Monica Ricks

News when you want it with Bloomberg News Now.

I'm Monica Ricks.

President Trump went on a bit of a shopping spree this fall.

Bloomberg's Ed Kalecki explains.

Leaders in Brazil say the tariffs are still too high.

Goods like coffee, beef and tropical fruits like bananas and pineapples will still face a 40 percent tariff in the U.S., despite President Trump's recent move to reduce some import taxes.

Brazil says it was an additional surcharge tacked on by Trump back in July, on top of the reciprocal tariffs he imposed in April.

That puts it at a disadvantage now against countries like Vietnam, whose coffee exports are now fully exempted.

The U.S.

government's still working to reschedule economic data releases impacted by the government shutdown, but there will be plenty for investors to watch for in the week ahead.

Here's Bloomberg's Karen Moscow.

U.S.

lawmakers are also set to discuss banning themselves from trading stocks this week.

The House administration committee will meet on Wednesday to talk about it.

Proponents of a ban say it would help boost Americans' trust in Congress, but the effort faces significant obstacles in both chambers.

People in Charlotte, North Carolina are protesting the arrival of federal agents now as part of President Trump's expanding immigration crackdown in Democrat-led cities.

Carlos Maga lives in nearby Concord and says people are afraid to leave their homes.

Border Patrol says it's taking bad guys off the street, but Charlotte's mayor says it's causing unnecessary fear and uncertainty.

The Transportation Department's abandoning an effort now started by the Biden administration that required airlines to compensate passengers affected by significant flight disruptions.

In a recent filing, the Trump administration said the department isn't authorized to require reimbursements and isn't convinced that they'd yield meaningful improvements either.