Mulvaney on Trump, Panama Canal: It’s a negotiation

Former White House chief of staff Mick Mulvaney said on Monday that President-elect Trump's recent provocations about the U.S. possibly retaking control of the Panama Canal are part of a negotiating tactic to get the rates down. Mulvaney added, however, that Trump has leverage in the negotiating process because he makes “credible” threats. “This is...