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.

Avsnitt(1598)

Special Report: Global Market Selloff Easing with Mike Wilson and Mohamed El-Erian

Special Report: Global Market Selloff Easing with Mike Wilson and Mohamed El-Erian

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Bearish Sentiment Weighs on Stocks; Ukraine Launches Drone Attack on Russia

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Trump Avoids Recession Call, Says Economy In ‘Transition', Mark Carney Wins in Canada 

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Daybreak Weekend: US Inflation, Lagarde Address, China Eco Outlook

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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 U.S CPI and PPI data, along with earnings from Oracle and ...

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Trump Delays Canada, Mexico Tariffs; China Blasts Trump, Calls US Tariffs ‘Evil’

Trump Delays Canada, Mexico Tariffs; China Blasts Trump, Calls US Tariffs ‘Evil’

On today's podcast: 1) President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the US’...

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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 ...

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Trump Talks Tariffs & Chips in Congressional Address; Disney Job Cuts

Trump Talks Tariffs & Chips in Congressional Address; Disney Job Cuts

On today's podcast: 1) President Trump promises golden age but warns tariffs could cause disturbance, President Trump defended his tariff plan, saying it would raise "trillions and trillions" in reven...

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Instant Reaction: Trump Delivers Joint Address To Congress

Instant Reaction: Trump Delivers Joint Address To Congress

President Donald Trump acknowledged there may be an “adjustment period” as his tariffs take effect, but defended his push to remake the US economy and declared “momentum is back” in a primetime speech...

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