Surveillance: Nobody Wins A Trade War, Adm. Stavridis Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 7 May 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
Willem Buiter, Citi Special Economic Adviser, says the full package of sanctions on China would be in nobody's interest. Meredith Sumpter, Eurasia Group Head of Research Strategy and Operations, expects onward tariffs and confrontation after a U.S.-China deal. Diane Swonk, Grant Thornton Chief Economist, sees chances of a recession in 2020. Admiral James Stavridis, Bloomberg Opinion Columnist, Carlyle Group Advisor & Former Supreme Allied Commander at NATO, says when studying European history, he learned nobody wins a trade war.
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
| 0:05.5 | That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart |
| 0:11.4 | Radio that turns down the volume a bit to give you some space to think. |
| 0:16.5 | I'm Wes Kossova. |
| 0:18.0 | Each weekday I dig into one important story and talk about why it matters. |
| 0:23.7 | Listen to the big take on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.4 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:47.8 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, |
| 0:56.2 | on the Bloomberg. |
| 1:00.3 | Here in New York to catch out with this is Villam Bauter, city special economic advisor. |
| 1:04.6 | Good morning to you, Villam. |
| 1:06.0 | Good morning. |
| 1:07.0 | Take me into that room on Thursday. |
| 1:09.2 | How much tension? |
| 1:11.9 | Plenty of tension because the threat to impose meaningful additional sanctions to go from 10 to 25 |
| 1:21.2 | on 200 billion worth of trade is a scary one and it will happen at 12 a.m. in the morning on Friday |
| 1:31.1 | sort of within 24 hours of the arrival of Liohe. |
| 1:36.5 | So prospects are worrying. |
| 1:39.1 | We've got to make some real progress on Thursday seemingly. |
| 1:41.4 | From the your team over at City. |
... |
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