WEBVTT - Sen. Shaheen on Russia Sanctions Bill; World Cup Finale 0:00:02.520 --> 0:00:10.160 Bloomberg Audio Studios, Podcasts, Radio News. Welcome to the Bloomberg 0:00:10.240 --> 0:00:15.920 This Weekend Podcast with David Gura, Christina Raffini, and Lisa Matteo. 0:00:17.680 --> 0:00:20.560 Thanks for joining us for today's selection of conversations from 0:00:20.600 --> 0:00:20.959 the show. 0:00:21.200 --> 0:00:23.479 You can listen to our favorite discussions right here on 0:00:23.520 --> 0:00:25.800 the podcast, but also make sure to join us live 0:00:25.960 --> 0:00:28.960 every Saturday and Sunday morning starting at seven am Easter. 0:00:29.160 --> 0:00:32.760 We're on Bloomberg Television, Radio and the Bloomberg Business App, 0:00:33.040 --> 0:00:37.600 bringing you unique takes and in depth interviews on news, politics, 0:00:37.680 --> 0:00:39.120 lifestyle and culture. 0:00:41.960 --> 0:00:44.560 Joining us now is Democratic Senator Jean Shehenes. She's the 0:00:44.640 --> 0:00:47.479 ranking Democrat on the Senate Foreign Relations Committee and co 0:00:47.600 --> 0:00:51.239 chair of the bipartisan NATO Observer Group. Senator, thank you 0:00:51.280 --> 0:00:53.120 so much for being with us. I first want to 0:00:53.120 --> 0:00:55.680 ask you what your take is on on me with 0:00:55.720 --> 0:00:56.520 you the events. 0:00:56.760 --> 0:00:57.960 Thank you, sir. We have a bit of a delay. 0:00:57.960 --> 0:01:02.680 I apologize I should have known that overnight and the 0:01:02.840 --> 0:01:05.679 impact on the US force position in the Middle East, 0:01:05.720 --> 0:01:08.959 both our military and diplomatic installations. 0:01:12.240 --> 0:01:16.160 Well, I think, like all Americans, I offer my deepest 0:01:16.200 --> 0:01:18.959 condolences to the families of those service members who have 0:01:19.000 --> 0:01:23.319 been lost. Our men and women in the Middle East 0:01:23.360 --> 0:01:29.000 have performed in an outstanding way and they will continue 0:01:29.040 --> 0:01:31.880 to do that. But what we need to do is 0:01:31.920 --> 0:01:35.320 to bring this war to a close and get the 0:01:35.360 --> 0:01:39.560 president to get Iran back to the negotiating table. He 0:01:39.640 --> 0:01:42.000 has not accomplished any of the goals that he set 0:01:42.040 --> 0:01:44.760 out for the war in the beginning, whether it's getting 0:01:44.840 --> 0:01:48.400 rid of the Iran's nuclear program or changing the regime. 0:01:48.440 --> 0:01:51.160 We have a more hardline regime in place. We haven't 0:01:51.160 --> 0:01:55.080 dealt with the enriched uranium that's on site, we haven't 0:01:55.120 --> 0:02:01.440 destroyed the ballistic missile capability. And furthermore, Iran is controlling 0:02:01.480 --> 0:02:04.000 the straight of hor moves and that was never an 0:02:04.040 --> 0:02:07.800 issue before with respect to their nuclear program. They continue 0:02:07.840 --> 0:02:11.480 to support proxies across the Middle East. So now's the 0:02:11.520 --> 0:02:14.359 time to get them back to the table to address 0:02:14.440 --> 0:02:19.440 these issues, because it seems clear that while we are 0:02:19.440 --> 0:02:23.320 going to degrade their capability to finally address all of 0:02:23.360 --> 0:02:26.040 these issues is not going to be possible just by 0:02:26.080 --> 0:02:27.119 a bombing campaign. 0:02:27.520 --> 0:02:30.320 You sit on the Foreign Relations Committee, the Armed Services Committee, 0:02:30.480 --> 0:02:31.920 and I hear you on your call to get her 0:02:31.960 --> 0:02:34.680 on back to the table. But I wonder what route 0:02:34.720 --> 0:02:37.240 you see for doing that. You mentioned the president's goals 0:02:37.240 --> 0:02:39.800 here what they were at the onset of this conflict. 0:02:40.480 --> 0:02:41.160 They have changed. 