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Bessent Says China Tariff Truce Could Be Extended
2:11
Bloomberg Television
Bessent Says China Tariff Truce Could Be Extended
Treasury Secretary Scott Bessent says the US wants to help China, not hurt it, but he says the US and its allies will not let China control the global supply of rare earths. Bessent also said the US could delay implementation of additional 100% tariffs on China. "All that’s going to be negotiated in the coming weeks” before Chinese and US leaders meet in South Korea, he said during a press conference at the Treasury Department Wednesday morning. -------- 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 Oct 15, 2025
Morgan Stanley, Bank of America Beat Estimates as Trading Activity Surges
2:47
Bloomberg Television
Morgan Stanley, Bank of America Beat Estimates as Trading Activity Surges
Morgan Stanley and Bank of America both beat Wall Street estimates for third quarter earnings. It was a very special quarter for Morgan as its trading revenue finally surpassed that of rival Goldman Sachs. Goldman has dominated the equity-trading business in recent years. Bank of America also reported earnings that beat estimates on higher investment banking revenue. Bloomberg's Sridhar Natarajan reports 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 Oct 15, 2025
ASML Orders Beat Estimates, LMVH Stock Soars After Sales Turnaround | The Opening Trade 10/15
1:36:00
Bloomberg Television
ASML Orders Beat Estimates, LMVH Stock Soars After Sales Turnaround | The Opening Trade 10/15
ASML posted stronger-than-expected orders in the third quarter and said sales next year would be at least on par with 2025, as AI fueled demand for its chip-making machines. LVMH shares surged after the owner of Louis Vuitton and Christian Dior unexpectedly returned to sales growth in the third quarter, suggesting a slump in luxury demand is easing. Revenue rose 1% on an organic basis, snapping two quarters of declines. 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 Anna Edwards, Guy Johnson and Lizzy Burden. Chapters: 00:00:00 - The Opening Trade 00:02:07 - Stocks Rally on Fed's Powell 00:05:33 - France: Lecornu Wins Socialist Party Backing 00:05:55 - ASML, LVMH Earnings 00:10:24 - Trump Plans to Pay Troops 00:10:33 - Stellantis to Invest $13B in US 00:11:10 - Bouygues-led group 17B SFR Bid 00:13:33 - Powell Signals Rate Cut 00:14:45 - French Bonds Rally 00:26:03 - Bank Earnings 00:38:21 - Lecornu's Draft Budget 00:47:21 - Stocks to Watch: LVMH, ASML, Stellantis 01:04:50 - ASML Stock 01:13:07 - Kering 52-Week High 01:14:26 - Trump Reignites China Trade Tensions 01:23:31 - Gold Rallies Again 01:28:32 - China, Rare Earth Metals Threat 01:32:27 - ASML Says it Has All Materials for ComingMonths -------- 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 Oct 15, 2025
Trump’s Tariff Shift and the End of Duty-Free Imports
10:32
Bloomberg Television
Trump’s Tariff Shift and the End of Duty-Free Imports
The end of a US trade rule once meant to simplify imports is now threatening small businesses around the world. The Trump Administration’s removal of the “de minimis” tariff exemption — which let shipments under $800 enter the US duty-free — is creating new costs and confusion for independent sellers like British artist Harriet de Winton. What was designed to curb cheap imports from China is now catching small entrepreneurs in its wake. -------- 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 Oct 15, 2025