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Speaker 1: Live from our nation's came this budget thing is going

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Speaker 1: to do nothing the spaceports. I still think it's interesting

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Speaker 1: President Trump not playing his cards yet headlines Policy and Politics,

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Speaker 1: A lighting sound on with Kevin's related the insiders, the influencers,

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Speaker 1: the insiders. I would rather see a congressional solution. It's

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Speaker 1: part of my DNA. The Senate map in looks a

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Speaker 1: lot different than it looked in. You really have a

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Speaker 1: divide within Team Trump. The president has to do exactly

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Speaker 1: what people seven here to do, which is to get

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Speaker 1: it done. Is He's sound on with Kevin's related on

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Speaker 1: Bloomberg nine one and one point seven a m h

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Speaker 1: D two Boltimore Treasury Secretary Stephen Manustian is headed with

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Speaker 1: Bob Leinheiser of the US Trade Representative to Beijing next week.

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Speaker 1: The latest on US China trade talks this hour. As

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Speaker 1: more fallout between President Trump and Venezuela. There was a

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Speaker 1: press conference earlier today at the Rose Garden, President Trump

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Speaker 1: appearing with President Bolson Are of Brazil, the Brazilian president

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Speaker 1: and the shadow of the Chinese really casting itself in

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Speaker 1: the Rose Garden because of how much Brazil is starting

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Speaker 1: to shift their own policy away from the Chinese and

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Speaker 1: toward the U S. We're gonna dive into all of that,

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Speaker 1: and of course more from GM, the closing of their

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Speaker 1: Lords Town, Ohio plan laying off thousands of workers. We've

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Speaker 1: got Dave Green of the United Auto Workers. He's already

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Speaker 1: on hold. The President has tweeted against him within the

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Speaker 1: last forty eight hours. He's caught in the middle between

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Speaker 1: Mary Barra at GM and President Trump. He's gonna give

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Speaker 1: us the latest on how all of this Twitter escalation

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Speaker 1: and the fallout from GM is impacting workers on the

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Speaker 1: ground in Ohio. We have an all star panel with

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Speaker 1: us ready to go in studio. Matt Mowers former senior

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Speaker 1: White House adviser for the State Department, and I believe

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Speaker 1: this is one of his first interviews he's he's given

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Speaker 1: since he's gotten out of the administration. He's also the

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Speaker 1: president of Matt Mowers l l C. Jennifer Holdsworth is

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Speaker 1: Democratic Strategists UH and also a former advisor to Representative

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Speaker 1: Seth Malton. But first Senator Shared Brown, Democrat from Ohio,

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Speaker 1: was on CNN earlier today and said that President Trump

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Speaker 1: quote finally woke up and acts like he wants to

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Speaker 1: do something end quote. Uh. This is of course pertaining

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Speaker 1: to the closure of General Motors Lordstown, Ohio plan. If

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Speaker 1: you're in Ohio, this is a key battleground area. Uh.

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Speaker 1: And President Trump has been on a Twitter tirade in

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Speaker 1: recent days against the CEO of General Motors, Mary Bera,

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Speaker 1: for the closure of this plan. And he also had

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Speaker 1: some some some tweets for Dave Green, who is one

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Speaker 1: of the local leaders of the local union. UH. He

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Speaker 1: tweeted out, Democrat you a w local one one one

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Speaker 1: to President David Green ought to get his acting other

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Speaker 1: and produce GM let our country down, but other much

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Speaker 1: better car companies are coming into the US in droves.

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Speaker 1: I want action on Lordstown fast. Stop complaining and get

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Speaker 1: the job done. Well, Dave Green joins us on the

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Speaker 1: telephone line from Ohio. Uh, David, I really appreciate you

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Speaker 1: calling in. I know this is a very busy day

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Speaker 1: for you. He's of the United Auto Workers Association, and

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Speaker 1: so I guess, first of all, what is your response

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Speaker 1: a day later, and what is your David like following

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Speaker 1: the President's latest tweets. Well, it's kind of amazing one

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Speaker 1: person can send a tweet out like that and you know,

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Speaker 1: create such a firestorm. Um, I you know, in response

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Speaker 1: to you know, the specific allegations. Look, I obviously the

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Speaker 1: president doesn't know me. I'm a local union president, I'm

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Speaker 1: an administrator. I have no bargaining power here, and you know,

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Speaker 1: my my concern has just been for our members and

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Speaker 1: trying to get them through the difficult situation they're going

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Speaker 1: through right now. David Green is the president of the

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Speaker 1: United Auto Workers local chapter impacted directly in Ohio by

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Speaker 1: the closure of that General Motors Lordstown plant. Every politician

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Speaker 1: weighing in on this. Yesterday on the program, we have

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Speaker 1: Congressman Tim Ryan on and I'm curious, David, whether or

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Speaker 1: not the Trump but whether or not President Trump or

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Speaker 1: the Trump campaign has reached out to you following that tweet.

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Speaker 1: Has anyone from Trump's orbit reached out to you since then? No,

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Speaker 1: they haven't reached out to me at all. Um. You know,

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Speaker 1: also sent President Trump a letter back in July and

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Speaker 1: then another one in February, um of this year, kind

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Speaker 1: of uh, letting them know, Hey, we've got this situation

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Speaker 1: here in a community that can really use some support.

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Speaker 1: He came here and kind of campaigned on a lot

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Speaker 1: of promises. So I was kind of expecting at least

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Speaker 1: a generic response from you know, the White House, and

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Speaker 1: I still have yet to receive and you never got

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Speaker 1: a response. Now no response. And you know what I

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Speaker 1: find interesting? As President Trump is actually going to be

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Speaker 1: in Ohio tomorrow, do you think there's any chance at all?

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Speaker 1: And do you think that he should visit Lordstown tomorrow? Well,

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Speaker 1: you know, I mean that's entirely up to him. I

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Speaker 1: don't know what his schedules. Like, I know, I have

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Speaker 1: a very busy day. I actually am working in the

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Speaker 1: plant again now, so um we're still having some work

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Speaker 1: done in there, packing up parts for service parts for

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Speaker 1: the vehicle. So you know, I like, I gotta work

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Speaker 1: all day and then do added work after work. So um,

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Speaker 1: I hope he rides by and and and looks at

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Speaker 1: the community. But seriously, I mean, do you think he

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Speaker 1: should I mean, do you think it would be wise

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Speaker 1: for him to show up in Lordstown tomorrow? Well you

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Speaker 1: know again, I yeah, come on out take a ride

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Speaker 1: look around um our our communities. Uh, you know they

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Speaker 1: struggle here. Of the working people in Trumbull County are

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Speaker 1: eligible for government system. These are people who have jobs

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Speaker 1: and would almost half the people that have jobs, you know,

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Speaker 1: are eligible for government assistance. Of the system here is broken. Well, absolutely.

