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Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

Trump Vows to Ramp Up India Tariffs; Texas Governor Orders Arrest of Democrats

Bloomberg Daybreak: US Edition

August 5, 202516m 54s

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Show Notes

On today's podcast:    

1) President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over the Asian nation’s purchases of Russian oil, a move New Delhi slammed as unjustified in an escalating fight between the two major economies.

2) Texas Governor Greg Abbott ordered the arrest of Democratic lawmakers who left the state to block a controversial vote on new congressional maps. 

3) Palantir Technologies Inc. reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business.

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