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  • 00:00POWER " ON BLOOMBERG TELEVISION AND RADIO. I ' M DAVID WESTIN. THE NEWS ON A POSSIBLE U.S. CHINA TRADE DEAL CHANGES JUST ABOUT EVERY SINGLE DAY, AND AT SOME POINT, IT ' S WORTH ASKING, HOW BAD DOES THE U.S. WANT OR NEED A DEAL? DAVID PURDUE OF GEORGIA SPOKE JUST YESTERDAY AND WARNED OF THE DANGERS OF A POSSIBLE ECONOMIC COLD WAR THE COUNTRIES, SAYING IN PART, " WE NEED CHINA AND THE UNITED STATES TO BECOME A COOPERATIVE FORCE IN THE WORLD TODAY. IF WE DON ' T, IT COULD TURN INTO A VERY DARK WORLD OVER THE NEXT 50 YEARS. " WE WELCOME NOW A COLLEAGUE OF SENATOR PURDUE, RICK SCOTT OF FLORIDA. WELCOME BACK, ALWAYS GREAT TO HAVE YOU. I KNOW THAT YOU KNOW DAVID PURDUE WELL. YOU AGREE, THAT WE HAVE TO FIGURE OUT A COOPERATIVE ARRANGEMENT WITH CHINA, OR THINGS WILL BE BAD FOR EVERYONE? RICK: WE CAN ALWAYS HOPE BUT YOU CANNOT DO A DEAL BY YOURSELF. I AM A BUSINESS GUY, I LOVE TO DO DEALS, BUT IF THEY DON ' T WANT TO DO THE DEAL, YOU CANNOT DO IT. COMMUNIST CHINA, ARE THEY GOING TO OPEN UP THEIR MARKETS? NO. ARE THEY GOING TO LET THE MILLION UIGHURS OUT OF PRISON? PROBABLY NOT. ARE THEY GOING TO GIVE RIGHTS TO HONG KONG CITIZENS? NO. STOP MILITARIZING THE SOUTH CHINA SEA? NO. HOW CAN YOU DO A DEAL WITH SOMEBODY WHO DOESN ' T WANT TO DO WITH YOU? WE WOULD LOVE TO HAVE MORE TRADE. I AM FROM A STATE THAT IS TIED TO TRADE, BUT COMMUNIST CHINA, I DON ' T BELIEVE THEY WILL CHANGE. I DON ' T SEE A DEAL HAPPENING. I BELIEVE WE WILL END UP HEADING TOWARD A COLD WAR, BUT IT IS NOT AMERICA ' S CHOICE, BUT COMMUNIST CHINA. DAVID: COULD YOU DO A DEAL ON PART OF THAT? WE KNOW THE HOUSE AND SENATE ARE DOING ON LEGISLATION, DEALING WITH THE UIGHURS TUITION. THE CHINESE GOVERNMENT IS REACTING TO THAT. CAN YOU SEPARATE THAT FROM TRADE? RICK: IF YOU LOOK AT THE FABRIC OF THIS COUNTRY, WE STAND UP FOR PEOPLE. WE STAND UP FOR THE LITTLE GUY, THE PEOPLE THAT ARE OPPRESSED. THAT IS WHAT THIS COUNTRY IS MADE OF. AND SENATE ARE DOING ON LEGISLATION, DEALING WITH THE UIGHURS TUITION. WE CANNOT JUST SAY THAT WE DON ' T CARE ABOUT A MILLION PEOPLE IN PRISON BECAUSE OF THEIR RELIGION. I DON ' T BELIEVE THE OLYMPICS ARE GOING TO BE IN CHINA IN 2022. I THINK COMPANIES ARE GOING TO SAY TO THEMSELVES, WE CANNOT DO BUSINESS IN A PLACE WHERE THEY TREAT PEOPLE THE WAY THEY TREAT THEM. UNTIL CHINA DECIDES TO CHANGE, THERE IS NOT MUCH HOPE RIGHT NOW. DAVID: TALK ABOUT THE FUTURE GROWTH OF THE UNITED STATES, ITS ECONOMY, IT ' S PEOPLE. IF WE HAVE A COLD MORE -- YOU SAY IT IS NOT YOUR PREFERENCE, BUT IT IS POSSIBLE. IF WE HAVE THAT, WHAT DOES THAT MEAN FOR