lou: and howard schultz is reciprocating.s he gives you a pretty clear idea why xi jinping was delighted to talk with him. >> is it in our national interest to have a fight with mexico, canada, the e.u., china, nato? is it in our interest? give me a break. no, it's not in our interest. these are our friends. these are our allies. we are much better as a country being part of the world order. lou: and all you have to do to do that is call china a friend and an ally. i mean, howard schultz is being disingenuous. he's also lying through his teeth. we aren't in a fight with mexico nor canada. they have a great new trade agreement as a result of this president. the same is true with our relationship with the e.u. now. it's -- your thoughts. >> yeah. well, howard schultz was making up history. and the other thing is in other comments he made he was talking about the, quote-unquote, trade war and how bad it was. well, it was important for president trump to impose costs on china for stealing u.s. intellectual china to the tune of $5

his name is howard schultz. today he's giving me the full story. how it started. where it's going. e jaw dropping moments it took to get here. howard: i started to cry. kate: wow. howard: i was embarrassed and i think at that moment i was prepared to walk away. from the many challenges of just getting started to then crafting a world class brand, to the ultimate question: what's next for howard schultz? kate: would you ever consider running for president? ♪♪ kate: what's better in life, then a bottle of wine, great food, and an amazing conversation. my name is kate sullivan and i am the host of

in a letter to howard schultz, he wrote i hope starbucks will make active efforts to promote china-u.s. economic and trade cooperation and the development of bilateral relations. you see china as a competitor of the u.s., not an enemy. interesting as biden takes office. coming up, bonds dropping like stone as the prime minister loses his majority. and we talk to our guest. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. alix: this is the european market, just epic contact -- one trimester is planning to -- is struggling to hold onto power. joining us from rome is john. what can we expect? >> time is running out for him, he is under pressure from the head of state, who oversees the

in a letter to chairman howard schultz he said he hopes starbucks will make active efforts to remoteooperation and bilateral relations. schulz previously set china is a competitor with the u.s. rather than an enemy. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. ♪ >> with no long-term supply, with maximum fiscal and monetary stimulus, the combined backup and the tail winds make this one of the best commodity cycles ever. you should see 100 to 300% returns. lisa: that was dwight anderson, osprey management founder talking about the expectations of fiscal and monetary support. we will continue that conversation on the open. lisa shalett helping us carry that conversation forward as people look to the joe biden administration's plan at 7:15 this evening. tom: we will see. looking forward to that. right now jeffrey currie of goldman sachs on the surge in oil. many people are modeling this at the top end of the range. can you model a top end of oil throug

kevin: well, what will be driving markets within this package is clearly what is targeted at howard schultzclearly. the infrastructure confidence of the package will be very much looked at. what i would say -- what gathers most of our attention is how such a package will be financed really so taxes are going to make it. it would be a tax on households, on high worth households, which would be taxed. companies will be making most of this to issue bonds and increasing the deficits. this will be, we guess, very much driving going forward. matt: we talked to tony blair yesterday. no big deal. former prime minister of the u.k., anna and myself. he said he thought about wealth taxes for most of his career, but they simply do not work out the way you want them to. do you expect the u.s. to really go down that road, redistributive taxes? clearly, the democratic party -- it is pegged as a party that would make that kind of move, but economists do not always think it is a smart one. kevin: well, the thing is that either we get taxes, tax hikes, or we get massive deficits, and that is what happened in