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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, your single best idea,

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Speaker 1: and today it could be fourpal best idea. I mean,

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Speaker 1: there's that much going on, the President, of course, speaking

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Speaker 1: at one pm today on reciprocal trade. Thank you so

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Speaker 1: much to all that helped today on this new concept

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Speaker 1: from the nineteen thirties. Wendy Schiller at Brown was absolutely

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Speaker 1: brilliant on reciprocal trade and the idea of how things

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Speaker 1: have changed from GAT, from the World Trade Organization and

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Speaker 1: from George Bush senior and junior.

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Speaker 2: This is like a mind meld. I was just thinking,

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Speaker 2: this is exactly the opposite of the George Herbert Walker

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Speaker 2: Bush and the George W.

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Speaker 3: Bush Republican Party.

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Speaker 2: Which was, you know, engage, exert influence, send troops where

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Speaker 2: you need to. So this is a complete see change.

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Speaker 2: This is going back to the nineteen forties. This is

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Speaker 2: sort of Southern Conservative Democratic Party isolationism. This is we

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Speaker 2: will exert power when we need to, when it's in

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Speaker 2: our interest, but otherwise we are not going to come

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Speaker 2: to the rescue of democracy. We're not going to promote it.

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Speaker 2: Clearly shutting down usaid you know, we're not going to

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Speaker 2: do this anymore. And John Quincy Adams said this, you

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Speaker 2: know in the eighteen twenties, you know we'll be with you,

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Speaker 2: but we don't have to go in search of monsters

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Speaker 2: to destroy. That's what he put how he put it,

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Speaker 2: it's taking the United States into a completely different realm

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Speaker 2: on foreign policy. But it's not sought power. Trump is

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Speaker 2: willing to use the power. He just used it in

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Speaker 2: his interest in the United States interest.

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Speaker 1: Wendy Schuldert Brown University or Textbook's definitive on the span

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Speaker 1: of American history. I really can't say enough about balance

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Speaker 1: of power. Katie Lines show Matthew look for their work

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Speaker 1: here on all of this tariff upra I can't for

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Speaker 1: those not up to speed on this story worldwide, It's

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Speaker 1: simple that there has been a tariff discussion, but it

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Speaker 1: is now shifted from should we have five, ten percent,

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Speaker 1: twenty percent rise in tariffs of maybe selected big countries

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Speaker 1: to now almost tit for tap reciprocity or reciprocal tariffs,

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Speaker 1: where we look at a given country and say we're

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Speaker 1: going to do exactly what they're doing to us. It's

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Speaker 1: a whole different tone that we're hearing out of the

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Speaker 1: White House today, also with us today and again on Ukraine.

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Speaker 1: Damien Sasar was just wonderful and it's questioning today to

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Speaker 1: our number of our guests here, Angela's Stent was able

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Speaker 1: to join this morning. Doctor Stent has a definitive book

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Speaker 1: out on Putin, and of course the news here is

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Speaker 1: that Trump will speak to Putin down the road here

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Speaker 1: on Ukraine. All sorts of ebbs and flows here Angela's

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Speaker 1: Stent of Brookings. Her book is Putin's World.

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Speaker 3: What I find curious about all of this is that

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Speaker 3: if you read the book The Art of the Deal right,

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Speaker 3: you don't give away your maximum position before you start negotiating.

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Speaker 3: And so mister Hegseith and a con by President Trump

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Speaker 3: have essentially conceded to the Russians most of what they want.

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Speaker 3: So I would think that this would probably be when

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Speaker 3: they do meet, you know, a rather positive engagement, because

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Speaker 3: they're only the same.

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Speaker 1: Page Angela's Stent there. The Brookings Institution can't say enough

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Speaker 1: about Putin's World. It was my book of the year. Oh,

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Speaker 1: I'll say three years ago, I believe, I do want

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Speaker 1: to say on single best idea. We're working on the

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Speaker 1: plans forward. We got to figure out how to do

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Speaker 1: a video of this along with the audio. We're not

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Speaker 1: there on that for all sorts of different reasons, but

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Speaker 1: it's really building out nicely again on the commute across

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Speaker 1: the nation on digital radio like Apple car Play, Serious, XCM,

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Speaker 1: Android Auto Good Morning, particularly Angela's stints ninety nine one

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Speaker 1: FM in Washington. In the experiment that is YouTube, we

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Speaker 1: are thunderstruck by the growth you subscribe to Bloomberg podcasts

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Speaker 1: on YouTube podcasts. This is single best idea