░░░░ this is the way ░░░░░░░░ works First the currency ░░░░░░░░ adjusted The U S ░░░░░░░░ up up 3 That ░░░░░░░░ wipes out the 5 ░░░░░░░░ exporters take a lower ░░░░░░░░ If Mexico or China ░░░░░░░░ us something at 10 ░░░░░░░░ don t have customers ░░░░░░░░ it they sell it ░░░░░░░░ 9 That s why ░░░░░░░░ s economy is getting ░░░░░░░░ The stores take a ░░░░░░░░ vendors take a bite ░░░░░░░░ any store can raise ░░░░░░░░ 25 Woolworth would be ░░░░░░░░ business Sears would still ░░░░░░░░ in business Let s ░░░░░░░░ beyond that That s ░░░░░░░░ fallacy that somehow any ░░░░░░░░ can take any price ░░░░░░░░ raise it 25 That ░░░░░░░░ a fallacy If a ░░░░░░░░ could raise prices 3 ░░░░░░░░ their stock goes higher ░░░░░░░░ do want to bring ░░░░░░░░ up Nancy Pelosi has ░░░░░░░░ statement I have to ░░░░░░░░ you about that She ░░░░░░░░ saying listen of course ░░░░░░░░ mentioned the USMCA She ░░░░░░░░ that president will join ░░░░░░░░ immigration reform I think ░░░░░░░░ s what everybody wants ░░░░░░░░ is stopping that It ░░░░░░░░ be nice to get ░░░░░░░░ The president has agreed ░░░░░░░░ backed out on his ░░░░░░░░ statements five or six ░░░░░░░░ The challenge with this ░░░░░░░░ with these tariffs even ░░░░░░░░ it may be a ░░░░░░░░ and stick the U ░░░░░░░░ Consumer is getting the ░░░░░░░░ now J P Morgan ░░░░░░░░ this the make abysmal ░░░░░░░░ plan You know we ░░░░░░░░ 3 2 after a ░░░░░░░░ s tariffs on China ░░░░░░░░ this carrot thing came ░░░░░░░░ on Mexico It s ░░░░░░░░ gone into effect We ░░░░░░░░ talking about immigration and ░░░░░░░░ Let s talk about ░░░░░░░░ here In April 109 ░░░░░░░░ illegal immigrants apprehended Many ░░░░░░░░ 100 000 In February ░░░░░░░░ 000 Every one of ░░░░░░░░ numbers are up 100 ░░░░░░░░ more year over year ░░░░░░░░ isn t a crisis ░░░░░░░░ happened with Trump s ░░░░░░░░ It s been in ░░░░░░░░ a long time Let ░░░░░░░░ be honest Isn t ░░░░░░░░ just a better political ░░░░░░░░ for Democrats that they ░░░░░░░░ made a calculation that ░░░░░░░░ long as this is ░░░░░░░░ issue it s better ░░░░░░░░ them with voters It ░░░░░░░░ not just an issue ░░░░░░░░ Democrats or politicians We ░░░░░░░░ 16 billion paying farmers ░░░░░░░░ the hurt we caused ░░░░░░░░ We re talking about ░░░░░░░░ let s not conflate ░░░░░░░░ things I m talking ░░░░░░░░ immigration policy that by ░░░░░░░░ way unaccompanied children almost ░░░░░░░░ 000 in April The ░░░░░░░░ are staggering Why aren ░░░░░░░░ the Democrats doing anything ░░░░░░░░ this You need the ░░░░░░░░ and the Senate to ░░░░░░░░ along We ve had ░░░░░░░░ on Hold on Multiple ░░░░░░░░ We ve had agreements ░░░░░░░░ eight people This predates ░░░░░░░░ Trump Because I mean ░░░░░░░░ ve been waiting longer ░░░░░░░░ immigration law than the ░░░░░░░░ Game of Thrones book ░░░░░░░░ s the problem with ░░░░░░░░ Trump is doing There ░░░░░░░░ an immigration crisis and ░░░░░░░░ worse If Trump in ░░░░░░░░ this yes American consumers ░░░░░░░░ buy products elsewhere and ░░░░░░░░ would Neil We agree ░░░░░░░░ will you will create ░░░░░░░░ commit issue in Mexico ░░░░░░░░ makes the problem worse ░░░░░░░░ we know Mexico is ░░░░░░░░ the way and hopefully ░░░░░░░░ will mitigate this I ░░░░░░░░ t think it will ░░░░░░░░ Mexico has said they ░░░░░░░░ not going to respond ░░░░░░░░ economic threats They will ░░░░░░░░ think they will If ░░░░░░░░ launch a retaliatory tariff ░░░░░░░░ could America as well ░░░░░░░░ could We have a ░░░░░░░░ strong economy right now ░░░░░░░░ we re asking Mexico ░░░░░░░░ to do just enforce ░░░░░░░░ immigration rules that you ░░░░░░░░ on the books I ░░░░░░░░ we had more time.