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Trump, Putin Speak 1st Time After Ukraine Drone Strike | Balance of Power: Early Edition 6/4/2025
52:37
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Bloomberg Television
Trump, Putin Speak 1st Time After Ukraine Drone Strike | Balance of Power: Early Edition 6/4/2025
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the phone call between US President Donald Trump and Russian President Vladimir Putin. On today's show, Bloomberg's Tyler Kendall, Republican Senator Bill Hagerty of Tennessee, Democratic Senator Elizabeth Warren of Massachusetts, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, Lighthouse Public Affairs Founder Chapin Fay, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, Alberta Premier Danielle Smith. -------- 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 Jun 4, 2025
Fed Beige Book Shows Economic Activity Has Declined Slightly
8:27
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Bloomberg Television
Fed Beige Book Shows Economic Activity Has Declined Slightly
Economic activity declined slightly in the US in recent weeks, indicating tariffs and elevated uncertainty are rippling across the economy, the Federal Reserve said in its Beige Book survey of regional business contacts. Catarina Saraiva has more. 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 Jun 4, 2025
Trump Tax Bill Would Add Trillions to Debt, CBO Says
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Bloomberg Television
Trump Tax Bill Would Add Trillions to Debt, CBO Says
The House-passed version of President Donald Trump's tax and spending bill would add $2.42 trillion to US budget deficits over the next decade, according to a new estimate from the Congressional Budget Office. The bill faces opposition in the Senate, where lawmakers have expressed varying demands for changes, and Trump administration officials have dismissed CBO projections as inaccurate. The bill would make permanent Trump's 2017 income-tax cuts, provide new benefits, and feature federal spending cuts, including to clean-energy credits, and new work requirements for Medicaid beneficiaries and new guidelines for the Supplemental Nutrition Assistance Program. Senator Bill Hagerty, Republican from Tennessee joins to discuss the future of the tax bill and what changes might be in store for the House-passed tax-cut and spending bill. -------- 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 Jun 4, 2025
Trump Says Xi Is 'Hard to Make a Deal With'
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Bloomberg Television
Trump Says Xi Is 'Hard to Make a Deal With'
Enda Curran, Global Economy reporter for Bloomberg News, discusses trade tensions between the US and China after Trump's late night Truth Social post. President Donald Trump is positioning a personal discussion with his Chinese counterpart as the key to preventing the world’s largest economies from spiraling deeper into their trade and technology fight. But Chinese leader Xi Jinping is making clear that a phone call doesn’t come without a price — a resolute stand so far that’s apparently keeping Trump up late into the night. “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” Trump posted on Truth Social at around 2:17 a.m. Washington time. His complaint came after a flurry of US officials claimed this week the two men were set to speak. Exactly what the Chinese are asking the White House to relinquish in order to secure the one-on-one remains unclear. But the US president’s unanswered pleas are looking more like a standoff without an off ramp. Beijing, meanwhile, is making overtures in the direction of Europe, which is engaged in its own tariff dispute with Trump. “If China doesn’t want a call, it could be that they don’t intend to comply or are intentionally holding their cards for the time being,” said Kelly Ann Shaw, a partner at Akin Gump and former senior adviser to Trump during his first term. “If there isn’t a call, I would expect further escalation in the bilateral relationship before things de-escalate again.” -------- 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 Jun 4, 2025
Musk Calls Trump Tax Bill a 'Disgusting Abomination'
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Bloomberg Television
Musk Calls Trump Tax Bill a 'Disgusting Abomination'
Elon Musk blasted President Donald Trump’s signature tax bill as a budget-busting “abomination” amid growing criticism by Republican fiscal hawks of the massive fiscal package. Joshua Gallu reports on Bloomberg Television. -------- 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 Jun 4, 2025