Bloomberg Daybreak: US Edition

Trump Says China Deal Possible; NYC Congestion Pricing Heads to Court

Feb 20, 2025
Jennifer Lawless, a professor and politics chair at the University of Virginia, dives into President Trump's recent commentary on U.S.-China trade relations, suggesting a new deal could be on the horizon despite ongoing tensions. She also discusses Trump's critique of Ukrainian President Zelensky during the ongoing conflict, leaving Ukraine with limited options. Additionally, the conversation touches on Trump's legal maneuvering against NYC's congestion pricing, raising questions about the future of urban tolling initiatives and economic policies.
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INSIGHT

Potential US-China Trade Deal

  • President Trump signals openness to a new trade deal with China despite recent tariffs.
  • He praised Xi Jinping and highlighted a previous deal's benefits for farmers and manufacturers.
INSIGHT

Trump's Shift on Zelensky

  • Trump's stance against Zelensky leaves Ukraine with tough choices.
  • Ukraine can continue fighting with European aid or accept a Trump-Putin deal.
ANECDOTE

NYC Congestion Pricing Legal Battle

  • The Trump administration attempts to block NYC's congestion pricing, prompting an MTA lawsuit.
  • Governor Hochul remains defiant, stating the program will proceed during litigation.
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