WEBVTT - Gov. Glenn Youngkin Talks Protests, 2024 Election

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

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<v Speaker 2>Now it goes without saying it is, of course a

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<v Speaker 2>pivotal year for US politics, as President Biden former President

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<v Speaker 2>Trump face off in a twenty twenty presidential election rematch

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<v Speaker 2>in November. Of course, so this year plenty of voters

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<v Speaker 2>to think about it course when November comes around, with

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<v Speaker 2>economic issues including the cost of living at the forefront

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<v Speaker 2>for many, very pleased to say right now to talk

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<v Speaker 2>about all these issues, and a trade mission to Europe.

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<v Speaker 2>Glenn Youngkin, the Governor of Virginia visiting Europe on this

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<v Speaker 2>trade mission. It's the third international trade mission, then, Governor,

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<v Speaker 2>for you in your role Germany, Denmark, Finland, Switzerland, how

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<v Speaker 2>do you define success on a mission like this?

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<v Speaker 1>Well, first of all, thank you for having me, and

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<v Speaker 1>we have had a tremendous trip to Europe. We've seen

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<v Speaker 1>great companies, we've seen political leaders, and success for US

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<v Speaker 1>is defined first by deepening relationships. We have a number

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<v Speaker 1>of great companies that have been in Virginia for thirty

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<v Speaker 1>forty fifty years that are headquartered in Europe but have

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<v Speaker 1>their US headquarters or manufacturing in Virginia, but also new

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<v Speaker 1>relationships and it's also been a great time for us

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<v Speaker 1>to meet new companies that are interested in coming to Virginia,

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<v Speaker 1>and we've had a couple of really interesting, great announcements

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<v Speaker 1>four hundred million dollars investment in Virginia yesterday out of

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<v Speaker 1>Denmark with one hundred and fifty new jobs. But on

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<v Speaker 1>top of that, we've also been able to glean real

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<v Speaker 1>insight into macro trends. And of course I've heard tom

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<v Speaker 1>over and over again about the tremendous risk of China

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<v Speaker 1>and the need to be invested in the US, the

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<v Speaker 1>need to make sure that power is reliable and affordable

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<v Speaker 1>and increasingly clean. And of course talent is at the

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<v Speaker 1>forefront of all discussions, and Virginians of the home to

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<v Speaker 1>the best talent in the nation, and that's why people

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<v Speaker 1>want to be there.

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<v Speaker 2>Really really interesting. Of course, you have the economic performance

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<v Speaker 2>of the US as well, the inflation Redutch, and I

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<v Speaker 2>want to in terms of the reliably Lizzy question, Gulf

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<v Speaker 2>is the un still reliable? Still be reliable off in November?

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<v Speaker 2>If you get a President Trump in office. There's deep

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<v Speaker 2>concern we know this in European capituls about where President

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<v Speaker 2>Trump stands on things like NATO on Ukraine on trade. Indeed,

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<v Speaker 2>has that been the topic that's come up? Is that

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<v Speaker 2>concerned justified?

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<v Speaker 1>Well? I think people look back at the rip roaring

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<v Speaker 1>economy that was built during the last Trump administration and

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<v Speaker 1>would fully expect that President Trump, should he be elected,

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<v Speaker 1>would build a rip ring economy again. And of course,

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<v Speaker 1>the challenges that we have in the US economy today

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<v Speaker 1>are underpinned by high inflation and low growth. And I

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<v Speaker 1>see it every day. Virginians are struggling, They're living paycheck

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<v Speaker 1>to paycheck. The grocery store prices have gone up twenty

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<v Speaker 1>five percent over the last few years. Gas prices are

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<v Speaker 1>up fifty percent. The silent thief of inflation is really

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<v Speaker 1>causing challenges, and so we need the opposite. We need

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<v Speaker 1>low and and high growth. I believe that's what President

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<v Speaker 1>Trump built his last time. It's an economy that people

