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)

Special Coverage: Strong Earthquake Strikes California

Special Coverage: Strong Earthquake Strikes California

A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the US West Coast. The tsunami threat was declared over less than an hour later even...

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Macron Begins Search for New French Premier; Bitcoin Tops $100,000

Macron Begins Search for New French Premier; Bitcoin Tops $100,000

On today's podcast: 1) Macron Begins Search for New French Premier as Barnier Falls 2) UnitedHealth Executive Fatally Shot in NYC on Investor Day  3) Bitcoin Exceeds $100,000 on Trump’s Pro-Crypto Pic...

5 Des 202417min

Special Coverage: French Government Falls After Vote

Special Coverage: French Government Falls After Vote

Far-right leader Marine Le Pen teamed up with a left-wing coalition to topple the French government, pitching the country into a prolonged period of turbulence that’s likely to further unsettle invest...

4 Des 202418min

French Government on Brink of Collapse; South Korea’s Yoon Faces Impeachment

French Government on Brink of Collapse; South Korea’s Yoon Faces Impeachment

On today's podcast: 1) Macron Asks French Lawmakers Not to Topple the Government 2) South Korea’s Opposition Submits Impeachment Motion Against Yoon 3) Trump Mulls Replacing Hegseth With Florida Gover...

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French Government on Brink of Collapse; SpaceX Valuation Takes Off

French Government on Brink of Collapse; SpaceX Valuation Takes Off

On today's podcast: 1) French Lawmakers to Vote Wednesday on Toppling the Government 2) SpaceX Weighs Sale of Insider Shares at $350 Billion Valuation 3) Buy ‘Magnificent Seven’ on Corrections, NYU’s ...

3 Des 202417min

Hunter Biden Pardoned; Stocks Enter December at Record High

Hunter Biden Pardoned; Stocks Enter December at Record High

On today's podcast: 1) Biden Pardons Son Hunter in Reversal With Weeks Left in Term 2) Trump Weaponizing Dollar Seen as a Needless BRICS Provocation 3) S&P 500 Clocks Best Month of the YearSee omnystu...

2 Des 202416min

Daybreak Weekend: Jobs Preview, Poland Election, Trump Tariffs

Daybreak Weekend: Jobs Preview, Poland Election, Trump Tariffs

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 November jobs report and oil outlook. In the UK - a pr...

30 Nov 202438min

Black Friday Markets; Dollar Heads for Worst Week Since August

Black Friday Markets; Dollar Heads for Worst Week Since August

On today's podcast: 1) Dollar Heads for Worst Week Since August as Trump Trade Stalls  2) Wall Street Macro Traders Head for Worst Year Since the Pandemic 3) Yen Breaches Key 150 Level as Tokyo Inflat...

29 Nov 202416min

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