1 00:00:00,440 --> 00:00:03,120 Speaker 1: Why from our nation's camera this budget thing is going 2 00:00:03,200 --> 00:00:05,600 Speaker 1: to do nothing space sports. I still think it's interesting 3 00:00:05,640 --> 00:00:08,960 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,119 --> 00:00:14,520 Speaker 1: politics colliding sound on with kevins Relate the insiders, the influencers, 5 00:00:14,680 --> 00:00:17,480 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,520 --> 00:00:20,400 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,480 --> 00:00:22,799 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,800 --> 00:00:26,119 Speaker 1: divide within Team Trump. The president has to do exactly 9 00:00:26,160 --> 00:00:27,680 Speaker 1: what people send him here to do, which is to 10 00:00:27,720 --> 00:00:31,319 Speaker 1: get it done. He's sound on with Kevin's o Relate 11 00:00:31,600 --> 00:00:35,560 Speaker 1: on Bloomberg one and one seven a m h D 12 00:00:35,680 --> 00:00:39,520 Speaker 1: two Baltimore change of plans. President Trump says, not so 13 00:00:39,720 --> 00:00:44,920 Speaker 1: fast on pushing healthcare ahead of the election cycle. Meanwhile, 14 00:00:45,040 --> 00:00:48,080 Speaker 1: will he or won't he shut down the border, the 15 00:00:48,159 --> 00:00:52,479 Speaker 1: US Mexico border. Senate Majority Leader Mitch McConnell had a 16 00:00:52,479 --> 00:00:55,160 Speaker 1: lot to say about that, and it wasn't too positive 17 00:00:55,440 --> 00:00:59,240 Speaker 1: earlier today on the on the Senate floor. Plus all 18 00:00:59,280 --> 00:01:03,120 Speaker 1: of this is ongoing fallout for former Vice President Joe Biden. 19 00:01:03,560 --> 00:01:09,520 Speaker 1: The crowded Democratic presidential field weighing in on these misconduct 20 00:01:09,560 --> 00:01:11,280 Speaker 1: not even sure what's a call it at this point, 21 00:01:11,319 --> 00:01:14,760 Speaker 1: including Speaker Nancy Pelosi. She says, maybe he could have 22 00:01:14,840 --> 00:01:17,440 Speaker 1: used a different choice of words. We're going to dive 23 00:01:17,440 --> 00:01:20,920 Speaker 1: into all of that all star panel. Jordan's Fabian of 24 00:01:20,959 --> 00:01:25,000 Speaker 1: the Hill Newspapers. I say, right, gosh, I asked him 25 00:01:25,040 --> 00:01:29,040 Speaker 1: right before we came out, Jordan Fabian, and that's Louise 26 00:01:29,240 --> 00:01:31,400 Speaker 1: I know. Sorry, I go Jordan for us. I used 27 00:01:31,400 --> 00:01:33,960 Speaker 1: to work with Jordan. Jordan Fabian of the Hills here 28 00:01:34,240 --> 00:01:39,200 Speaker 1: and Luis Skiavone. It's just like now I'm just and 29 00:01:39,200 --> 00:01:42,200 Speaker 1: I'm Kevin Curly. But before we get into all of that, 30 00:01:42,319 --> 00:01:47,200 Speaker 1: let's go Bryce Harper, the newly crowned Philadelphia Philly. Sorry, Washington, 31 00:01:47,360 --> 00:01:50,680 Speaker 1: I represent Philadelphia. That's all I can say. Busy, busy 32 00:01:50,760 --> 00:01:53,960 Speaker 1: day though here in Washington, d C. From healthcare to 33 00:01:55,280 --> 00:01:57,240 Speaker 1: the border, we're gonna dive all into it. We have 34 00:01:57,280 --> 00:01:59,680 Speaker 1: an all star panel. Jordan Fabian, he's in the White 35 00:01:59,680 --> 00:02:03,880 Speaker 1: House for Border at the Hill Newspaper, uh, Washingtonian too. 36 00:02:05,440 --> 00:02:09,480 Speaker 1: And they're hard to find, yeah, but you they're around. 37 00:02:09,600 --> 00:02:11,160 Speaker 1: You just gotta look. You gotta know where to look. 38 00:02:11,320 --> 00:02:15,360 Speaker 1: And Luis ky Avoni, who is everywhere a professor of 39 00:02:15,400 --> 00:02:21,120 Speaker 1: crisis communications at UH Johns Hopkins as well as an 40 00:02:21,240 --> 00:02:25,239 Speaker 1: MPR sometimes host. I mean, you're everywhere, So we appreciate you, 41 00:02:25,280 --> 00:02:26,600 Speaker 1: a good friend of mine and a good friend of 42 00:02:26,639 --> 00:02:29,320 Speaker 1: the program coming in to make the happy to be here. 43 00:02:29,560 --> 00:02:31,720 Speaker 1: Thank you, Louise. So I mean, so, I was on 44 00:02:31,760 --> 00:02:33,959 Speaker 1: Capitol Hill today and literally as we were getting the 45 00:02:34,000 --> 00:02:37,920 Speaker 1: playback from President Trump, you could hear the staffers essentially 46 00:02:38,320 --> 00:02:41,240 Speaker 1: breathing a collective sigh of relief as the President said 47 00:02:41,280 --> 00:02:45,440 Speaker 1: he wasn't going to completely go after healthcare before the 48 00:02:45,440 --> 00:02:49,000 Speaker 1: mid terms. But then there was this interesting development where 49 00:02:49,040 --> 00:02:50,880 Speaker 1: he's got the head of NATO sitting next to him 50 00:02:50,919 --> 00:02:53,360 Speaker 1: and and he's being asked about whether or not he's 51 00:02:53,400 --> 00:02:56,560 Speaker 1: going to shut down the US Mexico border, as he 52 00:02:56,639 --> 00:02:58,840 Speaker 1: threatened to do the end of last week and again 53 00:02:58,880 --> 00:03:03,280 Speaker 1: over the weekend and again yesterday. UH, and he seemingly 54 00:03:03,360 --> 00:03:05,639 Speaker 1: backed off, but he said he still might do it. 55 00:03:06,080 --> 00:03:08,840 Speaker 1: And this after our very own Jennifer Jacob's White House 56 00:03:08,880 --> 00:03:12,840 Speaker 1: reporder here at Bloomberg's ricocheting this story across the Bloomberg 57 00:03:12,919 --> 00:03:15,320 Speaker 1: terminal that says that the presidents listening to his economic 58 00:03:15,400 --> 00:03:18,840 Speaker 1: team about getting the economic impacts of what it would 59 00:03:18,840 --> 00:03:22,639 Speaker 1: mean for the economy if he were to shut down 60 00:03:22,680 --> 00:03:24,280 Speaker 1: the border. I want to play for everybody what the 61 00:03:24,320 --> 00:03:27,480 Speaker 1: President had to say earlier today about the state of 62 00:03:27,480 --> 00:03:31,160 Speaker 1: affairs down at the US Mexico border. Here's the president, 63 00:03:31,600 --> 00:03:34,200 Speaker 1: So we've given hundreds of millions of dollars to these 64 00:03:34,240 --> 00:03:38,080 Speaker 1: three countries, and the money is not going to where 65 00:03:38,120 --> 00:03:40,960 Speaker 1: it's supposed to be going. Number one, Number two, they 66 00:03:41,080 --> 00:03:43,240 Speaker 1: taken advantage of the United States, and they have been 67 00:03:43,280 --> 00:03:45,800 Speaker 1: for many years. But then in the next breath, he 68 00:03:45,920 --> 00:03:50,360 Speaker 1: essentially says that he likes what Mexico's immigration laws are. 69 00:03:50,720 --> 00:03:53,120 Speaker 1: He believes that they are tough. He also went on 70 00:03:53,200 --> 00:03:56,360 Speaker 1: to suggest that the U. S immigration system is that 71 00:03:56,840 --> 00:04:00,640 Speaker 1: a complete and utter stand stale for lack of a 72 00:04:00,680 --> 00:04:02,360 Speaker 1: better word, in terms of where things are, and that 73 00:04:02,440 --> 00:04:06,480 Speaker 1: it's totally over overutilized. While the President was toying with 74 00:04:06,520 --> 00:04:10,000 Speaker 1: shutting down the border, literally as this feedback was coming in, 75 00:04:10,240 --> 00:04:14,080 Speaker 1: I'm in the Senate building and Senate Majority Leader Mitch McConnell, 76 00:04:14,360 --> 00:04:17,840 Speaker 1: Republican from Kentucky, he's on the Senate floor. His words Jordan's. 77 00:04:18,120 --> 00:04:22,120 Speaker 1: He said that it would be a quote unquote economic catastrophe, 78 00:04:22,279 --> 00:04:26,480 Speaker 1: economic catastrophe if the President were to shut down the 79 00:04:26,600 --> 00:04:30,680 Speaker 1: US Mexico border, Jordan, what are your thoughts? Well, I 80 00:04:30,880 --> 00:04:32,680 Speaker 1: you hit it there right there, Kevin, which is that 81 00:04:33,279 --> 00:04:38,080 Speaker 1: Republicans and Democrats in Congress were essentially universally against this 82 00:04:38,160 --> 00:04:40,839 Speaker 1: idea of shutting down the border. So you see, you 83 00:04:40,880 --> 00:04:44,080 Speaker 1: see the President today pretty much reversing himself. Last week 84 00:04:44,080 --> 00:04:47,360 Speaker 1: he said very definitively it's gonna happen next week if 85 00:04:47,400 --> 00:04:49,800 Speaker 1: Mexico doesn't clean up his act. Now I can tell 86 00:04:49,800 --> 00:04:51,760 Speaker 1: you that Mexico didn't change his immigration laws in the 87 00:04:51,839 --> 00:04:54,400 Speaker 1: last four days. So you know, he comes out today 88 00:04:54,440 --> 00:04:58,120 Speaker 1: is saying Mexico is doing a great job and um uh, 89 00:04:58,279 --> 00:05:01,080 Speaker 1: and so we'll see what happens about shutting down the border. 