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Sec. Scott Bessent calls for 'good data' after weak jobs report: Full interview
NBC News· 2025-09-07 13:42
Tariffs and Trade - The administration believes good policies are in place to create high-paying jobs [1] - The US has lost 42,000 manufacturing jobs since the tariffs were announced in April [1] - John Deere reported a 29% decrease in net income in its most recent quarter due to higher tariffs, costing the company $300 million so far, with another $300 million expected by year-end, and laid off 238 employees [2] - Nike anticipates tariffs will cost the company around $1 billion this year, while Black & Decker expects $800 million in costs, and the big three automakers have paid over $2 billion in tariffs [4] - Goldman Sachs estimates that 86% of the tariff revenue collected so far has been paid by American businesses and consumers [7] - The administration is confident it will win at the Supreme Court regarding reciprocal tariffs, but there are other avenues to take if not [12] - The administration may have to refund about half of the tariffs if the court rules against them [13] Economic Indicators and Policy - The National Economic Council Director called the jobs numbers "weak," and Moody's chief economist called it a "jobs recession" [1] - The Treasury Secretary anticipates a substantial acceleration in the economy by the fourth quarter [1] - The administration believes the Federal Reserve is too late in cutting rates [1] - The US bond market has been the best performing bond market in the developed world, attributed to tariff income and fiscal improvement [14] Federal Reserve - The administration is interviewing potential successors for Fed Chair Jerome Pal, whose term ends in May [15] - The administration seeks a Fed chair with an open mind who will factor in different policies [16] - The administration claims the Fed has consistently overestimated GDP when Democrats are in office and underestimated GDP when Republicans are in office [17] Russia and Sanctions - The administration is prepared to increase pressure on Russia and needs European partners to follow suit with sanctions and secondary tariffs on countries that buy Russian oil [21][22]
Sen. Adam #Schiff tells #MTP that #Trump’s summit with #Putin was “a failure."
NBC News· 2025-08-24 16:33
Geopolitical Analysis - The senator believes the peace process is stalled, questioning Russia's sincerity and suggesting potential deception by Putin towards the US president [1] - Russia's actions, such as bombing a US electronics factory, are seen as provocative and indicative of them misleading the president [2] - The summit is considered a failure, not advancing the interests of the US, Ukraine, or allies [3] - Putin allegedly achieved his objectives without making concessions on a ceasefire, despite demands from the US president [3] - Putin faced no new sanctions from the US, despite prior promises from President Trump [4] National Security Implications - A strong, sovereign, independent, and democratic Ukraine is identified as a US national security interest [2] - The US administration is allegedly hindering Ukraine's ability to defend itself by preventing the use of weapons to attack Russia on Russian soil [4]
Trump 'standing up' to Putin is the 'only way' the war will end: Ex Amb.
MSNBC· 2025-08-20 15:42
Joining us now, NBC News chief White House correspondent, Peter Alexander. NBC News foreign correspondent Danielle Hamjin and former US ambassador to Ukraine, Bill Taylor. He's a distinguished fellow at the Atlantic Council's Eurasia Center.Peter, I want to go to you first. What's the latest on preparations for the Putin Zilinsky summit considering the Kremlin is now slowwalking it. >> Yeah, Ally, it's a good question and heading into the break, you referred to this as sort of a TBD to be determined.I think ...
Sen. Chris Murphy says ‘Putin got everything he wanted’ from his meeting with Trump
NBC News· 2025-08-17 14:04
Thank you so much for being here on a very big week. You just heard my conversation with Secretary Rubio. We specifically started talking about the fact that President Trump initially said he wanted a ceasefire agreement.Now he wants a broader peace deal. Secretary Rubio defending that approach, basically saying the Russians wouldn't agree to a ceasefire. Do you think that it's the right strategy to now focus on that broader peace deal.That meeting was a disaster. It was an embarrassment for the United Stat ...
