Trump Delays Tariffs on Autos; Germany Sends Bonds Spiraling

Trump Delays Tariffs on Autos; Germany Sends Bonds Spiraling

On today's podcast:

1) President Trump hits reverse on auto tariffs for Canada and Mexico for now. The Trump administration is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, following pleas from industry leaders. The exemption applies to auto parts that comply with the USMCA trade pact. It comes as the president's set to meet with US tech leaders Thursday, whose companies also face the possibility of import tariffs and stricter export rules.

2) European leaders gather for an emergency summit on military defense. European leaders meet in Brussels for emergency talks on Ukraine and defense spending. They are discussing an EU proposal to unlock as much as €800 billion of funds across the bloc. Germany will seek a constitutional amendment to exempt defense from its budget limit.

3) A global bond selloff continues following Germany's historic spending plans. A global bond selloff continued due to Germany's spending plans, which are expected to reshape growth outlook on the continent. Investors are reacting to Germany's move to unlock hundreds of billions of euros for defense and infrastructure investments, which is expected to boost its economy and spill over to neighboring countries.

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Avsnitt(1627)

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US Flights Cut as Shutdown Drags On; Musk's $1T Tesla Pay Package Approved

US Flights Cut as Shutdown Drags On; Musk's $1T Tesla Pay Package Approved

On today's podcast:1) Airlines across the US have started canceling flights scheduled for the coming days, as the longest government shutdown in history upends air travel and leaves thousands of passe...

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US to Cut 10% of Flights; Longest-Ever Shutdown Hurts Republicans in Elections

US to Cut 10% of Flights; Longest-Ever Shutdown Hurts Republicans in Elections

On today's podcast:1) The US will cut flight capacity by 10% at 40 high-volume markets across the country, though international routes will be spared, to alleviate pressure on air traffic controllers ...

6 Nov 202515min

Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

Democrats Sweep on Election Night; Supreme Court to Hear Tariff Arguments

On today's podcast:1) Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Don...

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NYC, NJ and VA in Focus on Election Day; Shutdown Pressure Builds

NYC, NJ and VA in Focus on Election Day; Shutdown Pressure Builds

On today's podcast:1) Zohran Mamdani’s lead heading into the New York City mayoral election has withstood a furious push from Republicans, establishment Democrats and a coalition of Wall Street dealma...

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Trump Talks Taiwan, Shutdown on 60 Minutes; Supreme Court to Hear Tariff Case

Trump Talks Taiwan, Shutdown on 60 Minutes; Supreme Court to Hear Tariff Case

On today's podcast:1) President Trump sat down with CBS' 60 Minutes - as heard on Bloomberg Radio - for a long-ranging discussion on the government shutdown, tariffs, and border security. Trump says i...

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