the chinese fashion giant shein _ arabia. the chinese fashion giant shein has _ arabia.atform. since [eeee eeee�*eeee e7e e7e eeee' eh platform. since being ,— ~ awe—m; — ,,, —— —— 77777th§7 7 77h}; 77 by 10,000 people in putin says it's time for intervision. sports coming your way next. and teeny tiny frogs. kendrick lamar�*s diss track towards drake took record and song of the year. sabrina carpenter won best pop solo insurance and protection. labels, we got you, but do you got us? at a school. officers were called to all saints catholic high school in sheffield, where a second teenager, also 15, has been arrested. former british soldier daniel khalife, who football chief kissing her after their world cup victory. luis rubiales is on charge accused of sexual assault. time now for ten seconds of london zoo's newest residents. you will have to take a hard look millimetres long. more than 30 have been born here. you are all caught up. at have a great manchester city leave it late but they get the deal done on deadline day. and sam kerr on trial, the chelsea and australia

satcha: se aplicarÍan a las compras que tÚ haces en las compras como temu y "shein".sica]♪ reportera: esto despuÉs de que medianoche entrara en vigencia un nuevo impuesto del 10% sobre todos los bienes importados desde china hacia estados unidos. >> [habla en inglÉs] reportera: la orden ejecutiva del presidente donald trump, tambiÉn habrÍa impuesto en deportaciÓn a los paquetes pequeÑos, lo que se diga que las compras en tiendas en lÍnea como "shein" podrÍan ser mÁs caras, estos estaban exentos, lo que habÍa popularizado el uso de estas plataformas entre los estadounidenses, especialmente entre los mÁs jÓvenes. donald trump ha dicho que este es sÓlo el comienzo pero dice que quiere llegar a un acuerdo con china, donald trump tiene previsto hablar con zecchin pin en los prÓximos dÍas, ambos mandatarios podrÍa llegar a un acuerdo similar a la logrados con mÉxico y canadÁ. donald trump no detalla que exactamente busca para alcanzar un acuerdo definitivo con canadÁ y mÉxico. las consecuencias las sentirÍamos todos en los tres paÍses, vuelvo contigo. satcha: nayib bukele o

shein did not respond to the quest for comment.tells fox business that is more diversified than shein but temu admitted its recruited local sellers in the united states since last year end it promotes local warehouse fulfillment when the loophole closes their economists estimate the average family can see cost increase by as much as $136 per year. while closing the loophole could increase costs there are others that say the national interest demanded to protect trade laws and intellectual-property and consumer protection, trade off their. cheryl: it'll be interesting to see how they deal with this particularly the small dollar items. thank you so much. let's get your reaction obviously these are major retailers and americans have gotten addicted to having $50 dresses coming from china, that's going to change. >> how they circumvented the tariffs you take individually packaged items and put them in a container so you don't get tariffs on the value of the containers on the individual items inside the package avoiding the tariff charg

outside of china to other countries that would theoretically enjoy the loophole we reached out to sheinnt and temu tells fox business the supply chain is more diversified than shein and temu admits it is recruited local sellers in the united states since last year and promotes local warehouse fulfillment theoretically in an effort to avoid pain tariffs. if the loophole closes economist at yale university as to make the average working family could see cost rise as much as $136 per year and others say closing the loophole will disproportionately punish small businesses who rely on the frequent over shipment but nevertheless the debate continues advocates for closing this says it gives companies like temu and shein the upper hand it exploits trade laws and intellectual properties but as reported in the early making moves to adjust for the expected loophole so they continue to avoid tariffs to any event. stuart: thank you very much. listen to the trump's national council director kevin hassett had to say about the plan the administrations plan to bring down inflation. >> where does inflati

tiktok, capcut, shein, temu, byd, dji, huawei — you name it, chinese technology is everywhere. from thetidy has this report. the rise of chinese ai chatbot deepseek has taken the world by storm. but it's part of a wider trend. chinese apps are rising up the charts around the world. of motoring, selling more than any other country, a lot of this success comes from china being the world's and solar panels — china's responsible for an estimated 80% to 95% of the global supply chain. renewable energy will be generated in china. in drones, too, china rules the skies. well, it's all part of a long—term plan. made in china 2025. with the leading edge — and in some industries, china even leading. than 250 mini goals. 86% of them have been ticked off. with progress set to get even worse thanks to more sanctions and controls. and japan have also launched counter—plans, too. plenty of patience. the largest gathering of the night—time economy community is taking place this week in birmingham at a crucial for some time in the face of rising operational costs and a decrease in consumer spending. new

