President Xi Jinping’s export engine has proved unstoppable during five months of sky-high US tariffs, sending China toward a record $1.2 trillion trade surplus. With access to the US curtailed, Chinese manufacturers have shown they aren’t backing down: Indian purchases hit an all-time high in August and sales to Southeast Asia have exceeded their pandemic-era peak.
Elsewhere, Jimmy Kimmel Live! will return to the air on Tuesday, ending a suspension Walt Disney Co. imposed following controversial remarks the ABC late-night host made about the assassination of Republican activist Charlie Kirk.
“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” ABC’s parent said in a statement.
Today’s guests, Luke Barrs, Goldman Sachs AM Fundamental Equities Chief Business & Client Officer, Josie Anderson, Nomura European Economist
Chapters:
00:00:00 – The Pulse
00:00:47 – Euro-Zone Private Sector Grows at Fastest Pace in 16 Months
00:03:56 – Nvidia, OpenAI Make $100 Billion Deal to Build Data Centers
00:06:30 – Fed’s Miran Makes an Outlier’s Argument for Cutting Rates
00:10:11 – Luke Barrs, Goldman Sachs AM Fundamental Equities Chief Business & Client Officer
00:15:47 – Baltic Leaders Say Russia is Testing NATO Readiness
00:21:22 – France Recognizes Palestine as a State
00:24:39 – French PMI Sinks on Political Turmoil
00:27:41 – Josie Anderson, Nomura European Economist
00:31:22 – Reeves’ Path to £6 Billion Tax Hike Floated by UK Think Tank
00:31:42 – Hong Kong Flights Halted as Typhoon Looms
00:32:21 – China Floods the World With Cheap Exports After Trump’s Tariffs
00:34:20 – US-China talks for ‘Huge’ Aircraft Order
00:36:26 – Disney Says ‘Jimmy Kimmel Live!’ to Return Following Backlash
00:39:12 – Judge Allows Orsted to Resume US Wind Farm Construction
——–
More on Bloomberg Television and Markets
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