Axios’ VandeHei on Tariffs: CEOs Are Warning of Empty Shelves in Two Weeks

BRZEZINSKI So while questions ░░░░░░░░ remain on negotiations with ░░░░░░░░ the White House is ░░░░░░░░ close to general trade ░░░░░░░░ with Japan and India ░░░░░░░░ details of the trade ░░░░░░░░ are still being worked ░░░░░░░░ According to Politico the ░░░░░░░░ are closer to memorandums ░░░░░░░░ understanding or a broad ░░░░░░░░ for future deals Jim ░░░░░░░░ you guys are writing ░░░░░░░░ what s happening behind ░░░░░░░░ scenes and what sort ░░░░░░░░ led to this moment ░░░░░░░░ VANDEHEI Yeah BRZEZINSKI saying ░░░░░░░░ President Trump got a ░░░░░░░░ from CEOs and the ░░░░░░░░ on Monday What has ░░░░░░░░ to what we re ░░░░░░░░ today VANDEHEI Yeah I ░░░░░░░░ the important takeaway would ░░░░░░░░ in the last 24 ░░░░░░░░ I d say for ░░░░░░░░ first time we feel ░░░░░░░░ in talking to White ░░░░░░░░ officials they re starting ░░░░░░░░ make progress in persuading ░░░░░░░░ that what he did ░░░░░░░░ on was too dangerous ░░░░░░░░ is really having ramifications ░░░░░░░░ go beyond what he ░░░░░░░░ seeing in his line ░░░░░░░░ sight Very important meeting ░░░░░░░░ in the White House ░░░░░░░░ had the CEOs of ░░░░░░░░ of Target Home Depot ░░░░░░░░ the president warning him ░░░░░░░░ bluntly saying Listen like ░░░░░░░░ re going to have ░░░░░░░░ increases soon You re ░░░░░░░░ to have empty shelves ░░░░░░░░ a lot of our ░░░░░░░░ You BRZEZINSKI Like in ░░░░░░░░ weeks VANDEHEI Like in ░░░░░░░░ weeks BRZEZINSKI Yeah VANDEHEI ░░░░░░░░ you re going to ░░░░░░░░ smaller companies going under ░░░░░░░░ they re so reliant ░░░░░░░░ trade and that that ░░░░░░░░ t showed up yet ░░░░░░░░ the stores but it ░░░░░░░░ soon And I think ░░░░░░░░ combination of that watching ░░░░░░░░ markets hearing from other ░░░░░░░░ across different sectors saying ░░░░░░░░ same thing does appear ░░░░░░░░ I put quotes around ░░░░░░░░ because the president really ░░░░░░░░ dug in on on ░░░░░░░░ as a theory but ░░░░░░░░ at least the White ░░░░░░░░ officials who are trying ░░░░░░░░ persuade him are And ░░░░░░░░ is an important thing ░░░░░░░░ note about Trump Like ░░░░░░░░ someone who runs a ░░░░░░░░ as a CEO you ░░░░░░░░ people around you who ░░░░░░░░ look at you and ░░░░░░░░ You know what That ░░░░░░░░ a dumb idea And ░░░░░░░░ d say it bluntly ░░░░░░░░ that s a dangerous ░░░░░░░░ And say it bluntly ░░░░░░░░ doesn t have that ░░░░░░░░ when you re trying ░░░░░░░░ persuade him people have ░░░░░░░░ either bring in other ░░░░░░░░ that he respects or ░░░░░░░░ have to say No ░░░░░░░░ sir this is actually ░░░░░░░░ genius idea if you ░░░░░░░░ you move it this ░░░░░░░░ And so the process ░░░░░░░░ moving him is taking ░░░░░░░░ lot longer than those ░░░░░░░░ don t like the ░░░░░░░░ internally would hope So ░░░░░░░░ ll see if he ░░░░░░░░ on this track but ░░░░░░░░ the comment on China ░░░░░░░░ the comment on Powell ░░░░░░░░ idea that that was ░░░░░░░░ media making it up ░░░░░░░░ he wanted to fire ░░░░░░░░ They were reacting to ░░░░░░░░ social media posts where ░░░░░░░░ basically called him a ░░░░░░░░ and said that he ░░░░░░░░ a loser and shouldn ░░░░░░░░ be in the gig ░░░░░░░░ is he saying he ░░░░░░░░ be fired No but ░░░░░░░░ else interpreting that might ░░░░░░░░ might be fair to ░░░░░░░░ it as that way.”