Bloomberg News Now October 26, 2025: Trump Heads to Japan, Argentina's Milei Midterm Victory, More
Oct 27, 2025
In a whirlwind of international news, Trump brokered a peace deal between Cambodia and Thailand, highlighting his foreign policy maneuvers. He also unveiled new trade agreements aimed at boosting access to crucial minerals and U.S. agricultural markets. Meanwhile, Javier Milei's party clinched a parliamentary majority in Argentina, pushing his economic reforms forward. The podcast also dives into the escalating U.S.-China trade tensions and the aftermath of the Louvre jewelry heist, rounding out with exciting news about BTS's global tour.
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Trump's Diplomatic Push In Asia
- President Trump traveled from Malaysia to Japan after brokering regional agreements and mediating a Cambodia-Thailand peace deal.
- He also unveiled trade agreements with Southeast Asian nations and emphasized U.S. partnership and market access.
Tariff Framework With China Emerges
- U.S. and Chinese officials agreed on a tariff and trade framework during talks in Malaysia ahead of a Trump-Xi meeting.
- Treasury Secretary Scott Besson said the framework could avert a 100% U.S. tariff and include substantial Chinese agricultural and rare earth commitments.
Milei Strengthens Reform Mandate
- Argentina's President Javier Milei won midterm support with roughly 41% of the vote and a congressional plurality.
- The result strengthens his mandate for sweeping economic reform and supports international stabilization efforts.