Bloomberg News Now June 9, 2025: Marines Deployed Amid LA Protests, US-China Trade Talks, More
5 snips
Jun 10, 2025 National Guard troops have been deployed in LA amidst protests, raising legal and political concerns. The ongoing US-China trade talks focus on tech export regulations and rare earth supplies, with companies like Tesla feeling the heat from political tensions. Meanwhile, Apple unveils exciting new features at their conference, and Warner Brothers Discovery is restructuring to address debt issues. The podcast also delves into recruitment challenges in today’s job market, offering insights on talent retention and the importance of financial literacy.
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Unprecedented Military Deployment in LA
- The deployment of Marines alongside the National Guard in LA protests marks an unprecedented escalation.
- Legal mechanisms to prevent deploying active duty military in such roles are unclear and complex.
Nuanced U.S.-China Trade Talks
- U.S.-China trade talks focus on easing tensions around rare earth materials and tech exports.
- Both sides signal cooperation but remain cautious with minimal public comments.
Tesla's Political and Market Challenges
- Tesla faces skepticism due to political conflicts and diminishing EV tax credits impacting demand.
- Despite downgrades, Tesla shares showed resilience with a 4.5% gain in trading.