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(1601)

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

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Instant Reaction: Supreme Court Allows Trump Sentencing

Instant Reaction: Supreme Court Allows Trump Sentencing

A divided US Supreme Court cleared the way for President-elect Donald Trump’s sentencing in his hush money criminal case, dealing him a setback as he prepares to begin his second term in office. For r...

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LA Under Siege as New Fire Burns; Remembering Jimmy Carter

LA Under Siege as New Fire Burns; Remembering Jimmy Carter

On today's podcast: 1) Los Angeles Under Siege as New Fire Burns in Hollywood Hills 2) Wall Street Job Losses May Top 200,000 as AI Replaces Roles 3) Remembering Jimmy CarterSee omnystudio.com/listene...

9 Jan 202517min

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

On today's podcast: 1) Los Angeles Ramps Up Evacuations as Palisades Fire Grows 2) Trump’s Panama, Greenland Threats Signal Unchained Second Term 3) JPMorgan Planning to Bring Staff to Office Five Day...

8 Jan 202516min

Nvidia's AI Future; Trump Aims to Block Key Report

Nvidia's AI Future; Trump Aims to Block Key Report

On today's podcast: 1) Nvidia rolls out a vision for an AI future at the Consumer Electronics Show 2) Former Bank of England Governor Mark Carney says he's considering a run to be Canada's Prime Minis...

7 Jan 202517min

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

On today's podcast: 1) Trump Weighs Jan. 6 Clemency With Congress Set to Ratify His Win 2) NYC Congestion Pricing Off to Quiet Start Before Monday Commute 3) Canada’s Trudeau Is Likely to Resign This ...

6 Jan 202516min

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of the December jobs report and Delta Airlines earnings. In t...

4 Jan 202538min

Special Coverage: Mike Johnson Wins House Speaker Vote

Special Coverage: Mike Johnson Wins House Speaker Vote

Republican Mike Johnson won reelection as House speaker, overcoming resistance from a small but pivotal group of conservative hardliners after a flurry of last-minute talks and with the help of a crit...

3 Jan 202518min

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