1 00:00:01,000 --> 00:00:04,200 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Brian 2 00:00:04,280 --> 00:00:07,920 Speaker 1: Curtis in Hong Kong. US Senator Joe Lieberman has died 3 00:00:08,039 --> 00:00:11,000 Speaker 1: due to complications from a fall. He was eighty two. 4 00:00:11,560 --> 00:00:15,240 Speaker 1: Republicans strategist Lauren Tomlinson joined us earlier to talk about 5 00:00:15,280 --> 00:00:17,000 Speaker 1: Lieberman's life and legacy. 6 00:00:17,280 --> 00:00:19,159 Speaker 2: He was that same class where he was serving in 7 00:00:19,200 --> 00:00:20,880 Speaker 2: the Senate with Joe Biden, and he was serving in 8 00:00:20,880 --> 00:00:24,200 Speaker 2: the Senate with my former boss, Saxby Chambliss, John McCain. 9 00:00:24,280 --> 00:00:26,440 Speaker 2: You think about all of these names, and they served 10 00:00:26,480 --> 00:00:28,920 Speaker 2: for a really long time as well, and it was 11 00:00:28,920 --> 00:00:30,639 Speaker 2: a different age back then when they were on the 12 00:00:30,680 --> 00:00:33,200 Speaker 2: Senate together. You know, there was a lot of bipartisanship, 13 00:00:33,200 --> 00:00:34,959 Speaker 2: There was a lot of working together. They were all 14 00:00:35,080 --> 00:00:38,559 Speaker 2: very friendly with one another. And so I think we 15 00:00:38,600 --> 00:00:41,800 Speaker 2: talk about even the generational change of how the Senate 16 00:00:41,840 --> 00:00:44,120 Speaker 2: is evolving with the new members that are coming in, 17 00:00:44,159 --> 00:00:47,400 Speaker 2: and how populism and some of the politics of the 18 00:00:47,479 --> 00:00:49,800 Speaker 2: day have kind of changed and made that bipartisanship a 19 00:00:49,840 --> 00:00:54,040 Speaker 2: little less popular for members to pursue. Joe Lieberman's death, 20 00:00:54,080 --> 00:00:56,440 Speaker 2: I think gives us a glimpse to remember a time 21 00:00:56,440 --> 00:00:58,520 Speaker 2: when people were still wanting to work. 22 00:00:58,320 --> 00:01:03,280 Speaker 1: Together, Republicans strategist Lauren Tumlinson. New details are emerging on 23 00:01:03,360 --> 00:01:06,520 Speaker 1: the challenges as Baltimore recovers from the collapse of the 24 00:01:06,560 --> 00:01:10,760 Speaker 1: Franciscott Key Bridge. Divers have recovered the remains of two 25 00:01:10,800 --> 00:01:14,760 Speaker 1: people from the water. In all, six construction workers on 26 00:01:14,880 --> 00:01:17,160 Speaker 1: the bridge at the time of the collision are presumed 27 00:01:17,160 --> 00:01:20,880 Speaker 1: dead after a search and rescue effort. Federal officials have 28 00:01:20,920 --> 00:01:24,200 Speaker 1: said replacing the bridge will cost at least two billion dollars, 29 00:01:24,200 --> 00:01:28,320 Speaker 1: including cleanup. On the cleanup, the NTSB says there are 30 00:01:28,440 --> 00:01:33,000 Speaker 1: hazardous materials on board the Dolly. Bloombergs ed Baxter has More. 31 00:01:33,440 --> 00:01:37,280 Speaker 3: NTSB chair Jennifer Hammandai says tons of materials. 32 00:01:37,319 --> 00:01:43,160 Speaker 4: He was able to identify fifty six containers of hazardous materials. 33 00:01:43,319 --> 00:01:47,640 Speaker 4: That's seven hundred and sixty four tons of hazardous materials, 34 00:01:48,520 --> 00:01:55,720 Speaker 4: mostly corrosives, flammables, and some miscellaneous hazardous materials Class nine 35 00:01:55,800 --> 00:01:59,560 Speaker 4: hazardous materials, which would include lithium ion batteries. 36 00:02:00,080 --> 00:02:02,280 Speaker 3: As it is being dealt with the Coastguards as a 37 00:02:02,320 --> 00:02:06,559 Speaker 3: ship underwent routine maintenance before it left port at Baxter 38 00:02:06,600 --> 00:02:07,400 Speaker 3: Bloomberg Radio. 39 00:02:08,160 --> 00:02:11,640 Speaker 1: Meantime, a salvage firm, Resolved Marine, is now heading to 40 00:02:11,760 --> 00:02:15,000 Speaker 1: Baltimore to remove the ship and the structure of the bridge. 