1 00:00:00,440 --> 00:00:03,120 Speaker 1: Live from our nation's camera. This budget thing is going 2 00:00:03,200 --> 00:00:05,640 Speaker 1: to do nothing space forces. I still think it's interesting 3 00:00:05,640 --> 00:00:09,000 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,119 --> 00:00:14,520 Speaker 1: politics colliding Sound on with KEVIN'SI relate the insiders, the influencers, 5 00:00:14,680 --> 00:00:17,480 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,520 --> 00:00:20,479 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,480 --> 00:00:22,799 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,840 --> 00:00:26,160 Speaker 1: divide within Team Trump. The president has to do exactly 9 00:00:26,160 --> 00:00:27,920 Speaker 1: what people seven here to do, which is to get 10 00:00:27,920 --> 00:00:32,400 Speaker 1: it done. He's sound on with KEVIN'SI relate on Bloomberg 11 00:00:33,240 --> 00:00:35,400 Speaker 1: one and one oh five point seven f m h 12 00:00:35,520 --> 00:00:40,600 Speaker 1: D two Baltimore. Happy Memorial Day weekend? Are you getting 13 00:00:40,600 --> 00:00:44,320 Speaker 1: out of town? President Trump is? He's headed to Japan, 14 00:00:45,040 --> 00:00:48,600 Speaker 1: where he will meet with Japanese Prime Minister Shenzo Abe 15 00:00:49,120 --> 00:00:52,000 Speaker 1: for a state visit, an official state visit. But what 16 00:00:52,040 --> 00:00:54,000 Speaker 1: does it mean for the markets? What does it mean 17 00:00:54,400 --> 00:00:56,880 Speaker 1: for the auto tariffs? We've got an all star panel 18 00:00:57,440 --> 00:01:02,040 Speaker 1: joining us from our Washington d C studio. Eli Yokeley 19 00:01:02,160 --> 00:01:05,120 Speaker 1: his first time on the program, a reporter for the 20 00:01:05,160 --> 00:01:07,720 Speaker 1: Morning Consult and a good friend of the program. Mark 21 00:01:07,800 --> 00:01:12,160 Speaker 1: Ross of Terrical Global, a firm in Washington that specializes 22 00:01:12,200 --> 00:01:15,679 Speaker 1: on the intersection of globalization policy, talking to all of 23 00:01:15,680 --> 00:01:19,160 Speaker 1: the businesses and how they're impacted by the US China 24 00:01:19,240 --> 00:01:23,280 Speaker 1: trade deal. Meanwhile, foreign policy, the US is sending troops 25 00:01:23,280 --> 00:01:27,120 Speaker 1: to the Mid East after citing Iran for attacks. How 26 00:01:27,160 --> 00:01:31,839 Speaker 1: will that impact the geopolitical landscape on the increasing tensions 27 00:01:32,319 --> 00:01:39,480 Speaker 1: between the US and Iran. Meanwhile, the fallout from that dramatic, dramatic, 28 00:01:39,640 --> 00:01:43,320 Speaker 1: dramatic week in Washington from President Trump and Speaker Pelosi. 29 00:01:43,760 --> 00:01:46,560 Speaker 1: Is it all just noise or does it mean anything 30 00:01:46,600 --> 00:01:49,120 Speaker 1: in terms of what's going to get done on policy? 31 00:01:49,160 --> 00:01:51,480 Speaker 1: Before we get to all of that, Nancy, catch us 32 00:01:51,520 --> 00:01:55,000 Speaker 1: up to speed on what was a remarkably, remarkably busy 33 00:01:55,040 --> 00:01:56,920 Speaker 1: week in Washington. But the weather was nice and I 34 00:01:56,960 --> 00:01:59,720 Speaker 1: got ahead start on my holiday weekend. I'm already in Philly. 35 00:02:00,080 --> 00:02:04,320 Speaker 1: We are broadcasting from our friends in Philadelphia, Downtown Philadelphia 36 00:02:04,360 --> 00:02:08,440 Speaker 1: of KYW News Radio, a CBS three affiliate, and we're 37 00:02:08,480 --> 00:02:10,440 Speaker 1: so grateful for them to to be able to be 38 00:02:10,480 --> 00:02:13,760 Speaker 1: so kind to to lend their studio for me so 39 00:02:13,840 --> 00:02:15,880 Speaker 1: I could spend some time with my parents, who are 40 00:02:15,880 --> 00:02:18,519 Speaker 1: also in studio listening Hopefully they don't grab the mic 41 00:02:18,840 --> 00:02:21,799 Speaker 1: from me, and Anthony Mancini would get mad. But let's 42 00:02:21,840 --> 00:02:25,079 Speaker 1: get to the news. Enough about me, because this feud, 43 00:02:25,240 --> 00:02:29,600 Speaker 1: this political feud between Speaker Pelosi and President Trump really 44 00:02:29,680 --> 00:02:32,320 Speaker 1: really heating up. It's why I'm so glad we have 45 00:02:32,400 --> 00:02:35,399 Speaker 1: Eli Yoakley in our Washington studio to walk us through 46 00:02:35,400 --> 00:02:38,000 Speaker 1: all of this. He's a reporter for The Morning Consult. 47 00:02:38,120 --> 00:02:40,720 Speaker 1: We also have Mark Ross, the founder and CEO of 48 00:02:40,840 --> 00:02:45,640 Speaker 1: Terrico Global, a firm which specializes on globalization policy. We're 49 00:02:45,639 --> 00:02:49,520 Speaker 1: gonna pick his brain about tariffs and Japanese auto tariffs 50 00:02:49,560 --> 00:02:52,320 Speaker 1: and US China, all of that coming up. But Eli, 51 00:02:52,440 --> 00:02:54,160 Speaker 1: let me start with you first of all, thanks for 52 00:02:54,200 --> 00:02:58,079 Speaker 1: coming on. What's going on with this whole back and 53 00:02:58,160 --> 00:03:02,080 Speaker 1: forth now with with President Trump Speaker Pelosi. It's pretty incredible. 54 00:03:02,120 --> 00:03:05,760 Speaker 1: You know, I spent Thursday with Nancy Pelosi going around town. 55 00:03:05,960 --> 00:03:07,840 Speaker 1: She had a few events, she started out with the President, 56 00:03:07,880 --> 00:03:10,760 Speaker 1: then she ended up at Center for American Progress and 57 00:03:10,760 --> 00:03:13,280 Speaker 1: and the Trump meeting just didn't go very well. And uh, 58 00:03:13,560 --> 00:03:16,600 Speaker 1: it was not not not a good meeting. About infrastructure 59 00:03:16,600 --> 00:03:19,120 Speaker 1: was another eye word that really dominated as as President 60 00:03:19,120 --> 00:03:21,920 Speaker 1: Trump said, and it was about impeachment and he just 61 00:03:21,960 --> 00:03:24,400 Speaker 1: walked out and left her hanging. Um, which sort of 62 00:03:24,440 --> 00:03:27,800 Speaker 1: through the talk about infrastructure in Washington out the window. Um. 63 00:03:27,840 --> 00:03:29,960 Speaker 1: You know, we at Morning Council have been pulling quite 64 00:03:29,960 --> 00:03:32,400 Speaker 1: a bit on impeachment over the last six months of 65 00:03:32,480 --> 00:03:34,560 Speaker 1: Democrats have taken over the House, and what we've seen 66 00:03:34,680 --> 00:03:37,680 Speaker 1: is a new rise among Democrats who say impeachment should 67 00:03:37,680 --> 00:03:39,920 Speaker 1: be a top priority. And you're saying this on Capitol 68 00:03:39,960 --> 00:03:42,440 Speaker 1: Hill this week. A lot of rank and file Democrat 69 00:03:42,480 --> 00:03:45,960 Speaker 1: members have started pushing Nancy Pelosi to start, uh talking 70 00:03:45,960 --> 00:03:48,320 Speaker 1: about this and leaning into this. She's changed her rhetoric, 71 00:03:48,360 --> 00:03:52,000 Speaker 1: but so far she hasn't she hasn't changed her action 72 00:03:52,040 --> 00:03:54,680 Speaker 1: on impeachment. Um. You know, she says Donald Trump wants 73 00:03:54,680 --> 00:03:56,440 Speaker 1: her to impeach him, and she's trying to use that 74 00:03:56,480 --> 00:03:58,920 Speaker 1: to push back on some of this stuff among among 75 00:03:58,960 --> 00:04:01,920 Speaker 1: Democrats on the Hill. You know, I was struck by this. 76 00:04:02,160 --> 00:04:03,880 Speaker 1: You know, I was on the Acela coming up here 77 00:04:03,920 --> 00:04:05,720 Speaker 1: to Philly to get a head start on the weekend 78 00:04:05,720 --> 00:04:11,200 Speaker 1: and just watching what President Trump was saying in terms 79 00:04:11,400 --> 00:04:14,560 Speaker 1: of where his mind is at with the with regards 80 00:04:14,560 --> 00:04:16,600 Speaker 1: to to fighting with Democrats as he's about to go 81 00:04:16,680 --> 00:04:19,960 Speaker 1: meet with Shinzo Abe of Japan. I want to play 82 00:04:20,240 --> 00:04:23,640 Speaker 1: what President Trump had to say about Speaker Pelosi earlier 83 00:04:23,680 --> 00:04:26,880 Speaker 1: this morning at the White House. Here's the president. Did 84 00:04:26,920 --> 00:04:29,200 Speaker 1: you hear what she said about me long before I 85 00:04:29,240 --> 00:04:32,680 Speaker 1: went after her? Did you hear she made horrible statements? 86 00:04:32,960 --> 00:04:36,440 Speaker 1: She knows it, not Drew she made she said terrible things. 