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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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Speaker 2: are the stories we're following today.

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Speaker 3: Karen, we begin with Super Bowl fifty nine and the

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Speaker 3: Philadelphia Eagles blowout victory over the Kansas City Chiefs. Bloomberg's

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Speaker 3: John stash Hour joins us with the latest.

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Speaker 4: Good morning, John, Good morning, Nathan.

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Speaker 5: The Eagles this season had the NFL's top rated defense,

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Speaker 5: and in New Orleans it was on display in the

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Speaker 5: Super Bowl third and sixteen.

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Speaker 6: Homes held out looking finally.

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Speaker 7: Intercepted, pick up a couple Desine gets the pup.

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Speaker 6: To shoon.

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Speaker 5: Loch Down Sports the call. Patrick Mahomes's next pass was

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Speaker 5: also intercepted. Kansas City in the first half, held a

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Speaker 5: one first down only twenty three yards, the Eagles built

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Speaker 5: a thirty four to nine lead went on to win

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Speaker 5: forty to twenty two, their second championship ever.

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Speaker 6: No.

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Speaker 5: Three pet for the Chiefs of More coming up in sports, Nathan, Karen.

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Speaker 6: All right, John, thank you, and John.

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Speaker 2: We'll have more on the Big Game and sports in

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Speaker 2: a few minutes. President Trump was in the stands for

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Speaker 2: Super Bowl fifty nine, the first sitting President to make

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Speaker 2: it to the game. On the way, he announced that

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Speaker 2: he's preparing twenty five percent tariffs on steel and aluminum

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Speaker 2: imports into the US and Bloomberg John Tucker joins us

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Speaker 2: with Moore and John.

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Speaker 6: Who does this apply to?

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Speaker 8: Well, Karen, the steel and aluminum tariffs will apply to

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Speaker 8: all countries of the President, making the announcement of board

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Speaker 8: Air Force one Eddy Steele coming.

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Speaker 9: Into the United States is going to have a twenty

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Speaker 9: five percent tariff eight allotle bit of two twenty five percent.

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Speaker 8: Well, that includes the US's biggest trading partners, Canada and Mexico,

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Speaker 8: even though they had just been given thirty day reprievese

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Speaker 8: for other tariffs. Well, Trump didn't specify when the duties

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Speaker 8: are going to take effect, and aluminum buyers and sellers

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Speaker 8: had expected they'd have at least until March to prepare

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Speaker 8: for any new terraffs both sides. Now I have to

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Speaker 8: scramble to find new markets and suppliers.

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Speaker 2: Well.

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Speaker 8: The move is Trump's latest in a series of threatened

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Speaker 8: tariffs that have rattled markets in the recent weeks. Yet

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Speaker 8: it's still uncertain whether he's going to actually follow through

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Speaker 8: on all this.

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Speaker 4: You know, York.

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Speaker 8: I'm John Tucker, Bloomberg Radio.

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Speaker 3: All right, John, thank you. And according to a report

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Speaker 3: from Morgan Stanley, US industry is heavily reliant on imported aluminum,

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Speaker 3: while the aerospace and auto sectors use high grades steel

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Speaker 3: from overseas. Joe Doe covers metals and mining for Bloomberg News.

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Speaker 3: He says investors he's spoken to are confused.

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Speaker 6: By the move.

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Speaker 10: I think that's the difficulty here, is it just inserts

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Speaker 10: so much uncertainty and confusion Because this does mean immediately

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Speaker 10: people are going to have to start rethinking potential supply

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Speaker 10: chains in terms of where they're getting their metal.

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Speaker 3: Bloomberg's Joe Doe says tariffs have global implications because the

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Speaker 3: US market sets the tone for aluminum and steel around

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Speaker 3: the world. The President also says you will announce reciprocal

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Speaker 3: tariffs this week on countries that tax US imports. All

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Speaker 3: this has gold trading in record territory right now. COMECS

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Speaker 3: gold is up one and a half percent at two

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Speaker 3: nine and thirty dollars eighty cents per ounce. The dollar

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Speaker 3: is strengthening as well. The Bloomberg Dollar Spot index is

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Speaker 3: up two tenths of one percent.