90 00:05:01,160 --> 00:05:03,200 Speaker 1: So that he said he laid out a clear market 91 00:05:03,279 --> 00:05:06,599 Speaker 1: last week, today he's much more vague. Um. The aids 92 00:05:06,640 --> 00:05:09,400 Speaker 1: of the White House clearly trying to tell us today 93 00:05:09,440 --> 00:05:12,720 Speaker 1: that they're trying to pump the brakes here. And like 94 00:05:12,720 --> 00:05:16,159 Speaker 1: you said before, Kevin, he's also hearing President Trump from 95 00:05:16,160 --> 00:05:18,680 Speaker 1: his own advisors who are trying to study the economic 96 00:05:18,720 --> 00:05:21,200 Speaker 1: impacts of this, and they're also hearing from business groups 97 00:05:21,240 --> 00:05:23,320 Speaker 1: like the US Chamber of Commerce, who are basically saying, 98 00:05:23,520 --> 00:05:25,919 Speaker 1: if you do this, it's going to be uh just 99 00:05:25,960 --> 00:05:28,480 Speaker 1: a cattashed feel like Mr McConnell said. And so all 100 00:05:28,520 --> 00:05:31,600 Speaker 1: of these factors, uh leading up today to the statement 101 00:05:31,600 --> 00:05:34,960 Speaker 1: that the President made saying right now, probably not gonna 102 00:05:35,000 --> 00:05:37,719 Speaker 1: happen shutting down the US Mexico border. And somewhere you 103 00:05:37,720 --> 00:05:40,200 Speaker 1: can just see Stephen Miller's eyes rolling at the thought 104 00:05:40,200 --> 00:05:43,200 Speaker 1: of the Chamber of Commerce dictating immigration policy. Louise from 105 00:05:43,240 --> 00:05:46,159 Speaker 1: a crisis comm standpoint one on one, your thoughts, Well, 106 00:05:47,320 --> 00:05:50,320 Speaker 1: there would be a huge trade impact if the President 107 00:05:50,360 --> 00:05:53,400 Speaker 1: were to shut down the border, and it would be 108 00:05:53,440 --> 00:05:57,240 Speaker 1: a trade huge trade impact, especially agriculturally. I mean, American 109 00:05:57,240 --> 00:06:01,080 Speaker 1: farmers would be very sorely hurt. Uh, Mexican farmers would 110 00:06:01,120 --> 00:06:04,320 Speaker 1: be very sorely hurt. Americans have been used to getting 111 00:06:04,320 --> 00:06:07,760 Speaker 1: all kinds of fresh vegetables every time, you know, all 112 00:06:07,760 --> 00:06:10,600 Speaker 1: throughout the year that we get from Mexico. All that 113 00:06:10,600 --> 00:06:15,000 Speaker 1: stuff would dry up in um in American supermarkets. Uh 114 00:06:15,760 --> 00:06:18,120 Speaker 1: a puff. And beyond that, I mean, think about the president. 115 00:06:19,240 --> 00:06:23,160 Speaker 1: It would be unhelpful and uh any kind of financial 116 00:06:23,200 --> 00:06:25,599 Speaker 1: injury would not be good for the country, would not 117 00:06:25,640 --> 00:06:27,240 Speaker 1: be good for the President, would not be good for 118 00:06:27,279 --> 00:06:31,360 Speaker 1: the Republican Party. And as the l A Times puts it, 119 00:06:31,440 --> 00:06:34,960 Speaker 1: by our colleagues Maleo Tool, Noah Bierman and Eli Stokel's 120 00:06:35,240 --> 00:06:38,960 Speaker 1: quote their headline, as Trump threatens to close border. Experts 121 00:06:39,080 --> 00:06:44,839 Speaker 1: worn of billions and economic damage. They paint a picture 122 00:06:45,120 --> 00:06:49,960 Speaker 1: of five point three million dollars in sale. Businesses on 123 00:06:50,000 --> 00:06:51,680 Speaker 1: the U s side of the border lost five point 124 00:06:51,720 --> 00:06:56,039 Speaker 1: three million dollars in sales, according to local officials, and 125 00:06:56,120 --> 00:06:59,560 Speaker 1: temporarily folks are stuck on both sides. I mean this 126 00:06:59,640 --> 00:07:02,320 Speaker 1: has a host of different impacts. You put this in 127 00:07:02,360 --> 00:07:06,200 Speaker 1: the backdrop of the different forty seven official entry ports. 128 00:07:06,240 --> 00:07:07,680 Speaker 1: I mean people think of the border is just like 129 00:07:07,760 --> 00:07:10,160 Speaker 1: one giant road. It's not. There's forty seven points of 130 00:07:10,280 --> 00:07:13,000 Speaker 1: entry along the US Mexico border. It's more than two 131 00:07:13,080 --> 00:07:16,440 Speaker 1: thousand miles. And ready for this My number of the day, 132 00:07:16,680 --> 00:07:21,200 Speaker 1: one point seven billion dollars one point seven billion dollars 133 00:07:21,200 --> 00:07:26,880 Speaker 1: in commerce daily, daily crosses between the US and Mexico border. 134 00:07:26,960 --> 00:07:30,560 Speaker 1: One point seven billion dollars in commerce. But you know 135 00:07:30,560 --> 00:07:33,280 Speaker 1: what's so interesting about that is that the reason that 136 00:07:33,400 --> 00:07:37,280 Speaker 1: there is this massive crush of immigrants coming from Central 137 00:07:37,320 --> 00:07:41,320 Speaker 1: America to the border with the United States is really 138 00:07:41,320 --> 00:07:48,400 Speaker 1: a cute economic deprivation really highlights the inequity in all economies. Right. 139 00:07:48,680 --> 00:07:52,400 Speaker 1: These people are living in tremendous poverty, They are victims 140 00:07:52,440 --> 00:07:55,440 Speaker 1: of gangs. They are coming to the United States because 141 00:07:55,440 --> 00:07:57,760 Speaker 1: they want relief from these things. They want relief from 142 00:07:57,760 --> 00:08:01,280 Speaker 1: the gang violence, they want relief from economic deprivation. But 143 00:08:01,440 --> 00:08:04,720 Speaker 1: these two things do not qualify them for asylum. The 144 00:08:04,760 --> 00:08:08,240 Speaker 1: only legal reason for asylum is if you are going 145 00:08:08,280 --> 00:08:12,000 Speaker 1: to be persecuted by your country. Uh. And so it's 146 00:08:12,040 --> 00:08:16,880 Speaker 1: it's it's it's really a tremendous standoff over this issue. 147 00:08:16,920 --> 00:08:20,200 Speaker 1: But are all boils down to the economic deprivation. And 148 00:08:20,240 --> 00:08:23,320 Speaker 1: I just can't imagine that the manufacturers would would even 149 00:08:23,440 --> 00:08:25,040 Speaker 1: like this. And one of the things that they're toying 150 00:08:25,120 --> 00:08:27,200 Speaker 1: around at least and you talk to some folks or 151 00:08:27,240 --> 00:08:29,160 Speaker 1: at least what's what the chatter is that they would 152 00:08:29,240 --> 00:08:31,520 Speaker 1: keep railways open so that that would keep some of 153 00:08:31,520 --> 00:08:34,040 Speaker 1: the trade coming up. We'll have much more on the 154 00:08:34,120 --> 00:08:36,760 Speaker 1: situation in terms of the economic fallout ship President Trump 155 00:08:36,760 --> 00:08:38,600 Speaker 1: shut down some of those borders, shut down some of 156 00:08:38,600 --> 00:08:42,840 Speaker 1: those roads. One point seven billion dollars daily in Commerce 157 00:08:42,920 --> 00:08:47,800 Speaker 1: Panel Stage Jordan fabian of the Hill Newspaper, a Washingtonian local, 158 00:08:47,920 --> 00:08:53,119 Speaker 1: lifelong Washingtonian resident, and Luis Skiavoni of Johns Hopkins University 159 00:08:53,160 --> 00:08:56,599 Speaker 1: and an All star journalist and dear friend of the program. 