87 00:04:36,880 --> 00:04:40,680 Speaker 1: So I just responded in God, that was President Trump 88 00:04:40,760 --> 00:04:44,760 Speaker 1: earlier today at the White House. Uh. Eli really just 89 00:04:45,200 --> 00:04:49,720 Speaker 1: essentially continuing to target the president this after that, that 90 00:04:49,800 --> 00:04:52,960 Speaker 1: mayor that remarks yesterday inside of the White House where 91 00:04:53,000 --> 00:04:56,240 Speaker 1: he went after her mannerisms and whatnot, and and this 92 00:04:56,320 --> 00:05:00,240 Speaker 1: is classic Trump. But this is this is an escalation though. Yeah, 93 00:05:00,240 --> 00:05:02,680 Speaker 1: I mean he he was keeping all the bad names 94 00:05:03,160 --> 00:05:05,559 Speaker 1: back whenever he was talking about Nancy Pelosi, and recently 95 00:05:05,600 --> 00:05:08,400 Speaker 1: he's decided to lean into her. Um. You know a 96 00:05:08,440 --> 00:05:10,520 Speaker 1: lot a lot of the Commissional wisdom in Washington when 97 00:05:10,520 --> 00:05:13,320 Speaker 1: you talked to Republican strategists around town, as Donald Trump 98 00:05:13,400 --> 00:05:15,479 Speaker 1: sees this as a winning issue because it's not going 99 00:05:15,600 --> 00:05:18,320 Speaker 1: anywhere in the Senate. UM. You know, Jason Jason Amash 100 00:05:18,360 --> 00:05:20,680 Speaker 1: in the House, one of the lawmakers from Michigan sort 101 00:05:20,680 --> 00:05:22,800 Speaker 1: of threw a range into this a little bit last 102 00:05:22,800 --> 00:05:25,240 Speaker 1: weekend whenever he said that he when he sort of 103 00:05:25,320 --> 00:05:28,120 Speaker 1: leaned into the impeachment talk. But so far we haven't 104 00:05:28,160 --> 00:05:29,960 Speaker 1: seen a lot of this on the Senate side. So 105 00:05:30,760 --> 00:05:32,960 Speaker 1: if if the House moved to impeach Donald Trump for 106 00:05:33,000 --> 00:05:35,800 Speaker 1: some reason, um, you could see a scenario where the 107 00:05:35,800 --> 00:05:37,480 Speaker 1: Senate that quits him. And that's something that I think 108 00:05:37,520 --> 00:05:39,920 Speaker 1: a lot of Democratic leaders have weighing on their minds. 109 00:05:39,960 --> 00:05:42,560 Speaker 1: Adam Schiff said this the other day here in Washington, 110 00:05:42,920 --> 00:05:46,360 Speaker 1: the chairman of the House Intelligence Committee. He said that, um, 111 00:05:46,400 --> 00:05:50,440 Speaker 1: he's weighing these factors pretty heavily as as House Democrats. 112 00:05:50,560 --> 00:05:54,839 Speaker 1: Democrats deal with this. I mean, Mark, this is no 113 00:05:54,920 --> 00:05:57,320 Speaker 1: way to get any policy done, right, I mean, are 114 00:05:57,320 --> 00:05:59,640 Speaker 1: they going to be I mean, who who's talking infrastructure 115 00:05:59,640 --> 00:06:02,680 Speaker 1: when really the President and Speaker Pelosi are going back 116 00:06:02,680 --> 00:06:04,800 Speaker 1: and forth. She's saying, by the way, that she's praying, 117 00:06:05,360 --> 00:06:08,360 Speaker 1: praying for the president, and he's, of course, well he's not, 118 00:06:08,480 --> 00:06:12,800 Speaker 1: he's not. I don't think he's praying for for Speaker Pelosi. Mark. Well, 119 00:06:12,839 --> 00:06:16,680 Speaker 1: I can't say President Trump is praying, um, but I 120 00:06:16,680 --> 00:06:19,960 Speaker 1: will say it's interesting. Uh. I did a discussion earlier 121 00:06:19,960 --> 00:06:22,600 Speaker 1: this week on the trade deal, the new NAFTA, if 122 00:06:22,640 --> 00:06:25,200 Speaker 1: you will, And I was very buoyant. I thought there 123 00:06:25,240 --> 00:06:28,680 Speaker 1: would be a deal with the infrastructure, that the Democrats 124 00:06:28,680 --> 00:06:32,200 Speaker 1: and the Trump administration could find common ground an infrastructure 125 00:06:32,240 --> 00:06:34,000 Speaker 1: and maybe there was a path forward on this new 126 00:06:34,080 --> 00:06:37,120 Speaker 1: NAFTA deal. But a lot is blown up, and um, 127 00:06:37,279 --> 00:06:39,560 Speaker 1: I don't know if prayers can solve any of these issues. 128 00:06:39,600 --> 00:06:42,839 Speaker 1: It's really a dramatical events. We're optimists here, Mark on 129 00:06:42,960 --> 00:06:46,320 Speaker 1: sound on on Bloomboard Radio. It's Friday of a three 130 00:06:46,400 --> 00:06:49,479 Speaker 1: day weekend. Don't sound so down. Let's play what President 131 00:06:49,480 --> 00:06:52,240 Speaker 1: Trump said yesterday that really escalated it. And Eli, I 132 00:06:52,240 --> 00:06:53,880 Speaker 1: want to get your take on it because it goes 133 00:06:53,920 --> 00:06:56,520 Speaker 1: after the mental health of Speaker Pelosi, which is an 134 00:06:56,520 --> 00:06:59,720 Speaker 1: attack that Democrats have used against President Trump. Here's President 135 00:06:59,760 --> 00:07:03,520 Speaker 1: Trump speaking about Speaker Pelosi, crazy Nancy. I tell you what, 136 00:07:03,560 --> 00:07:05,560 Speaker 1: I've been watching her and I have I have been 137 00:07:05,600 --> 00:07:08,480 Speaker 1: watching her for a long period of time. She's not 138 00:07:08,520 --> 00:07:12,560 Speaker 1: the same person. Uh, she's lost it. So there's President 139 00:07:12,600 --> 00:07:16,920 Speaker 1: Trump speaking yesterday at the White House, going after Speaker Pelosi. 140 00:07:17,240 --> 00:07:19,120 Speaker 1: I mean, and you you know this, this is the 141 00:07:19,400 --> 00:07:21,440 Speaker 1: you hear this from the same sources that I do 142 00:07:21,680 --> 00:07:25,640 Speaker 1: on the on the left, especially where there's chatter about 143 00:07:26,160 --> 00:07:28,600 Speaker 1: President Trump. So why is he taking the gloves off 144 00:07:28,640 --> 00:07:31,360 Speaker 1: and going so aggressive right now? What is the calculation 145 00:07:31,400 --> 00:07:34,320 Speaker 1: based on your reporting about why he feels that this 146 00:07:34,560 --> 00:07:37,720 Speaker 1: escalation is going to politically help him. I think she 147 00:07:37,760 --> 00:07:40,320 Speaker 1: just gets under his skin a little bit, and she's 148 00:07:40,360 --> 00:07:44,400 Speaker 1: playing him pretty well. I mean, everything she does maxim 149 00:07:44,440 --> 00:07:46,280 Speaker 1: into a corner a little bit. And by the way, 150 00:07:46,520 --> 00:07:48,440 Speaker 1: he's not the only one calling names. I mean, she 151 00:07:48,560 --> 00:07:50,680 Speaker 1: questioned his mental state in front of a bunch of 152 00:07:50,720 --> 00:07:54,320 Speaker 1: cameras yesterday and has sort of thrown it back right 153 00:07:54,360 --> 00:07:56,520 Speaker 1: at him. Um, you know, I think they see each 154 00:07:56,520 --> 00:07:59,640 Speaker 1: other as sort of foils, and I think that, Uh, look, 155 00:07:59,720 --> 00:08:01,880 Speaker 1: Nancy Close is pretty smart. Everybody in Washington knows that, 156 00:08:01,920 --> 00:08:05,120 Speaker 1: and she doesn't pick a fight on accident, and uh, 157 00:08:05,280 --> 00:08:07,680 Speaker 1: you know, I think maybe part of this, I think 158 00:08:08,120 --> 00:08:10,880 Speaker 1: is the fact that she needs to show Democrats that 159 00:08:10,920 --> 00:08:13,800 Speaker 1: she's fighting on this. I think that, especially amid all 160 00:08:13,840 --> 00:08:16,080 Speaker 1: this push from them, that she needs to act on this. 161 00:08:16,160 --> 00:08:18,760 Speaker 1: She needs to show that she's flexing her muscles a 162 00:08:18,800 --> 00:08:20,840 Speaker 1: little bit in the house. Do you think she'd rather 163 00:08:20,960 --> 00:08:23,760 Speaker 1: fight with President Trump? Than fight with oh I don't know, 164 00:08:23,880 --> 00:08:29,200 Speaker 1: Congresswoman Alexandria Accassio Cortez. Yeah. Um, I think that's probably 165 00:08:29,440 --> 00:08:31,800 Speaker 1: exactly why one of the things she wants to fight against. 166 00:08:31,800 --> 00:08:35,000 Speaker 1: I think that fighting amongst the House Democratic Caucus is 167 00:08:35,000 --> 00:08:36,760 Speaker 1: not good for anybody. I mean, this is not it's 168 00:08:36,760 --> 00:08:39,360 Speaker 1: not gonna be an easy election next year for for anybody. 169 00:08:39,360 --> 00:08:40,880 Speaker 1: This is gonna be a hard, funt fight on both 170 00:08:40,960 --> 00:08:44,000 Speaker 1: sides and fighting amongst each other. You know, we're saying 171 00:08:44,080 --> 00:08:47,120 Speaker 1: enough of that in the Rights. Seeing that in Congress 172 00:08:47,320 --> 00:08:49,480 Speaker 1: is not something I think a lot of Democrats want 173 00:08:49,480 --> 00:08:51,520 Speaker 1: to see. I think Democrats also want to deal with 174 00:08:51,559 --> 00:08:53,640 Speaker 1: their agenda. They've got a lot of things to talk about. 