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Speaker 6: Well Nathan.

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Speaker 2: President Trump also says Elon Musk's government efficiency team may

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Speaker 2: have found irregularities in Treasury Department data. The President discussed

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Speaker 2: that Aborad Air Force one, there.

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Speaker 9: Could be a problem. You've been reading about that with treasuries,

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Speaker 9: and that could be an interesting problem because it could

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Speaker 9: be that a lot of those things don't count. In

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Speaker 9: other words, that some of that stuff that we're finding

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Speaker 9: is very fraudulent. Therefore, maybe we have less debt than

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Speaker 9: we thought of.

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Speaker 2: And it's unclear whether President Trump was talking about US

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Speaker 2: government debt or payments process through the Treasury Department. The

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Speaker 2: White House has yet to respond to a request for comment, and.

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Speaker 3: Meanwhile, Karen Kremlin is declining to confirm or deny that

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Speaker 3: Russian President Vladimir Putin has spoken with President Trump. This

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Speaker 3: follows a New York Post report that claimed Trump said

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Speaker 3: he discussed the war in Ukraine with Putin in a

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Speaker 3: phone call. The report also quoted Trump declining to say

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Speaker 3: how often he has spoken to Putin. Trump reportedly said quote,

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Speaker 3: I'd better not say.

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Speaker 6: Well, Nathan.

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Speaker 2: President Trump also recognized yesterday as the first ever Gulf

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Speaker 2: of America Day. The proclamation was posted on the White

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Speaker 2: House website as Air Force one flew over the body

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Speaker 2: of water renamed from the Gulf of Mexico on his

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Speaker 2: way to Super Bowl fifty nine.

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Speaker 3: And along with potential tariffs Karen a Trader's await comments

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Speaker 3: this week from J.

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Speaker 6: Powell.

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Speaker 3: FED chairman delivers his semi annual testimony to lawmakers on

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Speaker 3: Capitol Hill tomorrow and Wednesday. Powell is expected to highlight

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Speaker 3: the resilient economy as a reason to keep interest rates steady,

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Speaker 3: with proposed policies from the Trump administration, potentially keeping inflation

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Speaker 3: elevated and coming off last Friday's jobs numbers. Claudia Sam

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Speaker 3: with New Century Advisors expects the January Consumer Price Index

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Speaker 3: to also reinforce the Fed's position.

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Speaker 11: This very much continued the Feds. You know, the labor

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Speaker 11: markets in a good place. We have the luxury of time.

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Speaker 11: We can wait and see the next most important data

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Speaker 11: are with the CPI and to see if we continue

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Speaker 11: to make progress and everything they've got here kind of

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Speaker 11: lets them stay in that, you know, on that trajectory.

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Speaker 3: New Century Advisor's chief economist Claudias Sam traders get the

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Speaker 3: January consumer price data on Wednesday and stay with Bloomberg

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Speaker 3: For full coverage of share Powell's testimony, we will carry

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Speaker 3: it live on Bloomberg Radio and on the Bloomberg podcast

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Speaker 3: page on YouTube.

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Speaker 2: Well Nathan the company news now Elon Musk says he

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Speaker 2: is not interested in buying TikTok for now and hasn't

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Speaker 2: put in a bid for the Chinese own social video app.

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Speaker 2: At a weekend a conference in Germany, Musk said he

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Speaker 2: does not use TikTok and doesn't have plans for what

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Speaker 2: he'd do with the company. Last month, Bloomberg News reported

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Speaker 2: that Chinese officials we're evaluating the possibility of Musk acquiring

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Speaker 2: TikTok's US operations if it could not fend off a

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Speaker 2: ban in the US.

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Speaker 3: Also overseas, Karen BP is facing a showdown with one

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Speaker 3: of the world's most aggressive activist investors, Elliott Investment Management,

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Speaker 3: has built a significant stake in the British energy giant,

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Speaker 3: which has seen dramatically worse returns than other major oil companies.

