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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. ...
Former New Hampshire Gov. Chris Sununu on Trump tariffs: Uncertainty is driving supply chain issues
CNBC Television· 2025-08-06 11:32
Now for the latest on the Trump administration's global tariff fights and much more. We're joined by former New Hampshire Governor Chris Cenounu. Governor, let's talk through what we know at the moment.President Trump told us yesterday that he could be raising tariffs significantly on India as soon as today. I I think that's scaring everybody. Um the issue right now is all the uncertainty here is driving supply chain issues.That's what I hear all over the place. You hear that from who. From businesses. From ...
X @Bloomberg
Bloomberg· 2025-08-06 09:04
Donald Trump isn’t letting up on his quest to remake global trade in America’s favor, saying he will impose increased tariffs on countries buying energy from Russia: Here is your Evening Briefing. https://t.co/MENha3IFGO ...
Snap: American Users' Lack Of Interest Is A Major Problem
Seeking Alpha· 2025-08-06 07:04
We're in the thick of the Q2 earnings season, and we're finally getting to see the impacts that tariffs and the challenged macroeconomy are having on actual business results: and in many cases, the results aren't as pretty as the highflying stock market Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...
'Just to shock everyone': Trump threatens Switzerland, E.U. with massive tariffs
MSNBC· 2025-08-06 04:30
It is time for money, power, politics. We've got a lot to discuss. The president is escalating his global trade tariff war again.Swiss leaders traveled to DC earlier today after the president said he would slap the country. Switzerland Switzerland with a 39% tariff, which is one of the highest yet. That means your favorite products like chocolate, watches, high-end skin care could all cost a whole lot more if no deal is reached.And the threats didn't stop there. The president also said the EU would be hit w ...
‘Very, very troublesome development’: Economist reacts to potential new BLS chief
MSNBC· 2025-08-05 21:15
Joining us now, New York Times chief White House correspondent and MSNBC political analyst Peter Baker and US national editor for the Financial Times, Ed Loose, and former chairman of the Council of Economic Adviserss and former chief economist and economic policy adviser to Vice President Biden, Jared Bernstein. Gentlemen, thanks for being with us. Jared, Ste Bannon is pushing hard for the chief economist for the Heritage Foundation, who was also a contributor to Project 2025.Now that that is even being fl ...
Fmr. Treasury Sec. Mnuchin on tariffs: Some businesses 'will be winners and some will be losers'
CNBC Television· 2025-08-05 21:00
There there was a big correction in the market after liberation day which were much much higher levels and quite concerning uh across the board and there was some question as to whether they were going to be to negotiate or not. Um right now the market is is looking at some certainty and some uncertainty. Um clearly the market's driven right now by a lot of AI spending a lot of capex in technology.This is all very very good things for the US economy on trade. I think it's going to take time to see how these ...
Fmr. Treasury Secretary Mnuchin on what Trump hopes to achieve with tariffs
CNBC Television· 2025-08-05 20:30
Trade Policy Objectives - The president aims to rebalance trading relationships for greater equality [1] - Tariffs are viewed as a revenue-generating tool [2] Tariff Impact & Revenue - A 10% baseline tariff across the board could generate over $2 trillion over a long period, significantly impacting the budget deficit [2] - Current tariffs range between 15% and 30% [2] Market Adjustment - The market is gradually adjusting to a higher baseline tariff environment [3] - Progress appears to be underway regarding trade with China [3]
X @Investopedia
Investopedia· 2025-08-05 20:00
President Donald Trump has said his tariffs were designed to close the gap between the amount of goods imported and exported. The U.S. trade deficit declined in June, but tariffs may have played an unexpected role. https://t.co/h7lKuw2B1O ...
X @The Wall Street Journal
From @WSJopinion: Absent amid the MAGA triumphalism has been any consideration of what can’t be seen—the economic activity that hasn’t and won’t happen because of the tariffs, writes @MattHennessey https://t.co/pfukwzUdJc ...