WEBVTT - Sen. Elissa Slotkin Talks US Tariffs, Relationship with US

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio news.

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<v Speaker 2>Bloomberg's Oliver Crook now standing by with Senator Elyssa slock In,

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<v Speaker 2>the Democrat from Michigan, has just arrived in Munich as

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<v Speaker 2>part of a codell with some very important topics to discuss. Oliver,

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<v Speaker 2>Thanks for bringing us this conversation over to you.

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<v Speaker 1>Great. Thanks.

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<v Speaker 3>Absolutely, Yeah, we're very pleased to be joined by Alyssa Slockin,

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<v Speaker 3>the Democratic Senator from Michigan today joining us from the

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<v Speaker 3>sidelines of the Munich Security Conference. I'd like to talk

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<v Speaker 3>about foreign policy America standing on the global stage. You know,

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<v Speaker 3>I've been here for the last twelve months covering Europe.

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<v Speaker 3>Ever since JD Vance's speech, it has been a conversation

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<v Speaker 3>completely monopolized by the sort of maga foreign policy that

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<v Speaker 3>is the America that Europe has got. There is another America.

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<v Speaker 3>You are here as an emissary of that America. What

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<v Speaker 3>does that America say to your European partner?

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<v Speaker 1>We I think there's a lot of us who are here,

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<v Speaker 1>certainly from the Senate and the House, to send the

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<v Speaker 1>message that not everyone agrees with the approach that this

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<v Speaker 1>president is taking. Right that my president is taking which

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<v Speaker 1>is kick your allies and the teeth and cozy up

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<v Speaker 1>to your adversaries.

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<v Speaker 4>It's the opposite of what many of us were being

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<v Speaker 4>where we're taught and how we lived.

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<v Speaker 1>And I think, you know, we wanted to send the

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<v Speaker 1>message that the United States is going through something.

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<v Speaker 4>We know it, you all know it. Europeans know what.

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<v Speaker 4>Everyone in the world knows that we are having a real.

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<v Speaker 1>Crisis in the United States. And I do believe we're

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<v Speaker 1>going to come through it. But in the meantime, it's

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<v Speaker 1>only natural that you question what we're doing, why we're

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<v Speaker 1>doing it, and who it helps.

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<v Speaker 3>And so you've had a great deal of meetings already,

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<v Speaker 3>you will have a great many more over the next

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<v Speaker 3>couple of days. What are the questions that the Europeans

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<v Speaker 3>are at.

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<v Speaker 1>The minute they get you in the room and close

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<v Speaker 1>the door, they're just like, what is going on in America?

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<v Speaker 3>Right?

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<v Speaker 1>I mean, sort of not believing in themselves. And I think, again,

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<v Speaker 1>I try to explain it's not that anyone's missing it,

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<v Speaker 1>what is happening and how I think we come out

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<v Speaker 1>of it, which is like I still believe that the

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<v Speaker 1>American public does not want an authoritarian leader.

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<v Speaker 4>We don't want a king.

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<v Speaker 1>Our whole country is based on that, and there are

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<v Speaker 1>certain barometers we have for authoritarianism, and we're just we're

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<v Speaker 1>going to come out of it.

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<v Speaker 4>It's just going to take a bite.

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<v Speaker 3>And on the other side of that fight. You know,

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<v Speaker 3>obviously Trump will not be a president forever, even if

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<v Speaker 3>for some of the people in this room that they

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<v Speaker 3>may feel that way. In what ways do you think

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<v Speaker 3>that American stature on the global stage has been permanently damaged?

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<v Speaker 3>Because I can tell you that over the last twelve

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<v Speaker 3>months of the Europeans really wanted to take a sort

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<v Speaker 3>of optimistic view of kind of how things could materialize.

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<v Speaker 3>Then there was the Greenland episode, and it feels that

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<v Speaker 3>a sort of moment of trust there has been broken

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<v Speaker 3>in a severe way.

