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Watch CNBC's full interview with Treasury Secretary Scott Bessent
CNBC Television· 2025-07-21 12:38
joining us now, Treasury Secretary Scott Bessant. Uh, Mr. . Secretary, it's great to have you on as it always is.Good to see you. Morning, Joe. Lead story, uh, economy showing swagger as tariff fears eb.This is the Wall Street Journal pointing out that, uh, there was quite a bit of, um, of angst and hand ringing uh, back in April. a lot of u forecast that the bottom was going to drop out and just flatly stated here and I I know it might not be the favorite uh paper around the White House at this point but t ...
X @Bloomberg
Bloomberg· 2025-07-21 08:56
Bloomberg understands that EU officials will meet in the coming days to discuss how to respond to a possible no-deal trade scenario with President Trump.Get the latest on this as the rest of the mornings top news with the Daybreak Europe Podcast. https://t.co/hZ71UXjRZW ...
Trade, Tariffs: EU to Plan for Possible No-Deal Scenario With US
Bloomberg Television· 2025-07-21 05:54
Howard Lutnick sounds optimistic about the possibility of reaching a deal, but of course, the EU are planning to retaliate somehow. Do we know what the EU are thinking. What's on the list of potential countermeasures.Well, to be clear, we are talking about contingencies here, and our reporting shows that the EU is still very much focused on trying to hammer out a deal with the ongoing talks with almost two weeks still left to go. At the same time, we are hearing that they see a stiffening in the US position ...
X @The Wall Street Journal
The European Union is taking steps to hit back against U.S. companies if a trade deal can’t be reached by President Trump’s Aug. 1 deadline https://t.co/wAZLnygi91 ...
X @BBC News (World)
BBC News (World)· 2025-07-20 07:22
Mayor's African message: London is open to trade https://t.co/fIRZv4nmkP ...
X @Bloomberg
Bloomberg· 2025-07-19 08:12
Trade Relations - Japan's tariff representative plans Washington visit to advocate for tariff relief [1] - Discussions with US Treasury Secretary Scott Bessent in Osaka did not address tariff concerns [1] Geopolitical Implications - The situation highlights ongoing trade tensions between Japan and the US [1]
X @Bloomberg
Bloomberg· 2025-07-17 13:41
South African Finance Minister Enoch Godongwana tells @jennzaba the country needs to reach a trading equilibrium with the United States, and is concerned a deal may not be reached before August 1 https://t.co/GSJf7CrcMV https://t.co/gcv9AwUFfM ...
South Africa Finance Chief Says G-20 Closer to Deal on Communique
Bloomberg Television· 2025-07-17 12:07
Trade Negotiations between US and South Africa - South Africa is developing a document, potentially a template, for trade negotiations with the US [1] - The current tariffs could put 100,000 jobs at stake [2] - The US has a surplus on the treaty side, requiring a balancing act to achieve equilibrium between the two nations [3] - The automobile industry and strategic areas may be affected by the trade deal [4] - Failure to reach a deal could result in job losses, with over 2,000 jobs potentially impacted down the value chain [5] - The primary concern is to finalize the trade deal by August 1st, or to secure an extension [6] Economic Concerns and Strategies - Losing a trading partner like the US could significantly impact the economy and increase unemployment [7] - South Africa recently obtained a loan from the World Bank [11] - A total loan of approximately 4 billion Rand is expected by the end of the year, staggered for municipalities and policy loop [13] - South Africa is open to issuing Eurobonds for financing [13][14] G20 and Global Issues - The hope is to achieve an agreement and emerge with a communique [7] - Sticking points in the G20 include sustainable finance and global imbalances [8][9] - The US's stance on climate change and climate finance is creating difficulties in the G20 debate [9] - Global imbalances are a sensitive issue, particularly concerning China [9][10]
Dollar Rebounds After Trump-Powell Drama; Trump Eyes 10-15% Tariffs | Bloomberg Brief 07/17/2025
Bloomberg Television· 2025-07-17 11:20
VONNIE: IT IS 5:00 A. M. IN NEW YORK CITY.AND I'M VONNIE QUINN IN FOR DANI BURGER. THE DOLLAR BOUNCES BACK JUST A LITTLE BIT FOLLOWING A BRIEF DRAMA OVER FED CHAIR JEROME POWELL'S FUTURE. AND THE LATEST ON TRADE.PRESIDENT DONALD TRUMP FLOATS 10% TO 50% TARIFFS MORE THAN 100 50 NATIONS. EARNINGS CONTINUE. TSMC BOOSTS ITS SALES GROWTH OUTLOOK AS AI ORDERS RUN HOT.LET'S LOOK AT HOW THAT IS IMPACTING THE MARKETS AS WE APPROACH THE OPEN IN A FEW HOURS' TIME. A SMALL UPSIDE FOR FUTURES AFTER A VERY FLABBY DAY YES ...
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Bloomberg· 2025-07-17 10:25
A flood of Chinese imports threatens Mexico's efforts to diversify and grow its economy. The solution: greater integration with its North American neighbors, says @shannonkoneil (via @opinion) https://t.co/4JKlf3Dcsa ...