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Speaker 1: News when you wanted. With Bloomberg News Now, I'm Brian

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Speaker 1: Curtis in Hong Kong. Donald Trump has followed through and

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Speaker 1: posted his reduced bond. Bloomberg's Ed Baxter has the story.

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Speaker 2: The payment of the one hundred and seventy five million

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Speaker 2: dollar bond puts his massive civil fraud verdict of four

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Speaker 2: hundred and fifty four million on hold while he appeals,

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Speaker 2: and it assures that Attorney General Letitia James cannot begin

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Speaker 2: seizing Trump assets. Trump initially said he was struggling to

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Speaker 2: pay the one hundred twenty percent of the full penalty.

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Speaker 2: Now if his appeal fails, he still is on the

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Speaker 2: hook for the full penalty. In another trial, the hush money,

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Speaker 2: the judge has broadened the gag order after he says

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Speaker 2: Trump attacked him and his daughter on social media. Ed

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Speaker 2: Baxter Bloomberg Radio.

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Speaker 1: Israeli Prime Minister Benjamin Netanyahu says the military is preparing

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Speaker 1: to move more than a million civilians out of Rafa.

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Speaker 1: He says Israel will provide them with sufficient aid and

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Speaker 1: then carry out an attack on Hamaspi Italians there. Bloomberg's

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Speaker 1: Nick Watams says the US is still waiting to see

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Speaker 1: details of the plan.

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Speaker 3: A million people is a lot of people to move.

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Speaker 3: You're going to have to house them, You're going to

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Speaker 3: have to feed them, provide medical care. Where do they go?

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Speaker 3: They can't go back to northern Gaza, so do they

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Speaker 3: go somewhere else? Egypt? Is there going to be a

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Speaker 3: I mean, there's so many questions around this and so far.

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Speaker 3: I mean, this is a tension point between the US

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Speaker 3: and Israel that we just have not seen resolve for

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Speaker 3: several weeks.

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Speaker 1: Bloomberg's Nick Watams. Meantime, in Israeli airstrike on Iran's embassy

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Speaker 1: in Syria has reportedly killed a number of people, including

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Speaker 1: a top military commander. That's according to Iranian and Syrian

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Speaker 1: state media. The Guard Corps said the attack also killed

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Speaker 1: a second general and five officers. That's according to the

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Speaker 1: Associated Press. Iran's foreign ministers said that Israel should be

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Speaker 1: held responsible for the attack. Iran's envoy to Syria vowed

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Speaker 1: a decisive response. Israeli officials have not confirmed the strike.

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Speaker 1: Japan has approved up to three point nine billion dollars

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Speaker 1: in subsidies to chip venture Rapid disc Corp. The government

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Speaker 1: is committing more money to its ambition to catch up

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Speaker 1: in semiconductor manufacturing. The additional funding will help rapids by

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Speaker 1: chip making equipment and also develop more back end chip

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Speaker 1: making processes. Markets are now pricing in fewer rate cuts

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Speaker 1: by the Federal Reserve as after US manufacturing activities showed

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Speaker 1: expansion for the first time since twenty twenty two. It

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Speaker 1: raises the notion that there's no rush by the FED

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Speaker 1: to cut rates. Former New York FED President William Dudley

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Speaker 1: says monetary policy is not yet sufficiently restrictive right now.

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Speaker 4: There's a bit of a battle going on the long

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Speaker 4: legs of manitary policy versus the easing of financial conditions.

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Speaker 4: And my personal opinion is mandre policy is not really

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Speaker 4: exerting that much restraint on the economy, and that's why

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Speaker 4: the FED has been on this path of being having

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Speaker 4: to stay higher for longer.

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Speaker 1: After the report, Swap Contracts suggested that the FED will

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Speaker 1: cut about sixty five basis points this year. Tesla's price

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Speaker 1: hikes in China have up to the flurry of sweetening

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Speaker 1: deals from Chinese carmakers. Bloomberg's Joanne Wong has more from

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Speaker 1: Hong Kong.

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Speaker 5: Tesla increased the price of its most popular seller in China,

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Speaker 5: the model Wi sport utility vehicle. China's automakers immediately offeraged

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Speaker 5: sweeteners like subsidies in coupons to attract buyers. Neo Pony

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Speaker 5: dubbed nearly one hundred and forty million US dollars worth

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Speaker 5: of incentives for drivers of gas guzzlers to switch to

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Speaker 5: EV's x Punk cut the price of some of its

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Speaker 5: models by as much as twenty eight hundred dollars, and

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Speaker 5: Sherry Automobiles that it would cover the cost of purchase

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Speaker 5: taxes on selected models. The Tesla hike was widely telegraphed

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Speaker 5: over several weeks, giving local manufacturers some time to cease

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Speaker 5: out deals in Hong Kong, Jo and Wang Bloomberg Radio.

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Speaker 1: Nippon Steel is working to build support for its acquisition

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Speaker 1: of US Steel. The Japanese company has made a formal

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Speaker 1: commitment on spending in jobs to the United Steelworkers Union.

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Speaker 1: Nippon Steele pledged no layoffs as a result of this transaction,

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Speaker 1: at least to the end of the existing labor agreement.

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Speaker 1: The labor agreement expires in twenty twenty six. United Airlines

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Speaker 1: has asked pilots to take unpaid time off next month.

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Speaker 1: The airline says the staffing cutback could extend into late

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Speaker 1: twenty twenty four as it grapples with delayed deliveries of

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Speaker 1: Boeing planes. And in Sporting News, the final four is

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Speaker 1: now said. In the women's NCAA basketball Tournament, North Carolina

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Speaker 1: State will take on South Carolina and Iowa will face

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Speaker 1: off with Yukon. That's news when you want it with

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