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<v Speaker 1>remember very well, and that's the economy that we need

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<v Speaker 1>to make sure that international companies are investing into. And Tom,

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<v Speaker 1>I think at the heart of this is the recognition

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<v Speaker 1>that the threat of China around the world is driving

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<v Speaker 1>particularly European businesses, to understand that trusted relationships supply chains

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<v Speaker 1>in these most critical industries like semiconductors, like pharmaceuticals, like

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<v Speaker 1>electric vehicle batteries, and the need for advanced storage are

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<v Speaker 1>driving people to want to invest in the United States,

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<v Speaker 1>grow businesses in the United States, and deepen the already

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<v Speaker 1>great relationships that we have.

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<v Speaker 2>And so therefore, presumably you would lolly against tariffs on

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<v Speaker 2>European businesses on the European economy if that's what comes

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<v Speaker 2>through from a President Trump.

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<v Speaker 1>Yeah, of course, the issue of tariff's is something that's

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<v Speaker 1>was used effectively back in the Trump administration in establishing

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<v Speaker 1>a real recognition that China was competing unfairly. China continues

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<v Speaker 1>to compete unfairly, and it needs to be combated, and

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<v Speaker 1>that's why the deep relationship with trusted allies is so important. Listen.

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<v Speaker 1>The bottom line is we need to make sure that

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<v Speaker 1>open access to markets goes both directions. And one of

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<v Speaker 1>the things I've enjoyed the most is the recognition from

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<v Speaker 1>so many European businesses that investing in the United States

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<v Speaker 1>and developing a strong platform for research and development, for manufacturing,

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<v Speaker 1>for distribution, for aftermarket support is so important. You know,

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<v Speaker 1>one of the things we've seen in Virginia which have

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<v Speaker 1>been so exciting is the companies like steel from Germany

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<v Speaker 1>have been in Virginia for fifty years. Their US manufacturing

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<v Speaker 1>hub is there, their headquarters is there, their service centers

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<v Speaker 1>are there. And that's what I think, that's what companies

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<v Speaker 1>are recognizing the US offers, and particularly Virginia.

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<v Speaker 2>Okay Governor on the politics of the US and with

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<v Speaker 2>seeing this cools across campuses, universities across the US, not

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<v Speaker 2>just in your homestead, but it's happened as well. We

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<v Speaker 2>saw some vondence at at Virginia Commonwealth University en Richmond,

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<v Speaker 2>not far from your governor's mentioned. What actions would you

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<v Speaker 2>be prepared to take if that kind of vondnce flies

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<v Speaker 2>up again.

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<v Speaker 1>Well, at the heart of this, first of all, is

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<v Speaker 1>a real commitment to freedom of expression. It's in our

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<v Speaker 1>First Amendment, in our Bill of Rights, to our Constitution.

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<v Speaker 1>But it needs to be peaceful. And these demonstrations have

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<v Speaker 1>crossed over peaceful in a big way. And what we've

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<v Speaker 1>course seen is non students causing real problems, non students

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<v Speaker 1>inciting hate speech and anti Semitism and violence. And so

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<v Speaker 1>we preemptively went to work with our Attorney General, Jason

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<v Speaker 1>mars in Virginia law enforcement, leaders of our universities and

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<v Speaker 1>colleges to make sure that we tried to preempt this.

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<v Speaker 1>We would not allow encampments intents. We are not allowing

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<v Speaker 1>hate speech, and if they're peaceful, then of course that's

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<v Speaker 1>part of our constitutional right and part of the American fabric,

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<v Speaker 1>but we can't allow hate speech, anti Semitism, and most importantly,

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<v Speaker 1>violence and disruption and threats. I think we've been effective

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<v Speaker 1>in coordinating this, and I'm hopeful that we can continue

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<v Speaker 1>to make sure that the safety on our university campus

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<v Speaker 1>is paramount.