41 00:02:15,400 --> 00:02:18,280 Speaker 1: It remains unclear how long it will take to reopen 42 00:02:18,320 --> 00:02:20,960 Speaker 1: the port, one of the busiest trade hubs on the 43 00:02:21,080 --> 00:02:25,200 Speaker 1: US East Coast. Jenny Yellen has slammed China's use of 44 00:02:25,280 --> 00:02:29,680 Speaker 1: subsidies to give its manufacturers an advantage. The Treasury Secretary 45 00:02:29,720 --> 00:02:32,880 Speaker 1: spoke with MSNBC from a solar cell plant in Georgia. 46 00:02:33,120 --> 00:02:37,320 Speaker 5: There is no country in the world that subsidizes its 47 00:02:37,520 --> 00:02:42,480 Speaker 5: preferred or priority industries as heavily as China does, and 48 00:02:42,880 --> 00:02:48,160 Speaker 5: I believe China's desire is to really have global domination 49 00:02:48,680 --> 00:02:52,400 Speaker 5: of these industries. I intend to talk to the Chinese 50 00:02:52,440 --> 00:02:55,280 Speaker 5: when I visit and make sure that they understand the 51 00:02:55,840 --> 00:03:00,960 Speaker 5: undesirable impact that this is having flowed the market with 52 00:03:01,160 --> 00:03:05,600 Speaker 5: chief goods on the United States, but also in many 53 00:03:05,600 --> 00:03:06,920 Speaker 5: of our closest down laws. 54 00:03:07,160 --> 00:03:11,840 Speaker 1: Treasury Secretary Janet Yellen, speaking on MSNBC. In the meantime, 55 00:03:11,840 --> 00:03:16,280 Speaker 1: the European Union moved toward imposing additional tariffs on Chinese evs. 56 00:03:16,840 --> 00:03:19,480 Speaker 1: It cited proof that Chinese government is providing what it 57 00:03:19,560 --> 00:03:23,960 Speaker 1: called illegal support for the industry. FED Governor Christopher Waller 58 00:03:24,040 --> 00:03:26,760 Speaker 1: says there's no rush for the FED to cut interest rates. 59 00:03:27,040 --> 00:03:30,079 Speaker 1: He cites recent economic data. In my view, it is 60 00:03:30,120 --> 00:03:34,200 Speaker 1: appropriate to reduce the overall number of rate cuts or 61 00:03:34,240 --> 00:03:37,400 Speaker 1: push them further into the future into response to the 62 00:03:37,440 --> 00:03:41,560 Speaker 1: recent data. While it called recent inflation figures disappointing, he 63 00:03:41,640 --> 00:03:43,800 Speaker 1: wants to see at least a couple months of better 64 00:03:43,800 --> 00:03:49,720 Speaker 1: inflation data before cutting. President Xi Jinping has criticized technological 65 00:03:49,760 --> 00:03:53,000 Speaker 1: barriers imposed on China. In a meeting with Dutch Prime 66 00:03:53,040 --> 00:03:56,880 Speaker 1: Minister Mark Rute, he criticized containment efforts by the West 67 00:03:57,280 --> 00:04:00,200 Speaker 1: more from Bloomberg's Juan Wong in Hong Kong, and. 68 00:04:00,240 --> 00:04:03,200 Speaker 6: She told Ratta in Beijing, the barriers will only lead 69 00:04:03,280 --> 00:04:06,440 Speaker 6: to confrontation. He said, no forces can hinder the pace 70 00:04:06,480 --> 00:04:10,880 Speaker 6: of China's advancements. Ratta'strip comes as the Netherlands faces pressure 71 00:04:10,920 --> 00:04:15,520 Speaker 6: from Washington to step up containment of Beijing's chip making. Meantime, 72 00:04:15,640 --> 00:04:19,160 Speaker 6: President She is trying to encourage more foreign investment in China. 73 00:04:19,520 --> 00:04:22,400 Speaker 6: He told a visiting group of US CEOs to invest 74 00:04:22,400 --> 00:04:25,880 Speaker 6: in the country. Among the leaders where executives from Blackstone, 75 00:04:26,160 --> 00:04:30,279 Speaker 6: Qualcom and FedEx here, she insisted the Chinese economy has 76 00:04:30,400 --> 00:04:33,599 Speaker 6: not peaked and that the country is planning deeper reforms 77 00:04:33,760 --> 00:04:37,000 Speaker 6: and the first class business environment in Hong Kong. Joan 78 00:04:37,080 --> 00:04:38,239 Speaker 6: Wanng Bloomberg Radio. 79 00:04:38,560 --> 00:04:41,559 Speaker 1: That's news when you want it with Bloomberg News Now. 80 00:04:41,960 --> 00:04:44,200 Speaker 1: I'm Brian Curtis. This is Bloomberg