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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

property law they passed in july. a very basic deal. does not move the ball forward, but relieves some of the tension and maybe takes the threat of retaliation down a notch. this administration has been riven by divisions over trade policy between the hawks and the pragmatist. this may be one side the pragmatist try to get their case before donald trump. the story says he has not made a decision yet. david: we have five people who should have knowledge of the subject. at the same time, there was a contradiction. we have seen this in this administration before. they do not always move as one. michael: you do not know who each person talk to so you do not know which side of the debate they are on. there is only one decider, and that is donald trump. he seems to go back and forth depending on what his gut tells him. this is certainly a possibility. what we are reporting is it is on the table, not that it necessarily happen. david: s got perhaps informed by the polls, particularl

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

lighthizer to go to beijing in the coming weeks to get things restarted. there are three areas where they are stuck. the first of which is what to do with huawei. the president in osaka committed to president xi that he would loosen restrictions on u.s. sales to huawei, which is a big demand from the chinese. the second piece is the president once the chinese to resume form sales, foreign purchases. that is about addressing one of his big political constituencies. where youthing is start these negotiations? there are 150 pages of text they left in may, and it is unclear if that is where they start or they start all over again. david: trade negotiations are always difficult but i do not remember the one where the parties do not agree what they agreed to. the president said the chinese have agreed to buy agricultural products, chinese said we have not agreed to that at all. why can they not agree on what they have agreed on? shawn: that is one of the big problem and that is a r

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

back to juan guaido as the situation has escalated in venezuela. we don t know whether or not the issue of impeachment and the conversation that democrats are having, particularly democratic presidential candidates are having, on the issue of impeachment. and whether or not that came up during the meeting. i want to note there was a very busy seen at the white house earlier this morning when special counsel are to the president kellyanne conway for more than 30 minutes took questions from the press pool here outside of the white house. and she made it known that she had former vice president joe biden in her political crosshairs. david: that is a pretty full agenda. i would be surprised if they don t talk about venezuela some. let s go back to infrastructure and don t know what they said. there are a couple of things we do know. infrastructure, and we do not know what they hav said. there are a couple of things we do know. we don t know how it will be paid for. we had a lette

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240715

expected data from china putting in worry about the strength of world economies. 10-year yield and slipping, dollar holding steady vote at se we have the the u.k. parliament tomorrow the 128.27. up fromll have our interviews the energy ministers from saudi arabia and we will talk about and global supply and emand and what that means for inflation. reviews to the first from new york city. the partial government longest in modern era lindsey graham saying he to d like president trump reopen on a temporary basis. not then declare a national emergency. no talks are scheduled for this week. chinese trade slumping in ecember for an unexpected fall underlying the impasse in economic trade. worst down 7.6% the since 2015 and left a surplus of $57.1 billion. the president of france says the step in a debate he hopes to dissipate the anger in the violent protests aying out topics and signaling he is not going to reverse tax .uts that the first deputy governor says far from economy is

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240715

creation, which in and of itself , reminds us that the trade war is not having a significant impact on the overall health of the economy. certainly at the micro level certain people and companies are impacted. on the aggregate level, not so substantial. david: we will talk about your work on the senate races coming up. reports that president trump could be interested in doing a deal with china, sean. do we take this seriously? we take everything seriously out of the white house on china now. what we heard yesterday after the call with xi jinping, talking to his cabinet saying let s draft the outlines of the deal, let s think about taking that to the g20 at the end of november, where president trump and xi jinping are due to catch up, possibly have dinner. we need to be cautious here. the most we will see out of any deal at the g20 would be some kind of cease-fire on tariffs. this will not be the whole kit and caboodle, not the whole deal. there is still a long set of negotiat

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