Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

On today's podcast:
1) More than 80 people die in flash floods across Texas as search and rescue efforts continue. A catastrophic flood in Kerrville, Texas, caused by torrential rains, has resulted in at least 82 deaths and many missing, including children, with the area remaining at risk of further inundation. Politicians are questioning whether federal, state, and local officials were adequately prepared, with some raising concerns about the accuracy of weather forecasts and potential staffing cuts at the National Weather Service.

2) President Trump shifts his economic focus from taxes to trade as his tariff deadline looms. The US is preparing to send tariff letters to dozens of countries in the coming days, with the Trump administration’s 90-day pause on higher duties set to expire on Wednesday. Trump said in a separate post that the letters would start being delivered from noon Monday, Washington time.

3) Tesla shares tumble after Elon Musk makes plans for a new political party. President Trump criticized Elon Musk's bid to start a new political party, calling it "ridiculous" and saying that third parties have never worked in the US. Musk announced the formation of a new "America Party" on Saturday, a day after Trump signed a tax-cut and spending bill into law that Musk had denounced.

See omnystudio.com/listener for privacy information.

Jaksot(1601)

Trump Geopolitics Push; ICE Raids in Boston

Trump Geopolitics Push; ICE Raids in Boston

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Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to CPI and PPI data and Apple’s September 9th In the U...

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On today’s podcast: 1) President Trump teases new semiconductor tariffs at a White House dinner surrounded by tech titans. Mark Zuckerberg and Tim Cook joined other tech industry leaders in touting th...

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Trump Harvard and Tariff Rulings; Look Ahead to Miran Hearing

Trump Harvard and Tariff Rulings; Look Ahead to Miran Hearing

On today's podcast: 1) President Trump asks the Supreme Court to uphold his global tariff regime. A defeat for Trump would cut the current average US effective tariff rate by at least half and could f...

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Trump Accuses Xi of ‘Conspiring Against US’ With Putin, Kim; Global Bond Selloff Deepens

Trump Accuses Xi of ‘Conspiring Against US’ With Putin, Kim; Global Bond Selloff Deepens

On today's podcast: 1) President Donald Trump took aim at Chinese leader Xi Jinping as he hosted foreign leaders at a major military parade in Beijing, a reminder of the lingering tensions between the...

3 Syys 202516min

Instant Reaction: Google Doesn't Have to Sell Chrome in Antitrust Ruling

Instant Reaction: Google Doesn't Have to Sell Chrome in Antitrust Ruling

Alphabet’s Google will have to share some of its search data with competitors, but will not have to sell its popular Chrome web browser, a federal judge ruled Tuesday in the Justice Department’s landm...

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Trump Tariff Court Ruling; Nestle CEO Ousted

Trump Tariff Court Ruling; Nestle CEO Ousted

On today's podcast: 1) A federal appeals court ruled that President Donald Trump exceeded his authority by imposing global tariffs through an emergency law, but let the levies stay in place while the ...

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Daybreak Holiday: Fed Independence, Market Outlook, Retail Breakdown

Daybreak Holiday: Fed Independence, Market Outlook, Retail Breakdown

On this special Labor Day edition of Bloomberg Daybreak US, host Nathan Hager speaks with:1) Sarah House, Wells Fargo senior economist and Jennifer Lee, Senior Economist at BMO Capital Market on the u...

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