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Bloomberg· 2025-11-18 21:24
Canada and Sweden announced a strategic partnership to deepen cooperation on defense and trade, as the North American nation looks to reduce its dependence on the US for military equipment and as an export market https://t.co/0JO4iPh7ii ...
LIVE: Trump meets with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House — 11/18/25
CNBC Television· 2025-11-18 18:05
President Donald Trump participates in a bilateral meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House on Tuesday. The leaders expected to discuss the deepening of defense, trade and technology ties as well as cooperation in the fields of artificial intelligence, security and nuclear energy. The trip follows Trump’s visit to Saudi Arabia in May in which the kingdom made a $600 billion trade and investment commitment to the U.S. Analysts say Trump will be looking to cement those p ...
LIVE: Trump meets with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House — 11/18/25
CNBC Television· 2025-11-18 15:50
President Donald Trump participates in a bilateral meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House on Tuesday. The leaders expected to discuss the deepening of defense, trade and technology ties as well as cooperation in the fields of artificial intelligence, security and nuclear energy. The trip follows Trump’s visit to Saudi Arabia in May in which the kingdom made a $600 billion trade and investment commitment to the U.S. Analysts say Trump will be looking to cement those p ...
Trump to Cut Tariffs on Beef, Tomatoes, Coffee to Lower Prices
Bloomberg Television· 2025-11-14 20:00
Trade Policy Changes - The U S government is considering eliminating or reducing tariffs on certain food products, like beef, coffee, and tomatoes, that the U S either doesn't produce or doesn't produce enough of [2][3] - The U S and Switzerland have reached a preliminary trade agreement to lower tariffs on many Swiss goods, including watches, from 39% to 15% [7] - Switzerland is committing to a $200 billion investment pledge over five years, with $67 billion (one-third) in the next year in the U S [9] Trade Agreement Status - The administration is working to finalize trade deals with various countries, with India being one of the remaining countries without a deal [11] - Canada and Mexico are in a separate category due to the USMCA, which provides them with lower average effective tariff rates [12][13] Tariff Impact & Strategy - The tariff exclusions acknowledge the impact of tariffs on prices, a point previously downplayed by the Trump administration [5] - The scope of the tariff exclusions is still unclear, including which countries and products will be affected [5][6]
US to Lower Swiss Tariffs to 15% in Breakthrough Deal
Bloomberg Television· 2025-11-14 15:54
Working with the Swiss. What we've done is we've identified the areas in the reasons why we have a big deficit with them in goods. And it really boils down to things like pharmaceuticals, gold, right.Trade in gold and a handful of other things. And so the Swiss, as part of their agreement, you know, they said we are going to have $200 billion in investment. The trade as in Trump's term, you know, starting with about $70 billion investment next year.And it will be in these areas, we expect that the Swiss wil ...
X @Bloomberg
Bloomberg· 2025-11-14 02:08
South Korean President Lee Jae Myung says a joint fact sheet outlining trade and security terms agreed with the US has been finalized, marking the formal conclusion of months of negotiations https://t.co/X8WZUBT3Wd ...
X @Bloomberg
Bloomberg· 2025-11-13 16:02
RT Bloomberg New Economy (@BBGNewEconomy)U.S. vs. China. A race for dominance in tech, trade, and defense. But power no longer moves in one direction. We live in a multipolar world, fast-changing and unpredictable.@BBGNewEconomy’s @ErikSchatzker breaks down what it means ahead of the #BloombergNewEconomyForum next week in Singapore.https://t.co/y5rgvQy9gq ...
X @Bloomberg
Bloomberg· 2025-11-13 12:09
The European Union is set to propose a plan to the US to implement the next phase of the trade deal https://t.co/embTceSTf3 ...
X @Bloomberg
Bloomberg· 2025-11-12 17:36
Market Trends & Economic Factors - The resolution of tariffs and the US shutdown, identified as major impediments to growth, is anticipated [1] - The resolution is expected to trigger a resurgence of the "Trump trade" [1] - Bond yields are projected to increase following the resolution of the aforementioned growth drags [1]