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US Envoy Witkoff Meets Putin in the Kremlin
Bloomberg Television· 2025-08-06 12:42
President Donald Trump's special envoy, Steve Witkoff, met with Russian President Vladimir Putin in the Kremlin for almost three hours on Wednesday according to the Interfax news service. Trump wants to end Russia's war with Ukraine by Aug. 8. Trump says Russia could face further sanctions if the fighting does not stop. -------- 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/ysu5 ...
Swiss President Makes Emergency Trip to Washington to Talk Tariffs
Bloomberg Television· 2025-08-06 11:44
What do we know about who she's actually got to meet. We understand Marco Rubio. Is she going to get a meeting with a trade representative, which is why she's there.This is very unclear. That's the problem. We really only know about Rubio.This has been announced in his agenda by the State Department. However, as we obviously know, Rubio has not been involved in the trade negotiations. So it's, you know, kind of a useless meeting to to say it bluntly.We still don't know if she's going to meet the president b ...
Trump Says US Close to Trade Deal With China
Bloomberg Television· 2025-08-06 11:42
Trade continues to dominate the headlines, with President Trump threatening new or higher levies on countries and products while some U.S. partners continue negotiating better deals. Swiss President Karin Keller-Sutter is in Washington pushing to lower the 39% tariff imposed last week. Japan's chief negotiator is also traveling to the US in pursuit of promised cuts to auto tariffs.Meanwhile, Trump says he'll announce levies on pharmaceutical and chip imports in the next week or so. He's also threatening inc ...
OpenAI Floats Share Sale at $500 Billion Valuation
Bloomberg Television· 2025-08-06 11:40
Peter. 500 billion. I mean, suddenly everything changes in terms of valuations for the big leaders.Yeah, it's quite a scoop. I mean, really, this is this is open air trying to reward some of its employees, its current employees and its former employees. Back in the old days, startups just didn't do this sort of thing.They didn't want people to be able to cash out of their stock, partly because they thought it would maybe lose some interest in the company. Also, they didn't want them to get too rich, that th ...
Swiss President Arrives in US to Seek Lower Tariffs
Bloomberg Television· 2025-08-06 11:39
We know she arrived in Washington yesterday evening and is trying to facilitate any meetings. To our knowledge, there are no meetings. There were no meetings set up beforehand.And she's really just hoping to meet officials there who might be busy with other talks. As we heard, they were speaking to India at the moment. So it really is unclear at this moment whom she is meeting and what she can achieve.But clearly the goal is to make sure that those tariffs of 39%, which would otherwise come into effect on T ...
Trump Says He Will Decide on Fed Governor Before End of the Week
Bloomberg Television· 2025-08-06 11:38
President Sullinsky just signed a law allowing for citizens aged 60 and above to serve in the military. We've seen dozens of videos of young men being hauled into vans and dragged to the front lines against their will. And we've even seen videos of a young man with Down syndromes serving on the front line.You when you campaigned, you said you wanted to see the people stop dying. A lot of people admired that statement. Now the people dying are elderly, mentally handicapped, and uh conscripts.So even if a cea ...
Trump Envoy Visits Moscow in Bid to End War in Ukraine
Bloomberg Television· 2025-08-06 11:38
The US Special envoy Steve Witkoff has arrived in Moscow for meetings with officials, according to Russian media. It comes as the Kremlin mulls an air truce with Ukraine ahead of Trump's August 8th deadline. We're now joined by Marc Champion, who covers international affairs for Bloomberg Opinion.Marc, thank you for joining us. Really great stories in columns, actually, that you've written in the last couple of weeks. What should we be expecting from meetings in Moscow today.Well, it's a very good question. ...
Could President Trump Involve FBI in Texas Redistricting?
Bloomberg Television· 2025-08-06 11:29
Does the president have a point. Are Democrats kind of counteracting your argument that what Texas is doing is wrong. No, not at all.Typically, state legislatures, whether they're in blue states or red states, they adjust district boundaries at the beginning of the decade. And yes, they gerrymanders. Sometimes Democrats do it, sometimes Republicans do it.It is wrong in either instance, because politicians shouldn't be picking their voters. Voters should be picking their politicians. But what's happening her ...
Trump says he'll name a new Fed Governor this week
Bloomberg Television· 2025-08-06 11:28
Federal Reserve Leadership - The decision on a replacement for the Fed governor will be made before the end of the week [1] - The term for the Fed governor replacement will be for a four-month period or for permanence [1] - There are a couple of candidates being considered for the Fed governor position [1] - The search for the Fed chair has been narrowed down to four people [1] - Two of the candidates for Fed chair are named Kevin [2]
There's No End Point to the Tariffs Story: 3-Minute MLIV
Bloomberg Television· 2025-08-06 08:23
Talk to us a little bit about this kind of thinking here, because it's not just India that's facing this. There's a lot of folks in the air space, Brazil, Mexico, among others, that now have to position their military policy with respect to expectations on the trade front. How do you position for that.I think just like companies, they're going to wait as long as possible to react, just like the Fed is doing as well. So I think one of the themes that many people got wrong, including myself earlier this year, ...