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<v Speaker 1>Yeah, I think, Look, I think it takes a long

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<v Speaker 1>time to build trust in an.

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<v Speaker 4>Instant to lose it.

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<v Speaker 1>You know, I'm someone who my father came on the

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<v Speaker 1>beaches of Normandy with the American troops, Like I believe deeply.

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<v Speaker 4>That America has a good role to play.

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<v Speaker 1>That we are, you know, in a long term relationship

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<v Speaker 1>with Europe and that's to the benefit of all all

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<v Speaker 1>of us.

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<v Speaker 4>But when you start acting erratically.

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<v Speaker 1>When you act like a mad and no one knows

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<v Speaker 1>what you're going to do next, they can't trust to.

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<v Speaker 4>Make a deal with you, to sign up for something.

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<v Speaker 1>You know, when you insult the soldiers of the countries

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<v Speaker 1>that have been in coalition with US in Iraq and Afghanistan,

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<v Speaker 1>places that I have served, you understand why people say, well,

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<v Speaker 1>wait a minute, what do we do this for?

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<v Speaker 4>And the United States needs friends. There's a globalized world.

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<v Speaker 1>We need as many friends as we can have, and

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<v Speaker 1>alienating our friends is actually bad.

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<v Speaker 4>For our national security.

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<v Speaker 3>There's another side of these Trump foreign policy that has

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<v Speaker 3>actually been quite effective. And actually, if you speak to

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<v Speaker 3>some of the people in the room, they said that, yes,

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<v Speaker 3>it's true Europe has not been paying its way, and

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<v Speaker 3>we should say that that's something that the United States

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<v Speaker 3>has put pressure on since Obama, but it has never

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<v Speaker 3>really delivered a change until this sort of very aggressive policy.

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<v Speaker 3>Do you think that there is something too that you

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<v Speaker 3>needed a sort of Trump level event in order to

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<v Speaker 3>get that out of Europe?

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<v Speaker 1>Well, look, I wish it wasn't done in the way

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<v Speaker 1>it was done, but I used to come here as

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<v Speaker 1>a Pentagon official and a CIA Officer Cumna Munich and

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<v Speaker 1>say please do more, Please invest more in your own defense.

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<v Speaker 4>The Russians aren't just a threat to us, threat to you.

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<v Speaker 4>They're your neighbors.

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<v Speaker 1>And we got the like, well, it's nice to see you,

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<v Speaker 1>very diplomatic and unfortunately the lesson that's been taught is

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<v Speaker 1>if you club your allies over the head, they will

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<v Speaker 1>eventually give you something more. I don't want that to

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<v Speaker 1>be the lesson, but I have to admit that's what's happened.

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<v Speaker 4>I mean, Putent has helped too.

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<v Speaker 1>But I think that that's not the way we want

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<v Speaker 1>to proceed. We want people to pay their way.

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<v Speaker 3>And a place that potentially the Trump administration does need

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<v Speaker 3>help from the Europeans is on this question of China,

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<v Speaker 3>potentially a collective approach. There have been some high level

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<v Speaker 3>meetings with critical raw materials that have been underway at

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<v Speaker 3>the moment.

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<v Speaker 4>Do you see the sort of.

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<v Speaker 3>Scope for cooperation with the Europeans on the question of China.

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<v Speaker 3>Do you think there's more sort of space that they

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<v Speaker 3>could occupy sort of together with the United States.

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<v Speaker 1>I think there's a ton of room for cooperation with

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<v Speaker 1>the Europeans visa e. China, But we have to have

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<v Speaker 1>our house in order in the United States on what

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<v Speaker 1>we want out of China. And as someone who's from

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<v Speaker 1>a car manufacturing.

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<v Speaker 4>State, every day I'm confused.

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<v Speaker 1>Right, we have more tariffs right now on Canada than

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<v Speaker 1>we do on China. One day we're all about by America.