175 00:08:53,880 --> 00:08:55,640 Speaker 1: I mean, whenever we talk to voters every single week, 176 00:08:55,679 --> 00:08:58,600 Speaker 1: the number one issue they want to hear about his healthcare. Um, 177 00:08:59,080 --> 00:09:00,600 Speaker 1: you know, check my notes here. But I don't think 178 00:09:00,600 --> 00:09:02,400 Speaker 1: we've talked a lot about healthcare in the last week 179 00:09:02,480 --> 00:09:04,360 Speaker 1: or two. Um, it's all a bit about Donald Trump 180 00:09:04,360 --> 00:09:06,400 Speaker 1: and some of these things he raises, and so I 181 00:09:06,400 --> 00:09:07,920 Speaker 1: think I think a lot of Democrats want to get 182 00:09:07,920 --> 00:09:09,560 Speaker 1: back to that. But you know, Donald Trump is not 183 00:09:09,559 --> 00:09:12,200 Speaker 1: making it easy for him. It's it's really, really fascinating. 184 00:09:12,200 --> 00:09:14,440 Speaker 1: Are coming up? Enough of the political drama. It's like 185 00:09:14,520 --> 00:09:17,400 Speaker 1: bad reality television, and I watched a lot of reality TV. 186 00:09:17,440 --> 00:09:20,480 Speaker 1: I'll be honest. Coming up, we talk policy. You can 187 00:09:20,559 --> 00:09:24,000 Speaker 1: download the Sound On podcast on Apple iTunes, at Bloomberg 188 00:09:24,040 --> 00:09:26,840 Speaker 1: dot com, or by downloading the Bloomberg Business app. You 189 00:09:26,840 --> 00:09:30,240 Speaker 1: can also find us on Radio dot com, I Heart Radio, 190 00:09:30,320 --> 00:09:33,439 Speaker 1: and Spotify. I'm Kevin Cerelli in my hometown of Philly today. 191 00:09:33,640 --> 00:09:35,920 Speaker 1: I gotta get a cheese steak. You're listening to Bloomberg. 192 00:09:37,480 --> 00:09:41,680 Speaker 1: You're listening to Sound On with Kevin Surreally on Bloomberg 193 00:09:42,520 --> 00:09:44,679 Speaker 1: one and one oh five point seven f M h 194 00:09:44,800 --> 00:09:49,440 Speaker 1: D two, Baltimore. I'm Kevin Cerelli, Chief Washington correspondent from 195 00:09:49,440 --> 00:09:53,640 Speaker 1: Bloomberg Television and Bloomberg Radio, and right now I'm getting 196 00:09:53,640 --> 00:09:56,280 Speaker 1: the head start on my three day weekend. I'm in Philadelphia, 197 00:09:56,480 --> 00:09:59,840 Speaker 1: where I grew up at ky W News Radio. They've 198 00:09:59,840 --> 00:10:03,760 Speaker 1: been so incredibly kind and allowed me to to work 199 00:10:03,800 --> 00:10:06,080 Speaker 1: out of their their studio today. And shout out to 200 00:10:06,120 --> 00:10:09,440 Speaker 1: my colleagues at Bloomberg for for the assist in making 201 00:10:09,480 --> 00:10:13,040 Speaker 1: that happen. But folks, it's all about trade. President Trump 202 00:10:13,120 --> 00:10:16,160 Speaker 1: is in route to Japan. He's gonna be meeting with 203 00:10:16,320 --> 00:10:20,640 Speaker 1: Shinzo Abe, Japanese Prime Minister Shinzo Abe. And that's why 204 00:10:20,679 --> 00:10:23,360 Speaker 1: I'm so thrilled that I got out of town, but 205 00:10:23,520 --> 00:10:26,640 Speaker 1: two of my colleagues in the industry did not. Mark 206 00:10:26,760 --> 00:10:31,120 Speaker 1: Ross is president and CEO of Terrical Global, a firm 207 00:10:31,200 --> 00:10:34,200 Speaker 1: inside of the belt Way which specializes and all of 208 00:10:34,240 --> 00:10:37,720 Speaker 1: the globalization talk in Washington. He's also a former executive 209 00:10:37,720 --> 00:10:40,760 Speaker 1: at the U S. China Business Administration. Thrilled to have 210 00:10:40,880 --> 00:10:43,760 Speaker 1: him on as a friend of the program and Eli 211 00:10:43,880 --> 00:10:47,520 Speaker 1: Yoakley making his debut his sound on debut. He is 212 00:10:47,559 --> 00:10:50,960 Speaker 1: a reporter from Warden consult which has some of the 213 00:10:50,960 --> 00:10:53,440 Speaker 1: best polling that you can you can imagine on this stuff. 214 00:10:53,440 --> 00:10:56,520 Speaker 1: All right, Mark, what are you looking for when President Trump? 215 00:10:56,679 --> 00:10:58,440 Speaker 1: There's gonna be a lot of pomp and circumstance, But 216 00:10:58,480 --> 00:11:01,280 Speaker 1: what's policy? Are you gonna be looking forward President Trump 217 00:11:01,320 --> 00:11:04,520 Speaker 1: and Abe? Yeah? The policy? Obviously, I think expect North 218 00:11:04,600 --> 00:11:06,959 Speaker 1: Korea to be on the agenda. Uh There's been a 219 00:11:07,000 --> 00:11:10,280 Speaker 1: lot of talk of advancing the US Japan trade deal. 220 00:11:10,600 --> 00:11:13,360 Speaker 1: I don't see anything coming to a conclusion during this visit, 221 00:11:13,400 --> 00:11:16,560 Speaker 1: but should only uh Abe and Trump need each other. 222 00:11:16,800 --> 00:11:19,160 Speaker 1: It's a very important part of the world. And also 223 00:11:20,120 --> 00:11:23,880 Speaker 1: President trouble meeting with the new Emperor of Japan, which 224 00:11:23,920 --> 00:11:26,440 Speaker 1: is very historic and a tidbit here. They'll also be 225 00:11:26,520 --> 00:11:29,679 Speaker 1: attending a sumo wrestling event. I can't wait for this 226 00:11:29,720 --> 00:11:33,679 Speaker 1: picture winner the Trump Cup. So Abe is going all out. 227 00:11:33,760 --> 00:11:37,840 Speaker 1: The Japanese are doing some great politics. I must say, 228 00:11:38,320 --> 00:11:41,040 Speaker 1: I think the Trump Cup alone is worth a visit. 229 00:11:41,160 --> 00:11:44,160 Speaker 1: It's like Secretary Ross and President Trump emmer that and 230 00:11:44,160 --> 00:11:46,600 Speaker 1: and that. Like what was it like in Saudi Arabia 231 00:11:46,600 --> 00:11:49,040 Speaker 1: when they put their hands there? It is the orb 232 00:11:49,280 --> 00:11:52,680 Speaker 1: the orb. I mean maybe the sumo wrestling match with 233 00:11:52,760 --> 00:11:56,520 Speaker 1: the President and Prime Minister Abe. You know if photos, 234 00:11:56,960 --> 00:12:00,480 Speaker 1: what do they say photo A picture tells a thousand words. Well, 235 00:12:00,679 --> 00:12:03,839 Speaker 1: go ahead, the Trump cut maybe my new uh screensaver? 236 00:12:04,240 --> 00:12:06,040 Speaker 1: Well do you know how they got him to go over? There? 237 00:12:06,640 --> 00:12:11,720 Speaker 1: Was that? Prime Minister Abbe reportedly said to President Trump, 238 00:12:11,760 --> 00:12:14,439 Speaker 1: look this, this Emperor celebration is bigger than the than 239 00:12:14,480 --> 00:12:17,040 Speaker 1: the Super Bowl. So, I mean they got it worked 240 00:12:17,200 --> 00:12:19,640 Speaker 1: Air Force one during route. Now we should just miss 241 00:12:19,720 --> 00:12:21,719 Speaker 1: the Emperor. This is a really big deal. I mean 242 00:12:21,760 --> 00:12:24,000 Speaker 1: Trump will be the first foreign leader to meet the 243 00:12:24,000 --> 00:12:27,439 Speaker 1: new emperor um So symbolically this is very important. Um 244 00:12:27,600 --> 00:12:30,040 Speaker 1: and Abbe is you know, like literally rolling out the 245 00:12:30,080 --> 00:12:33,800 Speaker 1: red carpet and going the full way, and and talk 246 00:12:33,840 --> 00:12:37,760 Speaker 1: about auto tariffs and how the Japanese, just like the Europeans, 247 00:12:37,800 --> 00:12:44,720 Speaker 1: are incredibly incredibly weary and nervous, anxious anxiety over whether 248 00:12:44,840 --> 00:12:49,160 Speaker 1: or not they're going to get hit with tariffs. Now, 249 00:12:49,160 --> 00:12:52,600 Speaker 1: there are a few industries outside a few manufacturing industries 250 00:12:52,600 --> 00:12:55,640 Speaker 1: that rely more on global supply chain than the automotive industry. 251 00:12:56,200 --> 00:12:59,840 Speaker 1: In addition to you know, parts and components being shipped 252 00:12:59,840 --> 00:13:02,120 Speaker 1: all over the world's as sumble cars, you also have 253 00:13:02,200 --> 00:13:05,960 Speaker 1: huge investments by Toyota and Honda in the US. Honda 254 00:13:06,000 --> 00:13:09,040 Speaker 1: alone employees, you know, ten thousand people in the battleground 255 00:13:09,080 --> 00:13:11,680 Speaker 1: state of Ohio. Those all want to be reinforced. And 256 00:13:11,720 --> 00:13:14,080 Speaker 1: I think you will be a subtle reminder to the 257 00:13:14,120 --> 00:13:17,040 Speaker 1: President and his team that Japan is committed to the 258 00:13:17,120 --> 00:13:20,240 Speaker 1: United States and made some direct, serious direct investments. And 259 00:13:20,960 --> 00:13:24,000 Speaker 1: obviously where Japan is on the map, being close to 260 00:13:24,040 --> 00:13:26,680 Speaker 1: North Korea and China, it's an important ally. So I 261 00:13:26,720 --> 00:13:31,040 Speaker 1: think between the trade as well as the global political issues, 262 00:13:31,240 --> 00:13:33,360 Speaker 1: those will be front center during this visit, and it 263 00:13:33,440 --> 00:13:37,199 Speaker 1: was just last week. We're President Trump issued an EO 264 00:13:37,440 --> 00:13:41,520 Speaker 1: an EO, an executive order, the EO that called imports 265 00:13:41,640 --> 00:13:44,920 Speaker 1: of foreign cars and auto parts a threat to US 266 00:13:45,040 --> 00:13:48,240 Speaker 1: national security, but allowed a hundred and eighty days for 267 00:13:48,280 --> 00:13:53,239 Speaker 1: negotiations with foreign governments, including Japan and the EO. So so, 268 00:13:53,240 --> 00:13:54,880 Speaker 1: so walk this through. If you're in your car and 269 00:13:54,880 --> 00:13:56,920 Speaker 1: you're about to head at home on the three day weekend, 270 00:13:56,920 --> 00:13:59,720 Speaker 1: A lot can happen on trade with President Trump meeting 271 00:13:59,800 --> 00:14:03,280 Speaker 1: with over the weekend. But what does that reprieve period 272 00:14:03,320 --> 00:14:05,960 Speaker 1: of a hundred and eighty days mean for folks bottom 273 00:14:05,960 --> 00:14:07,800 Speaker 1: line as they head into the short and work week 274 00:14:07,880 --> 00:14:10,800 Speaker 1: next week. Well, frankly, it's more symbolic. You know, if 275 00:14:10,840 --> 00:14:13,600 Speaker 1: this is a serious piece of policy, you would obviously 276 00:14:13,640 --> 00:14:16,320 Speaker 1: go through the US Congress. But you know, this issue 277 00:14:16,720 --> 00:14:21,040 Speaker 1: of importing cars is a bit of a aniquated notion. 