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

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Speaker 1: President Trump has ordered a pause to all military aid

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Speaker 1: for Ukraine, and in doing so, Trump has turned up

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Speaker 1: the heat on Ukrainian President volodim Or Zelenski, just days

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Speaker 1: after that blow up in the Oval Office where the

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Speaker 1: Ukrainian president may have left with a lot of doubt

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Speaker 1: about continued US support. Here is Bloomberg's chill esis.

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Speaker 2: We're hearing a a big escalation in terms of how

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Speaker 2: much of a pressure campaign the Trump administration is really

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Speaker 2: mounting on Zelensky in Ukraine here. So this is according

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Speaker 2: to a senior Defense Department official, the US would be

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Speaker 2: pausing all current military aid to Ukraine. This is all

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Speaker 2: part of Trump's measures to determine whether Zelenski and Ukraine

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Speaker 2: are demonstrating, you know, what he would think of as

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Speaker 2: a good faith commitment to peace.

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Speaker 1: That is Bloomberg's chill desis now a US official tells

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Speaker 1: US US military equipment not currently in Ukraine will be paused.

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Speaker 1: This includes weapons in transit on aircraft and ships, or

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Speaker 1: waiting in transit in areas like Poland. There is no

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Speaker 1: room left for Canada and Mexico to avoid US tariffs.

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Speaker 1: Those are the words of President Trump. He said the

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Speaker 1: countries could not negotiate any reprieve from twenty five percent

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Speaker 1: tariffs scheduled to take effect at twelve oh one am Tuesday.

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Speaker 1: Here is Trump.

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Speaker 3: They can't come in and steal our money and steal

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Speaker 3: our jobs, and take our factories and take our businesses

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Speaker 3: and expect.

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Speaker 4: Not to be punished. And they're being punished by tariffs.

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Speaker 1: That was President Trump speaking there. Also today Trump signed

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Speaker 1: in order to raise tariffs on Chinese goods to twenty

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Speaker 1: percent from the current ten percent. And now we are

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Speaker 1: hearing from Beijing, where leadership says it will adopt necessary

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Speaker 1: countermeasures to defend its rights and interest against those US tariffs.

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Speaker 1: Beijing is also urging the US to return to dialogues. Meantime,

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Speaker 1: Canada has prepared a package of countermeasures against US made products.

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Speaker 1: Canadian Foreign Minister Melny Jolie says the government is ready

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Speaker 1: to go ahead with retaliatory duties announced last month.

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Speaker 3: We know that this is an existential threat to US,

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Speaker 3: and there are thousands of jobs in Canada at stick.

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Speaker 3: Now we've done.

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Speaker 1: The work we already should the US decide to launch

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Speaker 1: their trade war.

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Speaker 3: We will be ready. We are not looking for this,

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Speaker 3: We're not seeking this.

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Speaker 1: That's Canadian Foreign Minister Melanie Jolie. SpaceX scrubbed the test launch.

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Speaker 1: If it's Starship Rocket, this would have been the eighth

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Speaker 1: test flight. It was canceled seconds before planned liftoff.

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Speaker 5: We're unable to lift off today. But just because we

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Speaker 5: don't go today, it doesn't mean we're not going to

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Speaker 5: go tomorrow or one of the days coming up. So

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Speaker 5: we are going to start offloading all of that propellant

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Speaker 5: on the booster and the ship. As we talked a

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Speaker 5: little bit earlier, we can go as soon as twenty

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Speaker 5: four hours later. We won't know that for sure until

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Speaker 5: we dig into everything that kicked us out of our

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Speaker 5: attempt today.

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Speaker 1: Starship was related to launch from SpaceX's star Base facility

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Speaker 1: in South Texas on a roughly one hour mission. Taiwan

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Speaker 1: Semiconductor Manufacturing is planning to invest an additional one hundred

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Speaker 1: billion dollars in US plants with an aim of boosting

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Speaker 1: chip output on American soil. The announcement was made today

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Speaker 1: at the White House, where President Trump was joined by

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Speaker 1: the CEO of tsmc Ccway Here is.

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Speaker 3: Way TSMBC, start the journey of Esteprechin, the vance chip,

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Speaker 3: the manufacturing in Arizona, and now maybe proudly say now

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Speaker 3: the vision become reality.

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Speaker 1: That is ccway there, the chief executive of Taiwan Semi.

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Speaker 1: By the way, the new spending will add to the

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Speaker 1: sixty five billion dollars in TSMC's investments in the US

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Speaker 1: already in the pipeline. The private equity forum Sycamore Partners

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Speaker 1: is nearing an acquisition of Walgreen's Boots Alliance. We're told

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Speaker 1: the deal will be worth around ten billion dollars and

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Speaker 1: may announced as soon as this week. Now. A takeover

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Speaker 1: could lead to the breakup of Walgreens, which runs business

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Speaker 1: including the UK pharmacy chain Boots and the US healthcare

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Speaker 1: provider Village MD. Target will be among the closely watched

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Speaker 1: earnings reports tomorrow morning. Here in the States. We have

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Speaker 1: a preview from Bloomberg's Charlie Pellett.

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Speaker 4: Target's outlook on consumer demand and macro economic uncertainties will

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Speaker 4: be among key areas of focus. Joe Feldman is an

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Speaker 4: analyst with Telsey Advisory Group. He's got an outperform rating

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Speaker 4: on the stock, with a one hundred and fifty dollars

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Speaker 4: price target.

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Speaker 2: We're hoping to see better trend on the inventory side.

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Speaker 1: Their in stocks have been very good, which is a

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Speaker 1: good thing because you can sell the product.

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Speaker 4: The estimate on sales is thirty point sixty seven billion

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Speaker 4: dollars with gross margin a twenty five point five percent.

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Speaker 4: In New York, Charlie Pellett Bloomberg Radio.

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Speaker 1: Oil prices fell to their lowest level of the year

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Speaker 1: during New York trading. That was after OPEC Plus decided

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Speaker 1: to restart some halted production crude oil. In the New

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Speaker 1: York session, WTI was down two percent, weaker by another

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Speaker 1: four tenths of one percent at the moment sixty eight fifteen.

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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 Chrisner, and this is Bloomberg