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Measures of retaliation outside of tariffs same question to you michael in forest hills here i mean it really is about a paradigm shift one power not wanting that shift to occur and another one feels that its finally reached its place on the global stage i mean the this is these are piers they are genuinely piers now economically but its something the u. S. Has never had to confront go ahead michael well that doesnt stop you needed. Were economic surrender it was china and russia and other countries all could be dependent on United States information technology. Dollar and finance. In their cu...

Welcome todays counsel on international economics. Im neil irwin at the New York Times and author of a new book called health when in a winner take world and i preside over todays discussion. Great honor to have Jerome H Powell with us today and the 16th person to chair the board of governors at the Federal Reserve system and joins us today for the World Economy and previously he was a fed governor that he worked in Bipartisan Policy Center and u. S. Treasury department and we begin with a few remarks by german powell. [applause] thank you, neil. Good afternoon. Its a pleasure to be here today...

Century economically and technologically the United States is fighting very hard to preserve the status quo its position in the world and we can focus in on the tech sector and this is really what its more about its who is going to dominate and thats why its taking so hard to get an agreement and its and thats why its so politically important more so for trump because hes up for reelection but of course the chinese leadership has to come through for the Chinese People because well theyve been on a pretty good roll for the last 30 years they want to keep it going go ahead heather that is that i...

Beijing china and in forest hills we crossed to Michael Hudson he is a professor of economics at the university of missouri kansas city as well as author of forgive them their debts a Financial Times 2018 book of the year all right cross talk rules in effect that means you can jump in anytime you want and i always appreciate heather let me go to you 1st in washington it seems to me i mean you know were all covering this socalled trade war you know beat by beat pulse by pulse but you know you and the larger screen scheme of things its really about who is going to dominate this century economica...

Policies. He spoke at an event hosted by the council on Foreign Relations in new york city. This is one hour. Good afternoon. Welcome todays counsel on international economics. Im neil irwin at the New York Times and author of a new book called health when in a winner take world and i preside over todays discussion. Great honor to have Jerome H Powell with us today and the 16th person to chair the board of governors at the Federal Reserve system and joins us today for the World Economy and previously he was a fed governor that he worked in Bipartisan Policy Center and u. S. Treasury department...