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Watch CNBC's full interview with Treasury Secretary Scott Bessent
CNBC Television· 2025-10-02 12:41
Uh we're in day two of the government uh shutdown. Join us now with where the administration stands on the latest Treasury Secretary Scott Bess. And Scott, it helps to u sector. It helps to have seen the moon landing, doesn't it.I mean, isn't there something to beneficial about having some experience in life or or or is it me. Uh Joe, I I find good to be with you and Becky. I find wisdom's good.I remember when my dad got me up uh early in the morning to watch the moon landing. So I think I was seven years o ...
What a deal could look like on TIkTok between China and the U.S.
NBC News· 2025-09-15 16:59
Let's talk about Tik Tok. Let's talk about the White House. A tentative deal has been made to keep Tik Tok alive just days before another deadline that could have banned the app right here in the United States.Well, Treasury Secretary Scott Bessent announcing China and the White House agreed to a framework during trade negotiations in Spain today. President Trump will meet with China's president Friday to finalize those details. Meanwhile, the president said on Truth Social earlier, uh the big trade meeting ...
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Anthony Pompliano 🌪· 2025-08-13 18:40
Geopolitical analyst @tanvi_ratna explains what is happening behind the scenes of the trade negotiations, along with how she stopped the crypto ban in India. https://t.co/T1XVTgp8ND ...
Economic growth will be even better if rates are aligned with the fundamentals, says Joe Lavorgna
CNBC Television· 2025-08-13 13:15
Monetary Policy & Interest Rates - Treasury Secretary suggested the Fed should consider a 50 basis points (0.5%) rate cut at the next meeting in September [1] - The market has indicated for three years that monetary policy is too tight, as the ten-year Treasury yield has been trading below the Fed funds rate [10] - The Fed's own standards suggest interest rates are well above neutral [9] - There is pressure for lower rates, and the list of potential replacements for Jay Powell is expanding [19] - Lower rates would help interest-sensitive sectors of the economy like housing, autos, and manufacturing [23] Trade & Tariffs - President Trump is trying to protect U S business and industry through negotiations with China [2] - The Nvidia chip export tax is being considered as a model for others, potentially moving towards industrial policy [4] - National security concerns are a significant factor in trade policy [3][5] Data & Economic Indicators - Concerns exist regarding the integrity and quality of BLS (Bureau of Labor Statistics) data due to patterns and magnitude of revisions [7][8][13] - There is a need for more rigorous quantitative standards for economic data [7] - The trend in payroll growth has slowed [9] - The economy rebounded in the second quarter, and growth in the third quarter looks good [31]
Trump Gives Mexico 90-Day Reprieve from Tariffs
Bloomberg Television· 2025-07-31 19:18
Creighton, how do you talk through the next 90 days. What's at stake for Mexico in particular, and how are they expected to negotiate to get to the next ground. Yeah, well, this was the same old pattern, right.Shane Boehm gets on the phone with Trump and and gets gets an extension and there's lots of goodwill. You know, the question is, can this momentum carry over into something real. There are a lot of indications that that that can happen.President Sheinbaum having her press conference as we speak, where ...
Powell on the effect of tariffs: It feels like there is much more to come looking ahead
CNBC Television· 2025-07-30 20:45
You're right. It's been a very dynamic time for these trade negotiations and um lots and lots of events in the intermedating period, but we we're still, you know, a ways away from seeing where things settle down. We are clearly getting more and more information and um you know, I think at this point people's estimates, our estimates, outside estimates of the of the likely um you know, effective effective level of tariffs is is not moving around that much at this point.But at the same time there are many man ...
X @Bloomberg
Bloomberg· 2025-07-28 09:50
Progress in trade negotiations will take the S&P 500 to a third consecutive year of 20% gains, according to Oppenheimer Asset Management, a feat unseen since the late 1990s https://t.co/OhvnqpWh4X ...
X @Bloomberg
Bloomberg· 2025-07-15 16:06
Canadian Prime Minister Mark Carney said he believes trade negotiations with the US will “intensify” but acknowledged there’s little evidence the Trump administration is willing to cut a deal that would completely drop tariffs. https://t.co/JFL1hXb6w3 ...
X @Bloomberg
Bloomberg· 2025-07-14 17:02
President Donald Trump indicated he is open to more trade negotiations, including with the European Union, even as he insisted that his letters threatening new tariff rates are “the deals” https://t.co/UhpGG6GuSF ...
X @Bloomberg
Bloomberg· 2025-07-01 09:36
Trade Negotiations - Canadian Prime Minister handed US President Donald Trump a win [1] - This action was taken in the hope of achieving more significant gains in trade negotiations [1]