Episode Transcript
News when you wanted with Bloomberg News.
Now, I'm Doug Krisner.
We begin in China, where the government says it will not back down in the face of a renewed tariff threat from President Trump.
Last week, Trump suggested new levies on Chinese imports of one hundred percent, and he also said the US would impose export controls on any and all critical software beginning November first.
Now, these moves came after China imposed export curbs on rare earth minerals.
Today, Beijing said the US should stop issuing threats.
The Ministry of Commerce urged further negotiations, while at the same time saying it will not hesitate to retaliate.
Here is US Trade Rep Jamison Greer speaking on Fox News.
Speaker 2Clearly, the Chinese have realized that they have wildly overstepped the bounds of what's acceptable.
I can tell you that we were not notified, and quickly as soon as we found out from public sources, we reached out to the Chinese to have a phone call and they deferred.
However, in the past couple of days, I think it's become very clear to everybody that is powagrapt by the Chinese won't be tolerated.
Speaker 1Jamison Greer, there US Trade rep speaking to Fox News also today, in a post on truth social President Trump said, don't worry about China.
It'll be fine.
The President is traveling to the Middle East to seal a deal to end the war in Gaza.
He will greet Israeli hostages in Jerusalem.
They are expected to be released by Hamas in the next twenty four hours in exchange for Palestinian prisoners.
Now, the Israeli government said the process is expected to begin Monday morning local time.
Here is President Trump speaking to reporters before leaving for Israel.
Speaker 3There at five hundred thousand people yesterday and today in Israel, and also the Muslim and Arab countries are all cheering.
Everybody's cheering at one time.
That's never happened before.
Speaker 2Usually, if you have one cheering, the other isn't.
Speaker 1President Trump speaking to reporters before boarding Air Force one.
Now, as a part of the first phase of this ceasefied Israeli forces have withdrawn to a new defensive line inside Gaza, and thousands of displaced Palestinians have headed back to Gaza City.
At the same time, increased humanitarian aid is expected to start flowing in the US.
The government shutdown is now approaching two weeks, and President Trump has started to fire federal workers, although he vowed to continue paying members of the military.
Now the decision to pay troops may ease some tensions of the immediate pressure on Republicans to soften their stance on Democratic demands to address health care cost.
Vice President j.
D.
Van says the government must be open for the Trump administration and Republicans to begin negotiations.
Speaker 4There's a lot of willingness to negotiate, a lot of willingness to compromise from both the moderate Democrats and certainly from the White House.
But if the far left Democrats led by Chuck Schumer are going to shut down the government and refuse to open up the government unless they get everything they want negotiation.
Speaker 1Vice President JD Van speaking to CBS Face the Nation.
Over the weekend, President Trump and Ukrainian President Voladimir Zelenski spoke on a phone call.
They discussed air defense, long range weapons, energy, and some other matters.
Meantime, Ukraine is hoping to keep pressure on Russia with a trip to Washington this week.
Bloomberg's Nathan Hager has more.
Speaker 3A team led by Ukrainian Prime Minister Julius Viridenko will be in DC to discuss freezing Russian assets, air defenses, and ramping up sanctions against Moscow.
President Vladimir Zelenski says the delegation will also discuss Ukraine's energy needs.
He says Kiev will need to increase natural gas imports by nearly a third after Russia's attacks on their infrastructure heading into the winter.
In Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1Tesla is facing a federal probe following crashes involving a self driving feature.
We have more from Bloomberg's Amy Morris.
Speaker 5Federal regulators opened another investigation into Tesla's so called full self driving technology after dozens of incidents in which the electric vehicle makers cars ran red lights or drove on the wrong side of the road, sometimes crashing into other vehicles and endangering drivers.
The National Highway Traffic Safety Administration says it has fifty eight incident reports of Tesla vehicles violating traffic safety laws while operating in full self driving mode.
The probe covers two point nine million vehicles.
Amy Morris, Bloomberg Radio.
Speaker 1And that is news when you want it with Bloomberg News.
Now, I'm Doug Prisoner and this is Bloomberg