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Speaker 1: News When you want ed with Bloomberg News Now. I'm

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Speaker 1: Brian Curtis in Hong Kong. Chinese evs are set to

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Speaker 1: get hit hard with huge tariff increases by the United States.

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Speaker 1: Details from Bloomberg's Dan Schwartzmann.

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Speaker 2: President Biden is expected to quadruple tariffs on Chinese electric

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Speaker 2: vehicles this week, while also significantly increasing levies for other

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Speaker 2: key industries. After a nearly two year review, the total

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Speaker 2: terarify on Chinese evs will increase from twenty seven and

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Speaker 2: a half percent to one hundred and two and a

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Speaker 2: half percent. The other industries besides vehicles being targeted include batteries,

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Speaker 2: solar cells, aluminum, and steel. The heavy tariff increase on

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Speaker 2: electric vehicles is aimed at protecting the US from a

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Speaker 2: flood of Chinese evs, which could reshape the American auto

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Speaker 2: industry in a negative way. Dan Schwartzman Bloomberg Radio.

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Speaker 1: China plans to start selling the first batch of Ultralong

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Speaker 1: Special Central Government bonds this Friday. That's according to people familiar.

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Speaker 1: The amount is said to be worth one hundred and

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Speaker 1: thirty eight billion dollars as Beijing raises funds to support

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Speaker 1: the economy US Secretary of State Anthony Blincoln says the

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Speaker 1: US is not withholding much weaponry from shipment to Israel,

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Speaker 1: even as Israel's military operations in Gaza continue.

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Speaker 3: If Israel launches this major military operation to Rafa, then

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Speaker 3: there are certain systems that we're not going to be

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Speaker 3: supporting and supplying for that operation. But at present, the

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Speaker 3: only thing that we've delayed and are holding back are

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Speaker 3: these high payload bombs because we're in an ongoing conversation

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Speaker 3: with Israel given the impact that those weapons can have

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Speaker 3: when they're used in densely populated areas.

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Speaker 1: Anthony Lincoln on CBS's Faced the Nation, Israeli forces are

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Speaker 1: pushing deeper into Rafa while battling Hamas. In parts of

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Speaker 1: the North, militant forces have regrouped there. In a report

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Speaker 1: on Friday, the Biden administration had said that Israel may

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Speaker 1: have violated international law in its war against Tamas, However,

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Speaker 1: it did not have evidence to conclude that officially. The

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Speaker 1: jury may begin deliberations this week. In Donald Trump's criminal

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Speaker 1: hush money trial in New York, Bloomberg's Amy Morris has more.

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Speaker 4: Prosecutors say they only expect to call two more witnesses,

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Speaker 4: and they say they could rest their case by the

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Speaker 4: end of the week. Former Trump lawyer Michael Cohen is

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Speaker 4: set to testify about his role in arranging a one

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Speaker 4: hundred and thirty thousand dollars payment in twenty sixteen to

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Speaker 4: adult film actress Doormy Daniels. Prosecutors had not planned to

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Speaker 4: call former Trump Organization CFO Alan Weislberg to the stand.

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Speaker 4: He's currently serving a five month sentence for lying under oath,

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Speaker 4: but on Friday, Judge Wanmershan encouraged prosecutors to at least

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Speaker 4: try to get Weisselberg to court instead of introducing evidence

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Speaker 4: to explain his absence. Amy Morris Bloomberg Radio.

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Speaker 1: For the second time in a decade, New Jersey Senator

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Speaker 1: Bob Menendez faces a corruption trial. More from Bloomberg's Denise Pellegrini.

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Speaker 5: Prosecutors are expected to invoke images of gold bars and cash.

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Speaker 5: The seventy year old New Jersey democrat and his wife

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Speaker 5: accused of accepting bribes from three wealthy businessmen in his

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Speaker 5: home state and performing a variety of favors in return,

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Speaker 5: including allegedly meddling in criminal investigations and taking actions benefiting

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Speaker 5: the governments of Egypt and Katar. Menenda's lawyers say he's

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Speaker 5: stayed within the rules and did nothing illegal. Menentez has

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Speaker 5: optimistically spoken about mounting a re election campaign this summer

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Speaker 5: if he's acquitted. Denise Pellegrine, Bloomberg Radio.

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Speaker 1: Elon Musk's Starlink satellites have reportedly been disrupted by a

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Speaker 1: solar storm. Bloomberg's Denise Pellegrini reports.

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Speaker 5: SpaceX Starlink satellite arm is now warning of degraded service

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Speaker 5: due to the geomagnetic storm. A lot of people are monitoring,

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Speaker 5: that's according to Reuter's. The report says Starling cones around

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Speaker 5: sixty percent of the roughly seven five hundred satellites orbiting Earth,

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Speaker 5: and Elon Musk had said earlier in a post on

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Speaker 5: X that the satellites were holding up so far. Denise Pelgriny,

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Speaker 5: Bloomberg Radio.

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Speaker 1: That's news when you want it with Bloomberg News Now.

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Speaker 1: I'm Brian Curtis. This is Bloomberg

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Speaker 2: Six