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Gold Imports Won't Face US Tariffs, Trump Says
Bloomberg Television· 2025-08-11 18:25
As we turn to gold, the president continuing to flood the zone. In his second hundred days. Well, I guess we're beyond that now.We're in we're at 205 or something today. GOLD Yes, indeed. The president untruth social gold will not be tariff, he says, exclamation point.That's the whole post. Remembering the back and forth next week that sent gold to the moon and then a whole round trip back to where we started. Following reports that imported gold bars would be tariffs.Mike McGlone joined us. He's back now w ...
Trump Says ‘Not Up to Me’ to Make a Deal With Putin
Bloomberg Television· 2025-08-11 16:19
I thought it was very respectful that the president of Russia is coming to our country as opposed to us going to his country or even a third, third party place. But I think we'll have constructive conversations then after that meeting immediately. Maybe as I'm flying out, maybe as I'm leaving the room, I'll be calling the European leaders.So I get along with very well and, you know, have a great relationship, I think, with all of them. And I get along with Zelensky. But, you know, I disagree with what he's ...
US Farmers Are Leading the Way in Soybean Sustainability | Presented by CME Group
Bloomberg Television· 2025-08-11 15:58
American farmers have dramatically reduced the environmental impact of soybean production per bushel over the last decades, solidifying the US soybean industry as a leader in sustainable agricultural production. Since 1980, US producers have cut land use by an average of 47%, water consumption by 61% and energy use by 45% per bushel of soybeans grown nationally. Additionally, greenhouse gas emissions have decreased by 42% and soil erosion has been reduced by 35%.Central to this progress is the US soy sustai ...
Trump to Take Control of DC Police Department, Deploy National Guard
Bloomberg Television· 2025-08-11 15:20
I'm announcing a historic action to rescue our nation's capital from crime, bloodshed, bedlam and squalor and worse. This is Liberation Day in D. C.and we're going to take our capital back. We're taking it back. Under the authority vested in me as the president of the United States, I'm officially invoking Section 740 of the District of Columbia Home Rule Act.You know what that is. And placing the D. C.Metropolitan Police Department under direct federal control. And you'll be meeting the people that will be ...
Bitcoin Closes in on All-Time High
Bloomberg Television· 2025-08-11 14:37
But we also want to talk about crypto here. Bitcoin at fresh all time highs similar to what we're seeing in the stock market. Danny.And as you might expect, these crypto equities circle Coinbase also rallying very hard to start this week. Yeah, they are again as you say, bitcoin up there at all time highs. Institutional investors, corporate treasury, they are all adding to their exposure.Year to date were up just under 30%. Bloomberg Cross asset reporter Isabel Lee joins us now with the details. What detail ...
Apple Is Missing the Boat on AI, Says Ives
Bloomberg Television· 2025-08-11 13:53
You've come out and said this is the BlackBerry moment for Apple. Why. The reason it's a BlackBerry moment is that when it comes to it's invisible.The strategy that Cook and Cupertino have. And right now, this essentially in big tech. It's an F1 race in Monza and Cook is on a park bench drinking lemonade, watching it go by internally.It's not going to happen. There's no development that's going to happen internally to get Apple into the game when it comes to and we've talked about it, whether it's perplexit ...
Nvidia, AMD Had to Make Deal With Trump, Ives Says
Bloomberg Television· 2025-08-11 13:35
The price of an 820 chip in China just go up overnight by 15%. I mean, look, the reality is the cost of doing business. Right.And I think when you look at Jensen, you look at anyone in the semi world, you need access to China and it comes down to this is ultimately the path that they're going to have to go through. You'll get investors, it's obviously a headwind short of risk or shocker. But the reality is, is that you need to get into China.What you got to do. Given where we were a few months ago, is this ...
Trump Urges China to Massively Step Up Soybean Purchases
Bloomberg Television· 2025-08-11 11:36
We're also getting, of course, you know, a little bit of noise on soybeans and China. Is there an agreement. Are we near an agreement between the U.S. and China.But our understanding is there isn't currently an agreement, but they could certainly be one. And Donald Trump was was floating that saying that he'd like China to buy a lot more US soybeans. But the timing is interesting because we're coming obviously to the rollover of the US-China trade truce.We're also coming weeks before US farmers harvest thei ...
US Gold Futures Fall as Traders Await Tariff Clarification
Bloomberg Television· 2025-08-11 11:34
What sort of clarification might we get from the White House today. Well, that's what everyone's watching for. We're not sure.Is it going to come today or later in this week. They said on Friday that they would be issuing a executive order to address, as they said, misinformation in the gold markets. And that was basically coming after on Thursday and through Friday, we had this quite dramatic.Customs and Border Protection Agency ruling, which essentially said that 108 spires or kilo bars of gold, which are ...
Nvidia, AMD to Pay US 15% of China AI Chip Sales Revenue
Bloomberg Television· 2025-08-11 11:09
How is this going to work. 15% of sales, 15% of the revenues that they make from those sales into the China market. Of the 20 when it comes to NVIDIA or AMD's equivalent.Once they start shipping those, they will get the export license. According to this report, if they pay that 15% into the US Treasury, that apparently is how it's going to work. There are legal questions around this. If this is categorized as an export tax, potentially there are legal challenges to this.But according to our reporting, this ...