Latest / Bloomberg Intelligence / Bloomberg's Nizza on Trump's Visit With President Nieto (Audio)
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- 1:01Speaker 1: Bloomberg Business splash. This is taking stock with Pim's Box
- 1:08Speaker 1: and Kathleen Hayes on Bloomberg Radio Donald Trump UH and
- 1:16Speaker 1: a candidate for the US presidency, the actual Mexican President,
- 1:21Speaker 1: their meeting this afternoon. The it was the meeting was
- 1:24Speaker 1: announced just hours beforehand, but apparently there was an agenda
- 1:27Speaker 1: already hammered out by both sides to set this up. Now,
- 1:31Speaker 1: this is the same Donald Trump who famously said, as
- 1:33Speaker 1: his campaign was getting off the ground during the primaries
- 1:37Speaker 1: that the US would build a wall with Mexico to
- 1:40Speaker 1: keep out illegal immigrants and Mexican would Mexic would pay
- 1:44Speaker 1: for it. This just you kind of wonder if this
- 1:47Speaker 1: is you know, Lamb's lying down with lions or what.
- 1:49Speaker 1: But anyway to make sense for it. Now, we're very
- 1:52Speaker 1: happy to welcome back to the show from our Bloomberg
- 1:54Speaker 1: Politics team, Mike NEETs. In fact, he's the executive editor
- 1:58Speaker 1: for Bloomberg Politics. A Mike, what's going on the world
- 2:02Speaker 1: is a complicated place, isn't it though? And fascinatingly interesting? Yes,
- 2:07Speaker 1: And we're all kind of struggling to compute all the
- 2:09Speaker 1: angles here on what's going on today. And and like
- 2:12Speaker 1: you said, what we started thinking about just a few
- 2:15Speaker 1: hours ago late last night. Um, you know, Trump has
- 2:18Speaker 1: a lot to gain by going abroad and and uh
- 2:21Speaker 1: looking presidential and standing shoulder shoulder with the leader of
- 2:24Speaker 1: another nation, especially one that he uh, a nation that
- 2:28Speaker 1: he's criticized so heavily during his campaign. UM, and the
- 2:31Speaker 1: Mexican leader apparently had had a lot to gain to
- 2:35Speaker 1: his His approval ratings in Mexico are extremely low right now.
- 2:40Speaker 1: He's heading into a State of the Union later this week,
- 2:42Speaker 1: and he's got a few he's got a plagiarism scandal
- 2:46Speaker 1: dealing with that he's dealing with too, So I think
- 2:48Speaker 1: he wanted to change the subject. So is how unusual
- 2:51Speaker 1: is it for uh a sitting president of any country
- 2:55Speaker 1: to meet with someone who's running for office from the
- 2:58Speaker 1: United States. It's six extremely unusual, and especially in this
- 3:02Speaker 1: formula of a setting. Uh. We really can't think of
- 3:04Speaker 1: another time that this has happened. Obviously, Uh there's that
- 3:08Speaker 1: that old saying about politics stops at the water's edge
- 3:12Speaker 1: for for Americans and UH, and that there's no parties
- 3:15Speaker 1: once you go abroad, but when you're campaigning on one side,
- 3:18Speaker 1: that's kind of different. And I think there's there's even
- 3:20Speaker 1: some uh, some serious uh ways that this expresses itself,
- 3:25Speaker 1: such as, UH, whether Donald Trump can actually engage in
- 3:29Speaker 1: negotiations with a foreign leader as opposed to discussions. So
- 3:32Speaker 1: I think they're they're being very careful and describing everything
- 3:35Speaker 1: happening today and everything happened in the run up to
- 3:38Speaker 1: this meeting as discussions and not anything more serious response
- 3:41Speaker 1: from the Clinton camp. Yeah, they're they're trying to remind
- 3:46Speaker 1: everyone about how how harsh Donald Trump has been towards
- 3:50Speaker 1: Mexico and how uh no matter what happens today, it
- 3:54Speaker 1: won't change the fact that he that that he said
- 3:56Speaker 1: certain things and that he stands for certain things. So
- 3:59Speaker 1: they're really trying to focus on the substance rather than
- 4:03Speaker 1: the you know, the style of this event. So this
- 4:08Speaker 1: is obviously occurring today. Donald Trump is getting ready to
- 4:12Speaker 1: give a speech on immigration. How do we gonna how
- 4:17Speaker 1: do you expect what happens to day to weave into
- 4:20Speaker 1: that speech? So yeah, I think if you take a
- 4:22Speaker 1: step back and look look at what people were saying
- 4:26Speaker 1: about Trump and his immigration proposals maybe two weeks ago, uh,
- 4:30Speaker 1: it looked like he was a bit of a mess.
