1 00:00:01,240 --> 00:00:03,280 Speaker 1: News when you want it with Bloomberg News. Now, I'm 2 00:00:03,279 --> 00:00:06,680 Speaker 1: Doug Krisner, and we begin with breaking news on trade. Tonight, 3 00:00:06,720 --> 00:00:10,280 Speaker 1: President Trump said the US has completed a deal with Japan. 4 00:00:10,920 --> 00:00:13,480 Speaker 1: In a post earlier on truth Social Trump said the 5 00:00:13,560 --> 00:00:17,560 Speaker 1: tariff freight will be set at fifteen percent. Here's Bloomberg's 6 00:00:17,560 --> 00:00:18,280 Speaker 1: Paul Jackson. 7 00:00:18,520 --> 00:00:21,960 Speaker 2: Anything above twenty percent was going to be considered a 8 00:00:22,000 --> 00:00:25,119 Speaker 2: bad deal for Japan. So getting below twenty percent, I 9 00:00:25,120 --> 00:00:27,880 Speaker 2: think was a key kind of benchmark for the Japanese. 10 00:00:27,920 --> 00:00:30,639 Speaker 2: So fifteen percent, you know, ten percent was probably the 11 00:00:30,720 --> 00:00:35,000 Speaker 2: best outcome. Fifteen percent not bad, but we have that 12 00:00:35,120 --> 00:00:38,199 Speaker 2: big question mark about where the auto tariff's all. 13 00:00:38,400 --> 00:00:41,600 Speaker 1: That was Bloomberg's Paul Jackson. Now, President Trump said that 14 00:00:41,680 --> 00:00:44,600 Speaker 1: Japan will be opening its markets to American products. This 15 00:00:44,680 --> 00:00:49,559 Speaker 1: would include cars, trucks, rice, and other agricultural products. And 16 00:00:49,760 --> 00:00:52,159 Speaker 1: at the same time, according to Trump, Japan will be 17 00:00:52,200 --> 00:00:55,440 Speaker 1: investing five hundred and fifty billion dollars in the US. 18 00:00:56,040 --> 00:00:59,120 Speaker 1: And this morning in Tokyo, Minichi is reporting that Prime 19 00:00:59,160 --> 00:01:02,920 Speaker 1: Minister Ishiba will announce his resignation by the end of 20 00:01:02,960 --> 00:01:06,880 Speaker 1: August after his party, the LDP, and its coalition partner 21 00:01:07,280 --> 00:01:10,560 Speaker 1: lost their majority in the Upper House in elections over 22 00:01:10,560 --> 00:01:15,120 Speaker 1: the weekend. Microsoft is accusing Chinese state sponsored hackers of 23 00:01:15,240 --> 00:01:19,319 Speaker 1: using flaws in its SharePoint document management software in a 24 00:01:19,400 --> 00:01:23,480 Speaker 1: hacking campaign. Well, now we're learning the US agency responsible 25 00:01:23,520 --> 00:01:27,560 Speaker 1: for maintaining and designing the US cache of nuclear weapons 26 00:01:27,840 --> 00:01:30,880 Speaker 1: was among those breached. We are told no sensitive for 27 00:01:31,000 --> 00:01:34,080 Speaker 1: classified information is known to have been compromised in the 28 00:01:34,120 --> 00:01:38,679 Speaker 1: attack on the National Nuclear Security Administration. Here is Bloomberg's 29 00:01:38,720 --> 00:01:39,920 Speaker 1: Annabelle Drulers the. 30 00:01:39,959 --> 00:01:42,280 Speaker 3: Data that seems to have been accessed. It doesn't seem 31 00:01:42,319 --> 00:01:45,120 Speaker 3: to pertain to that as what. We also understand that 32 00:01:45,280 --> 00:01:49,080 Speaker 3: no sensitive or classified information has been compromised at this time, 33 00:01:49,360 --> 00:01:51,880 Speaker 3: but we are still trying to understand the extent of 34 00:01:52,000 --> 00:01:55,920 Speaker 3: the damage, which doesn't just pertain directly to the NNSSA, 35 00:01:56,280 --> 00:01:58,880 Speaker 3: but to other government departments that have also been targeted 36 00:01:58,920 --> 00:02:01,840 Speaker 3: in this Because this group, like the Education Department in 37 00:02:01,880 --> 00:02:05,640 Speaker 3: the US, Florida's Department of Revenue, the Rhode Island General Assembly, 38 00:02:05,640 --> 00:02:07,640 Speaker 3: I mean a lot of different government departments caught up 39 00:02:07,640 --> 00:02:10,919 Speaker 3: in these, plus government departments in Europe and the Middle East. 40 00:02:10,960 --> 00:02:14,400 Speaker 3: This is clearly very widespread and businesses affected as well. 41 00:02:14,440 --> 00:02:18,200 Speaker 1: That was Bloomberg's Annabel Droolers. House lawmakers are leaving early 42 00:02:18,320 --> 00:02:21,639 Speaker 1: for a five week long August recess. House Speaker Mike 43 00:02:21,720 --> 00:02:25,320 Speaker 1: Johnson announced he was cutting short this week's legislative business 44 00:02:25,680 --> 00:02:29,400 Speaker 1: to avoid having to hold votes on releasing files related 45 00:02:29,400 --> 00:02:33,880 Speaker 1: to the accused sex trafficker Jeffrey Epstein. Mister Johnson's move 46 00:02:33,960 --> 00:02:37,760 Speaker 1: will for now denied Democrats the chance to force procedural 47 00:02:37,840 --> 00:02:40,919 Speaker 1: votes that would call on the Justice Department to make 48 00:02:40,960 --> 00:02:42,440 Speaker 1: the information public. 