hugo rogers with us as well.the nation today, there is no other way to put it. i'm not a big fan of the phrase spy chief, but maybe that is what he is. mr. maguire will testify. really interesting. joseph maguire, the acting director of national intelligence. this is bloomberg. ♪ ♪ >> trade wars are not good for anyone. they are not good for the u.s., they are not good for china, they are not good for emerging markets. >> while globalization has been great and trade has lifted hundreds of millions of people out of a pretty, there is -- out of poverty, there is the other side of that. >> we look at china perhaps in a different way. there are clearly serious trade related issues that have to get dealt with. i look at china as more as a glass half-full. >> the chinese government has many more levers to rely upon than most other governments do. i think they are very focused on ensuring the effects of the trade tensions are not felt to the full extreme. >>two countries have started as a result of false starts and a va