Trade talks
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U.S. trade delegation arrives for trade talks with China
CNBC Television· 2025-07-28 13:12
US uh trade delegation arriving uh for trade talks uh with China. Aean Jeffs joins us now. I got some of your some of your photos uh that you sent out.I I think we're actually going to show you you're doing well. You got an eye. You've got an eye for it.There's uh you know, I'm I'm traveling with an expert cameraman here, Joe, and he's giving me a lot of advice on lighting and cropping and that kind of thing. >> Do the meatballs look like Do they look different. They're kind of pale, aren't they. They're no ...
X @Bloomberg
Bloomberg· 2025-07-25 14:44
Trade Policy - US President Donald Trump indicated that trade talks with Canada are not a priority for his administration [1] - The administration may opt to maintain existing import taxes instead of negotiating a new trade deal with Canada [1]
Gutierrez: Trade talks have been positive, but it's the investment side where things are stalled
CNBC Television· 2025-07-24 14:49
Tariff Negotiations & Trade Agreements - The US administration aims for tariff-free exports to partner countries, focusing on reciprocal tariffs which have decreased from approximately 50% to 20% in recent agreements [2] - Agreements are facing obstacles in the "third bucket," involving transactions like Japan's $500 billion investment in the US and financing investments in Vietnam, potentially leading to higher tariffs if unresolved [2][3] - The US administration is using threats to increase negotiating leverage, which has been effective, but the EU and China are experiencing tensions during their summit, potentially impacting US-China negotiations [4][5] - The EU's concerns about trade with China are as strong as the US's, making agreements challenging due to the need for consensus among many countries [5][6] - The reciprocal tariffs have been reduced by about 50% in the last four frameworks [13] - Key countries to watch include the EU, Korea, and India, as they significantly impact the deficit, economy, and global economy [13] - A resolution is expected, but if one of the three key countries (EU, Korea, India) doesn't reach an agreement, reciprocal tariffs may be implemented, though likely not for long [14][15] Legal & Policy Considerations - Country-specific tariffs are being challenged in court, potentially impacting the president's trade policy, but the US is expected to find ways to exert its position on tariffs and trade [8][9][10] - Countries should assume the US president will have the legal leeway needed to move forward, as past challenges have been overcome through measures like invoking national security under Section 232 [10][11]
X @Bloomberg
Bloomberg· 2025-07-10 05:35
Malaysia is optimistic it can reach a deal with the US to lower tariffs ahead of the Aug. 1 deadline for trade talks after Trump threatened to impose a steeper levy on the Southeast Asian country https://t.co/DUIbt4bUXz ...
Fmr. House Speaker Kevin McCarthy: Timeline for Trump's big bill will be driven by the debt ceiling
CNBC Television· 2025-06-12 11:16
Speaker Mike Johnson says Republicans are on track to pass President uh Trump's tax and spending bill by a July 4th deadline, but the House and Senate are still facing challenges over potential changes to the bill. Join us now, former House Speaker Kevin McCarthy. Uh he's the uh he's the chairman of the Alpha Institute.Walked in here whistling with so I mean he's in such a good mood. It's like he's always happy. Come on.Great to be an American years ago. number and and Becky immediately said, "Well, you're ...
Bloomberg: The Asia Trade 9/6/25
Bloomberg Television· 2025-06-08 19:43
Market Trends & Global Economy - Asian stocks are poised for a positive start to the week, driven by encouraging U S jobs data that has alleviated recession concerns [1] - The Japanese yen has weakened against the U S dollar, hovering around the 145 level, with forecasts suggesting a potential move to 136 by the end of September [3][87] - The S&P 500 has surpassed the 6000 level, fueled by a significant rally in big tech stocks [5] - Bond markets are experiencing volatility due to expectations of increased debt issuance, with particular attention on the longer end of the curve [38][62][88] US-China Trade Relations - US and China are set to resume trade talks in London, focusing on resolving tensions related to China's rare earth export restrictions [2][24][60][164] - The Trump administration aims to restore the flow of critical minerals, essential for various industries including cell phones, EVs, and military systems [25][165][191] - China seeks a complete tariff pause or removal before engaging in earnest talks, while the US is concerned about export controls [169] - There is potential for a summit between President Xi and President Trump if negotiations progress positively and a firm deliverable for China is identified [72][170] Political & Social Issues in the US - President Trump is considering deploying U S Marines to Los Angeles, following the deployment of National Guard troops, in response to protests over immigration raids [2][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][145] - Immigration and Customs Enforcement (ICE) faces pressure to increase arrests to a minimum of 3000 per day, leading to expanded operations and community responses [11][15][149][150][202][221] - California leaders are condemning the deployment of federal troops, viewing it as an overreach and inflammatory to the situation [9][141][142][143][144][153][154][199][203][223] Corporate Investment & AI - Bloomberg reports that Meta is in discussions to make a multibillion-dollar investment, potentially exceeding $10 billion, in artificial intelligence startup Scale AI [2][5][78][79][111][118][140] - Scale AI's expertise in data labeling and reinforcement learning could significantly enhance Meta's Llama AI systems [82][85] South Korean Market - South Korean stocks experienced a significant rally, with the KOSPI gaining over 4% last week, driven by optimism surrounding the presidential election [97][98][119][140] - Foreign funds have added a net $18 billion to the South Korean equity market, marking the second consecutive week of inflows [99] - Small investors in South Korea are leveraging online platforms to advocate for corporate reforms and improved governance [100][101][102][103][104][214][215][216][217][218][219] Japanese Economy - Japan's revised fourth-quarter GDP showed a smaller contraction of 0 2% annualized, with private capital expenditure contributing positively [3][105][106][107][108] - The Ministry of Finance is considering adjustments to debt issuance, potentially reducing the supply of long-end bonds [63][88][109] - There are expectations that the Bank of Japan will continue to reduce its quantitative easing (QE) program, starting next April [91]