U.S. GROWTH? CAN WE GROW WITHOUT CHINA? RICK: ABSOLUTELY. WE ARE THE INNOVATORS. TODAY, WE HAVE THE BEST ECONOMY IN THE WORLD. THINK ABOUT IT, PEOPLE ARE FLOCKING TO COME TO THIS COUNTRY. WE HAVE TO FIGURE OUT OUR IMMIGRATION POLICIES, MAKE SURE THEY WORK. PEOPLE WANT TO DO BUSINESS HERE BECAUSE THERE IS A RULE OF LAW HERE. THE COUNTRIES THAT FOLLOW THE RULE OF LAW, ALLOW INNOVATION, ALLOW PEOPLE LIKE ME TO COME FROM PUBLIC HOUSING TO GO AND BUILD BUSINESSES -- THAT IS WHY COUNTRIES LIKE AMERICA WILL PROSPER AND ULTIMATELY PLACES LIKE CHINA, RUSSIA, IRAN, VENEZUELA, WILL CONTINUE TO STRUGGLE. DAVID: WE ARE TALKING WITH RICK SCOTT OF FLORIDA. TALK ABOUT YOUR CONSTITUENTS ON THIS ISSUE, U.S. AND CHINA. WHAT DO YOUR CONSTITUENTS TALK ABOUT, HOW MUCH DO THEY CARE ABOUT CHINA? DO THEY HAVE OTHER THINGS THEY CARE ABOUT MORE? ARE THEY WITH THE PRESIDENT ON HIS APPROACH? RICK: WHEN THEY TALK TO ME, EVERYBODY WOULD LOVE TO SEE MORE TRADE. WE HAVE 15 SEAPORTS IN OUR STATE. I INVESTED $1.4 BILLION IN OUR PORTS, WE WANT TO SEE MORE TRADE. BUT PEOPLE UNDERSTAND AMERICA STANDS UP FOR HUMAN RIGHTS. PUTTING PEOPLE IN PRISON FOR THEIR RELIGION, NOT ALLOWING NBA PLAYERS TO TALK TO THE PRESS, TAKEN AWAY THE RIGHTS OF HONG KONG CITIZENS, PEOPLE TALK TO ME ABOUT THOSE THINGS ALSO, NOT JUST ABOUT INCREASING TRADE AND GETTING MORE JOBS. WE CAN HAVE BOTH. IF WE STAND UP FOR WHAT WE BELIEVE IN, THIS COUNTRY WILL CONTINUE TO PROSPER. DAVID: WHEN YOU LOOK AT BARB PARTISANSHIP IN THE COUNTRY RIGHT NOW, FOREIGN POLICY WAS TRADITIONALLY A PLACE WHERE THE DIVISIONS ENDED AT THE BORDER. IS THIS AREA WITH RESPECT TO TRADE AND CHINA WHERE YOU MIGHT SEE SOME BIPARTISANSHIP? CERTAINLY IN THE HONG KONG LEGISLATION AND THE UIGHURS LEGISLATION, IT IS BOTH SIDES OF THE AISLE. RICK: IT IS TRUE ON HONG KONG, UIGHURS. IN THE SENATE, I THINK EVERYBODY IS STARTING TO UNDERSTAND THAT, UNFORTUNATELY, CHINA HAS TAKEN ADVANTAGE OF AMERICA FOR A LONG TIME AND WE CANNOT ALLOW THAT TO CONTINUE. IT IS NOT ONLY HURTING OUR JOBS, THEY ARE KILLING OUR CITIZENS BY INTENTIONALLY SENDING FENTANYL INTO THIS COUNTRY. THEY ARE NOT ACTING LIKE OUR FRIENDS. DAVID: THANK YOU, SENATOR.
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Sen. Rick Scott Doesn't See U.S.-China Trade Deal Happening

  • Bloomberg Markets

  • Balance of Power

December 6th, 2019, 2:17 AM GMT+0000

Senator Rick Scott, a Republican from Florida, discusses how he does not see China and the U.S. coming to a trade deal. He speaks with Bloomberg's David Westin on "Balance of Power." (Source: Bloomberg)


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