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Canada's Ng On Trade Tariff Risks, Economic Impact
Bloomberg Television· 2025-10-04 06:00
There are tremendous opportunities for Canada. And I would say to Southeast Asia, and you heard me say this before, come to Canada. I mean, you know, we're here at the Milken Institute.We're talking about capital. So much of the capital today is talking about where is it that they can actually find places for global diversification. I would say Canada is a great place because the other thing we hear from so many of the capital investors here is they're looking for predictability.They're looking for countrie ...
Stocks Muted Ahead of Powell; President Trump to Speak at UNGA | Bloomberg Brief 9/23/2025
Bloomberg Television· 2025-09-23 11:27
It's 5AM in New York City. Good morning. I'm Vonnie Quinn with your Bloomberg Brief.Here's what you need to know. World leaders in New York City, the UN general assembly set to kick off in midtown manhattan. President trump is scheduled to speak playing diplomacy.The US ambassador to china says washington and Beijing are in talks for a huge Boeing aircraft order, and US stocks hit another record high of the year. Investors awaiting Fed Chair Powell speech later today and the latest PMI data. And that's wher ...
X @Bloomberg
Bloomberg· 2025-09-23 11:10
Indian officials will ask US trade negotiators this week to ease access for thousands of skilled workers, days after President Donald Trump’s abrupt announcement on restricting H-1B visas https://t.co/L08Pppsb5l ...
China drops Google antitrust probe during US trade talks, FT reports
Reuters· 2025-09-18 04:37
Core Insights - China is discontinuing an antitrust investigation into Google, indicating a potential easing of regulatory scrutiny amid ongoing trade discussions with the U.S. regarding TikTok and Nvidia [1] Group 1 - The decision to drop the antitrust probe reflects a strategic move by China as it engages in heightened trade negotiations with the United States [1] - The context of this development is set against a backdrop of increasing tensions between China and the U.S., particularly concerning technology and trade issues [1]
Trump, Modi Speak in Bid to Ease Clash Over Tariffs, Oil
Bloomberg Television· 2025-09-17 15:20
Sticking with that trade front, President Trump says he's spoken to Indian Prime Minister Narendra Modi, in a move that could ease tensions between the two major economies. The call came after the two nations resumed trade negotiations. Let's get more with our senior editor, Derek Wallbank, joining us for more.I mean, Derek, I found it so interesting. You can see in that social media post that he said he had a wonderful call with India's Narendra Modi. But how did that become a wonderful call.When you look ...
U.S. Commerce Secretary Lutnick: India has to stop buying Russian oil
CNBC Television· 2025-09-11 15:24
I mean, how since since you're here, you know, we we want to talk to you about your role, of course, and some of what you have on your plate, which is a lot, including the trade negotiations. Who are which ones are you most focused on right now? Well, we have we're going to sort out India. You know, India basically has to open their market, has to stop buying Russian oil. You know, people don't remember India didn't buy Russian oil before the war with Russia and Ukraine. They had 1% of their oil was from Ru ...
China’s Xi Redraws Geopolitical Map With Embrace of Putin, Modi
Bloomberg Television· 2025-09-02 19:38
We had heard from President Trump over the long weekend when it came to the negotiations with India, saying that they had suggested that they could reduce their tariffs down to zero. But he didn't fully open the door that these discussions with India are going to reopen. And keep in mind, we have seen the Trump administration double tariffs to 50% the other week, 25%.Is that so-called reciprocal tariff rate stacked on top of that was that additional 25% over India's imports of Russian energy supplies. Now, ...
Trump's 50% Tariffs on India to Start Wednesday
Bloomberg Television· 2025-08-25 14:14
Trade Relations between US and India - US concerns over trade deficit with India, citing higher tariffs and non-tariff barriers that negatively impact American workers and businesses [1] - India uses revenue from trade with the US to purchase Russian oil, raising further concerns [1] India's Stance and Response - India will continue to buy oil from wherever it gets the best deal, despite potential penalties [2] - India views itself as unfairly singled out regarding secondary tariffs, pointing to China as a larger importer of Russian crude [4] - India is maintaining its autonomy and balancing alliances by continuing to import Russian energy supplies [4] US Tariff Threat and Negotiations - The US is threatening to impose 50% tariffs on India [2][3][6] - There's no guarantee the White House will offer trade concessions to India [3] - Trade talks have stalled, particularly concerning US agricultural products [6] - India has hired a lobbying firm with close ties to the White House to advance trade talks [6] - The US has nominated an ambassador to India, potentially indicating progress in trade relations [6] Bloomberg Economics Analysis - Bloomberg Economics analysts suggest India will continue importing Russian oil to secure energy supplies and keep domestic prices low, which are important for its growth [3]
Bloomberg Opinion: China's Long Game on Trade Is Working
Bloomberg Television· 2025-08-13 04:41
US-China Trade Negotiation Dynamics - China has navigated trade negotiations with the US without making significant concessions, only small compromises [1] - The outcome of these negotiations has primarily been agreements to continue discussions, providing the Chinese Communist Party with more time to plan for economic challenges [2] China's Economic Strategy - China aims to become more self-reliant in response to potential US tariffs [3] - Innovation within China, especially in the tech sector, has accelerated due to pressure from the US [5] - Delaying concrete trade negotiations allows China more time to advance its self-reliance initiatives [5] Political and Social Implications - The narrative of the US and the West attempting to suppress China is used to rally citizens [6] - The government promotes the idea that enduring short-term pain will lead to long-term success [6] Long-Term Strategy - State-run media references the philosophy of protracted war, similar to the Mao era, to guide the approach to the trade war [7][8][9] - China is prepared to withstand the economic impact of the trade war for the long term [10] - The Chinese government is willing to accept short-term economic pain to achieve long-term victory [10]
Nvidia doesn't need China, says Longview Global's Dewardric McNeal
CNBC Television· 2025-08-11 21:58
For more on the China trade developments, let's bring in CNBC contributor Dardrick McNeel, who served in the Obama administration. He's now senior policy analyst at Long View Global. Deardric, great to see you.Um, I want to pick up where Dan left off and that is we sort of or the Chinese now have a window as to how to proceed with negotiations more so than they did before perhaps. I mean, I you know, somebody I I read this somewhere, the monetization of US trade policy is what we're witnessing right now. yo ...