Brendan Murray

London

Trade tsar, @business. StL Cards fan now in Arsenal country. RT not endorsements, opinions mine. Bloomberg's Supply Lines newsletter signup: https://t.co/DgTZqT9nVH

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Articles

Vietnam-to-US Shipping Rates Are About to Take Off

1 week ago | bloomberg.com | Brendan Murray

This article is for subscribers only. For exporters in Southeast Asia and especially those in Vietnam, peak shipping season is arriving a few months early amid a surge in demand that’s expected to push freight rates higher. The catalyst is a 90-day pause in US President Donald Trump’s peak tariff rates, which were proposed in a range of 10%-50% earlier this month.
Trump to Join Japan Talks Today on Tariffs, Military Support (1)

1 week ago | news.bloombergtax.com | Brendan Murray

US President Donald Trump said he’ll attend a meeting Wednesday with Japan to negotiate tariffs, American military support and “trade fairness.”“Hopefully something can be worked out which is good (GREAT!) for Japan and the USA!” Trump wrote in a post on Truth Social. The Treasury and Commerce departments are leading the discussions in Washington. Treasury Secretary Scott Bessent has said Japan is likely to be prioritized because it stepped forward quickly.
Trump to Join Japan Talks Today on Tariffs, Military Support

1 week ago | bloomberg.com | Brendan Murray

Donald Trump(Bloomberg) -- US President Donald Trump said he’ll attend a meeting Wednesday with Japan to negotiate tariffs, American military support and “trade fairness.”“Hopefully something can be worked out which is good (GREAT!) for Japan and the USA!” Trump wrote in a post on Truth Social. The Treasury and Commerce departments are leading the discussions in Washington. Treasury Secretary Scott Bessent has said Japan is likely to be prioritized because it stepped forward quickly.
Transpacific Trade War Ensnares US Industrial Icon: Supply Lines

1 week ago | news.bloombergtax.com | Brendan Murray

The US-China trade war is ensnaring one of America’s global industrial icons. China has ordered its airlines not to take any further deliveries of Boeing jets, Bloomberg News reports from Beijing today. The Chinese government has also asked that domestic carriers halt any purchases of aircraft-related equipment and parts from US companies. Shares of the planemaker slid as much as 4.6% in premarket trading.
Transpacific Trade War Ensnares a US Industrial Icon

1 week ago | bloomberg.com | Brendan Murray

The US-China trade war is ensnaring one of America’s global industrial icons. China has ordered its airlines not to take any further deliveries of Boeing jets, Bloomberg News reports from Beijing today. The Chinese government has also asked that domestic carriers halt any purchases of aircraft-related equipment and parts from US companies.
Trump’s Whipsaw Tariffs Prolong the Drag on Global Trade

2 weeks ago | bloomberg.com | Brendan Murray

This article is for subscribers only. President Donald Trump’s reversal of higher tariffs for many key trading partners Wednesday eased a sense of dread in financial markets but did little to address the cluelessness hanging over businesses wondering what abrupt change will come next.
Whipsaw Trump Tariffs Prolong Drag on Global Trade: Supply Lines

2 weeks ago | news.bloombergtax.com | Brendan Murray

President Donald Trump’s reversal of higher tariffs for many key trading partners Wednesday eased a sense of dread in financial markets but did little to address the cluelessness hanging over businesses wondering what abrupt change will come next. “Whipsaw movements in country tariff rates will do nothing to reduce already record levels of trade-policy uncertainty,” Bloomberg Economics economists Rana Sajedi, Maeva Cousin and Tom Orlik wrote in an analysis after the pause was announced.
Live Q&A: Markets React as Trump's Tariffs Take Effect

2 weeks ago | bloomberg.com | Brendan Murray |Tom Keene |Enda Curran |Jess Menton

After the rollout of US President Donald Trump’s so-called reciprocal tariffs, what’s the impact on global markets and economies? Join Bloomberg’s Tom Keene, Brendan Murray, Jess Menton and Enda Curran report on the latest market moves in a Live Q&A on April 9 at 11 a.m. EDT. Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team live questions. This conversation will be recorded and be made available to listen and share.
Japan Scores Top Spot in Line for US Tariff Talks: Supply Lines

2 weeks ago | news.bloombergtax.com | Brendan Murray

Donald Trump the businessman came of age as a protectionist back in the 1980s, when Japan was the biggest threat to domestic manufacturers. Four decades later, Trump the president is showing Japan some courtesy in his trade wars now that China is the top competitor. Asia’s No. 2 economy looks set to get priority in tariff talks, moving to the front of a long line of countries seeking to roll back so-called reciprocal US border taxes, which are scheduled to kick in on Wednesday.
Supply Chain Latest: Japan Talks With US on Tariffs

2 weeks ago | bloomberg.com | Brendan Murray

This article is for subscribers only. Donald Trump the businessman came of age as a protectionist back in the 1980s, when Japan was the biggest threat to domestic manufacturers. Four decades later, Trump the president is showing Japan some courtesy in his trade wars now that China is the top competitor.