
Bloomberg Surveillance
Bloomberg Surveillance TV: November 7, 2024
Nov 7, 2024
Heidi Crebo-Rediker, an expert on trade policy at the Council on Foreign Relations, emphasizes the centrality of tariffs in a potential Trump administration. Tobin Marcus from Wolfe Research discusses how the Democratic Party's values seem disconnected from the electorate. Andrew Hollenhorst, Citi's Chief US Economist, notes the Federal Reserve's readiness for rate cuts amidst economic uncertainties. The trio navigates the intricate links between politics, economic policies, and voter dissatisfaction, particularly in the wake of rising inflation and changing labor market dynamics.
26:50
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Quick takeaways
- Heidi Crebo-Rediker emphasizes that Trump’s presidency will heavily focus on tariffs, indicating swift policy changes that could reshape trade dynamics.
- The Democratic Party is facing internal debates about its identity and future priorities in response to electoral challenges and broader economic conditions.
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