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Speaker 1: News when you wanted with Bloomberg News Now, I'm Dan Schwartzman.

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Speaker 1: President Trump says that he quote couldn't care less if

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Speaker 1: car prices are raised by automakers. In response to his

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Speaker 1: planned twenty five percent tariff on auto parts, Trump stated

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Speaker 1: that if carmakers decide to raise prices, people would just

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Speaker 1: start buying American made cars. Imported cars and light trucks

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Speaker 1: accounted for around half of the roughly sixteen million vehicles

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Speaker 1: sold in the US last year. JP Morgan Chase analysts

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Speaker 1: estimate that car prices will jump eleven percent on average

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Speaker 1: if Trump implements the tariffs. Trump in the interview also

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Speaker 1: went on to say that he's looking at an next

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Speaker 1: screen land and won't take the option of doing so

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Speaker 1: using military force off the table, although he doesn't believe

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Speaker 1: he'll have to resort to that. The president also said

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Speaker 1: he does not plan to fire anyone over the security

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Speaker 1: leak of planned military action in Yemen. On this signal

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Speaker 1: chat app, the death told Me and mar from the

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Speaker 1: seven point seven magnitude earthquake has passed sixteen hundred, with

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Speaker 1: over thirty four hundred people injured and one hundred and

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Speaker 1: thirty nine still missing, with extensive damage reported in the

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Speaker 1: city of Mandalay. International rescue teams from China, India, and

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Speaker 1: Russia have arrived to assist, while countries including the US

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Speaker 1: have pledged to send aid following the military junta's rare

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Speaker 1: request for international help. In neighboring Thailand, rescues are searching

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Speaker 1: for dozens of people missing from a collapsed high rise

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Speaker 1: building in Bangkok, and authorities have declared the quake a

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Speaker 1: Level three disaster, with safety audits and temporary shelters set

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Speaker 1: up in response. We're hearing Ukraine plans to ask for

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Speaker 1: changes to President Trump's for post sweeping new economic deal

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Speaker 1: with the US. More details from Bloomberg's Denise Pellegrini.

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Speaker 2: A draft proposal of this deal seen by Bloomberg News

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Speaker 2: would grant Washington control over all major future infrastructure and

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Speaker 2: mineral investments in Ukraine and with no time limit attached,

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Speaker 2: but sources Saikiev is concerned the deal may undermine its

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Speaker 2: bid to join the European Union and require it to

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Speaker 2: pay US military and economics support provided since the start

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Speaker 2: of Russia's war with Ukraine. Ukrainian officials, as a result,

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Speaker 2: are seeking clarification and amendments to this deal with the US,

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Speaker 2: and they want to pledge for more US investment as

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Speaker 2: part of a reward.

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Speaker 1: Vice President Jade Vance raised attempt sture on relations with Denmark,

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Speaker 1: criticizing the European ally for not doing a good job

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Speaker 1: of keeping Greenland safe while under investing in the island's

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Speaker 1: people and security architecture. Danish Foreign Minister Loke Rasmussen says

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Speaker 1: Denmark is willing to discuss a larger American security presence,

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Speaker 1: but we are open to criticism. But let me be

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Speaker 1: completely honest. We do not appreciate the tone in which

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Speaker 1: is being delivered. This is not how you speak to

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Speaker 1: your close allies. Meanwhile, President Trump believes the US needs

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Speaker 1: to take control of Greenlands for international security, citing the

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Speaker 1: presidence of Chinese and Russian ships in the area. The

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Speaker 1: Trump administration has revoked permits and waivers allowing Western energy

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Speaker 1: firms such as Global Oil Terminals REPSOL and morel et

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Speaker 1: Prom to operate in Venezuela. President Trump recently gave Chevron

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Speaker 1: a deadline of May twenty seventh to wrap up its

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Speaker 1: operations in the country as a way to pressure Venezuelan

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Speaker 1: President Nicholas Maduro's regime to make democratic reforms as well

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Speaker 1: as accept the return of more Venezuelans who had migrated

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Speaker 1: to the US. Another near miss a Reagan National Airport

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Speaker 1: in Washington, as a Delta flight was cleared for takeoff

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Speaker 1: at the same time four US Air Force T thirty

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Speaker 1: eight tallon jets were inbound for a flyover of Arlington

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Speaker 1: National Cemetery. The commercial flight received an on board alert

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Speaker 1: of a nearby aircraft, while air traffic controllers issued corrective

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Speaker 1: instructions to both airplanes. The Delta plane was carrying one

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Speaker 1: hundred and thirty one passengers, with two pilots and three

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Speaker 1: flight attendants. The incident comes just two months after mid

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Speaker 1: air collision above the same airport killed sixty seven people.

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Speaker 1: As the federal government seeks to cut spending, Defense Secretary

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Speaker 1: Pete Hegsith has signed AI a memorandum that aims reduced

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Speaker 1: the Department of Defense's civilian workforce. The DoD announced plans

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Speaker 1: last month to fire between five and eight percent of

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Speaker 1: its civilian workforce, which currently numbers around nine hundred and

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Speaker 1: fifty thousand employees. The proposed cuts could number seventy six thousand.

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Speaker 1: HEXAI called for the implementation of the Deferred Resignation Program

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Speaker 1: and for offering voluntary early retirement to eligible civilian employees.

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Speaker 1: The NCAA Men's college basketball ellegiate matchups began and today

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Speaker 1: with one seed Florida holding on to beat three seed

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Speaker 1: Texas Tech advance the Final four, while currently one seed

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Speaker 1: Duke is battling two seed Alabama. Tomorrow's games feature two

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Speaker 1: one versus two matchups, as one seed Houston takes on

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Speaker 1: two seed Tennessee, while one seed Auburn plays two seed

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Speaker 1: Michigan State. That's news when he want it with Bloomberg News. Now,

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Speaker 1: I'm Dan Schwartzman, and this is Bloomberg