278 00:14:21,080 --> 00:14:23,760 Speaker 1: I mean, it's definitely good on the campaign trail. Most Americans, 279 00:14:23,800 --> 00:14:26,240 Speaker 1: I don't think fully appreciate the number of cars that 280 00:14:26,280 --> 00:14:29,840 Speaker 1: are actually being produced by Toyota and Honda in the 281 00:14:29,920 --> 00:14:32,480 Speaker 1: United States. I mean, Toyota, to their credit, was quickly 282 00:14:32,840 --> 00:14:35,760 Speaker 1: they responded quickly and reminded the president of their plants 283 00:14:35,800 --> 00:14:38,720 Speaker 1: that they have scattered throughout the United States. Um, but 284 00:14:38,840 --> 00:14:41,480 Speaker 1: it's an interesting issue. There's still like this nineteen eighties, 285 00:14:41,880 --> 00:14:44,280 Speaker 1: you know, kind of mentality the way Trump sees the world, 286 00:14:44,320 --> 00:14:46,400 Speaker 1: and a lot of this, frankly, came up when Japan 287 00:14:46,520 --> 00:14:48,520 Speaker 1: was threatened to take over the world in the eighties. 288 00:14:48,560 --> 00:14:51,360 Speaker 1: And Trump still has that mindset, which plays well in 289 00:14:51,400 --> 00:14:54,880 Speaker 1: the campaign trail, but economically it's a bit of a disaster. Eli, 290 00:14:55,000 --> 00:14:58,200 Speaker 1: What what did the pollings say? Eli Yoakley, a reporter 291 00:14:58,280 --> 00:15:01,000 Speaker 1: for Morning Consult. When you look at the polls and 292 00:15:01,040 --> 00:15:05,000 Speaker 1: how battleground states Ohio, Wisconsin, Michigan, Pennsylvania where I am 293 00:15:05,120 --> 00:15:08,160 Speaker 1: right now, how or how is the trade issue playing 294 00:15:08,240 --> 00:15:10,160 Speaker 1: or impacting voters or is it a bit too early 295 00:15:10,200 --> 00:15:12,240 Speaker 1: to tell? I mean, we'll see what happens with all 296 00:15:12,240 --> 00:15:14,080 Speaker 1: these jobs. I mean, if a plant closes the month 297 00:15:14,120 --> 00:15:16,600 Speaker 1: before the election, that's a big problem. Right, We've been 298 00:15:16,640 --> 00:15:18,600 Speaker 1: a long time until now, and then what it looks 299 00:15:18,640 --> 00:15:20,880 Speaker 1: like right now or Clara Williams covers Finance Force and 300 00:15:20,920 --> 00:15:23,400 Speaker 1: Warning Consul, did a big dive into trade this week 301 00:15:23,480 --> 00:15:26,200 Speaker 1: and she found that about over half of voters have 302 00:15:26,280 --> 00:15:30,920 Speaker 1: no confidence in Trump's trade tactics. Um, that's a challenge 303 00:15:30,960 --> 00:15:33,960 Speaker 1: for him looking across the country as he embarks with 304 00:15:34,040 --> 00:15:36,000 Speaker 1: me trades one of those issues he's been pretty consistent 305 00:15:36,240 --> 00:15:38,480 Speaker 1: throughout his life. And if voters are not trusting him 306 00:15:38,480 --> 00:15:40,480 Speaker 1: on that one of his key issues, that's gonna be 307 00:15:40,480 --> 00:15:42,720 Speaker 1: a problem for him. Um. You know, he's got the 308 00:15:42,720 --> 00:15:45,040 Speaker 1: Republican Party folly on board though more than eight and 309 00:15:45,160 --> 00:15:47,880 Speaker 1: in Republicans say they've got a lot of confidence in 310 00:15:47,920 --> 00:15:50,160 Speaker 1: what he's doing. Um. You know, voters are really worried 311 00:15:50,160 --> 00:15:54,080 Speaker 1: about whether or not trade, these tariffs will hurt the economy. 312 00:15:54,120 --> 00:15:57,040 Speaker 1: You know, just over a third voters say what he's 313 00:15:57,040 --> 00:15:59,040 Speaker 1: doing is going to help. Um. You know, I was 314 00:15:59,080 --> 00:16:02,120 Speaker 1: looking at some of the the ac six thinking about, um, 315 00:16:02,120 --> 00:16:05,360 Speaker 1: thinking about what what he's what's having on swerving prices 316 00:16:05,360 --> 00:16:07,680 Speaker 1: for example. Um, you know he's he's up just a 317 00:16:07,720 --> 00:16:10,040 Speaker 1: little bit in places like handsas Missoa where I'm from, 318 00:16:10,040 --> 00:16:12,320 Speaker 1: but you know, and say it's like Iowa, he's down 319 00:16:12,360 --> 00:16:15,440 Speaker 1: about ten points. So. UM, we've seen across the map, 320 00:16:16,520 --> 00:16:19,120 Speaker 1: regardless of what happens, Trump's approval has been pretty steady 321 00:16:19,160 --> 00:16:22,640 Speaker 1: throughout his presidency. UM. But you know, as it's trended slowly, 322 00:16:22,640 --> 00:16:25,280 Speaker 1: but surely it's gone downward. You know, I was struck 323 00:16:25,320 --> 00:16:28,160 Speaker 1: by the poll that you just referenced, because it's truly remarkable, 324 00:16:28,200 --> 00:16:31,520 Speaker 1: and Morning Consult does this beautifully and how they word 325 00:16:31,600 --> 00:16:35,880 Speaker 1: their polls and whatnot is it's the trust of President 326 00:16:35,920 --> 00:16:40,320 Speaker 1: Trump's handling of trade. But what's gonna be interesting mark 327 00:16:40,400 --> 00:16:43,920 Speaker 1: to see is whether or not the narrative that the 328 00:16:43,960 --> 00:16:48,120 Speaker 1: White House is pushing differs from going after China but 329 00:16:48,320 --> 00:16:53,000 Speaker 1: says how the trade tariff will impact them. And you 330 00:16:53,080 --> 00:16:56,840 Speaker 1: saw this when Secretary Monution testified before the House Financial 331 00:16:56,880 --> 00:17:00,480 Speaker 1: Services Committee earlier this week, in which he's said, well, hey, 332 00:17:00,480 --> 00:17:02,880 Speaker 1: wait a minute, all that money coming back from the 333 00:17:02,880 --> 00:17:04,760 Speaker 1: tariffs that nobody wants, we're gonna try to give that 334 00:17:04,840 --> 00:17:07,640 Speaker 1: to farmers. But then they've got to go and give 335 00:17:07,840 --> 00:17:12,080 Speaker 1: sixteen billion dollars to farmers in an additional package that 336 00:17:12,119 --> 00:17:14,160 Speaker 1: we saw. So, I mean, it's just the back and forth. 337 00:17:14,160 --> 00:17:16,399 Speaker 1: The data. I don't think either side right now is 338 00:17:16,440 --> 00:17:23,440 Speaker 1: clearly articulating. Just the the the multitude or the magnitude 339 00:17:23,480 --> 00:17:28,240 Speaker 1: is a better word for the trade dispute war, trade war, 340 00:17:28,280 --> 00:17:30,400 Speaker 1: call it which you want coming up, We're gonna call 341 00:17:30,440 --> 00:17:33,639 Speaker 1: it more policy talk, specially with how the president is 342 00:17:33,680 --> 00:17:37,199 Speaker 1: shifting his strategy. Is he on Iran? The panel stays 343 00:17:37,320 --> 00:17:40,560 Speaker 1: Mark Ross of Terrill Global and Eli Yokeley of Morning 344 00:17:40,600 --> 00:17:43,159 Speaker 1: Console first time on the program. You can download the 345 00:17:43,200 --> 00:17:46,040 Speaker 1: sound on podcast on Apple iTunes, at Bloomberg dot com, 346 00:17:46,200 --> 00:17:49,000 Speaker 1: or by downloading the Bloomberg Business App. You can also 347 00:17:49,040 --> 00:17:52,520 Speaker 1: find us on Radio dot Com, I Heart Radio, and Spotify. 348 00:17:52,560 --> 00:17:55,280 Speaker 1: I'm Kevin CURRELLI and I'm grateful to be back in 349 00:17:55,359 --> 00:17:59,359 Speaker 1: my hometown tonight of Philadelphia, live from KYW News Radio. 