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Miran Talks Trump's Tariffs, Exemptions and Waller
8:15
Bloomberg Television
Miran Talks Trump's Tariffs, Exemptions and Waller
White House Council of Economic Advisers Chair Stephen Miran says any inflationary impact from President Donald Trump's tariffs will be temporary. Speaking with Joe Mathieu on "Balance of Power," Miran also reacts to Federal Reserve Governor Christopher Waller emerging as a top candidate to serve as the central bank's chair. Sign up for the Washington Edition newsletter to find out how the worlds of money and politics intersect in the US capital: https://bloom.bg/3KkEimO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Highest US Tariff Among Developed Nations Takes Effect in Switzerland
1:06
Bloomberg Television
Highest US Tariff Among Developed Nations Takes Effect in Switzerland
Switzerland’s government will hold an emergency meeting to consider the fallout from the US tariffs. Nicole Sy explains how the 39% surcharge on Swiss exports to the US compares among developed countries. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Eyes 100% Chips Tariff | The Asia Trade 8/7/25
1:33:33
Bloomberg Television
Trump Eyes 100% Chips Tariff | The Asia Trade 8/7/25
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Singapore and Sydney with Haslinda Amin and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Correct: video has been edited to remove misstatement of figure during story about UOB earnings.) 00:00:00 - Bloomberg: The Asia Trade begins 00:02:56 - Trump eyes 100% chips tariff, but 0% for US investors like Apple 00:16:01 - Minerva Technology Futures' Emily Benson on Trump tariffs on chips 00:33:46 - Japanese trade negotiator Akazawa met with Lutnick on trade deal 00:36:47 - Trump plans Putin, Zelenskiy meeting as soon as next week 00:41:43 - SoftBank’s AI plans to overshadow earnings results 00:46:41 - Markets open in Japan, South Korea & Australia 00:46:50 - Breaking: SBS reports Samsung, SK Hynix not subject to 100% tariffs 00:52:55 - Pepperstone Research Strategist Dilin Wu on market outlook 01:01:41 - Trump threatens more Russian oil secondary sanctions 01:12:19 - Asia chip stocks mixed after Trump touts 100% chip tariffs 01:16:46 - Credit Agricole's Xiaojia Zhi on Chinese trade data 01:25:41 - Honda slips after profit guidance misses estimates 01:30:50 - AMD CEO Lisa Su says she's optimistic about a resumption of chip sales in China -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Bloomberg Economics Reporters Debut New Book on the Future of Interest Rates
3:11
Bloomberg Television
Bloomberg Economics Reporters Debut New Book on the Future of Interest Rates
Bloomberg's Jamie Rush, Stephanie Flanders and Tom Orlik have a new book on the future of interest rates publishing August 8th. It's called 'The Price of Money: A Guide to the Past, Present and Future of the Natural Rate of Interest', and it's a collection of essays by the Bloomberg Economics team. -------- Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV. Watch more here: https://www.bloomberg.com/btv/series/bloomberg-surveillance Subscribe and turn on notifications so you don't miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9 Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Follow Surveillance on X at: https://twitter.com/bsurveillance Follow the hosts: Jonathan Ferro: https://twitter.com/FerroTV Lisa Abramowicz: https://twitter.com/lisaabramowicz1 Annmarie Hordern: https://twitter.com/annmarie Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/
Published Aug 7, 2025
Lilly's New Weight-Loss Pill Underperforms in Study
3:15
Bloomberg Television
Lilly's New Weight-Loss Pill Underperforms in Study
Eli Lilly & Co.'s new weight-loss pill had lower weight loss and higher rates of nausea and vomiting than anticipated in a study, according to the company. That news sent the stock plunging Thursday morning, even though the company raised its yearly profit and sales outlook. In the study, patients taking the drug orforglipron, lost roughly 11% of their body weight, about 25 pounds. Bloomberg's Damian Garde reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Bloomberg Surveillance 8/7/2025
2:24:16
Bloomberg Television
Bloomberg Surveillance 8/7/2025
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. 00:00:00 Bloomberg Surveillance 00:06:48 Ben Laidler, Bradesco BBI 00:15:54 James Fishback, Azoria 00:25:10 Morning Movers 00:26:35 On Our Radar 00:31:14 Jim Bianco, Bianco Research 00:41:14 Kelsey Berro, JPMorgan Asset Management 00:53:34 Sarah Hunt, Alpine Saxon Woods 01:05:41 Everett Eissenstat, Squire Patton Boggs & Former National Economic Council Deputy Director 01:13:15 Morning Movers 01:15:19 On Our Radar 01:19:24 Mark Hoplamazian, Hyatt Hotels Corporation 01:29:49 Mike Pyle, BlackRock Portfolio Management Group 01:40:06 Kate Moore, Citi Wealth 01:53:58 Tom Forte, Maxim Group 02:03:30 Yelena Shulyatyeva, The Conference Board 02:10:28 Seema Shah, Principal Asset Management 02:17:13 Morning Movers 02:18:36 Trading Diary -------- Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV. Watch more here: https://www.bloomberg.com/btv/series/bloomberg-surveillance Subscribe and turn on notifications so you don't miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9 Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Follow Surveillance on X at: https://twitter.com/bsurveillance Follow the hosts: Jonathan Ferro: https://twitter.com/FerroTV Lisa Abramowicz: https://twitter.com/lisaabramowicz1 Annmarie Hordern: https://twitter.com/annmarie Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/
