In his Bloomberg TV interview, Schwarzman also covered a range of topics from trade to rates. Highlights include:
- U.S. President Donald Trump is looking for “equivalence in terms of open markets and tariffs and trade.” Trump’s strategy is intended to “bring people to the table so that you can get to equal.”
- Given negative rates in Europe and somewhat slower U.S. growth, “it’s sort of logical that U.S. interest rates might come down a little bit.”
--With assistance from Francine Lacqua.
This article was provided by Bloomberg News.