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Speaker 1: David Green is the president of the local chapter in Lordstown, Ohio,

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Speaker 1: which is the battleground folks, Battleground zero, ground zero of

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Speaker 1: the populace and economic tides of change here in America.

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Speaker 1: You know, we were talking about whether or not President Trump,

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Speaker 1: who has been tweeting against David Green, as well as

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Speaker 1: CEO Mary Beara of General Motors, and whether or not

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Speaker 1: any Republicans have reached out and the administration. But I'm curious,

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Speaker 1: other than uh Betta of Rourke and Congressman Tim Ryan,

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Speaker 1: have you heard from any of the other Democratic presidential

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Speaker 1: candidates at all? And and since this or even recently, No,

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Speaker 1: I haven't. I mean Senator Shared Brown has reached out.

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Speaker 1: He's been a huge advocate for US and and for

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Speaker 1: working folks, and so you know, he's always been there.

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Speaker 1: Congressman Tim Ryan, you know, obviously again has been extremely supportive. Um.

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Speaker 1: He was the first one at the un in hall

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Speaker 1: the day of the announcement in November, just trying to

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Speaker 1: get our members through what was going on. And so

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Speaker 1: just to wrap it up, I know, you're still at

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Speaker 1: the plant. I know you've got a really busy, busy

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Speaker 1: uh afternoon. But in terms of the political message of this,

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Speaker 1: and it's not politics. People just lost their jobs. These

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Speaker 1: are their livelihoods. It's how they define themselves. This is there.

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Speaker 1: There's a standard of work here. So and I'm very

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Speaker 1: sympathetic to to that argument and and to that fact,

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Speaker 1: to be candid, but here we are. President Trump is

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Speaker 1: headed there tomorrow to Ohio, just across town, cross the state,

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Speaker 1: and he's gonna be talking about jobs, and he's gonna

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Speaker 1: be talking in particular about manufacturing jobs. And as you know,

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Speaker 1: this is a president who really the crux of his

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Speaker 1: entire economic message, a large portion of it is rooted

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Speaker 1: in manufacturing. So in states like Ohio, which the President

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Speaker 1: carried in the last cycle, it's also a state that

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Speaker 1: senators share round one by more than twenty percentage points.

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Speaker 1: What should the message be or what's your message for

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Speaker 1: politicians who are campaigning directly for the votes of voters

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Speaker 1: who might have voted for previous president Barack Obama and

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Speaker 1: now and crossed over to vote for President Trump. How

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Speaker 1: should they be making their pitch to Lordstown people in

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Speaker 1: in this area want to talk about jobs. Was so

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Speaker 1: when the President came here and talked about jobs, obviously, um,

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Speaker 1: you got a lot of support because that's exactly what

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Speaker 1: we're lagging behind the rest of the nation. And I

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Speaker 1: think it's important for politicians to talk about working across

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Speaker 1: the aisle, but working together, because you're right, this isn't

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Speaker 1: necessarily a political issue. This is a human rights issue.

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Speaker 1: And and there's dignity and work and people need to

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Speaker 1: have that and recognize that. And it's not going to happen, um,

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Speaker 1: if the Republicans and Democrats are just going to grow

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Speaker 1: stones back and forth at one another. I really hope

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Speaker 1: they can sit down and work on some policies that

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Speaker 1: will encourage businesses and and and help businesses stay here

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Speaker 1: in the USA so workers can work. All right, I

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Speaker 1: got one more question for it, Just like I'm not

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Speaker 1: trying to make light of any situation, but this has

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Speaker 1: happened to me once since covering then Canada Donald Trump,

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Speaker 1: where he retweeted one of my tweets on my phone.

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Speaker 1: I literally thought my phone was gonna go busted. What

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Speaker 1: happens when President Trump tweets at you? I mean, did

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Speaker 1: you did you get a new cell phone charger. Like

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Speaker 1: I'm not I'm serious. Yeah, yeah, I know, You're absolutely right.

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Speaker 1: The phone has blown up, My emails are blown up. Um,

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Speaker 1: I've gotten you know, support messages, hate messages. Uh. It's

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Speaker 1: really kind of incredible. Uh, you know the power that

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Speaker 1: that one tweet has, um and and and getting people

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Speaker 1: to or like respond and react to it. All Right,

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Speaker 1: David Green, he's the president of the United Auto Workers

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Speaker 1: in Lordstown, Ohio, and he's still at the plant. We

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Speaker 1: appreciate you calling. In coming up, we're gonna have much

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Speaker 1: more on social media fallout. Get this, Devin Nunez is

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Speaker 1: suing Twitter. Why, well, we'll take a look why all

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Speaker 1: Star panel also to react to what we heard from

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Speaker 1: David Green, and of course, to take us through the

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Speaker 1: US China trade talks. Matt Mauers and Jennifer Holdsworth are

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Speaker 1: in studio. You can download the Sound On podcast on

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Speaker 1: Apple iTunes, at Bloomberg dot com or by downloading the

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Speaker 1: Bloomberg Business app. And you can also find us on

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Speaker 1: Radio dot com and I Heart Radio. I'm Kevin Surreally.

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Speaker 1: You are listening to Bloomberg. You're listening to Sound On

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Speaker 1: with Kevin Surreally on Bloomberg one and one oh five

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Speaker 1: point seven f m h D two, Baltimore. Johnny is

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Speaker 1: going very well. Talks with China going very well. Thank

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Speaker 1: you everybody. Talks with China are going very well. But

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Speaker 1: it kind of really depends on who you ask. I've

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Speaker 1: got sources who tell me it's going good, sources who

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Speaker 1: tell me not so good. We'll find out next week.

