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Marketplace All-in-One

A look at J.D. Vance’s economic views

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 16 July 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Yesterday, former President Donald Trump announced that Ohio Senator, author and venture capitalist J.D. Vance would be his running mate. But as a populist conservative, Vance’s economic views buck those of the traditional, Republican establishment. We’ll hear more. Also, we’ll hear about the Secret Service’s additional responsibilities besides protecting presidents and unpack how political turmoil and violence might affect the United States’ position in the global business community.

Transcript

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0:00.0

The economic leanings of the man who's just become Republican number two.

0:06.0

I'm David Brancaccio in New York. J.D. Vance, Ohio senator, author, venture capitalist, and millennial is now on the ticket with Donald Trump.

0:14.8

Marketplace's Nancy Marshall Ginser has more now on what voice Vance could offer on matters

0:20.4

of economics, money, and markets.

0:22.3

Vance's economic views buck. matters of economics, money, and markets.

0:23.0

Vance's economic views buck those of the traditional Republican establishment.

0:28.0

He is a populist conservative.

0:30.0

He supported higher tariffs on imports and lowering the value of the dollar to protect U.S.

0:35.8

manufacturing. Vance has also shown up on union picket lines.

0:40.1

Here he is last October visiting striking UAW workers in Toledo, Ohio talking to local

0:46.6

TV station W TVG.

0:48.8

And I've talked to some folks who are worried that every time they dare to speak up at their

0:55.0

own place of business the company threatens to move their job to Mexico like

0:59.1

what the hell is wrong with our country that when workers actually make their voices heard we

1:03.4

should threaten that we're going to move their job to Mexico it's disgraceful.

1:06.6

Vance also led the opposition to the Ukraine aid package in the Senate.

1:10.8

He said Ukraine should stop fighting Russia and negotiate a settlement

1:15.0

instead because it would be impossible for it to reclaim the territory it's lost

1:19.6

to Moscow. I'm Nancy Marshall Genser for Marketplace.

1:24.0

We will get the International Monetary Funds

1:26.8

latest outlook on the world economy

1:29.0

just about two hours from now.

...

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