Latest news with #HenriettaTreyz
Yahoo
03-06-2025
- Business
- Yahoo
US is looking for a reason to lower tariff rates, expert explains
The Trump administration has been pushing for trading partners to present their best trade offers to the US by Wednesday as the end date for the president's pause on Liberation Day tariffs nears. Veda Partners managing partner and director of economic policy Henrietta Treyz joins the Morning Brief team to discuss President Trump's response to criticisms on his tariff policy waffling and share her perspective on where she sees reciprocal tariff rates falling. Catch Yahoo Finance explain how Wall Street has been adopting the "TACO" trade (Trump Always Chickens Out) and hear Eurasia Group's Ian Bremmer outline how CEOs are responding to Trump's tariff threats. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Well, so now you have a president that, that knows about the TACO acronym and now we're all trying to figure out, all right, is that net good or bad for ultimately seeing some of these deals come forward, as clearly he doesn't like the question and he could be fuming at the resolute desk as we speak, or maybe in Mar-a-Lago, wherever he finds himself today. Sure, yeah. I mean, it's super embarrassing, I think for any president to have um, the ranking file or, or the stock market just not take you seriously on things like this and question your um, gumption. But the real issue, I think, is that whether the president cares or not, which is a question, you know, for therapists, not economists, is more like, um, what should we expect to come next? So, I don't really care if he wants to put tariffs on. I'm more concerned about can he. So, will the Supreme Court decide that he does not have the authority under IEEPA to impose tariffs? It's not a question, very interestingly, of whether or not fentanyl poses an emergent economic risk to the United States. It's whether IEEPA actually grants the President the authority to supersede Congress. So we're going to need to have that resolution. And unfortunately, what I'm seeing in tandem here is that we're slowly approaching the ex-state for Liberation Day 2.0 and we don't have any deals. Now, the White House is going to send a series of letters to what I estimate is probably about 125 different nations just informing them of what their new tariff rate is going to be. So when you talk about investors baking in what's happening here, we are going to get information about uh, uh, about 125 countries whose tariff rates range from 10% at the low end to 50% at the high end, and he's just going to blankly set those rates. So, USTR is asking these nations to come to the United States and give them a reason to lower the rates from the 30, 40, 50% thresholds that are otherwise going to go into effect on July 9th. I think they want an excuse. They want a reason to lower them, and that's what they're asking for today. And Henrietta, should we expect when, when information about that letter comes out? Should we expect the numbers to mirror the numbers that we, or, or at least the formula that led to the numbers that were announced on April 2nd with regards to those so-called reciprocal tariffs? Do we have any insight about what will lead to the numbers of, of those so-called reciprocal tariffs this time around? This is, this is, you know, reading tea leaves, and we're all doing our best to try to suss out what the president's ultimate goal can be here. I'm trying to take some guidance from the original China deal where he wanted to bring rates down from 145% to 80% and then ultimately, Scott Beson landed at 30%, 34%. What I'm expecting is for the Liberation Day tariff rate set out in those charts to drop by at least half. So in the, in instance of certain nations, there's a 50% tariff rate in effect. It just so happens that we do almost no trade with those countries. Uh, the one that I'm thinking of has $293 million worth of trade with the United States, and yet they're tariffed at 50%. There's not a rational explanation for that rate because we're not buying goods from them, point blank, and we're never going to. So they need to find an opportunity to get those rates down, the letters, and this request from USTR to get folks in giving them their best offer to the president right now is that excuse. And I think the ultimate impact is going to be that for those 125 nations, we see tariff rates come down by at least half. So if it's 30%, maybe the rate goes down to 15. If it's 50, I'm optimistic it goes even below 25%. But I think some of them are so outlandish as to have to get cut below where they are right now. 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
Yahoo
03-06-2025
- Business
- Yahoo
US is looking for a reason to lower tariff rates, expert explains
The Trump administration has been pushing for trading partners to present their best trade offers to the US by Wednesday as the end date for the president's pause on Liberation Day tariffs nears. Veda Partners managing partner and director of economic policy Henrietta Treyz joins the Morning Brief team to discuss President Trump's response to criticisms on his tariff policy waffling and share her perspective on where she sees reciprocal tariff rates falling. Catch Yahoo Finance explain how Wall Street has been adopting the "TACO" trade (Trump Always Chickens Out) and hear Eurasia Group's Ian Bremmer outline how CEOs are responding to Trump's tariff threats. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
Bloomberg
30-04-2025
- Business
- Bloomberg
Trump Touts His First 100 Days
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests; Veda Partners CO-Founder Henrietta Treyz, Beach Point Capital Management Portfolio Manager Sinjin Bowron, Province of Québec Minister of Finance Eric Girard, and Goldman Sachs Software Sector Analyst Kash Rangan. (Source: Bloomberg)
Bloomberg
10-03-2025
- Business
- Bloomberg
Trump Showing His Hand on Taxes, Tariffs: Henrietta Treyz
Treasuries rallied as President Donald Trump's comments on Sunday that the US economy is facing 'a period of transition' added to concern that an economic slowdown could be just around the corner. Rates strategists are already adapting to this period of elevated volatility globally. With yields surging across Europe on the prospect of higher spending, Citigroup recommended that investors short Treasuries versus bunds. JPMorgan Chase & Co., meanwhile, lowered its interest-rate forecasts on risks to US growth. Veda Partners Director of Economic Policy Henrietta Treyz, discusses the market reaction to the president's string of trade war salvos, and explains why White House aides and Republican lawmakers alike are struggling to keep up with Trump's messaging on tariffs and the looming government shutdown. Henrietta speaks with Tom Keene and Paul Sweeney Bloomberg Radio. (Source: Bloomberg)
Bloomberg
10-03-2025
- Entertainment
- Bloomberg
Single Best Idea: Treyz & DeCloet
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Henrietta Treyz & Derek DeCloet. Watch Tom and Paul LIVE every day on YouTube:
