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

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Speaker 1: Doug Chrisner. Trade news is dominating the headlines the White

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Speaker 1: House as President Trump and Chinese President Chichinping are likely

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Speaker 1: to speak this week. This comes as the ninety day

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Speaker 1: pause on reciprocal tariffs is nearing an end. Here is

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Speaker 1: White House Press Secretary Caroline Levitt.

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Speaker 2: I can't confirm that the two leaders will likely talk

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Speaker 2: this week, and as always when there are foreign leader calls,

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Speaker 2: we will provide a readout.

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Speaker 3: Of those posts.

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Speaker 1: Thank you, Caroline Levitt. There now. The two leaders have

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Speaker 1: not spoken since January, before Trump's inauguration. The Chinese embassy

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Speaker 1: in Washington did not immediately respond to a request for comment.

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Speaker 1: We get more on what a perspective called could bring

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Speaker 1: from Bloomberg's Jennifer Welch.

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Speaker 4: Both I are still looking to gain leverage even though

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Speaker 4: they've agreed to this truth and that's probably part of

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Speaker 4: the reason Beijing has been slow to peel back these

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Speaker 4: expert controls on rare earth and other critical minerals of

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Speaker 4: the US is coming. That's leverage that Beijing wants to

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Speaker 4: continue to retaine. In addition to the administry of challenges

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Speaker 4: appealing back expert controls.

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Speaker 1: That's Bloomberg's Jennifer Welsh reporting from Washington. After the bell,

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Speaker 1: the US said it was extending the pause on tariffs

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Speaker 1: for some Chinese goods to August thirty. First. Meantime, Commerce

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Speaker 1: Secretary Howard Lutnik said he's optimistic about the prospects for

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Speaker 1: a trade deal between the US and India. Here is

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Speaker 1: Lutnik speaking at the US India Strategic Partnership Forums Leadership

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Speaker 1: Summit in Washington.

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Speaker 5: The idea is when they put the right person in India,

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Speaker 5: put the right person on the other side of the table,

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Speaker 5: and we've managed, I think, to be in a very

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Speaker 5: very good place. And you should expect a deal between

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Speaker 5: the United States and India in the not too distant

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Speaker 5: future because I think we found a place that really

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Speaker 5: works for both countries.

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Speaker 1: That was Commerce Secretary Howard Lutnik speaking there. He went

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Speaker 1: on to say that India may get more favorable terms

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Speaker 1: from being one of the first packs agreed. South Koreans

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Speaker 1: are heading to the on Tuesday to elect a new president. Now,

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Speaker 1: this election comes after an attempt late last year to

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Speaker 1: impose martial law. That event triggered one of South Korea's

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Speaker 1: worst constitutional crises in decades. Democratic Party nominee Lee Jimyung

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Speaker 1: is leading in the final polls conducted last week. We

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Speaker 1: got a preview from Mjmuon. He is professor of Public

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Speaker 1: policy and management at Yonsai University in Seoul.

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Speaker 3: Mister Lee has been emphasizing the significance of the ally

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Speaker 3: relationship with the US, but at the same time he

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Speaker 3: really wanted to have very problematic relationship with the major players.

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Speaker 3: Particularly he wanted to have a good relationship with the

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Speaker 3: China for national interest, and China is the largest trading partner,

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Speaker 3: so he really tried to balance between military ally relationship

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Speaker 3: and trading economic relationship with other countries.

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Speaker 5: That is MJ.

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Speaker 1: Moon, professor of Public Policy and Management at Yonsai Universe

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Speaker 1: in Seoul. We go to Colorado next. The man accused

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Speaker 1: him an attack in Boulder over the weekend has been

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Speaker 1: criminally charged. Mohammed Solomon was charged with a hate crime

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Speaker 1: and sixteen counts of attempted murder after an attack that

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Speaker 1: injured twelve people at an event in support of Israeli hostages.

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Speaker 1: Solomon is a citizen of Egypt, and US officials say

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Speaker 1: he has been residing in the States on a visa

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Speaker 1: that expired in twenty twenty three. He now faces as

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Speaker 1: long as ten years in prison, although additional charges could

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Speaker 1: be filed in this case. Here is Boulder County District

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Speaker 1: Attorney Michael Dhardy.

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Speaker 2: What you see here today is us standing shoulder to shoulder,

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Speaker 2: ensuring that justice is done in response to this tragic

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Speaker 2: and terrible attack. We stand united in denouncing hate, terror

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Speaker 2: and violence in this community.

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Speaker 1: That was Boulder County District Attorney Michael Dhardy. After weeks

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Speaker 1: of watching House Republicans wrangle over President Trump's allly in

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Speaker 1: one legislative package, the Senate now has a chance to

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Speaker 1: advance its own version of this spending bill. More from

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Speaker 1: Bloomberg's Amy Morrison Washington.

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Speaker 6: Senate Majority Leader John Thune aims to get the bill

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Speaker 6: to Trump's desk in just a few weeks.

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Speaker 1: Our biggest focus this month will be completing this tax

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Speaker 1: release legislation, with the goal of getting the final bill

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Speaker 1: to the President before the fourth of July.

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Speaker 6: Now, that won't leave much time to move it through

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Speaker 6: the Senate and most likely back through the House again.

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Speaker 6: Want senators make revisions, Lawmakers are expected to debate deeper

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Speaker 6: spending cuts, how high to raise the debt ceiling, and

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Speaker 6: the so called revenge tax that would increase tax rates

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Speaker 6: for individuals and companies from countries whose tax policies the

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Speaker 6: US deems discriminatory. Analysts worry it would create a disincentive

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Speaker 6: for foreign investment in Washington. Amy Morris, Bloomberg Radio.

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Speaker 1: And that is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Chrisoner, and this is Bloomberg