This is a Calculated Strategy, Peter Navarro Says

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.8 • 1.2K Ratings

🗓️ 26 March 2018

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

James Glassman, JPMorgan Head Economist for Commercial Banking, says he does not like the sound of tariffs. Antony Phillipson, British Consul General to New York & Her Majesty’s Trade Commissioner for North America, says the U.S. and U.K. should spend more time teaching each other how their trade systems work. Peter Navarro, White House National Trade Council Director, says the administration's steel and aluminum tariffs are a calculated strategy for the American people. James Hertling, Bloomberg News EMEA Managing Editor, joins to review the news that President Trump will expel 60 Russian diplomats.

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Transcript

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0:00.0	To me, context is about pattern recognition.
0:02.8	It's connecting the dots.
0:04.4	It's giving readers an ability to synthesize
0:07.6	a number of different perspectives
0:09.2	so they can understand how the greater whole works,
0:12.0	because nothing really occurs in isolation anymore.
0:14.4	I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion.
0:18.0	On our platform, we ask tough questions and solve complex problems with the facts in mind.
0:23.0	Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg Surveillance Podcast, 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,
0:48.1	and international relations.
0:49.8	Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com and of course on the
0:56.4	Bloomberg.
0:57.4	The news over the weekend softening the trade war talk was the Treasury Secretary
1:08.6	Stephen Manuchin speaking to Fox News on Sunday we're having very productive conversations with the Chinese.
1:15.2	I'm cautiously hopeful that will reach an agreement.
1:19.2	Jim Glassman with us, J.P. Morgan, head economist of commercial banking here in New York.
1:23.4	Jimmy, you cautiously hopeful they'll reach an agreement with the Chinese?
1:26.8	Yeah, you know, because obviously we don't like the sound of tariffs.
1:30.6	Tariffs remind us of global trade wars from 100 years ago in 1930s
	...

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