Bessent Says No Unilateral US Offer to Cut Tariffs on China
April 23, 2025
24 min
Full
3,078 of 3,435
April 23, 2025
Bessent Says No Unilateral US Offer to Cut Tariffs on China
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Bloomberg Podcasts Episodes Around April 23, 2025
Episode 3,078 of 3,435 — walk the feed in the order it was published.
24:32This episodeBessent Says No Unilateral US Offer to Cut Tariffs on China
Summary
<p>Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.<br /><br />Bloomberg Intelligence hosted by Paul Sweeney and Isabelle Lee<br /><br />Today’s Podcast Features are: <br /><br />- Stuart Paul, US Economist with Bloomberg Economics, discusses comments from Scott Bessent, U.S treasury Secretary at the Institute of International Finance. Bessent said that the Trump administration is looking at multiple factors with regard to China beyond just tariffs — including non-tariff barriers and government subsidies. He also said that the strongest relationship between Washington and Beijing is at the top, and that there was no timeframe for engagement.<br /><br />-Craig Trudell, Bloomberg Global Autos Editor, recaps Tesla earnings. Tesla shares rose after CEO Elon Musk pledged to retreat “significantly” from his US government work to concentrate on the electric-vehicle company as his work with DOGE is “mostly done.” This comes after Tesla trimmed its spending plan after its stingiest quarter since 2021.<br /><br />-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses Boeing earnings. Boeing Co. reported first-quarter results that exceeded Wall Street’s estimates, giving the embattled planemaker a greater degree of stability to navigate dislocations in global trade that have complicated exports. The planemaker used $2.3 billion in free cash in the three months ended March 31 as it ramped up jet production, Boeing said in a statement Wednesday<br /><br />-Shelby McFaddin, Investment Analyst at Motley Fool Asset Management, discusses her outlook for the markets. The latest equity gyrations signal there’s no let up in Wall Street’s trade war obsession, with volatility-inducing policy pronouncements rocking investors big and small.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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