nevertheless, shein mount said her government sought dialog rather than confrontation with its northern neighbor. let's take a listen cuando negotiate. >> when we negotiate with other nations, when we talk with other nations, always with our heads held high, never bowing our heads, we are equal with all the nations of the world. mexico is free, independent, and a sovereign country, and that is in the way which we defend mexicans and our homeland. >> but tensions between the closely connected neighbors soared after the white house accused shein vance government of having alliances with drug cartels. sheinbaum angrily rejected the accusation by the trump administration and vowed to retaliate against this sweeping tariff. the mexican government hasn't explained what exactly plan b is, with tariffs taking effect on tuesday, it's still unclear if the coming days there will be a last ditch effort to negotiate a deal with the united states biggest trade partner, fredricka. >> all right, valeria leon, thank you so much. canadian prime minister justin trudeau vows canada's retaliatory tariffs wi

tiktok, capcut, shein, temu — to name a few.lling more than any other country, biggest battery—maker now, too. and solar panels — china's responsible by 2028, it's predicted that 60% of the world's next time you hear that buzzing above your head, so, how has china done all this? factory for low—cost goods, to a global tech leader responsible for its own supply chain of cutting—edge tech. china's even leading. 86% of them have been ticked off. but china hasn't succeeded in all its 2025 goals. with progress set to get even worse thanks to more sanctions and controls. plus, the us government and private firms are throwing hundreds of billions of dollars into staying ahead. 0ther industrialised countries like germany the barcelona footballer alexia putellas will chief luis rubiales, as thejudicial process hermoso continues. football team which won the world cup final in sydney in 2023. the ceiling of one brazil's most important baroque churches has collapsed, killing one person and injuring several others. french prime minister fran

business records which owns shares of shein.i nvment of course is a chinese retailer and human rights groups and u.s. lawmakers including marco rubio have accused sheino using forced labor in operations in china so this is the latest pushback from these democrat senators who do not want trump to get his cabinet in place any time soon. >> obviously it is their attempt at obstruction. look, i don't love the fact that kash patel has this relationship. i'm just going to come right out and say it but at the end of the day everything else in his record, everything else in his resume up to this point has indicated that he's going to get rid of the corruption that is in the fbi and make it a body that protects american citizens. i think there needs to be a decoupling. we talked about this on the show for the better part of four years. but until that is a bigger decoupling from everybody in the nation, you can't beat up kash patel for trying to get paid at one point in his life especially if going forward he makes sure to be tough on chi

reportera: schuster es comprador de shein y temu, prepÁrese, la exenciÓn de compras menores a $800 serÁson metales claves para efectos de la fabricaciÓn de paneles solares, telÉfonos celulares, automÓviles, e incluso para elementos de seguridad nacional. reportera: la mayorÍa de los expertos coinciden en que las medidas arancelarias perjudicarÁn a ambos paÍses. aÚn asÍ, muchos esperan que esto marque el inicio de una negociaciÓn y no todos los cambios se materialicen. ilia: hay mÁs de 200 detenidos en california tras las intensas protestas contra las deportaciones. no a todos los detenidos los estÁn deportando. hablamos con emigrante que fue puesto en libertad con un grillete. fueron recuperados los restos de todas las vÍctimas del choque entre el aviÓn y el choque entre el aviÓn y el helicÓptero en washington dc. alice ama tanto el aroma de gain, que desearía que durara más. dile hola a tu hada madrina alice. y a las perlas gain con aroma duradero. ¡parte de la colección de aromas irresistibles de gain! ♪ nada de blablabla island ♪ esta temporada 4 nuevas sorpresas llegan a la isla. el

