With Bloomberg you get the story behind the story, the story behind the global birth rate,

behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything. Go to Bloomberg.com to get context. 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 dot com and of course on the

Bloomberg the interview of the day on international And of course, the Bloomberg.

The interview of the day on international economics and trade and with China, John Farrell, without question,

Catherine Mann, long ago of Brandeis and other points in OECD and now darkening the door at Fortress

Corbat. 2004, Peterson Institute, breaking up is hard to do global codependency,

collective action, and the challenges of global

adjustment light years out in front of others on the China-US matter, Catherine Mann.

John? A world-class economist that really didn't need much of an introduction at all,

Citigroup Global Chief Economist.

Good morning to you, Catherine.

Thank you.

Great to see you.

Let's walk through with that co-dependency.

Have we given enough thought to the fallout of two of the largest economies

in the world essentially going at it with each other?

I think the answer is no.

I think the stock market has gyrated a little bit but has not fully

appreciated the potential for a divorce and that certainly is something that

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