David Lauder

speaker
67 appearances 6 recordings 1 series first heard Jan 2026 last heard 31 Aug

David Lauder’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 6 in all, peaking in Aug 2026 with 3.

Appearances

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So we had this interview with Secretary Bessant before uh President Trump disclosed the latest attacks on on Iran, which were the first since July.
The Treasury had been shifting to a plan to increase economic pressure on Iran by uh threatening more secondary sanctions on other countries that help Iran uh
process transactions, uh say for oil and other goods, um, and and maintain business ties to Iran.
I don't think there's a lot of countries in the G twenty that are are willing to sort of go out of their way and say, Yes, we're going to help Iran.
It it might be a situation where where countries will you know voice support and say, Yes, we're we'll we'll go along with this.
Uh
Um, you know, they all want to continue to do to do business with the United States.
So it doesn't cost much to to sort of uh say you're agreeing with this policy, but then the question becomes is, you know, how much are you enforcing it and and what what steps are you really taking to ensure that that you're cutting cutting those business ties with Iran?
China has has unleashed
an amazing amount of exports to the world.
What Bessent is suggesting to us uh in this interview is that uh other countries need to to step up and kind of match what the US is doing by imposing their own trade barriers on on Chinese goods.
And
somehow that this will force Beijing to make some policy changes to rebalance its economy, to rely more on domestic demand as opposed to exports for its growth.
So the Treasury has thus far refrained from using sort of what's the nuclear option, which is to sanction Chinese banks that have been aiding transactions in oil or acquisition of technology that can be used in missile and weapons production.
It's unclear sort of how willing the administration is to go there, especially with President Trump and President Xi Jinping planning another summit meeting
towards the end of September.
Secretary Besant said that by the end of this week, there would be a major sanctions announcement involving sanctions on a financial institution.
But he also said that he did not want to sort of disrupt the global financial system.
The debt is basically the mismatch between what the federal government spends and what it takes in in tax revenues.
It's the cumulative effect of that.
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