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Bloomberg Talks

Former US Vice President Mike Pence Talks F-35 Jets

18 Nov 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.571 - 1.834 Stephen Carroll

Hi, I'm Stephen Carroll.

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2.135 - 9.09 Caroline Hepka

And I'm Caroline Hepka, here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes.

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9.431 - 19.474 Stephen Carroll

It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world. Each weekday morning, we're up early to bring you the latest news by 7am.

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19.454 - 27.447 Caroline Hepka

We've got everything you need to know from geopolitics and global events to economics and what's moving markets. I'm covering it all from London.

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27.787 - 35.46 Stephen Carroll

And I'm in the EU's capital, Brussels. We have 3,000 journalists and analysts around the world to tell you what's happening, what it means and why it matters.

35.92 - 45.175 Caroline Hepka

It's more than just business headlines. From the price of your breakfast to global shifts in power, economics and money aren't just part of the story, they're often the driving force.

45.155 - 51.23 Stephen Carroll

So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it.

51.571 - 59.13 Caroline Hepka

Find new episodes of Bloomberg Daybreak Europe Edition by 7am London time on Apple, Spotify or wherever you get your podcasts.

63.582 - 78.319 Kriti Gupta

Bloomberg Audio Studios, podcasts, radio, news. Talk about these geopolitical issues. You said I was joined on set here on The Pulse with Vice President, former Vice President Mike Pence. We thank you so much for your time. Welcome to London.

Chapter 2: What is the significance of Crown Prince Mohammed bin Salman's visit to the White House?

440.671 - 465.261 Mike Pence

since the holocaust and we've seen china continue its its military provocations across the asia pacific when when we were in office we spoke about what the new trump administration speaks about and that is peace through strength and i think the relationship between the united states and our allies across the free world has never been more important and trade is a part of that i i would

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465.241 - 491.015 Mike Pence

Hasten to add that I believe in free trade with free nations and the president's unilateral tariffs imposed on friend and foe alike, I think, have been contrary to the long term interest in prosperity of the West. We ought to be working always. to lower trade barriers and lower non-tariff barriers and subsidies. That's what we did during our four years.

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491.095 - 517.303 Mike Pence

We used tariffs and the threat of tariffs to negotiate to open markets. But what we're seeing in this new Trump administration, is the use of broad-based tariffs that I think ultimately harm U.S. consumers, harm growth, but also more profoundly, they really threaten to fray long-standing relationships in the free world at just the time that we need them stronger than ever before.

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517.283 - 538.718 Kriti Gupta

Well, Vice President, they're also being used as a mechanism not only to encourage free trade, but also to add pressure on countries like India, like Brazil, that are perhaps helping and fuel some feeling some of the goals in China and Russia as well, especially when it comes to the United States's relationship in defending or at least helping support the fight for or the war.

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538.698 - 560.47 Kriti Gupta

Ukrainian's efforts against the war from Russia. Talk to us a little bit about that relationship and that dynamic when it comes to the European Union and the UK as well. Historically, Europe and the United States have been arm in arm. But when it has come to this conflict, at least in the second Trump administration, we do seem to be seeing wobbles in that steadfast defense.

560.45 - 572.287 Kriti Gupta

Donald Trump has, on the campaign trail, and of course in this year, promised and assured the global community there would not only be a ceasefire, but a lasting agreement based on his friendship with Vladimir Putin.

Chapter 3: How has the U.S.-Saudi relationship evolved in recent years?

572.367 - 574.29 Kriti Gupta

Why has that not come to fruition in your minds?

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574.55 - 602.134 Mike Pence

Well, first off, I've been a steadfast supporter of U.S. military assistance to Ukraine. I mean, Russia's unprovoked invasion has cost hundreds of thousands of lives And America is the leader of the free world. And it's absolutely essential that we continue to uphold the principle that we will not allow authoritarian regimes to redraw international lines by force.

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602.715 - 628.645 Mike Pence

A century ago, we looked the other way as authoritarian regimes marched across Europe and the world inherited power. The whirlwind and the tragedy of World War Two. And so I think it's important the United States continue to stay firm. I'm pleased that the Trump administration has gotten to a better place after, as you said, stops and starts on support for Ukraine.

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629.607 - 659.745 Mike Pence

But I do think the time has come for the United States Senate. to put strong secondary sanctions on President Trump's desk, sanctions on countries that are purchasing energy from Russia, that are literally, through those purchases, they're fueling the Russian war machine. I called on that this summer. And frankly, I was encouraged that just a few days ago, President Trump said that he was okay

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659.725 - 676.789 Mike Pence

With the secondary sanctions bill, Senator Lindsey Graham authored. I think Vladimir Putin will not stop until he is stopped. The Ukrainian military has fought bravely. The European community with strong leadership from the UK and America.

676.769 - 703.418 Mike Pence

uh... have have provided support but at the end of the day i think isolating uh... russia economically with the secondary sanctions could well be the key to uh... moving us toward a peaceful settlement and uh... adjust and lasting peace vice president you talk about the secondary sanctions europe the u has only recently put sanctions on on russia there so parts of the you you that are importing that kind of energy

703.398 - 715.746 Kriti Gupta

Does America need Europe to hold Russia accountable? Can America go at it alone? That's the narrative that Donald Trump has taken when it comes to his negotiations at the Munich Security Conference, at NATO. Can America do it alone?

716.007 - 739.083 Mike Pence

Well, you know, in my first trip to Europe in 2017 as vice president, I said America first does not mean America alone. It simply means America embracing our first obligations at home and secondly, embracing our role as leader of the free world. And I believe during our four years, we actually strengthened our alliances across NATO.

739.364 - 752.903 Mike Pence

Before we left office at the end of four years, our NATO allies were investing $140 billion in our common defense that had not been invested before. Yeah. More than two-thirds were now living up to the commitment we've made to our common defense.

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