Episode Transcript
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Speaker 1 (00:01):
News when you want it with Bloomberg News Now, I
made Keleki. President Trump has asked the U. S. Supreme
Court to let him immediately deploy National Guard troops in Chicago,
escalating a high stakes clash over his use of the
military and American cities. The emergency request Friday follows a
federal appeals Court decision Thursday refusing to let Trump deploy
(00:22):
the troops, but saying they would remain under the control
of the federal government for the time being. The request
marks the first time the Supreme Court has been drawn
into Trump's effort to deploy the National Garden cities that
he contents are overrun by crime and where people are
protesting his immigration crackdown. The Trump administration formally imposed twenty
five percent tariffs on imported medium and heavy duty trucks
(00:44):
and parts, as well as a ten percent duty on buses,
while extending a key tariff reprieve for American automakers. President
Trump signed a proclamation Friday hitting trucks and buses with
tariffs beginning November one. This according to senior administration officials,
Trump previously announced plans to place levies on trucks. President
Trump says he is commuting the sentence of former Republican
(01:06):
lawmaker George Santos, who was convicted and sentenced to prison
for stealing campaign funds. Trump alleged, without providing any evidence,
that Santo's had been horribly mistreated while in prison. President
Trump acknowledged that President Vladimir Putin may be stalling for
time by agreeing to another summit as Ukrainian President Vladimir
Zelenski pushed for more US weapons in Washington in a
(01:29):
bid to force an end to Russia's invasion. President Trump
spoke while meeting with Zelenski at the White House.
Speaker 2 (01:36):
I've been played all my life by the best of them,
and I came out really well, so as possible.
Speaker 1 (01:44):
A little time.
Speaker 2 (01:45):
You're in, right, But I think that pretty good at
this stuff.
Speaker 1 (01:49):
I think that he wants to make a deal. I
made eight of them. I'm going to make a night.
I think he wants to make a deal. Meanwhile, the
Ukrainian leader says there is now an opportunity for Trump.
Speaker 2 (02:00):
President Trump has a big chance now to finish this war.
Speaker 1 (02:07):
After the meetings, Zelensky told reporters that he talked with
world leaders, including President Trump, about security guarantees.
Speaker 2 (02:13):
We want United States be a part of security.
Speaker 1 (02:16):
We count on the leadership of the United States.
Speaker 2 (02:20):
We spoke about it.
Speaker 1 (02:22):
And of course is but college of the villains.
Speaker 2 (02:26):
It's our main European partners, and of course United States.
Speaker 1 (02:31):
We spoke about it, and we spoke our conversation. Both
their defenses were important. Zelensky had pressed the US to
sew Ukraine Tomahawk missiles, but says the US did not
make a deal with them because the President doesn't want
quote escalation. The next round of the US China trade
talks is likely said for next week, with Treasury Secretary
Scott Bessant and Vice Premier helike Fun facing the task
(02:54):
of negotiating down new escalatory measures between the world's two
largest economies. Besant's during a White House event that he
will be speaking Friday evening with he and that they
will meet in Malaysia probably a week from now. In
a conversation with Fox Businesses Mornings with Maria, President Trump
said that higher tariffs are not sustainable.
Speaker 2 (03:13):
It's not sustainable, but that's what the number is. It's
probably not and it could stand, but they forced.
Speaker 1 (03:24):
Me to do that. Former National Security Advisor John Bolton
pleaded not guilty Friday in a Maryland federal courthouse to
charges that he allegedly mishandled classified materials. The US Justice
Department has charged Bolton, a former top eight to President
Trump during his first term, with breaking laws related to
the transmission or retention of national defense information. The chargers
(03:45):
were unveiled in an eighteen count indictment made public on Thursday.
The US Army Corps of Engineers will pause eleven billion
dollars in infrastructure projects in twelve states that voted for
Democrat Kamala Harris in twenty twenty four, as the White
House continues to exert leverage and talks to into a
government showdown, now in its seventeenth day. An OMB spokesperson
said projects affected include those in New York Harbor, Port
(04:09):
of Long Beach, Baltimore Harbor, and several in the San
Francisco Bay area. Other states with impacted projects include Delaware, Illinois, Massachusetts, Minnesota,
New Hampshire, New Jersey, New Mexico, Oregon, and Rhode Island.
Tesla's shareholders are being urged by proxy advisor Institutional Shareholder
Services to vote against Chief executive officer Elon Musk's one
(04:31):
trillion dollar compensation plan, adding a potential obstacle as the
board works to rally investor supports. This marks the second
year in a row that iss urged shareholders to vote
against a pay package for Musk. Musk overseas and overlapping
empire of five companies Tesla, SpaceX Xai, Neuralink, and the
boring company. Apple has secured exclusive television rights to Formula
(04:54):
one races in the US, adding to a sports streaming
slate that already includes Major League Soccer and Major League Baseball.
The iPhone maker struck a five year deal starting in
twenty twenty six with F one owner Liberty Media. ESPN
had been the broadcaster of F one in the US.
Financial terms of the agreement were not disclosed. The BBC
reported that the deal was worth seven hundred and fifty
million dollars in total, nearly twice the eighty million a
(05:17):
year ESPN had been paying the Blackstone and TPGR in
advanced negotiations to acquire medical device maker ho Launchic. A
deal could be announced in the coming days. The parties
are currently discussing the price of above seventy five dollars
a share, valuing the company at more than seventeen billion
dollars including debt. A final agreement has not been reached,
(05:38):
and the talks could still fall apart. The Friday numbers
on Wall Street, the Dow gain two thirty eight, NASDAC
added one seventeen, The S and P was up thirty four.
The ten year treasury yields at four point zero one percent,
the two year at three point four to six percent.
That's news when you want it with Bloomberg News. Now,
I met Kleggy. This is Bloomberg
Speaker 2 (06:00):
Ye