Gina Raimondo on How European Industry Is Getting Crushed | Odd Lots

The relationship between the US and Europe is deteriorating along both security and economic dimensions. The Trump administration has imposed tariffs, while also being sharply critical of NATO allies. So what are European leaders to do? Hope things go back to normal in the US? Or perhaps become closer with China? Our guest on this episode says the latter would be a grave mistake. This episode was recorded live on April 1 at the DC headquarters of the Council on Foreign Relations. We spoke with Gina Raimondo, now a CFR Distinguished Fellow, who previously served as the commerce secretary in the Biden Administration, and prior to that was the governor of Rhode Island. She discusses her view that European industry is being hollowed out by China. We also talk about the legacy of the CHIPS Act, and her fears about AI creating mass unemployment and destabilizing our democracy. Chapters: 00:00:00 - Opening Remarks on AI and American Competitiveness 00:01:41 - US-Europe Relations and NATO Tensions 00:03:21 - Economic Security and the China Challenge 00:06:27 - European Industrial Decline and US Interests 00:09:01 - Allied Cooperation vs. Self-Sufficiency 00:13:51 - Business Engagement with China 00:16:44 - AI Development and Transition Challenges 00:20:10 - Corporate Responsibility and Government Role 00:24:08 - Political Response to AI Challenges 00:28:02 - Real-World AI Adoption and Optimism 00:31:02 - Theory on New Job Creation 00:33:04 - CHIPS Act Implementation and AI Foresight 00:36:37 - CHIPS Act Success and Political Continuity 00:39:05 - Supply Chain Vulnerabilities and Strategic Goals 00:42:56 - Future Trading Relationships and Pragmatic Partnerships Watch Bloomberg Vodcasts: https://www.youtube.com/playlist?list=PLe4PRejZgr0MS0Tqk_zQl1LVVTdWuH2Di Watch more Odd Lots episodes: https://www.youtube.com/playlist?list=PLe4PRejZgr0OJbRzA6nWybYiThLJd_ouz Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Join the conversation: discord.gg/oddlots Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots: https://youtube.com/playlist?list=PLe4PRejZgr0MuA6M0zkZyy-99-qc87wKV Get the Odd Lots newsletter: https://www.bloomberg.com/account/newsletters/oddlots And for all things Odd Lots, visit https://www.bloomberg.com/oddlots #Investing #Markets #Finance #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts For coverage on news, markets and more: http://www.bloomberg.com/video Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg

GPT-4正在为你翻译摘要中......

翻译全文