Published Aug 7, 2025
Goldman's Kaplan on Labor Data, Yields and Fed Rates
10:18
Bloomberg Television
Goldman's Kaplan on Labor Data, Yields and Fed Rates
Robert Kaplan, Goldman Sachs vice chair and former Federal Reserve Bank of Dallas president, discusses the accuracy of US labor statistics, the importance of Fed independence and the outlook for Treasury yields and monetary policy on "Bloomberg Open Interest." Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom.bg/4535pfS -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Waller Emerges as Trump's Pick to Replace Powell at Fed
2:42
Bloomberg Television
Waller Emerges as Trump's Pick to Replace Powell at Fed
Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank's chair among President Donald Trump's advisers. Mike McKee reports on "Bloomberg Open Interest." Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom.bg/4535pfS -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Morgan Stanley's Mike Wilson: We're In a New Bull Market
3:59
Bloomberg Television
Morgan Stanley's Mike Wilson: We're In a New Bull Market
Mike Wilson, Morgan Stanley chief US equity strategist, says "we're in a new bull market." He explains why on "Bloomberg Open Interest." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Says Secondary Tariffs on China Possible | Bloomberg: The China Show 08/07/2025
1:32:55
Bloomberg Television
Trump Says Secondary Tariffs on China Possible | Bloomberg: The China Show 08/07/2025
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. Chapters: 00:00:01 - Bloomberg: The China Show opens 00:03:07 - Trump eyes 100% chip tariffs, with some carveouts for US investors 00:13:02 - What to watch in Greater China today 00:14:43 - Rhodium Group's Reva Goujon on US chip tariffs 00:22:31 - Alert: PBOC sets yuan fix at strongest since November 2024 00:27:17 - Haitong International's Wang Shengzu on market outlook 00:40:27 - Alert: Taiwan mulls expanding special budget if chip tariffs broaden 00:53:21 - Trump says secondary tariffs on China possible 00:56:15 - Alert: Philippine economy beats expectations amid tariff turmoil 00:57:18 - Trump doubles India tariff to 50% 01:10:04 - 15% of companies in Japan's TOPIX index to report earnings Thursday 01:12:21 - Japan seeks US deal on auto tariffs, with Ishiba's fate on the line 01:17:22 - UBP's Ignatius Pang on currency markets 01:27:44 - AMD's Lisa Su on chip sales to China -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump doubles tariffs on India to 50%
0:29
Bloomberg Television
Trump doubles tariffs on India to 50%
US President Donald Trump doubled tariffs on Indian goods to 50% as a penalty for its purchases of Russian oil, according to the White House. India's Prime Minister Narendra Modi pledged to safeguard the interests of Indian farmers, saying they are "top priority". “For us, our farmers’ interests are top priority,” Modi said to applause at a conference in New Delhi Thursday. “India will never compromise with the interests of its farmers, herders, and fishermen. And I know that, personally, I will have to pay a heavy price for this — but I am ready for it.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Says Intel's CEO Should Resign Immediately
2:56
Bloomberg Television
Trump Says Intel's CEO Should Resign Immediately
President Donald Trump says the CEO of Intel should resign because he's "highly conflicted." Trump said on Truth Social that "there is no other solution to this problem." This week, Republican Senator Tom Cotton raised questions about CEO Lip-Bu Tan's ties to China. Mandeep Singh of Bloomberg Intelligence has more. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Says He Will Impose 100% Tariff on Semiconductors #apple #politics
0:48
Bloomberg Television
Trump Says He Will Impose 100% Tariff on Semiconductors #apple #politics
Trump Plans 100% Tariff on Chips With Carveout for Apple, Others Donald Trump said he would impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office. https://www.bloomberg.com/news/articles/2025-08-06/trump-plans-100-tariff-on-chips-with-carveout-for-apple-others?sref=omvmmwIg #apple #trump #trade #tariffs #politics #business #china @Apple $aapl More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Tariffs Take Effect; Fed Officials Voice Concern Over Labor Market | Bloomberg Brief 8/7/2025
43:28
Bloomberg Television
Tariffs Take Effect; Fed Officials Voice Concern Over Labor Market | Bloomberg Brief 8/7/2025
