Bloomberg Daybreak: US Edition Trump Calls Musk Presidency Talk Hoax; Nissan-Honda Merger
Dec 23, 2024
Trump dismisses claims that he has handed over the presidency to Musk as a hoax, stirring up political chatter. Meanwhile, Panama's leader is rekindling tensions over control of the canal. In the business realm, Honda and Nissan are formalizing merger discussions, aiming for a union by 2026. The podcast dives into how Elon Musk's considerable influence intertwines with budget negotiations and the automotive industry, making for a compelling intersection of politics and markets.
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Trump Denies Presidency Handover
- Donald Trump denies ceding the presidency to Elon Musk, calling it a hoax.
- This comes amid concerns about Musk's influence on the incoming administration.
Global Turmoil from Trade Threats
- Trump's trade threats are causing global turmoil, including a dispute with Panama over canal fees.
- Panama's president asserts their sovereignty and calls the demands non-negotiable.
Stopgap Bill Averts Shutdown
- A stopgap bill averted a government shutdown, but it excludes Trump's demand for a debt ceiling suspension.
- Republicans abandoned a bipartisan deal due to pressure from Trump and Musk.