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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Prisner. Donald Trump and Chi Chen Ping spoke today

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Speaker 1: for the first time since their tear offf truths last month.

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Speaker 1: The President's discussed trade or in Ukraine and Taiwan. Now,

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Speaker 1: this call took place as China is engaged in a

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Speaker 1: diplomatic offensive against Japan. After Prime Minister Takeichi commented on

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Speaker 1: a possible Taiwan contingency a short while ago. Take Iichi

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Speaker 1: said she spoke with President Trump regarding his call with

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Speaker 1: she at Trump's request, here is Bloomberg's Yoshiaki Nahara.

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Speaker 2: So it's a good sign that if it's you know,

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Speaker 2: indeed there was initiated by the White House, because the

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Speaker 2: last thing for Japan is that you know, it will

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Speaker 2: be left behind in terms of what's happening in terms

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Speaker 2: of communication between the US and China. But please, the

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Speaker 2: Taki got a home call from Trump, so that's a

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Speaker 2: good sign at tweast, showing that she definitely got attention

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Speaker 2: and probably support from the Trump administration of this important

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Speaker 2: evolving issue that.

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Speaker 1: Is Bloomberg's yoshi Aki Nahara. Meantime, Japan's inbound tourism is

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Speaker 1: now under pressure. We have learned cancelation of Chinese flight

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Speaker 1: bookings to Japan have accelerated, and airlines have begun reducing

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Speaker 1: their capacity. Analysts say a prolonged downturn could redirect Chinese

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Speaker 1: air traffic to alternative destinations places such as South Korea, Vietnam,

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Speaker 1: and Malaysia. A federal judge has dismissed charges against former

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Speaker 1: FBI Director James Komi and New York Attorney General Letitia James.

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Speaker 1: The judge found the prosecutor who brought these cases had

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Speaker 1: been illegally appointed. US District Judge Cameron McGowan. Curry said

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Speaker 1: the appointment of Lindsay Halligan as interim US Attorney for

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Speaker 1: the Eastern District of Virginia was unlawful, and she dismissed

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Speaker 1: the charges against Komi and James without prejudice, which means

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Speaker 1: prosecutors could potentially refiled these cases. Here is Bloomberg Politics

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Speaker 1: contributor Genie Shanzeno.

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Speaker 3: I think it is a reflection of the fact that

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Speaker 3: this administration, the president in particular, they have prized bealty

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Speaker 3: to the president versus expertise. And of course what we

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Speaker 3: had here was the appointment of somebody to this office

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Speaker 3: in Lindsay Halligan, who didn't have the experience. A smart woman,

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Speaker 3: a woman very capable, but hadn't had this experience before

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Speaker 3: a grand jury, and the number of missteps that, by

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Speaker 3: all accounts occurred in that grand jury. I don't think

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Speaker 3: this is a surprise.

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Speaker 1: That was Bloomberg Politics contributor Genie Shanzeno. Now lawyers for

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Speaker 1: Letitia James said they will continue to challenge any further

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Speaker 1: politically motivated charges through every lawful means available. A short

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Speaker 1: while ago, Russia launched a combined missile and drone attack

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Speaker 1: on Ukraine, concentrated heavily on the capital city of Kiev.

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Speaker 1: This came just hours after President Trump struck a positive

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Speaker 1: tone on the prospects for a ceasefire deal. Earlier today,

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Speaker 1: Ukraine and its European allies signaled that key sticking points

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Speaker 1: remain in peace talks broker by the US. Here is

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Speaker 1: Ukrainian President Voladimir Zelensky.

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Speaker 4: Of course, we all continue working with podcasts, especially in

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Speaker 4: the United States, and look for compromises that strengthen but

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Speaker 4: not weaken us.

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Speaker 1: That was Ukrainian President Volodimir Zelenski. Now, Ukrainian and US

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Speaker 1: officials say They have worked over details of a piece blueprint,

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Speaker 1: narrowing it down to a list of nineteen proposals. Both

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Speaker 1: Washington and Kiev will continue discussions in the coming days.

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Speaker 1: The US is applying new pressure on the European Union

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Speaker 1: when it comes to trade. Commerce Secretary Howard Lutnik says

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Speaker 1: the EU will need to change its digital regulations to

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Speaker 1: reach a deal on lowering steel and aluminum tariffs.

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Speaker 2: They would like to have steel and aluminum as part

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Speaker 2: part of this package, and we think it is very, very.

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Speaker 5: Important that they understand our digital companies and they reconsider

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Speaker 5: their digital regulation.

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Speaker 1: Comer Secretary Howard Lutnik, speaking earlier on Bloomberg's surveillance, he

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Speaker 1: was in Brussels on his first visit there since the

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Speaker 1: US reached a trade framework deal with the EU back

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Speaker 1: in July. Investors are boosting bets on the FED cutting

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Speaker 1: interest rates next month. Here is FED Governor Chris Waller.

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Speaker 5: The labor market is soft, it's continuing to weaken. Inflation

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Speaker 5: didn't turn out to be quite as bad as we

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Speaker 5: got when we got the CPI report when we look forward,

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Speaker 5: so in that sense, for me, I don't think inflation

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Speaker 5: is a big problem going forward, it's going to start

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Speaker 5: pulling back.

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Speaker 1: That is FED Governor Chris Waller, speaking on Fox Business.

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Speaker 1: He also said the Fed could take a meeting by

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Speaker 1: meeting approach in January as more official economic day to

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Speaker 1: come in. Waller, incidentally is a candidate to become the

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Speaker 1: next chair of the Federal Reserve. We also heard today

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Speaker 1: from the head of the San Francisco Fed, Mary Daily.

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Speaker 1: She told the Wall Street Journal she supports lowering the

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Speaker 1: policy rate in December due to a sudden deterioration in

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Speaker 1: the job market. And that is news when you want

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Speaker 1: it with Bloomberg News. Now, I'm deug prisoner, and this

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Speaker 1: is Bloomberg