1 00:00:01,080 --> 00:00:03,760 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,840 --> 00:00:07,280 Speaker 1: Dan Schwartzman. President Trump has departed Malaysia and is on 3 00:00:07,320 --> 00:00:10,119 Speaker 1: his way to Japan. Earlier today, on the sidelines of 4 00:00:10,119 --> 00:00:13,520 Speaker 1: an international summit in Malaysia, Trump signed a peace agreement 5 00:00:13,560 --> 00:00:17,120 Speaker 1: between Cambodia and Thailand. Fighting between the two countries lasted 6 00:00:17,120 --> 00:00:19,959 Speaker 1: for five days over the summer. Thailand and Cambodia reached 7 00:00:19,960 --> 00:00:22,959 Speaker 1: the ceasefire back in July after Trump threatened to block 8 00:00:23,000 --> 00:00:25,920 Speaker 1: trade deals unless the fighting ceased. The peace agreement will 9 00:00:25,920 --> 00:00:28,840 Speaker 1: see the release of eighteen Cambodian prisoners of war, but 10 00:00:28,920 --> 00:00:31,680 Speaker 1: Thailand later said that it would eventually release the prisoners 11 00:00:31,960 --> 00:00:35,280 Speaker 1: after Cambodia withdraws heavy weapons and starts demining the borders. 12 00:00:35,400 --> 00:00:36,440 Speaker 1: Here's President Trump. 13 00:00:36,840 --> 00:00:38,800 Speaker 2: I shouldn't say it's a hobby because it's so much 14 00:00:38,840 --> 00:00:41,559 Speaker 2: more serious than a hobby. But it's something that I'm 15 00:00:41,600 --> 00:00:43,920 Speaker 2: good at and it's something I love to do. The 16 00:00:44,040 --> 00:00:46,440 Speaker 2: United Nations should be doing this, but they don't do it. 17 00:00:46,760 --> 00:00:50,239 Speaker 1: That's President Trump. Also today, Trump unveiling trade deals with 18 00:00:50,280 --> 00:00:53,760 Speaker 1: several countries in Southeast Asia, aiming to increase access to 19 00:00:53,800 --> 00:00:57,640 Speaker 1: critical minerals and markets for US agricultural goods. The agreements 20 00:00:57,640 --> 00:01:01,080 Speaker 1: include exemptions from tariffs on key exports some countries such 21 00:01:01,080 --> 00:01:05,120 Speaker 1: as Thailand, Cambodia, Vietnam in Malaysia, and framework trade packs 22 00:01:05,120 --> 00:01:07,920 Speaker 1: will be enacted in the coming weeks. Here's President Trump again. 23 00:01:08,640 --> 00:01:12,520 Speaker 2: My message to the nations of Southeast Asias at the 24 00:01:12,600 --> 00:01:16,080 Speaker 2: United States is with you one hundred percent, and we 25 00:01:16,160 --> 00:01:19,400 Speaker 2: intend to be a strong partner and friend for many 26 00:01:19,480 --> 00:01:20,680 Speaker 2: generations to come. 27 00:01:21,720 --> 00:01:24,720 Speaker 1: Meantime, over the weekend, US and Chinese officials say that 28 00:01:24,800 --> 00:01:27,479 Speaker 1: they have agreed to a framework of a deal on 29 00:01:27,520 --> 00:01:31,319 Speaker 1: tariffs and other issues. The trade negotiations happened in Malaysia, 30 00:01:31,600 --> 00:01:34,200 Speaker 1: and this comes ahead of President Trump's meeting with Chinese 31 00:01:34,280 --> 00:01:37,640 Speaker 1: leader Shijimping later in the week. Treasury Secretary Scott Besson 32 00:01:37,760 --> 00:01:40,280 Speaker 1: was part of the US delegation that went to Malaysia 33 00:01:40,280 --> 00:01:42,800 Speaker 1: for those trade talks with China. He says that Trump 34 00:01:42,840 --> 00:01:45,240 Speaker 1: and she are expected to reach a deal to avert 35 00:01:45,280 --> 00:01:48,040 Speaker 1: a new one hundred percent in US tarify on Chinese goods. 