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Speaker 3: Elliott has successfully campaigned for breakups, ousted board members, and

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Speaker 3: changed corporate policy at other companies. BP reports fourth quarter

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Speaker 3: results tomorrow and a new strategy in two weeks.

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Speaker 12: Well.

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Speaker 2: Finally, Nathan President Trump says he's ordered the Treasury Department

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Speaker 2: to stop minting new pennies because they cost more to

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Speaker 2: make than their worth. The President made the announcement in

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Speaker 2: a truth social post mess year the US men said

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Speaker 2: it costs about three point seven cents to produce and

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Speaker 2: distribute a penny. That was up more than twenty percent

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Speaker 2: from the previous year, partly due to rising prices of

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Speaker 2: the zinc and copper that go into pocket change. Time

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Speaker 2: now for look at some of the other stories making

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Speaker 2: news in New York and around the world, and for

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Speaker 2: that we're joined by Bloomberg's Michael Barr Michael, good morning.

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Speaker 4: Good morning, Caaren. Millions along the East Coast have been

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Speaker 4: digging themselves out after a major snowstorm blanketed the area

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Speaker 4: over the weekend. In New York City, the biggest snowfall

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Speaker 4: of the season, more than three inches of heavy, wet

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Speaker 4: snow accumulating West Haven, Connecticut, like many other cities, use

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Speaker 4: magnesium chloride instead of road saw to treat the roads.

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Speaker 4: Rick Fontana is the city's director of Emergency Management.

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Speaker 10: When you put those lines on the street and the

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Speaker 10: snow hits it, and before you know it, it turns

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Speaker 10: to water and it doesn't snow cover the street.

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Speaker 4: Meanwhile, another system moves into the mid Atlantic tomorrow night.

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Speaker 4: The trial of a New jerseyman accused of stabbing author

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Speaker 4: Salman Rushti in twenty twenty two begins today in Mayville,

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Speaker 4: New York. Hadi Matar has pleaded not guilty in the case.

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Speaker 4: The stabbing was recorded and witnessed by thousands of people.

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Speaker 4: Rushdi had been living many years in hiding after Iran's

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Speaker 4: leader in nineteen eighty nine called for his assassination over

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Speaker 4: alleged blasphemy. It is a red alert moment for the US.

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Speaker 4: That is from Democratic Senator Chris Murphy of Connecticut telling

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Speaker 4: ABC's This Week, President Trump is waging an assault on

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Speaker 4: democracy and the constitution.

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Speaker 7: This is the most serious con crisis the country has faced,

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Speaker 7: certainly since Watergate. The President is attempting to seize control

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Speaker 7: of power and for corrupt purposes.

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Speaker 4: Senator Murphy accused the president of eviscerating democracy by trying

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Speaker 4: to control how and where money is spent in order

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Speaker 4: to reward political friends and punish political enemies. ABC's This

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Speaker 4: Week can be heard Sundays on Bloomberg. Routine inspections during

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Speaker 4: this bird flew out break led to the closures of

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Speaker 4: live bird markets in New York City and its suburbs

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Speaker 4: to prevent spread. The virus has impacted zoos as well.

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Speaker 4: The Wildlife Conservation Society says at least three ducks at

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Speaker 4: the Queens Zoo and as many as twelve birds at

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Speaker 4: the Bronx Zoo died from this virus. In a growing trend,

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Speaker 4: more people are micro dos ozempic and other weight loss drugs.

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Speaker 4: Some are doing it because they only want to lose

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Speaker 4: a little weight. Others are micro dosing for the side

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Speaker 4: benefits like anti inflammations, so their faces look thinner and

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Speaker 4: their cheek bones are more defined. Ashley Helms runs up

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Speaker 4: medical spa in Boston.

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Speaker 8: We've really seen that there is something too customizing it

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Speaker 8: for people.

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Speaker 4: Some doctors, however, are skeptical of the impacts of microdosing.