350 00:17:59,600 --> 00:18:05,120 Speaker 1: Your list sing to Bloomberg. He is sound on with 351 00:18:05,200 --> 00:18:09,720 Speaker 1: Kevin's really on Bloomberg and one oh five point seven 352 00:18:09,800 --> 00:18:14,439 Speaker 1: f M h D two Baltimore. I want to do 353 00:18:14,520 --> 00:18:18,880 Speaker 1: what's good for the country. I think Nancy Pelosi it's 354 00:18:18,920 --> 00:18:22,399 Speaker 1: not helping this country. I think the Democrats are obstructionist. 355 00:18:22,720 --> 00:18:26,440 Speaker 1: They're hurting our country very, very badly. That was President 356 00:18:26,440 --> 00:18:29,560 Speaker 1: Trump speaking earlier today from the White House before taking 357 00:18:29,600 --> 00:18:32,840 Speaker 1: off for Japan. He's gonna be he's in wropped there now. 358 00:18:32,840 --> 00:18:34,919 Speaker 1: He's going to be there for the Memorial Day weekend 359 00:18:34,960 --> 00:18:38,320 Speaker 1: where he's a meeting with Japanese Prime Minister Shinzo Abe. 360 00:18:38,320 --> 00:18:40,560 Speaker 1: They're talking trade. They're talking tariffs and they're going to 361 00:18:40,640 --> 00:18:44,400 Speaker 1: see a sumo wrestling match. I'm Kevin Cirelli, Chief Washington 362 00:18:44,400 --> 00:18:48,200 Speaker 1: correspondent from Bloomberg Television and Bloomberg Radio. Sorry about the glitch. 363 00:18:48,240 --> 00:18:50,920 Speaker 1: I'm in Philadelphia getting the head start on my three 364 00:18:50,960 --> 00:18:54,119 Speaker 1: day weekend, and I feel bad because two all stars 365 00:18:54,119 --> 00:18:56,480 Speaker 1: are down in the Washington Bureau to help us navigate 366 00:18:56,520 --> 00:18:59,679 Speaker 1: the politics and policy. Eli Yoakley his first time on 367 00:19:00,000 --> 00:19:02,120 Speaker 1: Wild to finally get him on. He's a reporter from 368 00:19:02,119 --> 00:19:05,360 Speaker 1: Morning Consult. Eli, where can folks find your reporting? Where 369 00:19:05,440 --> 00:19:07,040 Speaker 1: some morning console dot com? Or you can find me 370 00:19:07,040 --> 00:19:10,400 Speaker 1: on Twitter too much? What's the you and the President? 371 00:19:10,640 --> 00:19:14,520 Speaker 1: And Mark Ross, president and CEO of Terriical Global, a 372 00:19:14,640 --> 00:19:21,160 Speaker 1: firm which specializes in globalization policy. Now, Eli, did you see? 373 00:19:21,359 --> 00:19:22,680 Speaker 1: And I know you're always up on the hill. I 374 00:19:22,680 --> 00:19:25,800 Speaker 1: always bump Intee up there about what's been going on 375 00:19:25,920 --> 00:19:29,639 Speaker 1: with Iran and Democrats and Republicans to some extent really 376 00:19:29,720 --> 00:19:36,280 Speaker 1: pressing President Trump to get more UH information to lawmakers 377 00:19:36,720 --> 00:19:40,560 Speaker 1: on the situation in Iran. What are you hearing from 378 00:19:40,640 --> 00:19:43,879 Speaker 1: your reporting up on Capitol Hill about Iran? Well, we 379 00:19:43,920 --> 00:19:47,720 Speaker 1: heard today that the administrations troops to the Middle East 380 00:19:47,760 --> 00:19:49,840 Speaker 1: is a lot less than the Pentagon was talking about 381 00:19:49,840 --> 00:19:51,480 Speaker 1: for a while. I think he made a lot of 382 00:19:51,480 --> 00:19:53,440 Speaker 1: folks on the Hill nervous. I mean, I don't think 383 00:19:53,440 --> 00:19:55,159 Speaker 1: a lot of people know where Trump's coming from on 384 00:19:55,160 --> 00:19:58,159 Speaker 1: some of these things. And we saw UH they put 385 00:19:58,200 --> 00:20:03,359 Speaker 1: the worship out near Iran, and they've been dealing with UH. 386 00:20:03,440 --> 00:20:05,560 Speaker 1: They've been ramping up about the talk about Iran. You 387 00:20:05,600 --> 00:20:08,199 Speaker 1: know what's interesting, we pull on everything, man, and we 388 00:20:08,280 --> 00:20:11,400 Speaker 1: had some new stuff about Iran this week. And it's 389 00:20:11,480 --> 00:20:14,960 Speaker 1: up there with um, with North Korea in terms of 390 00:20:15,000 --> 00:20:17,320 Speaker 1: how many Americans view the country as an enemy. I mean, 391 00:20:17,320 --> 00:20:19,840 Speaker 1: this is something that's really I think spooked a lot 392 00:20:19,880 --> 00:20:23,080 Speaker 1: of Americans on this and UM, I think Trump, I 393 00:20:23,080 --> 00:20:25,640 Speaker 1: think it's Trump administration knows that. UM. But he's also 394 00:20:25,680 --> 00:20:27,639 Speaker 1: spooked folks on Capitol Hill. I mean they want to 395 00:20:27,680 --> 00:20:29,639 Speaker 1: see uh, they want to see some intelligence, they want 396 00:20:29,640 --> 00:20:31,800 Speaker 1: to see some details, and they hadn't gotten that until 397 00:20:31,840 --> 00:20:35,960 Speaker 1: recently this week. Well, they're spooked about Iran, but they're 398 00:20:36,160 --> 00:20:39,240 Speaker 1: they're they're war weary. Americans are war weary, correct, And 399 00:20:39,240 --> 00:20:41,399 Speaker 1: so it's Trump, right, I mean that's one of his 400 00:20:41,640 --> 00:20:44,200 Speaker 1: that and try to think kind of his consistent things. Um, 401 00:20:44,359 --> 00:20:46,320 Speaker 1: he he is not a one who likes to get 402 00:20:46,359 --> 00:20:48,639 Speaker 1: into some of these conflicts. When he ran on on 403 00:20:48,680 --> 00:20:50,560 Speaker 1: getting out of the Middle East, so I think, you know, 404 00:20:50,560 --> 00:20:52,720 Speaker 1: it was a mission of there being some new challenges 405 00:20:52,720 --> 00:20:54,560 Speaker 1: in the Middle East by him deploying more troops there. 406 00:20:54,560 --> 00:20:57,000 Speaker 1: But I mean, they're talking yesterday of the Pentagon wanting 407 00:20:57,040 --> 00:20:59,879 Speaker 1: to presenting a plan about twenty thousand troops, and so 408 00:21:00,320 --> 00:21:02,120 Speaker 1: the fact that he cut it back, Um, I think 409 00:21:02,320 --> 00:21:04,800 Speaker 1: shows a lot about his own influence as foreign policy. 410 00:21:04,840 --> 00:21:08,320 Speaker 1: And I'm struck by this sticking with foreign policy but 411 00:21:08,440 --> 00:21:12,520 Speaker 1: switching countries with with Saudi Arabia. The headline crossing the 412 00:21:12,520 --> 00:21:16,119 Speaker 1: Bloomberg Terminal just within the last ten minutes by my 413 00:21:16,240 --> 00:21:19,960 Speaker 1: colleagues Daniel Flatley and Nick Wadham's uh. They say that 414 00:21:19,960 --> 00:21:23,119 Speaker 1: the Trump administration is bypassing Congress to approve the sale 415 00:21:23,119 --> 00:21:26,119 Speaker 1: of more than two billion dollars worth in weapons to 416 00:21:26,160 --> 00:21:30,399 Speaker 1: Saudi Arabia, citing a rarely used provision in the Arms 417 00:21:30,480 --> 00:21:38,280 Speaker 1: Export Control Act. This despite bipartisan objections from lawmakers Senator 418 00:21:38,359 --> 00:21:43,040 Speaker 1: Menendez uh, Democrat from New Jersey, as well as even 419 00:21:43,080 --> 00:21:47,960 Speaker 1: some Republicans. Some Republicans are are are saying that they're 420 00:21:47,960 --> 00:21:52,439 Speaker 1: that they're a bit concerned over this. Even allies like 421 00:21:52,480 --> 00:21:57,520 Speaker 1: South Carolina Senator Lindsay Graham are saying eli that that 422 00:21:57,560 --> 00:21:59,560 Speaker 1: they don't like this. And I was struck by Senator 423 00:21:59,600 --> 00:22:02,399 Speaker 1: Graham buddies with President Trump, they go golf in a 424 00:22:02,400 --> 00:22:06,679 Speaker 1: lot that he has concerns not just over now the 425 00:22:06,720 --> 00:22:11,040 Speaker 1: President's overturning this mechanism for the Saudis, but also with 426 00:22:11,080 --> 00:22:13,040 Speaker 1: how the President is handling iron. What do you make 427 00:22:13,080 --> 00:22:15,800 Speaker 1: of Senator Graham? I mean, I think that you know, 428 00:22:15,800 --> 00:22:17,600 Speaker 1: Senator Graham has been pretty outspoken about a lot of 429 00:22:17,600 --> 00:22:19,480 Speaker 1: these things for a long time. Um, you know, the 430 00:22:19,480 --> 00:22:21,240 Speaker 1: Trump administration is gonna have to answer for this on 431 00:22:21,320 --> 00:22:23,520 Speaker 1: Capitol Hill. Um, they're gonna be gone for a little bit, 432 00:22:23,520 --> 00:22:24,920 Speaker 1: but when they come back, I think this is something 433 00:22:25,000 --> 00:22:26,520 Speaker 1: that's gonna be on a lot of folks minds. You know, 434 00:22:26,520 --> 00:22:29,080 Speaker 1: Congress has already said that they were not on board 435 00:22:29,080 --> 00:22:31,280 Speaker 1: with thee this this weapons deal, to eight billion dollar 436 00:22:31,320 --> 00:22:34,280 Speaker 1: deal to the Saudi Arabia and other countries. And and 437 00:22:34,359 --> 00:22:35,720 Speaker 1: I can imagine a lot of even some of the 438 00:22:35,720 --> 00:22:37,560 Speaker 1: hawkish folks are going to come back to Washington and 439 00:22:37,600 --> 00:22:40,040 Speaker 