36 00:01:48,240 --> 00:01:51,520 Speaker 1: Here's Best in speaking on NBC's Meet the Press. 37 00:01:51,480 --> 00:01:55,720 Speaker 3: President Trump gave me a great deal of negotiating leverage 38 00:01:55,920 --> 00:01:59,160 Speaker 3: with the threat of the one hundred percent tariffs on 39 00:01:59,320 --> 00:02:03,600 Speaker 3: November first, and I believe we've reached a very substantial 40 00:02:03,640 --> 00:02:07,520 Speaker 3: framework that will avoid that and allow us to discuss 41 00:02:07,600 --> 00:02:10,320 Speaker 3: many other things with the Chinese. 42 00:02:10,960 --> 00:02:14,480 Speaker 1: That's Treasury Secretary Scott Besson speaking on NBC's Meet the Press. 43 00:02:14,800 --> 00:02:16,840 Speaker 1: Bessett went on to say that he expects China to 44 00:02:16,840 --> 00:02:20,400 Speaker 1: make quote substantial so webean purchases as well as offer 45 00:02:20,400 --> 00:02:24,440 Speaker 1: a deferral on sweeping rare earth controls. We go to Argentina, 46 00:02:24,440 --> 00:02:27,840 Speaker 1: where President Javier Mile has won the country's midterm vote. 47 00:02:27,960 --> 00:02:30,480 Speaker 1: His party received about forty one percent of the vote 48 00:02:30,560 --> 00:02:33,600 Speaker 1: in ninety two percent of ballots counted, and claiming sixty 49 00:02:33,600 --> 00:02:35,480 Speaker 1: four of one hundred and twenty seven seats in the 50 00:02:35,520 --> 00:02:38,400 Speaker 1: lower House of Congress. That's according to data from Interior 51 00:02:38,480 --> 00:02:41,400 Speaker 1: Minister Guierre moo Francos. The wing gives me a new 52 00:02:41,440 --> 00:02:44,640 Speaker 1: momentum to push ahead with his sweeping economic reforms, and 53 00:02:44,680 --> 00:02:47,440 Speaker 1: it also backs up Washington's bet on him. After the 54 00:02:47,520 --> 00:02:50,920 Speaker 1: US recently signed a twenty billion dollar currency swap deal 55 00:02:51,120 --> 00:02:55,240 Speaker 1: to help stabilize argentina struggling Peso, President Trump said he 56 00:02:55,320 --> 00:02:58,000 Speaker 1: is adding ten percent to US tariffs on goods imported 57 00:02:58,040 --> 00:03:00,920 Speaker 1: from Canada after the province of our Ontario aired an 58 00:03:00,919 --> 00:03:05,519 Speaker 1: anti tariff advertisement featuring Ronald Reagan. Meantime, Canadian Prime Minister 59 00:03:05,600 --> 00:03:08,000 Speaker 1: Mark Carney says the world would start shifting away from 60 00:03:08,040 --> 00:03:11,040 Speaker 1: trading with the US not just because of Trump's tariffs, 61 00:03:11,120 --> 00:03:14,040 Speaker 1: but also because of the Trump administration's rejection of green 62 00:03:14,160 --> 00:03:16,200 Speaker 1: energy so natural. 63 00:03:16,000 --> 00:03:17,800 Speaker 4: Which trade is going to shift away. 64 00:03:19,360 --> 00:03:21,840 Speaker 3: By definition. The other reason is from the US for 65 00:03:21,880 --> 00:03:26,080 Speaker 3: a period of time. On that it's also shifting because 66 00:03:26,080 --> 00:03:28,080 Speaker 3: it's more expensive to trade with the United States. 67 00:03:28,520 --> 00:03:31,519 Speaker 1: That's Canadian Prime Minister Mark Karney speaking at a business 68 00:03:31,600 --> 00:03:34,480 Speaker 1: and investment forum in Malaysia. We next go to France, 69 00:03:34,520 --> 00:03:37,200 Speaker 1: where there is progress in the search for suspects who 70 00:03:37,200 --> 00:03:40,240 Speaker 1: broke into the Louver Bloomberg's Monica ricks with details. 