US-Iran Trade Attacks, Trump Mulls Russia Sanctions Bill, More

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Bloomberg News Now 7 min 10 speakers 6 chapters transcribed 2 months ago
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What is the main topic discussed in this episode?

Carol Masser 0:00
This week on Leaders, with me, Francine Lacqua. I speak to tennis legend Rafa Nadal about how he stayed competitive despite injury.
Rafa Nadal 0:08
I was able to enjoy the victories probably more than if I will not have this issue.
Carol Masser 0:13
One iconic match.
Rafa Nadal 0:15
In my mind was, I am almost dead.
Carol Masser 0:19
And whether he misses playing.
Rafa Nadal 0:21
I don't miss tennis because there was nothing else to offer.
Carol Masser 0:24
Listen and watch Leaders with me, Francine Lacroix, on Bloomberg Television or wherever you get your podcasts.
Monica Ricks 0:32
News when you want it with Bloomberg News Now. I'm Monica Ricks. The U.S. and Iran traded attacks for a seventh straight night with the U.S. targeting military capabilities, bridges, utilities and port facilities, while Iran responded aiming for American bases in several countries. CENTCOMP confirmed earlier it had destroyed a surveillance tower Tehran was using to track and target commercial vessels in the Strait of Hormuz. The strikes are putting more pressure on oil prices and making a return to a fragile ceasefire deal less likely. Russia and Ukraine also exchanged fresh airstrikes overnight with Moscow hitting Ukrainian ports and Kyiv targeting several Russian regions with drones. Those strikes damaged warehouses operated by major online retailers and set a fuel depot on fire.
Monica Ricks 1:18
A Russia sanctions bill to honor late Senator Lindsey Graham now has 84 co-sponsors aimed at ending the war in Ukraine and imposing more tariffs on countries that buy Russian oil and gas. U.S. Trade Representative Jameson Greer talked to Bloomberg from the Aspen Security Forum this week.
Jameson Greer 1:34
Geopolitics are very fragile, and this is something, whether it's a tariff action or sanctions action or anything, it's something that the president thinks about very carefully. He certainly talks to me, he talks to Secretary Besson, Secretary Rubio, Secretary Lanik. He talks to everybody. He talks to people outside the government. He wants to hit the right spot of putting pressure on countries and putting pressure on Russia without creating more conflict or reducing the likelihood of a peace deal.
Monica Ricks 2:00
That's U.S. Trade Rep. Jameson Greer on Bloomberg this weekend. He says a final decision from the White House is days away. FIFA has no plans to move the World Cup final tomorrow despite smoke from Canadian wildfires that are degrading air quality in the New York area. Ontario Premier Doug Ford says they're working hard to put them out.
Doug Ford 2:19
We have over 100 aircraft in the air, combinations of helicopter water bombers and airplane water bombers as well.
Monica Ricks 2:28
Some lawmakers in Washington have called for sanctions against Canada over its handling of wildfires, and President Trump's threatened more tariffs. But Ford says they should be talking to their governors instead about how they can support Canada. The Pittsburgh Pirates and Cleveland Guardians game actually had to be postponed due to poor air quality last night, but the National Weather Service says skies should clear up in time for Sunday's FIFA final. Today, it's the battle for third place, with France taking on England at 5 p.m.

What happened as the U.S. and Iran traded attacks overnight?

Monica Ricks 2:55
Eastern in Miami. Produce supplier Taylor Farms says it's removing all iceberg lettuce sourced from Mexico that have been linked to a cyclospora outbreak making thousands sick in several states. Here's Bloomberg's Ed Kalecki.
Ed Kalecki 3:09
Taylor Farms says its Mexican subsidiary is voluntarily removing the product based on information provided by the U.S. Food and Drug Administration. Its representatives met with FDA and White House officials on Thursday to discuss the best approach to ensure public health. No other products are affected and that its branded salad kits sold in supermarkets don't contain iceberg lettuce. Taylor Farms said it was removing the lettuce. The agency said its investigation is ongoing. Ed Kalegi, Bloomberg Radio.
Monica Ricks 3:40
Meantime, New York reported its first death tied to a Legionnaires outbreak that sickened dozens over the last few weeks. The Health Department says at least 12 people have been hospitalized since Thursday and warns anyone who's visited the area since late June was likely exposed.

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