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Cliff Taylor

👤 Speaker
271 total appearances

Appearances Over Time

Podcast Appearances

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

That's just the way it operates.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Right.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Yeah, I mean, who knows?

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

I was talking to some experts a few weeks ago, and they were saying, look, he's going to see President Xi, which is happening Wednesday or Thursday, and he's going to want to have it sorted out before then.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

And that hasn't happened, although there have been efforts to do so.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

And obviously, yeah, you're right, he's under huge domestic political pressure.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

But

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Absolutely.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

It's feeding through to poll support for the Republican Party.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

It's a big issue.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Fuel prices are rising.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Prices are rising across the board.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

The latest US inflation figures were showing a big increase.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

It's going to make it very difficult for the new chair of the Fed to reduce interest rates.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

So...

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

There's all that going on in the background.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

So there's absolutely huge political incentive for Donald Trump to get something sorted out.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

But the Iranians obviously see this and they're using this as a pressure point on him to try and get a deal on their terms.

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

And then the flip back is, well, if he agrees on their terms, the question at home is, well, why did you bother in the first place?

Inside Business with Ciaran Hancock
Could we be heading toward a world recession if Trump can’t broker a deal with Iran?

Because you haven't really achieved anything here in terms of getting commitments on nuclear enrichment and so on, which was the whole point of it in the first place.