

Trump Eyes Gradual Tariffs, UK Bond Deluge Resumes, and Is TikTok For Sale?
Jan 14, 2025
In this discussion, Kritti Gupta, a Bloomberg TV anchor, delves into Donald Trump's strategy of gradually increasing tariffs. This cautious approach aims to enhance negotiating leverage while mitigating inflation spikes. Gupta also highlights the UK's bond market dynamics amid recent turmoil and Prime Minister Keir Starmer's steadfast fiscal stance. Additionally, the potential acquisition of TikTok by Elon Musk is examined, reflecting broader geopolitical tensions and regulatory challenges. It's a whirlwind of economic insights and political intrigue!
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Gradual Tariff Hike Proposal
- Some of Donald Trump's economic team are considering a gradual tariff increase.
- This approach aims to boost negotiating leverage while avoiding a spike in inflation.
UK Chancellor Under Pressure
- UK Chancellor Rachel Reeves faces scrutiny amid market turbulence and rising gilt yields.
- Prime Minister Keir Starmer expressed confidence in Reeves despite the challenges.
TikTok's Potential Sale to Elon Musk
- Chinese officials are considering selling TikTok's US arm to Elon Musk if the app is banned in America.
- Beijing prefers ByteDance retain ownership but is exploring contingency plans.