160 00:08:56,600 --> 00:08:59,760 Speaker 1: I'm Kevin Cirilli. Let's go fill. Sorry, NATS fans. You 161 00:08:59,760 --> 00:09:03,520 Speaker 1: can download the sound on podcast on Apple iTunes, find 162 00:09:03,640 --> 00:09:06,960 Speaker 1: us on the Bloomberg Business app at radio dot com, 163 00:09:07,000 --> 00:09:10,680 Speaker 1: as well as on Spotify. Thank you Spotify and I 164 00:09:10,840 --> 00:09:13,800 Speaker 1: Heart Radio app. I'm Kevin Sarelli. You're listening to Bloomberg. 165 00:09:16,600 --> 00:09:20,120 Speaker 1: You're listening to sound On with Kevin's he really on 166 00:09:20,240 --> 00:09:23,679 Speaker 1: Bloomberg one and one oh five point seven a m 167 00:09:23,800 --> 00:09:28,319 Speaker 1: h D two, Baltimore. I don't know who's advising him there, 168 00:09:29,000 --> 00:09:31,840 Speaker 1: and advising is even a word. I don't know who's 169 00:09:32,360 --> 00:09:37,080 Speaker 1: poisoning his mind on some of these subjects. Poisoning his mind? 170 00:09:37,120 --> 00:09:40,840 Speaker 1: Oh ouch, harsh harsh words from Speaker of the House 171 00:09:40,840 --> 00:09:44,520 Speaker 1: and Nancy Pelosi. She was talking with our Axios College 172 00:09:44,520 --> 00:09:48,360 Speaker 1: No political colleagues earlier today at an event Anna Palmer 173 00:09:48,480 --> 00:09:51,600 Speaker 1: and Jake Sherman, the Politico co authors, along with our 174 00:09:51,600 --> 00:09:54,199 Speaker 1: good buddy Daniel Lippman. At an event she was talking 175 00:09:54,240 --> 00:09:58,319 Speaker 1: about the President's decision to potentially shut down ports of 176 00:09:58,480 --> 00:10:03,320 Speaker 1: entry or even the entire US Mexico border. The fallout 177 00:10:03,320 --> 00:10:06,000 Speaker 1: of this is still reverberating. Set Up Majority Leader Mitch 178 00:10:06,080 --> 00:10:09,040 Speaker 1: McConnell says that it would be could be a quote 179 00:10:09,120 --> 00:10:13,040 Speaker 1: unquote economic catastrophe. He was echoing what the US Chamber 180 00:10:13,120 --> 00:10:17,160 Speaker 1: of Commerce had to say, one point seven billion dollars 181 00:10:17,160 --> 00:10:21,400 Speaker 1: worth of commerce crossing the US Mexico border daily through 182 00:10:21,520 --> 00:10:25,920 Speaker 1: forty seven ports of entry, two thousand miles worth. The 183 00:10:25,960 --> 00:10:29,600 Speaker 1: President was in the Oval today. He told reporters that 184 00:10:30,160 --> 00:10:33,440 Speaker 1: he likes what the Mexican government is doing, but he 185 00:10:33,480 --> 00:10:37,160 Speaker 1: still wants to be making sure that they're doing more, 186 00:10:37,440 --> 00:10:42,480 Speaker 1: doing their part. Luiski avone E Luis Skiavoni of Johns 187 00:10:42,480 --> 00:10:45,640 Speaker 1: Hopkins University has is with us for the Hour, as 188 00:10:45,679 --> 00:10:49,200 Speaker 1: well as Jordan's Fabian a reporter for The Hill, White 189 00:10:49,240 --> 00:10:51,760 Speaker 1: House reporter for The Hill. Luis, so, what are what 190 00:10:51,880 --> 00:10:55,079 Speaker 1: is Mexico doing? You know that what people say, people 191 00:10:55,080 --> 00:10:58,120 Speaker 1: who are in the region, leaders in the regions say 192 00:10:58,160 --> 00:11:02,200 Speaker 1: that what Honduras, what else? Alvador. What Guatemala needs is 193 00:11:02,200 --> 00:11:04,760 Speaker 1: not somebody slapping them around, but somebody giving them a 194 00:11:04,840 --> 00:11:07,559 Speaker 1: leg up, somebody giving them money for development, so people 195 00:11:07,559 --> 00:11:11,000 Speaker 1: won't want to leave their countries. But but we'll be 196 00:11:11,040 --> 00:11:15,320 Speaker 1: able to get jobs and build meaningful, uh prosperous lives 197 00:11:15,440 --> 00:11:18,040 Speaker 1: within their own country, so they aren't racing off to 198 00:11:18,080 --> 00:11:20,840 Speaker 1: the border to enter the United States. So so the 199 00:11:20,920 --> 00:11:23,440 Speaker 1: question is, you know, my question is what is Mexico doing? 200 00:11:23,480 --> 00:11:25,720 Speaker 1: What is Trump referring to? But and this is the 201 00:11:25,800 --> 00:11:28,000 Speaker 1: interesting point, which is one of the things that Trump 202 00:11:28,400 --> 00:11:32,160 Speaker 1: tried to do to stem this my migration crisis was 203 00:11:32,200 --> 00:11:35,480 Speaker 1: cut off aid to those Northern Triangle countries Guatemal El 204 00:11:35,520 --> 00:11:40,560 Speaker 1: Salvador and excuse me, Honduras. There is actually data showing 205 00:11:40,600 --> 00:11:42,920 Speaker 1: that the money that was going to Al Salvador helped 206 00:11:42,960 --> 00:11:45,760 Speaker 1: cut the number of people who are migrating from Al Salvador, 207 00:11:45,960 --> 00:11:49,439 Speaker 1: I think almost in half between eighteen So that's why 208 00:11:49,480 --> 00:11:51,560 Speaker 1: a lot of lawmakers on the hill are frustrated with 209 00:11:51,559 --> 00:11:54,560 Speaker 1: this whole approach because it seems to contradict all of 210 00:11:54,559 --> 00:11:58,000 Speaker 1: the evidence and all of the recommendations coming from experts 211 00:11:58,200 --> 00:12:01,280 Speaker 1: on how to address this crisis. You know, and behind 212 00:12:01,280 --> 00:12:03,400 Speaker 1: the scenes, though, Jordan, when when you're talking to to 213 00:12:03,520 --> 00:12:07,360 Speaker 1: White House sources and White House officials, it ain't seem 214 00:12:07,360 --> 00:12:10,760 Speaker 1: interesting about the approach that they're taking and cutting off 215 00:12:10,800 --> 00:12:14,040 Speaker 1: foreign aid because and on this show, we talk a 216 00:12:14,080 --> 00:12:17,680 Speaker 1: lot about international trade policy US and China and the 217 00:12:17,800 --> 00:12:20,600 Speaker 1: role that China and the play that China is making 218 00:12:20,800 --> 00:12:25,600 Speaker 1: particularly in that region. So by cutting off eight, I'm 219 00:12:25,640 --> 00:12:29,160 Speaker 1: curious from your reporting if your sources and your reporting 220 00:12:29,200 --> 00:12:32,080 Speaker 1: tell you that that maybe there maybe the White House 221 00:12:32,160 --> 00:12:34,280 Speaker 1: is a bit concerned that if if we cut off 222 00:12:34,320 --> 00:12:36,320 Speaker 1: aid to that region, China is just gonna go right 223 00:12:36,400 --> 00:12:39,840 Speaker 1: on in. But Kevin, this goes to so many different questions. 224 00:12:39,880 --> 00:12:42,120 Speaker 1: I mean, we'll go back to T P P and 225 00:12:42,160 --> 00:12:45,160 Speaker 1: what everybody in you know, a lot of Republicans, Democrats, 226 00:12:45,240 --> 00:12:47,640 Speaker 1: Democrats of Congress were saying about that, um, you know 227 00:12:47,720 --> 00:12:50,000 Speaker 1: that was built by the Obama administration, is something to 228 00:12:50,360 --> 00:12:53,040 Speaker 1: sort of keep China at bay in the Asia Pacific. 229 00:12:53,400 --> 00:12:56,360 Speaker 1: And then Trump, you know, his he likes to stick 230 00:12:56,360 --> 00:12:58,920 Speaker 1: to his gut and stick to stick to his philosophy, 231 00:12:58,920 --> 00:13:02,040 Speaker 1: and his philosophy is I'm gonna do bilateral trade deals. 