About this Video

• Video Title: Bill Gates tells Fareed Zakaria what he thinks of Trump’s tariffs
• Channel: CNN
• Speakers: Bill Gates, Fareed Zakaria
• Duration: 00:04:05

Introduction

This CNN interview features Fareed Zakaria questioning Bill Gates about his perspective on the state of the global and US economies, particularly concerning the impact of tariffs. The discussion centers on the uncertainty created by tariffs and their potential negative effects on investment and economic growth.

Key Takeaways

• Uncertainty in economic policy hinders investment: Bill Gates highlights that the uncertainty caused by tariffs discourages long-term investments, as businesses need predictable policies for planning.
• Tariffs are self-imposed damage: The interview underscores that the current tariffs are self-imposed and potentially damaging to the US economy.
• Tech bans on China have unintended consequences: The tech bans on China, while intended to hinder their technological progress, have inadvertently spurred their development of domestic alternatives.
• Resilience of the US economy: Despite economic uncertainties, the US economy shows resilience, as indicated by job numbers that have not been severely affected.
• Focus on global collaboration: Gates emphasizes the importance of international cooperation and avoiding actions that negatively impact developing nations.