Tariffs Are A Job Killer, PIIE's Lovely Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 8 May 2019
⏱️ 31 minutes
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Summary
Mary Lovely, Peterson Institute Senior Fellow & Syracuse University Professor, says U.S. businesses are negatively impacted by the tariffs imposed on China. David Rosenberg, Gluskin Sheff Chief Economist & Strategist, says there's way too much risk in the market. Priya Misra, TD Securities Head of Global Interest-Rates Strategy, doesn't foresee a recession in the data. Golnar Motevalli, Bloomberg Iran Reporter, says the U.S. and Europe are on different sides when negotiating with Iran.
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| 0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
| 0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
| 0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
| 0:13.8 | insights and actionable strategies. We'll have senior government |
| 0:17.1 | officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well |
| 0:21.9 | as speakers from Northland Power, World Bank, Transolta, and many more. |
| 0:26.0 | Register at Bloomberg Live.com I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, |
| 0:53.8 | Bloomberg.com, and of course, on the Bloomberg. |
| 0:57.2 | Lee is with Syracuse University and is a senior fellow the Peterson Institute and she is more |
| 1:07.2 | than wired in on trade. Mary with all of the hysterics right now on trade what do we need to know about the |
| 1:16.4 | process forward the next three days? |
| 1:19.8 | Well we have a lot to watch for over the next three days. |
| 1:23.7 | You're right, it's very interesting times we're living in right now. |
| 1:26.7 | I think that we'll see some probably stability in today because we need to recognize that |
| 1:34.8 | Leohoe who is President Sheden-Ping's main negotiator is on his way to the US and |
| 1:41.6 | and at least that's our belief and that means that negotiations |
| 1:46.4 | continue so there's still quite a bit of hope that we'll get a deal here |
| 1:50.7 | between the United States and China and that we can at least put off for a while the increase in tariffs to President Trump threatened over the weekend. |
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