- 4:32Speaker 1: He was him and his advisers were saying a lot
- 4:35Speaker 1: of contradictory things about what he stood for and what
- 4:37Speaker 1: he didn't stand for. UM, it was very confusing. They
- 4:41Speaker 1: canceled an immigration speech once they they looked like they
- 4:45Speaker 1: were really they were also in the middle of overhauling
- 4:47Speaker 1: the campaign that UH, Paul Mantaforth, the former campaign chairman
- 4:50Speaker 1: left and and uh two others took over, and so
- 4:54Speaker 1: that they kind of looked like they didn't they weren't
- 4:56Speaker 1: sure about what they were going to do. But that
- 4:59Speaker 1: has culminated, it culminated today with this kind of bold
- 5:04Speaker 1: series of events that look that that look like the
- 5:08Speaker 1: product of a lot of planning. Okay, Hispanic leaders in
- 5:11Speaker 1: the United States, elected officials, leaders of various organizations. One
- 5:16Speaker 1: are some of the latest things they've said. Do we
- 5:18Speaker 1: have any response today for many of those people about
- 5:21Speaker 1: Trump meeting with and the opinion yet Mexico's president. Yeah,
- 5:26Speaker 1: so the meeting is going going on right now, So
- 5:28Speaker 1: I'm really curious to hear what they think once it's over.
- 5:31Speaker 1: But I think the the uh, the comments that I
- 5:34Speaker 1: saw before and earlier today, we're all quite negative, you know,
- 5:38Speaker 1: kind of in the spirit of what Hillary Clinton said
- 5:41Speaker 1: that that he said a lot of things and he
- 5:44Speaker 1: stands for a lot of things, and no meeting can
- 5:46Speaker 1: So what if Donald Trump says comes out and says,
- 5:49Speaker 1: you know what, I think Mexico is a great country.
- 5:50Speaker 1: I think Mexicans are great people, and I think he
- 5:52Speaker 1: has said words to that effect. What he said is
- 5:54Speaker 1: he thinks that there's too many Mexican criminals. He's visiting
- 5:56Speaker 1: the said rapists who are immigrating. He's also said he
- 5:59Speaker 1: thinks that illegal immigration not going through the proper channels
- 6:02Speaker 1: is wrong. So what if he says, I still think that.
- 6:04Speaker 1: But guess what, I know that we have tons of Hispanics,
- 6:07Speaker 1: you know, children of immigrants who got who legally I'm
- 6:10Speaker 1: all for them, I'm all for the country. Does that
- 6:12Speaker 1: somehow start treating the tide for Donald Trump. So it's
- 6:14Speaker 1: certainly a softening, it's certainly something worth trying for him. Uh.
- 6:18Speaker 1: It's it's unclear whether his policies can change that much
- 6:21Speaker 1: given the coalition he's put together so far. But if
- 6:24Speaker 1: he saw softens on certain things such as those, he
- 6:26Speaker 1: might be able to attract more of the areas he's
- 6:28Speaker 1: struggling with, such as women. When you say the coalitions
- 6:31Speaker 1: put together to be mostly white men as opposed to
- 6:35Speaker 1: Hispanic or African America. What do you mean by so
- 6:38Speaker 1: not so? White men and women without college degrees are
- 6:43Speaker 1: kind of the main core, and they it is cool
- 6:45Speaker 1: in the people running his campaign you mean his followers,
- 6:47Speaker 1: then he's solition. Okay, So what does he have to
- 6:50Speaker 1: do in your mind? You got about thirty seconds left her.
- 6:52Speaker 1: I mean, is there anything he can do to convince
- 6:54Speaker 1: the rank and file, the people on the street, the
- 6:56Speaker 1: middle the middle class of this country who are descended
- 6:59Speaker 1: for um, you know, Hispanic immigrants, that he is on
- 7:02Speaker 1: their side somehow. So I really think we have to
- 7:05Speaker 1: take this day by day. Donald Trump may and today
- 7:09Speaker 1: very positively. You know, he he might have gone all
- 7:12Speaker 1: the way to Mexico, had a productive discussion and then
- 7:16Speaker 1: uh precedent with with the Mexican president deliver speech. It
- 7:20Speaker 1: could all be uh, it could all be quite substantive.
- 7:22Speaker 1: But he's got put together a lot more days. It's
- 7:24Speaker 1: gonna make that presidential debate all the more interesting. Mike
- 7:27Speaker 1: needs to thank you so very much, executive editor for
- 7:30Speaker 1: Bloomberg Politics. I want to thank Reggie Basil, our technical director,
- 7:34Speaker 1: Sam linga Are, producer Pim Fox on vacation. Hi, Pim,
- 7:38Speaker 1: come back soon. I'm Kathleen Hayes, and this is Bloomberg.
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