0:02:41.200 --> 0:02:43.040 There's been the plasticity to them over the. 0:02:43.000 --> 0:02:44.799 Course of this war so far. 0:02:46.280 --> 0:02:48.240 I wonder if it's clear to you what their objectives are, 0:02:48.480 --> 0:02:49.919 and again, how you would get the mary When. 0:02:49.760 --> 0:02:52.519 You say plasticity, I assume you mean they've gone back 0:02:52.520 --> 0:02:56.600 and forth. Yes, when you say plasticity. What we've seen 0:02:56.680 --> 0:03:00.120 is that the President announces different goals from day to day. 0:03:00.360 --> 0:03:02.840 The problem is there hasn't been a strategy for this war. 0:03:03.280 --> 0:03:05.520 We need a strategy. We need to figure out how 0:03:05.520 --> 0:03:07.200 we're going to get a Ran back to the table 0:03:07.440 --> 0:03:11.600 so that we can actually negotiate. Unfortunately, the president is 0:03:12.240 --> 0:03:15.800 the one page two page memorandum that he announced that 0:03:16.000 --> 0:03:21.400 was signed by Iran in the United States was open 0:03:21.639 --> 0:03:26.480 to vast interpretation and it basically provided Iran everything they wanted, 0:03:26.560 --> 0:03:29.840 and yet they're still not satisfied. So we've got to 0:03:30.040 --> 0:03:32.400 have come up with a different strategy, and so far 0:03:32.480 --> 0:03:36.120 the President hasn't shared that with Congress or the American public. 0:03:36.280 --> 0:03:37.280 How he's going to do that. 0:03:37.800 --> 0:03:40.080 I wonder how concerned you are that Iran seems to 0:03:40.120 --> 0:03:42.840 be employing a different strategy now with its tactics with 0:03:43.320 --> 0:03:46.880 attacking these bases. They have different munitions. They're barraging them 0:03:46.880 --> 0:03:49.200 with cheaper munitions before firing the ones that they can 0:03:49.200 --> 0:03:51.920 target better. And there's also reporting in the Wall Street 0:03:51.960 --> 0:03:54.960 Journal that perhaps they are getting targeting information and help 0:03:55.000 --> 0:03:56.800 from either China or Russia. I wonder if you have 0:03:56.840 --> 0:03:59.720 any insight into that intelligence and what you think about 0:03:59.720 --> 0:04:01.920 these tactics if you're concerned about an escalation. 0:04:05.320 --> 0:04:09.040 I don't have any insights beyond what's been publicly reported, 0:04:09.440 --> 0:04:12.960 but it does go to the point that we need 0:04:13.000 --> 0:04:18.040 to get Russia back. We need to address their warren Ukraine. 0:04:18.160 --> 0:04:21.000 We need to continue to degrade their capability, and that's 0:04:21.040 --> 0:04:23.240 what the Ukrainians are doing. We need to put pressure 0:04:23.240 --> 0:04:26.719 on Vladimir Putin. Now is the time there is momentum 0:04:27.040 --> 0:04:31.920 on Ukraine side, and if Ukraine can defeat Russia there, 0:04:32.360 --> 0:04:35.400 then that puts real pressure on them. In the Middle East. 0:04:36.000 --> 0:04:38.279 We need to look at China. One of the things 0:04:38.320 --> 0:04:41.800 that we have just introduced reintroduced this week is the 0:04:43.160 --> 0:04:47.679 Grand Blumenthal Sanctions Bill that would target the top users 0:04:47.720 --> 0:04:50.200 of Russian oil and gas and China is the number 0:04:50.200 --> 0:04:53.400 one user, and if we can shut down their ability 0:04:53.440 --> 0:04:56.720 to access that cheap Russian oil and gas, that has 0:04:56.760 --> 0:04:59.960 a real impact on them, and it restricts their ability 0:05:00.080 --> 0:05:01.120 these in the Middle East. 0:05:01.600 --> 0:05:04.760 Senator, let me ask you about that bill. So there's 0:05:04.800 --> 0:05:06.840 the debate in the Congress about it and what it 0:05:06.880 --> 0:05:08.640 should do. But the President has a lot of latitude here. 0:05:08.640 --> 0:05:10.799 Were it to be passed, he would choose to implement 0:05:10.800 --> 0:05:14.279 those tariffs. Those secondary tariffs are not and I'm very curious, 0:05:14.320 --> 0:05:17.520 service you've been a party to these conversations with the 0:05:17.520 --> 0:05:21.159 White House, with the US Trade representative. Your sense of 0:05:21.200 --> 0:05:24.320 the eagerness or willingness of this administration, the President in 0:05:24.320 --> 0:05:27.040 