Live on Bloomberg TV

00:00ENFORCEMENT AS WELL. OUR NEXT GUEST IS HERE. WHAT ARE YOU MAKING OF THIS? WHAT IS YOUR TAKE ON THIS IF YOU TAKE A HOLISTIC VIEW? > > THERE IS A BIGGER DEAL A FOOT. A LOT OF THIS IS GLOBAL. TRUMP THIS MORNING SAYING CONSIDERING $100 BILLION. THIS IS A LOT OF POSTULATING AT THE MOMENT. WE THINK IT IS BRINGING SHORT-TERM VOLATILITY, BUT WILL GET PARTIES TO THE TABLE AND THERE WILL BE MUTUAL CONCESSIONS OF BOTH PARTIES CAN LOOK FAVORABLE. RISHAAD: TO SAVE FACE TO SOME EXTENT, BUT THIS BEGS ANOTHER QUESTION. PEOPLE SAY DONALD TRUMP GOES THAT MUCH FURTHER, THEN HE DIALS BACK. IT COULD BE DIFFERENT THIS TIME. > > MAYBE. THERE IS A LOT AT STAKE. ONE THING THAT HAS NOT BEEN BROUGHT UP TO SOMEONE LIKE APPLE, WHERE THE ADMINISTRATION HAS SAID THAT WAR CHEST OFFSHORE, WE WANT THAT BROUGHT IN AND WE WILL GIVE YOU TAX CONCESSIONS. APPLE HAS SAID WE MAY BRING SOME MANUFACTURING BACK TO THE U.S.. THAT IS THE KIND OF THING TRUMP WANTS. EVEN THOUGH HE IS BEING FIRM IN HIS VERBAL TONE, THERE ARE SOME THINGS THAT MAY COME OUT OF IT. FOXCONN AND SO FORTH, THE ASSEMBLY FOR APPLE, THERE MAY BE SOME CONCESSIONS THAT ALLOW SOME MUTUALLY BENEFICIAL ASPECTS, BETTER TRADE TERMS. RISHAAD: THIS ALSO GOES TO THIS BEING POLITICAL OR IDEOLOGICAL, AMERICA FIRST, ALSO DOVETAILS INTO THE THINKING THAT WE HAVE TO KEEP OUR HEGEMONY IN THE WORLD. THERE IS THAT ELEMENT CERTAINLY. THE MIDTERMS AND THE POLITICS. RISHAAD: EXACTLY. > > WE TRIED TO STAY APOLITICAL. ANOTHER ASPECT THAT WAS BROUGHT UP THIS MORNING IS INDONESIA SAID THIS IS SOMETHING THE WTO SHOULD LOOK AT. JAPAN AND THE EU AND SO FORTH ARE TALKING ABOUT COMING ON BOARD. I THINK IT ALSO NEEDS TO BE REMEMBERED THAT CHINA REALLY WANTS TO BECOME A DEVELOPED NATION CLASSIFICATION WITHIN THE WTO. THERE IS A WINDOW FOR TRUMP TO TAKE, NOT ADVANTAGE, BUT THE FACT THAT CHINA IS NOT CONSIDERED A DEVELOPED NATION, WHICH MEANS HE CAN ' T CONSIDER ANTI-DUMPING TARIFFS. HE MAY LOSE THAT WINDOW GIVEN THE HIGH CLASSIFICATION. RISHAAD:

No schedule data available.

Parry Sees Lots of Postulating on Trade Tariffs

Parry Global Group Managing Director Gavin Parry discusses the additional tariffs on Chinese goods ordered by President Trump. Parry speaks on "Bloomberg Markets." (Source: Bloomberg)

More From Bloomberg Markets
All episodes and clips