49 00:02:42,840 --> 00:02:46,040 Speaker 4: Here is Johnson, There's no purpose for Congress to push 50 00:02:46,040 --> 00:02:48,800 Speaker 4: an administration to do something that they're already doing, and 51 00:02:48,880 --> 00:02:56,200 Speaker 4: so this is for political games. I'm very resolute on this. 52 00:02:56,919 --> 00:03:00,640 Speaker 4: We can both call for full transparency and also victims, 53 00:03:00,919 --> 00:03:03,440 Speaker 4: and if you run roughshot or you'd do it too quickly, 54 00:03:03,480 --> 00:03:06,480 Speaker 4: that's not what happens. But I'm convinced that the DOJ 55 00:03:06,639 --> 00:03:08,520 Speaker 4: is going to do their job, the administrator is going 56 00:03:08,560 --> 00:03:10,799 Speaker 4: to do their job, and we'll do our job. 57 00:03:11,400 --> 00:03:14,920 Speaker 1: That is House Speaker Mike Johnson. Meantime, the Justice Department 58 00:03:15,040 --> 00:03:19,040 Speaker 1: is seeking to speak to Slaine Maxwell, former associate to 59 00:03:19,080 --> 00:03:23,840 Speaker 1: mister Epstein. US Deputy Attorney General Todd Blanche said he's 60 00:03:24,040 --> 00:03:26,920 Speaker 1: anticipating a meeting with Maxwell to take place in the 61 00:03:26,960 --> 00:03:30,480 Speaker 1: coming days. On the earnings front, we'll hear from Tesla 62 00:03:30,600 --> 00:03:34,000 Speaker 1: after the closing bell on Wednesday. Bloomberg's Tom Busby has 63 00:03:34,040 --> 00:03:36,440 Speaker 1: more on what to look for in the ev makers 64 00:03:36,480 --> 00:03:37,120 Speaker 1: second quarter. 65 00:03:37,400 --> 00:03:40,360 Speaker 5: After reporting earlier this month at Q two, deliveries were 66 00:03:40,360 --> 00:03:43,120 Speaker 5: down thirteen percent from a year ago. Many analysts are 67 00:03:43,200 --> 00:03:46,360 Speaker 5: worried about Tesla reporting a second straight year of declining 68 00:03:46,400 --> 00:03:49,400 Speaker 5: deliveries the mid ongoing sales slumps here in the US 69 00:03:49,520 --> 00:03:52,400 Speaker 5: as well as in China and Europe. Investors will be watching, though, 70 00:03:52,440 --> 00:03:54,280 Speaker 5: for updates on its outlook for the full year and 71 00:03:54,360 --> 00:03:58,440 Speaker 5: information about itself driving robotaxi efforts and the long delayed 72 00:03:58,440 --> 00:04:01,800 Speaker 5: plans were a more affordable model. Bloomberg and cens its 73 00:04:01,800 --> 00:04:04,040 Speaker 5: calls for revenue twenty two point five to four billion 74 00:04:04,080 --> 00:04:07,080 Speaker 5: on adjusted earnings per share of forty two cents. Tom Busby, 75 00:04:07,240 --> 00:04:15,320 Speaker 5: Bloomberg Radio. 76 00:04:17,000 --> 00:04:20,880 Speaker 1: The self proclaimed Prince of Darkness, Black Sabbath frontman Ozzy 77 00:04:21,000 --> 00:04:24,479 Speaker 1: Osbourne has died. His passing was announced Tuesday in a 78 00:04:24,520 --> 00:04:28,520 Speaker 1: statement from Osborne's family. The heavy metal legend suffered from 79 00:04:28,560 --> 00:04:32,680 Speaker 1: Parkinson's disease, which he publicly disclosed back in twenty twenty, 80 00:04:33,040 --> 00:04:36,520 Speaker 1: now less than three weeks ago, Osborne performed at a 81 00:04:36,560 --> 00:04:40,680 Speaker 1: farewell concert before forty thousand fans in England. In his 82 00:04:40,800 --> 00:04:44,640 Speaker 1: later years, Ozzy and his family became reality TV stars. 83 00:04:45,000 --> 00:04:48,839 Speaker 1: When MTV premiered The Osbourne's Back in two thousand and two, 84 00:04:49,040 --> 00:04:52,400 Speaker 1: Ozzy Osbourne was seventy six. And that is news when 85 00:04:52,400 --> 00:04:54,880 Speaker 1: you want it with Bloomberg News. Now, I'm Doug Prisner 86 00:04:54,920 --> 00:04:56,039 Speaker 1: and this is Bloomberg