particular to impose those tariffs if in fact this has 0:05:27.080 --> 0:05:27.760 made law. 0:05:27.960 --> 0:05:29.080 We've seen the. 0:05:29.040 --> 0:05:32.680 Way that he has operated with regard to Russia in 0:05:32.720 --> 0:05:35.720 the past, the unwillingness to impose sanctions and tariffs like 0:05:35.760 --> 0:05:37.760 this previously. Do you think that he's at a point 0:05:37.760 --> 0:05:39.960 at which he would likely put those tariffs of one 0:05:40.000 --> 0:05:41.919 hundred percent in place where he given the ability to 0:05:41.960 --> 0:05:45.279 do so. 0:05:45.400 --> 0:05:45.679 Well. 0:05:46.000 --> 0:05:48.880 The momentum, as I said, is on the side of Ukraine. 0:05:49.279 --> 0:05:51.840 And the fact is this is a very different bill 0:05:51.920 --> 0:05:55.159 than the bill that was originally introduced by Senators Graham 0:05:55.160 --> 0:05:59.000 and Blumenthal. It is much more narrowly crafted. It's aimed 0:05:59.000 --> 0:06:01.960 at the top five users of Russian oil and gas. 0:06:02.120 --> 0:06:06.120 It's aimed at the Shadow Fleet. We've already sanctioned the 0:06:06.120 --> 0:06:09.080 Shadow Fleet from Iran and that's had a real impact 0:06:09.080 --> 0:06:13.120 on their ability to sell oil. So this would have 0:06:13.160 --> 0:06:16.120 a real impact on Russia. And what we know right 0:06:16.160 --> 0:06:20.120 now is that they're losing over thirty thousand casualties a month. 0:06:20.360 --> 0:06:23.000 Their economy has taken a big hit. If we can 0:06:23.560 --> 0:06:27.320 really put pressure on Vladimir Putin, it's going to have 0:06:27.400 --> 0:06:30.159 an impact. That's what this bill is designed to do, 0:06:30.760 --> 0:06:34.280 and what we've seen from it would be a fitting 0:06:34.320 --> 0:06:37.480 tribute to Senator Graham to be able to pass this. 0:06:37.680 --> 0:06:41.040 When we were in Ankara at the NATO summit last week, 0:06:41.760 --> 0:06:45.080 we heard from the White House that they were supportive 0:06:45.120 --> 0:06:52.040 of the legislation. The Treasury and the Trade Representative are 0:06:52.200 --> 0:06:56.200 both supportive. So this is the opportune time to get 0:06:56.200 --> 0:06:59.400 this bill passed. We have sixty two sponsors in the 0:06:59.440 --> 0:07:03.640 Senate now and we're still working on more. So let's 0:07:03.640 --> 0:07:06.880 get this done and let's put pressure on Vladimir Putin 0:07:06.920 --> 0:07:08.599 and shut down his war machine. 0:07:08.839 --> 0:07:10.960 Senator, a little less than an hour ago, the President 0:07:11.000 --> 0:07:14.720 posted on truth Social that Republicans should add Iran to 0:07:14.840 --> 0:07:17.720 that sanctions bill. He says, that's what Lindsay wanted to 0:07:17.760 --> 0:07:20.920 do and was going to happen important. I'm wondering if 0:07:21.160 --> 0:07:24.600 you had any inkling that the late Senator Graham wanted 0:07:24.640 --> 0:07:26.840 to expand that bill to include Iran, and if you 0:07:26.880 --> 0:07:29.400 think the inclusion of sanctions on Iran would either delay 0:07:29.520 --> 0:07:32.120 or compromise all that support you just mentioned. 0:07:34.840 --> 0:07:38.440 Well, Senator Graham never raised the concern about it putting 0:07:38.560 --> 0:07:42.400 Iranian sanctions on the bill. The fact is we have 0:07:42.800 --> 0:07:46.040 significant sanctions on Iran. When the war started, we put 0:07:46.120 --> 0:07:49.960 additional sanctions on Iran. I think if the President wants 0:07:50.000 --> 0:07:52.000 to do that, let's do it in a separate bill. 0:07:52.280 --> 0:07:56.000 But this bill is moving. It's as I said, it's 0:07:56.040 --> 0:08:00.640 targeted in a way that is important, and is comes 0:08:00.680 --> 0:08:05.200 on the heels of the G seven conference where everyone 0:08:05.240 --> 0:08:09.400 including President Trump signed on to communicate that said we 0:08:09.480 --> 0:08:12.600 need to support Ukraine and put more pressure on Putin. 