and this was a loophole used by chinese e-commerce giants such as shein and temu to build their u.s. customer base and avoid these kinds of levees. but critics were saying it was a way for them to skirt the tariffs and potentially not have their items documented so well. we've also seen moves from the likes of temu saying they have been pointing consumers toward u.s.-based products and those hosted in u.s. warehouses, meaning that they can avoid these kind of tariffs. that's according to cnbc's search of products that were listed as locally produced. but temu did not respond to request for comment on the reasoning for that. >>> still to come, "jurassic world." and it's more than just a grammy winning track. why it could also be lifesaver. febreze has a microchip to control scent release so it smells first-day fresh for 50 days. 50 days!? and its refill reminder light means i'll never miss a day of freshness. ♪ can neuriva support your brain health? mary, janet, hey! eddie, no. can neuriva support frasier, frank.h? frank? —fred, how are you? —fred! support up to 7 brain health indicat

now neither temu nor shein have responded to this change and it's not clear whether it will impact privaters. elsewhere, talks of a merger between nissan and honda could potentially be going cold according to local reports. this was a deal to create the world's third largest auto maker. it appears things aren't going as planned. honda had hoped to make nissan a subsidiary, but that doesn't look like something the other party is happy with. the two boards of the companies will be meeting soon to discuss terminating the deal. >>> turning now to the growing pain at the griddle with egg prices rising and hitting restaurants across the country, including waffle house. kathy park has the widening impact of the bird flu obreak. >> reporter: the average price for a dozen more than $5. that's a 50% spike in just the last year. >> they've gotten really expensive. >> reporter: avian flu infections, also known as bird flu, have led to more than 13 million hens being slaughtered since december and 140 million birds killed since 2022. the move to slow infections disrupting the egg supply in a big way. l

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so rather than presenting today mexico's response to the trump administration, tariffs, president sheinonfirmed that she had a conversation with president trump this morning, what she described as a long call of 45 minutes to talk about immigration issues and the interest that both countries have in reducing fentanyl consumption. both governments reached an agreement to secure the border. mexico has agreed on deploying national guards to the mexico u.s. border, and the mexican president said that she asked trump to cancel tariffs on mexican products, which shein said that trump agreed to. mexico's economy minister marcelo ebrard will be in charge of this negotiation with u.s. government officials. let's put the tariffs on pause forever. that's what mexico's president suggested to trump this morning. but they agreed to pause tariffs for one month. part of the agreement, she explained, has to do with the u.s. government committing to reducing the traffic arms into mexico. >> valeria leon, thanks so much. i want to turn to cnn's kevin liptak, who joins me now from the north lawn at the whi

*”*”"*""*""’*"* on its threat to put the likes of” " ' ' ' on this list, on temu on this list, and sheinanies that uses now, of course, all its goods. now, of course, all this to trump 7 trump jinping in we what 77 77 we what might 77 77 we what might happen as as what might happen as as today, 1ight happen as as today, butt happen as as today, but nowrpen as as today, but no7w donald early as today, but now donald trump is saying who knows when will get around to having we will get a round to having talks. have the —: to really r7atchet z—mzz -2 zmzz pu- its own tariffs and it will put on only a few things. tariffs on only a few things. at some point they have to at some point they will have to slow . ~ at some point they will have to slow ., ,, , ., in the city of orebro on tuesday — the gunman was among the dead. although we haven't been able to verify it. and runs for their life. this resident nearby was filming on her phone alarm. ..students took refuge under their desks. could be escorted away safely. they said, "get out, get out." thing and has been very scared. bringing them in a

claudia shein bomb in does is in this to go them. she says she had a good conversation with president trump. she says mexico agreed to send 10,000 troops to the border. >> and the u.s. agreed to help stop the trafficking of high powered weapons into mexico. but we have to stop fentanyl from coming if the tariffs go into effect, experts say americans could pay more for groceries, computers and clothes. they estimate cards will be $3,000, more expensive and gas prices could climb 30 to $0.70 per gallon. the better path to partner with canada. not to punish us. president trump says negotiations will be led by the secretaries of state, treasury and commerce. >> the stock market was down today but rebounded slightly after news of that agreement with mexico in washington. i'm today some lot back to you. >> i've next in sports. the warriors are looking to get back in the win column face in the orlando magic tonight at chase, erin wilson. well, let us know with team's thinking us know with team's thinking next. i don't ever see anyone coming

