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Stocks Surge as US, China Trade Tensions Cool | Bloomberg Open Interest 05/12/2025
1:45:52
Bloomberg Television
Stocks Surge as US, China Trade Tensions Cool | Bloomberg Open Interest 05/12/2025
The risk rally is on as the US and China slash tariffs on goods for 90 days in a move to cool trade tensions. And President Trump is promising to slash drug prices for Americans by more closely aligning their costs to lower prices paid abroad. He signs an executive order directing the US Trade Representative and the US Department of Commerce to take action on what White House officials said are unreasonable or discriminatory policies that suppress drug prices overseas. Chapters: 00:00:00 - Bloomberg Open Interest 00:02:06 - Tyler Kendall, Bloomberg News 00:05:00 - Caroline Hyde and Gerry Smith, Bloomberg News 00:12:53 - Brendan Murray, Bloomberg News 00:18:19 - Lori Calvasina, RBC Capital Markets 00:33:03 - Top Calls 00:34:19 - Emily Field, Barclays 00:39:20 - President Donald Trump Speaks 01:17:11 - Tyler Kendall and Sam Fazeli, Bloomberg News 01:26:07 - Wendy Cutler, Asia Society Policy Institute 01:30:21 - President Donald Trump Speaks -------- 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 May 12, 2025
Trump Says He May Speak to Xi This Week After Tariffs Truce: Full Q&A
16:39
Bloomberg Television
Trump Says He May Speak to Xi This Week After Tariffs Truce: Full Q&A
US President Donald Trump said he would likely speak to Chinese leader Xi Jinping later this week following talks between Washington and Beijing to temporarily lower tariffs and de-escalate the trade war. The tariff arrangement will see the combined 145% US levies on most Chinese imports reduced to 30% and the 125% Chinese duties on US goods will drop to 10% for three months to give the countries time to negotiate a broader agreement on trade. Trump claimed that China had agreed to “suspend and remove all of its non-monetary barriers” and that tariffs could go above the 30% level if talks over the next 90 days failed to secure an agreement. Sign up for the Balance of Power newsletter for the latest political news, analysis, charts, and dispatches from around the globe. https://bloom.bg/3yEZvWd -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Published May 12, 2025
Trump Says Luxury Jet From Qatar Is a Gift to the Department of Defense
1:13
Bloomberg Television
Trump Says Luxury Jet From Qatar Is a Gift to the Department of Defense
President Donald Trump says it would make no sense to reject a luxury Boeing 747-8 jumbo jet being offered to the US from Qatar. “It’s not a gift to me; it’s a gift to the Department of Defense,” Trump told reporters at the White House on Monday. Trump says he won't use the jet after leaving office. The new jet could be used as Air Force One while Boeing works on delivering two new jets for the Pentagon. Sign up for the Balance of Power newsletter for the latest political news, analysis, charts, and dispatches from around the globe. https://bloom.bg/3yEZvWd -------- 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 May 12, 2025
Stocks Rally After US, China Reach Temporary Deal on Trade, Tariffs
3:26
Bloomberg Television
Stocks Rally After US, China Reach Temporary Deal on Trade, Tariffs
A rebound in risk appetite due to a reprieve in the US-China trade war led to a rally in stocks, with the S&P 500 jumping 2.5% and the Nasdaq 100 rising 3.2%. The temporary lowering of tariffs between the US and China has given the countries time to negotiate a more comprehensive trade deal, boosting market sentiment and driving short-term yields higher. Despite the positive news, some analysts remain cautious, citing the need for sustained earnings growth and a more dovish Fed to support a durable market rally. BMO's Jennifer Lee joins to discuss her outlook for a recession in 2025. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Published May 12, 2025
Bloomberg Surveillance 05/12/2025
2:28:16
Bloomberg Television
Bloomberg Surveillance 05/12/2025
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 00:07:09 Russ Koesterich, BlackRock 00:18:21 Kate Kalutkiewicz, Former Trump White House trade official 00:24:56 Morning Movers 00:26:17 On Our Radar 00:30:05 Huw Van Steenis, Oliver Wyman 00:39:47 Torsten Slok, Apollo 00:52:03 Kevin Gordon, Charles Schwab 01:05:29 Henrietta Treyz, Veda Partners 01:13:06 Morning Movers 01:14:26 On Our Radar 01:18:10 Jill Carey Hall, BofA Securities 01:25:30 Scott Bessent, Treasury Secretary 01:42:57 Meera Pandit, JPMorgan Asset Management 01:53:48 Oliver Chen, TD Cowen 02:04:45 Morning Movers 02:08:26 Seth Carpenter, Morgan Stanley 02:13:19 Earl Davis, BMO Global Asset Management 02:21:48 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 May 12, 2025
Trump Announces Executive Order to Lower Drug Prices
2:28
Bloomberg Television
Trump Announces Executive Order to Lower Drug Prices
President Donald Trump says he'll sign an executive order that will lower drug prices for Americans. The order aims to align patient costs with lower prices paid abroad, focusing on Medicare and weight-loss drugs, and potentially importing more drugs from other nations. He speaks at the White House. -------- 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 May 12, 2025
Trump Says US Achieved Total Reset With China
1:53
Bloomberg Television
Trump Says US Achieved Total Reset With China
President Donald Trump says "we achieved a total reset" with China over the weekend. He says trade talks were very friendly and China also will remove all non-monetary barriers. He speaks at the White House. -------- 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 May 12, 2025
Bessent says China tariff pause level is “obviously a floor”
1:12
Bloomberg Television
Bessent says China tariff pause level is “obviously a floor”
US Treasury Secretary Scott Bessent says the current tariff level on China is “obviously a floor,” and that the April 2nd level was a ceiling, but a process is in place to avoid further escalation bloom.bg/4kgvtKV 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 May 12, 2025
Bessent Says It Is ‘Implausible' Tariffs on China Go Below 10%
15:45
Bloomberg Television
Bessent Says It Is ‘Implausible' Tariffs on China Go Below 10%
US Treasury Secretary Scott Bessent said the current tariff level on China is “obviously a floor,” with a process in place to avoid further escalation as he discusses the US and China temporarily lowering tariffs on each other’s products. Bessent also addressed the potential for talks between Presidents Donald Trump and Xi Jinping and offered an update on Asia trade negotiations and his outlook for the tax bill and deregulation by the end of the year. He spoke on “Bloomberg Surveillance.” 00:00 Secretary Bessent 00:30 Bessent on talks with China 00:50 Bessent says neither side wants a decoupling 02:00 Bessent - this is a pause down to 10% 02:56 Bessent, this is a floor for tariffs 05:30 Bessent: we are focused on fair trade 07:19 Bessent: we need a fair deal for the American people 09:00 Bessent: this is a 90 day pause 10:00 Bessent on the fentanyl crisis 12:30 Bessent on future trade negotiations Sign up for the Balance of Power newsletter for the latest political news, analysis, charts, and dispatches from around the globe. https://bloom.bg/3yEZvWd -------- 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 May 12, 2025