232 00:13:02,320 --> 00:13:04,360 Speaker 1: I'm gonna, you know, cut off eight and get real 233 00:13:04,440 --> 00:13:06,440 Speaker 1: tough with the Mexicans because I don't think they're doing 234 00:13:06,840 --> 00:13:10,319 Speaker 1: what's right. Um. So he's willing to go with his 235 00:13:10,400 --> 00:13:14,479 Speaker 1: gut and buck this the sort of conventional wisdom, um, 236 00:13:14,520 --> 00:13:18,640 Speaker 1: despite all warnings and and uh, you know, recommendations from 237 00:13:18,679 --> 00:13:20,599 Speaker 1: its aids and advisers. All Right, I want to I 238 00:13:20,640 --> 00:13:22,559 Speaker 1: want to switch gears now. I want to talk healthcare 239 00:13:22,600 --> 00:13:26,680 Speaker 1: policy because another major policy development here with the president 240 00:13:26,800 --> 00:13:28,719 Speaker 1: last week on Capitol Hill, I believe it was last 241 00:13:28,720 --> 00:13:32,480 Speaker 1: week on Capitol Hill. He goes up there, he tells reporters, 242 00:13:32,600 --> 00:13:36,280 Speaker 1: he tells Republicans that he wants to have healthcare, he 243 00:13:36,320 --> 00:13:40,240 Speaker 1: wants to pass healthcare. And people were scratching their heads 244 00:13:40,240 --> 00:13:42,360 Speaker 1: on both sides of the aisle, saying, where's the rollout? 245 00:13:42,440 --> 00:13:44,520 Speaker 1: I mean, we had Brendan buck On, he's a former 246 00:13:44,559 --> 00:13:47,840 Speaker 1: senior aide to former House Speaker Paul Ryan, And I 247 00:13:47,880 --> 00:13:51,720 Speaker 1: mean the work that went into rolling out the tax care, 248 00:13:51,920 --> 00:13:55,800 Speaker 1: the tax policy plan, versus like no rollout whatsoever of healthcare. 249 00:13:55,840 --> 00:13:57,640 Speaker 1: I mean, it's it's night and day. I do want 250 00:13:57,640 --> 00:13:59,280 Speaker 1: to play for you. Now. What seems to be a 251 00:13:59,320 --> 00:14:02,400 Speaker 1: reverse core is for the administration in terms of backing 252 00:14:02,440 --> 00:14:05,160 Speaker 1: off healthcare. So here's the president in terms of why 253 00:14:05,160 --> 00:14:08,480 Speaker 1: he's backing off healthcare. We don't have the House. So 254 00:14:08,600 --> 00:14:11,520 Speaker 1: even though the healthcare is good, really good. It's much 255 00:14:11,559 --> 00:14:14,000 Speaker 1: better than when the plan comes out, which will be 256 00:14:14,040 --> 00:14:18,160 Speaker 1: showing you at the appropriate time. It's much better than Obamacare. 257 00:14:18,800 --> 00:14:23,120 Speaker 1: Luiski Ivoni, you are a crisis communications professor in chief 258 00:14:23,520 --> 00:14:27,600 Speaker 1: at Johns Hopkins University, uh and from you know, forget 259 00:14:27,600 --> 00:14:29,400 Speaker 1: about the politics for a second. In terms of the 260 00:14:29,400 --> 00:14:34,320 Speaker 1: communication strategy here, how would you advise business leaders of 261 00:14:34,400 --> 00:14:38,040 Speaker 1: his successful rollout? And does this warrant being a successful rollout? 262 00:14:38,200 --> 00:14:41,680 Speaker 1: You know, the big communicator is obviously the president. He's 263 00:14:41,720 --> 00:14:43,640 Speaker 1: the one who's like sort of the crazy maker and 264 00:14:43,720 --> 00:14:48,080 Speaker 1: all of this right, So so Trump the only person 265 00:14:48,120 --> 00:14:52,080 Speaker 1: who can communicate like Trump is Donald Trump because if 266 00:14:52,200 --> 00:14:55,160 Speaker 1: you or I or any member of Congress, I mean, 267 00:14:55,360 --> 00:14:57,800 Speaker 1: look at what Marco Rubio tried during the election. He 268 00:14:57,840 --> 00:15:00,600 Speaker 1: tried to communicate like Trump and he was crushed. So 269 00:15:01,760 --> 00:15:04,000 Speaker 1: but is this just a mistake? I mean, did did 270 00:15:04,200 --> 00:15:06,840 Speaker 1: you think, like behind the scenes McConnell's office was like 271 00:15:07,000 --> 00:15:09,120 Speaker 1: President Trump, there's no way we can get health care 272 00:15:09,200 --> 00:15:13,240 Speaker 1: before before. But you know what I think is interesting. 273 00:15:13,440 --> 00:15:15,720 Speaker 1: When Trump was elected, one of the things that people 274 00:15:15,800 --> 00:15:19,040 Speaker 1: really hated about him being elected was that all of 275 00:15:19,080 --> 00:15:21,680 Speaker 1: the traditional sources they had in the Democratic Party and 276 00:15:21,680 --> 00:15:25,000 Speaker 1: the Republican Party. They didn't have those sources anymore. You 277 00:15:25,040 --> 00:15:28,120 Speaker 1: don't even have sources around Trump because the only Trump 278 00:15:28,240 --> 00:15:33,120 Speaker 1: source is Trump. So he becomes extremely unpredictable. So so 279 00:15:33,200 --> 00:15:35,600 Speaker 1: for for a company, what is the strategy of company? 280 00:15:35,600 --> 00:15:38,120 Speaker 1: A company? Uh, the strategy of a company is just 281 00:15:38,160 --> 00:15:41,960 Speaker 1: to stay and do the most conservative thing right. And 282 00:15:41,960 --> 00:15:44,640 Speaker 1: and this is another problem with the president trying to 283 00:15:44,680 --> 00:15:46,560 Speaker 1: read what he's doing, is that he he really is 284 00:15:46,800 --> 00:15:50,040 Speaker 1: the only person who understands what his motivations are because 285 00:15:50,240 --> 00:15:52,640 Speaker 1: a lot of people are coming off the Muller Report thinking, 286 00:15:53,360 --> 00:15:55,240 Speaker 1: you know, he's gonna, you know, go off on the 287 00:15:55,280 --> 00:15:57,560 Speaker 1: Maller Report, you know, maybe take a victory lap there 288 00:15:57,880 --> 00:16:00,320 Speaker 1: and then try to either shore up his support among 289 00:16:00,480 --> 00:16:02,920 Speaker 1: the base or maybe even pivot to the center and 290 00:16:02,960 --> 00:16:06,000 Speaker 1: try to pull in some of those independents and moderates 291 00:16:06,120 --> 00:16:08,320 Speaker 1: or even some some of the Democrats that he wanted 292 00:16:08,880 --> 00:16:11,320 Speaker 1: sixteen back into the fold. Now that the specter of 293 00:16:11,360 --> 00:16:14,400 Speaker 1: the investigation has gone, instead we does is go out 294 00:16:14,440 --> 00:16:19,200 Speaker 1: and does something talking about healthcare that congressional Republicans really 295 00:16:19,240 --> 00:16:22,440 Speaker 1: don't want to talk about heading in precisely because they 296 00:16:22,480 --> 00:16:25,040 Speaker 1: don't have a plan and then roll out this immigration 297 00:16:25,080 --> 00:16:28,760 Speaker 1: idea that had very little support on Capitol Hill. And 298 00:16:28,840 --> 00:16:31,000 Speaker 1: what it comes down to, he's he's a very impulsive 299 00:16:31,040 --> 00:16:33,720 Speaker 1: guy and he wants to stoke his base. These are 300 00:16:33,760 --> 00:16:36,720 Speaker 1: two issues I think where his base really cares about 301 00:16:37,040 --> 00:16:39,800 Speaker 1: and and he wants to He's going for the base 302 00:16:39,840 --> 00:16:42,520 Speaker 1: only strategy, and that's and that's what we're seeing him 303 00:16:42,560 --> 00:16:45,200 Speaker 1: do in this whole stretch here where he's doing some 304 00:16:45,280 --> 00:16:47,920 Speaker 1: things that might seem puzzling on the surface. I feel 305 00:16:47,920 --> 00:16:49,800 Speaker 1: like both sides are playing to their base right now, 306 00:16:49,800 --> 00:16:52,600 Speaker 1: in terms of Democrats in the air sea crowd playing 307 00:16:52,600 --> 00:16:55,280 Speaker 1: to their base about universal healthcare and then and then 308 00:16:55,320 --> 00:16:58,600 Speaker 1: the president saying, you know, repeal and replaced Obamacare. Coming up, 309 00:16:59,440 --> 00:17:03,880 Speaker 1: we talk much more about the crowded twenty Democratic presidential 310 00:17:04,000 --> 00:17:08,280 Speaker 1: field and an update on US China trade policy, this 311 00:17:08,520 --> 00:17:11,879 Speaker 1: as Chinese Vice Premier Leo hu is set to be 312 00:17:12,040 --> 00:17:16,200 Speaker 1: in Washington tomorrow. Also, Blanken, you'll miss it. Did you 313 00:17:16,240 --> 00:17:19,040 Speaker 1: see the tweet from Washington d C. Mayor Murial Bowser 314 00:17:19,080 --> 00:17:23,800 Speaker 1: about Bryce Harper. Well, it involves it involves Benedict Arnold 315 00:17:24,359 --> 00:17:26,439 Speaker 1: and Bryce Harper. I'll give you the latest on dot 316 00:17:26,480 --> 00:17:28,760 Speaker 1: can't make it up, folks. Jordan Fabian of the Hill stays, 317 00:17:28,800 --> 00:17:33,640 Speaker 1: Luis Gyavony of John Hopkins University Crisis com Shop stays uh, 318 00:17:33,680 --> 00:17:36,399 Speaker 1: and I say Kevin's realley. You can download the sound 319 00:17:36,440 --> 00:17:39,320 Speaker 1: on podcast on Apple iTunes, at Bloomberg dot com, the 320 00:17:39,320 --> 00:17:43,680 Speaker 1: Bloomberg Business App, Radio dot com, I Heart Radio, and Spotify. 