The US is proposing tariffs of at least 10% on imports from most major trading partners after an investigation into alleged forced labor. Mike Pompeo, former US state secretary, offers his view as investors also parse the latest development.
——–
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Listen to Bloomberg This Weekend for unique conversations spanning news, politics, lifestyle and culture. 
David Gura, Christina Ruffini and Lisa Mateo bring you unique discussions and in-depth conversations with lawmakers, business leaders and cultural icons. 
Bloomberg This Weekend gives you insight to make sense of the world.

Today’s show includes conversations with:
– Bloomberg Television Anchor Haslinda Amin from the Shangri-la Dialogue in Singapore
– Bloomberg Intelligence Senior Analyst Mandeep Singh
– Associated Press Reporter Phillip Crowther
– Bloomberg Law Reporter Bobby Iafolla
– Former CDC Director Tom Frieden
– Bloomberg News Texas Bureau Chief Julie Fine
– Bloomberg News Reporter Matthew Campbell
– Cisco Chief Product Officer Jeetu Patel

Here are the stories we’re following:
-Several Americans were hurt in a missile attack on a Kuwaiti air base over the past day as a White House meeting to discuss extending the ceasefire with Iran ended without conclusion.
– A federal judge ordered President Donald Trump to respond to “grievous allegations” that his deal with the government to create a $1.8 billion fund to resolve his lawsuit against the Internal Revenue Service was the result of a “fraud” on the court.
-President Donald Trump “remains in excellent health,” according to the White House doctor, after undergoing a physical earlier this week which included a cognitive test.
– The IISS Shangri-La Dialogue is Asia’s premier defense summit, bringing senior officials from around the world to Singapore for three days of discussions. They will tackle pressing security issues, from the fragile ceasefire in the Middle East to the war in Ukraine and the intensifying great-power rivalry between the US and China in the Trump era. US Defense Secretary Pete Hegseth is expected to attend, while Vietnam’s newly minted President To Lam is set to deliver the keynote address.
– The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, a person with knowledge of the matter said, buoying hopes for a resolution to a three-month conflict that has killed thousands and roiled the global economy.
– Earnings from technology stocks had a big week. Dell, Salesforce, Snowflake and several others saw shares surge after results and forecasts that blew past estimates.
– A White House plan to rapidly repeal regulations has flopped, with just a handful of rules dumped via the expanded use of an administrative shortcut since a widespread review effort was ordered more than a year ago.
– As Donald Trump celebrated Ken Paxton’s landslide win in Texas, Republican officials were busy gearing up for a brutal fight that may end up costing them more than $100 million to stop a Democrat from flipping a seat in a state the president won by 14 percentage points.
– Travel restrictions and border closures are hindering the response to Ebola as aid workers say they are battling to get to some of the areas where the outbreak has been the most vicious. 

#politics #trump #iran , #iranwar, #elections #electionnews #taiwan #taiwannews #singapore #chinanews #china #ebolavirus #texas #technews

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Congressional Black Caucus Chair Yvette Clarke, Democratic Representative from New York, says Louisiana’s new congressional map eliminating a majority-Black district is part of a broader redistricting push that is “devastating” for Black political representation. She says Democrats must fight the effort in court and through legislation, arguing her party cannot “sit back” as Republicans redraw maps to protect their House majority. She speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.”
——–
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Get a jump start on the US trading day with Matt Miller and Dani Burger on “Bloomberg Open Interest.” Alphabet is raising $80 billion in equity, including an investment deal with Berkshire Hathaway to help fund its AI spending plans.  Anthropic’s IPO filing raises the stakes against OpenAI. Plus, US job openings jumped in April to the highest level in almost two years.  SpaceX negotiates to pay razor-thin fees to Wall Street firms handling its IPO. And the collector car market enters a new era. We discuss with Hagerty CEO McKeel Hagerty. And MongoDB CEO CJ Desai joins Bloomberg Open Interest to talk about how AI is powering his firm and what’s next for enterprise AI.

Chapters:
00:00:00 – Open Interest
00:02:26 – Alphabet to Raise $80B in Equity for AI Spending
00:05:58 – Anthropic File Confidentially for IPO
00:07:42 – Citadel is said to Start Paying for Trading Ideas
00:12:11 – High Interest | Andrew Left, Lebanon, William J. Pulte
00:13:05 – Trump Names Pulte Acting Director of National Intelligence
00:20:05 – RaeAnn Mitrione, Callan Family Office | Earnings Projections Make S&P 500 a Bargain
00:23:28 – Stocks to Watch | Alphabet A-Shares
00:31:41 – Top Calls | Intuit, Meta, Hewlett Packard Enterprise
00:32:44 – Brent Thill Jefferies | Alphabet Falls on $80B capital Raise to Fund AI
00:41:09 – SpaceX Wants IPO Fee Cut From Bankers
00:44:36 – Kara Murphy Kestra Investment Management | US April Job Openings
00:59:19 – Castlelake to Hunt for Partner on EasyJet Bid:FT
01:01:39 – Jackie Simmons and Norwegian Finance Minister and Former NATO Secretary General Jens Stoltenberg
01:05:38 – Cj Desai MongoDB | MongoDB Pulls Back After Post – Earnings Rally
01:14:40 – McKeel Hagerty Hagerty | Ferraris Drive Auction Market
01:24:06 – Landmark Verdict for Short Sellers
——–
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Anthropic has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. Also on the show: President Donald Trump and Israeli Prime Minister Benjamin Netanyahu offered differing accounts of a call about the fighting in Lebanon, as the US struggled to get efforts toward an Iran peace deal back on track; stocks eased from all-time highs as investors took a breather from the AI-driven rally; Russian officials tell Putin war spending is unaffordable; Ethiopian PM Abiy Ahmed set to secure another term; Turkey’s economy cools more than expected in 1Q. Guests include: Sree Kochugovindan, Aberdeen Investments Senior Research Economist; Niamh McBurney, Control Risks Associate Director.

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
00:03:23 – Anthropic files confidentially for IPO
00:09:00 – Sree Kochugovindan, Aberdeen Investments Senior Research Economist
00:15:55 – Trump aims to calm Lebanon tensions
00:20:22 – Russian officials tell Putin war spending is unaffordable
00:27:12 – Niamh McBurney, Control Risks Associate Director
00:35:52 – Ethiopian PM Abiy Ahmed set to secure another term
00:42:35 – Turkey’s economy cools more than expected
——–
More on Bloomberg Television and Markets

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