jonathan: i mentioned shein.king some of its top chinese suppliers to set up new production lines. sources tell bloomberg efforts have been in the works for several months but the fast fashion company is looking to avoid trump's tariffs on china. this is what you were getting at a few months ago. >> to me, this is the big story. how much are you going to see not trade cut off but a huge shift toward vietnam, malaysia? the trade deficit with the u.s. in those regions has skyrocketed and a lot of it has come from china with people trying to avoid tariffs. people in malaysia are concerned . when is the focus going to turn on them? the trade deficit is getting bigger and at a certain point they will not be able to avoid the president's scrutiny. jonathan: nobody is spared on this front. it is only week four. let's stick with tariffs, president trump saying he will impose tariffs on steel and aluminum. the rationale for use of tears has responded from unfair subsidy or advantage to pursuit of political objectives. the

the parent company of timo, the e-commerce player that has been on such a tear and shein. they will get hit by some of these changes. will they continue with those, the trump administration has gone back on those. so far, the chinese tariffs are in place. you can imagine them negotiating a bit here so unpredictability is the key. caroline: coming up, we will hear from the u.s. treasury secretary on elon musk's doge efforts. that exclusive in a minute. first, we are watching shares of pinterest surging. revenue for the company expected to be $852 million. they managed to push across expectations in the holiday quarter for revenue and profitability. this is bloomberg technology. ♪ at morgan stanley, old school hard work meets bold new thinking. to help you see untapped possibilities and relentlessly work with you to make them real. caroline: u.s. treasury secretary scott bessent says a lot of misinformation is floating around doge and that he personally vented the treasury employees on elon musk's government efficiency team with read access only on payment data. he sat down

it comes after president donald trump ended a provision allowing retailers like shein and temu to shipthe u.s. natalie brand reports on the growing trade war. >> reporter: with the trump administration's tariffs on china in effect, china is punching back, saying it will impose tariffs of its own on u.s. imports. the white house plans to speak to president xi jinping soon. >> the president made it very clear with the 10% tariff on china that he is not going to allow china to continue to source and distribute deadly fentanyl into our country. >> reporter: starting next week, chna says it will impose a 15% tariff on coal and liquefied natural gas products coming from the u.s., as well as a 10% tariff on crude oil, agricultural machinery, and large engine cars. >> this time they have a slightly different strategy of hitting oil markets. >> reporter: phillip luck served as the chief economist at the state department under the biden administration. >> it's going to reduce demand for u.s. goods, and it's going to have a negative effect on the economy. >> reporter: the tit for tat with china c

amazon will not have to aggressively compete to lower prices because temu and shein can take advantagetion, so the playing field is now more leveled by amazon. vonnie: will investors have as high a bar as they have for nvidia in the previous quarters? the business is different but it seems like investors want more from the magnificent seven companies these days. poonam: the valuations are rich for a lot of them, so we are looking to see growth across the board. i think we are in a space and time where tech companies will be investing to move forward. the investments are not going away and investments are still to come. vonnie: we will be looking at those results right after the close. coming up, blew out of to ceo marc lipschultz joins us live to talk about the latest moves his company is making in the private market world. this is bloomberg. ♪ -what've you got there, larry? -time machine. you gonna go back and see how the pyramids were built or something? nope. ellen and i want to go on vacation, so i'm going to go back to last week and buy a winning lottery ticket. -can i come? -only

in china as well as shein because they've been able to send items one package at a time to u.s.eshold for de minimus where they're diluting the tariffs where bigger retailers including amazons will bring in cargo containers by ship and paying a tariff on all the inventory on the containers but the threshold is measured by everyone particular shipment so if you're sending one individual shipment, you're below the $800 but if you have a larger shipment with lots of inventory, you're above the threshold. jackie: you have any sense how much of an impact potential tariffs could actually mean for temu and shen? they've seen a huge run-up the last couple years and could they afford to bear the brunt of this or are they more sensitive to a disruption? spencer: that's the million dollar question. they've all been kind of bracing for this, temu particularly has been sourcing more inventory in the u.s. the downside of the model shipping to consumers direct from china is it takes a long time and they've been trying to source more inventory within the u.s. to be closer to customers like amaz

