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US-China Tariff Truce Extension: Ex-Trade Diplomat on Negotiations, Export Controls
Bloomberg Television· 2025-08-12 00:51
Every other trade deal has been concluded very quickly. What is the pace of this one telling you. Well, there's not a lot of time for these negotiations to proceed.So I think it's extremely important that both sides have agreed to a tariff rollover. So now they can really put their energies and attention on the key outstanding issues, including export controls, critical minerals, excess capacity, you name it. There's lots of issues on the agenda and not a lot of time to come up with negotiated solutions.Let ...
S&P, Dow Slips Ahead of CPI Hearing | Closing Bell
Bloomberg Television· 2025-08-11 20:35
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Vonnie Quinn taking you through to that closing bell with a global cybercast. It started with Tim Stenovec in the radio booth.Isabelle Lee in today for Carol Massar. Welcome to our audiences across all of our Bloomberg platforms Television, radio, YouTube. Tim Stanley back here on an interesting day here, a day where we see the markets move lower only fractionally.But of course, this is ahead of some key economic ...
Lithium prices surged after one of the world's largest mines closed in China
Bloomberg Television· 2025-08-11 20:25
Lithium prices are surging from multi-year lows, sparked by the shutdown of one of the world's largest mines. So, what could this mean for the cost of batteries, particularly electric vehicles and consumer electronics. China's CL, the world's largest EV battery maker, has suspended operations at a major lithium mine in Yuchun, Djang Xi.The mine is no small player. It supplies around 3 to 5% of the main kind of lithium used in EV batteries. A prolonged closure could tighten global supply and erode an industr ...
Trump Could Let Nvidia Sell Scaled-Down Blackwell Chip to China
Bloomberg Television· 2025-08-11 20:17
On China. Your administration agreed to send the most advanced or advanced NVIDIA and AMD chips obsolete now obsolete in well and in 50%. Probably in the twenties.No. Obsolete. No obsolete.Well, and then 50% army in the twenties. No, no, that's. This is an old chip that China already has.And I deal with Jensen, who is a great guy. And Nvidia, the chip that we're talking about, the H-20. It's it's an old chip.China already has it in a different form, different name, but they have it or they have a combinatio ...
Hyperlocal Deliveries Fuel 300% Stock Rise for Shopee Owner Sea
Bloomberg Television· 2025-08-11 20:00
Delivery people like this retiree are key to e-commerce platform shopppee success in Southeast Asia. Although Shopppee is competing with big names like Amazon, Alibaba, and Teimu in the region, it's managed to come out on top with the biggest market share. Its parent company C's share price has rebounded more than 300% since the start of 2024.During the pandemic, C started investing heavily in its own logistics arm, SPX Express. This helped it scale up and fend off competition. But beyond large-scale invest ...
Trump-Putin Summit: Will a Deal About Ukraine be Reached in Alaska?
Bloomberg Television· 2025-08-11 19:59
Normally in diplomacy, you would hold that back a trip to the United States. We all remember when Trump raised the prospect in his first term of the Taliban coming to Camp David, and there were a lot of us sitting around. Maybe the reason they didn't come was that's just so strategically stupid.Yeah. And now we're inviting the leader of a country that's invaded an ally not to sign an agreement, not because he's made major, major concessions just to feel each other out, according to the president earlier tod ...
Trump Confirms Nvidia Chips Payment | Balance of Power 8/11/2025
Bloomberg Television· 2025-08-11 19:42
Live from Washington, D. C. This is balance of power with Joe Matthew.Donald Trump prepares for the most important meeting of his presidency. Welcome to the Monday edition. On the early side here on balance of power, as we look to Friday's summit between President Trump and Vladimir Putin, we'll talk about the stakes and chances for peace with Brett Bruen from the Global situation Room coming up in just a moment.Chipmakers in vedere and AMD will pay the administration to sell air chips in China. We're going ...
Why Trump is still under fire for his handling of Epstein case
Bloomberg Television· 2025-08-11 19:21
the whole thing is a hoax and that's just a way of trying to divert attention to something that's total. >> The Jeffrey Epstein case continues to shadow President Trump and his administration. Epstein was charged in 2019 with sex trafficking in minors, but died by suicide while locked up awaiting trial.Now, Trump and his team have been under growing pressure from both supporters and critics to follow through on the president's campaign commitment to make public a trove of government documents about the case ...
Colombia Presidential Hopeful Dies Two Months After Shooting
Bloomberg Television· 2025-08-11 19:18
Senator Miguel Uribe Turbay, a Colombian presidential hopeful who had warned that the nation was slipping back into its violent past, died two months after being gunned down while campaigning in Bogotá. He was 39 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, pro ...
Krugman: Waller 'Solid,' Which Means He Won't Be Chosen
Bloomberg Television· 2025-08-11 18:57
Professor, I'm also really curious to hear your thoughts on the Federal Reserve and the horse race that's developing for who is going to replace Jerome Powell. The Wall Street Journal just reported that Trump has added James Bullard and Marc Summerlin to his list of potential candidates. When you think about what is developing really this sort of dog and pony show in plain sight, and it seems like the market is coalescing to the idea that we're going to get some pretty hefty rate cuts come next May.What do ...