
Bloomberg Daybreak: Asia Edition
New Tariffs Loom, China to End Real-Time Foreign Flow Data
May 13, 2024
Bloomberg's podcast explores Biden's plan for new tariffs on Chinese goods, US-China relations, market dynamics, and strategies for navigating market volatility, inflation concerns, and interest rate impacts on companies. Guests provide insights on the American auto industry, labor market challenges, and investment strategies amidst uncertainty.
23:49
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Quick takeaways
- Implications of US tariffs on Chinese goods, targeting EVs and green tech, raise concerns over job markets and climate change.
- Market trends show importance of adaptive investment strategies amidst economic uncertainty, focusing on cyclical equities and defense sectors.
Deep dives
US-China EV Tariffs and Global Trade Impact
The podcast episode discusses the implications of the US government's targeted tariffs on Chinese goods, particularly focusing on sectors like electric vehicles (EVs) and green technologies. The Biden administration's move to increase tariffs on Chinese products such as EVs, due to concerns over overcapacity in China, has raised questions about the impact on job markets and the climate change fight. The discussion examines the political and economic dynamics driving these tariff decisions, as well as the potential consequences for Chinese manufacturers and global trade.
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