I'd like to start, if we may, just on those trade negotiations. We're now in less than two weeks away from that deadline from the United States. Do you expect that the European Union will get a deal with the United States before August the first.Well, we're working hard on it. And of course, we need a deal. I think it's in the best interest of both countries, both nations.But we'll see. We we saw it being postponed before, so we'll see now. So any sort of negotiation is always the stick and the carrot side ...

This section here traditionally would have been filled with U.S. corn. Customers love it because it's a great product. What started as a big display has been shrunk.In response to U.S. tariffs and President Trump's threats to annex Canada, 71% of Canadian consumers say they intend to buy fewer American products this year. That's having an impact. The US economy could lose up to 0.3% of its GDP, or about $90 billion, in 2025, due to the boycott of American goods and the decline in foreign tourism.Giancarlo M ...

And I'm highly confident that you'll see a handful of of new deals over the next two weeks. But you will see a a cascade of new deals coming out in the near future. But as long as we continue to make progress, I think you're going to see a lot more deals that are announced prior to that July 9th time frame. And as you get to July 9th, that number is only going to go higher.We're going to announce a whole bunch of deals over the next week or so. But as always, there's going to be a flurry going into the fina ...

Global | Metals & Mining Equity Research The Counter-intuitive Consequences of Chinese Steel Production Cuts Following a y/y increase in Chinese steel production in 1Q and in response to trade wars and China's prolonged property market downturn, officials have ordered the closure of up to 50mtpa of steel capacity through the end of the year as part of the government's broader strategy to resolve structural overcapacity issues. Lower steel output should support finished steel prices globally and also impact ...

Well, Delta Airlines shares are surging after earnings. Let's get to Phil Leau with a special guest, Delta Airlines CEO, Ed Bastian. Hey, Phil. Hey, Ed. Hey, Joe.Ed, thank you very much. Uh, we just had the numbers we reported about a half hour ago. You beat the street for Q2, albeit expectations had been lowered, but more importantly, you give guidance for the full year, 525 to 625, the streets at 539, but this is down substantially from what you guys expected in January of at least 735.What's changed in t ...

Labor Market Outlook - The labor market is expected to slow down significantly in the second half of the year [1] Trade War Impact - President Trump's trade wars are disrupting hiring [1]

Geopolitical & Economic Landscape - China has become the world's second-largest economy and a military superpower, but faces industrial choke points hindering its independence [1] - These choke points make China vulnerable to US pressure in trade wars and export controls [1] Industrial Challenges & Opportunities - China faces challenges in advanced computer chips and essential manufacturing components [2] - China is systematically addressing these choke points using AI to accelerate progress [2] - Some choke points, like advanced semiconductor manufacturing, may take years or decades to resolve, while others are nearing resolution [2] Competitive Landscape - Products affected include carbon fiber for aviation and ball bearings for various industries [3] - European, Japanese, and American rivals are now on high alert due to improving Chinese quality and yield [3]

Trade & Commerce - Commerce Secretary Howard Lutnick is actively involved in trade wars [1] - This involvement is perceived as being "in the middle of the action" and something Lutnick enjoys [1]

Bloomberg News will host its annual Global Credit Forum in Los Angeles as questions around trade wars, persistent inflation and growing concern of a slowdown in the world's largest economy loom large. Bloomberg Television's Lisa Abramowicz and Dani Burger will speak to some of the industry's most influential voices to explore where the market goes from here. ...

US trade officials meeting their Chinese counterparts in London to continue trade talks. The trade policy uncertainty just one of the many layers of worries hanging overhead for the US economy. For more, we bring in Princeton University professor Alan Blinder, former Fed vice chair.He also served as a member of President Clinton's Council of Economic Advisors. Alan, it's always great to get your perspective. I know you also recently wrote about uh more broadly some of the policies of the Trump administratio ...