So, it's letters, letters, letters day. So, we have seven new letters today from President Trump to a variety of trading partners. He's promising more either later this afternoon or coming tomorrow morning.A big one that he said this afternoon was going to drop soon as Brazil. So, that that's a major trading partner. But what we have so far are threats of 20 to 30% tariffs on a range of countries from Algeria to Muldova that would take effect on August 1st.Um, and and this goes this is on top of 14 letters ...

Joining us now is Wendy Cutler, vice president at the Asia Society Policy Institute. She's a former acting deputy at the US Trade Representatives Office and worked on negotiations including on the TPP deal and high level China talks. And Wendy, it's great to have you on the show.Welcome. Thank you. Um so, so let's start right there because we did see these deadlines for the cipal tariffs at least in terms of u the the companies for which these letters have gone out extended to August 1st.How much can get do ...

I want to now bring in our Bloomberg TV and radio audiences worldwide. We're going to simulcast this. Joining us now is White House Council of Economic Advisers Chairman Stephen Meyer.And, Stephen, thanks very much for joining us. We were just listening to David Kostin of Goldman Sachs giving an optimistic view of the stock market and the way companies are dealing with tariffs. And I wonder how you think about the uncertainty that this creates.You definitely must have calculated that in coming up with this ...

All right, so we're getting a flurry of tariff proposals from the president. We had Howard Letic our air yesterday. Also talking about potential progress when it comes to moves with the EU.What does this all mean for the market and also for the Fed. Does it change the math at all when it comes to your thesis when it comes to the market. So, it doesn't change our math at all as it relates to Fed policy and the path forward for rate cuts.We're still believing as the Fed continues to push that there's dovish f ...

🇺🇸 JUST IN: The US will impose tariffs on seven countries from August 1 to address trade deficits:🇧🇩 Bangladesh – 35%🇮🇩 Indonesia – 32%🇧🇦 Bosnia & Herzegovina – 30%🇹🇳 Tunisia – 25%🇷🇸 Serbia – 35%🇰🇭 Cambodia – 36%🇹🇭 Thailand – 36% https://t.co/bQDS9AYwrY ...

President Trump is pressuring the Fed to lower interest rates to make deficits easier to finance. This could end badly, but for now investors are on board, @greg_ip writes. https://t.co/9V4q766BJI ...

The motion is adopted. [Applause] The House of Representatives passed President Trump's one big beautiful tax and spending bill. Sort of celebrating like the biggest bill of its kind ever signed and it's going to make this country into a rocket ship.It's going to be really great. We're going to take you through some of the highlights of this bill. They extended basically everything that was scheduled to expire as far as the 2017 tax cuts.Back then, in President Trump's first term, Congress set all these tax ...

So, there we have it. Trump's big, beautiful bill, spending bonanza, got the votes it needed from Republicans in the House, and now it is making its way to the president's desk. So, what should you be prepared for.Well, the benefits of this bill will be like a sugar high. But I want you to know that usually when we rack up huge deficits, it's because we're in a crisis. Think COVID, World War II, the financial crisis.The government steps in, spends a lot in hopes of saving the economy. But this time, that's ...

got to this point when after an allnight session, the chamber voted 219 to 213 to adopt a rule governing debate on the legislation, opening up discussion and teeing up this final vote on the package. A group of hardline conservatives and moderate Republicans had combined forces earlier in the evening to stall the bill. Speaker Johnson held the vote open for 5 hours as he worked to garner support from those members.Around 1:00 in the morning, President Trump picked up the phone and called those holdouts and ...

Let's bring in the aforementioned pioneer of the bond vigilante term, Ed Yardeni, the president of Yardeni Research. Ed, this is an environment where it's surfacing again, that term bond vigilantes, but they don't seem to be nearly as effective of vigilanteism as the original bond vigilantes that helped you coin the phrase. Correct. Correct.Well, you know this they were most active in the 1980s and then in the 1990s inflation came down and the administration back then the Clinton administration recognized t ...