Bloomberg Daybreak: US Edition Trump May Implement Copper Tariffs Soon; Wall Street Bonuses Soar On today's podcast:
10 snips
Mar 26, 2025 Tariffs on copper imports could be implemented much sooner than expected, impacting markets significantly as prices soar. President Trump is scrutinizing a journalist's presence in sensitive military discussions, raising eyebrows in Washington. Meanwhile, Wall Street bonuses ballooned to an astounding $47.5 billion, reflecting a vibrant economic landscape. The podcast also touches on recent developments in Ukraine, plans for a Greenland trip, and how AI is reshaping business dynamics.
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Copper Tariffs Imminent
- U.S. tariffs on copper imports could arrive within weeks, much earlier than the anticipated deadline.
- Copper prices surged to a record high in response to this news.
Signal Chat Investigation
- President Trump is investigating how journalist Jeffrey Goldberg was added to a text group of top officials discussing Yemen military plans.
- Trump expressed support for National Security Advisor Michael Waltz despite the security breach.
Treasury Layoffs
- The Treasury Department plans to lay off a substantial number of employees due to President Trump's executive order.
- This order implements the Department of Government Efficiency, led by Elon Musk.