FOX Business Briefs 6/13
Your electric bill is rising faster than inflation; Tesla raises prices on Model S and X cars in the U.S.; Your new iPhone may be coming from India.
Expect a '10 percent-plus' market selloff to come towards the end of the year: Dan Niles
Niles Investment Management founder Dan Niles on the longer-term market impact of tariffs and trade tensions and his A.I. strategy and outlook bets.
US 'hitting on the right things' in trade talks with China, economist says
First Trust Advisors L.P. chief economist Brian Wesbury on his expectations for a rate cut, inflation and the trade talks between the U.S. and China.
O'Leary rips poor management of California, says Los Angeles is a 'war zone'
O'Leary Ventures Chairman Kevin O'Leary weighs in on President Donald Trump announcing a trade deal with China, the looming deadline for TikTok and the anti-ICE riots in Los Angeles.
US, China reach 'framework' to implement trade deal, Lutnick says
Two days of trade talks between the U.S. and China in London resulted in an agreed-upon "framework" to implement a trade deal reached last month, Lutnick says.
China expert says US has to 'extricate ourselves from any vulnerability' to them
Population Research Institute President Steven Mosher on the U.S.-China trade talks, the importance of protection from vulnerability and Chinese nationals allegedly smuggling in biological material.
Consumers are paying the costs for Trump's tariffs: New York Fed
Federal Reserve Bank of New York finds 75% of businesses facing tariff-induced cost increases are raising prices amid uncertainty about future tariff policies.
Charles Payne on US-China trade talks: 'I don't think it’s a photo op'
FOX Business White House correspondent Edward Lawrence gives the latest as U.S. and Chinese delegations hold trade talks and 'The Big Money Show' hosts weigh in on the relationship between the two nations.
Chang warns over China-Russia partnership: 'We have to worry about what they are doing at this moment'
Gatestone Institute senior fellow Gordon Chang discusses U.S. and Chinese representatives conducting trade talks in London, the impact of the tariffs on their economy and a report that Russian intelligence is suspicious of China.
Republicans don't have the guts to codify DOGE cuts: Rep. Tim Burchett
Rep. Tim Burchett, R-Tenn., discusses the impact of tensions between Elon Musk and President Donald Trump on cutting government spending on 'Making Money.'
Peter Navarro says Elon Musk shouldn't treat the 'big, beautiful bill' like a 'sacrificial lamb'
White House senior counselor for trade and manufacturing Peter Navarro talks the 'big, beautiful bill' and updates on global trade negotiations.
German chancellor hopes US will bring down tariffs, says 'best thing for mutual wealth' is open markets
German Chancellor Friedrich Merz is pushing for a trade agreement between the European Commission and the U.S. that brings down the tariffs that are threatening his community.
Billionaire investment analyst reveals the 'central problem' with national debt
Ken Fisher of Fisher Investments on the market reaction to President Donald Trump's phone call with China's Xi Jinping, concerns over the national debt and whether the 'big, beautiful bill' will pass.
Citi's Stuart Kaiser warns of 'uncharted territory' in the bond market
Citi head of equity trading strategy Stuart Kaiser discusses the CBO's analysis of the Trump tariffs in addition to his outlook for bond yields, economic growth and the May jobs report.
Lara Trump: Trump is trying to 'right the ship' in trade deals
'My View' host Lara Trump weighs in on the deadline for nations to make trade deals and Elon Musk's reported reasons for attacking President Donald Trump's 'big, beautiful bill' on 'The Evening Edit.'
Tariffs are going lower despite Trump's retaliations: David Waddell
Waddell & Associates CEO and chief investment strategist David Waddell discusses the stock market's reaction to President Donald Trump's economic policy on 'Making Money.'
Trump's 'ultimatum' to China might not be a good sign: Jackie DeAngelis
'The Big Money Show' panel discusses President Donald Trump's 'friendly reminder' to U.S. trading partners.
Trump trade clarity could allow markets to take off: Ryan Lynch
UBS financial advisor Ryan Lynch and Strategic Wealth Partners CEO Mark Tepper join 'Mornings with Maria' to discuss the impact of President Donald Trump's tariffs on markets.
Federal judge dismisses California's lawsuit over Trump tariffs, citing jurisdiction issue
A San Francisco judge dismissed California's lawsuit against President Donald Trump's tariffs due to jurisdiction issues, opening a path for them to appeal to the U.S. 9th Circuit Court.
Trump admin seeks countries' best offers ahead of tariff deadline
As Trump's tariff deadline nears, the U.S. is seeking trade proposals from global partners, including the EU and Japan, focused on industrial and agricultural products.