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Speaker 4: Global to use twenty four hours a day and whenever

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Speaker 4: you want it With Bloomberg News Now, I'm Michael Barr,

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Speaker 4: and this is Bloomberg Karen all.

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Speaker 6: Right, Michael Barr, thank you.

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Speaker 2: Time now for the Bloomberg Sports Update, brought to you

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Speaker 2: by Try straight Out.

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Speaker 6: He Here's John stash Hour.

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Speaker 5: John all right, County year ago was a disastrous finish

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Speaker 5: to the Philadelphia Eagle season. In their last seven games,

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Speaker 5: they beat the Giants, but they lost the other six.

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Speaker 5: They lost their playoff games by twenty three, and they

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Speaker 5: began this season just two and two, but then lost

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Speaker 5: only once the rest of the way, and they avenged

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Speaker 5: the Super Bowl law two years ago to Kansas City

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Speaker 5: by dismantling the two time defending champs in New Orleans

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Speaker 5: forty to twenty two. It wasn't that close. The Eagles

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Speaker 5: were at one point up thirty four to nothing. Their

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Speaker 5: coach is Nick Siriani. It's hard to say that when

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Speaker 5: you won sixteen out of your last seventeen.

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Speaker 4: But there was adversity.

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Speaker 5: There's adversity constantly, and I think we did a good

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Speaker 5: job of embracing that the ups and downs of the

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Speaker 5: season and getting better from the things that we that

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Speaker 5: we went through. Jalen Hurts threw for two touchdowns, ran

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Speaker 5: for another. Hurtz was named Super Bowl and DP.

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Speaker 12: You don't do great things without the guys around you.

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Speaker 12: So the effort, the word always leaning on that, trusting

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Speaker 12: in net and trusting the process, and staying the course

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Speaker 12: and sticking to the script.

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Speaker 5: Jake Kelliott take four field goals. Someone quiet game for

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Speaker 5: Sakawon Barkley only fifty seven yards more than anything. The

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Speaker 5: Eagles led the victory by their defense, holding Kansas City

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Speaker 5: the one first down in the first half only twenty

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Speaker 5: three yards. Interceptions on consecutive Patrick Mahomes passes, including a

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Speaker 5: pick six Parades.

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Speaker 4: And Philly are rare.

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Speaker 5: Is only the third Pro championship won by any of

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Speaker 5: their teams in the last forty years. The Eagles thirty

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Speaker 5: six year old offensive coordator is Kellen Moore. He's staying

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Speaker 5: in New Orleans. He'll be the new coach of the Saints.

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Speaker 5: ESPN offorts that Jets will not bring Aaron Rodgers back

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Speaker 5: next season. That official word could come this week. Luk

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Speaker 5: At Dohnson's debuts. The Lakers tonight traded for Anthony Davis

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Speaker 5: Dayfords suffered an injury in his first game with Dallas.

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Speaker 5: He could miss the next month. The Belgian Thomas Dietree

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Speaker 5: ran away with the WM Golf in Phoenix, finished twenty

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Speaker 5: four under par one by seven. It's his first PGA

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Speaker 5: Tour victory.

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Speaker 6: John Stansheler Bloomberg Sports, Karen D.

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Speaker 1: Nathan coast to coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 1: and around the world on Bloomberg dot Com and the

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Speaker 1: Bloomberg Business app. This is Bloomberg Daybreak.

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Speaker 3: Good morning, I'm Nathan Hager. President Trump was promising to

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Speaker 3: make good on his threats of sweeping tariffs on adversaries

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Speaker 3: and trading partners alike. On his way to the Super Bowl.

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Speaker 3: The President told reporters on Air Force One that he

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Speaker 3: will announce twenty five percent tariffs on steel and aluminum

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Speaker 3: imports today, and he says he won't stop there.

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Speaker 9: I'll be announcing probably Tuesday and Wednesday at a news conference,

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Speaker 9: reciprocal tariffs and very simply, if they judge us, we

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Speaker 9: judged them.

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Speaker 6: And for more.

