Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.



The Trump administration is preparing to pressure nations to curb trade with China in negotiations over US tariffs, according to people familiar with the matter.

Dozens of nations are seeking reductions or exemptions from President Donald Trump’s historic import taxes. In exchange for doing so, the US is set to ask them to take steps limiting China’s manufacturing might, a bid to ensure Beijing doesn’t find avenues around Trump’s tariffs.

Trump’s top economic advisers are discussing asking representatives from other nations to impose so-called secondary tariffs, essentially a monetary sanction, on imports from certain countries with close China ties, according to a person familiar with the process. The US also wants trading partners to refrain from absorbing excess goods from China, other people said. Other concessions on China may also be put on the table.

Mexican officials are expecting the US to ask their country to increase tariffs on electric vehicle imports from China, according to a person familiar with the government’s thinking. Mexico’s economy ministry declined to comment.


Today's show features:
Caroline Freund, Dean of the School of Global Policy and Strategy at UC San Diego on US/China relations
Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani & Bloomberg Technology co-host Ed Ludlow on latest Nvidia & AMD news
Silvio Tavares, CEO at VantageScore on bank consumer sentiment and retail tariffs affecting credit scores
and we Drive to the Close with David Harden, CIO of Summit Global Investments

Hosts: Carol Massar and Tim Stenovec Producer: Sebastian Escobar

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. 
The Trump administration is preparing to pressure nations to curb trade with China in negotiations over US tariffs, according to people familiar with the matter.
Dozens of nations are seeking reductions or exemptions from President&nbsp;Donald Trump&rsquo;s historic import taxes. In exchange for doing so, the US is set to ask them to take steps limiting China&rsquo;s manufacturing might, a bid to ensure Beijing doesn&rsquo;t find avenues around Trump&rsquo;s tariffs.
Trump&rsquo;s top economic advisers are discussing asking representatives from other nations to impose so-called secondary tariffs, essentially a monetary sanction, on imports from certain countries with close China ties, according to a person familiar with the process. The US also wants trading partners to refrain from absorbing excess goods from China, other people said. Other concessions on China may also be put on the table.
Mexican officials are expecting the US to ask their country to increase tariffs on electric vehicle imports from China, according to a person familiar with the government&rsquo;s thinking. Mexico&rsquo;s economy ministry declined to comment.
 Today's show features:
<ul>
<li>Caroline Freund, Dean of the School of Global Policy and Strategy at UC San Diego on US/China relations</li>
<li>Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani &amp; Bloomberg Technology co-host Ed Ludlow on latest Nvidia &amp; AMD news</li>
<li>Silvio Tavares, CEO at VantageScore on bank consumer sentiment and retail tariffs affecting credit scores</li>
<li>and we Drive to the Close with David Harden, CIO of Summit Global Investments</li>
</ul>
Hosts: Carol Massar and Tim Stenovec Producer: Sebastian Escobar

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.&nbsp; Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

US China Trade War Heats Up; More Chip Woes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6ed421f5-6aef-4cf5-98e9-b2c1015ad387/transcript

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