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Speaker 1: News when you wanted with Bloomberg News. Now I'm Doug Prisner.

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Speaker 1: Some European leaders are taking a stand against President Trump's

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Speaker 1: threat of new tariffs.

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Speaker 2: Now.

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Speaker 1: Trump announced a new ten percent levy on eight EU

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Speaker 1: countries opposed to his plans to seize Greenland. In response,

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Speaker 1: French President Emmanuel Macron intends to request the activation of

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Speaker 1: the EU's strongest trade countermeasure. However, German Chancellor Friedrich Murrz

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Speaker 1: is trying to persuade Macron to tone down his response.

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Speaker 1: At the same time, UK Prime Minister Keir Starmer criticized

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Speaker 1: Trump's move.

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Speaker 3: Alliances endure because they're built on respect and partnership, not Prussia.

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Speaker 3: That is why I said the use of tariffs against

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Speaker 3: allies is completely wrong. It is not the right way

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Speaker 3: to resolve differences within an alliance.

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Speaker 1: That is British Prime Minister Kre Starmer. Meantime, the managing

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Speaker 1: director of the IMF, christ Jolina Gyorgheva, says it's too

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Speaker 1: early to assess the impact of a potential new trade

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Speaker 1: war between Europe and the US truly to.

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Speaker 4: Say what exactly the impacts of new trade tensions is.

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Speaker 4: But we know that when we have more uncertainty, bet

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Speaker 4: for business, bet for households. The best way forward, find

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Speaker 4: the path to agreement, and that is going to be

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Speaker 4: good for everybody everywhere.

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Speaker 1: Christ Dolinia Jorgeva, the managing director of the IMF, speaking

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Speaker 1: to Bloomberg from the sidelines of the World Economic Forum

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Speaker 1: in Davos. We go to Spain next, where more than

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Speaker 1: three dozen people were killed when a high speed train

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Speaker 1: derailed and hit another train coming from the opposite direction.

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Speaker 1: Prime Minister Pedro Sanchez declared three days of mourning and

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Speaker 1: canceled his trip to Davos due to this accident.

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Speaker 2: I want expense to the vig teams, to the relatives

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Speaker 2: that from the central government, in coordination with all the

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Speaker 2: other administrations, we're going to protect bloom We're going for

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Speaker 2: assist them in whatever they need.

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Speaker 1: That is Spanish Prime Minister Pedro Sanchez speaking through an interpreter. Now,

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Speaker 1: Spain has one of the world's largest high speed trained networks.

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Speaker 1: Services have come under pressure recently given a surge in demand.

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Speaker 1: Tomorrow will be the third opportunity of the year for

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Speaker 1: the Supreme Court to issue its ruling on the legality

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Speaker 1: of President Trump's trade policy. Bloomberg's Nathan Hager has more

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Speaker 1: from Washington.

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Speaker 5: The High Court has gone through two opinion days this

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Speaker 5: year without ruling on President Trump's emergency tariffs. Investors will

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Speaker 5: see whether the third day is the one. The justices

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Speaker 5: have said this Tuesday as their next opinion day. As usual,

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Speaker 5: the High Court never says which cases it will decide

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Speaker 5: on until the justices return to the bench. If a

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Speaker 5: tariff ruling doesn't come this week, it could be a while.

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Speaker 5: The Supreme Court scheduled for a month long break starting

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Speaker 5: after this Wednesday. In Washington, I'm Nathan Hager.

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Speaker 1: Bloomberg Radio Wall Straight returns from a three day holiday

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Speaker 1: weekend with a focus on earnings. More from Bloomberg's Charlie Pellett.

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Speaker 6: So far, we've heard from about thirty of the S

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Speaker 6: and P five hundred companies, as investors show and newfound

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Speaker 6: affinity for firms that benefit most from an accelerating economy.

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Speaker 6: Cameron Dawson is chief investment officer at new Edge Wealth.

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Speaker 7: Now that we're in four Q you have seen earning

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Speaker 7: sestments get raised over the course of the last six months,

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Speaker 7: and that is also the same for twenty twenty six.

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Speaker 7: Twenty twenty six earning Sestiments have been getting Bratchett higher

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Speaker 7: over the last six months, and they're now sitting at

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Speaker 7: three hundred and ten dollars a share.

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Speaker 6: This week we hear from Capital One, Netflix, Intel, United Airlines,

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Speaker 6: three M and Johnson and Johnson in New York, Charlie

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Speaker 6: Pellett Bloomberg Radio.

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Speaker 1: MLK Day celebrations took place around the US today to

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Speaker 1: honor the life and legacy of doctor Martin Luther King Junior. Today,

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Speaker 1: King's youngest daughter, Bernice, gave an address in observance of

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Speaker 1: the national holiday.

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Speaker 2: We are living in a moral crisis, not symbolic, but

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Speaker 2: so deep.

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Speaker 5: Our humanity is at stake, that.

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Speaker 1: Is Bernice King. The Justice Department is reportedly considering loosening

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Speaker 1: gun regulations as a way of gaining support from gun

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Speaker 1: advocates for the Second Amendment. The Washington Post reports the

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Speaker 1: DOJ is considering easing restrictions on private gun sales and

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Speaker 1: loosening regulations around shipping firearms. These changes will also address

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Speaker 1: the types of firearms that can be imported now. Gun

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Speaker 1: rights groups have previously criticized Attorney General Pam Bondi for

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Speaker 1: not being aggressive enough in easing firearm restrictions. In sports,

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Speaker 1: the Indiana Hoosiers have won the College Football Playoff National Championship,

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Speaker 1: beating the Miami Hurricanes twenty seven to twenty one. And

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

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