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Speaker 1: I'm Charlie Pellet. Moments ago we heard from sales Force
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Speaker 1: tenths of one percent. I'm Charlie Pellet, and that's a
Speaker 1: Bloomberg Business splash. This is taking stock with Pim's Box
Speaker 1: and Kathleen Hayes on Bloomberg Radio Donald Trump UH and
Speaker 1: a candidate for the US presidency, the actual Mexican President,
Speaker 1: their meeting this afternoon. The it was the meeting was
Speaker 1: announced just hours beforehand, but apparently there was an agenda
Speaker 1: already hammered out by both sides to set this up. Now,
Speaker 1: this is the same Donald Trump who famously said, as
Speaker 1: his campaign was getting off the ground during the primaries
Speaker 1: that the US would build a wall with Mexico to
Speaker 1: keep out illegal immigrants and Mexican would Mexic would pay
Speaker 1: for it. This just you kind of wonder if this
Speaker 1: is you know, Lamb's lying down with lions or what.
Speaker 1: But anyway to make sense for it. Now, we're very
Speaker 1: happy to welcome back to the show from our Bloomberg
Speaker 1: Politics team, Mike NEETs. In fact, he's the executive editor
Speaker 1: for Bloomberg Politics. A Mike, what's going on the world
Speaker 1: is a complicated place, isn't it though? And fascinatingly interesting? Yes,
Speaker 1: And we're all kind of struggling to compute all the
Speaker 1: angles here on what's going on today. And and like
Speaker 1: you said, what we started thinking about just a few
Speaker 1: hours ago late last night. Um, you know, Trump has
Speaker 1: a lot to gain by going abroad and and uh
Speaker 1: looking presidential and standing shoulder shoulder with the leader of
Speaker 1: another nation, especially one that he uh, a nation that
Speaker 1: he's criticized so heavily during his campaign. UM, and the
Speaker 1: Mexican leader apparently had had a lot to gain to
Speaker 1: his His approval ratings in Mexico are extremely low right now.
Speaker 1: He's heading into a State of the Union later this week,
Speaker 1: and he's got a few he's got a plagiarism scandal
Speaker 1: dealing with that he's dealing with too, So I think
Speaker 1: he wanted to change the subject. So is how unusual
Speaker 1: is it for uh a sitting president of any country
Speaker 1: to meet with someone who's running for office from the
Speaker 1: United States. It's six extremely unusual, and especially in this
Speaker 1: formula of a setting. Uh. We really can't think of
Speaker 1: another time that this has happened. Obviously, Uh there's that
Speaker 1: that old saying about politics stops at the water's edge
Speaker 1: for for Americans and UH, and that there's no parties
Speaker 1: once you go abroad, but when you're campaigning on one side,
Speaker 1: that's kind of different. And I think there's there's even
Speaker 1: some uh, some serious uh ways that this expresses itself,
Speaker 1: such as, UH, whether Donald Trump can actually engage in
Speaker 1: negotiations with a foreign leader as opposed to discussions. So
Speaker 1: I think they're they're being very careful and describing everything
Speaker 1: happening today and everything happened in the run up to
Speaker 1: this meeting as discussions and not anything more serious response
Speaker 1: from the Clinton camp. Yeah, they're they're trying to remind
Speaker 1: everyone about how how harsh Donald Trump has been towards
Speaker 1: Mexico and how uh no matter what happens today, it
Speaker 1: won't change the fact that he that that he said
Speaker 1: certain things and that he stands for certain things. So
Speaker 1: they're really trying to focus on the substance rather than
Speaker 1: the you know, the style of this event. So this
Speaker 1: is obviously occurring today. Donald Trump is getting ready to
Speaker 1: give a speech on immigration. How do we gonna how
Speaker 1: do you expect what happens to day to weave into
Speaker 1: that speech? So yeah, I think if you take a
Speaker 1: step back and look look at what people were saying
Speaker 1: about Trump and his immigration proposals maybe two weeks ago, uh,
Speaker 1: it looked like he was a bit of a mess.
