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Trump Tariff Turmoil: Economists say 15% rate on E.U. will have 'dramatic effect' on economy
MSNBC· 2025-07-28 15:52
Bloomberg's David Gura is back with us now. So this 15% tariff rate, put that into perspective for us and what kind of impact we might see here at home. >> So we've seen the floor rise over the last few weeks.There was a lot of talk about being like a 10% floor for these tariffs. Then after Japan, it moved up to to 15. So again, it's significant because the baseline before this was so much lower, >> 1.2%.Right. >> Exactly. And so in the Europe's case, a little bit higher than that.But we've heard from compa ...
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Bloomberg· 2025-07-28 07:40
When President Donald Trump called for the US to retake control of the Panama Canal during his inauguration speech in January, it set off a chain of events that landed Hong Kong tycoon Li Ka-shing in the middle of a US-China tiff. Here's what you need to know https://t.co/DlObsjGIRx ...
U.S. tariffs on China are likely to stay at current levels, says AEI's Derek Scissors
CNBC Television· 2025-07-14 18:01
My next guest has some thoughts on what's really going on with Jensen Wong's visit to China. Derek Scissors is Asia economist at the American Enterprise Institute. Derek, it's good to see you. And um you think that he I don't know. He's he is he the Derek Rodman here? Well, you know, he just met with President Trump a couple days ago. Obviously, Jensen Huang goes to China a lot. He talks about China a lot, but in this case, the the the meeting with Trump, I think, is is specially timed. In other words, uh i ...
Is AI Really Taking Our Jobs? — With Noah Smith
Alex Kantrowitz· 2025-06-26 17:37
Noah Smith is a star economics writer behind the “Noahpinion” blog and co-host of the Econ 102 podcast. Smith joins Big Technology to discuss whether generative AI is actually boosting productivity or still waiting for its “electricity moment.” Tune in to hear his contrarian take on the so-called AI jobs apocalypse and how businesses will need to reorganize before the gains show up in earnings. We also cover immigration crackdowns, tariff uncertainty, wage-inequality myths, and how China’s military buildup ...