321 00:17:43,840 --> 00:17:51,520 Speaker 1: You're listening to Bloomberg one. This is Sound On with 322 00:17:51,640 --> 00:17:57,639 Speaker 1: Kevin Relate on Bloomberg and m h D two, Baltimore, 323 00:17:59,080 --> 00:18:02,280 Speaker 1: UK Prime In Sir Theresa May seeking to deal with 324 00:18:02,359 --> 00:18:05,760 Speaker 1: the Labor Party to break the Brexit log jam. We're 325 00:18:05,800 --> 00:18:09,359 Speaker 1: following that from our colleagues across the pond. Let of course, 326 00:18:09,400 --> 00:18:12,080 Speaker 1: by our very own guy Johnson and our London bureau. 327 00:18:12,560 --> 00:18:16,520 Speaker 1: Theresa May asking her greatest political enemy Jeremy Corban to 328 00:18:16,640 --> 00:18:20,240 Speaker 1: help work out a joint plan for Brexit. This after 329 00:18:20,320 --> 00:18:24,000 Speaker 1: they've been going through virtually. If you think politics is 330 00:18:24,000 --> 00:18:26,800 Speaker 1: at a polarizing point here in the US, look across 331 00:18:26,840 --> 00:18:28,879 Speaker 1: the pond. We're gonna have all the latest still in 332 00:18:28,920 --> 00:18:31,439 Speaker 1: the log jam, though no new developments in terms of 333 00:18:31,440 --> 00:18:35,200 Speaker 1: what's next for Brexit. Jordan Fabian is a White House 334 00:18:35,200 --> 00:18:38,840 Speaker 1: reporter for the Hill Luis ski Ani is a John 335 00:18:38,920 --> 00:18:43,640 Speaker 1: Hopkins University Professor of Crisis Communications and a journalism veteran 336 00:18:43,760 --> 00:18:47,720 Speaker 1: with more than three decades. Yes, well I started when 337 00:18:47,720 --> 00:18:49,600 Speaker 1: I was ten. I mean, you make it sound like 338 00:18:49,640 --> 00:18:53,440 Speaker 1: I'm so old Kevin, but no, no, not at all. 339 00:18:53,240 --> 00:18:57,960 Speaker 1: Well three decades was my elementary school newspaper. I was 340 00:18:58,040 --> 00:19:00,840 Speaker 1: on my the West the West Press it was called, 341 00:19:01,040 --> 00:19:04,399 Speaker 1: and the Wallingford Elementary School Book Review. The West Preser 342 00:19:04,480 --> 00:19:06,639 Speaker 1: was my first byeline. But enough about that. I do 343 00:19:06,680 --> 00:19:08,560 Speaker 1: want to kind of stick across the pond. This is 344 00:19:08,560 --> 00:19:11,200 Speaker 1: my my smooth transition. Did you guys see what the 345 00:19:11,280 --> 00:19:15,000 Speaker 1: DC mayor tweeted? You can't make this up, Mayor Bowser. 346 00:19:15,359 --> 00:19:18,800 Speaker 1: So she tweeted out a picture picture of Bryce Harper 347 00:19:19,200 --> 00:19:22,919 Speaker 1: and it was like, scratched over his face was Bennedict Donald, 348 00:19:23,000 --> 00:19:26,680 Speaker 1: you know, the trader from the Revolutionary War, and then 349 00:19:26,720 --> 00:19:28,560 Speaker 1: she had deleted. It was only up there for like 350 00:19:28,600 --> 00:19:31,520 Speaker 1: thirty minutes. I mean, Mayor Bowser, look, we have a 351 00:19:31,520 --> 00:19:34,919 Speaker 1: lot in common, but please don't be so disrespectful to 352 00:19:35,000 --> 00:19:39,400 Speaker 1: my Philadelphia Philly All Star people hate it when they're 353 00:19:39,560 --> 00:19:42,640 Speaker 1: when their favorite players leave but don't have the game. 354 00:19:42,880 --> 00:19:46,200 Speaker 1: I mean, it's the Philadelphia Paies America's team. Yeah, that's 355 00:19:46,240 --> 00:19:50,320 Speaker 1: exactly right. How dare she disrespect your team? Come on, Mayor, 356 00:19:50,440 --> 00:19:52,560 Speaker 1: Come on, Mayor Bowser anytime the mayor wants to come on. 357 00:19:52,600 --> 00:19:57,760 Speaker 1: By the way, open door for the mayor. So we 358 00:19:57,760 --> 00:20:00,879 Speaker 1: were talking earlier about immigration, about healthcare. Coming up, we're 359 00:20:00,880 --> 00:20:03,679 Speaker 1: gonna talk about the fallout for former Vice President Joe 360 00:20:03,760 --> 00:20:08,879 Speaker 1: Biden and the record numbers of the crowded Democratic presidential field. 361 00:20:08,920 --> 00:20:11,160 Speaker 1: But I do want to stick with trade policy because, 362 00:20:11,320 --> 00:20:13,320 Speaker 1: as I said earlier, the backdrop to all of this, 363 00:20:13,400 --> 00:20:16,840 Speaker 1: and Anthony Scaramucci was on yesterday, he agrees Skybridge Capital. 364 00:20:17,040 --> 00:20:20,600 Speaker 1: The backdrop to all of this is China, the US 365 00:20:20,720 --> 00:20:24,240 Speaker 1: China development and the trade talks. China's got a president's 366 00:20:24,440 --> 00:20:28,640 Speaker 1: presidence in South America, China's making a presence into Europe, 367 00:20:29,080 --> 00:20:33,000 Speaker 1: and the Vice Premier Leo Hua is gonna be here tomorrow, uh, 368 00:20:33,040 --> 00:20:35,359 Speaker 1: and they're gonna continue to hammer out details. Jordan, what 369 00:20:35,440 --> 00:20:38,560 Speaker 1: are you gathering from your reporting about where the US 370 00:20:38,640 --> 00:20:41,000 Speaker 1: China trade talks to him? Well, I mean even the 371 00:20:41,040 --> 00:20:43,680 Speaker 1: fact that he's visiting is viewed as a positive sign 372 00:20:43,720 --> 00:20:46,080 Speaker 1: in the administration that they will be able to get 373 00:20:46,080 --> 00:20:49,160 Speaker 1: a deal done because as you remember, there were supposed 374 00:20:49,160 --> 00:20:50,800 Speaker 1: to be talks at the end of last month or 375 00:20:50,960 --> 00:20:54,680 Speaker 1: excuse with the still March note, taprile and month. Yeah, sorry, 376 00:20:55,560 --> 00:20:58,119 Speaker 1: that's okay, Yeah, you know it happens. But there were 377 00:20:58,160 --> 00:21:02,720 Speaker 1: supposed to be talks last weekend, uh, between u Jijimping 378 00:21:02,880 --> 00:21:05,640 Speaker 1: and President Trump to try to end this trade dispute 379 00:21:05,640 --> 00:21:07,240 Speaker 1: once and for all and get the deal that the 380 00:21:07,240 --> 00:21:09,960 Speaker 1: President has been looking for, and that was pushed off. 381 00:21:10,359 --> 00:21:13,320 Speaker 1: Excuse me, the President then saying that he was maybe 382 00:21:13,359 --> 00:21:15,680 Speaker 1: going to keep these tariffs on three and to sixty 383 00:21:15,720 --> 00:21:19,440 Speaker 1: million billion dollars of Chinese goods on for the foreseeable future. 384 00:21:19,520 --> 00:21:21,240 Speaker 1: So the fact that you know he is coming over 385 00:21:21,440 --> 00:21:24,359 Speaker 1: and he's meeting with you know, uh, Steve Minuchien, the 386 00:21:24,359 --> 00:21:29,359 Speaker 1: Treasury Secretary, Lightheiser, the trade representative, that's gonna be uh. 387 00:21:29,400 --> 00:21:33,080 Speaker 1: I think that there's there's cautious optimism they'll be able 388 00:21:33,119 --> 00:21:35,560 Speaker 1: to make concessions. In addition to the fact that China's 389 00:21:36,040 --> 00:21:38,960 Speaker 1: um announcing some concessions on fetanil and and other trade 390 00:21:38,960 --> 00:21:42,040 Speaker 1: matters heading into this meeting. All right, well, trade is 391 00:21:42,160 --> 00:21:45,920 Speaker 1: a huge issue and and China is a huge presence. 