Bloomberg Intelligence

Trump Tariffs, ISM Data, Auto

7 snips
Apr 1, 2025
Henrietta Treyz, Managing Partner at Veda Partners, discusses the complexities of President Trump's tariffs and their potential impact on agriculture and trade. Sarah Ponczek of UBS analyzes the fluid market outlook amidst escalating tariff tensions, signaling a possible cycle of retaliation. Steve Man, a Bloomberg analyst, highlights the automotive industry's response to these tariffs and the challenges of reshoring production, revealing how these factors could reshape U.S. manufacturing and job creation.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Tariff Uncertainty

  • The forthcoming tariffs lack clear justification, as supporting reports haven't been released.
  • This disarray suggests ongoing uncertainty, despite anticipated tariff announcements.
INSIGHT

Congressional Silence on Tariffs

  • Congress has been unusually quiet about the new trade policies and tariffs.
  • However, a Senate vote on IEPA tariffs against Canada is expected, with Republican opposition.
INSIGHT

Political Calculation Behind Tariffs

  • The White House believes it has a mandate for tariffs, despite polls suggesting low public support.
  • They hope for a market calming and tariff reductions after the initial announcements, aiming for a turnaround before the 2026 midterms.
Get the Snipd Podcast app to discover more snips from this episode
Get the app