Trump gets nothing: Trump leaves America empty handed after productive meeting for Putin
MSNBC· 2025-08-16 04:00
US-Russia Relations & Diplomacy - The analysis suggests that Trump is susceptible to flattery, particularly from Putin, which may influence his actions and decisions [1][2] - The meeting between Trump and Putin is viewed as a significant victory for Putin, ending his international isolation and strengthening his position [6][7] - The summit should ideally have been held in a neutral location with Ukraine's involvement to ensure a stronger negotiating position for the US and Ukraine [10][11] US Foreign Policy & National Security - The US administration's approach to the meeting with Putin is described as significantly different from previous administrations, raising concerns about national security protocols [4][5] - The US failed to leverage its position by not imposing secondary sanctions on countries like India and China, and by not increasing military assistance to Ukraine [11][12] - There are concerns that Russia's cyber crimes, including the reported hacking of the US federal court system, were not addressed during the meeting [14][15][16] Geopolitical Implications - The situation highlights the importance of supporting Ukraine and maintaining a strong stance against Russia's actions [9][12] - The analysis indicates that the US economic team's discussions with the Russian economic team may have inadvertently rewarded Russia without achieving any concrete gains for the US [17][18]
Russia's economy isn't as isolated as people realize, says Oliver Wyman's Dan Tannebaum
CNBC Television· 2025-08-15 19:35
market and we have two great guests on both sides of the story. First off, Daniel Tannenbomb is partnered Oliver Wyman and a senior fellow at the Atlantic Council and Bob McN, president and founder of Rapidan Energy Group. Bob, we'll get to you in just a second.Let us start with Dan. He is an expert, one of the world's leading experts on sanctions. Um, there currently are semi sanctions on Russia.Dan, correct. Can you lay it out cleanly where are we now and what might happen if things go poorly. Well, Brian ...
If Trump insists on ceasefire in Ukraine, he could have legacy-making agreement, says senator
MSNBC· 2025-08-14 13:42
Geopolitical Analysis - The summit between President Trump and Vladimir Putin is seen as a significant advantage for Putin, especially considering the international charges of war crimes against him [2] - Senator Blumenthal expresses concern that President Trump might not impose new sanctions on Russia and may deviate from the principles agreed upon with European countries [4] - The senator suggests that Putin's strategy involves playing Donald Trump, causing delays, and showing no genuine interest in peace, while continuing military actions in Ukraine [8] - The senator believes that China is closely monitoring the situation in Ukraine and that appeasement of Putin could lead to further aggression, potentially against Taiwan [12] - Congress can demonstrate unity and support for the President by passing the Graham Blumenthal sanctions bill, sending a message to China, India, and Brazil regarding their economic support of Russia [6][16][17] Economic Implications - The senator highlights Ukraine's significant economic potential, including mineral resources, manufacturing, and agriculture, suggesting that investment in rebuilding Ukraine could send a strong message [9][11] - The presence of American businesses and workers in Ukraine could provide security guarantees and contribute to the country's reconstruction [10] - India, China, and Brazil are identified as key countries fueling Russia's economy by purchasing the majority of its oil and gas [16] Policy & Sanctions - The Graham Blumenthal sanctions bill aims to impose sanctions on countries like India, China, and Brazil that support Russia's economy [6][16] - The senator emphasizes the importance of continued military buildup in Ukraine and the imposition of sanctions to counter Putin's actions [5] Personnel Concerns - The senator calls for the dismissal of Robert Malone from the advisory committee on immunization practices due to his extreme right-wing views and abhorrent posts about gun violence [18][19]
‘I see zero evidence’ that Trump will commit to ‘severe sanctions’ on Russia: Fmr. diplomat
NBC News· 2025-08-13 21:30
Hi there and welcome to Meet the Press Now. I'm Ryan Nobles in Washington where President Trump is preparing for his high stakes meeting with Russian President Putin on Friday virtually huddling with European leaders and President Zalinski this morning amid their concerns that the pair could strike a unilateral deal without Ukraine at the table. The leader level summit with Putin, which the White House says will take place at a US military base in Anchorage, Alaska, will be their first in-person meeting sin ...
He's running the economy aground: Senator slams Trump over jobs report
MSNBC· 2025-08-01 14:46
Democratic Senator Tim Kaine of Virginia. He is member of the Armed Services and Foreign Relations Committee. Senator Kane, good to see you this morning.Thank you for joining us. Um, >> good to be with you guys. Thanks.>> Want to get your reaction to the breaking news, if you will, the jobs report that, as you just heard Stephanie say, a warning sign perhaps about the health of the nation's economy, but also the trade war that has been launched by President Trump. these tariffs, their impact of the economy, ...
X @Bloomberg
Bloomberg· 2025-07-30 16:50
Geopolitical Implications - The US imposed sanctions on Brazilian Supreme Court Justice Alexandre de Moraes [1] - The sanctions relate to legal probes into former President Jair Bolsonaro's alleged coup attempt after his 2022 election defeat [1]