Catherine Rampell and Robert Garcia: China Is Starting to Eclipse the U.S.
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How has China's perception of the U.S. changed in recent years?
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Hello and welcome to the Bulwark Podcast. I'm your host, Tim Miller. We've got a doubleheader for you today. In segment two, it is, I think, alongside Ro Khanna, the other congressman who has been the most effective in the opposition for the Democrats in the House this year. And that's Robert Garcia, the ranking member of the Oversight Committee. So we have much to talk to him about. But first, my colleague, my buddy, economics editor here at the Bulwark. She writes the newsletter Receipts.com. which is published this evening, Thursday evenings. She also co-hosts MSNOW's The Weekend Primetime. It's Catherine Rampell. What's up, girl?
Hey, good to see you. Long time no see.
I know. We saw each other, everybody, yesterday at the Bulwark All Hands, and I'm still in the shit town in D.C., as you can see from my background here.
I was wondering where you were.
What impact did Trump's trade policies have on American agriculture?
Okay, so you haven't made it back.
It's all the bulwark books. I took down the Sarah Longwell QR code that she wanted me to promote in my background. I'm like, this isn't QVC, okay? You should buy Sarah's book, but this isn't the QVC.
QVC is bankrupt, so one of the many Trump victims.
We got a lot of economics talk, and all China talk is at some level, all everything talk is at some level economics talk. I think that's Tyler Cohen. But I want to talk a little bit about the summit first. Trump and all of our greatest CEOs and... Much of the cabinet all traveled to China to pay homage to the communist dictator, Xi Jinping. In their opening session, Trump said this, We have a fantastic relationship. I have such respect for China, the job you've done. You're a great leader. I say it to everybody. You're a great leader. The top CEOs are all here to pay respects to you. It is an honor to be your friend. It's laying it on a little thick for me. I don't know what you think about the meeting.
He's just a master diplomat right there. You know, he's buttering him up so that he can swoop in and make the deal of the century. I think that's what's going on. No, I think what's actually going on is he brought, you know, a little entourage of rich people to... I think he thinks impress President Xi because that's how Trump operates, right? He thinks when you're surrounded by rich people, that means you're great and that means that they're paying fealty to you. Probably a lot of those rich people, i.e. the CEOs who were there, I think are really in harm mitigation mode. Maybe they're there financially. I mean, probably they have multiple objectives, right? One of them is to do a little solid for Donald Trump or what Donald Trump thinks is a favor, but also make sure that they walk away without giant new tariffs on iPhones or or any of the other supplies that they might be importing from China.
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Chapters
8 chapters
1
How has China's perception of the U.S. changed in recent years?
0:00–2:30
2
What impact did Trump's trade policies have on American agriculture?
2:30–7:58
3
How is the Democratic party preparing for the upcoming elections?
7:58–13:45
4
What are the implications of inflation on the current economy?
13:45–22:48
5
How does the stock market reflect the state of the economy?
22:48–33:10
6
What challenges does the new Fed Chair face?
33:10–42:21
7
How are Trump's policies affecting rural America?
42:21–56:24
8
What are the future political strategies for Democrats?
56:24–1:15:22
Speakers
4 identifiedMore from The Bulwark Daily
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