Surveillance Special: Trump's Trade Tariffs
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 2 March 2018
⏱️ 34 minutes
🧾️ Download transcript
Summary
The news flow beckoned a bonus episode! Today, Ed Hyman, Evercore ISI Vice Chairman, says once you go down the tariffs road, it gets complicated. Jeffrey Sachs, Columbia University Professor says trade is not about winners and losers, it's win-win. Marc Chandler, Brown Brothers Harriman Senior Vice President of New York & Head of Currency, says a trade war is not easy to win and it is not desirable. Kerry Brown, Chatham House Associate Fellow in the Asia-Pacific Programme & Professor of Chinese Studies, thinks China was expecting this.
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Transcript
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| 0:00.0 | Do you love Elon Musk? Do you hate Elon Musk? Do you have no idea what to think about Elon Musk? |
| 0:09.0 | Then we have just a show for you. He's become even more larger than life. |
| 0:14.4 | Buying Twitter doesn't get us closer to Mars. They are like really close to the edge of like |
| 0:18.8 | everything falling apart. Like oh Elon I, put a chip in my brain. |
| 0:23.0 | Each week on this podcast will break down, analyze, and debate the most important stories on Musk and his empire. |
| 0:30.0 | It's all one big universe. You just work for Elon Inc. From Bloomberg Business Week, this is Elon Inc. |
| 0:37.0 | listen wherever you get your podcasts. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:55.6 | Daily, we bring you insight from the best in economics, finance, investment, |
| 1:00.1 | and international relations. find Bloomberg surveillance on Apple |
| 1:04.3 | podcasts, SoundCloud, Bloomberg.com and of course on the Bloomberg. |
| 1:10.5 | You get lucky and we are lucky on surveillance today scheduled was Edward Hyman |
| 1:14.9 | He of course Evercore Vice Chairman and iconic with his ISI and his daily economic reports what you don't know is Mr Hyman knows the Newtonian mechanics out of engineering |
| 1:26.2 | at Texas and wandered by the Massachusetts Institute of Technology |
| 1:30.9 | a few years ago. |
| 1:32.1 | He joins us this morning and of course I should mention |
| 1:34.5 | Ed you're a board member of the China Institute you are an internationalist. |
| 1:40.0 | Let me show you the president's tweet of 10 minutes ago, bring it up if you would, and this is |
| 1:45.4 | absolutely extraordinary. When a country is losing many billions of dollars on trade with virtually |
| 1:50.8 | every country it does business with trade wars are good and easy to win. |
| 1:55.0 | Example when we are down 100 billion with a certain country, they get cute. |
| 2:01.0 | Don't trade anymore. We win big, it's easy. You and I read Jacob Viner a million |
| 2:06.8 | years ago, this is not easy, is it? |
... |
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