Independent you have a lot of leverage in the energy world. Also because we are the recipient purchasers of most countries goods other countries makes stuff and sell it to us they need to sell it to us, we make stuff, it would be nice to sell it to them but mostly we sell it to ourselves. Trump understood those things and realize we can fix the American Economy if he could get us off of middle east energy he could use trade wars to renegotiate the agreements with china, with japan, with south korea mexico and canada. The United States in a far better position, have much more leverage and then start negotiating my advice is that now that you have china in the phase 1 trade agreement, you have a trade agreement with mexico and canada, one with japan and south korea, probably get one with the bricks by the end of the year. We now have a consortium and trading blocs where we can go to china, a lot of us have the same complaints about the chinese treatment and we could go as a block led by
In advance of the Republican National convention we want to show you related other programs from our archives. Coming up, programs about donald trump and his supporters thoughts on how to win reelection in november. First up from this past february on our either Interview Program afterwords k t mcfarland recalls her time working for the president. Trump understood if you rebuild the American Economy to make the strongest economy in the world, all the middle east oil and make America Energy independence, you have a lot of leverage in the energy world and also because we are the recipients of purchasers, other countries make stuff and sell it to us. They need to sell it to us. We make stuff, trump understood and realized if he could fix the American Economy, get us off of middle east energy could use trade wars to renegotiate agreements with china, japan, south korea, one with britain soon, mexico and canada. Put the United States enough far better position of much more leverage and then
It to such a pleasure to speak about your book try washington and we the people. Im going to get into the idea of revolution, you say in the book america has been through divisive. Before some followers that we are living through today, with the hindsight of history, we can see them as inflection points, the transitional period between old system that is broken down in anyone with information, are we at an inflection point, absolutely, we are right in the middle of it, to the best example, in 2016 the republican primary, it was a real civil war and the Republican Party that the establishment of republicans represented by jeb bush and others did not get the nomination, did not get the support of the other people, those revolutionary donald trump, the democrats are going to the same thing right now, theyre having a civil war in their party, is it going to be the traditional democrats, is it going to be some outsider, socialist, i think that is indicative and the fact that it just doesnt
In terms of the euro, that is firmly in focus. European leaders meeting in brussels at loggerheads over how to rollout the plan. The offshore currency is essentially flat. The fix is essentially 6. 99. That is what the aussie yen is doing. The u. S. Dollar has ticked up 2 10 of 1 after a number of weeks of weakness. We can move it onto look at some of the commodities in the 10 year. A bit of concern about demand destruction for crude given the infection rate in the u. S. Florida, some policymakers saying the virus is out of control in that state. That will be a concern. 40 for wti. You still have this significant divergence between the 10 year, u. S. And china. Rishaad just getting some news from a motor company. It is secured funding from a variety of private equity companies. What it does show is chinese startups promising vehicles. Attracting funding even as we are seeing the industry having a rough time of it. This is leading to x peng saying the Company Managed to achieve the 400
We can see them as inflection points. Largely inflammation. The best example is in 2016 and the republicans primaries, theres a real civil war in the Republican Party the establishment represented by bush and others, do not denomination, do not get the support of the market people. The god of the revolutionary donald trump. The democrats are going to that right now. Going to have a civil war in their party right now pretty is going to be the traditional, or an outsider or socialist. But that is indicative of the fact, the stuff that is more for the last 40 years in the United States to govern the people, barely has not kept up with the country. I guess at the end of this book, that i realized after a long period of sort of thoughtfulness know until the wilderness died figured out. It is an american ghost of these divisive periods. Danielle we are very dynamic. Demographically, geographically, economically and we are constantly reinventing ourselves not just those individuals but as a n