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Speaker 1: I'm Kevin Surreally, Bloomberg News Chief Washington correspondent for Bloomberg

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Speaker 1: Television and Bloomberg Radio and Net. This week, Treasury Secretary

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Speaker 1: Stephen Venusian and US Trade Representative Bob Leightheizer are headed

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Speaker 1: to China. But but get the I mean, I was

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Speaker 1: just at the White House for that press conference where

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Speaker 1: the President made that remark, and we'll dive into who

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Speaker 1: he was speaking with, coming up with the Brazilian president,

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Speaker 1: but sticking on China, he made that remark. When we

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Speaker 1: started this day, we had a bombshell report that China

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Speaker 1: essentially said they were no longer going to purchase the

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Speaker 1: Boeing seven thirty seven Max Family airplanes. Folks the US.

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Speaker 1: This is Boeing's top selling plane. Of course, it's been

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Speaker 1: wrapped up in this this firestorm of of of scandal

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Speaker 1: following the two crashes of the Boeing Max eight of

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Speaker 1: the seven thirty seven family at following the Ethiopian crash

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Speaker 1: just over a week ago, the second crash of this airliner,

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Speaker 1: and as little as five months and now the Chinese

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Speaker 1: are saying they might not purchase it. Well, this air

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Speaker 1: craft family is Boeing's top earner, so it would be

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Speaker 1: a massive devastating blow should uh should the Chinese not

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Speaker 1: carry through their deliveries with this particular airline craft. So

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Speaker 1: it's just the latest data point in the US China

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Speaker 1: trade talks with no end in sight in terms of

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Speaker 1: where it will go, and President Trump and President Shi

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Speaker 1: Jangping still do not have a date on the books

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Speaker 1: for when they will meet. Matt Mauer's is former Senior

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Speaker 1: White House Advisor for the State Department and president of

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Speaker 1: Matt Mauer's ll l C. Jennifer Holdsworth is a Democratic

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Speaker 1: strategist UH and m w w PR Senior vice president

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Speaker 1: of Issues Management. She's also worked for UH Congressman Seth

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Speaker 1: So we we thank both of them for coming on

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Speaker 1: that all right, you just got out of the State Department,

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Speaker 1: went like last month, last week, last week, wow, last

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Speaker 1: So okay, so I'll just ask what's going on with

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Speaker 1: the US China trade talks. Well, you know, look as

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Speaker 1: as President Trump and President g announcing Buenos Aire's last December. Um,

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Speaker 1: you know, both sides are cognizant and excited about really

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Speaker 1: renegotiating and resetting the trade relationship between our two countries. Um.

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Speaker 1: You know, Trade Representative Lightheiser and CE trading Manu Chin

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Speaker 1: and both sides seem optimistic. Um. However, I think, as

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Speaker 1: has been demonstrated in the past um a month or so,

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Speaker 1: the President is not going to just accept a deal

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Speaker 1: for the sake of a deal. Well, he's not going

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Speaker 1: to accept the deal if they're not going to buy

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Speaker 1: Bowing planes. Well, it's got to be all encompassing, right.

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Speaker 1: We have to talk about intellectual property rights, we have

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Speaker 1: to talk about cyber theft, we have to talk about

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Speaker 1: force tech transfers. I mean, so this this is going

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Speaker 1: to be an all encompassing um discussion. I think Boeing

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Speaker 1: is certainly going to be a component of that and

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Speaker 1: major component. And and you know, look, I think you

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Speaker 1: also see not to not to digress over the bowing.

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Speaker 1: You're seeing the Trump administration recognize that more efforts have

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Speaker 1: to be taken, uh to regulate um and and you know,

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Speaker 1: uh bowing in this case and actually review what happened here.

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Speaker 1: Um And but that's all going to tie into these

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Speaker 1: trade negotiations, will be a big part of the con

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Speaker 1: Hours just left the State Department last week. Suddenly he

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Speaker 1: finds himself in a Bloomberg studio. He's with us for

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Speaker 1: the hour. Jennifer Oldsworth, all right, I mean there's no

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Speaker 1: way President Trump can ink a deal with President she

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Speaker 1: if they're not going to buy Bowing planes. No they're not.

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Speaker 1: But this is also a symptom of the fraud that

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Speaker 1: was perpetrated during the Trump right. This is this is

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Speaker 1: the fraud that is the Trump campaign. And I say

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Speaker 1: that sitting a foot away from somebody that I have

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Speaker 1: a tremendous amount of love and respect for bellow Jersey.

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Speaker 1: I you know, but Jersey, I'll keep my hand justice

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Speaker 1: to myself. Nobody can see them. Um. But you know,

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Speaker 1: President Trump can make all the best deals, and he

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Speaker 1: has all the best words and all the best hair.

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Speaker 1: But as we can see, and he cannot actually close

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Speaker 1: a deal, let alone, not with President she who is

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Speaker 1: running circles around hands. But but look, this is nuanced.

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Speaker 1: I think that you see Democrats not actually towing a

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Speaker 1: company line on this. They're all over the spectrum because

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Speaker 1: there's a lot more to this than just the Boeing planes.

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Speaker 1: That's going to be a piece of it. But there

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Speaker 1: is more to understanding the psyche and how to get

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Speaker 1: this deal is done that the president just does not understand.

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Speaker 1: We'll see what I well, I'm go ahead that I

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Speaker 1: was just gonna say, you know, I have a lot

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Speaker 1: of respect for jeffer as well. Let's take off the

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Speaker 1: political everybody strong, run stronger. The fact of the matter

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Speaker 1: is that administrations of both parties have been laying China

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Speaker 1: get away with highway robbery for decades now, um, whether

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Speaker 1: it's you know, going to the W two O t O,

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Speaker 1: cheating on trade rules. Donald Trump is the first president

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Speaker 1: who's actually taking seriously, um, China as an economic competitor

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Speaker 1: and once it ensured that there's a level playing field

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Speaker 1: for both American businesses, um, and it's a reciprocal trade relation.

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Speaker 1: So the latest data points. In the last twenty four hours,

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Speaker 1: we talked about how the Chinese are now reportedly saying

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Speaker 1: they might not buy these or they might not care

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Speaker 1: through with their deliveries of these Boeing plans, which, by

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Speaker 1: the way, are there. The investigation still ongoing, UH and

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Speaker 1: the f a A is sorting through all of this.

