Sonos will raise prices on some products due to tariffs later this year, a move that threatens to complicate its comeback attempt https://t.co/ZjqKVoA8ZW ...

Brazil will not target the US with reciprocal tariffs in response to the trade levies Trump placed on its goods, President Luiz Inacio Lula da Silva said in an interview https://t.co/pMlKE6NpNv ...

🇮🇳 JUST IN: U.S. to impose 25% tariffs on Indian imports starting August 27. https://t.co/fhOALKdslK ...

Trump—and his critics—have described his tariffs as an earthquake that would transform the U.S. economy. So far, the impact has been mostly a series of tremors. https://t.co/UPKCOcExxp ...

Joining us right now, former Speaker of the House Paul Ryan. He's currently a partner at Solomare Capital and vice chairman at Teneo. And it's good to see you, sir.Morning. Uh I'm curious what you make of the dialogue here as it relates to both the tariff issue and the Fed issue. We have so many former Treasury Secretaries.Everybody's trying to figure out what's really going on. Everyone's a little worried about whether the numbers are even going to be real in the future. What do you think.Well, I think we' ...

The US Special envoy Steve Witkoff has arrived in Moscow for meetings with officials, according to Russian media. It comes as the Kremlin mulls an air truce with Ukraine ahead of Trump's August 8th deadline. We're now joined by Marc Champion, who covers international affairs for Bloomberg Opinion.Marc, thank you for joining us. Really great stories in columns, actually, that you've written in the last couple of weeks. What should we be expecting from meetings in Moscow today.Well, it's a very good question. ...

Market Trends & Uncertainty - Potential for significantly raising tariffs on India is causing widespread concern and driving supply chain issues [1] - Businesses are facing uncertainty due to tariffs, impacting their ability to stabilize costs and pricing [2][3] - The uncertainty surrounding tariffs may lead to a cost increase, potentially resulting in a 0.5% to 0.7% increase in inflation over the next one to two years [3] - Stockpiling has delayed the impact of tariffs, but businesses are now working through reserves [5] - Long-term uncertainty regarding final tariff amounts could extend cost increases, inflationary pressures, and supply chain problems into the future [15] Geopolitical & Economic Impact - India is considered a crucial ally, and potential tariff increases are particularly concerning [6] - China is investing in technology and infrastructure due to anticipated population decline [7] - A weak US dollar is a concern not only for the US but also for the rest of the world, with some funds hedging away from the dollar [11] - Other countries want the US to be strong, recognizing that a weak America poses a global problem [10] Policy & Legal Considerations - The legality of the emergency acts used for tariffs is being challenged and may go to the Supreme Court, creating further uncertainty [17] - Deals with the EU, France, and Germany are considered solid [9] - The EU is delaying its response to US tariffs, hoping for a better outcome [13] - There are disagreements regarding the specifics of deals, such as the allocation of 600 to 650 billion dollars [14]

Trade Policy - The report indicates that Donald Trump intends to increase tariffs on countries purchasing energy from Russia [1] Geopolitical Implications - The policy aims to reshape global trade to favor America [1]

Core Insights - The Q2 earnings season is revealing the negative impacts of tariffs and a challenging macroeconomic environment on business results, contrasting with the high performance of the stock market [1] Group 1: Industry Analysis - The technology sector is experiencing significant scrutiny as earnings reports reflect the effects of external economic pressures [1] - Analysts with extensive experience in both Wall Street and Silicon Valley are providing insights into the current challenges faced by technology companies [1] Group 2: Analyst Background - Gary Alexander has a diverse background, including covering technology companies and advising startups, which informs his analysis of industry trends [1]

Trade Tariffs and International Relations - The US president is escalating global trade tariff war, potentially increasing costs for products from countries like Switzerland [1] - The president threatened the EU with a 35% tariff if it does not invest $600 billion in the United States, and is rolling out new tariffs on semiconductor and pharmaceutical imports [2] - The president's strategy involves raising tariffs to extract more concessions from other countries, such as the EU, Japan, and South Korea [4] - The administration views tariffs as a source of revenue and leverage on the world stage, leading to unpredictable trade moves [7] - Trade disruptions caused by tariff policies are negatively impacting economic activity both domestically and globally [9] Federal Reserve and Monetary Policy - The Treasury Secretary does not want to succeed Jay Powell as the Fed chair, but others are in the running [10] - Potential candidates for Fed chair include Kevin Warsh, who is respected by Wall Street, and Kevin Hasset, who is loyal to the president [11][12] - The president may prioritize loyalty over market approval when choosing the next Fed chair [12] - Governors Waller and Bowman dissented from the Fed's decision to leave rates unchanged, advocating for lower rates [14] Banking and Regulatory Issues - The White House is reportedly preparing an executive order to punish banks that it claims discriminate against conservatives [15] - The president accused JP Morgan and Bank of America of discriminating against him by not taking his accounts [16] - Banks and the White House generally agree on a deregulatory agenda [17]