Instant Reaction: Trump Delivers Joint Address To Congress

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.

Jaksot(1594)

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to S jobs and CPI data, along with a focus on 3 sto...

6 Helmi 38min

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Amazon.com shares tumbled in premarket trading on Friday after the e-commerce and cloud-computing company’s $200 billion ann...

6 Helmi 16min

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, ami...

5 Helmi 15min

Government Shutdown Ends; New Iran Negotiations

Government Shutdown Ends; New Iran Negotiations

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The partial US government shutdown ended late Tuesday after President Trump signed into law a funding deal he negotiated wit...

4 Helmi 15min

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Republican opposition to President Trump’s deal with Democrats to end the partial US government shutdown began to crumble la...

3 Helmi 15min

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US government stumbled into a partial shutdown Saturday while waiting for the House to approve a funding deal President ...

2 Helmi 15min

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the January jobs report and U.S tech earnings. I...

30 Tammi 37min

Instant Reaction: Trump Nominates Warsh for Fed Chair

Instant Reaction: Trump Nominates Warsh for Fed Chair

Breaking news from the White House. President Donald Trump said he intends to nominate Kevin Warsh to be the next chair of the Federal Reserve, according to a post on his Truth Social platform. “I...

30 Tammi 9min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-draivi
rss-lahtijat
oppimisen-psykologia
rss-rahamania
rss-porssipuhetta
taloudellinen-mielenrauha
rss-seuraava-potilas
rahapuhetta
rss-h-asselmoilanen
rss-paatos-podcast-suomen-kovimmat-paatoksentekijat-2
rss-paasipodi
rss-inderes
io-techin-tekniikkapodcast
pomojen-suusta
rss-viisas-raha-podi
rss-40-ajatusta-aanesta