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<v Speaker 1>The next day Donald Trump's talking about letting in Chinese

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<v Speaker 1>electric vehicles into the United States.

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<v Speaker 4>So we got to get our house in order.

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<v Speaker 1>And I understand why Europeans would be hedging on making

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<v Speaker 1>a deal even though that's absolutely in our best interest

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<v Speaker 1>for both sides.

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<v Speaker 3>And on the question of tariffs, you had this vote

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<v Speaker 3>in the House, bipartisan basically saying that they are not

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<v Speaker 3>in favor of these tariffs with Canada. How do you

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<v Speaker 3>interpret that on as a sort of referendum on Trump

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<v Speaker 3>economic policy?

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<v Speaker 4>And do you think it changes anything? It was a

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<v Speaker 4>big deal.

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<v Speaker 1>I mean, look, bravery sometimes comes in millimeters. We had

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<v Speaker 1>six Republicans who broke with their party and voted with

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<v Speaker 1>Democrats to say the president's sloppy tariff policy isn't good

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<v Speaker 1>and should be repealed and looked at. That opens a

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<v Speaker 1>door to a bunch more votes on tariffs.

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<v Speaker 4>That is a big deal. I'll take it right.

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<v Speaker 1>Do I wish people were stronger and spoke up for

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<v Speaker 1>their local state economies?

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<v Speaker 4>Yeah? But will I take this Yes, And it's definitely.

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<v Speaker 1>I think people looking ahead to the midterms and saying

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<v Speaker 1>he's a boat anchor these tariffs certainly are a boat

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<v Speaker 1>anchor for their reelection.

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<v Speaker 3>What do you think it tells us about what we

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<v Speaker 3>can expect in the midterms. I know we're still some

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<v Speaker 3>since a way.

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<v Speaker 4>Yeah, I think people are upset.

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<v Speaker 1>They're upset because he said he was going to do

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<v Speaker 1>something about the economy. He's focused more, much more on

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<v Speaker 1>foreign policy.

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<v Speaker 4>He said he was going to bring back jobs.

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<v Speaker 1>Michigan has lost almost more jobs than any other state

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<v Speaker 1>in the country. He just hasn't lived up with the

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<v Speaker 1>things that he campaigned on and has been focused abroad.

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<v Speaker 1>And I think that people want to know what he's

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<v Speaker 1>going to do for them and their lives, and he's

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<v Speaker 1>just not made that his priority.

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<v Speaker 3>And I also wanted to talk about the sort of

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<v Speaker 3>thing it's more squarely on the domestic side, the indictment

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<v Speaker 3>that was attempted against you and a number of fellow

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<v Speaker 3>Democrats that they've obviously elected not to move forward on.

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<v Speaker 3>Just your reaction to that. Do you consider the matter

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<v Speaker 3>to be closed at this stage.

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<v Speaker 4>I don't think anyone considers it closed.

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<v Speaker 1>And we're already hearing rumors that they're going to try

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<v Speaker 1>again to indict us for our guess sedition and just

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<v Speaker 1>to review the bidding. It's a ninety second video that

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<v Speaker 1>just restates current military law that you have a responsibility

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<v Speaker 1>to refuse illegal orders. All of us are service our

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<v Speaker 1>veteran folks, we all served in some capacity, and I

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<v Speaker 1>think you know the president is weaponizing the federal government

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<v Speaker 1>against his perceived adversaries. It's right out of an authoritarian playbook.

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<v Speaker 1>Many Europeans understand that better than most Americans, and I think, uh,

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<v Speaker 1>this is where we've come to in the United States.

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<v Speaker 1>And if they can do it to a setting senator,

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<v Speaker 1>what can they do to a business leader, a community leader.

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<v Speaker 3>Is that where you see the sort of next the

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<v Speaker 3>next line of that sort of progress. Where is it

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<v Speaker 3>a flood to zone tactic or do you consider something

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<v Speaker 3>much sorter?

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<v Speaker 2>No?

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<v Speaker 4>I think intimidation is the point.