US equity futures rise after the Kremlin confirmed that Presidents Putin and Trump will meet for summit talks in the next few days. President Trump's sweeping new tariffs officially took hold, as he barrels forward with his turbulent push to reshape global trade. The president also announced his plans for a 100% tariff on chip imports while exempting Apple with its increased US investment. Three Fed officials voiced their concerns over the US labor market, pointing to a potential rate cut in September. Nandini Ramakrishnan of JPMorgan believes that tariffs will be difficult for some EM countries, such as South Korea and Taiwan, to handle. Thierry Wizman of Macquarie Group thinks the US government may want to raise the inflation target to 3%. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:00 - Intro 00:01:31 - First Look Movers 00:11:15 - Trending on the Terminal 00:13:19 - Nandini Ramakrishnan, JPMorgan Asset Management EM Equities Macro Strategist 00:18:06 - Front Page News 00:24:55 - Thierry Wizman, Macquarie Group Global FX & Rates Strategist 00:42:22 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Plans 100% Tariff on Chips With Carveout for Apple, Others (Full Remarks)
37:47
Bloomberg Television
Trump Plans 100% Tariff on Chips With Carveout for Apple, Others (Full Remarks)
Donald Trump said he would impose a 100% tariff on imports that include semiconductors, though would exempt companies moving production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a fresh $100 billion investment plan from the Oval Office. “We’re going to be putting a very large tariff on chips and semiconductors, but the good news for companies like Apple is, if you’re building in the United States, or have committed to build, without question, committed to build in the United States, there will be no charge,” Trump told reporters. “So in other words, we’ll be putting a tariff of approximately 100% on chips and semiconductors. But if you’re building in the United States of America, there’s no charge,” Trump said. “Even though you’re building and you’re not producing yet, in terms of the big numbers of jobs and all of things building, if you’re building, there will be no charge.” The announcement amounts to a major victory for Apple and Cook, who have faced escalating threats from Trump’s tariffs that threatened to ratchet up the cost of producing their signature phones and computers.  Apple’s $100 billion US investment will include a new manufacturing program designed to bring more of Apple’s production to the US. The company’s American Manufacturing Program partners include glassmaker Corning Inc., Applied Materials Inc., Texas Instruments Inc. and others, the company said.  Corning will dedicate an entire factory in Kentucky to Apple glass production, increasing that company’s workforce in the state by 50%, the iPhone maker said. Corning was already a supplier to Apple, making glass for the very first iPhone at the same factory. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Russia Claims Trump, Putin Summit to Take Place 'Within Days' | The Opening Trade 8/7
1:35:37
Bloomberg Television
Russia Claims Trump, Putin Summit to Take Place 'Within Days' | The Opening Trade 8/7
Presidents Vladimir Putin and Donald Trump will meet for summit talks within the next few days, the Kremlin said Thursday as european equity benchmarks and US stock futures rallied on the news. Russia and the US have agreed on a venue for the meeting and “together with our American colleagues, we are starting to work on specific issues,” with the aim of holding the talks next week, Kremlin foreign policy aide Yuri Ushakov told reporters. He said the location of the summit would be disclosed later. The announcement came a day after Putin met with Trump’s envoy Steve Witkoff in the Kremlin for nearly three hours of talks as the US pushed for an end to Russia’s war in Ukraine.  The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Oliver Crook and Valerie Tytel. Chapters: 00:00:00 - The Opening Trade 00:01:45 - Trump Tariffs 100% on Chips, Semiconductors 00:04:41 - Trump, Putin, Zelenskiy Ceasefire Talks 00:06:32 - Maersk Stock 00:09:54 - BOE Interest Rates 00:11:36 - China Exports Grow Unexpectedly 00:12:23 - Novartis Takeover Bid for Avidity 00:13:22 - Markets Check, FTSE 100 00:14:17 - Sandoz Group CEO Richard Saynor 00:25:01 - Merck CEO Belen Garijo 00:32:45 - Maersk CEO Vincent Clerc 00:46:46 - Stocks to Watch: Maersk, Rheinmetall, Chips 01:02:53 - IHG CEO Elie Maalouf 01:13:40 - German Industry Sinks 01:15:10 - Allianz CIO 01:28:00 - Siemens CEO Roland Busch 01:30:53 - Rheinmetall Profit Misses -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump to unleash more tariffs on semiconductors and chips
3:45
Bloomberg Television
Trump to unleash more tariffs on semiconductors and chips