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Speaker 3: We are joined by Bloomberg News Senior editor Bill Ferries. So, Bill,

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Speaker 3: the tariff threats continue. Good morning, Yeah, good morning.

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Speaker 13: Interesting that was all taking place on President Trump's flight

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Speaker 13: to the Super Bowl. He announced that he's going to

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Speaker 13: have these twenty five percent tariffs on imports of steel

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Speaker 13: and aluminum. But interestingly enough, two of the countries that

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Speaker 13: would be most affected by that would be Canada and Mexico.

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Speaker 13: Of course, he's already threatened twenty five percent across the

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Speaker 13: board tariffs on those countries. That's been delayed until early March,

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Speaker 13: but this would hit them the most, and then it

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Speaker 13: would also hit countries including allies like South Korea, Bahrain

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Speaker 13: and Australia, so pretty wide range of countries that would

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Speaker 13: be affected. We still have to see whether they whether

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Speaker 13: they will really come into effect immediately or if there

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Speaker 13: will be time like there was with Canada and Mexico

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Speaker 13: for countries to maybe reach out and get a delay

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Speaker 13: and extend the period of negotiation.

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Speaker 3: Yeah, and to that point, of course, we've seen the

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Speaker 3: President say that he was going to impose twenty five

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Speaker 3: percent tariffs across the board on Canada and Mexico, only

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Speaker 3: to delay them for a few weeks. So what does

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Speaker 3: this say about whether this latest warning of tariffs could

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Speaker 3: actually go through right away.

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Speaker 13: Well, that's that's the big question. We're waiting for a

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Speaker 13: little more clarity from the White House. I think, you know,

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Speaker 13: we have seen the ten percent tariffs that President Trump

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Speaker 13: announced on China go into effect and China immediately responded,

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Speaker 13: but we haven't seen you know, the biggest, the biggest threats,

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Speaker 13: the twenty five percent He's so there is still some

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Speaker 13: question in the markets, I think about whether he really

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Speaker 13: will go through with something so broad going after steel

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Speaker 13: and aluminum that would be a little more narrowly focused.

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Speaker 13: It would hit fewer industries than, of course, just doing

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Speaker 13: a blanket twenty five percent on everything that comes in.

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Speaker 3: Along with the tariff announcements that we're expecting this week,

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Speaker 3: President Trump also suggested that Elon Musk and his Government

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Speaker 3: Efficiency team may have found problems at the Treasury Department.

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Speaker 3: Of course, we've seen the DOGE team sort of blocked

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Speaker 3: when it comes to access to Treasury systems after a

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Speaker 3: judge's decision. So what could the President be talking about here, Well,

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Speaker 3: that's a great question.

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Speaker 13: We don't really know. We didn't get much more than

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Speaker 13: kind of very general comments. President Trump made this one

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Speaker 13: remark that he said, maybe we have less debt than

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Speaker 13: we thought of. But when pressed, we've repeatedly been asking

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Speaker 13: the White House sends those comments for more clarity on

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Speaker 13: what the DOGE team found, what they're referring to, and

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Speaker 13: we don't have.

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Speaker 6: A response yet.

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Speaker 13: We do know that until this point, the DOGE team

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Speaker 13: had been looking at a lot of the payment data

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Speaker 13: that goes in and out of the Treasury Department. A

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Speaker 13: judge has blocked some of their access to that we know.

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Speaker 13: Scott Bessett, the Treasury Secretary, said they only had read

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Speaker 13: only access. They weren't actually changing payments or canceling payments,

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Speaker 13: but we didn't think that they were looking potentially at

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Speaker 13: Treasury data. So there are a lot of questions. I

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Speaker 13: think the White House Press Office and the President are

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Speaker 13: going to be facing as soon as they're up and running.

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Speaker 2: This morning, this is Bloomberg Daybreak, your morning podcast on

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Speaker 6: I'm Karen Moscow and I'm Nathan Hager.

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Speaker 3: Join us again tomorrow morning for all the news you

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Speaker 3: need to start your day, right here on Bloomberg.

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Speaker 10: Dabray