1
00:00:02,520 --> 00:00:13,440
Speaker 1: Bloomberg Audio Studios, podcasts, radio news. A single best idea.

2
00:00:13,880 --> 00:00:16,159
Speaker 1: What a conversation with Peter Navarro. He and I have

3
00:00:16,239 --> 00:00:18,880
Speaker 1: known each other for decades. He put out a book

4
00:00:18,920 --> 00:00:21,319
Speaker 1: and I think it was in nineteen ninety four that

5
00:00:21,560 --> 00:00:27,000
Speaker 1: was earthshaking, a really aggressive book about US Chinese relationships,

6
00:00:27,000 --> 00:00:31,080
Speaker 1: which began his career of trade in China. This is

7
00:00:31,080 --> 00:00:34,360
Speaker 1: a professor at the University of California at Irvine. The

8
00:00:34,400 --> 00:00:38,040
Speaker 1: way I construct these interviews is understanding that I'm not

9
00:00:38,080 --> 00:00:42,000
Speaker 1: the expert. I went to our Eric Wasson writing with

10
00:00:42,040 --> 00:00:45,280
Speaker 1: Alicia Diaz, but Eric Wasson This Morning and Josh Wingrove

11
00:00:45,800 --> 00:00:49,760
Speaker 1: covering the White House, and they gave me immediate perspective

12
00:00:50,520 --> 00:00:55,560
Speaker 1: on the emotion of the politics in this crazy news

13
00:00:55,600 --> 00:00:58,600
Speaker 1: flow we're having on tariffs, on NAFTA and all that

14
00:00:58,680 --> 00:01:02,800
Speaker 1: followed it, and on trade. Here is Peter Navarro on

15
00:01:02,880 --> 00:01:06,160
Speaker 1: the future of what years ago we knew as an AFTA.

16
00:01:06,920 --> 00:01:14,280
Speaker 2: USMCA has some significant flaws in it, and it's going

17
00:01:14,360 --> 00:01:18,520
Speaker 2: to be reevaluated in July. The great Jamison Greer, or

18
00:01:18,680 --> 00:01:22,640
Speaker 2: US trade representative will be taking the lean on that.

19
00:01:23,520 --> 00:01:26,240
Speaker 2: But nothing ever happens in the White House without the

20
00:01:26,280 --> 00:01:30,679
Speaker 2: commander in chief, particularly on trade. So as the Boss says,

21
00:01:31,280 --> 00:01:32,640
Speaker 2: let's see what happens.

22
00:01:33,280 --> 00:01:37,240
Speaker 1: They are the politics of NEFTA of Mexico and Canada

23
00:01:37,280 --> 00:01:40,120
Speaker 1: and the United States, lots of discussion. We looked at

24
00:01:40,160 --> 00:01:44,000
Speaker 1: the first Congressional district of Iowa, out I eighty across

25
00:01:44,040 --> 00:01:49,480
Speaker 1: the river to Davenport. We looked at Lansing, Michigan's congressional

26
00:01:50,080 --> 00:01:53,200
Speaker 1: district with two GM factories there as well. And then

27
00:01:53,240 --> 00:01:57,200
Speaker 1: at one point Paul Sweeney said, Hey, Peter Navarro, what

28
00:01:57,360 --> 00:02:00,480
Speaker 1: about credit card Rates's.

29
00:01:59,720 --> 00:02:04,880
Speaker 3: Listen, Jamie Diamond, lower your freaking credit card interest rates.

30
00:02:05,120 --> 00:02:07,720
Speaker 3: You are a criminal the way you charge the American

31
00:02:07,760 --> 00:02:11,400
Speaker 3: people at twenty two, twenty five and thirty percent, and

32
00:02:11,440 --> 00:02:15,960
Speaker 3: the President wants you to lower that. So until Jamie,

33
00:02:16,320 --> 00:02:19,480
Speaker 3: until you do that, please refrain from commenting on our

34
00:02:19,760 --> 00:02:20,600
Speaker 3: public policy.

35
00:02:20,880 --> 00:02:23,240
Speaker 1: We have to have James Diamond on tomorrow to rebuff

36
00:02:23,240 --> 00:02:27,200
Speaker 1: the comments of doctor at Navarro on podcasts at the

37
00:02:27,200 --> 00:02:30,920
Speaker 1: Mississippi River. We're there on Apple Music, on Spotify, on

38
00:02:30,960 --> 00:02:34,520
Speaker 1: YouTube podcasts as well. It's single best idea