Bloomberg Daybreak: US Edition

Bloomberg Daybreak: US Edition

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

  1. HACE 3 DÍAS

    Instant Reaction: Trump Delivers Joint Address To Congress

    President Donald Trump acknowledged there may be an “adjustment period” as his tariffs take effect, but defended his push to remake the US economy and declared “momentum is back” in a primetime speech to Congress on Tuesday night.“Tariffs are about making America rich again and making America great again. And it’s happening, and it will happen rather quickly,” Trump said in the longest-ever presidential address to a joint session. “There’ll be a little disturbance, but we’re okay with that. It won’t be much.”Trump’s address comes at a pivotal moment. Data shows new strains on the economy as factory activity stagnates, inflation simmers, consumer confidence ebbs, and stocks lag behind equity markets in other countries.Stocks swung wildly Tuesday following Trump’s most recent tariff actions against the US’s largest trading partners, with the S&P 500 Index closing at its lowest level since before the president’s election last year. Commerce Secretary Howard Lutnick hinted the administration might announce a pathway for tariff relief for goods from Mexico and Canada — two of the countries hit — that are covered by a free trade agreement as soon as tomorrow.For instant reaction and analysis to President Donald Trump's joint address to Congress, plus Michigan Democratic Senator Elissa Slotkin's speech in response, Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz along with Bloomberg Surveillance cohost Annmarie Hordern speak with: Bloomberg politics contributors Rick Davis and Jeanne Sheehan Zaino US Secretary of Energy Chris Wright US Secretary of Housing and Urban Development Scott Turner Senator Adam Schiff of California See omnystudio.com/listener for privacy information.

    31 min
  2. HACE 4 DÍAS

    Putin Agrees to Help Trump Broker Nuclear Talks With Iran: Bloomberg Exclusive

    Russia agreed to assist President Donald Trump’s administration in communicating with Iran on issues including the Islamic Republic’s nuclear program and its support for regional anti-US proxies, according to people familiar with the situation.Trump relayed that interest directly to President Vladimir Putin in a phone call in February and top officials from his administration discussed the matter with their Russian counterparts at talks in Saudi Arabia days later, people familiar with the matter in Moscow said, declining to be identified because of the sensitivity of the issue. White House officials did not immediately respond to a request for comment. Neither Russia nor Iran have publicly confirmed or denied the request. Kremlin spokesman Dmitry Peskov said in response to questions sent by Bloomberg that “Russia believes that the United States and Iran should resolve all problems through negotiations” and that Moscow “is ready to do everything in its power to achieve this.” A spokesman for Iran’s foreign ministry, when asked if Russia had offered to mediate between Tehran and Washington, said only it was “natural” for countries to offer their assistance. “Given the significance of these matters, it’s possible that many parties will show good will and readiness to help with various problems,” the spokesman, Esmaeil Baghaei, said during a televised press conference Monday in Tehran. “From this perspective, it’s natural that countries will present an offer of help if it’s needed.” The ministry didn’t respond to questions from Bloomberg News. Since taking office about six weeks ago, Trump has tried to restore relations with President Vladimir Putin, which the US severed after Russia’s 2022 full-scale invasion of Ukraine. As Trump seeks to broker an end to that war directly with Putin — including a Feb. 12 phone call between the two leaders — both sides have signaled they’re open to cooperating on other geopolitical interests, including trade routes and resources in the Arctic. Top US and Russian officials, including Secretary of State Marco Rubio and Foreign Minister Sergei Lavrov, discussed Washington’s interest in Moscow helping with Iranian issues, during a Feb. 18 meeting in Riyadh, according to people with knowledge of the situation, asking not to be identified as not all details of those talks have been made public. Russia’s Lavrov later shared details about the US meeting with his Iranian counterpart Abbas Araghchi when they met in Tehran, Araghchi said in a televised press conference after the meeting. See omnystudio.com/listener for privacy information.

    11 min
  3. HACE 4 DÍAS

    Trump Escalates Global Trade War, Pauses Military Aid to Ukraine

    On today's podcast: 1) Trump Escalates Global Trade War, Sparking Tit-for-Tat Tariffs. President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war. The US new tariffs — 25% duties on most Canadian and Mexican imports and raising the charge on China to 20% — impact roughly $1.5 trillion in annual imports, an expansive move signaling to markets that the Republican president is committed to wielding import duties to obtain fresh revenue and create domestic manufacturing jobs. 2) What Trump Aims to Achieve With His Tariffs. After promising during his election campaign to put import taxes back at the center of US economic policy, President Donald Trump moved swiftly once back in office, announcing significant new tariffs aimed at America’s trading partners. The tactics — implementing new tariffs and threatening others in an effort to intimidate or gain leverage on other disputes — represent a dramatic shift in a global economy where most major economies have sought to reduce trade barriers. 3) Trump Pauses Military Aid to Ukraine After Clash With Zelenskiy President Donald Trump ordered a pause to all US military aid to Ukraine, turning up the heat on Volodymyr Zelenskiy days after an Oval Office blowup with the Ukrainian president left support from his country’s most important ally in doubt. The US is holding up all pending military assistance until Trump determines Ukraine’s leaders demonstrate a good-faith commitment to peace, according to a senior Defense Department official, who asked not to be identified discussing private deliberations. The administration will also review the aid to make sure it’s contributing to a solution to the conflict, a White House official said. See omnystudio.com/listener for privacy information.

    17 min
  4. HACE 5 DÍAS

    US Support for Ukraine Stalls; Trump Readies for Tariffs on Allies

    On today's podcast: 1) Europe races to support Ukraine after last week's Oval Office blowup. European leaders, including UK Prime Minister Keir Starmer, Italian counterpart Giorgia Meloni, and French President Emmanuel Macron, are working to rebuild relations between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy after a disastrous clash at the White House. The leaders are fast-tracking efforts to improve their own defense capabilities and are seeking to build a "coalition of the willing" to participate in peacekeeping forces and reassure Kyiv about the durability of any peace. 2) President Trump readies a barrage of tariffs on Canada, Mexico and China. President Donald Trump is planning to impose new tariffs on Canada and Mexico, and double a levy on China, which would apply to roughly $1.5 trillion in annual imports. The tariffs would put a 25% tariff on all imports from Canada and Mexico, except Canadian energy, which would face a 10% rate, and would also double a tariff on China to 20%. 3) Andrew Cuomo enters the race for New York City mayor. Andrew Cuomo, the former three-term governor of New York, has announced his candidacy for mayor of New York City, joining a crowded field of challengers vying to unseat incumbent Mayor Eric Adams. Cuomo's decision to run has upended the race, with several polls showing him leading the field, and he has touted his record during the Covid-19 pandemic despite criticism from both Republicans and some members of his own party. See omnystudio.com/listener for privacy information.

    17 min

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Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

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