Bloomberg Surveillance Single Best Idea with Tom Keene: James Steel & Dan Tannebaum
Aug 8, 2025
Discover how industrial AI is revolutionizing business operations, with Siemens Accelerator leading the charge. Tune in for eye-opening insights into unexpected market shifts in precious metals, especially gold, amidst geopolitical tensions. The conversation also reveals the intricate dance of U.S. sanctions and their impact on international relations, particularly concerning India and its oil dealings. This engaging discussion weaves together technology, finance, and global politics.
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Protect Essential Metals From Tariffs
- James Steel says tariffs shouldn't target essential metals like platinum and palladium because the U.S. barely produces them.
- He warns gold may be ill-suited for tariffs too.
U.S. Has Leverage Over Oil Purchasers
- Dan Tannebaum says primary and secondary sanctions could cut Indian entities off from the U.S. economy.
- He warns the leverage could halt Indian purchases of Russian oil but remains unused.