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Trump Vows Substantial India Tariff Hike | Balance of Power: Early Edition 8/04/2025
Bloomberg Television· 2025-08-04 19:05
>> LIVE FROM WASHINGTON, D.C., THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ. JOE: PRESIDENT TRUMP IS HIRING. WELCOME TO "BALANCE OF POWER. " THE PRESIDENT SAYS HE WILL ANNOUNCE A NEW FED GOVERNOR AND NEW BLS COMMISSIONER IN THE NEXT COUPLE DAYS. WE WILL TALK ABOUT THE JOB SEARCH AND WHETHER IT IS POSSIBLE TO ACTUALLY RIG ECONOMIC DATA. I AM JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON. THE PRESIDENT CONTENDING THAT THE JOBS REPORT WAS WRITTEN BY SOMEONE WITH POLITICAL MOTIVATION. KAILEY: ...
How Trump’s tariffs could impact the Swiss watch industry
CNBC Television· 2025-08-04 18:18
Robert Frank has the details on this. So, dish, Robert, what is it. >> Well, Becky, it's the Swiss watch industry.They were in a panic over the weekend. That's because the US is by far their largest market in the world, totaling over $5 billion in sales last year. A 39% tariff that would be scheduled to take effect Thursday.That would virtually shut down sales. An analyst at Vontovo saying, quote, "It would be devastating for numerous brands in Switzerland." Now those brands are more dependent than ever on ...
Ether Suddenly On A Tear | Bloomberg ETF IQ 8/4/2025
Bloomberg Television· 2025-08-04 17:29
>> WELCOME TO "BLOOMBERG ETF IQ." KATIE: THERE IS A LOT TO KEEP PUSLE OF. SCARLET: AFTER WE CARE OF THE JOBS REPORT AND EARNINGS. KATIE: THAT IS A BIG ONE.LET'S GET TO THE BIGGEST WORRIES RIGHT NOW. $17 TRILLION GLOBAL ETF INDUSTRY. WE START WITH STOCKS REBOUNDING AFTER THE SELLOFF ON FRIDAY FUELED BY WEAK JOBS DATA.SCARLET: IN A FEW MINUTES WE WILL SPEAK WITH TRAVIS SPENCE. ON THE RECORD FLOW. KATIE: WE WILL DISCUSS WHY THE FUNDS ARE HAVING A HUGE BOOST EMERGING FROM BITCOIN.ALL OF THAT AND MORE. ERIC IS W ...
X @Bloomberg
Bloomberg· 2025-08-04 15:08
President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over New Delhi’s purchases of Russian oil https://t.co/fQLREklyA5 ...
X @Watcher.Guru
Watcher.Guru· 2025-08-04 15:00
JUST IN: 🇺🇸🇮🇳 President Trump says he "will be substantially raising the tariff paid by India to the USA." ...
NEC Director Kevin Hassett: For the most part, the tariff uncertainty period is behind us
CNBC Television· 2025-08-04 15:00
A CEO actually asked me over the weekend, do you think that these trade deals are going to be open for negotiation in an ongoing way. Not the ones that haven't been reached, but even the ones that have been reached. So for example, you know, in Europe, there's going to be a debate, I imagine, between the US and Europe over time about uh big tech and digital taxes and the like and whether the tariff piece in in the future becomes a chess piece in that meaning that either you move it, you know, you move the t ...
Swiss
Bloomberg Television· 2025-08-04 14:49
Yeah, I would say it was a huge disappointment when we were hearing the conversation and the negotiation with Switzerland and the US. It seemed like they were in the right going in the right direction that Switzerland executive were expecting some good news to come out of the tariff and I think it really came in as a shock. Now the reality for the Swiss equity market is that a lot of negative news was already in the price and this is probably why the market reaction this morning is quite negative but not ov ...
How Trump Let $1 Trillion Worth of Imports Escape His Tariff Hammer
Bloomberg Television· 2025-08-04 13:46
My fellow Americans, this is Liberation Day. On April 2nd, which is now known as Liberation Day, President Donald Trump announced sweeping tariffs, the largest in modern US history. He called the new policy a declaration of economic independence.His administration insisted no company would be spared unless they start building their products in America. But in the months since that day, the reality is that many companies and entire sectors have been quietly exempted, often without explanation. The executive ...