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Speaker 1: There's a lot of questions not just for Boeing, not

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Speaker 1: just for the f a A, but international regulators. Remember

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Speaker 1: that it's international regulators who oversee each airline in their jurisdiction.

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Speaker 1: They train the pilots of these airlines. But then there's

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Speaker 1: this other other fascinating development, which is that Chinese the

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Speaker 1: Chinese have reportedly also agreed to like triple their agricultural purchases.

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Speaker 1: That's a big boom for a flyover country as we

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Speaker 1: refer to it here on the political chatter world. But

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Speaker 1: that would significantly impact the coalition the President Trump politically

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Speaker 1: is trying to help. No Jim, Yeah, it would look

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Speaker 1: there's this misnomer out there that we're rooting against the

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Speaker 1: president just to see him fail, and then that's just

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Speaker 1: not the case. I want to see a deal succeed.

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Speaker 1: I think what you said is correct. I think that

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Speaker 1: China has been taking complete advantage of the United States

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Speaker 1: and the world in terms of a lot of these trades,

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Speaker 1: trade deals, and they need to be fixed. I don't

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Speaker 1: have a lot of confidence that this present is going

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Speaker 1: to be able to fix it. All right, coming up,

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Speaker 1: we're going to dive into why it might help fly

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Speaker 1: over country, but Brazil might not like the tripling of

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Speaker 1: these agricultural purchases from China because they would lose out

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Speaker 1: on business. It is a shifting geo political chess match

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Speaker 1: and Matt Mauer stage Jennifer Holdsworth stays Jersey strong. Here

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Speaker 1: on sound On. You can download the sound On podcast

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Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading

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Speaker 1: the Bloomberg Business app. You can also find us on

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Speaker 1: Radio dot com and I Heart Radio. I'm Kevin Sirelli.

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Speaker 1: You are listening to Bloomberg. This is sound On with

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Speaker 1: Kevin Surreally on Bloomberg and one oh five point seven

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Speaker 1: of m h D two Baltimore. I'm Kevin CURRELLI bl

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Speaker 1: Burgner's chief Washington correspondent for Bloomberg Television and Bloomberg Radio.

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Speaker 1: We were talking earlier about general Motors. And then of course, uh,

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Speaker 1: the President has headed to Ohio tomorrow. We had Dave

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Speaker 1: green On, he's the local union leader in Lordstown, Ohio.

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Speaker 1: General Motors has shut down that plant. The President doesn't

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Speaker 1: like that, he said it to Ohio tomorrow. Politicians on

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Speaker 1: every side of the aisle weighing in. And then we

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Speaker 1: were talking about US and China trade talks. All of

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Speaker 1: this is so interconnected, and as my friend and mentor

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Speaker 1: Tom Keane of Bloomberg Surveillance always tells me, don't mush

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Speaker 1: together all of the different stories of the day. You've

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Speaker 1: gotta keep him separate. And it's hard on a day

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Speaker 1: like this to do that because so many of these

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Speaker 1: shifting trade stories really are just pieces of a broader,

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Speaker 1: broader puzzle. So we talked about GM, we talked about

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Speaker 1: US China trade talks, and I want to get to

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Speaker 1: what happened at the White House earlier today in the

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Speaker 1: Rose Garden, because President Trump hosted the Brazilian President Bolsonaro.

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Speaker 1: And it stylistically, folks, these two are two p's in

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Speaker 1: a pod for for lack of a better linguent language,

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Speaker 1: I don't even know what I did there, but but Stylistically,

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Speaker 1: they're very, very similar, and they're both outspoken. At one

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Speaker 1: point during the press conference, I had like those there's

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Speaker 1: translator headphones on, and I had to like, I thought

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Speaker 1: I misheard, because truly President Bolsonaro of Brazil quoted Ronald Reagan.

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Speaker 1: It was surreal, but there I am in the Rose

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Speaker 1: Garden listening to the Brazilian president, which really in the

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Speaker 1: past they haven't really gotten along with the United States,

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Speaker 1: but now they are. And President Trump even said that

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Speaker 1: he maybe one day would like to see Brazil joined

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Speaker 1: NATO and even seem supportive of Brazil joining the oe

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Speaker 1: c D. All of this comes during international trade talks,

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Speaker 1: but also with the situation in Venezuela. That's why we

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Speaker 1: are so thrilled, truly thrilled to have Matt Mower's former

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Speaker 1: senior White House advisor for the State Department. He left

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Speaker 1: the State Department last week. And I believe this is

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Speaker 1: like your first first interview, first interview, the first score

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Speaker 1: I scored, the first internew We really appreciate it. Though,

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Speaker 1: uh he's with us for the hour in studio. He

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Speaker 1: knows a thing or two about Venezuela. Grew up in

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Speaker 1: Venezuela for like three months time. But it was pretty sure.

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Speaker 1: This is a beautiful country, beautiful country. I mean, it's

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Speaker 1: so sad what's happened there, It really is. Jennifer Holdsworth

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Speaker 1: is a Democratic strategist. She's an s VP of Issues

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Speaker 1: Management at m w w PR. She also worked for

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Speaker 1: Congressman Seth Malton and directed the state of New Jersey

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Speaker 1: for Hillary for America. All Right, Matt, so, so guide

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Speaker 1: us through what we heard from President Bolsonaro today as

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Speaker 1: well as the relationship with President Trump. It would appear

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Speaker 1: that the president, both presidents said that they're on the

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Speaker 1: same page when it comes to Venezuela. Yeah, and they are.

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Speaker 1: In fact, Actually, you've really seen a strong level of

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Speaker 1: cooperation between UM President Trump as well as President Bolsonaro,

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Speaker 1: President Duque from Colombia, UM President Mockery from Argentina on

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Speaker 1: both security and economic issues. And you know, the situation

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Speaker 1: Venezuela so sad, like you talked about. You know, I

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Speaker 1: lived there, UM for UH Chavez was in office and

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Speaker 1: actually was down in Bogata last year working on the

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Speaker 1: humanitarian response to the regional crisis. UM it's going to

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Speaker 1: take a regional solution Um, Brazil has stepped up to

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Speaker 1: the plate in a lot of ways. They provided funding,

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Speaker 1: they provide humanitarian support. Uh for Venezuelan. Venezuelan to have

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Speaker 1: left their country because of the deteriorating conditions. Um. But

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Speaker 1: it's going to take a lot of allies, and I

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Speaker 1: think the President's willing to stand with our allies in

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Speaker 1: the Western Why are the shifts? Why why did Brazil shift?

