Agreement i think they have no respect for the man i think theyre just trying to figure him out and i think we dont know whats going to come come out of the meeting and frankly whatever he does i dont think it has much meaning to the other World Leaders is america still viewed as the leader of the world if not why and which country or leader and well theres no real leadership right now and so theres a huge void created by donald trump if we have treaties that we dont agree to honor we lose our credibility if we decide to have an bar goes against certain countries. And theyve been buying our product and all of a sudden now they cant buy our product theyre not going to buy our products if they cant trust us to honor our agreements our commitments then we cant be the leader of the free world we cant be a leader in the world so who is the leader right now who are his main players on there are no you know we have empowered china we have empowered russia. Ironically by the way weve acted and
Has a stronger hand right now mr trump origin thing and why well ok if i were in you know if our if im shooting paying i think i have the upper hand ive got an economy a controlled economy that frankly the Chinese Government has a greater ability to manipulate including with their currency to make adjustments for any economic downturns but i frankly think both are potential losers in this free and fair trade is a concept that helps both countries and its important understand look weve had large trade imbalances with china for a long period of time there are certainly concerns about access to their markets intellectual Property Protection these are all legitimate concerns that have been raised by previous president s but how you address them and whether a bilateral trade war which is whats happening right now with escalating tariffs is really the best thing whether for the u. S. Government or a. U. S. Economy or u. S. Consumers so trump has eliminated some of the tariffs right hes taken
Already a problem before we ever thought about donald trump in a political context whereas i think that of biden is the candidate i think it will end up being a tighter race i still think that he can win but i think that it will be playing on that obama in a stall judge in a stall just for things to go back to some semblance of sanity while also making sure at the same time that youre not doing too much to turn off more leftist or progressive voters i think its often said that the the next president is a reaction to the previous president right so if you just looking at the state of the country looking at who we have in the white house right now who among the current Democratic Candidates would be the reaction to trump. Well i think you look at someone like people to judge as an example of a very different kind of candidate different kind of political figure in terms of tone and rhetoric from donald trump whats not clear to me there is whether booted speaks to a constituency beyond the
Good monday morning welcome to squawk alley. Im jon fortt along with Morgan Brennan and Contessa Brewer live at post nine at the New York Stock Exchange carl is on assignment, as you probably heard this morning, in hanoi, vietnam hes going to be reporting live all day tomorrow on that countrys recent manufacturing boom and its role in the u. S. china trade war a lot more do not miss our live coverage. Again, all day tomorrow. And meantime, we begin with facebook, google, and your data. Exactly how much is it worth that is the question senators mark warner and josh haolly are asking as they propose new legislation that would force Big Tech Companies to put a price tag on user data and guys, this i find fascinating and very confli complicated. Because one persons data, the way i understand it, is worth very little, but everybodys data is worth a lot. And i dont think its as simple as just doing division like, you divide the total value of the data by the number of people some peoples dat
Materialize he also made a concession about whether any changes to chinese trade policies need to be codified legislation and he agreed that they did not so to the extent that there are changes made how lasting they are is yet to be seen so lets talk about the National Security concerns do you think theyre legitimate and just what are they. Well it involves you know look with with all Chinese Companies they have a close nexus with the Chinese Government given the concerns about Cyber Security given the concerns about electronic surveillance its right to be concerned about you know its right to be concerned about foreign interference and potentially compromising of our Technology Infrastructure that being said theres a lot of u. S. Companies that do business with this company hallway and a lot of their components are used as part of hallie products and whats interesting important understand here is that these concerns by the United States arent necessarily shared by our european allies