US Eyes China Tariff Cut; Trump's Plan to Tax Millionaires

from Bloomberg Daybreak: US Edition · host Bloomberg

On today's podcast: 1) The Trump administration is weighing a dramatic tariff reduction during weekend talks with China to de-escalate tensions and temper the economic pain both are already starting to feel. 2) President Donald Trump is pushing lawmakers to increase tax rates on some of the wealthiest Americans as a way to offset other cuts in his signature economic package. 3) Cardinal Robert Francis Prevost was elected as Roman Catholic pontiff, the first ever pope from the US and a possible bridge between the moderate and hardline sides of a divided Church.See omnystudio.com/listener for privacy information.

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This episode is 17 minutes long.

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This episode was published on May 9, 2025.

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