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California Attorney General Rob Bonta reacts to the Supreme Court decision striking down President Donald Trump's tariffs, describing the ruling as expected and affirming. Bonta highlights that the Court's ruling allows for retroactive relief, meaning businesses and importers who paid these tariffs can seek refunds through the Court of International Trade. He speaks on "Bloomberg The Close."
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Middle East Geoeconomics Lead for Bloomberg Economics, Dina Esfandiary, joins "Bloomberg Surveillance Radio" to talk about the US military buildup in the Middle East.
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Chief Economist at Stifel, Lindsey Piegza, joins "Bloomberg Surveillance Radio" to talk about the latest economic data release and the next steps for the Federal Reserve.
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The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.
Voting 6-3, the court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.
The justices didn’t address the extent to which importers are entitled to refunds, leaving it to a lower court to sort out those issues. If fully allowed, refunds could total as much as $170 billion - more than half the total revenue Trump’s tariffs have brought in.
For instant reaction and analysis, Bloomberg Intelligence co-hosts Paul Sweeney and Scarlet Fu, o speak with:
- Bloomberg Washington correspondent Tyler Kendall
- Bloomberg Legal Analyst and host of Bloomberg Law June Grasso
- Henrietta Treyz, Managing Partner and Director of Economic Policy at Veda Partners
- Dave Townsend, Partner with Dorsey & Whitney
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The US Ambassador to the European Union, Andrew Puzder, says the EU adopting rules with a "Made in Europe" preference for key industrial sectors would be a "serious mistake". He spoke to Stephen Carroll and Caroline Hepker on Bloomberg Daybreak Europe.
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Wayfair CFO Kate Gulliver joins "Bloomberg Businessweek Daily" to talk about Wayfair's earnings, future for the company, the customer demand of Wayfair's product, and more.
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Netflix co-CEO Ted Sarandos says the company’s bid to acquire Warner Bros. Discovery offers great value to Warner Bros. shareholders and great long-term value to Netflix. He speaks with Ed Ludlow and Lucas Shaw on Bloomberg Television.
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Booking Holdings, the company behind Priceline and OpenTable, reported a strong quarter and announced a stock split. But shares came under pressure as investors weighed the threat of AI disruption. Chief Executive Officer Glenn Fogel joined Bloomberg Open Interest to explain how he is positioning the company to compete in the AI era and where he still sees momentum in global travel.
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Microsoft President Brad Smith Sits with Bloomberg's Haslinda Amin to discuss AI being used to help advance the Global South and how that could potentially bridge the economic divide.
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Todd Kahn, President and CEO of Fashion Brand Coach, sits with Bloomberg's Romaine Bostick and Katie Greifeld about the company's focus on Gen Z, the power that pricing plays in attracting a new customer base, and more.
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