0:08:12.920 --> 0:08:18.200 That was echoed at the NATO summit. We know that 0:08:18.200 --> 0:08:20.680 that's what it's going to take to get Vladimir Putin 0:08:20.720 --> 0:08:23.440 to the table. So far we have not been successful 0:08:23.600 --> 0:08:26.160 at getting him to the negotiating table, and let's put 0:08:26.240 --> 0:08:28.000 more pressure on him to do that. 0:08:28.640 --> 0:08:30.480 Senator, we're talking to you in London. 0:08:30.520 --> 0:08:32.040 As you mentioned, you were an uncer for the NATO 0:08:32.040 --> 0:08:35.240 summit a few days ago, and I'm very curious to 0:08:35.240 --> 0:08:38.439 get your perspective on how Europeans are regarding the United States. 0:08:38.679 --> 0:08:40.959 I think everyone would say this was at least a 0:08:41.000 --> 0:08:43.760 relatively successful summit in the context of past NATO summits. 0:08:43.760 --> 0:08:46.480 The present's been a participant in, but we have seen 0:08:46.720 --> 0:08:50.000 Europeans kind of react or comport themselves differently as the 0:08:50.120 --> 0:08:52.640 US has begun to kind of disengage with some traditional 0:08:52.640 --> 0:08:55.760 aspects of their relationship with Europe. How do you see 0:08:55.760 --> 0:08:58.599 that relationship today? Are you worried about it? What's the 0:08:58.640 --> 0:08:59.640 path forward as you see it? 0:09:03.000 --> 0:09:03.160 Well? 0:09:03.200 --> 0:09:05.960 As you pointed out, the NATO summit was very successful. 0:09:06.040 --> 0:09:09.920 Not only did we highlight the additional spending on defense. 0:09:10.440 --> 0:09:13.240 All thirty two NATO countries are now at two percent 0:09:13.280 --> 0:09:16.959 of GDP, which had been an earlier goal. They're working 0:09:17.000 --> 0:09:19.240 their way up to five percent of GDP. We have 0:09:19.280 --> 0:09:22.200 a number of countries that I think seven now that 0:09:22.400 --> 0:09:26.280 are over three percent, and so it was an opportunity 0:09:26.320 --> 0:09:30.599 both to highlight that and also to highlight the opportunities 0:09:30.640 --> 0:09:34.720 in our defense industrial base. We know that we're addressing 0:09:34.800 --> 0:09:39.079 threats from China and the Indo Pacific, from Russia in Europe, 0:09:39.600 --> 0:09:43.000 from Iran of course in North Korea. We know we've 0:09:43.000 --> 0:09:45.880 got to work together with our allies and partners, and 0:09:45.960 --> 0:09:48.439 we've got to improve our defense industrial base in a 0:09:48.520 --> 0:09:52.520 way that allows us to work more collaborative together to 0:09:52.559 --> 0:09:55.839 do co production. And we focused on that at the 0:09:55.920 --> 0:09:58.600 NATO summit in a way that I think was really important. 0:10:00.000 --> 0:10:04.520 We didn't hear from our European partners that they were 0:10:04.559 --> 0:10:09.160 concerned about the United States. What we heard was the 0:10:09.200 --> 0:10:13.040 importance of all of us working together cooperating. I'm here 0:10:13.200 --> 0:10:17.600 in England with a bipartisan delegation from the Congress to 0:10:18.240 --> 0:10:21.000 for the Farnborough Air Show. It's one of the biggest 0:10:21.000 --> 0:10:24.040 air shows in the world, and the American presence here 0:10:24.160 --> 0:10:27.000 is bigger than it's ever been in the past, and 0:10:27.559 --> 0:10:30.440 everyone's talking about how do we work together, how do 0:10:30.480 --> 0:10:33.960 we continue to innovate to keep America ahead of the 0:10:34.000 --> 0:10:37.240 competition when it comes to aerospace, which is so important 0:10:37.280 --> 0:10:37.959 to our future. 0:10:38.200 --> 0:10:40.920 Senator, I'm assuming you didn't get that gift from Aeroon 0:10:41.000 --> 0:10:43.680 at the NATO summit that some of the other delegates got. 0:10:43.720 --> 0:10:46.000 I think aus we're calling it the Aeroon Special. But 0:10:46.679 --> 0:10:49.120 assuming you didn't go home with any new weapons, I 0:10:49.200 --> 0:10:52.120 do know that you met with Ukraine's President Selensky while 0:10:52.160 --> 0:10:52.520 you were there. 