Nathan Hager
👤 SpeakerAppearances Over Time
Podcast Appearances
Bloomberg News has learned the U.S.
Trade Representative's office is scrambling to make changes after the European Union complained about 50 percent duties on the metals.
And companies ran into their own issues calculating the tariffs on products that contain the metals.
Bloomberg Global Trade Editor Brendan Murray has more.
Bloomberg's Brendan Murray reporting.
Treasury Secretary Scott Besson told CNBC this morning that any changes would be incidental and that President Trump would make the final decision.
Secretary Besson also said there may be a deal in the Senate to hold confirmation hearings for Fed Chair nominee Kevin Warsh, even with Republican Senator Tom Tillis threatening to delay the vote.
until the investigations into current chair Jay Powell and Fed Governor Lisa Cook are resolved.
We got a response from Senator Tillis.
Republican Senator Tom Tillis spoke to Bloomberg Surveillance from the Munich Security Conference, where we've also heard from German Chancellor Friedrich Merz.
He says leaders need to recognize the world has changed.
Speaking through an interpreter, German Chancellor Friedrich Miertz said he's begun talks with French President Emmanuel Macron about expanding Europe's nuclear deterrent.
Back in the U.S., the Department of Homeland Security is headed for a shutdown tonight.
The Senate has left for its President's Week recess after failing to advance a funding bill for the agency that included no changes to immigration enforcement.
House Speaker Mike Johnson says ICE will still be funded even in a shutdown.
So they're not affecting that in any way.
What they're going to do is shut down FEMA, Coast Guard, TSA, and things that hurt real people.
Republicans say Democrats rejected a White House counteroffer to their 10 demands to rein in ICE.
Goldman Sachs CEO David Solomon says he's sorry to see his firm's top lawyer go.
Kathy Rumler says she's resigning at the end of June after the Justice Department's latest tranche of Jeffrey Epstein files revealed her links to the child sex offender.