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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

Unwillingness to find an agreement with china . Shawn it is another sign things are falling apart. We had all of branches coming out of the g20 in osaka. One was limited resumption of business with huawei and on the chinese side it would be a resumption of agricultural purchases. In the past week weve seen both of those taken away. That is not a good sign. As the president says, we have these talks in september schedule, but Big Questions over whether they will go ahead. Inin as that is happening september, a lot of pressure on democrats to get usmca to a vote on the floor. Does the president believe the usmca getting ratified gives him a leg up in terms of being able to go harder against china . Shawn the big question for the president is where is the economy, and where is the economy going on trade. Signs in the Second Quarter this years trade policies were a drag on growth. The administration is keen to get usmca through to get a positive message on the economy. The Business Communi

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240714

In the wake of several Mass Shootings, he says the senate will look at expanded the ground checks. Red on the table, socalled flag loss to keep guns away from dangerous people. Mcconnell has a post most gun laws in the past. A Political Drama is playing out in italy. His deputy is trying to bring down the countries populist coalition and force snap elections. Salvini wants lawmakers to vote out the government as soon as next week. He says he and his party are tired of infighting with their coalition allies. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda im amanda lang in toronto. Welcome to Bloomberg Markets. Our bloombergby and Bnn Bloomberg audiences. What a week it has been for global markets. We will wrap up the week, and escalate in trade war with the u. S. And china sign currencies, bo

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240714

Of to a good start on this tuesday. Negative atead is 1. 51 . Apparently Phillip Morris and ultra are going to try to get back together and altria are going to try to get back together. Phillip morris is down. Europe, a nice bounce with the stoxx 600 up 6 10 of 1 . The ftse maybe the best ib themer the ftse m best performer for individual indices. Weaker by 6 10nd of 1 . In a Bloomberg Opinion piece today, former new york fed president bill dudley calling President Trumps trade war with china a manufactured disaster in the making. The question for policymakers is e policy mitigate the damage or refuse to play along . Increasing the risk of a stateion, officials could officially that the central bank wont bail out an administration that keeps making bad decisions on trade policy, making it abundantly clear that trump will own the consequent is of his actions. We are joined by Michael Mckee, and it washington, d. C. Come a trade reporter shawn donnan. Michael, this is a very interesting

Transcripts For BLOOMBERG Bloomberg Technology 20240714

Currency on top of scrutiny here at home in the name of antitrust. Several states voiced concerns over the security of their electronic voting systems ahead of 2020. We will talk to the man who successfully showed the world that Voting Machines could be hacked 15 years ago. Our top story, President Trump defending his china trade stance by saying that, while u. S. Is not ready to make a deal yet, somebody had to take them on. Pres. Trump when you look at china, china has had the worst year they have had in 27 years. They want to make a deal with us. Im not ready to make a deal. I am doing this whether it is good or bad for your statement about, will we fall into a recession for two months . Somebody has to take china on. I like doing it because i have to do it. Donnanfor more, shawn from washington is with us. The president made several comments about china today. Do you see the messaging start to change . Shawn there is a subtle change, maybe acknowledgment that their shortterm econom

Transcripts For BLOOMBERG Bloomberg Technology 20240714

Probing the social networks libra Digital Currency on top of scrutiny here at home in the name of antitrust. Weve got the details. Can we hack it . Several states voiced concerns over the security of their electronic voting systems ahead of the 2020 elections. We will talk to the man who successfully showed the world that Voting Machines could be hacked 15 years ago. But first to our top story, President Trump defending his china trade stands, saying that while u. S. Is not ready to make a deal with china just yet, somebody had to take them on. Pres. Trump when you look at china, china has had the worst year they have had in 27 years. They want to make a deal with us. I can tell you im not ready to make a deal. Unless they are ready to make the right kind of deal, i not am ready to make a deal. I am doing this whether it is good or bad for your statement about, will we fall into a recession for two months . The fact is somebody has to take china on. My life would be a lot easier if i d

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