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(1592)

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ICE Minneapolis Shooting Sparks Anger; US Seizes Two More Tankers in Venezuela Campaign

ICE Minneapolis Shooting Sparks Anger; US Seizes Two More Tankers in Venezuela Campaign

On today's podcast:1) An Immigration and Customs Enforcement officer fatally shot a woman during a confrontation in Minneapolis, sparking an uproar over the presence of ICE agents in the city and heig...

8 Jan 15min

Trump Says Venezuela to Send Up to $2.8 BN of Oil; US Won’t Rule Out Military Force to Acquire Greenland

Trump Says Venezuela to Send Up to $2.8 BN of Oil; US Won’t Rule Out Military Force to Acquire Greenland

On today's podcast:1) President Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes wou...

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Maduro Pleads Not Guilty; Venezuela Regroups With New Leader

On today's podcast:1) Ousted Venezuela President Nicolás Maduro pleaded not guilty on Monday to US charges in a narco-terrorism case against him, kicking off an extraordinary legal battle with major g...

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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...

5 Jan 20min

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

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...

3 Jan 22min

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 Jan 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

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