Trump Hardens Stance on Iran, Vaccine Executive Order, More
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Why is President Trump demanding reparations from Iran and how could it affect the Strait of Hormuz?
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Bloomberg News Now. I'm Nathan Hager.
And I'm Karen Moscow.
Karen, the U.S. and Iran appear to be hardening their positions as the wait continues for a deal to reopen the Strait of Hormuz. President Trump says he's demanding reparations from Iran over past attacks, along with compensation to families of protesters who've been killed over the years. The president says it's a response to Iran's own demands for compensation.
They asked for... for reparations, you might say, or they ask for money for the damage that we've done. And I said, that's a good idea. Well, we're going to ask for money for the damage they've done over a 50-year period.
President Trump spoke to reporters in the Oval Office.
What secret security operation was used to protect Trump from an alleged Iranian assassination threat?
Bloomberg's Zabir Abu Omar reports both sides making it tougher to come to an immediate agreement on the straight.
The hardliners over the weekend have asked for some maximalist demands. Those include the lifting of the U.S. naval blockade on the Strait of Hormuz, a compensation for the damages occurred by the war, and then you also have them asking for the lifting of oil sanctions, the blocked assets. President Trump, in the latest remarks, has said that, well, if Iran is going to ask for that, the U.S. will also ask for compensation over the thousands killed over the past 50 years in Iran.
Bloomberg's Abir Abu Omar reports President Trump also says Iran should be held responsible for deaths and damages from its proxy groups in Lebanon, Syria, Yemen, and Gaza.
Well, Nathan, reports are emerging of an extraordinary operation to protect President Trump from an Iranian assassination threat last month. The Washington Post says the president's older Air Force One jet was used as a decoy while he secretly flew from Turkey to the U.K. on a smaller military aircraft. Bloomberg's Chris Pitt has the details.
Trump had arrived at the NATO summit in Ankara aboard his new Qatari gifted Air Force One. The plane was then sent ahead to Britain for a transatlantic journey home, while Trump was filmed boarding the older Air Force One in Turkey. At the time, Trump denied the change was about security, saying it was simply to show the newer jet to US service members in the UK. The New York Times later reported that a credible Iranian threat had prompted the Secret Service to recommend a change of aircraft. But the Washington Post now says the security operation went much further with another secret switch. It says Trump was taken off the older Air Force One in an airport catering truck and transferred onto a smaller military plane.
The legacy presidential plane then flew to Britain as a decoy, carrying journalists and some White House staff who believed the president was still aboard. In London, Chris
Pitt, Bloomberg Radio. All right, Chris, thank you.
How are new U.S.‑China trade tensions showing up in the pecan anti‑dumping dispute?
Trade friction may be emerging between the U.S. and China ahead of next month's summit in Washington between Presidents Trump and Xi Jinping. China has ordered steep anti-dumping deposits on pecan imports from the U.S. and Mexico. China says the nuts from both countries are being sold at unfairly low prices. So starting today, importers of U.S. pecans will be required to pay a deposit rate of more than 54 percent. Those buying from Mexico will pay less.
Well, Nathan, elections are in focus with special primaries in Alabama and South Carolina, plus congressional races in several more states. And Bloomberg's Amy Morris has details.
A Supreme Court ruling cleared the way for Alabama to use its 2023 legislature-drawn congressional map, but it was too late for four of those district races, so they were rescheduled for August 11th.
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Chapters
7 chapters
1
Why is President Trump demanding reparations from Iran and how could it affect the Strait of Hormuz?
0:00–1:13
2
What secret security operation was used to protect Trump from an alleged Iranian assassination threat?
1:13–3:18
3
How are new U.S.‑China trade tensions showing up in the pecan anti‑dumping dispute?
3:18–4:50
4
What are the latest developments in the Alabama and South Carolina special elections?
4:50–6:50
5
Why does the new executive order propose splitting the MMR vaccine into three shots and what are the concerns?
6:50–7:54
6
How is NVIDIA securing $500 billion for AI infrastructure and which firms are backing it?
7:54–8:52
7
What were the key highlights from the Bloomberg Sports Update, including the Dodgers’ win?
8:52–9:00
Speakers
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