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GOP Reaches Tentative SALT Deal at $40K Cap | Balance of Power Late Edition 6/27/2025
Bloomberg Television· 2025-06-28 00:07
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative Mike Lawler (R) NY shares his thoughts on tentatively reaching a deal on SALT with his Republican colleagues in the Senate. Elizabeth Wydra, President of the Constitutional Accountability Center, & Rep. Sam Liccardo discuss the US Supreme Court's rulings and the impact of these rulings. PWC National Tax Office Co-Leader Rohit Kumar talks about what to expect from the US Senate as the ...
Hodge: Retailers are overstocking to brace for potential tariffs
CNBC Television· 2025-06-27 12:09
All right. What do you make of this slight upticks in PCE. What does that mean potentially for the Fed.The idea that while inflation has certainly moderated over the last couple years, it seems to be kind of sticky above 2%. Yeah, I do think we're going to see a fairly benign print today uh somewhere in the mid teens uh with regards to basis points on the month-on-month gain. As far as what it means for the Fed, Powell had his testimony in front of Congress just this past week and he had to defend the lack ...
X @Bloomberg
Bloomberg· 2025-06-27 11:00
Stocks gain as the US moved closer to trade deals with China, while expectations are rising for interest-rate cuts this year. Get market insight on Bloomberg Surveillance. @tomkeene @davidgura @LisaMateoTV are LIVE on YouTube. https://t.co/m9IglISGoz ...
US-China Trade Truce Signed, Treasury Kills 'Revenge Tax' | Bloomberg The Pulse 06/27
Bloomberg Television· 2025-06-27 10:40
FOR THE CONVERSATIONS THAT MATTER AND INSIGHTS YOU NEED, LET'S GET STARTED. ♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE WITH FRANCINE LACQUA." FRANCINE: GOOD MORNING AND WELCOME.TRUMP'S TARIFFS AND TAXES DOMINATING THE NEWS AGENDA. WE WILL HAVE TEAM COVERAGE OF TRADE DEALS AND THE SO-CALLED BIG, BEAUTIFUL BILL. FIRST, THE LATEST ON TRADE. U.S.COMMERCE SECRETARY HOWARD LUTNICK SAYS WASHINGTON AND CHINA HAVE FINALIZED A TRADE TRUCE. IT SETS OUT TERMS FROM EARLIER TALKS IT STILL DEPENDS ON FUTURE ACT ...
X @Bloomberg
Bloomberg· 2025-06-27 05:16
The EU’s choices likely come down to accepting a lopsided trade deal with the US or pushing back and risking tariff escalation. Read the Brussels Edition https://t.co/kQuqeHkFqs ...
X @The Wall Street Journal
Vox Media co-founder and CEO Jim Bankoff weighs in on whether AI content deals benefit publishers at WSJ’s Journal House in Cannes. https://t.co/MMbtWcznwg ...
X @The Economist
The Economist· 2025-06-27 00:13
Bringing about a nuclear deal and normalisation with Iran will be very hard—especially for a president with a short attention span and a tendency to improvise. But Donald Trump has strengths, too. If he is to win, much hard work lies ahead https://t.co/bnvDwtyhFv ...
Lutnick on SALT Cap Talks, Trade Deals and Trump Card
Bloomberg Television· 2025-06-26 21:56
You, of course, just left the East Room where President Trump held this one big, beautiful event celebrating a bill that has yet to pass the Senate or repass the House. And obviously the parliamentarian in the Senate has thrown up some hurdles today. Is the parliamentarian making this effort harder, making it harder to meet the president's deadline of July 4th.I think reconciliation has a process and we all respect the process. So I think they just going through the way they do things in the Senate and I th ...
WH: The tariff deadline is not critical.
Yahoo Finance· 2025-06-26 20:30
on the July deadline that's coming up for the trade deals. Uh is that deadline still hard and fast for the president or is he now considering even coming to trade deals after that deadline and where is he on the going forward. The president has been asked this quite a few times by many of you in the media.I've heard him answer it at press conferences. He just spoke about it on Air Force One. Uh the deadline is not critical.The president can simply uh provide these countries with a deal if they refuse to mak ...
White House Says Trump’s July 9 Trade Deadline Could Be Extended | WSJ News
WSJ News· 2025-06-26 19:02
- [Interviewer] On the July deadlines coming up for the trade deals, is that deadline still hard and fast for the president, or is he now considering even coming to trade deals after that deadline. And where is he on that going forward. - I think the president has been asked this quite a few times by many of you in the media.I've heard him answer it at press conferences and at gaggles, he just spoke about it on Air Force One, the deadline is not critical. The president can simply provide these countries wit ...