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<v Speaker 2>Former President Trump describing the white supremacist rally in Charlottesville,

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<v Speaker 2>Virginia of twenty seventeen that we will remember so stannically

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<v Speaker 2>as peanuts compared to these university protests is not the

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<v Speaker 2>right way to chounts rise it.

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<v Speaker 1>Well. I think one of the big priorities that we've

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<v Speaker 1>had is to preempt and to make sure that violence

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<v Speaker 1>doesn't even get started. And that's why this coordination early

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<v Speaker 1>on with our Attorney General, with law enforcement, and with

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<v Speaker 1>university leadership has been so important. And what we saw,

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<v Speaker 1>of course at Virginia Commonwealth was a large introduction of

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<v Speaker 1>outside element. They were bringing supplies. They actually brought water

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<v Speaker 1>bottles that had been filled with bear spray. They were

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<v Speaker 1>organized to try to confront law enforcement. And I don't

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<v Speaker 1>believe that's the students. I think that's outside influences, and

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<v Speaker 1>that's why it's so important that we're coordinated in a

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<v Speaker 1>preemptive way to make sure that everyone stays safe.

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<v Speaker 2>Are you worried more generally about political violence and civil

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<v Speaker 2>unrest in and around the November general election in the US.

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<v Speaker 1>Well, again, I firmly believe that the ability to freely

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<v Speaker 1>express one's views is so important. It's part of America,

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<v Speaker 1>it's part of our constitutional freedoms and rights, and we

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<v Speaker 1>must protect those. But there are real boundaries, and when

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<v Speaker 1>threats are made in violence ensues, then we can't allow

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<v Speaker 1>that to happen, and we've seen that when it goes,

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<v Speaker 1>when it goes unaddressed, we can have cerch situations like

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<v Speaker 1>we saw up Columbia or we saw out in California

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<v Speaker 1>this week, where violence ensues and we just can't allow

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<v Speaker 1>that to happen. Most importantly, there is an absolute safe place,

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<v Speaker 1>a freedom of expression that we need to ensure, but

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<v Speaker 1>we must draw boundaries on what we're not going to

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<v Speaker 1>allow and intimidation, hates speech, and violence won't be allowed

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<v Speaker 1>in the Commonwealth of Virginia.

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<v Speaker 2>Another lightning rod issue for voters, it seems, is abortion

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<v Speaker 2>reproductive rights in the US, and it seems like at

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<v Speaker 2>the ballot voters are setting a pretty clear message that

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<v Speaker 2>they want to keep reproductive rights. And you saw that

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<v Speaker 2>in your own state, Virginia last year, voters telling you

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<v Speaker 2>that Republicans are on the wrong side of this issue.

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<v Speaker 1>Well, first of all, this is an incredibly emotional and

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<v Speaker 1>difficult topic across the United States, and with the Supreme

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<v Speaker 1>Court ruling now two years ago on most states had

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<v Speaker 1>taken up I think the appropriate responsibility what we tried

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<v Speaker 1>to do in Virginia was fine common ground to find

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<v Speaker 1>a place that was reasonable. And I think that discussion

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<v Speaker 1>is really important for us to have, and I'm committed

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<v Speaker 1>to continue that discussion because I do think that it

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<v Speaker 1>all starts with hearing one another and making sure that

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<v Speaker 1>we first understand that, yes, this is an incredibly difficult topic,

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<v Speaker 1>and second of all, there is a reasonable place to land,

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<v Speaker 1>and that's the place that I can continue to work

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<v Speaker 1>with our General Assembly in Virginia to try to

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<v Speaker 2>Find Governor Glen Youngkin, Governor of Virginia, really appreciate your

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<v Speaker 2>time this morning as you wrap up that trade mission

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<v Speaker 2>of course to your IT and we look for it's

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<v Speaker 2>welcome you here in the UK at some point later

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<v Speaker 2>this year, so thank you.