1 00:00:01,400 --> 00:00:04,160 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Krisner. 2 00:00:04,680 --> 00:00:07,440 Speaker 1: We begin with tariffs and what appears to be a 3 00:00:07,560 --> 00:00:11,080 Speaker 1: new US China trade war. President Trump's threat of a 4 00:00:11,119 --> 00:00:14,840 Speaker 1: ten percent blanket US tariff on Chinese goods is now 5 00:00:14,880 --> 00:00:18,480 Speaker 1: in effect as a deadline has passed. The President linked 6 00:00:18,480 --> 00:00:20,800 Speaker 1: this move to China's failure to stop the flow of 7 00:00:20,880 --> 00:00:24,480 Speaker 1: fentanyl into the US, and Beijing was given an ultimatum 8 00:00:24,520 --> 00:00:28,080 Speaker 1: to take action. Well. Now, China has responded with a 9 00:00:28,240 --> 00:00:31,680 Speaker 1: levy tax on some products imported from the US. This 10 00:00:31,720 --> 00:00:35,159 Speaker 1: would include a ten percent tariff on coals and lng. 11 00:00:35,800 --> 00:00:38,720 Speaker 1: China is also imposing a ten percent tariff on oil 12 00:00:39,080 --> 00:00:43,120 Speaker 1: and agricultural machinery from the US, and on top of that, 13 00:00:43,600 --> 00:00:48,040 Speaker 1: China will probe google over alleged antitrust law breaches in 14 00:00:48,120 --> 00:00:51,479 Speaker 1: the States. Earlier on Monday, the US delayed applying tariffs 15 00:00:51,479 --> 00:00:55,319 Speaker 1: on imported goods from Mexico and Canada for one month. Now. 16 00:00:55,400 --> 00:00:59,360 Speaker 1: That shift occurred after new commitments came on border security 17 00:00:59,440 --> 00:01:03,520 Speaker 1: from both countries. Here is former US Trade rep. Carla Hills. 18 00:01:03,760 --> 00:01:05,920 Speaker 2: What he needs to do is to sit down and 19 00:01:05,959 --> 00:01:10,160 Speaker 2: figure out what are his complaints with For example, Canada. 20 00:01:11,120 --> 00:01:16,200 Speaker 2: He's already agreed with the President Shinbaum of Mexico to 21 00:01:16,600 --> 00:01:21,760 Speaker 2: have a pause for thirty days and work something out. 22 00:01:21,920 --> 00:01:25,960 Speaker 2: But what is he what is his plan? I think 23 00:01:25,959 --> 00:01:31,080 Speaker 2: it's very confusing for our trade partners not to know 24 00:01:31,400 --> 00:01:35,880 Speaker 2: what it is that he wants and then talk about 25 00:01:35,920 --> 00:01:38,120 Speaker 2: how they could accommodate that. 26 00:01:38,120 --> 00:01:41,480 Speaker 1: That is Carla Hills's former US Trade rep. We go 27 00:01:41,560 --> 00:01:46,120 Speaker 1: to US deportation policy next, Secretary of State Marco Rubio 28 00:01:46,200 --> 00:01:50,280 Speaker 1: saying that El Salvador has offered to accept criminal deportees 29 00:01:50,360 --> 00:01:53,200 Speaker 1: from the US who come from anywhere in the world, 30 00:01:53,440 --> 00:01:58,120 Speaker 1: and that would include American citizens now imprisoned in the US. 31 00:01:58,240 --> 00:01:59,520 Speaker 1: Here is Rubio, he has. 32 00:01:59,440 --> 00:02:03,600 Speaker 3: Agreed to except for deportation any illegal alien in the 33 00:02:03,680 --> 00:02:06,240 Speaker 3: United States who is a criminal from any nationality, be 34 00:02:06,320 --> 00:02:09,200 Speaker 3: they MS thirteen or train dar Agua and house them 35 00:02:09,200 --> 00:02:10,280 Speaker 3: in his jails. 36 00:02:10,040 --> 00:02:13,280 Speaker 1: At Secretary of State Marco Rubio speaking there now, a 37 00:02:13,400 --> 00:02:16,760 Speaker 1: US official said the Trump administration has no current plans 38 00:02:16,760 --> 00:02:20,320 Speaker 1: to try to depoort American citizens, although the offer from 39 00:02:20,480 --> 00:02:23,839 Speaker 1: L Salvador was significant now this will likely be met 40 00:02:23,880 --> 00:02:27,960 Speaker 1: with legal challenges since the US cannot deport American citizens 41 00:02:28,480 --> 00:02:31,360 Speaker 1: Israeli Prime Minister Benjamin Netanyah, who is set to meet 42 00:02:31,360 --> 00:02:34,640 Speaker 1: President Trump today. CBS News reporting that Trump will do 43 00:02:34,720 --> 00:02:38,400 Speaker 1: a press conference with Netanyaho. Bloomberg's Amy Morris has a 44 00:02:38,400 --> 00:02:39,560 Speaker 1: preview from Washington. 