Top Stories
Latest News
Scholar: China Prepared for Trade Turbulence
1751607156 from BLOOMBERG
Graham Allison, Douglas Dillon Professor of Government at Harvard University, says he thinks China is "in a very comfortable position" and "prepared for turbulence ahead" in trade talks. Allison recently met with Chinese Foreign Minister Wang Yi in Beijing. He shared his takeaways from the meeting and assessment of US-China ties with David Ingles and Annabelle Droulers on "Bloomberg: The China Show." (Source: Bloomberg)
Trump to Send Unilateral Tariff Letters Today
1751606621 from BLOOMBERG
Good morning. Donald Trump says details on new tariffs are coming today. The US House finally passes the GOP’s big tax bill. And get ready for the weekend: Oasis and Black Sabbath are performing. Listen to the day’s top stories.
China Says Carrying Out US Trade Framework, Rejects ‘Coercion’
1751605885 from BLOOMBERG
China is reviewing export license applications for restricted items as part of efforts to implement its trade framework with the US, the Commerce Ministry said Friday, responding to recent US moves to ease export controls.
BlackRock Said to Mull Sale of Aramco Gas Pipeline Stake
1751605561 from BLOOMBERG
BlackRock Inc. is considering a sale of its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline network back to the energy giant, according to people familiar with the matter. No final decisions have been made and there’s no certainty the deliberations will lead to a transaction. Bloomberg’s Alex Dooler reports.
Trump May Start Telling Nations New Tariff Rates Soon
1751598764 from BLOOMBERG
US President Donald Trump said his administration may begin sending letters to trading partners as soon as Friday setting unilateral tariff rates ahead of a July 9 deadline for negotiations. Bloomberg's Jill Disis breaks down his statement on The China Show. (Source: Bloomberg)
First Chinese-Built Aircraft Carrier in Hong Kong
1751588570 from BLOOMBERG
China's first domestically-built aircraft carrier has docked in Hong Kong, as part of a drive to drum up patriotism in the city. The Shandong will be open to the public this weekend, in what the city's Chief Executive, John Lee, calls an 'inspiring' visit that demonstrates rock-solid national security. Annabelle Droulers has more on how the vessel factors into China's broader naval ambitions. (Source: Bloomberg)
Trade Deal Leaves Vietnam With Questions and One Big Challenge
1751587464 from BLOOMBERG
With the dust far from having settled on this week’s US-Vietnam trade agreement, one thing is clear: companies operating in what’s become one of the most vibrant Asian economies are on notice to move up the value chain.
New World’s Financing Back in Spotlight as Loan Deadline Nears
1751583600 from BLOOMBERG
Hong Kong developer New World Development Co. is returning to the spotlight this month as investors’ focus turns to its plan to raise as much as $2 billion through a new loan, just days after closing a record refinancing deal.
How to break China’s mineral dominance, our solar panel podcast, Trump’s big bill passes
1751582529 from BLOOMBERG
Good morning, it’s Angus here in Sydney. Here’s what you need to know as you head into the weekend. Today’s must-reads:• A test case for breaking China’s grip on minerals• AustralianSuper tying up private equity deals• Our solar rooftop podcast
Canada’s Finance Minister Sees Path to Avoid Baseline US Tariff
1751576458 from BLOOMBERG
Canada’s finance minister said the country can negotiate a better trade deal with the Trump administration than other nations have received, pushing back on the idea that it may have to settle for a new baseline tariff on all exports to the US.
No-Sleep Nights, Record-Setting Speech Mark Trump Tax Bill Week
1751574800 from BLOOMBERG
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, Congress reporter Alicia Diaz recounts a week to remember on Capitol Hill. Sign up here and follow us at @bpolitics. Email our editors here.
How Medicaid Cuts Will Cost Some 12 Million People Health Coverage
1751574460 from BLOOMBERG
Republicans in Congress finally settled on a massive legislative package aimed at realizing President Donald Trump’s domestic agenda, and it won’t come cheap. The bill the Senate and House of Representatives approved in July for Trump to sign into law cuts taxes by some $4.5 trillion over a decade and adds hundreds of billions of dollars in new spending for defense, border wall construction, immigrant detention centers and other administration priorities.