US, Australia Ink Rare Earths Deal; Supreme Court to Hear Trump Tariffs Case

US, Australia Ink Rare Earths Deal; Supreme Court to Hear Trump Tariffs Case

On today's podcast:
1) President Trump signed a landmark pact with visiting Australian Prime Minister Anthony Albanese to boost America’s access to rare earths and other critical minerals, an effort to counter China’s tight grip on the supply chains of key metals. The two governments will jointly invest in a swathe of mines and processing projects in Australia to boost production of commodities used in advanced technologies from electric vehicles to semiconductors and fighter planes. Australia has an $8.5 billion “pipeline that we have ready to go,” Albanese said at a meeting between the two leaders at the White House.
2) Small businesses are urging the US Supreme Court to affirm lower court rulings that President Trump's global tariffs amount to a massive illegal tax on American companies. The justices are set to hear arguments on whether Trump legally issued the tariffs under the 1977 International Emergency Economic Powers Act, a law that gives the president financial tools to address national security, foreign policy and economic emergencies.
3) Senate Majority Leader John Thune says he will wait until President Trump meets with Russian President Vladimir Putin in the coming weeks before deciding to whether to bring legislation on Russia sanctions to a vote. The bill would give Trump the authority to impose tariffs of up to 500% on imports from countries that buy Russian energy products and are not actively supporting Ukraine. This specifically targets major consumers of Russian energy, such as China and India.

See omnystudio.com/listener for privacy information.

Jaksot(1629)

Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

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Commodities in Flux After US Captures Venezuela’s Maduro

Commodities in Flux After US Captures Venezuela’s Maduro

On today's podcast:1) President Trump said the US needs “total access” to Venezuela as questions mount about the country’s leadership following the capture of President Nicolás Maduro. Delcy Rodríguez...

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Instant Reaction: Trump Says US to ‘Run Venezuela’ in Interim After Maduro

President Donald Trump said the US would run Venezuela until a transition could be organized, hours after a US operation captured leader Nicolás Maduro, ousting the strongman from power after months o...

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Daybreak Weekend: Housing Outlook, Europe Culinary Trends, Australian Eco

Daybreak Weekend: Housing Outlook, Europe Culinary Trends, Australian Eco

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 what’s in store for commodities and housing in 2...

2 Tammi 39min

Mamdani Sworn In as NYC Mayor; US Sanctions Chinese Companies, Tankers With Venezuela Links

Mamdani Sworn In as NYC Mayor; US Sanctions Chinese Companies, Tankers With Venezuela Links

On today's podcast:1) Zohran Mamdani unapologetically promised to lead New York City as a democratic socialist during a frigid inauguration ceremony on the steps of City Hall, a warning to those who b...

2 Tammi 15min

Daybreak Holiday: Big Tech Outlook with Dan Ives and Gene Munster

Daybreak Holiday: Big Tech Outlook with Dan Ives and Gene Munster

Artificial Intelligence and Big Tech dominated market sentiment in 2025. Now, we look to what may come in the new year. In this episode, Nathan Hager speaks with Wedbush Managing Director and Senior E...

31 Joulu 202539min

ACA Subsidies Set to Expire; Russia and Ukraine Trade Strikes on Black Sea Ports

ACA Subsidies Set to Expire; Russia and Ukraine Trade Strikes on Black Sea Ports

On today's podcast:1) Covid-era subsidies that help Americans pay for Obamacare health plans will expire today. It will result in more than 20 million Americans paying higher premiums next month. Demo...

31 Joulu 202516min

Trump Ukraine Plan Wobbles; White House Warns Iran on Nuclear Program

Trump Ukraine Plan Wobbles; White House Warns Iran on Nuclear Program

On today's podcast: 1) President Trump’s campaign to end the war in Ukraine faced new complications on Monday when Russian President Vladimir Putin said he would revise his country’s negotiating pos...

30 Joulu 202514min

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