Billionaire Perot Sees ‘Big Concern' as Trump Tariffs Fuel Worry
The uncertainty is prompting Perot to weigh putting a 'tariff line' in contracts for the industrial buildings he develops around the US. In other words, he would offer one price without tariffs and a higher one if Trump follows through on plans to slap trade duties on key goods such as steel and aluminum.
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Business Insider
12 minutes ago
- Business Insider
Trump says working on meeting between Putin and Zelensky
President Donald Trump stated in a post to Truth Social: 'I had a very good meeting with distinguished guests, President Volodymyr Zelenskyy, of Ukraine, President Emmanuel Macron, of France, President Alexander Stubb, of Finland, Prime Minister Giorgia Meloni, of Italy, Prime Minister Keir Starmer, of the United Kingdom, Chancellor of the Federal Republic of Germany, Friedrich Merz, President of the European Commission, Ursula von der Leyen, and Secretary General of NATO, Mark Rutte, in the White House, which ended in a further meeting in the Oval Office. During the meeting we discussed Security Guarantees for Ukraine, which Guarantees would be provided by the various European Countries, with a coordination with the United States of America. Everyone is very happy about the possibility of PEACE for Russia/Ukraine. At the conclusion of the meetings, I called President Putin, and began the arrangements for a meeting, at a location to be determined, between President Putin and President Zelenskyy. After that meeting takes place, we will have a Trilat, which would be the two Presidents, plus myself. Again, this was a very good, early step for a War that has been going on for almost four years. Vice President JD Vance, Secretary of State Marco Rubio, and Special Envoy Steve Witkoff, are coordinating with Russia and Ukraine.' Elevate Your Investing Strategy:
Yahoo
29 minutes ago
- Yahoo
Morning Bid: Suits and smiles define new Ukraine talks
A look at the day ahead in European and global markets from Rocky Swift Volodymyr Zelenskiy dressed for success in his latest meeting with U.S. President Donald Trump at the White House. Trump complimented Zelenskiy on his black suit in a briefing punctuated with smiles and laughter. It was a much different scene than their chilly meeting in February, when the Ukrainian president's military-style attire in the Oval Office drew ire. Zelenskiy declared it "the best of our meetings," and Trump said the United States would help guarantee Ukraine's security in any deal to end Russia's hostility there. Whether it was the suit or just growing desperation to end a war that has cast a shadow over the region for more than three years, enthusiasm was contagious. NATO Secretary General Mark Rutte said Trump's meeting with Zelenskiy and other European and NATO partners was very successful. German Chancellor Friedrich Merz said his expectations for the gathering were "exceeded." Even Russia joined in, with special envoy for investment and economic cooperation Kirill Dmitriev calling Monday an "important day of diplomacy." On a largely directionless day in Asian markets, European equity futures traded higher. Pan-region Euro Stoxx 50 futures, German DAX futures, and FTSE contracts were all up about 0.2%. While traders keep one eye on geopolitical developments, the other will be focused on the Federal Reserve's August 21-23 Jackson Hole symposium. Chair Jerome Powell is due to speak on the economic outlook and the central bank's policy framework at the annual gathering. Money markets reflect an 83.6% chance of a quarter-point rate cut at the Fed's meeting on September 17, according to CME FedWatch. Fed Governor Michelle Bowman, one of two dissenting voices favouring a rate cut at last month's meeting, is due to speak today. Key developments that could influence markets on Tuesday: - Home Depot Q2 results - U.S. housing starts, building permits for July - Canada consumer price index for July - Debt sales: German 5-year notes, British 10-year gilts - Fed Vice Chair Michelle Bowman to speak at the Wyoming Blockchain Symposium 2025 - 1810 GMT. - Riksbank monetary policy meeting Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Newsweek
31 minutes ago
- Newsweek
Gavin Newsom Surges in 2028 Presidential Primary Poll
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Support for California Governor Gavin Newsom as a possible Democratic presidential candidate in 2028 has surged over the past four months, a new poll shows. Newsweek tried to contact Newsom via email for comment after normal business hours. Why It Matters The poll indicates support for the more aggressive position Newsom has taken in standing up to President Donald Trump, particularly over a plan by Republicans in Texas to redraw their state's congressional seat map in the hopes of winning more seats in midterm elections next year. The battle to become the 2028 presidential election candidate will likely set the new direction for the Democratic Party as it struggles with net favorability at what one recent poll showed to be a three-year low. Newsom has not formally announced his candidacy. What To Know The new poll, conducted by Echelon Insights, has Newsom in second place among potential Democratic candidates with 13 percent support, behind former Vice President Kamala Harris with 26 percent. The survey was taken from August 14 to August 18 with a 3.6 percent margin of error among 1,057 registered voters. A poll published by Echelon Insights in April had Newsom only in sixth place with 4 percent, behind former Transportation Secretary Pete Buttigieg and Representative Alexandria Ocasio-Cortez, a New York Democrat, both on 7 percent. Harris was again in first place with 28 percent. In the new poll, Buttigieg was in third place with 11 percent and Ocasio-Cortez in fourth place with 6 percent. The California governor has been punching back at Trump over the past few weeks, particularly in the war of words over redistricting. Meanwhile, his press office has turned its social media feed into a stream of all-caps posts, pop culture parodies and AI-edited meme content, aimed squarely at mocking Trump in style while countering Republican initiatives. California Governor Gavin Newsom holds a news conference at Downey Memorial Christian Church in Downey, California, on July 16, 2025. California Governor Gavin Newsom holds a news conference at Downey Memorial Christian Church in Downey, California, on July 16, 2025. Patrick T. Fallon / AFP/Getty Images Meena Bose, the executive dean of Hofstra University's Peter S. Kalikow School of Government, Public Policy and International Affairs, told Newsweek last month that polls this far out from a primary were "informative but not necessarily instructive," largely indicating name recognition or reflecting a stated interest in running in 2028. Newsom and Buttigieg both have public visibility but a more solid idea of who is running – and who is leading – will develop after the midterms and change after debates and early contests, Bose said, adding that whether Ocasio-Cortez is a viable candidate will be seen after the midterms. There is also a big question over whether Harris will stand after her loss to Trump last year. In her first interview since she left office on January 20, she told Stephen Colbert that she would not run for California governor in 2026, but denied it was so that she could run for a "different office" — the implication being another run for the presidency. Newsom has already been on the ascent since February in early 2028 polling in the aftermath of the deadly Los Angeles County fires. Online betting website Polymarket said this week that his chances of beating Ocasio-Cortez to win the Democratic presidential nomination in 2028 are increasing. The site showed Newsom on 21 percent and leading Ocasio Cortez by 7 percentage points in a hypothetical matchup that also includes other high-profile Democrats. This is 3 percentage points more than earlier this month, when Newsom was 4 percentage points ahead of Ocasio-Cortez. Polymarket showed Harris on only 5 percent. Ocasio-Cortez has also not formally announced her candidacy for the 2028 race. What People Are Saying Strategist Mike Madrid, a political consultant and co-founder of the Lincoln Project, an anti-Trump political action committee, previously told Newsweek about Newsom: "People thought his career was over. Now, he's in the top three in every poll." "Democrats are looking for a fighter. It's not about ideology anymore. You can be centrist or progressive — what matters is that you stand up and hit back. The more aggressive Newsom gets, the more support he builds." Trump told reporters in June: "He's done a terrible job. I like Gavin Newsom. He's a nice guy but he's grossly incompetent, everybody knows." What Happens Next Typically, most candidates do not begin announcing presidential runs until after the midterm elections.
