Bloomberg's Nizza on Trump's Visit With President Nieto (Audio)

in the market for cloud based software and services. Stocks lower today, the SMP five hundred index down five points to twenty one seventy, down two tenths of one percent. For the month of August, the SMP five hundred index fell one tenth of one percent down. Industrials flower by fifty three points today, ending the month at eighteen thousand, four hundred. A drop today of three tenths of one percent.

Has stacked down two tenths of one percent. Gold down four eight ouncet oh eight, A drop there of four tenths of one percent. I'm Charlie Pellet, and that's a Bloomberg Business splash. This is taking stock with Pim's Box and Kathleen Hayes on Bloomberg Radio Donald Trump UH and a candidate for the US presidency, the actual Mexican President, their meeting this afternoon. The it was the meeting was announced just hours beforehand, but apparently there was an agenda

already hammered out by both sides to set this up. Now, this is the same Donald Trump who famously said, as his campaign was getting off the ground during the primaries that the US would build a wall with Mexico to keep out illegal immigrants and Mexican would Mexic would pay for it. This just you kind of wonder if this is you know, Lamb's lying down with lions or what. But anyway to make sense for it. Now, we're very happy to welcome back to the show from our Bloomberg

Politics team, Mike NEETs. In fact, he's the executive editor for Bloomberg Politics. A Mike, what's going on the world is a complicated place, isn't it though? And fascinatingly interesting? Yes, And we're all kind of struggling to compute all the angles here on what's going on today. And and like you said, what we started thinking about just a few

hours ago late last night. Um, you know, Trump has a lot to gain by going abroad and and uh looking presidential and standing shoulder shoulder with the leader of another nation, especially one that he uh, a nation that he's criticized so heavily during his campaign. UM, and the Mexican leader apparently had had a lot to gain to his His approval ratings in Mexico are extremely low right now.

He's heading into a State of the Union later this week, and he's got a few he's got a plagiarism scandal dealing with that he's dealing with too, So I think he wanted to change the subject. So is how unusual is it for uh a sitting president of any country to meet with someone who's running for office from the United States. It's six extremely unusual, and especially in this formula of a setting. Uh. We really can't think of

another time that this has happened. Obviously, Uh there's that that old saying about politics stops at the water's edge for for Americans and UH, and that there's no parties once you go abroad, but when you're campaigning on one side, that's kind of different. And I think there's there's even some uh, some serious uh ways that this expresses itself, such as, UH, whether Donald Trump can actually engage in

negotiations with a foreign leader as opposed to discussions. So I think they're they're being very careful and describing everything happening today and everything happened in the run up to this meeting as discussions and not anything more serious response from the Clinton camp. Yeah, they're they're trying to remind everyone about how how harsh Donald Trump has been towards Mexico and how uh no matter what happens today, it won't change the fact that he that that he said

certain things and that he stands for certain things. So they're really trying to focus on the substance rather than the you know, the style of this event. So this is obviously occurring today. Donald Trump is getting ready to give a speech on immigration. How do we gonna how do you expect what happens to day to weave into

that speech? So yeah, I think if you take a step back and look look at what people were saying about Trump and his immigration proposals maybe two weeks ago, uh, it looked like he was a bit of a mess. He was him and his advisers were saying a lot of contradictory things about what he stood for and what

he didn't stand for. UM, it was very confusing. They canceled an immigration speech once they they looked like they were really they were also in the middle of overhauling the campaign that UH, Paul Mantaforth, the former campaign chairman left and and uh two others took over, and so that they kind of looked like they didn't they weren't sure about what they were going to do. But that has culminated, it culminated today with this kind of bold series of events that look that that look like the

product of a lot of planning. Okay, Hispanic leaders in the United States, elected officials, leaders of various organizations. One are some of the latest things they've said. Do we have any response today for many of those people about Trump meeting with and the opinion yet Mexico's president. Yeah, so the meeting is going going on right now, So I'm really curious to hear what they think once it's over.

But I think the the uh, the comments that I saw before and earlier today, we're all quite negative, you know, kind of in the spirit of what Hillary Clinton said that that he said a lot of things and he stands for a lot of things, and no meeting can So what if Donald Trump says comes out and says, you know what, I think Mexico is a great country. I think Mexicans are great people, and I think he has said words to that effect. What he said is

he thinks that there's too many Mexican criminals. He's visiting the said rapists who are immigrating. He's also said he thinks that illegal immigration not going through the proper channels is wrong. So what if he says, I still think that. But guess what, I know that we have tons of Hispanics, you know, children of immigrants who got who legally I'm all for them, I'm all for the country. Does that somehow start treating the tide for Donald Trump. So it's

certainly a softening, it's certainly something worth trying for him. Uh. It's it's unclear whether his policies can change that much given the coalition he's put together so far. But if he saw softens on certain things such as those, he might be able to attract more of the areas he's struggling with, such as women. When you say the coalitions put together to be mostly white men as opposed to Hispanic or African America. What do you mean by so

not so? White men and women without college degrees are kind of the main core, and they it is cool in the people running his campaign you mean his followers, then he's solition. Okay, So what does he have to do in your mind? You got about thirty seconds left her. I mean, is there anything he can do to convince the rank and file, the people on the street, the middle the middle class of this country who are descended for um, you know, Hispanic immigrants, that he is on

their side somehow. So I really think we have to take this day by day. Donald Trump may and today very positively. You know, he he might have gone all the way to Mexico, had a productive discussion and then uh precedent with with the Mexican president deliver speech. It could all be uh, it could all be quite substantive. But he's got put together a lot more days. It's gonna make that presidential debate all the more interesting. Mike needs to thank you so very much, executive editor for

Bloomberg Politics. I want to thank Reggie Basil, our technical director, Sam linga Are, producer Pim Fox on vacation. Hi, Pim, come back soon. I'm Kathleen Hayes, and this is Bloomberg. Coming up on Bloomberg Law. The federal government lodging some antitrust complaints against Deer and Mons Santo. Greg Store from Washington on Bloomberg Law, coming up on Bloomberg Radio. This is Bloomberg