0:10:52.559 --> 0:10:54.400 It seems like this is a very pivotal. 0:10:54.000 --> 0:10:56.800 Time in that conflict, and there's also some time happening 0:10:57.360 --> 0:10:59.760 in Kiev right now inside his government. What was your 0:10:59.760 --> 0:11:02.400 com verciation with Zelensky like and what is your take 0:11:02.440 --> 0:11:04.720 on what's going on with the leadership of the defense 0:11:04.760 --> 0:11:05.960 department in Ukraine right now. 0:11:09.200 --> 0:11:13.760 Well, we talked at the NATO summit about what Ukraine's 0:11:13.800 --> 0:11:18.240 success is about their drone production, their innovation when it 0:11:18.240 --> 0:11:20.600 comes to drones, and how critical that's been to the 0:11:20.600 --> 0:11:23.400 conduct of this war. One of the people who has 0:11:23.440 --> 0:11:27.240 been very important in helping to change that direction when 0:11:27.280 --> 0:11:30.520 it comes to drone production in the new way of 0:11:30.679 --> 0:11:34.160 waging war has been their Defense Minister Federoff, who was 0:11:34.280 --> 0:11:39.120 dismissed by President Zelensky. Now there are demonstrations. I think 0:11:39.400 --> 0:11:41.920 President Zelenski has said he's going to listen to what 0:11:41.960 --> 0:11:44.400 people have to say, and I hope he's going to 0:11:44.440 --> 0:11:45.439 be responsive to that. 0:11:46.320 --> 0:11:48.840 I want to ask you about this period that we're 0:11:48.880 --> 0:11:51.520 in when you look at the Ukraine conflict, this forty 0:11:51.600 --> 0:11:55.640 day period that the President Zelensky's really emphasizing additional strikes 0:11:55.679 --> 0:11:57.960 on Russia. We've seen him strike ships in the Strait 0:11:57.960 --> 0:12:00.800 of Asar as well. How do you view the kind 0:12:00.840 --> 0:12:03.800 of pivotal nature of this moment in that conflict? And 0:12:04.040 --> 0:12:06.240 the images that we saw yesterday from the President's Twitter 0:12:06.280 --> 0:12:10.600 account were really extraordinary, the strikes that Ukraine made on Russia. 0:12:11.160 --> 0:12:12.840 What does it tell you about the trajectory of the 0:12:12.840 --> 0:12:15.040 conflict and indeed what Ukraine needs at this point in 0:12:15.080 --> 0:12:15.720 terms of support. 0:12:19.080 --> 0:12:22.280 Well, again, there's no doubt the momentum is on Ukraine's 0:12:22.320 --> 0:12:24.560 side right now, and that's why we need to be 0:12:24.600 --> 0:12:28.280 thinking about every avenue we can to support Ukraine. We 0:12:28.320 --> 0:12:33.520 saw tremendous support for Ukraine after the NATO summit, pledging 0:12:33.679 --> 0:12:39.080 billions of dollars in support. Looking at President Trump said 0:12:39.080 --> 0:12:42.000 to President Zelenski, we agree you should be able to 0:12:42.080 --> 0:12:46.040 produce the patriot missile and interceptors in Ukraine. 0:12:46.200 --> 0:12:48.000 That was a big step forward. 0:12:48.559 --> 0:12:52.199 And thinking about how we put pressure on Russia now 0:12:52.360 --> 0:12:55.880 and Vladimir Putin is really critical. And that's why this 0:12:55.960 --> 0:12:59.640 Russia sanctions bill that we have that would sanction their 0:12:59.679 --> 0:13:04.280 final antial entities, their oligarchs. Also look at those countries 0:13:04.280 --> 0:13:07.120 that are benefiting from that cheap Russian oil and gas 0:13:07.360 --> 0:13:11.560 and shut that down, because that shuts down the support 0:13:11.640 --> 0:13:14.280 for Russia's war machine. And that's what we need to do. 0:13:14.360 --> 0:13:18.520 Their economy is on the brink, it's teetering. The casualties 0:13:18.559 --> 0:13:24.200 that they're losing are just unbelievable from an America's prospect 0:13:24.280 --> 0:13:28.040 when you think about in less than three months, Russia's 0:13:28.080 --> 0:13:32.839 losing as many people on the battlefield as we lost 0:13:32.920 --> 0:13:36.560 throughout all of Vietnam. So now is the time for 0:13:36.640 --> 0:13:39.920 us to take action. I'm hoping Congress will do this. 0:13:40.160 --> 0:13:43.360 We'll get this bill passed, and think about all the 0:13:43.440 --> 0:13:46.000 other ways that we can try and bring Vladimir Putin 0:13:46.040 --> 0:13:49.240 to the table to end this war centa. 