Speaker 1: He was him and his advisers were saying a lot
Speaker 1: of contradictory things about what he stood for and what
Speaker 1: he didn't stand for. UM, it was very confusing. They
Speaker 1: canceled an immigration speech once they they looked like they
Speaker 1: were really they were also in the middle of overhauling
Speaker 1: the campaign that UH, Paul Mantaforth, the former campaign chairman
Speaker 1: left and and uh two others took over, and so
Speaker 1: that they kind of looked like they didn't they weren't
Speaker 1: sure about what they were going to do. But that
Speaker 1: has culminated, it culminated today with this kind of bold
Speaker 1: series of events that look that that look like the
Speaker 1: product of a lot of planning. Okay, Hispanic leaders in
Speaker 1: the United States, elected officials, leaders of various organizations. One
Speaker 1: are some of the latest things they've said. Do we
Speaker 1: have any response today for many of those people about
Speaker 1: Trump meeting with and the opinion yet Mexico's president. Yeah,
Speaker 1: so the meeting is going going on right now, So
Speaker 1: I'm really curious to hear what they think once it's over.
Speaker 1: But I think the the uh, the comments that I
Speaker 1: saw before and earlier today, we're all quite negative, you know,
Speaker 1: kind of in the spirit of what Hillary Clinton said
Speaker 1: that that he said a lot of things and he
Speaker 1: stands for a lot of things, and no meeting can
Speaker 1: So what if Donald Trump says comes out and says,
Speaker 1: you know what, I think Mexico is a great country.
Speaker 1: I think Mexicans are great people, and I think he
Speaker 1: has said words to that effect. What he said is
Speaker 1: he thinks that there's too many Mexican criminals. He's visiting
Speaker 1: the said rapists who are immigrating. He's also said he
Speaker 1: thinks that illegal immigration not going through the proper channels
Speaker 1: is wrong. So what if he says, I still think that.
Speaker 1: But guess what, I know that we have tons of Hispanics,
Speaker 1: you know, children of immigrants who got who legally I'm
Speaker 1: all for them, I'm all for the country. Does that
Speaker 1: somehow start treating the tide for Donald Trump. So it's
Speaker 1: certainly a softening, it's certainly something worth trying for him. Uh.
Speaker 1: It's it's unclear whether his policies can change that much
Speaker 1: given the coalition he's put together so far. But if
Speaker 1: he saw softens on certain things such as those, he
Speaker 1: might be able to attract more of the areas he's
Speaker 1: struggling with, such as women. When you say the coalitions
Speaker 1: put together to be mostly white men as opposed to
Speaker 1: Hispanic or African America. What do you mean by so
Speaker 1: not so? White men and women without college degrees are
Speaker 1: kind of the main core, and they it is cool
Speaker 1: in the people running his campaign you mean his followers,
Speaker 1: then he's solition. Okay, So what does he have to
Speaker 1: do in your mind? You got about thirty seconds left her.
Speaker 1: I mean, is there anything he can do to convince
Speaker 1: the rank and file, the people on the street, the
Speaker 1: middle the middle class of this country who are descended
Speaker 1: for um, you know, Hispanic immigrants, that he is on
Speaker 1: their side somehow. So I really think we have to
Speaker 1: take this day by day. Donald Trump may and today
Speaker 1: very positively. You know, he he might have gone all
Speaker 1: the way to Mexico, had a productive discussion and then
Speaker 1: uh precedent with with the Mexican president deliver speech. It
Speaker 1: could all be uh, it could all be quite substantive.
Speaker 1: But he's got put together a lot more days. It's
Speaker 1: gonna make that presidential debate all the more interesting. Mike
Speaker 1: needs to thank you so very much, executive editor for
Speaker 1: Bloomberg Politics. I want to thank Reggie Basil, our technical director,
Speaker 1: Sam linga Are, producer Pim Fox on vacation. Hi, Pim,
Speaker 1: come back soon. I'm Kathleen Hayes, and this is Bloomberg.
Speaker 1: Coming up on Bloomberg Law. The federal government lodging some
Speaker 1: antitrust complaints against Deer and Mons Santo. Greg Store from
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