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Speaker 1: Because there was a time and Brazil wasn't cooperating with

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Speaker 1: the U S. Well, you know, President Balsonaro just got

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Speaker 1: elected and like you alluded to, you know, he is

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Speaker 1: a strong ally with President Trump. Also, they're very similar ideologically.

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Speaker 1: He's doing a lot of the same things that President

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Speaker 1: Trump is trying to do here in the US. He's

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Speaker 1: trying to reinvigorate their economy. Um. But you know, these

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Speaker 1: are two leaders who saw today stand shoulder to shoulder

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Speaker 1: on the issue standing up to socialism in the region. Yeah,

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Speaker 1: that was interesting at the press conference, Jennifer Holdsworth, democratic strategist.

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Speaker 1: Of course socialism go to the go to Jeni UM.

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Speaker 1: But there was one point where where he said, you know,

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Speaker 1: President Trump said, you know, he wants to end socialism

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Speaker 1: in Venezuela. With that was a direct comment to Dictator Medoro, who,

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Speaker 1: by the way, Speaker Nancy Pelosi has also come out

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Speaker 1: against as well as virtually every NATO ally and as

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Speaker 1: Matt mentioned, in the region Brazil, Argentina and other countries

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Speaker 1: in support of INTERNIM President Huangwaido, who was chosen by

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Speaker 1: the Congress down in Venezuela. But Medora still hanging on.

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Speaker 1: But when the president says socialism and a Rose Guarden

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Speaker 1: press conference and then in the same breath said truly

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Speaker 1: same breath said, and we want to end socialism in

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Speaker 1: the United States as well, that's gotta make you cringe. Um,

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Speaker 1: it makes me crazy for two reasons. Um. Number one,

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Speaker 1: because the president has our goat on this. We've got

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Speaker 1: we've got a lot of members of our own party

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Speaker 1: who are you know, uh, you know, expounding the virtues

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Speaker 1: of socialism and trying to give it, you know, trying

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Speaker 1: to perform an academic exercise about the difference between you know,

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Speaker 1: democratic socialism and actual socialism. Um. You know what I'm

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Speaker 1: not willing to seed on is that Venezuela has also

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Speaker 1: dealt with dictators for the past twenty years. You know,

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Speaker 1: you've got Shavas and Mandaro and and that's what happens

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Speaker 1: when you have a dictator um. You know, this is

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Speaker 1: the kind of society that that that happens as a

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Speaker 1: result of that. So, you know, I think that this

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Speaker 1: entire situation is making for some incredibly strange bedfellows. Like

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Speaker 1: you said, there's not a lot of daylight between Nancy

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Speaker 1: Pelosi and President Trump on this issue, which which rarely happens.

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Speaker 1: But you know, I think that that the Democrats are

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Speaker 1: also going to take the you know, take the president's

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Speaker 1: a task if you know, there's certain deals that aren't made. Look,

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Speaker 1: you know, I'm not gonna you know, insult the Brazilian's

429
00:23:58,880 --> 00:24:03,040
Speaker 1: president ideologic all you know, um views here. But there's

430
00:24:03,080 --> 00:24:04,800
Speaker 1: a lot of good that can come from these new

431
00:24:04,840 --> 00:24:08,040
Speaker 1: conversations like I was reading today that you know, they

432
00:24:08,040 --> 00:24:11,040
Speaker 1: talked about having US space launches from Brazil and and

433
00:24:11,320 --> 00:24:13,920
Speaker 1: this is positive stuff that can come from these conversations,

434
00:24:14,160 --> 00:24:16,399
Speaker 1: as long as the President can keep his focus on

435
00:24:16,440 --> 00:24:18,320
Speaker 1: this and not just try to dig at Democrats in

436
00:24:18,359 --> 00:24:20,600
Speaker 1: his Rose Garden speech. But Jennifer, let's not forget that

437
00:24:20,760 --> 00:24:23,280
Speaker 1: that one of the leaders for the Democrat nomination your

438
00:24:23,320 --> 00:24:25,919
Speaker 1: party is Bernie Sanders, who just came out today that

439
00:24:26,000 --> 00:24:28,720
Speaker 1: he hired a speechwriter who actually wrote in a piece

440
00:24:28,800 --> 00:24:33,399
Speaker 1: on Slate that's praising the Chavez economic miracle. So this

441
00:24:33,480 --> 00:24:36,080
Speaker 1: is a party who's whose leaders right now are not

442
00:24:36,760 --> 00:24:40,320
Speaker 1: united against socialism in Venezuela. In fact, many of them

443
00:24:40,280 --> 00:24:43,679
Speaker 1: are supportive of it. Your thought leaders, Alexandria Casio Cortez,

444
00:24:43,720 --> 00:24:46,960
Speaker 1: who said that the US shouldn't be involved in Venezuela,

445
00:24:47,160 --> 00:24:48,640
Speaker 1: You're not going to get much of an argument from

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00:24:48,640 --> 00:24:50,480
Speaker 1: me on that. You called her a thought leaders, maybe

447
00:24:50,520 --> 00:24:53,760
Speaker 1: a leader, but there's not much thought behind it. Okay, Well, listen,

448
00:24:53,800 --> 00:24:56,520
Speaker 1: Justice Democrats are welcome on the show. AOC is welcome

449
00:24:56,560 --> 00:24:59,199
Speaker 1: on the show. We talked to everyone on sound on

450
00:24:59,280 --> 00:25:02,000
Speaker 1: and coming up, we're gonna stay with We're also going

451
00:25:02,080 --> 00:25:04,639
Speaker 1: to dive a little bit more into the situation in Venezuela.