Jim Messina, The Messina Group Founder & CEO and Democratic strategist, & Sarah Chamberlain, Republican Main Street Partnership President & CEO, discuss President Trump having Apple CEO Tim Cook in the Oval Office to speak on Apple's domestic investment and whether or not Democrats and Republicans will see eye to eye on this program. They also talk about the President's claim that there will be a 100% tariff on chips & semiconductors, but explain this claim is more of a negotiation tactic. Both Jim and Sarah speak with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Russia Announces Putin-Trump Summit Scheduled in Coming Days | The Pulse 8/07/2025
48:26
Bloomberg Television
Russia Announces Putin-Trump Summit Scheduled in Coming Days | The Pulse 8/07/2025
Presidents Vladimir Putin and Donald Trump will meet for summit talks within the next few days, the Kremlin said Thursday. Russia and the US have agreed on a venue for the meeting and “together with our American colleagues, we are starting to work on specific issues,” with a goal for the talks to take place next week, Kremlin foreign policy aide Yuri Ushakov told reporters, according to the Interfax news service. He didn’t identify where the summit will be held. The announcement came a day after Putin met with Trump’s envoy Steve Witkoff in the Kremlin for nearly three hours of talks as the US pushed for an end to Russia’s war in Ukraine. Trump has threatened to hit purchasers of Russian oil with secondary tariffs unless Putin agreed to a truce by Friday in the war that’s now in its fourth year. In trade news, President Donald Trump’s sweeping new tariffs officially took hold Thursday, as he barrels forward with his turbulent push to reshape global trade. After months of chaotic threats and reversals, higher rates for almost all US trading partners began just after midnight in New York. Trump signed the directive a week ago, but had to allow time for US Customs and Border Protection to make necessary changes to collect the levies. Taken together, Trump’s actions will push the average US tariff rate to 15.2%, according to Bloomberg Economics estimates, well above 2.3% last year and the highest level since the World War II era.  Today's guests: Jari Stehn, Goldman Sachs Chief European Economist, Mario Greco, Zurich Insurance Group CEO, Thomas Borer, Dr. Borer & Partner Founder and Managing Partner and former Swiss Ambassador to Germany, Richard Bloxam, JLL Capital Markets CEO "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse With Francine Lacqua 00:00:47 - Trump Says 100% Tariffs on Chips 00:05:50 - Trump: Could Put Tariffs on China for Buying Russian Oil 00:07:45 - Stocks Gain as Hopes Rise for Russia-Ukraine Truce 00:14:07 - Jari Stehn, Goldman Sachs Chief European Economist 00:19:26 - Mario Greco, Zurich Insurance Group CEO 00:20:46 - Swiss Cabinet Holds Emergency Session as US Tariffs Kick In 00:25:52 - Thomas Borer, Dr. Borer & Partner Founder and Managing Partner and former Swiss Ambassador to Germany 00:30:59 - Kremlin: Trump-Putin Meeting in Next Few Days Agreed: IFX 00:32:50 - Russia Says Putin-Trump Summit to Take Place Within Days 00:42:11 - Richard Bloxam, JLL Capital Markets CEO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Putin-Trump Meeting to Take Place Within Days, Russia Says
2:06
Bloomberg Television
Putin-Trump Meeting to Take Place Within Days, Russia Says
Presidents Vladimir Putin and Donald Trump will meet for summit talks within the next few days, the Kremlin said Thursday. Russia and the US have agreed on a venue for the meeting and “together with our American colleagues, we are starting to work on specific issues,” with a goal for the talks to take place next week, Kremlin foreign policy aide Yuri Ushakov told reporters, according to the Interfax news service. Bloomberg's Tony Halpin reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025
Trump Threatens 100% Chips Tariff, Hikes India Levy To 50% | Horizons Middle East & Africa 8/7/2025
46:16
Bloomberg Television
Trump Threatens 100% Chips Tariff, Hikes India Levy To 50% | Horizons Middle East & Africa 8/7/2025
President Trump says he'll impose a 100% duty on chips unless they're made in the US.. he also doubles the levy on Indian imports to 50% over Russian oil purchases. Trump says there's a "very good chance" he'll meet with Vladimir Putin and Volodymyr Zelenskiy soon to broker peace. Three Fed officials voice concern about the US labor market, with comments pointing to a potential rate cut in September. Guests include: Eric Robertsen, Standard Chartered, Global Head of Research & Chief Strategist; Ali Siddiqi, Adnoc Distribution CFO; and Sunil Kumar, Spinneys CEO. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:05:04 - Trump threatens 100% chip tariffs and hikes India levy to 50% 00:09:21 - Eric Robertsen, Standard Chartered, Global Head of Research & Chief Strategist 00:17:09 - Russia-Ukraine: Trump says good chance he'll meet Putin, Zelenskiy to broker peace 00:27:38 - Ali Siddiqi, ADNOC Distribution CFO 00:33:03 - Bank of England expected to cut rates to lowest in 2-years 00:36:40 - Sunil Kumar, Spinneys CEO 00:43:39 - Saudi Arabia reforms stock market rules to lure foreigners -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Aug 7, 2025