Bloomberg Surveillance TV: May 12, 2025

- Scott Bessent, US Treasury Secretary- Russ Koesterich, Portfolio Manager at BlackRock- Meera Pandit, Global Market Strategist at JPMorgan Investment Management- Seth Carpenter, Chief Global Economist at Morgan StanleyUS Treasury Secretary Scott Bessent joins to discuss the US and China will temporarily lowering tariffs on each other's products and his weekend negotiations. Russ Koesterich, Portfolio Manager at BlackRock, talks about how equities are responding positively to easing tensions between the US and China on trade. Meera Pandit, Global Market Strategist at JPMorgan Investment Management, talks about the global outlook for equities amid US-China trade negotiations. Seth Carpenter, Chief Global Economist at Morgan Stanley, talks about whether an agreement between the US and China on trade lessens the odds of a US recession.See omnystudio.com/listener for privacy information.