1: have a lot of questions. You know, the Trump administration 440 00:22:40,080 --> 00:22:42,480 Speaker 1: did not react in ways that Congress wanted it to 441 00:22:42,480 --> 00:22:45,840 Speaker 1: to the death of journalist Jamaica Shogi, And I think 442 00:22:45,840 --> 00:22:48,440 Speaker 1: that's weighing over a lot of folks as they talk about, 443 00:22:48,680 --> 00:22:50,600 Speaker 1: you know, how the Trump administration is dealing with the 444 00:22:50,600 --> 00:22:53,960 Speaker 1: Saudis mark in terms of how of how the Saudis 445 00:22:54,000 --> 00:22:57,679 Speaker 1: are responding. Can they are they are they trying to 446 00:22:57,760 --> 00:23:01,520 Speaker 1: turn this this this souring around of tensions with the 447 00:23:01,600 --> 00:23:05,000 Speaker 1: United States, or are they looking elsewhere? Are they looking 448 00:23:05,080 --> 00:23:09,320 Speaker 1: to other allies? Well, I think it's interesting. I think 449 00:23:09,320 --> 00:23:12,000 Speaker 1: Saudi Arabia, you know, if you look at speaking of 450 00:23:12,400 --> 00:23:14,160 Speaker 1: presidential travel, I mean that was one of the first 451 00:23:14,160 --> 00:23:19,520 Speaker 1: places that president it was there, you go, it was 452 00:23:19,560 --> 00:23:22,159 Speaker 1: the first visit um. I think this has just been 453 00:23:22,200 --> 00:23:25,080 Speaker 1: a priority. I think Israel. I also think if you 454 00:23:25,080 --> 00:23:28,160 Speaker 1: look at other parts of the world, of Venezuela has 455 00:23:28,160 --> 00:23:30,239 Speaker 1: been a has not gone anywhere. I mean that was 456 00:23:30,680 --> 00:23:33,080 Speaker 1: there was a deal that there would be uh, you know, 457 00:23:33,119 --> 00:23:34,959 Speaker 1: a regime change there that doesn't known anywhere. In North 458 00:23:35,040 --> 00:23:37,240 Speaker 1: Korea seems we had to stand still. China seems to 459 00:23:37,240 --> 00:23:40,680 Speaker 1: be that stand still. I think going into uh foreign 460 00:23:40,680 --> 00:23:43,640 Speaker 1: policy does seem to be the Trump administration's weak point. 461 00:23:44,160 --> 00:23:47,879 Speaker 1: And you know, legitimately it's a very you know, problematic 462 00:23:48,000 --> 00:23:50,240 Speaker 1: part of the world. There's been a lot of strife there. 463 00:23:50,359 --> 00:23:53,040 Speaker 1: You know, we've had a lot of conflict, um. But 464 00:23:53,119 --> 00:23:56,560 Speaker 1: the lack of transparency, the kind of finding these uh 465 00:23:56,720 --> 00:24:00,440 Speaker 1: sneaky ways to sell you know, weapons, He's not gonna 466 00:24:00,440 --> 00:24:02,560 Speaker 1: play well. But what do Eli said? I think Trump, 467 00:24:03,040 --> 00:24:05,679 Speaker 1: you know, he does what he says usually, you know, 468 00:24:05,760 --> 00:24:07,520 Speaker 1: he he does mean and he's been from the get 469 00:24:07,520 --> 00:24:11,159 Speaker 1: go not an advocate of looking for more wars, especially 470 00:24:11,160 --> 00:24:13,080 Speaker 1: in the Middle East. Okay, but I do wonder how 471 00:24:13,160 --> 00:24:15,800 Speaker 1: much the American people care about some of these the 472 00:24:15,800 --> 00:24:17,960 Speaker 1: foreign policy issues that he's raising. I mean, this has 473 00:24:18,000 --> 00:24:21,600 Speaker 1: not been in the past a big mover that we've 474 00:24:21,640 --> 00:24:24,160 Speaker 1: seen throughout the tram administration in terms of how voters 475 00:24:24,240 --> 00:24:26,560 Speaker 1: feel about him. I mean, they focused a lot more 476 00:24:26,560 --> 00:24:30,280 Speaker 1: on the domestic policy um in the economy, you know, 477 00:24:30,480 --> 00:24:32,760 Speaker 1: and Mark and I think Eli makes a fascinating point 478 00:24:32,760 --> 00:24:35,920 Speaker 1: because so often what's moving the markets are not what's 479 00:24:35,960 --> 00:24:39,280 Speaker 1: moving the polls, right, especially on an issue like Saudi, 480 00:24:39,600 --> 00:24:42,800 Speaker 1: especially on an issue like Venezuela, especially on what's going 481 00:24:42,840 --> 00:24:45,439 Speaker 1: on with the Iron no, no, I agree. I you know, 482 00:24:45,480 --> 00:24:47,840 Speaker 1: I consume obviously, you know, twenty two hours a day 483 00:24:47,840 --> 00:24:52,960 Speaker 1: of Bloomberg television of course, the other two hours radio, 484 00:24:53,160 --> 00:24:55,800 Speaker 1: and there's just you know, there's a lot of folks 485 00:24:55,800 --> 00:24:58,520 Speaker 1: that come on that don't seem that can, you know, conflicted. 486 00:24:58,560 --> 00:25:00,840 Speaker 1: They look at other numbers, they feel good about the economy. 487 00:25:01,520 --> 00:25:03,240 Speaker 1: Where I, you know, I don't know. Maybe I'm looking 488 00:25:03,280 --> 00:25:05,679 Speaker 1: at different data and different information, but I see a 489 00:25:05,680 --> 00:25:09,120 Speaker 1: lot of problems around the world or potential flare ups. 490 00:25:09,240 --> 00:25:12,320 Speaker 1: And I also think going into like I said, I 491 00:25:12,320 --> 00:25:15,640 Speaker 1: think the foreign policy aspect of the Trump administration could 492 00:25:15,680 --> 00:25:19,080 Speaker 1: be his weak point. Um. Clearly, domestically you can see 493 00:25:19,119 --> 00:25:21,840 Speaker 1: the two parties that a stand still. But um, the 494 00:25:21,880 --> 00:25:25,119 Speaker 1: fact is he's not well liked around the world. The 495 00:25:25,160 --> 00:25:28,720 Speaker 1: fact is he's created problems with a lot of our allies. 496 00:25:28,920 --> 00:25:30,800 Speaker 1: And the fact is he you know, could be stumbling 497 00:25:30,840 --> 00:25:34,240 Speaker 1: into more conflict in the Middle East. It could be problematic, 498 00:25:34,720 --> 00:25:37,400 Speaker 1: all right, coming up much more on the policy political 499 00:25:37,440 --> 00:25:40,439 Speaker 1: implications of all of these policies that are going on. 500 00:25:40,520 --> 00:25:42,960 Speaker 1: Eli Yoakley stays he's a reporter for The Morning Consult 501 00:25:43,000 --> 00:25:46,320 Speaker 1: Mark Ross sticks around. He's founder and CEO of Chical Global, 502 00:25:46,359 --> 00:25:50,080 Speaker 1: and I'm Kevin Cerelli, chief Washington correspondent for Boomberg Television 503 00:25:50,160 --> 00:25:53,400 Speaker 1: and Bloomberg Radio, coming at you today from my hometown 504 00:25:53,440 --> 00:25:56,800 Speaker 1: of Philadelphia and start on that three day weekend. You 505 00:25:56,800 --> 00:25:59,359 Speaker 1: can download the sound on podcast on Apple it Tunes, 506 00:25:59,600 --> 00:26:03,080 Speaker 1: Bloomberg dot Com, or by downloading the Bloomberg Business App. 507 00:26:03,400 --> 00:26:05,440 Speaker 1: You can also find me as well as my colleagues 508 00:26:05,480 --> 00:26:09,040 Speaker 1: on Radio dot com, I Heart Radio, and Spotify. You're 509 00:26:09,080 --> 00:26:14,720 Speaker 1: listening to Bloomberg. This is Sound On with Kevin's really 510 00:26:15,119 --> 00:26:22,280 Speaker 1: on Bloomberg and f m h D two Baltimore. I'm 511 00:26:22,359 --> 00:26:28,080 Speaker 1: Kevin Cyrilli, Chief Washington correspondent for Bloomberg Television and Bloomberg Radio. 512 00:26:28,200 --> 00:26:31,280 Speaker 1: And we made it to Friday. We made it to Friday. 513 00:26:31,320 --> 00:26:32,960 Speaker 1: I thought it would never come. I thought the three 514 00:26:33,040 --> 00:26:35,320 Speaker 1: day weekend is never going to get here. But just 515 00:26:35,520 --> 00:26:38,760 Speaker 1: like everything, it always arrives. I hope everybody's gonna have 516 00:26:38,760 --> 00:26:40,880 Speaker 1: a good weekend. I'm already getting a head start on mine. 517 00:26:41,280 --> 00:26:44,199 Speaker 1: My beloved Bloomberg boss is allowing me to work from 518 00:26:44,280 --> 00:26:47,640 Speaker 1: home in Philadelphia, and the nice folks at KYW News 519 00:26:47,720 --> 00:26:51,040 Speaker 1: Radio and Philadelphia allowing me to share some of their 520 00:26:51,080 --> 00:26:55,520 Speaker 1: Studio Space. I am incredibly grateful and appreciative. I'm also 521 00:26:55,560 --> 00:26:59,320 Speaker 1: appreciative to have two all stars sticking around in Washington, 522 00:26:59,400 --> 00:27:03,480 Speaker 1: d C. On their Friday at five. Mark Ross, President 523 00:27:03,480 --> 00:27:06,920 Speaker 1: and CEO of Terical Global affirm inside of the Beltway 524 00:27:06,960 --> 00:27:11,399 Speaker 1: that specializes on all things geo politics, globalization, and trade. 525 00:27:11,600 --> 00:27:13,520 Speaker 1: Pretty good guy to have on the show when President 526 00:27:13,520 --> 00:27:17,080 Speaker 1: Trump's heading to Japan's and negotiate trade policy this weekend. 