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Viewsroom

Viewsroom: Trump solar tax is more burn than balm

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 25 January 2018

⏱️ 25 minutes

🧾️ Download transcript

Summary

The U.S. president seems to be trying to right past trade wrongs. But business has long since moved on, meaning tariffs on washing machines and solar panels will do more harm than good. Also, Merkel and Modi disappoint in snow-ravaged Davos. Plus: Spotify’s Wall Street snub. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

AI is incredible. They can teach you how to fry an egg and even write a poem, pirate style.

0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

0:14.0

It knows your schedule. It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another

0:22.4

AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot

0:28.8

to learn more. The views expressed on this podcast are those of the participants, not of Reuters' news.

0:39.8

President Trump's import tax on solar panels will cause flare-ups.

0:44.0

India's leader embraces globalism at Davos and will Spotify's direct listing cause others in the IPO

0:50.3

pipeline to cut out investment banks.

0:54.0

These are the topics we'll be discussing on this week's edition of the views room,

0:57.3

a weekly conversation among Breaking Views columnists about the ups and downs of the world of finance.

1:02.1

I'm Jennifer Sabah, and with me in the studio is my co-host, Anthony Curry.

1:05.9

Hello, Anthony.

1:06.9

Hi, Jen. How you doing?

1:08.6

President Donald Trump slath import tariffs on solar panels and washing machines to help boost his America First agenda. The problem is the move will likely hurt more people than it helps. Joining us to explain the machinations of U.S. trade as our colleague in Washington, Chris Bador. Welcome, Chris. Hi, guys. Great to be here. Yeah, great. Well, so let's start with the basic question here.

1:29.3

Why solar panels and washing machines?

1:32.3

What is such a threat with these items?

1:36.3

Yeah, I've got to say, just as Jim was going through the intro, I started laughing.

1:40.3

It's like this is, you're talking about trade wars and you're talking about washing machines. I mean, it's, it's just sounds absurd. Yeah, it's certainly not the most

1:48.4

intuitive pairing that you could possibly imagine. I think, you know, part of it is not just

1:54.2

the issues of the substance. What are these things? You know, washing machines, solar panels.

1:58.6

It's also the process involved. So Trump is prosecuting

...

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