Major US Tariff Rates Take Effect; Trump-Putin Summit Scheduled

Major US Tariff Rates Take Effect; Trump-Putin Summit Scheduled

1) President Trump's tariffs take effect at their highest levels since World War 2. President Trump’s actions will push the average US tariff rate to 15.2%, according to Bloomberg Economics estimates, with some countries facing duties as high as 50%. The president has pledged that the tariffs will slash trade deficits and push companies to move manufacturing back to the US, but his critics say they could cause inflation to spiral out of control and cause shortages on store shelves.
2) The Kremlin said Presidents Vladimir Putin and Donald Trump will meet for summit talks within the next few days. President Trump said there was a "very good chance" he would meet with Putin and Ukrainian President Volodymyr Zelenskiy soon in another bid to broker peace between the two countries.
3) The president slaps significant levies on semiconductors — with a key exemption. President Trump declared plans to slap a 100% tariff on semiconductor imports, but promised to exempt companies that move production back to the US. Companies that demonstrate a commitment to building in the US, such as Apple, will be exempt from tariffs on chips, according to Trump.

See omnystudio.com/listener for privacy information.

Episoder(1590)

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Republican opposition to President Trump’s deal with Democrats to end the partial US government shutdown began to crumble la...

3 Feb 15min

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

House To Vote on Shutdown Deal; Gold Plunge Deepens as Traders Unwind Bets

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The US government stumbled into a partial shutdown Saturday while waiting for the House to approve a funding deal President ...

2 Feb 15min

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

Daybreak Weekend: US Jobs, Winter Olympics, Japan Election

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 the January jobs report and U.S tech earnings. I...

30 Jan 37min

Instant Reaction: Trump Nominates Warsh for Fed Chair

Instant Reaction: Trump Nominates Warsh for Fed Chair

Breaking news from the White House. President Donald Trump said he intends to nominate Kevin Warsh to be the next chair of the Federal Reserve, according to a post on his Truth Social platform. “I...

30 Jan 9min

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Trump Administration Prepares for Warsh Fed Chair Nod; Government Shutdown Averted

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Trump administration is preparing for the president to nominate Kevin Warsh to be the next Federal Reserve chair, accord...

30 Jan 25min

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Tech Firms Unleash AI Spending Spree; Fed Holds Rates Steady

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The world’s largest tech firms show no signs of easing up on AI spending, a record wave that’s propelling hardware providers...

29 Jan 15min

Trump Seeks Minnesota De-Escalation; Fed Officials Near ‘Kumbaya’ Moment on Rates

Trump Seeks Minnesota De-Escalation; Fed Officials Near ‘Kumbaya’ Moment on Rates

On today's podcast:1) President Trump said he was looking to “de-escalate” in Minnesota with a reshuffle of the leadership running his deportation effort in the state following widespread outcry over ...

28 Jan 16min

Minnesota Backlash Spurs Policy Shift; Trump Vows to Raise Tariffs to 25% on South Korean Goods

Minnesota Backlash Spurs Policy Shift; Trump Vows to Raise Tariffs to 25% on South Korean Goods

On today's podcast:1) President Trump indicated he’ll make changes to his administration’s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nati...

27 Jan 14min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
utbytte
pengesnakk
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-sunn-okonomi
morgenkaffen-med-finansavisen
okonomiamatorene
lederpodden
rss-markedspuls-2
flypodden
rss-trygg-av-natur