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'We've got a real disaster': Farmers struggle amid rising costs and Trump's tariffs
MSNBC· 2025-09-10 23:50
Hundreds of farmers in Arkansas gathered at a town hall last week to ask Congress for help. Mounting debt, aging equipment, and disappearing profits are making it nearly impossible for them to break even, let alone to turn a profit. One of those farmers calls the president's tariffs quote the ice cream on top of the a cake of a perfect storm.He joins us now, Arkansas farmer Scott Brown, who attended last week's town hall. Scott, really good to have you. Thank you so much for joining us. Thank you for having ...
X @Bloomberg
Bloomberg· 2025-09-08 00:18
The collapse of the Russian market has intensified the pressure on Chinese manufacturers to ramp up exports to other places overseas https://t.co/e7meYZb8Qs ...
US Economy: Jobless Claims Rise, Trade Gap Widens
Bloomberg Television· 2025-09-04 14:31
We can see the trade deficit widens to $78.3% billion from 60.2% billion. And that's largely because we imported a lot. 55.9% increase in imports. 3/10 percent increase in exports.Get back to that in a second. Jobless claims now to 37, a little bit higher than anticipated. The 230 was the forecast last week to 29.The continuing claims number 1,940,000. That's down from 1,000,009 44. So some mixed numbers on jobless claims.Probably don't add anything to the narrative of what's going on in the labor market. N ...
X @Bloomberg
Bloomberg· 2025-09-04 06:16
Asia’s export hubs are showing surprisingly robust economic results a month after US “reciprocal tariffs” came into force https://t.co/OJ0NOR100Y ...
X @Bloomberg
Bloomberg· 2025-09-04 03:05
RT Advait Palepu (@advait_px)https://t.co/sozMrF8nyoSeveral of India's billionaire-backed businesses will feel a direct impact of the 50% tariff on Indian exports by the US, while other large business houses are caught in the crosshair of Washinton's shift in policy towards New Delhi ...
Petrobras Can Withstand Tariff Pressure, CEO Says
Bloomberg Television· 2025-09-02 23:27
Market Dynamics & Trade Impacts - The company views the 50% tariffs imposed by the US on Brazil as manageable, as exports can be redirected to India, China, and Asia [1] - The company continues to export to the United States despite tariffs and intends to maintain trade relations [2] - High tariffs imposed on India by the US, intended to pressure them to stop buying crude from Russia, could present an opportunity for increased petrogas exports for the company [2][3] Production & Export Strategy - The company highlights India as a potential procurer of its products, indicating a willingness to increase exports there [3] - The company exports bunker fuel with 24% renewables to Asia, demonstrating a focus on renewable energy integration [3] - The company believes the oil and gas industry will remain relevant for the next two to three decades [3] Supply Chain Challenges - The company acknowledges supply chain issues, with delays in delivery times for non-shelf goods, extending from two to three years [4][5] - The company recognizes the need to anticipate demands and become more agile to mitigate supply chain impacts [5] Energy Transition - The company emphasizes the importance of energy transition in Brazil and its commitment to being part of that transition [4]
X @The Economist
The Economist· 2025-08-30 07:00
Fewer goods have been exported from Britain to the EU since Brexit barriers were introduced. One way to avoid these would be closer alignment with EU rules. But how far could this go? https://t.co/vTMTViDzv3 ...
X @The Economist
The Economist· 2025-08-29 06:00
Fewer goods have been exported from Britain to the EU since Brexit barriers were introduced. One way to avoid these would be closer alignment with EU rules. But how far could this go https://t.co/Pjztv5Wc7qPhoto: Getty Images https://t.co/umuKaeAHx6 ...
X @Bloomberg
Bloomberg· 2025-08-28 05:28
South Korea’s economy is set to take a significant hit after the US slapped 15% blanket tariffs on its exports, according to the Bank of Korea https://t.co/Nz1riCHQN7 ...
X @Bloomberg
Bloomberg· 2025-08-27 09:20
A crushing 50% tariff on Indian exports to the US has taken effect, dealing a blow to the South Asian economy and its ambition to become a manufacturing hub. Here is your Evening Briefing. https://t.co/6wi10EFdRn ...