392 00:21:46,240 --> 00:21:52,840 Speaker 1: They are tremendously strategic. They are an economic powerhouse globally. Obviously, 393 00:21:53,600 --> 00:21:58,040 Speaker 1: I think China's got some concerns with its own economy. 394 00:21:57,560 --> 00:22:02,200 Speaker 1: What is the you know what lies ahead? Uh, they 395 00:22:02,240 --> 00:22:04,719 Speaker 1: may be weakening as a country, and they cannot afford 396 00:22:04,720 --> 00:22:07,000 Speaker 1: to have a trade war with us anymore than we 397 00:22:07,040 --> 00:22:09,200 Speaker 1: can afford to have a trade war with them. So 398 00:22:09,320 --> 00:22:12,159 Speaker 1: the fact that these Chinese officials are here in Washington 399 00:22:12,359 --> 00:22:16,000 Speaker 1: and continuing the conversation, which was something that they announced 400 00:22:16,320 --> 00:22:18,560 Speaker 1: even last week that this was about to happen. And 401 00:22:18,600 --> 00:22:21,200 Speaker 1: every time the President says that this is about to happen, 402 00:22:21,200 --> 00:22:25,399 Speaker 1: there can be more conversations. Wall Street looks up, World 403 00:22:25,480 --> 00:22:28,520 Speaker 1: markets look up, So we are We're always happy when 404 00:22:28,560 --> 00:22:31,639 Speaker 1: we see world markets looking up. So, you know, fingers, 405 00:22:31,760 --> 00:22:35,040 Speaker 1: we all have our fingers crossed, right, Lui ski Avoni 406 00:22:35,240 --> 00:22:39,960 Speaker 1: of Johns Hopkins University's Crisis Communications Professor. Jordan Famian of 407 00:22:40,359 --> 00:22:43,200 Speaker 1: The Hill Newspaper find his reporting at the Hill dot com. 408 00:22:43,200 --> 00:22:46,919 Speaker 1: He's a White House reporter. I find it interesting with 409 00:22:47,000 --> 00:22:50,000 Speaker 1: the U. S. And China trade talks from a calendar standpoint. 410 00:22:50,359 --> 00:22:52,600 Speaker 1: Forget about the politics for a second. There's only so 411 00:22:52,680 --> 00:22:55,680 Speaker 1: much time that they can meet with each other, President 412 00:22:55,680 --> 00:22:57,920 Speaker 1: Trump and President shi Jing Ping. And you're I'm getting 413 00:22:57,920 --> 00:23:00,240 Speaker 1: the feeling from the sources that I talked to Jordans 414 00:23:00,280 --> 00:23:03,119 Speaker 1: that really, if there is a one off between President 415 00:23:03,160 --> 00:23:06,320 Speaker 1: Trump and President She, it would be to formalize in agreement. 416 00:23:06,440 --> 00:23:11,040 Speaker 1: Wouldn't be all of Vietnam, wouldn't be where there's a walkout. Yeah, 417 00:23:11,080 --> 00:23:13,080 Speaker 1: I think that's right. And well, it's it's funny that 418 00:23:13,119 --> 00:23:15,600 Speaker 1: you mentioned that, because that's been part of the Chinese 419 00:23:15,600 --> 00:23:17,439 Speaker 1: trepidation and coming here, is that they don't want to 420 00:23:17,440 --> 00:23:19,320 Speaker 1: be embarrassed as they come all the way over here, 421 00:23:19,520 --> 00:23:21,760 Speaker 1: and the president for some reason and try tries to 422 00:23:21,760 --> 00:23:24,119 Speaker 1: get up and storm out of the meeting. But you're right, Kevin, 423 00:23:24,160 --> 00:23:27,600 Speaker 1: there is deadline pressure. There was a deadline set of 424 00:23:27,680 --> 00:23:31,200 Speaker 1: March first to lift these tariffs that came and went uh. 425 00:23:31,240 --> 00:23:33,600 Speaker 1: Now we have the sort of floating deadline that's happening. 426 00:23:33,800 --> 00:23:36,879 Speaker 1: But there is urgency on both sides to get something done. 427 00:23:37,240 --> 00:23:41,359 Speaker 1: Both as Louise put out pointed out, there there's some 428 00:23:41,400 --> 00:23:44,119 Speaker 1: problems in the Chinese economy, and for President Trump, you know, 429 00:23:44,200 --> 00:23:48,119 Speaker 1: he needs some accomplishments to show the voters in and 430 00:23:48,160 --> 00:23:49,920 Speaker 1: what could be better than a trade deal with China 431 00:23:50,240 --> 00:23:53,080 Speaker 1: that would juice the stock markets and uh really create 432 00:23:53,119 --> 00:23:55,280 Speaker 1: some consumer confidence. What else would it be better than 433 00:23:55,320 --> 00:23:57,640 Speaker 1: demonizing China? Right, I mean you know what I mean, 434 00:23:57,760 --> 00:24:03,680 Speaker 1: especially independent voters, China pulls. So there there in lies 435 00:24:03,720 --> 00:24:06,520 Speaker 1: the rub, which is that there's a lot of disagreement 436 00:24:06,560 --> 00:24:09,440 Speaker 1: within the Trump administration about China and how we should 437 00:24:09,480 --> 00:24:11,280 Speaker 1: treat them. Should we make a deal and get this 438 00:24:11,720 --> 00:24:13,800 Speaker 1: nice deal that would chose the economy, or should we 439 00:24:13,840 --> 00:24:17,800 Speaker 1: take this opportunity now to address these long standing concerns 440 00:24:17,840 --> 00:24:21,600 Speaker 1: like intellectual trade, uh, intellectual property theft and things like that. 441 00:24:21,680 --> 00:24:24,840 Speaker 1: So that's been the disagreement for two years now and 442 00:24:24,920 --> 00:24:28,960 Speaker 1: it's still unsettled. Yeah, I mean, also the White House, 443 00:24:28,960 --> 00:24:32,520 Speaker 1: the Trump administration has to at some point demonstrate that 444 00:24:32,560 --> 00:24:36,560 Speaker 1: these this terr of strategy is actually working for the 445 00:24:36,640 --> 00:24:40,280 Speaker 1: United States. So far, there's little evidence that it's really 446 00:24:40,520 --> 00:24:44,399 Speaker 1: helped very many people. And what President Trump needs is 447 00:24:44,440 --> 00:24:46,920 Speaker 1: a victory. That he needs a solid victory to say, look, 448 00:24:47,160 --> 00:24:49,040 Speaker 1: you know, I put it out on the line that 449 00:24:49,240 --> 00:24:51,720 Speaker 1: we have to end this this and this the intellectual 450 00:24:51,720 --> 00:24:55,800 Speaker 1: property theft, etcetera, etcetera, and UH and the and the 451 00:24:55,880 --> 00:24:58,760 Speaker 1: China and China is now green with me. I love 452 00:24:58,760 --> 00:25:03,280 Speaker 1: it where politics and Hooliicy, Bryce Harper, and Bennet mcmarnold 453 00:25:03,320 --> 00:25:06,280 Speaker 1: collide right here on Sound On with Jordan's Fabian of 454 00:25:06,320 --> 00:25:10,080 Speaker 1: the Hill, Luis ski Avoni of Hopkins, and I'm Kevin Serelli, 455 00:25:10,400 --> 00:25:14,760 Speaker 1: Bloomberg Television and Radio Chief, Washington Correspondent. Download the Sound 456 00:25:14,840 --> 00:25:18,680 Speaker 1: On podcast on Apple iTunes. Can also find my reporting 457 00:25:18,680 --> 00:25:21,959 Speaker 1: as well as my colleagues on radio dot Com, Spotify, 458 00:25:22,200 --> 00:25:25,720 Speaker 1: I heart the Bloomberg Business app, and a host of 459 00:25:25,720 --> 00:25:34,719 Speaker 1: different other platforms. You're listening to Bloomberg. This is Sound 460 00:25:34,800 --> 00:25:39,160 Speaker 1: On with Kevin Cyrilling on Bloomberg one and one oh 461 00:25:39,200 --> 00:25:43,280 Speaker 1: five point seven F M h D two Boltimore. I'm 462 00:25:43,400 --> 00:25:48,359 Speaker 1: Kevin Serelli, Bloomberg Television and Bloomberg Radio Chief Washington Correspondent. 