45 00:02:40,040 --> 00:02:43,239 Speaker 4: Israeli Prime Minister Benjamin Nettannah, who says being the first 46 00:02:43,320 --> 00:02:46,040 Speaker 4: world leader to visit the White House and meet with 47 00:02:46,080 --> 00:02:49,240 Speaker 4: the President since his inauguration sends a strong signal. 48 00:02:49,720 --> 00:02:52,200 Speaker 5: I think it's a testimony to the strength of the 49 00:02:52,280 --> 00:02:53,520 Speaker 5: Israeli American alliance. 50 00:02:53,680 --> 00:02:56,720 Speaker 4: The meeting comes as US and Arab mediators begin brokering 51 00:02:56,760 --> 00:03:00,280 Speaker 4: the next phase of a ceasefire agreement. ATTANYAHUO plan to 52 00:03:00,320 --> 00:03:04,120 Speaker 4: discuss with President Trump critical issues facing Israel and the region, 53 00:03:04,360 --> 00:03:07,960 Speaker 4: including victory over Hamas, achieving the release of the remaining 54 00:03:08,000 --> 00:03:11,640 Speaker 4: hostages in Gaza, and dealing with the Iranian access Amy 55 00:03:11,639 --> 00:03:12,800 Speaker 4: Morris Bloomberg Radio. 56 00:03:12,960 --> 00:03:15,880 Speaker 1: We go to Business News next. After the Bell Palenteer 57 00:03:15,960 --> 00:03:19,800 Speaker 1: Technology released a revenue forecast for the full year that 58 00:03:20,000 --> 00:03:22,639 Speaker 1: was above estimates. More from Bloomberg's Charlie Pellett. 59 00:03:22,880 --> 00:03:27,160 Speaker 5: CEO Alex Karp cites what he calls untamed organic growth 60 00:03:27,200 --> 00:03:31,400 Speaker 5: in demand for its artificial intelligence software. Derek John is 61 00:03:31,480 --> 00:03:34,040 Speaker 5: senior investment strategist at Crane Funds. 62 00:03:34,240 --> 00:03:37,440 Speaker 6: We see Palenteer, host of Tantio, to become the go 63 00:03:37,640 --> 00:03:41,480 Speaker 6: to operating system for enterprises in the AGI world. 64 00:03:41,240 --> 00:03:45,480 Speaker 5: A reference to artificial general intelligence, best known for its 65 00:03:45,560 --> 00:03:49,800 Speaker 5: national security work and more recently its AI platform. Palenteer's 66 00:03:49,840 --> 00:03:54,000 Speaker 5: stock surged three hundred and forty percent last year in 67 00:03:54,080 --> 00:03:56,520 Speaker 5: New York. Charlie Pealett Bloomberg. 68 00:03:56,120 --> 00:03:59,080 Speaker 1: Radio and Shares and Palenteer of more than twenty three 69 00:03:59,160 --> 00:04:03,200 Speaker 1: percent in late trading. Alphabet will report quarterly earnings after 70 00:04:03,240 --> 00:04:06,880 Speaker 1: the closing bell. Bloomberg's Tom Busby has more on the 71 00:04:06,960 --> 00:04:09,680 Speaker 1: latest mag seven tech company to report. 72 00:04:10,480 --> 00:04:14,080 Speaker 6: Google's parent company expected to deliver another quarter of solid 73 00:04:14,160 --> 00:04:17,240 Speaker 6: growth for AD sales and profits, but investors will be 74 00:04:17,279 --> 00:04:20,440 Speaker 6: closely watching its cloud computing unit and any update on 75 00:04:20,480 --> 00:04:24,600 Speaker 6: its Gemini two point zero AI initiative, especially after China's 76 00:04:24,640 --> 00:04:27,760 Speaker 6: Deep Seek rattled the tech industry last week, and although 77 00:04:27,800 --> 00:04:31,560 Speaker 6: Google remains under a lot of regulatory and antitrust pressure. 78 00:04:31,560 --> 00:04:34,680 Speaker 6: Bloomberg consensus calls for revenue of ninety six point sixty 79 00:04:34,680 --> 00:04:38,560 Speaker 6: two billion dollars earnings per share of two dollars thirteen cents. 80 00:04:38,800 --> 00:04:40,560 Speaker 6: Tom Busby Bloomberg Radio 81 00:04:40,680 --> 00:04:42,720 Speaker 1: And that is news when you want it, with Bloomberg 82 00:04:42,760 --> 00:04:45,400 Speaker 1: News Now, I'm Doug Chrisner, and this is Bloomberg