0:13:49.240 --> 0:13:51.840 It does seem that this is at least moving towards 0:13:51.880 --> 0:13:54.400 a level of pressure that Putin really hasn't felt prior 0:13:54.440 --> 0:13:57.640 to this, but there is some concern with that, and 0:13:57.679 --> 0:14:00.000 that is, if you corner someone, they're going to react. 0:14:00.600 --> 0:14:04.240 Are you concerned that a desperate Putin could do something 0:14:04.480 --> 0:14:08.080 really imhorrant, like the use of tactical nukes and what 0:14:08.120 --> 0:14:10.200 can the US or its allies do to try to 0:14:10.200 --> 0:14:10.679 prevent that. 0:14:14.080 --> 0:14:16.400 Well, I think what Vladimir Putin is doing right now 0:14:16.440 --> 0:14:19.920 is already imhorrent. And the concern is that if he's 0:14:19.960 --> 0:14:23.440 successful in Ukraine or even if not, the one place 0:14:23.440 --> 0:14:27.720 where he could escalate is against a NATO country. And 0:14:27.800 --> 0:14:31.160 that's why doing everything we can to bring him to 0:14:31.200 --> 0:14:34.960 the table is critical. Look, he's lost his foothold in 0:14:35.160 --> 0:14:39.320 South America with Venezuela, he's in danger of losing Cuba, 0:14:39.720 --> 0:14:42.880 He's lost his foothold in the Middle East in Syria. 0:14:44.600 --> 0:14:47.600 Now is the time to add to that pressure to 0:14:47.600 --> 0:14:48.640 get him to the table. 0:14:50.080 --> 0:14:51.720 Let me just ask you to look ahead, if you could, 0:14:51.800 --> 0:14:53.160 at the way in which you're going to get more 0:14:53.160 --> 0:14:55.640 answers to questions that you have about the administration strategy 0:14:55.680 --> 0:14:58.440 going forward. Here, I'm curious what's front of mine for you, 0:14:58.480 --> 0:15:00.280 what you'd like to learn more about, and if indeed 0:15:00.480 --> 0:15:02.680 there has been any improvement in the ability of the 0:15:02.800 --> 0:15:05.440 committees on which you sit again, Armed Services and Foreign Relations, 0:15:05.800 --> 0:15:08.360 in getting information about strategy from this administration. 0:15:12.120 --> 0:15:15.280 Well, not that I'm aware of. We have a hearing 0:15:15.360 --> 0:15:19.760 before Appropriations on Tuesday afternoon where Secretary heg Seth and 0:15:19.880 --> 0:15:23.800 Secretary Rollins will come in for their supplemental budget request. 0:15:24.280 --> 0:15:27.920 We have very few details about what they're planning and 0:15:27.960 --> 0:15:30.440 what that would mean going forward for the war in Iran. 0:15:30.920 --> 0:15:36.200 We need to see that transparency. The fact is, in 0:15:36.320 --> 0:15:40.720 order to be successful, Congress and the administration should be 0:15:40.800 --> 0:15:46.320 working together, and the President and the Secretary of heg 0:15:46.400 --> 0:15:48.960 Seth have not provided any of those details. 0:15:49.280 --> 0:15:50.640 Senator, thank you very much. That Senator Gen. 0:15:50.680 --> 0:15:52.640 Shaheen of New Hampshire, where sits on the Foreign Relations, 0:15:52.760 --> 0:15:55.600 Armed Services and Appropriations committees, joining us today from London 0:15:55.680 --> 0:15:57.080 ahead of the Farmborough Airshow. 0:15:57.080 --> 0:15:58.520 Appreciate your time. Thank you very much. 0:15:58.560 --> 0:15:59.120 Thank you, ma'am. 0:15:59.440 --> 0:16:01.280 All right, we're going to go now to the latest 0:16:01.280 --> 0:16:02.480 headlines with Lisa Mittaio. 