Karen Moscow

Edition podcast each morning for the stories that matter with the context you need.

News when you want it with Bloomberg News Now.

I'm Karen Moscow.

President Trump has agreed to end the sweeping federal immigration operations in Minnesota.

That from White House Border Czar Tom Homan.

It's a landmark retreat from a mission that spurred national outrage over the killings of two U.S.

citizens.

Still, Homan signaled that enforcement actions would continue, saying that a small footprint of personnel will remain for a period of time to close out and transition full command and control back to the field office.

Today's decision marks a major step to de-escalate an operation that sparked protests and congressional scrutiny over the Trump administration's tactics.

White House Trade Advisor Peter Navarro is saying that the North American trade pact has significant flaws ahead of negotiations over the deal and is expressing worries about China shipping goods to Mexico and Canada.

Uncertainty over the future of the deal, which was negotiated by Donald Trump in his first term, has intensified with sources telling Bloomberg the president has been asking aides why he should not withdraw from the agreement entirely.

Peter Navarro spoke to Bloomberg Radio this morning.

And that's White House trade adviser Peter Navarro.

Sources tell Bloomberg while Trump has been privately musing over exiting the pact, he's stopped short of flatly signaling that he'll do so.

President Trump's signature economic policy was dealt a blow on Capitol Hill.

Six Republicans joined with Democrats on a resolution to roll back the president's tariffs on Canadian goods.

And we get more with Bloomberg's David Gurra.

And that's Bloomberg's David Gurra.

After the vote, the president fired off a stern warning, writing on social media that any Republican in the House or Senate that votes against tariffs will seriously suffer the consequences come election time, and that includes primaries.

The Kremlin has set out proposals that could see Russia embrace the dollar again as part of a wide-ranging economic partnership with the Trump administration.