Kyle Bass Talks Tariffs and US Recession Odds | Bloomberg Talks скачать в хорошем качестве

Kyle Bass Talks Tariffs and US Recession Odds | Bloomberg Talks

Kyle Bass said the US may need to undergo a recession as it reorders its global trade ties and attempts to rein in the federal deficit. ”We have to make some difficult choices,” the Dallas-based investor said in an interview on Bloomberg Television. “Both of those things might be slightly recessionary, and if that’s true, we might have to go to a brief recession in order to rebuild our foundation.” President Donald Trump’s moves to drastically increase trade levies sent equity valuations plunging and US yields soaring before Trump put in a 90-day pause. There still remain increased duties on major trading partners while the administration has ratcheted up the US tariff on goods from China to at least 145% — a result of a 125% rate that includes “reciprocal” duties and a 20% rate imposed by Trump earlier this year over fentanyl trafficking. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg Talks curates top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment. On Bloomberg Talks, we round up interviews with Fortune 500 CEOs, government officials, well-known investors and business leaders. Listen to more Bloomberg Talks:    • Bloomberg Talks   Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcast Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter:   / podcasts   Visit our other YouTube channels: Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake   For coverage on news, markets and more: http://www.bloomberg.com/video