Listen: Trump says he will raise U.S. tariffs on Chinese goods
"You have no choice but to vote for me because your 4._0._1._k. John cage down the tubes. Everything's gonna be down. The why is the market went down the tubes today. The president joked today suggesting reading in a tweet that they were reacting to democratic candidates seth moulton leaving the presidential race whoever that may be he said in his tweet seth moulton by the way volunteered to serve this country in war and risked his life doing so risk of course the president refused to bear during the vietnam war. We're not sure how many millions of americans americans watching their 4._0._1._k.'s today. We're laughing more on all of this now from c. n. N.'s abby philip who joins us from the white house abbey what is going on today with this president. Is there concern inside that building about a series of decisions that do not see even to serve the president's interests or the country's interests well. The president at the moment seems to be committed to this trade war with china in fact so much so that he is doubling down on a strategy that a lot of people including shooting some within the white house believe is contributing to the economic uncertainty but it's also clear jim that president trump is worried about the economy he has been lashing out <music> at jay powell the federal law federal reserve chairman who he appointed to that job insisting that powell is responsible for the fact that the economy seems to be slowing and his economic aids are also warning him that by twenty twenty there could be an economic slowdown we've had g._d._p. And and job growth numbers that have not been as <unk> as rosy as the president would like and some of the comments that we've been seeing on social media <hes> his comments about democrats egging on a recession are due to his concerns concerns that this could become a political problem for him and perhaps looking for others to blame it on than himself. What more specifically are you learning about. The terrorists that the president's announced announced late today against china these are significant they are and they add onto what already exists out onto what is coming in the near future now white house house aides the president and his advisors met and huddled in the oval office today to try to come up with some kind of retaliatory plan in response to these chinese tariffs chris and what we're seeing now is that some of the existing tariffs are going to go up from twenty five percent to thirty percent and tariffs that were planned. They planned to go into place on september number. First a three hundred billion dollars worth those tariffs are going to go from ten to fifteen percent so all told the five hundred fifty billion dollars in goods from a chinese companies coming into the united states are going to be tariff or taxed and those taxes are increasingly being borne by american"