Good morning from the financial times. Today is Friday September 18th. This is your ft news briefing.
Tick Tock might be hitting the US Stock Market and Donald Trump Envoy to Northern Ireland warrants against creating a hard border by accident + Democratic Presidential nominee. Joe. Biden is struggling to capture America's Latino vote. So what does that mean with just about a month and a half until the election?
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The Trump Administration spend Thursday reviewing proposals on The Tick Tock Oracle partnership and it looks like a US IPO is on the table to help satisfy the White House Detox owner by Dan Le Grita list of video sharing app on a US Stock Market at some point one person said the initial public offering could happen within a year, but there are still concerns over whether the Trump Administration would allow the china-based bytedance to retain a majority stake in the new company.
And a former white house chief of staff is weighing in on brexit over the past few weeks. We've learned that prime minister Boris Johnson wants to introduce new laws that are causing drama between the UK and EU the legislation would limit the eu's influence on Customs Arrangements in subsidies in Northern Ireland. If there's no trade deal by the end of the year, Mick Mulvaney is now President Trump special Envoy to Northern Ireland. He told the Ft. He's been assured that no one wants to see a hard border between the Republic in Northern Ireland. There are concerns over what this new element means for a potential trade deal between the US and UK US Presidential hopeful, Joe Biden said a deal would be scrapped if the UK's internal Market Bill undermines the Northern Ireland peace process.
I just have one thing to say.
Hang on there.
All right.
That was Joe Biden playing on his phone the song despacito famously performed by Puerto Rican artist Luis fonsi. And the Democratic presidential candidate played it right before a Hispanic Heritage Month event in Kissimmee, Florida earlier this week. It was kind of a cringe-worthy moment, but it's actually a perfect way of describing Biden's trouble drumming of enthusiasm with latino voters. There just isn't enough noise that right now Latino votes in swing states such as Florida are important. So or Latino vote in Arizona, one of the traditionally Republican states Biden is trying to get the vote Democrat with me now with the ft's DC bureau chief to be free 7 stop Hilo. Let me join me regularly in the final weeks leading up to the u.s. Election day Dimitri Mark, how are you how to buy Johnny? Yes, only six or seven weeks to go now. That's right. That's right. The things are heating up and especially in Arizona. So what is going on there?
Arizona is a fascinating state. It has been a Republican state for a long long time Harry Truman to Democrat won at 1948 Bill Clinton won at 1996. And there's only two times in the last 70 years that the state road ID for a democrat in the presidential election. And it's not just the presidential race that goes right. We should mention here voters go Republican in mini down-ballot races to so what does put it in play this year. The main thing is a demographic Trends which are affecting near the whole of America particularly in in the southwest in places like Arizona, Texas Nevada in over the years you've had increased immigration from Mexico Latin America into the southwestern states. You have overtime how did migration of all Americans for particular Latinos from parts of California that are very expensive into some of those states which are cheaper places to live generally answer the kind of combination of those.
Friends means that you have a growing Latino population in a state like Arizona and Latinos vote for Democrats. It's important to point that out but the large majority of them so does just a larger number of potential Democratic voters in a site like Arizona. The other thing that's been happening is because of a whole range of kind of anti-immigration RIT immigrant measures locally in Arizona rhetoric from Donald Trump about immigrants by building a wall. You have kind of more reasons for Tiffany young Latinos with old Latinas in a state like Arizona to become more interested in politics alot of things that have happened in the Years leading up to the selection that Joe Biden isn't hurting more Latinos moving into Arizona anti-immigration rhetoric from Trump.
Is it working? It's interesting. If you talk to the Biden campaign, they will say they're investing a lot of money there. Although they won't actually say how much they've invested in Arizona. They're doing a lot of virtual campaigning because the Biden campaign in contrast with the Trump campaign is largely virtual. There's not very much knocking on doors. So they're investing digitally the running your lungs spanish-language odds, in addition to English language arts. They set up a can of a Latino Council which is a group of Latino Americans who can advise them on your water the key issues that matter to Latinos in the State Buckeye Arizona to all of those things are good. But you know, I spent the last couple of weeks talkin to advocacy groups and activists both nationally and on the ground in Arizona, they all pretty much uniformly say is that Joe Biden got off to a slow start but that he's catching up but they say that actually he's just not doing enough and the people in the campaign on Democrat.
She say don't invest too much in the Latino Community. Now, they make the argument that Latinos historically have a lower propensity to vote than other segments of the electric now, that's true. When you look at the date of but this kind of two reasons that critics of that argument will give to explain what's going on. When is they say they Latinos in America tend to be younger than other segments of the population of younger people in every race and ethnicity in America vote at lower levels in older people. But the other thing is they argued that the Democrats haven't invested in Latinos over the years and that's true for the Republicans too. By the way. I'm so lucky. I haven't invested back in Democrats and it's a two-way street unless you take the Latino population seriously and their issue. Seriously. Why are they going to come out and vote for you on Election Day a really interesting inside their Dimitri and because of that point it might mean Biden could have a rougher time reaching Latino voters.
I want to switch gears and talk about Republicans for a second and you mentioned Trump has had a history of anti-immigration rhetoric. What is his Camp doing to reach Latinos now?
I think it's probably easier to find out that the Trump campaign has no illusions that they're going to win the majority of Latino voters in America. All they want to do is win over enough Latinos. Hopefully boost their performance from 4 years ago, so that it makes it harder for Joe Biden to win an overall majority in the kind of in the critical swing states of that their game plan. Now in terms of what they've been doing, which you Democrats privately say to me. Is there quite impressed with you know, that the Latino community in America is in itself very diverse time. So with the Trump campaign has been doing is tearing messages to the Latino communities in different states. So if you're talkin to Latin Americans in Florida where there is much heavier Venezuelan on Cuban presents, you know, a lot of those people came from autocratic dictatorial regimes in their in their home countries and a very concerned about communism and socialism. So you say Joe Biden is a socialist if he wins in November you're going to have to
Castro in the White House when you're choking slot casinos in Arizona, there's an awful lot of more people who originated from Mexico. So you tell your message slightly differently. Another think Trump is doing is focusing on an argument that he's using nationally, but he's also tailoring it to latino man. I'm not is yes, the pandemic is terrible and the Public Health crisis is awful and it's people are dying. The Democrats want to keep the country clothes do they want the economies to remain in lockdown? They don't want you to work out of Joe Biden gets elected you a latino man who's providing for your family in Arizona are not going to be able to cuz Joe Biden's not going to let you work now. I'll talk to some throw Democratic after this on the ground in Arizona and they say that would some Latino men. Message is resonating now. I'm glad you brought up a pandemic. How is the way that the Trump Administration reacted so far terms of stimulus Beetle letting States handle their own lockdown
How might that influence their vote?
I think that's definitely one of the things that is going to if I like to know voter is on the fence. That's one of the things that will incline them to go more to buy them than Trump on. It's certainly true that the Biden campaign in Arizona as in other states is one of their kind of core messages is we are in one of the biggest crises Too Faced America in a long long time and Donald Trump is not fit for office and he is not coming up with any coherent policies to Taco the pandemic both in terms of how you deal with the public health problem. And also how you can open up the economy slowly but a lot will depend on how the number of cases that we have between now and November 3rd, you know, whether a vaccine comes out and lots of other factors. So it's an argument fighting is making on it's definitely resonating but how much it will resonate at the end of the day. It's still obviously too early to tell me 370 is RDC bureau chief. Thanks for coming on Dimitri.
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