527 00:27:17,359 --> 00:27:19,879 Speaker 1: And Eli Yoakley, he knows the thing or two about polls. 528 00:27:19,960 --> 00:27:22,800 Speaker 1: He's a reporter for The Morning Consoled. He crunches the 529 00:27:22,920 --> 00:27:26,800 Speaker 1: numbers on how the policies are impacting the polls, which 530 00:27:26,840 --> 00:27:30,080 Speaker 1: of course impacts the politics. But I want to talk 531 00:27:31,200 --> 00:27:35,000 Speaker 1: because you know, look Philly, That's where I'm at, and 532 00:27:35,080 --> 00:27:39,720 Speaker 1: former Vice President Joe Biden has made his mark here 533 00:27:39,760 --> 00:27:43,800 Speaker 1: in Philadelphia. This is the headquarters of the Biden campaign. 534 00:27:44,400 --> 00:27:47,120 Speaker 1: He's got a win Pennsylvania. The Democrats have to win 535 00:27:47,160 --> 00:27:50,320 Speaker 1: back Pennsylvania, which flipped red for the first time since 536 00:27:50,359 --> 00:27:53,760 Speaker 1: eighty eight in order and propelled President Trump to the 537 00:27:53,760 --> 00:27:55,800 Speaker 1: White House. Republicans don't really gotta win p A. They 538 00:27:55,840 --> 00:27:58,359 Speaker 1: would like to, but really it's all about the Debs. 539 00:27:58,359 --> 00:28:00,560 Speaker 1: Trying to win back p A and that's where these 540 00:28:00,560 --> 00:28:04,760 Speaker 1: trade policies are are ground zero for Yeah, there's a 541 00:28:04,760 --> 00:28:07,199 Speaker 1: lot of ground zero with trade and with agg and 542 00:28:07,280 --> 00:28:09,720 Speaker 1: with with a manufacturing. You know, I thought you might 543 00:28:09,760 --> 00:28:13,119 Speaker 1: ask me about Pennsylvania when you were there, and I 544 00:28:13,160 --> 00:28:15,440 Speaker 1: looked something up for you, Kevin UM. Since Trump took 545 00:28:15,440 --> 00:28:18,080 Speaker 1: off us, he's dropped seventeen percentage points in his approval 546 00:28:18,119 --> 00:28:20,240 Speaker 1: in Pennsylvania, pretty big drop compared to a lot of 547 00:28:20,280 --> 00:28:22,560 Speaker 1: the other states. He has lost a lot of ground 548 00:28:22,800 --> 00:28:26,159 Speaker 1: with voters there. UM. It's pretty dramatic actually compared to 549 00:28:26,200 --> 00:28:28,159 Speaker 1: a lot of other states, because he's been pretty steady 550 00:28:28,160 --> 00:28:31,800 Speaker 1: throughout most of his presidency. UM, Joe Biden is definitely 551 00:28:31,840 --> 00:28:36,520 Speaker 1: somebody who plays well there. We've seen that, UM, and nationally, 552 00:28:36,560 --> 00:28:40,120 Speaker 1: I mean, Joe Biden's support has been very, very stable. 553 00:28:40,280 --> 00:28:42,760 Speaker 1: It's been across the board, with the exception of young 554 00:28:42,800 --> 00:28:46,520 Speaker 1: white people. UM, he does. He's winning this like twenty 555 00:28:46,760 --> 00:28:50,480 Speaker 1: three person field. I mean, we recently UM added even 556 00:28:50,680 --> 00:28:54,040 Speaker 1: candidates like Mary and Williams said it's not changing much. UM. 557 00:28:54,440 --> 00:28:57,680 Speaker 1: He has got a pretty solid place in the Democratic primary. 558 00:28:58,000 --> 00:28:59,680 Speaker 1: These debates are gonna be a big deal. It's gonna 559 00:28:59,680 --> 00:29:02,000 Speaker 1: be the moment it that other other candidates have the 560 00:29:02,000 --> 00:29:04,720 Speaker 1: opportunity to stand out, stick out. And we've been looked 561 00:29:04,720 --> 00:29:07,280 Speaker 1: tracking just who's heard of a lot of these candidates, 562 00:29:07,280 --> 00:29:09,800 Speaker 1: and that's been pretty pretty steady since Joe Biden got 563 00:29:09,800 --> 00:29:11,960 Speaker 1: into He's sucking a lot of the oxygen out of 564 00:29:11,960 --> 00:29:13,640 Speaker 1: the room. So this is a pretty big moment coming 565 00:29:13,720 --> 00:29:16,600 Speaker 1: up next month. I gotta get personal. How do you 566 00:29:16,640 --> 00:29:18,480 Speaker 1: do a poll? How do you do a poll with 567 00:29:18,600 --> 00:29:22,720 Speaker 1: twenty three Democratic presidential candidates? How do you trust the 568 00:29:22,760 --> 00:29:25,200 Speaker 1: polls when there's that many people running for president? I'll 569 00:29:25,240 --> 00:29:27,120 Speaker 1: tell you what was amazing Morning Council right now is 570 00:29:27,160 --> 00:29:30,040 Speaker 1: every week we're talking to over fifteen thousand Democrats online 571 00:29:30,040 --> 00:29:36,720 Speaker 1: across the country. And so fifteen thousand Democrats that's your saying, wow, Yeah, 572 00:29:36,760 --> 00:29:38,520 Speaker 1: I mean we do. We talk to the thousands of 573 00:29:38,560 --> 00:29:40,400 Speaker 1: people a day for a lot of different things. And 574 00:29:40,400 --> 00:29:41,920 Speaker 1: one of the big things I focused my time on 575 00:29:42,000 --> 00:29:45,160 Speaker 1: is our political polling. And so fifteen people a week 576 00:29:45,240 --> 00:29:47,080 Speaker 1: is a pretty good survey. You had that up over 577 00:29:47,400 --> 00:29:49,160 Speaker 1: a few months. We've got a pretty good number of 578 00:29:49,160 --> 00:29:52,440 Speaker 1: folks here. How do you identify those fifteen seriously? Because 579 00:29:52,480 --> 00:29:53,760 Speaker 1: I think if you're in your car and your a 580 00:29:53,760 --> 00:29:56,440 Speaker 1: way from work. You know, like a little bit about polls. 581 00:29:56,440 --> 00:29:58,880 Speaker 1: Maybe you get like there's annoying, with all due respect, 582 00:29:59,000 --> 00:30:01,640 Speaker 1: robo calls that plug yet and you're like, who is 583 00:30:01,680 --> 00:30:05,000 Speaker 1: calling me? But how do you find the fifteen thousand sample? 584 00:30:05,640 --> 00:30:07,440 Speaker 1: You know? The good news is that's not my job. 585 00:30:07,880 --> 00:30:09,840 Speaker 1: That's somebody else's job at Morning Consul, and they do 586 00:30:09,840 --> 00:30:12,200 Speaker 1: a really good, really good work with it. But what's 587 00:30:12,240 --> 00:30:14,680 Speaker 1: good about those big numbers, Kevin, is the fact that 588 00:30:14,760 --> 00:30:17,160 Speaker 1: we get pretty good subgroups of Just think, name a 589 00:30:17,200 --> 00:30:18,880 Speaker 1: demographic group and we've probably got it and if you 590 00:30:18,920 --> 00:30:21,360 Speaker 1: get ten seconds, I can pull it up for you. Um. 591 00:30:21,400 --> 00:30:22,959 Speaker 1: One thing that's really stood out to me over these 592 00:30:23,000 --> 00:30:25,360 Speaker 1: last few weeks is the fact of how well Joe 593 00:30:25,400 --> 00:30:27,160 Speaker 1: Biden is doing with Black women. I mean, this is 594 00:30:27,200 --> 00:30:28,920 Speaker 1: supposed to be the group that he's not doing well 595 00:30:28,920 --> 00:30:31,200 Speaker 1: with and he is crushing it. And it's the same thing. 596 00:30:31,760 --> 00:30:33,680 Speaker 1: And since he's gotten in the race, by the way 597 00:30:33,720 --> 00:30:37,600 Speaker 1: he's got up, young black people have split apart from 598 00:30:37,720 --> 00:30:41,280 Speaker 1: young white people in terms of going to Joe Biden. Um. 599 00:30:41,480 --> 00:30:45,000 Speaker 1: He he is building a very solid base, and there's 600 00:30:45,040 --> 00:30:46,720 Speaker 1: somebody has got to figure out how they can pull 601 00:30:46,720 --> 00:30:49,000 Speaker 1: away from that if they want to take the lead. Mark, 602 00:30:49,080 --> 00:30:50,840 Speaker 1: what's going to be the divide because they mean, you 603 00:30:50,880 --> 00:30:52,800 Speaker 1: know this, we always talk about this when you're on here, 604 00:30:52,840 --> 00:30:56,640 Speaker 1: but essentially, when when Senator Bernie Sanders is running to 605 00:30:56,680 --> 00:30:59,480 Speaker 1: the left on these issues, I'm not I'm not really 606 00:30:59,520 --> 00:31:02,840 Speaker 1: sure that I see much daylight between Senator Sanders and 607 00:31:03,240 --> 00:31:05,800 Speaker 1: President Trump. I mean, I know both camps would disagree 608 00:31:06,080 --> 00:31:08,680 Speaker 1: on the issue of of USMC are enough the two points, oh, 609 00:31:08,760 --> 00:31:11,200 Speaker 1: but the exception being the Standards campaign is saying, well, hey, 610 00:31:11,240 --> 00:31:14,560 Speaker 1: it's not progressive enough. Yeah. I think at the end 611 00:31:14,600 --> 00:31:17,000 Speaker 1: of the day, the Democrats, whoever they pick, you know, 612 00:31:17,200 --> 00:31:21,040 Speaker 1: the voters the Democratic primary, they want to number one, 613 00:31:21,040 --> 00:31:25,360 Speaker 1: defeat Trump through criteria, defeat Trump, sort out the domestic agenda, 614 00:31:25,480 --> 00:31:29,240 Speaker 1: get education, healthcare, infrastructure going. And I would say, once again, 615 00:31:29,480 --> 00:31:32,360 Speaker 1: maybe not popularly, but raise foreign policy and have a 616 00:31:32,360 --> 00:31:35,520 Speaker 1: better uh light of the world. Have America looked like 617 00:31:35,560 --> 00:31:37,080 Speaker 1: the shining city on the Hill? And I think if 618 00:31:37,080 --> 00:31:39,720 Speaker 1: you look at what Biden said, it is kickoff event. 