Wisconsin and Florida Election Results; Trump's Tariff Announcement

Wisconsin and Florida Election Results; Trump's Tariff Announcement

On today's podcast:

1) Voters in Wisconsin push back on Elon Musk and Republicans in Florida fend off Democrats. Elon Musk-backed candidate, Brad Schimel, lost a Wisconsin judicial race despite Musk pouring millions into the campaign, with Susan Crawford winning 55% to 45%. Republicans held onto two House seats in Florida, winning about 57% of the vote in both districts, but with smaller margins than in the November general election.

2) The world waits as President Trump's tariff announcement comes down to the wire. President Trump's team is finalizing plans for reciprocal tariffs to be unveiled on Wednesday, with multiple proposals under consideration, including a tiered tariff system and a customized reciprocal plan. The tariffs are expected to take immediate effect, with countries able to negotiate to bring rates down, and could apply widely, even to countries with which the US doesn't have a trade imbalance.

3) The SALT tax deduction could get a boost in Republicans' massive tax bill. Republicans are drafting a tax bill that includes increasing the state and local tax deduction to up to $25,000 for an individual, a major victory for swing-district House Republicans.

See omnystudio.com/listener for privacy information.

Episoder(1598)

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Daybreak Holiday: Markets, Nvidia, Bitcoin

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Oil Rises on Report Israel May Strike Iran; Justice Department Opens Probe of Andrew Cuomo

On today's podcast: 1) Oil rose after CNN reported that new US intelligence suggested Israel could be gearing up for a possible strike on Iran’s nuclear facilities. The dollar, US stock futures and Tr...

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Trump-Putin High Stakes Call Reaction; Trump's Push for Tax Bill

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On today's podcast: 1) Eleven days ago, European leaders took heart when President Donald Trump called for a 30-day ceasefire in Ukraine and threatened new sanctions on Russia. A telephone call with V...

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NJ Transit Strike Over; Scheffler Wins the PGA Championship

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