Speaker 1: Bloomberg Audio Studios, podcasts, radio news, your single best idea,
Speaker 1: and today it could be fourpal best idea. I mean,
Speaker 1: there's that much going on, the President, of course, speaking
Speaker 1: at one pm today on reciprocal trade. Thank you so
Speaker 1: much to all that helped today on this new concept
Speaker 1: from the nineteen thirties. Wendy Schiller at Brown was absolutely
Speaker 1: brilliant on reciprocal trade and the idea of how things
Speaker 1: have changed from GAT, from the World Trade Organization and
Speaker 1: from George Bush senior and junior.
Speaker 2: This is like a mind meld. I was just thinking,
Speaker 2: this is exactly the opposite of the George Herbert Walker
Speaker 2: Bush and the George W.
Speaker 3: Bush Republican Party.
Speaker 2: Which was, you know, engage, exert influence, send troops where
Speaker 2: you need to. So this is a complete see change.
Speaker 2: This is going back to the nineteen forties. This is
Speaker 2: sort of Southern Conservative Democratic Party isolationism. This is we
Speaker 2: will exert power when we need to, when it's in
Speaker 2: our interest, but otherwise we are not going to come
Speaker 2: to the rescue of democracy. We're not going to promote it.
Speaker 2: Clearly shutting down usaid you know, we're not going to
Speaker 2: do this anymore. And John Quincy Adams said this, you
Speaker 2: know in the eighteen twenties, you know we'll be with you,
Speaker 2: but we don't have to go in search of monsters
Speaker 2: to destroy. That's what he put how he put it,
Speaker 2: it's taking the United States into a completely different realm
Speaker 2: on foreign policy. But it's not sought power. Trump is
Speaker 2: willing to use the power. He just used it in
Speaker 2: his interest in the United States interest.
Speaker 1: Wendy Schuldert Brown University or Textbook's definitive on the span
Speaker 1: of American history. I really can't say enough about balance
Speaker 1: of power. Katie Lines show Matthew look for their work
Speaker 1: here on all of this tariff upra I can't for
Speaker 1: those not up to speed on this story worldwide, It's
Speaker 1: simple that there has been a tariff discussion, but it
Speaker 1: is now shifted from should we have five, ten percent,
Speaker 1: twenty percent rise in tariffs of maybe selected big countries
Speaker 1: to now almost tit for tap reciprocity or reciprocal tariffs,
Speaker 1: where we look at a given country and say we're
Speaker 1: going to do exactly what they're doing to us. It's
Speaker 1: a whole different tone that we're hearing out of the
Speaker 1: White House today, also with us today and again on Ukraine.
Speaker 1: Damien Sasar was just wonderful and it's questioning today to
Speaker 1: our number of our guests here, Angela's Stent was able
Speaker 1: to join this morning. Doctor Stent has a definitive book
Speaker 1: out on Putin, and of course the news here is
Speaker 1: that Trump will speak to Putin down the road here
Speaker 1: on Ukraine. All sorts of ebbs and flows here Angela's
Speaker 1: Stent of Brookings. Her book is Putin's World.
Speaker 3: What I find curious about all of this is that
Speaker 3: if you read the book The Art of the Deal right,
Speaker 3: you don't give away your maximum position before you start negotiating.
Speaker 3: And so mister Hegseith and a con by President Trump
Speaker 3: have essentially conceded to the Russians most of what they want.
Speaker 3: So I would think that this would probably be when
Speaker 3: they do meet, you know, a rather positive engagement, because
Speaker 3: they're only the same.
Speaker 1: Page Angela's Stent there. The Brookings Institution can't say enough
Speaker 1: about Putin's World. It was my book of the year. Oh,
Speaker 1: I'll say three years ago, I believe, I do want
Speaker 1: to say on single best idea. We're working on the
Speaker 1: plans forward. We got to figure out how to do
Speaker 1: a video of this along with the audio. We're not
Speaker 1: there on that for all sorts of different reasons, but
Speaker 1: it's really building out nicely again on the commute across
Speaker 1: the nation on digital radio like Apple car Play, Serious, XCM,
Speaker 1: Android Auto Good Morning, particularly Angela's stints ninety nine one
Speaker 1: FM in Washington. In the experiment that is YouTube, we
Speaker 1: are thunderstruck by the growth you subscribe to Bloomberg podcasts
Speaker 1: on YouTube podcasts. This is single best idea