71 00:03:40,840 --> 00:03:43,200 Speaker 4: At least two arrests have been made in Paris, a 72 00:03:43,240 --> 00:03:46,280 Speaker 4: week after a shocking Crown jewel heist at the Louver Museum. 73 00:03:46,600 --> 00:03:49,440 Speaker 4: French police nabbed one suspect at the airport as he 74 00:03:49,480 --> 00:03:52,360 Speaker 4: was trying to make a getaway to Algeria. Both men 75 00:03:52,400 --> 00:03:56,200 Speaker 4: now face robbery and conspiracy charges, but investigators are still 76 00:03:56,240 --> 00:03:58,800 Speaker 4: searching for at least two other thieves on the team 77 00:03:59,080 --> 00:04:01,880 Speaker 4: and have yet to recover the stolen jewelry. The Loop, 78 00:04:01,960 --> 00:04:04,840 Speaker 4: meantime has been moving its remaining precious jewels to the 79 00:04:04,840 --> 00:04:08,240 Speaker 4: Bank of France for better security. Its vaults hold ninety 80 00:04:08,280 --> 00:04:12,320 Speaker 4: percent of the country's gold reserves. Monica Ricks Bloomberg Radio. 81 00:04:13,000 --> 00:04:16,440 Speaker 1: The Trump administration is proposing another rule to toughen the 82 00:04:16,440 --> 00:04:20,040 Speaker 1: immigration system. Bloomberg's Nathan Hager reporting from Washington. 83 00:04:20,480 --> 00:04:23,560 Speaker 5: The Department of Homeland Security will now require all immigrants 84 00:04:23,560 --> 00:04:26,360 Speaker 5: and non US citizens to be photographed before they enter 85 00:04:26,480 --> 00:04:29,560 Speaker 5: or leave the country. US Customs and Border Protection already 86 00:04:29,600 --> 00:04:33,080 Speaker 5: requires photos and fingerprints from certain immigrants and foreign visitors 87 00:04:33,080 --> 00:04:37,160 Speaker 5: at designated locations. DHS says this new expanded rule will 88 00:04:37,160 --> 00:04:41,240 Speaker 5: help address national security concerns, fraudulent use of travel documentation, 89 00:04:41,520 --> 00:04:45,839 Speaker 5: and visa over stays. In Washington, I'm Nathan Hager, Bloomberg Radio. 90 00:04:46,200 --> 00:04:49,880 Speaker 1: K Pop superstar BTS is planning its biggest tour ever. 91 00:04:50,240 --> 00:04:54,040 Speaker 2: Small banker like kriminal under Cover. 92 00:04:54,120 --> 00:04:56,760 Speaker 1: Yon Pat, the South Korean boy band is working on 93 00:04:56,800 --> 00:04:58,800 Speaker 1: a new album, which will be released at the end 94 00:04:58,839 --> 00:05:00,599 Speaker 1: of March two thousand, twis twenty six. 95 00:05:01,080 --> 00:05:01,279 Speaker 4: Now. 96 00:05:01,360 --> 00:05:05,240 Speaker 1: BTS temporarily disbanded as its members undertook their mandatory military 97 00:05:05,320 --> 00:05:08,200 Speaker 1: service With that now done, this will tee up the 98 00:05:08,200 --> 00:05:12,400 Speaker 1: group's first proper tour since twenty nineteen. It's all BTS 99 00:05:12,440 --> 00:05:15,320 Speaker 1: plans to perform about sixty five dates all over the world, 100 00:05:15,640 --> 00:05:19,440 Speaker 1: including more than thirty shows in North America. And that's 101 00:05:19,520 --> 00:05:22,159 Speaker 1: news when you want it with Bloomberg News Now, I'm 102 00:05:22,200 --> 00:05:24,200 Speaker 1: Dan Schwartzman, and this is Bloomberg