0:16:02.760 --> 0:16:05.360 You gotta guys let us recalls tied to a cyclost 0:16:05.400 --> 0:16:09.520 sporasis outbreak. It continues to spread and now select Walmart 0:16:09.560 --> 0:16:13.800 locations they have removed four bag lettuce salad products manufactured 0:16:13.960 --> 0:16:17.120 by Taylor Farms. The retailer said they pull the items 0:16:17.160 --> 0:16:19.880 which are sold under its market Side Store brand as 0:16:19.920 --> 0:16:23.200 a precaution. Now there have been no confirmed illnesses tied 0:16:23.240 --> 0:16:26.840 to those products. Ontario Premier Doug Ford is fiery back 0:16:26.880 --> 0:16:30.760 at the President Trump's criticism of Canada's wildfire response. The 0:16:30.760 --> 0:16:34.080 President took this truth social on Friday, threatening higher tariffs 0:16:34.120 --> 0:16:37.360 to deal with the costs of quote filthy polluted air now. 0:16:37.400 --> 0:16:41.280 Ford called the President's rhetoric unacceptable and suggested dropping lumber 0:16:41.360 --> 0:16:44.680 teriffs would help clear forest for it. Said Ontario has 0:16:44.720 --> 0:16:48.560 one hundred ninety one active wildfires. Poor air quality not 0:16:48.600 --> 0:16:52.360 affecting today's World Cup finals when Argentina defends its title 0:16:52.360 --> 0:16:55.880 against Spain in New Jersey this afternoon. Now, Argentina looking 0:16:55.880 --> 0:16:58.800 for its fourth title and battling, and they're battling Spain, 0:16:58.920 --> 0:17:01.360 who is going for their set. And the match today 0:17:01.480 --> 0:17:04.480 is going to be attended by eighty thousand spectators, including 0:17:04.520 --> 0:17:07.679 President Donald Trump, and fifty thousand fans will attend a 0:17:07.680 --> 0:17:10.640 free watch party on Central Park's Great Lawn. A Host 0:17:10.640 --> 0:17:13.080 Committee study shows the World Cup has produced one point 0:17:13.080 --> 0:17:16.680 two billion dollars in direct economic impact during the group 0:17:16.720 --> 0:17:20.720 stage period and FIFA yes also introducing a star studied 0:17:20.800 --> 0:17:24.320 closing ceremony alongside a first of its kind halftime show 0:17:24.480 --> 0:17:28.320 for the final. It'll feature Madonna, Shakira, Justin Bieber and 0:17:28.960 --> 0:17:31.560 b T S. David and Christina. 0:17:31.920 --> 0:17:35.240 I'm excited for Shakira. That's akira sperennial presence. 0:17:35.600 --> 0:17:37.480 I follow the guy who makes her skirts online. 0:17:37.520 --> 0:17:39.280 They're very very friend g A. 0:17:39.359 --> 0:17:40.600 Right, that's an interesting tidbit. 0:17:40.640 --> 0:17:43.159 All right, this is gonna be a hard pivot, right 0:17:43.200 --> 0:17:45.320 and as a less fun topic nowe all right, as 0:17:45.359 --> 0:17:47.720 we just talked about with Senator Shaheen, Russia hit Ukraine 0:17:47.720 --> 0:17:50.280 for the largest ballistic missile barrages so far in the 0:17:50.320 --> 0:17:53.879 four year old war. Ukrainian President Lensky says it involved 0:17:53.880 --> 0:17:56.720 more than fifty missiles and one hundred and twenty attack drones, 0:17:56.800 --> 0:17:59.280 and now he's asking for more interceptors and more sanctions 0:17:59.280 --> 0:18:00.400 on Russia. 0:18:00.160 --> 0:18:01.439 After Ukraine struck in Russia. 0:18:01.520 --> 0:18:04.000 Yesterday, I spoke to President Trump's former Deputy Secretary of 0:18:04.000 --> 0:18:06.440 State at the Aspen Security Forum. Steve Began told me 0:18:06.480 --> 0:18:09.639 President Trump truly wants piece, but Vladimir Putin does not 0:18:09.680 --> 0:18:10.359 share that goal. 0:18:11.160 --> 0:18:14.880 He sees war is a wasteful exercise. He also also 0:18:14.920 --> 0:18:18.119 sees it as a failure of diplomacy, a failure of negotiation, 0:18:18.560 --> 0:18:21.119 very much in the context of how president President Trump 0:18:21.160 --> 0:18:25.439 likes to approach global tensions like this. But he's got 0:18:25.440 --> 0:18:27.280 a bit of the conceit of the negotiator too, which 0:18:27.320 --> 0:18:30.480 is I think he believes everything is negotiable. In this case, 0:18:31.160 --> 0:18:34.000 It's just not the case. Putin doesn't want a negotiation. 