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

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Speaker 1: John Bolton has been indicted over allegedly mishandling classified documents.

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Speaker 1: Bolton was charged with eighteen counts by a federal grand

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Speaker 1: jury in Maryland, and federal prosecutors secured and arrest warrant.

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Speaker 1: Bolton was National Security advisor to President Trump during his

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Speaker 1: first term. Here is Bloomberg's Kate Sullivan.

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Speaker 2: This indictment comes, you know, just weeks after indictments against

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Speaker 2: Jim Comey and Letitia James. After Comy was indicted, Trump

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Speaker 2: suggested that there were more people his administration were targeting,

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Speaker 2: clearly part of a retribution campaign that Trump has been

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Speaker 2: signaling for a long time.

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Speaker 1: Now. That is Kate Sullivan. Now Bolton previously denied mishandling

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Speaker 1: classified information. The White House is poised to east tariffs

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Speaker 1: on the US auto industry. We are told the Commerce

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Speaker 1: Department is set to announce a five year extension on

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Speaker 1: an arrangement allowing automakers to reduce what they pay in

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Speaker 1: tariffs on imported car parts. This concession follows mon months

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Speaker 1: of lobbying by the automakers. President Trump says he'll meet

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Speaker 1: with Russian President Vladimir Putin in Budapest to discuss an

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Speaker 1: end to the war in Ukraine. Today, Trump said great

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Speaker 1: progress was made after a more than two hour phone

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Speaker 1: call with Putin later in the day. Trump expressed optimism

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Speaker 1: of a breakthrough on a ceasefire, even though an August

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Speaker 1: meeting with Putin in Alaska failed to deliver one. Here

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Speaker 1: is Trump, Well, I think Alaska actually set a stage.

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Speaker 3: And that wasn't very long ago, but it set a stage.

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Speaker 3: You have to understand, I came into this situation. I

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Speaker 3: didn't start this war. This is a Biden deal, and

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Speaker 3: I came into it, and it was a mess. He

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Speaker 3: could have led to World War three. In my opinion,

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Speaker 3: this could have led to World War three.

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Speaker 1: That won't happen, President Trump speaking there now. The US

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Speaker 1: and Russia will hold high level staff talks next week

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Speaker 1: prior to the meeting of Trump and Putin Tomorrow. By

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Speaker 1: the way, President Trump is scheduled to meet with Ukraine's

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Speaker 1: President Vladimir Zelensky at the White House. The government has

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Speaker 1: been shut down for sixteen days, and it appears in

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Speaker 1: either side is budging sent him. Majority leader John Thune

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Speaker 1: told MSNBC today he offered Democrats a vote on extending

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Speaker 1: the Obamacare tax credits, but he couldn't guarantee an outcome.

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Speaker 1: We also heard today from House Speaker Mike Johnson.

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Speaker 4: The Obombcare subsidy issue is not the issue of today.

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Speaker 4: It is in a subsidy that expires December thirty one.

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Speaker 4: We were always planning to continue the debate and discussion

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Speaker 4: about that issue in October November. Ironically, Democrats are taking

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Speaker 4: the time off the clock for us to do that.

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Speaker 1: House Speaker Mike Johnson. Japan's finance minister voiced serious concern

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Speaker 1: today over China's latest export controls on rare earths, and

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Speaker 1: he stressed the importance of coordinated action from G seven

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Speaker 1: nations to avert a negative impact on global supply chains.

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Speaker 1: At the same time, today, US Trade rep Jamison Greer

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Speaker 1: said China is acting as if it wants to decouple

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Speaker 1: from the US and the rest of the world when

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Speaker 1: it comes to trade. Here is Greer speaking to Fox Business.

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Speaker 5: They're trying to control the supply chains of the entire world,

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Speaker 5: not just the United States. There's obviously a lot of

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Speaker 5: room to have a trading relationship with China that finds

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Speaker 5: a way to be constructive between US, but it China

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Speaker 5: keeps taking the types of actions or if they actually

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Speaker 5: implement what they've threatened to implement, they in effect will

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Speaker 5: will be decoupling.

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Speaker 1: That is US Trade Rep. Jamison Grier, speaking earlier to

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Speaker 1: Fox Business, he also said it's possible for the US

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Speaker 1: to take more stakes in rare earth companies to ensure

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Speaker 1: the US has access to those minerals. We go to

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Speaker 1: New York City next, where the candidates and the race

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Speaker 1: to become the city's next mayor debated tonight on the

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Speaker 1: stage where Independent candidate Andrew Cuomo, Democratic nominees are On

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Speaker 1: Mamdani and Republican nominee Curtis Sliwa. Through the evening, Cuomo

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Speaker 1: and Mamdani traded barbs.

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Speaker 3: This is not a job for a first timer any day.

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Speaker 3: You've got a hurricane, God forbid, a nine to eleven

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Speaker 3: health pandemic.

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Speaker 1: If you don't know what we can be.

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Speaker 5: Doing people, soir mom donnel, you want to respond.

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Speaker 2: And if we have a health pandemic, then why would

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Speaker 2: New Yorkers turn back to the governor who sent seniors

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Speaker 2: to their death in nursing homes.

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Speaker 1: Andrew Cuomo and Zoron Mumdani audio by the way, his

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Speaker 1: courtesy of WNBCTV and WNJUTV. Incidentally, this is the first

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Speaker 1: of two debates as the November fourth general election closes in,

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Speaker 1: the original lead guitarist and founding member of the glam

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Speaker 1: rock band Kiss has died. Ace Frehley died peacefully surrounded

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Speaker 1: by his family in Morristown, New Jersey. According to his agent,

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Speaker 1: Frehley suffered a recent fall. Ace Frehley was seventy four.

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Speaker 1: That is news when you wanted with Bloomberg News. Now

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Speaker 1: I'm Doug Prisner and this is Bloomberg