Bloomberg Talks

Nobel Laureate Paul Krugman, a City University of New York professor, says President Donald Trump's tariffs are a sales tax and are slightly contractionary. He speaks on "Bloomberg The Close."See omnystudio.com/listener for privacy information.

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."See omnystudio.com/listener for privacy information.

Middle East Geoeconomics Lead for Bloomberg Economics, Dina Esfandiary, joins "Bloomberg Surveillance Radio" to talk about the US military buildup in the Middle East.See omnystudio.com/listener for privacy information.

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.See omnystudio.com/listener for privacy information.

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 & WhitneySee omnystudio.com/listener for privacy information.