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Bloomberg Talks

Carlyle Group Co-Chairman David Rubenstein Talks Bessent, Tariffs

May 5, 2025
David Rubenstein shares insights from Scott Bessent's comments at the Milken Conference, highlighting investor concerns over tariffs and economic strategies. He explores how the business community toggles between optimism and caution regarding current policies. The discussion sheds light on the mixed feelings surrounding tax reforms and deregulation, as businesses navigate a changing political landscape. Expectations for successful economic strategies linger, all while uncertainty looms.
03:56

Podcast summary created with Snipd AI

Quick takeaways

  • David Rubenstein emphasizes the interconnectedness of tariffs, tax cuts, and deregulation in shaping business confidence and economic health.
  • Despite tariff uncertainties, the business community expresses cautious optimism about potential positive outcomes from tax cuts and deregulation initiatives.

Deep dives

Economic Program Insights

The discussion highlights three key elements of the economic program: tariffs, tax cuts, and deregulation. These components are interconnected, with a focus on how successful implementation could satisfy the business community's concerns. While there is optimism regarding tax cuts and deregulation, lingering uncertainty about tariffs presents challenges for business leaders trying to navigate the current economic landscape. The potential positive impact of these policies hinges on their execution and the clarity provided by the administration.

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