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<v Speaker 1>It's physical intimidation, and like a month long threats, you know,

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<v Speaker 1>to my home, bomb threats my parents or went after

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<v Speaker 1>and then it's legal intimidation, right, make me pay lots

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<v Speaker 1>of lots of money.

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<v Speaker 4>To have a lawyer and be in this legal legal limbo.

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<v Speaker 4>You do that to the average person, they say, you

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<v Speaker 4>know what, I'm just going to go quiet. I'm not

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<v Speaker 4>going to speak up anymore. I'm not gonna I'm not

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<v Speaker 4>going to shout from the rooftops.

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<v Speaker 1>And I'm just not going to do that because I

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<v Speaker 1>know that he is trying to intimidate, intimidate people to

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<v Speaker 1>be quiet.

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<v Speaker 3>And you've had some sort of words of support from

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<v Speaker 3>of Republicans, perhaps not actions of support. How do you

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<v Speaker 3>interpret that? Is there more do you think that needs

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<v Speaker 3>to be done?

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<v Speaker 4>Yeah?

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<v Speaker 1>Again, five or six Republicans said, I think the right thing,

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<v Speaker 1>which is, look, you can't go after someone out of

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<v Speaker 1>their freedom of speech, even if they didn't agree with

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<v Speaker 1>the video. And I would never want that for them.

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<v Speaker 1>You know, the tide can turn, Democrats could win again.

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<v Speaker 1>I don't want Democrats saying, oh, we should go after

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<v Speaker 1>Republican senators for a ninety second video. I don't want

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<v Speaker 1>that for anybody. So I appreciate those who stood up.

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<v Speaker 1>I would like there to be more joining them, and.

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<v Speaker 3>Just a sort of final question for you. We obviously

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<v Speaker 3>had the speech twelve months ago from Jadvance that kicked

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<v Speaker 3>off the sort of maga foreign policy that chrystalize of

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<v Speaker 3>the year. What do you expect to hear from Marco

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<v Speaker 3>Rubio tomorrow?

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<v Speaker 1>You know, my sense is they have brought in Marco

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<v Speaker 1>Rubio to kind of smooth the edges. Vance is not here,

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<v Speaker 1>a lot of the hardcore folks, you know, Pete hagg

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<v Speaker 1>Seth isn't here. They brought in the diplomat to try

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<v Speaker 1>and explain what the maga foreign policy is in terms

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<v Speaker 1>that you know, foreign policy people understand. So I'm not

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<v Speaker 1>expecting fireworks the way I mean, I remember sitting there

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<v Speaker 1>listening to j. D Vance's speech last year just with shock,

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<v Speaker 1>and I don't think.

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<v Speaker 4>We're going to hear that.

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<v Speaker 3>I just actually one more final question in terms of

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<v Speaker 3>the sort of U term that we did see on Greenland. Obviously,

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<v Speaker 3>it's an issue that doesn't have a huge amount of

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<v Speaker 3>domestic support, does not have a huge amount of support

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<v Speaker 3>among even in the government of the United States, certainly

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<v Speaker 3>not among allies. What do you think really prompted that

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<v Speaker 3>U turn? What was the thing that really made Trump

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<v Speaker 3>sort of change his mind?

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<v Speaker 1>Is kind to say, you know, your guests may be

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<v Speaker 1>as good as mine. I don't understand what affects him

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<v Speaker 1>and in the dark of night, how he decides, and

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<v Speaker 1>that's I think part of it, right. It's really hard

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<v Speaker 1>to predict what he's going to do and say so

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<v Speaker 1>being friends with him, being an ally of his, is

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<v Speaker 1>really really difficult at this moment.

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<v Speaker 4>It's why we're here.

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<v Speaker 3>Well, listen, Slotkin, thank you so much for your time.

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<v Speaker 3>Greatly appreciated from the great State of Michigan. The senator

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<v Speaker 3>there today from the munich Security Conference