0:18:34.280 --> 0:18:37.240 Putin wants Ukraine, and he wants all of it. American 0:18:37.320 --> 0:18:41.200 presidents are President Trump and even to a greater extent, 0:18:41.240 --> 0:18:45.080 President Biden before him, wake up every morning and think 0:18:45.119 --> 0:18:48.199 how do I avoid a direct war with Russia? But 0:18:48.280 --> 0:18:50.679 Vladimir Putin wakes up every morning and thinks, how do 0:18:50.760 --> 0:18:54.000 I win a war against America? And I think that 0:18:54.040 --> 0:18:56.960 mismatch is very much on display. No matter how much 0:18:57.000 --> 0:18:59.760 President Trump wants a peaceful end of this war, Vladimir 0:18:59.840 --> 0:19:01.120 put It was not going to give it to him, 0:19:01.119 --> 0:19:02.680 because peace is not his objective. 0:19:03.320 --> 0:19:04.919 It's a really interesting point. 0:19:05.119 --> 0:19:08.960 I think America for decades has failed to understand some 0:19:09.080 --> 0:19:12.679 of its foes rationale in the ways of thinking, and 0:19:12.760 --> 0:19:15.920 Russia especially, we just don't seem to frame ideas and 0:19:16.000 --> 0:19:18.160 concepts and diplomacy the same way a lot of times. 0:19:18.160 --> 0:19:20.199 And I think it's interesting, as you were talking just 0:19:20.240 --> 0:19:22.760 about what a cornered Putin might do Secretary of Big 0:19:22.800 --> 0:19:26.439 and expressing very similar concerns here about the irrationality of 0:19:26.480 --> 0:19:27.960 somebody back into a corner in the way in which 0:19:27.960 --> 0:19:31.240 it seems like President Putin is at least in small forms. 0:19:31.280 --> 0:19:32.760 Percent but doesn't be like, here's the options. But that's 0:19:32.760 --> 0:19:35.119 always dangerous. It's also dangerous, you know, power of pores, 0:19:35.119 --> 0:19:37.119 a vacuum. If he goes, if he ever goes, what 0:19:37.200 --> 0:19:37.800 replaces him? 0:19:37.840 --> 0:19:39.639 Yeah, And I should say he echoing what the Senator 0:19:39.640 --> 0:19:41.320 said just a moment ago, that he really feels like 0:19:41.320 --> 0:19:44.440 this war has changed its trajectory here in recent weeks 0:19:44.480 --> 0:19:46.760 that Ukraine does have the upper hand going forward. 0:19:46.760 --> 0:19:46.920 Here. 0:19:49.160 --> 0:19:51.680 Stay with us for more on Bloomberg this weekend. 0:19:51.960 --> 0:20:06.760 Right after this, after a long, complicated, mostly joyful journey, 0:20:06.800 --> 0:20:09.080 the twenty twenty six feet in World Cup is finally here. 0:20:09.160 --> 0:20:11.639 Spain is going to be taking on Argentina as that 0:20:11.720 --> 0:20:13.520 team tries to be the first to win back to 0:20:13.560 --> 0:20:16.520 back World Cups, a feet not achieved since Brazil in 0:20:16.640 --> 0:20:19.520 nineteen fifty eight and nineteen sixty two. So to bring 0:20:19.560 --> 0:20:21.919 this all to a nice clothes we let go go 0:20:22.000 --> 0:20:24.520 get a coffee and we invited Bloomberg Business of Sports 0:20:24.560 --> 0:20:27.399 reporter hosts Randall Williams on the Sofia here with me 0:20:27.560 --> 0:20:30.200 to help interview our next guests. We have Real Madrid 0:20:30.280 --> 0:20:33.119 and German national team center back Antonio Rudigert. Thank you 0:20:33.160 --> 0:20:34.080 so much for coming in. 0:20:34.680 --> 0:20:36.760 We really appreciate this. Thank you for coming in. 0:20:37.000 --> 0:20:38.160 Absolutely, I'm excited. 0:20:38.200 --> 0:20:40.040 All right, boys, Who's going to win this game? 0:20:41.280 --> 0:20:41.520 Who? 0:20:41.920 --> 0:20:43.040 Asked a professional first? 0:20:44.680 --> 0:20:49.679 I think that's a tough question. And who? Obviously, because 0:20:49.680 --> 0:20:54.960 I play in Spain, I'm going for Spain. But it's 0:20:55.000 --> 0:20:58.920 a tough match because Argentina is really really a strong opponent. 0:20:59.000 --> 0:21:03.280 And yeah, but still I root for Spain fair enough. 0:21:03.119 --> 0:21:05.960 So everyone who is analyzing this game, so that Spain 0:21:06.080 --> 0:21:08.399 keeps the ball away, they don't allow you to have it, 0:21:08.440 --> 0:21:10.840 and that's how you know ultimately they could beat Argentina's 0:21:10.880 --> 0:21:13.040 if they score first and then play keep away. From 0:21:13.080 --> 0:21:15.600