Bloomberg Daybreak: US Edition

Akshat Rati, host of the Zero podcast and climate change expert, dives into pressing geopolitical issues. He discusses the Trump administration's attempts to further tighten semiconductor restrictions on China, calling allies to action. Rati also examines the unusual alliance between the U.S. and Russia in the UN, where both countries shied away from assigning blame for the Ukraine conflict. Additionally, he touches on the impending tariffs on Canada and Mexico, hinting at their economic ramifications while reflecting on Trump's evolving trade strategies.

Stephen Carroll, the anchor of Bloomberg Daybreak Europe, shares his insights on key political shifts. He delves into Trump’s aggressive trade measures targeting China, including calls for Mexico to impose tariffs. The conversation shifts to Friedrich Merz's election victory in Germany, positioning him to tackle pressing challenges and lead Europe during uncertain times. Carroll analyzes the implications of these political maneuvers on international relations, security dynamics, and the future of the European economy.

Jenny Marsh, Greater China EcoGov team leader at Bloomberg, dives into U.S.-China relations and China's economic strategies. She highlights the implications of rising tariffs and the shift towards domestic demand in China. The discussion also covers NVIDIA's earnings potential, driven by AI advancements, amid market fluctuations. Additionally, Marsh sheds light on the upcoming G20 summit in South Africa, emphasizing its pivotal role in global finance and the impact of the U.S.'s absence on developing nations.

President Trump emphasizes the importance of his agenda for Republican governors, warning that it could impact their electoral success. In a tragic turn of events, Israel announces a misidentified hostage case linked to Hamas, revealing disturbing details about the return of remains. Meanwhile, New York Governor Hochul opts not to remove Mayor Adams, instead proposing checks on his administration while respecting democratic processes. Discussions also touch on corporate diversity strategies and the emotional landscape of recent hostage negotiations.

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.

President Trump considers imposing 25% tariffs on auto, semiconductor, and pharmaceutical imports, aiming to boost domestic manufacturing. The U.S. plans to maintain sanctions on Russia until a resolution for the Ukraine conflict is reached, while Trump signals possible talks with Putin. Meanwhile, New York Mayor Eric Adams finds himself in a federal court over corruption charges, raising eyebrows amid accusations of political favoritism tied to immigration policies. These events highlight the intersection of trade, diplomacy, and local politics.

U.S. and Russian officials meet in Saudi Arabia to discuss peace talks on the Ukraine conflict, sparking controversy with Ukraine's exclusion. Meanwhile, a Delta plane flips during landing in Toronto, injuring several passengers amid challenging weather conditions. Tensions rise as President Trump's push for government efficiency leads to high-profile resignations, including the acting head of the Social Security Administration. The episode highlights significant geopolitical shifts and the potential implications for international relations.

Eric Balchunas, an ETF analyst at Bloomberg Intelligence, discusses the latest regulatory changes affecting the ETF market, including the rise of crypto ETFs. Stephen Schork, president of the Schork Group, shares insights on the oil market's stability amidst political shifts and geopolitical tensions. Arun Sundaram, SVP for Equity Research at CFRA, analyzes Walmart's strategic outlook, focusing on its strong holiday performance and challenges from inflation and competition with Amazon. Expect an engaging overview of the intersecting worlds of finance, energy, and retail!

Oliver Crook, Bloomberg's Germany correspondent, shares insights on the dynamic landscape as Germany approaches its elections. He discusses the rise of the far-right AFD party and how this shift could affect coalition negotiations and economic policies. The conversation also delves into key issues such as migration and defense spending. Meanwhile, housing data trends and challenges surface in the US, alongside Rivian's strategic moves in the EV market, making for a thought-provoking analysis of current global economic conditions.

Former President Donald Trump outlines his bold plan for reciprocal tariffs aimed at rebalancing trade with various nations. He delves into potential discussions with global leaders, including India's Prime Minister Modi, about existing trade imbalances. The conversation shifts to significant staffing cuts within federal agencies and the return of TikTok on Apple and Google amidst evolving legal dynamics. Trump's assertive strategies for a potential political comeback also surface, reflecting his ongoing influence in the current landscape.