619 00:31:40,000 --> 00:31:43,480 Speaker 1: And Biden a week ago very aspirational terms talking about 620 00:31:43,760 --> 00:31:47,400 Speaker 1: an agenda for the twenty one century, invoking Gettysburg That's 621 00:31:47,400 --> 00:31:50,760 Speaker 1: all kind of plays into Biden's kind of narrative where 622 00:31:50,760 --> 00:31:52,320 Speaker 1: I think the rest of the candidates are really gonna 623 00:31:52,360 --> 00:31:54,280 Speaker 1: like try to scrap it out on domestic issues, and 624 00:31:54,560 --> 00:31:57,360 Speaker 1: Biden will try to stay above the fray and be aspirational. 625 00:31:57,960 --> 00:32:02,760 Speaker 1: So how do you break through all of this crowded, 626 00:32:03,280 --> 00:32:07,320 Speaker 1: crowded field if you're Senator Elizabeth Warren, If you're Senator 627 00:32:07,360 --> 00:32:11,680 Speaker 1: Elizabeth Warren, ELI, and you've got a jockey in this 628 00:32:11,800 --> 00:32:14,400 Speaker 1: crowded field, what does she have to do? Because as 629 00:32:14,440 --> 00:32:17,280 Speaker 1: you mentioned, so much of the oxygen right now is 630 00:32:17,320 --> 00:32:19,840 Speaker 1: coming from Biden world. Yeah, I mean, I'll tell you 631 00:32:20,000 --> 00:32:22,720 Speaker 1: she is. I mean just in my like social networks, 632 00:32:22,720 --> 00:32:26,200 Speaker 1: so my friends were my age, mid twenties. Um, she's 633 00:32:26,200 --> 00:32:28,320 Speaker 1: starting to take off. I mean she's starting to She's 634 00:32:28,320 --> 00:32:30,080 Speaker 1: starting to get some attention by just sort of rank 635 00:32:30,120 --> 00:32:32,200 Speaker 1: and file Democrats who I've known for a long time, 636 00:32:32,320 --> 00:32:33,840 Speaker 1: which I think is kind of interesting and I haven't 637 00:32:33,880 --> 00:32:35,560 Speaker 1: seen any other candidate like that. That's just sort of 638 00:32:35,560 --> 00:32:38,680 Speaker 1: anecdotal um in terms of the pulling. Um, you know, 639 00:32:38,760 --> 00:32:42,040 Speaker 1: she she is ticking up a little bit these days. Um. 640 00:32:42,160 --> 00:32:44,040 Speaker 1: I think, and I think probably what I'm saying is 641 00:32:44,040 --> 00:32:46,800 Speaker 1: reflecting reflected in that a little bit. UM. I think 642 00:32:46,840 --> 00:32:50,840 Speaker 1: Democrats who you talk to very much respect how she's 643 00:32:50,920 --> 00:32:54,200 Speaker 1: leaning in heavily into the policy weeds. I mean that's 644 00:32:54,200 --> 00:32:56,360 Speaker 1: something that the number of candidates have been afraid to do. 645 00:32:56,400 --> 00:32:58,360 Speaker 1: I mean, you watch and not to pick on someone, 646 00:32:58,400 --> 00:33:00,920 Speaker 1: but you watched Kamala Harrison and if for him and 647 00:33:00,960 --> 00:33:04,160 Speaker 1: her answers, we need to think about that. UM. I 648 00:33:04,160 --> 00:33:06,160 Speaker 1: don't know how well that sticks with folks. UM. I 649 00:33:06,200 --> 00:33:08,000 Speaker 1: think this is probably part of the problem. One of 650 00:33:08,000 --> 00:33:10,120 Speaker 1: the challenges Joe Biden is going to have, UM as 651 00:33:10,120 --> 00:33:12,080 Speaker 1: he tries to sort of stay in the middle throughout 652 00:33:12,080 --> 00:33:16,560 Speaker 1: this primary, is that he can't take these controversial positions 653 00:33:16,560 --> 00:33:19,520 Speaker 1: They're gonna that might hurt him against Donald Trump on 654 00:33:19,600 --> 00:33:21,120 Speaker 1: the point of foreign policy. By the way, we're talking 655 00:33:21,160 --> 00:33:24,000 Speaker 1: about this, hoff Air, Um, you know, I think somebody 656 00:33:24,040 --> 00:33:28,200 Speaker 1: could uh litigate a foreign policy case against Donald Trump. 657 00:33:28,240 --> 00:33:29,800 Speaker 1: That would be something that would work in the eyes 658 00:33:29,840 --> 00:33:32,320 Speaker 1: of voters. UM. There's not a lot of folks other 659 00:33:32,360 --> 00:33:34,120 Speaker 1: than Joe Biden who can do it. I think I 660 00:33:34,360 --> 00:33:37,360 Speaker 1: would argue, and so that's gonna be a tough fight. 661 00:33:37,360 --> 00:33:39,880 Speaker 1: You talk to folks that like the Center for American progress. 662 00:33:40,480 --> 00:33:43,680 Speaker 1: These Democrat left groups, um, and they say we need 663 00:33:43,720 --> 00:33:45,240 Speaker 1: to talk about wages, we need to talk about the 664 00:33:45,240 --> 00:33:50,920 Speaker 1: economy and issues that motivated voters at home Mark. Well, 665 00:33:50,960 --> 00:33:53,640 Speaker 1: I think, yeah, I mean, maybe I'm totally blinded by this, 666 00:33:53,680 --> 00:33:56,040 Speaker 1: but I've thought that this is Biden's to lose. You know, 667 00:33:56,080 --> 00:33:58,720 Speaker 1: I really he's gonna be aspirational. You can talk about 668 00:33:58,720 --> 00:34:01,880 Speaker 1: this moonshot and it's really who's running to be frankly 669 00:34:01,880 --> 00:34:04,800 Speaker 1: in his cabinet or be his last presidential nominee. And 670 00:34:04,840 --> 00:34:07,640 Speaker 1: I think, um, at the end of the day, beating 671 00:34:07,640 --> 00:34:10,799 Speaker 1: Trump is like the normal criteria for the Democrats. Um. 672 00:34:10,960 --> 00:34:13,839 Speaker 1: I know a lot of my Democrat friends, they tend 673 00:34:13,880 --> 00:34:16,279 Speaker 1: to want to fall in love and they want to 674 00:34:16,360 --> 00:34:19,960 Speaker 1: be inspired. But I remind them most Republicans think we 675 00:34:20,040 --> 00:34:21,600 Speaker 1: just want to win. And I think the Democrats is 676 00:34:21,640 --> 00:34:24,080 Speaker 1: gonna an election where you know, it doesn't it's not 677 00:34:24,080 --> 00:34:27,359 Speaker 1: gonna be about fancy plans, give the big ideas. It's 678 00:34:27,400 --> 00:34:30,239 Speaker 1: gonna be about can I beat or can this person 679 00:34:30,239 --> 00:34:33,919 Speaker 1: beat Donald Trump? You know what what I found remarkable though, 680 00:34:34,440 --> 00:34:37,960 Speaker 1: is for all of the divide this week, and we 681 00:34:38,080 --> 00:34:41,359 Speaker 1: saw a lot of division, a lot of division. I mean, look, 682 00:34:41,400 --> 00:34:46,719 Speaker 1: no further than that remarkable, remarkable display from just the 683 00:34:46,719 --> 00:34:49,080 Speaker 1: other day when President Trump comes out to the podium 684 00:34:49,120 --> 00:34:51,359 Speaker 1: and says he's not going to negotiate with Democrats so 685 00:34:51,400 --> 00:34:55,440 Speaker 1: long as they're using the eye word impeachment. And so 686 00:34:56,000 --> 00:34:59,960 Speaker 1: there are areas of nonpartisanship there or bipartisanship on issue 687 00:35:00,080 --> 00:35:03,080 Speaker 1: that are non partisan, and increasingly we've seen that, and 688 00:35:03,080 --> 00:35:04,480 Speaker 1: that's where I want to take this show. Just in 689 00:35:04,480 --> 00:35:07,440 Speaker 1: the last minute that we have left on Venezuela, with 690 00:35:07,520 --> 00:35:12,320 Speaker 1: the admiration, administration and Speaker Pelosi still very much standing 691 00:35:12,320 --> 00:35:15,799 Speaker 1: behind the President uh and Juan Guido in Venezuela, and 692 00:35:16,000 --> 00:35:18,960 Speaker 1: on the issue of Huawei and ZTE and the President's 693 00:35:19,000 --> 00:35:22,439 Speaker 1: executive orders, I spoke with countless Democrats, including Senator Chris 694 00:35:22,440 --> 00:35:25,520 Speaker 1: Coon's a Democrat from Delaware, and Mark Warner, a Democrat 695 00:35:25,560 --> 00:35:29,600 Speaker 1: from Virginia, Virginia, who are behind the President on that 696 00:35:29,680 --> 00:35:32,400 Speaker 1: issue as well. I want to thank my friends at 697 00:35:32,480 --> 00:35:35,399 Speaker 1: ky W News Radio for sharing their space with us. 698 00:35:35,600 --> 00:35:38,240 Speaker 1: I also want to thank Mark and Eli for joining 699 00:35:38,280 --> 00:35:40,640 Speaker 1: the program, and my colleagues at Bloomberg for allowing me 700 00:35:40,680 --> 00:35:43,520 Speaker 1: to work from home. It means more to me than 701 00:35:43,600 --> 00:35:46,440 Speaker 1: you know. I'm Kevin Cirelli, have a great, great, great weekend. 702 00:35:46,440 --> 00:35:47,480 Speaker 1: You're listening to Bloomberg