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00:25:04,800 --> 00:25:08,720
Speaker 1: What does having Dictator Maduro clinging to power with his

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00:25:08,760 --> 00:25:13,119
Speaker 1: military mean for US foreign policy? Could potentially there be

454
00:25:13,680 --> 00:25:17,240
Speaker 1: U S boots on the ground, panel, stays Matt Mauers

455
00:25:17,320 --> 00:25:20,480
Speaker 1: Jennifer Holdsworth. You can download the sound On podcast on

456
00:25:20,520 --> 00:25:23,560
Speaker 1: Apple iTunes, at Bloomberg dot com, or by downloading the

457
00:25:23,600 --> 00:25:25,840
Speaker 1: Bloomberg business app. You can also find me as well

458
00:25:25,880 --> 00:25:30,040
Speaker 1: as my colleague Tom Keene, Jonathan Faroh and others on

459
00:25:30,400 --> 00:25:33,360
Speaker 1: Radio dot Com and I Heart Radio. I'm Kevin CURRELLI

460
00:25:33,680 --> 00:25:40,440
Speaker 1: you're listening to Bloomberg. This is Sound On with Kevin

461
00:25:41,400 --> 00:25:48,119
Speaker 1: on Bloomberg and f m h D two Boltomore. President

462
00:25:48,160 --> 00:25:52,200
Speaker 1: Trump delivered a brief press conference today with Brazilian President

463
00:25:52,240 --> 00:25:55,040
Speaker 1: balson Arro. They were talking about ways in which the

464
00:25:55,160 --> 00:25:59,439
Speaker 1: US and Brazil can work together on economic issues as

465
00:25:59,440 --> 00:26:02,640
Speaker 1: well as on foreign policy. Venezuela, of course the top

466
00:26:02,680 --> 00:26:06,520
Speaker 1: issue in terms of the deteriorating situation with the former

467
00:26:06,560 --> 00:26:13,520
Speaker 1: dictator there Medoro still aligned with the socialist countries military.

468
00:26:13,640 --> 00:26:18,960
Speaker 1: This is the interim president that has been recognized virtually universally, universal,

469
00:26:19,359 --> 00:26:25,320
Speaker 1: universally by US allies, by Speaker Nancy Pelosi. President Trump

470
00:26:26,000 --> 00:26:30,960
Speaker 1: UH is trying to be the interim president, but Madorro

471
00:26:31,160 --> 00:26:34,320
Speaker 1: is still hanging on. Matt Moers just left the State

472
00:26:34,359 --> 00:26:37,040
Speaker 1: Department and now he's out with his own company, Matt

473
00:26:37,080 --> 00:26:40,480
Speaker 1: Moers l l c. UH. He's with us for the

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00:26:41,040 --> 00:26:43,800
Speaker 1: for the hour. Jennifer Holdsworth is a democratic strategist. She's

475
00:26:43,840 --> 00:26:46,840
Speaker 1: with us here to front of the program. UH Matt,

476
00:26:46,880 --> 00:26:48,399
Speaker 1: I want to play for you what President Trump had

477
00:26:48,400 --> 00:26:52,600
Speaker 1: to say about the potential of more additional sanctions for

478
00:26:52,760 --> 00:26:56,760
Speaker 1: Venezuela if Madoro still sticks around. Here's President Trump. At

479
00:26:56,840 --> 00:27:00,720
Speaker 1: some point, I would imagine things will change. But we

480
00:27:00,760 --> 00:27:03,280
Speaker 1: really haven't done the really tough sanctions yet. We can

481
00:27:03,359 --> 00:27:05,639
Speaker 1: do the tough sanctions and all options are open, so

482
00:27:05,680 --> 00:27:08,639
Speaker 1: we may be doing that. So you having left the

483
00:27:08,640 --> 00:27:11,680
Speaker 1: State Department just last week, what what are what? Where

484
00:27:11,760 --> 00:27:13,639
Speaker 1: does this go? What are the tougher sanctions? And you

485
00:27:13,760 --> 00:27:16,879
Speaker 1: you actually just saw Secretary Minution from the Treasury Department

486
00:27:16,920 --> 00:27:20,399
Speaker 1: announced in the past day additional sanctions against a Venezuelan

487
00:27:20,480 --> 00:27:24,760
Speaker 1: gold mining company. Um And what's going to happen is yeah,

488
00:27:24,800 --> 00:27:26,880
Speaker 1: and oil is on oil is certainly on the table.

489
00:27:26,920 --> 00:27:29,840
Speaker 1: There's already been some limited sanctions on oil, but um

490
00:27:29,920 --> 00:27:32,719
Speaker 1: not broad based ones. But let's let's not forget Maduro

491
00:27:32,880 --> 00:27:37,880
Speaker 1: is currently being propped up by economic uh investments from Russia,

492
00:27:37,960 --> 00:27:41,440
Speaker 1: from China, from Turkey, from Cuba, um and and those

493
00:27:41,480 --> 00:27:44,879
Speaker 1: are only going to end if the US remains vigilant

494
00:27:44,880 --> 00:27:48,080
Speaker 1: and strong and increases um set pressure through sanctions. As

495
00:27:48,119 --> 00:27:51,240
Speaker 1: soon as the Russians and the Chinese pull the plug, Maduro,

496
00:27:51,400 --> 00:27:53,520
Speaker 1: He's gone. There is no one else happen who has

497
00:27:53,560 --> 00:27:56,200
Speaker 1: his back. You know. I thought it was interesting as well.

498
00:27:56,240 --> 00:28:00,960
Speaker 1: I mean, we're talking about how stylistically, uh, just how

499
00:28:02,200 --> 00:28:07,080
Speaker 1: similar President Trump is with uh President Billsonaro. And it

500
00:28:07,119 --> 00:28:12,280
Speaker 1: was interesting because his old his son was in the audience.

501
00:28:12,359 --> 00:28:13,920
Speaker 1: I don't know if you got if you saw this,

502
00:28:14,320 --> 00:28:18,320
Speaker 1: but but President Billsonaro of Brazil is there and his

503
00:28:18,320 --> 00:28:21,200
Speaker 1: his son's in the audience, his adult son, and and

504
00:28:21,280 --> 00:28:24,359
Speaker 1: like during the press conference, President Trump, we're in the

505
00:28:24,440 --> 00:28:27,040
Speaker 1: Rose Garden. President Trump says, hey, I want to I

506
00:28:27,040 --> 00:28:29,399
Speaker 1: want to get a shout out essentially to the president,

507
00:28:29,720 --> 00:28:31,960
Speaker 1: you know, the Brazilian president's son, who has been doing

508
00:28:31,960 --> 00:28:34,600
Speaker 1: a great job, and you know, and he stood up

509
00:28:34,640 --> 00:28:38,720
Speaker 1: and and had everyone, had all the Brazilians officials and

510
00:28:38,800 --> 00:28:40,920
Speaker 1: the White House, Kelly and Conway, who was by the

511
00:28:40,960 --> 00:28:42,680
Speaker 1: way there. There's been a lot of reports about whether

512
00:28:42,760 --> 00:28:44,640
Speaker 1: or not President Trump and Kelly and are getting along.

