Bloomberg Surveillance
Bloomberg Surveillance TV: April 3, 2025
Apr 3, 2025
Howard Lutnick, the US Commerce Secretary, dives into the impacts of President Trump's tariff announcements on American trade dynamics. Jim Zelter, president of Apollo Global Management, analyzes market reactions and the looming challenges for global trade, particularly with China and Europe. They discuss the urgency of reevaluating trade policies and the potential for boosting domestic manufacturing. The conversation also touches on how these changes could alleviate macroeconomic concerns and reshape investment strategies in an evolving economic landscape.
40:19
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Quick takeaways
- The implementation of President Trump's tariffs signifies a pivotal shift towards strengthening American manufacturing and fostering domestic job creation.
- Addressing non-tariff barriers is essential for ensuring fair competition for U.S. goods in global markets, highlighting the need for comprehensive trade reform.
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