463 00:25:48,760 --> 00:25:52,360 Speaker 1: Time for some twenty twenty chatter talk more fallout for 464 00:25:52,359 --> 00:25:56,320 Speaker 1: former Vice President Joe Biden. Well here, won't he officially 465 00:25:56,720 --> 00:26:02,240 Speaker 1: get into the race? This after alecations of misconduct, of 466 00:26:02,320 --> 00:26:06,800 Speaker 1: inappropriate behavior that I've been ricocheting through the belt Way 467 00:26:06,840 --> 00:26:11,600 Speaker 1: and around the country. Jordan Fabian is a White House 468 00:26:11,640 --> 00:26:14,200 Speaker 1: reporter for The Hill. You can check out his reporting 469 00:26:14,240 --> 00:26:17,920 Speaker 1: on the Hill dot com. Luise Skiavone is a crisis 470 00:26:17,920 --> 00:26:23,359 Speaker 1: communications professor at Johns Hopkins University. She's also a journalist 471 00:26:23,480 --> 00:26:26,320 Speaker 1: in Washington, d c. You can find her work everywhere. 472 00:26:26,359 --> 00:26:31,440 Speaker 1: She's been with CNN and PR serious everywhere around town. 473 00:26:31,480 --> 00:26:33,600 Speaker 1: And we're thrilled to have her on the program. So 474 00:26:33,640 --> 00:26:36,280 Speaker 1: have you been following this this Joe Biden stuff, Luis? 475 00:26:36,520 --> 00:26:38,479 Speaker 1: I love this story, you know, And this is like 476 00:26:38,520 --> 00:26:41,679 Speaker 1: a classic crisis communications case. This is the kind of 477 00:26:41,720 --> 00:26:43,960 Speaker 1: thing that what I'm actually this We're gonna be talking 478 00:26:44,000 --> 00:26:46,920 Speaker 1: about crisis communications in my class and we're going to 479 00:26:47,000 --> 00:26:51,280 Speaker 1: totally talk about this. It's not really allegations of wrongdoing, 480 00:26:51,359 --> 00:26:55,679 Speaker 1: is it. It's like allegations of really making bad judgments 481 00:26:55,800 --> 00:27:00,640 Speaker 1: and um and and bad optics. So so, Joe Biden, 482 00:27:00,920 --> 00:27:03,159 Speaker 1: he's always been a very handsy guy. We all know 483 00:27:03,359 --> 00:27:05,240 Speaker 1: him to have always been a handy guy. It's sort 484 00:27:05,280 --> 00:27:09,320 Speaker 1: of like strom Thurman two point oh strom Thurman, who 485 00:27:09,320 --> 00:27:12,680 Speaker 1: was a senator from a Republican senator from South Carolina. 486 00:27:12,880 --> 00:27:15,440 Speaker 1: I mean he makes Joe Biden look like a pike 487 00:27:15,560 --> 00:27:17,399 Speaker 1: or the stuff that he used to do. He would 488 00:27:17,600 --> 00:27:20,240 Speaker 1: he would grab you in the hallway and dip you 489 00:27:20,320 --> 00:27:23,000 Speaker 1: and kiss you and all this stuff. Joe Biden doesn't 490 00:27:23,000 --> 00:27:27,440 Speaker 1: exactly do that, but especially in the environment that we're 491 00:27:27,440 --> 00:27:29,919 Speaker 1: in this you know, the meat to environment, and you know, 492 00:27:30,080 --> 00:27:33,480 Speaker 1: way way way before me too, it was not acceptable either. 493 00:27:34,040 --> 00:27:37,199 Speaker 1: But what's interesting is the pile on on Joe Biden. 494 00:27:37,359 --> 00:27:40,719 Speaker 1: And one of his former press secretaries wrote UH an 495 00:27:40,720 --> 00:27:43,439 Speaker 1: opinion piece in USA Today and talked about did you 496 00:27:43,480 --> 00:27:46,439 Speaker 1: say this, What a great guy he was to work for, 497 00:27:46,560 --> 00:27:50,679 Speaker 1: That he respected maternity leave, he he gave plenty of 498 00:27:50,680 --> 00:27:54,120 Speaker 1: opportunities to women, let women get back to their families, 499 00:27:54,160 --> 00:27:56,520 Speaker 1: to to be there, to have dinner with their their 500 00:27:56,600 --> 00:27:59,000 Speaker 1: husbands and their children. That he was just a totally 501 00:27:59,040 --> 00:28:02,720 Speaker 1: great guy to work for. So a second woman has 502 00:28:02,760 --> 00:28:06,280 Speaker 1: come forward claiming that the former Vice president Joe Biden. 503 00:28:06,320 --> 00:28:08,760 Speaker 1: According to CBS, which has really been out front of 504 00:28:08,800 --> 00:28:11,760 Speaker 1: this whole story, they've said that saying that that she 505 00:28:12,200 --> 00:28:17,160 Speaker 1: was touching appropriately inappropriately at a political event in two 506 00:28:17,200 --> 00:28:21,600 Speaker 1: thousand and nine in Connecticut. She's a former Congressional aid 507 00:28:21,720 --> 00:28:26,240 Speaker 1: Amy Lapost, and she told this to the Hartford Current. Now, UH, 508 00:28:26,280 --> 00:28:31,560 Speaker 1: this comes following a couple of days ago when UH, 509 00:28:31,720 --> 00:28:35,439 Speaker 1: when another woman of Lucy Flores of Nevada. She's a 510 00:28:36,160 --> 00:28:39,480 Speaker 1: at a campaign of ed said that she was in 511 00:28:39,560 --> 00:28:43,080 Speaker 1: two thousand and fourteen at an event where Biden approached 512 00:28:43,120 --> 00:28:46,520 Speaker 1: her from behind, smelled her hair and kissed her head. Um, 513 00:28:46,720 --> 00:28:53,480 Speaker 1: I want to read ad Let's well, let's talk, let's 514 00:28:53,560 --> 00:28:56,160 Speaker 1: let's all right. So here in a statement the vice 515 00:28:56,200 --> 00:29:00,960 Speaker 1: the former vice president said, quote, I have offered countless handshake, hugs, 516 00:29:00,960 --> 00:29:04,640 Speaker 1: expressions of affections, support and comfort, and not once, never 517 00:29:04,720 --> 00:29:08,040 Speaker 1: did I believe I acted inappropriately. We have arrived at 518 00:29:08,040 --> 00:29:11,120 Speaker 1: an important time when women feel they can and should 519 00:29:11,480 --> 00:29:14,880 Speaker 1: relate their experiences and men should pay attention. And I 520 00:29:14,920 --> 00:29:18,200 Speaker 1: will end quote. Louis you mentioned that that several women 521 00:29:18,200 --> 00:29:23,360 Speaker 1: have come to the former vice president's defense. Anthony Scaramucci, 522 00:29:23,400 --> 00:29:26,560 Speaker 1: who was on the show yesterday, defended Joe Biden. I 523 00:29:26,600 --> 00:29:29,239 Speaker 1: was a little bit surprised because Trump World is, you know, 524 00:29:29,480 --> 00:29:32,640 Speaker 1: including the likes Kelly and Combay have said that they 525 00:29:32,680 --> 00:29:35,920 Speaker 1: don't agree with that. Uh, but Jordan's Fabian of the Hill. 526 00:29:36,320 --> 00:29:38,360 Speaker 1: I want to play for you what speaker Nancy Pelosi 527 00:29:38,440 --> 00:29:42,120 Speaker 1: said earlier today in Washington, d C. When she was 528 00:29:42,160 --> 00:29:45,440 Speaker 1: asked about this at a political Newsmaker event. She was 529 00:29:45,480 --> 00:29:49,040 Speaker 1: asked point blank about Joe Biden's response to all of this. 530 00:29:49,240 --> 00:29:52,240 Speaker 1: Here is the Speaker of the House. So to say 531 00:29:52,240 --> 00:29:58,320 Speaker 1: I'm sorry that you offended is not an apology. I'm 532 00:29:58,360 --> 00:30:02,400 Speaker 1: sorry I I in dated your space, but not I'm 533 00:30:02,400 --> 00:30:06,800 Speaker 1: sorry you were offended, because that's what's that. That's not 534 00:30:06,960 --> 00:30:13,000 Speaker 1: accepting the fact that people think differently about communication, whether 535 00:30:13,080 --> 00:30:17,360 Speaker 1: it's a handshake. That Speaker of the House Nancy Pelosi, 536 00:30:17,440 --> 00:30:21,560 Speaker 1: speaking earlier today at a political Newsmaker breakfast event in Washington, 537 00:30:21,640 --> 00:30:24,040 Speaker 1: d C. Jordan, the Speaker of the House in a 538 00:30:24,080 --> 00:30:31,040 Speaker 1: crowded democratic field, has a tough political type robe to walk. Yeah, Kevin, Uh, 539 00:30:31,400 --> 00:30:35,560 Speaker 1: this really shows how the moors around this kind of 540 00:30:35,600 --> 00:30:38,200 Speaker 1: conduct have changed since Joe Biden end of the political 541 00:30:38,200 --> 00:30:41,000 Speaker 1: regn the nineteen seventies. Um luis, like you said, like 542 00:30:41,040 --> 00:30:42,840 Speaker 1: he's been doing this stuff for a long time. You know, 543 00:30:42,880 --> 00:30:44,840 Speaker 1: I covered the obomb administration. I saw him do this 544 00:30:44,920 --> 00:30:47,720 Speaker 1: kind of thing, both with social events and the work events. 