513
00:28:44,920 --> 00:28:47,480
Speaker 1: She was in the Rose Garden today, as was US

514
00:28:47,520 --> 00:28:51,320
Speaker 1: Trade Representative Bob Blahe but stylistically they're like the same person.

515
00:28:51,600 --> 00:28:54,040
Speaker 1: And he got another question President Trump from a Daily

516
00:28:54,040 --> 00:28:58,160
Speaker 1: Caller reporter about uh, the issue of social media and

517
00:28:58,240 --> 00:29:01,240
Speaker 1: all of this talk about big tech is going to

518
00:29:01,280 --> 00:29:04,440
Speaker 1: be regulated. And the president was asked to weigh in

519
00:29:04,600 --> 00:29:08,240
Speaker 1: on Congressman Devin Nunez, a Republican from California, and this

520
00:29:08,520 --> 00:29:13,480
Speaker 1: two hundred and fifty million dollar lawsuit against Twitter. Did

521
00:29:13,480 --> 00:29:16,080
Speaker 1: you hear about this, Jennifer? I mean, Devin Juniaz is

522
00:29:16,120 --> 00:29:21,440
Speaker 1: suing Twitter for two hundred and fifty million dollars because

523
00:29:21,480 --> 00:29:25,720
Speaker 1: he says that that they had made parody accounts and

524
00:29:25,720 --> 00:29:30,960
Speaker 1: there was definite defamation. Uh and and and and all

525
00:29:31,000 --> 00:29:32,960
Speaker 1: of this, and the President was asked to weigh in

526
00:29:33,000 --> 00:29:35,200
Speaker 1: about whether or not he agreed, and he said he

527
00:29:35,240 --> 00:29:37,480
Speaker 1: didn't really take a position, but he said something has

528
00:29:37,520 --> 00:29:41,240
Speaker 1: to be done. What do you make of of of

529
00:29:41,280 --> 00:29:44,720
Speaker 1: just where big tech is now, Jennifer Holdsworth, As you've

530
00:29:44,760 --> 00:29:49,400
Speaker 1: got Congressman Junias Suing suing Twitter. Where was the lawsuit

531
00:29:49,440 --> 00:29:51,440
Speaker 1: after that? Well, my my parents are going to be

532
00:29:51,520 --> 00:29:53,280
Speaker 1: really proud right now because I'm gonna take my law

533
00:29:53,320 --> 00:29:55,800
Speaker 1: de great out for spin and actually use it. Um.

534
00:29:56,000 --> 00:29:58,440
Speaker 1: You know. So there's a little thing called the Communications

535
00:29:58,440 --> 00:30:02,520
Speaker 1: Decency Act which is going to pre empt this challenge

536
00:30:02,680 --> 00:30:06,320
Speaker 1: right here because it doesn't allow for third party content

537
00:30:06,800 --> 00:30:12,160
Speaker 1: hosts to be held responsible for the content that is posted. Right, So, um,

538
00:30:12,200 --> 00:30:15,760
Speaker 1: you know Twitter hosts other people's content. Now, I think

539
00:30:15,800 --> 00:30:19,480
Speaker 1: that there is a question about whether that content can

540
00:30:19,520 --> 00:30:22,840
Speaker 1: be regulated or not. But but by whom. There's also

541
00:30:22,920 --> 00:30:26,960
Speaker 1: First Amendment issues here. The President of all people should

542
00:30:26,960 --> 00:30:30,800
Speaker 1: be defending Twitter with his last breath, because it's essentially

543
00:30:31,080 --> 00:30:33,120
Speaker 1: how he came to be president. On the other hand,

544
00:30:33,240 --> 00:30:36,720
Speaker 1: you've got countidates like Elizabeth Warren who are full threaded

545
00:30:36,840 --> 00:30:40,640
Speaker 1: Lee calling for the regulation of tech companies in Silicon Valley.

546
00:30:40,920 --> 00:30:44,760
Speaker 1: She's essentially, you know, calling them conglomerates. I thinks they

547
00:30:44,800 --> 00:30:46,200
Speaker 1: need to be broken up. So I think this is

548
00:30:46,200 --> 00:30:48,240
Speaker 1: going to become a bigger conversation. I want to play

549
00:30:48,280 --> 00:30:50,560
Speaker 1: for you what what Congressman Junia has had to say

550
00:30:50,560 --> 00:30:54,240
Speaker 1: about about his lawsuit? Heoris, how is it possible that

551
00:30:54,520 --> 00:30:58,680
Speaker 1: I can be attacked relentlessly hundreds of times a day

552
00:30:58,680 --> 00:31:01,360
Speaker 1: by fake accounts that they claim in their terms of

553
00:31:01,400 --> 00:31:04,440
Speaker 1: service should not be there? Okay, David Green who called

554
00:31:04,440 --> 00:31:07,120
Speaker 1: in he was the Democrat from Ohio, lords notn Ohio,

555
00:31:07,200 --> 00:31:09,320
Speaker 1: who told me his film was blowing up after the

556
00:31:09,360 --> 00:31:12,640
Speaker 1: president Twitter attacked him. Maybe he should join Devin noun

557
00:31:12,720 --> 00:31:15,680
Speaker 1: yez is lawsuit, Matt. But I'll tell you, both sides

558
00:31:16,000 --> 00:31:18,800
Speaker 1: are beginning to look at these tech companies and they

559
00:31:18,800 --> 00:31:20,000
Speaker 1: do have to do more. I'll tell you, when I

560
00:31:20,040 --> 00:31:22,520
Speaker 1: was at the State Department, one of the issues that

561
00:31:22,560 --> 00:31:25,280
Speaker 1: we looked at was actually regulation of content used for

562
00:31:25,360 --> 00:31:29,400
Speaker 1: violent extremists UM and recruiting. It's insane, you know, and

563
00:31:29,400 --> 00:31:32,640
Speaker 1: and really Facebook, Twitter, Google, all of them have to

