david: very helpful, henrietta. the red still ahead, we talk about how the president can take the action he has against mexican imports and the ramifications for all u.s. trade negotiations with everyone with the president of the international foreign trade council. that is coming up next. this is bloomberg. ♪ david: you are watching "balance of power." i am david westin president trump esther and to impose 5% tariffs on goods in an effort to curtail people crossing from the united states into mexico illegally. he is proceeding under the emergency economic hours act which allows presidents to declare an emergency went he finds it to be an important national security, foreign policy or economic threat. we welcome the former deputy andctor general of the wto, president of the international foreign trade council. thank you so much for being on bloomberg. you can put up with the statute, in which it says the president may regulate foreign trade. is it clear that the president has this authority, even though it has nev

henrietta: i don't buy it. i'm much more focused on how this trade war is very helpful to the president's reelection campaign. his ability to have a bogeyman. his ability to run against a joe biden on the left. he is not well served by releasing any major proposal at this major juncture. he would only get pummeled by the democrats as we spend the next 18 months if china is living up to the expectations. i think that the dow is something the president sees. director kudlow is in his ear, but i don't think it is the primary motivator for the president. caroline: more pain eventually to come. we have seen emerging market etf outflows reaching the most in 11 months. it dropped, the main trading guage below the average. how much pain will be factored in? >> i agree, there is more pain to come, but i think we are in a different data regime. if you look at last year, we have a dovish fed now. the central banks and emerging markets have the capacity to stimulate, whereas before they didn't with the fed rate -- hiking r

and at kindergarten where henrietta is dropping off her daughter is unlike any i've ever seen. who's cold? >> are you cold? no, you're not cold? are you cold? >> no. nobody's cold. how come i'm the only one that's cold? >> a special outdoor kindergarten, where rain, snow or shine, class is held outside. >> okay. >> i'm telling them how the sun don't shine here. >> right. >> for two months. >> she has been teaching kids like this, out here in nature, for more than ten years. >> in february, the sun is back. ♪ >> i feel like i'm on call here. there's really no adults around. she's really getting high up there in the tree. it's pretty cold. it's rainy today. does this bother them? >> it's cold. >> i hear this a lot. >> they love this. if i ask the 6-year-olds if they want to stay inside or go out in the middle of the winter, 80% of them says i want to go outside. >> it sounds simple. but studies show that kids engaged outdoors, have critical thinking and a reduction of adhd simple tom symptoms. what does it mean for kids like this. >> they are free in a way. there's no boundarie

and at kindergarten where henrietta is dropping off her daughter is unlike any i've ever seen. >> it's cold. are you cold? no? you're not cold. are you cold? >> no. >> nobody's cold. how come i'm the ome one that is cold. >> a special outdoor kindergarten, where rain, snow or shine, class is held outside. >> this, out here in nature, for more than ten years. >> in february, the sun is back. so you'll be in school again. >> i feel like i'm on call here. there are really no adults around. she is getting pretty high up there in the tree. pretty cold. rainy today. does this bother them? >> is it cold? >> i hear that a lot. >> they love this. if i ask the six years old, if they want to stay inside or want to go out, in the middle of the winter, 80% of them say they want to go outside. >> it sounds simple but studies have shown that kids engaged outdoors have better creative thinking and thinking, and a reduction of adhd-like symptoms. >> what does it mean long-term for these kids? kids who have educated this way versus more traditional? >> i think they are free out here in a way. there are

my name is henrietta. i've seen community agencies come through there, half of them come through there now, ain't worth nothing because they lie for the kids. but most of the time, when your child is in trouble, you need to start at home. i have a child. i have nieces and nephew and none of them have been up to juvenile hall, because i don't play that with them. they don't have rights when somebody else is taking care of them. and these laws that is happening now, they're full of crap. the kids can't do this, can't do that. you got to give them boundaries. you got to set boundaries for these kids. you wouldn't have them up there juvenile hall. but we do good up there. even me as a secretary. i have went with probation officers to kids' houses, kids who was in the hospital, and that is maybe because i love kids. but what you all trying to do is wrong. dead wrong. >> my name is jojo, i'm the district 8 youth commissioner. placing young people in detention does not create safety for them and the community. sa

it was created by our founder and his wife henrietta. he came here in 1854 from the rochester, new york area and know you know how rochester, minnesota got its name. we are coming into downtown. of the seeking some tallest buildings in the country and a city with a population of under 200,000. right here on south broadway, you will see some of our older buildings, both left and right, that date back to the 1800s. they showcase what the rest of broadway used to look like with this architecture. >> how has the architecture changed? clinic and the growth of its campus over the the downtownhanged of rochester in dramatic ways. in fact, mayo clinic owns over 40 buildings in the city of rochester and occupies over the 40 buildings. this will give you an idea of how much the downtown has changed. there is a plaque on the building on the corner that talks about this building once being the early medical offices ww mail, the father of the mayo clinic. he started this. , 1891, they occupied a very small office building in downtown rochester. when

this is unicef's executive director henrietta fore. >> each day, another eight children wilill be killed, injured, or recruited to the fighting. and every 10 minutes, another child will dieie from preventabe cause. like a lack of food with 360,000 children suffering f from severe acute malnutrition. in fact, half of the children under five years old in yemen, there are 2.5 million children, are stunted. and stunting, as you know, is irreversible. yeyemen is a test of our humani. and right now we a are badly failing this test.t. police arrested four activists thursday inside the venezuelan embassy after they spent weeks occupying the building at the invitation of venezuela's government in order to prevent it from being taken over by venezuela's u.s.-backed opposition. the venezuelan government criticized the arrests, calling them a violation of the vienna treaty of 1961, which protects diplomatic missions around the world. this is codepink activist tighe barry. >> if the embassy and washington, d.c., is taken, what says the embassy i in venezuelar the american embassssy in venezuela can b

it was created by our founder, george head, and his wife, henrietta. he came here in 1854 from the rochester, new york, area and now you know how rochester, minnesota, got its name. we're coming into downtown, you're seeing some of the tallest buildings in the country in a city with a population of under 200,000. right here on south broadway, you will see some of our older buildings, both left and right, that date back to the 1800's. they showcase what the rest of broadway used to look like with the main street architecture. >> how has the architecture changed? has mateo clinic changed the landscape of rochester? >> definitely the mayo clinic and the growth of its campus over the decades has changed downtown of rochester in dramatic ways. in fact, mayo clinic owns over 40 buildings in the city of ochester and occupies over the -- over this will give you an idea of how much the downtown has changed. there is a plaque on the building that talks about this building once being the early medical offices of dr. w.w. mayo, the father of the mayo brothers, who

and i was like, well, have you ever heard of henrietta wax. so this woman becomes completely invisible, yet her sells live on. the important that is interesting in he is that german researchers took upon themselves to map the entire gino and throw that online. so for her family, henry at ack jacques's family, their history is online. so while it's for health insurance companies to use dna evidence from ancestors against you, that is not the case four life information companies. so her family was like, hey, wait. my grandmother was denied a form of cervical dancer. i would have an after life. and there's been work to remediate that. these are the things that come up. those of you more familiar with my work, i'll make this my last example before gleting the right to be remembered and gopro. that tupac hologram, it's a burr in my side. because, you know, somebody i'm -- i can't -- i'm not going to remember right now. and so analogies to the journalist who buildiwrote this acting like tupac is not the same as being tupac. and that who will owe gra