545 00:30:47,760 --> 00:30:52,360 Speaker 1: But um the question now is not did Joe Biden 546 00:30:52,960 --> 00:30:56,040 Speaker 1: intend to make somebody feel bad? It's it's did they 547 00:30:56,080 --> 00:30:59,040 Speaker 1: feel bad? And I think that's the question that the 548 00:30:59,080 --> 00:31:01,959 Speaker 1: Biden and his tea are having trouble dealing with. And 549 00:31:02,000 --> 00:31:04,800 Speaker 1: it also points to the fact that Joe Biden, if 550 00:31:04,800 --> 00:31:07,840 Speaker 1: he enters the race, will be considered one of the 551 00:31:07,880 --> 00:31:12,400 Speaker 1: front runners, but also might struggle to uh get traction 552 00:31:12,440 --> 00:31:17,640 Speaker 1: in this environment when adherence to that your progressive norms. 553 00:31:17,640 --> 00:31:20,240 Speaker 1: And and also this, this question of this question me 554 00:31:20,320 --> 00:31:22,440 Speaker 1: too is so prevalent in the debate. Um, you know, 555 00:31:22,520 --> 00:31:25,320 Speaker 1: he's he's certainly a relican to pass in that sense. 556 00:31:25,360 --> 00:31:28,520 Speaker 1: And and and by what we're seeing in the response 557 00:31:28,560 --> 00:31:31,120 Speaker 1: from his team, um, their clue is struggling to respond 558 00:31:31,120 --> 00:31:33,200 Speaker 1: to it, which is interesting because I think they should 559 00:31:33,200 --> 00:31:36,520 Speaker 1: have been anticipating this question in the lead up to 560 00:31:36,560 --> 00:31:38,840 Speaker 1: his rollout. Yeah, it seems like the stuff was stocked 561 00:31:38,880 --> 00:31:41,959 Speaker 1: up and just ready to go. And what's interesting is 562 00:31:42,040 --> 00:31:47,520 Speaker 1: that Michael Bloomberg might be thinking about running on if 563 00:31:48,280 --> 00:31:51,880 Speaker 1: if Biden decides not to. That was reported on ACS. 564 00:31:52,040 --> 00:31:53,960 Speaker 1: I don't know whether or not is true. But the thing. 565 00:31:54,360 --> 00:31:58,960 Speaker 1: The thing about Joe Biden is that what hurts him 566 00:31:59,040 --> 00:32:01,120 Speaker 1: is that it does make him look like an old person. 567 00:32:01,600 --> 00:32:04,680 Speaker 1: He looks like some old guy right as opposed to 568 00:32:04,720 --> 00:32:10,120 Speaker 1: some new guy who is you know, who is chaptain 569 00:32:10,160 --> 00:32:12,600 Speaker 1: to the me too values. And it comes at a 570 00:32:12,640 --> 00:32:17,440 Speaker 1: time in which the fundraising numbers are really echoing in 571 00:32:17,760 --> 00:32:23,680 Speaker 1: Bernie Sanders raising eighteen point two million dollars, eighteen point 572 00:32:23,800 --> 00:32:29,600 Speaker 1: two million dollars Jordan, Jordan, he's leading Democratic fundraising field 573 00:32:30,400 --> 00:32:32,960 Speaker 1: UH for his presidential bid in the first three months 574 00:32:32,960 --> 00:32:35,920 Speaker 1: of the year. Yesterday, what a difference today makes? Yesterday 575 00:32:35,920 --> 00:32:38,000 Speaker 1: p Bud Judge the four bend in the anime or 576 00:32:38,320 --> 00:32:43,480 Speaker 1: saying he got like seven mill Bernie goes boom boom boom, 577 00:32:43,480 --> 00:32:46,400 Speaker 1: eighteen point two million dollars in the first quarter, big 578 00:32:46,400 --> 00:32:50,040 Speaker 1: bucks from Sanders world. Yeah, and again, Kevin, this points 579 00:32:50,040 --> 00:32:53,320 Speaker 1: to the questions rounding Biden and when he's going to 580 00:32:53,440 --> 00:32:56,560 Speaker 1: make this decision, because you look at these fundraisering numbers 581 00:32:56,560 --> 00:33:00,400 Speaker 1: coming in from the top tier candidates. Even Poose considered 582 00:33:00,440 --> 00:33:04,600 Speaker 1: a Midtlorty candidates pulling in seven million dollars in the 583 00:33:04,640 --> 00:33:08,200 Speaker 1: first quarter and got a little jealous. Right, Well, I mean, 584 00:33:08,240 --> 00:33:10,560 Speaker 1: I'm sure I'm sure Betto will pull in a huge 585 00:33:10,640 --> 00:33:13,520 Speaker 1: number as well. And how Vanity Fair helped him all. 586 00:33:14,760 --> 00:33:18,280 Speaker 1: So it's you know, but again, like Biden has to 587 00:33:18,280 --> 00:33:20,280 Speaker 1: be asking himself and the people around him, you know, 588 00:33:20,280 --> 00:33:21,960 Speaker 1: when is he going to jump in the race or not, 589 00:33:22,080 --> 00:33:25,400 Speaker 1: because he's he's risking losing out on donors and and 590 00:33:25,440 --> 00:33:28,480 Speaker 1: losing out on key staff fires if he waits too long. 591 00:33:29,120 --> 00:33:32,320 Speaker 1: What do you think of these fundraising numbers? Least, I'm 592 00:33:32,360 --> 00:33:34,720 Speaker 1: always amazing that people have this much money to give 593 00:33:34,760 --> 00:33:38,400 Speaker 1: to I think, like, where did they get this money? 594 00:33:38,680 --> 00:33:40,880 Speaker 1: And I think that mayor Pete you know, could very 595 00:33:40,880 --> 00:33:46,160 Speaker 1: well eat Bettos lunch. Yeah, And it is interesting because 596 00:33:46,160 --> 00:33:48,240 Speaker 1: it's you know, I'm looking at the Bloomberg terminal some 597 00:33:48,280 --> 00:33:53,160 Speaker 1: of these numbers. Barack Obama raised twenty five mill uh 598 00:33:53,400 --> 00:33:55,840 Speaker 1: in the first quarter of two thousand and seven, so 599 00:33:55,880 --> 00:33:58,240 Speaker 1: this is on pace. I mean, it's not on herd 600 00:33:58,240 --> 00:34:01,760 Speaker 1: of I mean Barack Obama. Then like the the incredible 601 00:34:01,920 --> 00:34:05,720 Speaker 1: you know, uh candidate Jore I do want to know 602 00:34:05,840 --> 00:34:08,560 Speaker 1: Luisi mentioned this. Michael Bloomberg is the founder of Bloomberg LP, 603 00:34:08,880 --> 00:34:12,399 Speaker 1: the parent company of Bloomberg Radio, and Axio is making 604 00:34:12,440 --> 00:34:14,719 Speaker 1: that report off of Joe Biden. We're gonna have to 605 00:34:14,800 --> 00:34:17,520 Speaker 1: leave it their team. I want to thank Luis ski Any. 606 00:34:18,000 --> 00:34:21,680 Speaker 1: She is a John's Hopkins crisis communications professor, also a 607 00:34:21,760 --> 00:34:25,360 Speaker 1: journalism veteran in Washington, d C. A good friend of 608 00:34:25,360 --> 00:34:28,839 Speaker 1: the program and of mine and Jordan Fabian another friend 609 00:34:28,840 --> 00:34:30,759 Speaker 1: of the program who was on and when we were 610 00:34:30,800 --> 00:34:32,880 Speaker 1: in Vietnam. So's I want to thank you for that. 611 00:34:33,000 --> 00:34:35,320 Speaker 1: Before we signed off. I gotta say, Kevin, go nuts. 612 00:34:37,080 --> 00:34:38,960 Speaker 1: You guys are just really yeah. This was just like 613 00:34:39,080 --> 00:34:43,880 Speaker 1: tense tense Man Bowser. If you're listening, Benedict Donald tweet, 614 00:34:43,920 --> 00:34:46,839 Speaker 1: be damned. Thanks to Jordan find his reporting at the Hill. 615 00:34:46,920 --> 00:34:49,200 Speaker 1: That's it for me. I'm Kevin SERELLI check us out 616 00:34:49,600 --> 00:34:53,880 Speaker 1: of Bloomberg dot com, the Bloomberg Business app as well Spotify, iTunes, 617 00:34:54,239 --> 00:34:57,440 Speaker 1: Radio dot com, and I heart you're listening to Bloomberg. 618 00:35:01,360 --> 00:35:03,880 Speaker 1: I don't hear it.