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Trump Tariffs: Customers Expecting Payback, Says Swiss Chemicals Business | The Pulse 2/26

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2 months ago

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Clariant expects the US government to provide clarity within weeks on how to reclaim overpaid tariff duties, the Swiss specialty chemical company said Thursday.
The US Supreme Court declared President Donald Trump’s sweeping global tariffs under economic emergency powers law illegal last week. Switzerland was temporarily hit with a 39% rate under those tariffs, later cut to 15%. Clariant paid 20 million Swiss francs ($26 million) in tariffs to the US last year.
“Several companies have already issued litigation. We’ve not yet done that but we’re looking at all options right now,” Chief Executive Officer Conrad Keijzer told Bloomberg TV.

Today’s guests:
Greg Peters, PGIM Fixed Income, Co-CIO; Conrad Keijzer, Clariant CEO; Beata Javorcik, European Bank for Reconstruction and Development, Chief Economist.

—

“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
00:00:25 – Investors tepid on upbeat Nvidia forecast
00:02:39 – Cuba says 4 boat passengers killed & six injured
00:04:29 – Greg Peters, PGIM Fixed Income Co-CIO
00:15:27 – Conrad Keijzer, Clariant CEO
00:23:36 – Thursday headlines
00:24:08 – German Chancellor Merz continues Chinese state visit
00:26:32 – Merz to visit Washinton
00:31:13 – Beata Javorcik, EBRD Chief Economist
00:38:44 – Modi, Israel deepens defense and trade ties
00:39:08 – Greer: Trump to hike tariffs to 15% “where appropriate”
00:39:55 – Zelenskiy, Trump discuss next steps for peace talks
00:40:21 – US, Iran to hold nuclear talks today
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Trump Says US Will Give Ukraine License to Make Patriot Missiles

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13 minutes ago

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July 16, 2026

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President Donald Trump, speaking at the NATO Summit in Ankara, Turkey, says the US plans to give Ukraine a license to make their own air defense Patriot missiles. During a meeting with Ukraine President Volodymyr Zelenskyy, Trump says it’s very complex, but we’ll “show them how to do it.”
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Ukraine Seeks Faster Patriot Production

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2 hours ago

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July 16, 2026

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Axios defense reporter Colin Demarest says President Donald Trump’s proposal to let Ukraine produce Patriot interceptors faces significant manufacturing, licensing and technology hurdles, making it unlikely to address Kyiv’s immediate air defense needs. He says shortages of advanced interceptors continue to raise broader questions about defense industrial capacity, while Ukraine’s rapid innovation in drones is reshaping how allies think about modern warfare.
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Paramount-Warner Bros. Deal Challenged by California, States

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3 hours ago

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July 15, 2026

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A group of 12 states sued Paramount Skydance Corp. Monday seeking to block its $110 billion bid to buy Warner Bros. Discovery Inc., alleging the blockbuster Hollywood deal would leave viewers with higher prices and fewer choices for movies and television.  Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst for Antitrust joins Bloomberg Businessweek Daily to discuss.
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Makary on FDA’s rollback of hormone replacement therapy warnings #shorts #fda #hrt #womenshealth

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5 hours ago

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July 15, 2026

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Dr. Marty Makary, former FDA Commissioner, explains the decision behind the FDA’s rollback of long-standing warnings on hormone replacement therapy. On Wall Street Week we look at the $360 billion women’s health market, Wall Street’s investment in menopause and the challenges of distinguishing evidence-based care from marketing hype https://bloom.bg/3EMZYZX

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Maine Democrats Face Tight Senate Deadline

Published

6 hours ago

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July 15, 2026

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Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
——–
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