There's so much news happening around the world that we're somehow supposed to stay on top of.

That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart

Radio that turns down the volume a bit to give you some space to think.

I'm Wes Kossova.

Each weekday I dig into one important story and talk about why it matters.

Listen to the big take on the I Heart Radio app,

Apple Podcasts, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene.

Daily, we bring you insight from the best in economics, finance, investment,

and international relations.

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. We begin with our top story according to people familiar with the matter

President Donald Trump is considering pushing back the deadline for

imposition of higher tariffs on Chinese imports by a full 60 days as the

world's two biggest economies try to negotiate a solution to their trade dispute.

Jo joining us here in New York I'm pleased to say is Chris Morangi Gabali Funds Co chief investment officer.

Good morning to you Chris.

Good morning, glad to be here.

Let's talk about the prospect of a grand bargain between the Chinese and the United States.

Your view?

Unlikely.

I think we get a minor bargain, perhaps, that kicks the can down the road,

avoids the tariffs coming in and March 1st. But beyond that I don't think we get nearly

the scope that the president is looking for.

...