564
00:31:32,680 --> 00:31:35,240
Speaker 1: do a lot more to police the content that's being

565
00:31:35,440 --> 00:31:37,320
Speaker 1: UM put on their their sites because it is being

566
00:31:37,360 --> 00:31:40,960
Speaker 1: utilized to drag kids into UM extremist groups and gangs

567
00:31:41,240 --> 00:31:43,720
Speaker 1: and and other organizations. So it's you know, they've got

568
00:31:43,760 --> 00:31:45,840
Speaker 1: to get their act together. Hopefully they know that, because

569
00:31:45,920 --> 00:31:48,520
Speaker 1: right now I think you're looking at UM two sides

570
00:31:48,800 --> 00:31:53,520
Speaker 1: from from different perspectives, President Trump and Elizabeth Warren uh

571
00:31:53,600 --> 00:31:55,960
Speaker 1: similarly agreeing that something has to be done. Something has

572
00:31:56,000 --> 00:31:58,280
Speaker 1: to be done, and especially with this New Zealand attack

573
00:31:58,320 --> 00:32:00,360
Speaker 1: and Facebook waiting. I think it was seven teen or

574
00:32:00,600 --> 00:32:05,480
Speaker 1: seventeen minutes before that this was live broadcast on Facebook

575
00:32:05,560 --> 00:32:08,360
Speaker 1: live and broadcast is the appropriate term for this, because

576
00:32:08,360 --> 00:32:10,840
Speaker 1: they these these platforms is where I mean, I get

577
00:32:10,880 --> 00:32:13,840
Speaker 1: my check social media twinner to see what what's on

578
00:32:13,960 --> 00:32:17,560
Speaker 1: news and whatnot. And you mentioned Senator Elizabeth Warren that

579
00:32:17,600 --> 00:32:19,720
Speaker 1: she's put out a policy proposal on this to break

580
00:32:19,800 --> 00:32:23,360
Speaker 1: up big tech of Republicans like Congressman Junia, They're they're

581
00:32:23,440 --> 00:32:27,840
Speaker 1: launching lawsuits. Eduardo was the Brazilian president's son's name. I

582
00:32:27,880 --> 00:32:31,400
Speaker 1: could not remember it. Eduardo Balsonaro was in the Rose Garden.

583
00:32:31,440 --> 00:32:33,960
Speaker 1: And by the way, he was spotted down to Palm

584
00:32:34,080 --> 00:32:38,320
Speaker 1: Beach West, Palm at mar A Lago earlier this year.

585
00:32:39,120 --> 00:32:41,880
Speaker 1: Uh so it was it was interesting to see they have.

586
00:32:42,000 --> 00:32:45,680
Speaker 1: So I'm telling you President Bolsonaro Brazil and President Trump

587
00:32:45,920 --> 00:32:50,080
Speaker 1: so much in common. It's it's really Kenny. I'm wondering though,

588
00:32:50,400 --> 00:32:54,360
Speaker 1: as we make this comparison, who are the democrat? I mean,

589
00:32:54,400 --> 00:32:59,280
Speaker 1: like the socialism angle. I see you, Jennifer Holdsworth and

590
00:32:59,360 --> 00:33:02,040
Speaker 1: you hear. I thought Senator Warren last night, and she

591
00:33:02,080 --> 00:33:04,400
Speaker 1: wouldn't call herself a socialist. I thought she did pretty

592
00:33:04,400 --> 00:33:06,360
Speaker 1: well at that CNN town hall. She did, she did

593
00:33:06,440 --> 00:33:10,160
Speaker 1: very well. I think she overperformed um. Christian Gilibran also,

594
00:33:10,480 --> 00:33:13,360
Speaker 1: um you know it was on a town hall on MSNBC,

595
00:33:13,960 --> 00:33:16,480
Speaker 1: UM and and I think that they both did well.

596
00:33:16,480 --> 00:33:18,960
Speaker 1: So yeah, I think you are going to see my

597
00:33:19,040 --> 00:33:22,040
Speaker 1: party have a lot of conversations, uh, you know, in

598
00:33:22,160 --> 00:33:26,240
Speaker 1: the primary leading up to about where we are ideologically,

599
00:33:26,400 --> 00:33:29,040
Speaker 1: and you know, I think it's all over the spectrum.

600
00:33:29,080 --> 00:33:31,920
Speaker 1: But there's not as much difference between all of us

601
00:33:31,920 --> 00:33:34,160
Speaker 1: as there is between us and President Trump. So I

602
00:33:34,160 --> 00:33:36,320
Speaker 1: think that you're you know, there's gonna be a lot

603
00:33:36,360 --> 00:33:39,240
Speaker 1: of palace intrigue in the media about who's sniping at

604
00:33:39,240 --> 00:33:42,040
Speaker 1: who and and you know, sort of intra family dispute.

605
00:33:42,040 --> 00:33:43,720
Speaker 1: But on the other hand, I think you're going to

606
00:33:43,800 --> 00:33:46,360
Speaker 1: see a lot of the fire unite and and focus

607
00:33:46,400 --> 00:33:48,880
Speaker 1: more towards the president. Matt quickly, who gives you the

608
00:33:48,920 --> 00:33:51,080
Speaker 1: most pause on the on the left to run against?

609
00:33:51,120 --> 00:33:53,440
Speaker 1: You got literally like ten seconds. I would love if

610
00:33:53,480 --> 00:33:57,400
Speaker 1: they nominated Bernie Sanders and Elizabeth Warren. Maybe a great ticket, Jennifer,

611
00:33:57,440 --> 00:33:59,760
Speaker 1: I'm not on the position of advising Democrats, but we're

612
00:33:59,760 --> 00:34:02,080
Speaker 1: gonna leave it there. Matt Mawer's in his first interview

613
00:34:02,080 --> 00:34:04,400
Speaker 1: fresh out of the State Department, appreciate you coming on.

614
00:34:04,480 --> 00:34:07,240
Speaker 1: He left the State Department last week, and Jennifer Holdsworth

615
00:34:07,280 --> 00:34:10,839
Speaker 1: Democratic strategists appreciate at the time, I'm Kevin CURRELLI, you're

616
00:34:10,880 --> 00:34:15,200
Speaker 1: listening so Bloomberg. Yeah,