if there less than $800 the concern that allowed the proliferation of cheap clothing like temu and shein some are applauding the simple because they set up our e-commerce merchandisers on a level footing with the other foreign chinese companies, people are applauding that, back to you. >> lydia hu, i think president trump is going to wait until they blink he wants effective responses on the fentanyl coming through in the illegals coming through and he's not going to blink first. >> i think lydia raises an important issue is much more important to those countries the tariffs in the trade issues than it is to the united states, that also extends to europe and the uk and to china the united states is a huge bargaining advantage something the prior presidents other than donald trump have never taken advantage of i would say one more thing in our favor we are growing out almost 3% real growth in the united states almost nobody else's candidate around 1% a lot of european countries are at stall speed we can take a small hit to growth and not feel much pain into use donald trump's word, consume

about 10% since we started talking about it, etsy is the beneficiary of the exception that temu and shein advantage of. so etsy is up on the news and tremendous company, and billion dollar buy back and covering internationally and growing men's business and gifting business and we want to add to that on this selloff. stuart: etsy, i shall remember that. thomas heys, thanks very much -- thomas hayes, thank you very much indeed. two years sinces train derailment in east palestine, ohio. mike tobin is there. what is vice president vance doing? reporter: he's going to make good on the campaign promise here to take care of the residents. two years since the train went off the rails in east palestine and residents complaining about health issues still. faulty baring blamed -- faulty bearing being blamed for the derailment and a fire explosion of tanker cars that burned for a listening time and most contain hazardous chemical chloride and that burn never needed to happen and norfolk southern agreed to pay the village of east palestine $60 million and a class action settlement for the individual

rule because up until then, china could skirt around tariffs by importing goods under $800, that's shein that put mom and pops out of business. i was looking at a sweat sweater for, like, $8. it is crazy. we're trying to figure out how the postal service can work with the government to figure out, make sure they aren't skirting around that rule. stuart: they've lifted the ban on packages coming in. >> they have for now. stuart: i would have thought that would help the retailers, pdd which owns temu, but nothing significant. chipotle, they're down. why? >> i know. do you think the price hikes are making you slow down on how many burrito bowls you're ordering for lunch, tu? that might be it. -- stu? if they said that december was volatile and january's off to a volatile start. they're highlighting weather. the wildfires in l.a. creating what they're just saying a lot of volatility. but don't worry, the cost of goods, sales only about 2% of these come from mexico. avenue avenue cad to -- avenue avocados, denatos. they said -- tomatoes. only half of their avocados come from mexico, so you ca

griff: president trump should invite shein gillis, the somewhat -- shane gillis, is the somewhat conservativedian -- rachel: i think there's a lot of great art and performance we can do that -- charlie: isn't drag shows? rachel: yeah. charlie: just like what he did when he got all those girls, athletes to come down and surround him the -- he directed that. he's like a -- rachel: he had mel gibson, sylvester stallone and john vote on his -- jon south on his -- charlie: how florida governor ron desantis is having their a state patrol pitch in, that's next. griff: back with a fox news alert, three israeli hostages freed by hamas earlier this morning are now reunited with their families but not before the terrorist organization paraded them on stage in a propaganda ceremony. senior foreign correspondent trey yingst joining us lye in tel aviv -- live in tel aviv with the latest. >> reporter: hey, griff, good morning. three more israeli hostages were released from gaza today as part of the ceasefire agreement. the men are ohad, orr, and elliott. they were released from the central city in gaza. two

duty-free, which would now affect e-commerce sites like shein and temu. >>> fire aid estimates fundraising for los angeles, they will top $100 million as a result of last week's benefit concert. organizers say the one night event headlined by stars including billie eilish and stevie next brought in over 50 million viewers across various streaming platforms and the committee will put the funds towards short-term relief efforts and long-term preventative measures. they also raised quite a bit of cash as well during the grammys, it's great to see the music industry really stepping up. >> right, and people coming out for that. >> thank you. >>> coming up, the man was >>> coming up, the man was passed out when my doctor gave me breztri for my copd... things changed for me. breztri gave me... better breathing, symptom improvement, and reduced flare-ups. breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your

holiday shopping season and increased e-commerce competition with amazon and chinese retailers temu, sheind bytedance tiktok shop. bumble, let's look at that getting ghosted by wall street down 28% after the dating app company issued a weaker-than-expected first quarter outlook and said it lost 57,000 paying customers during the fourth quarter. bumble also said it would discontinue two of its dating apps, fruits and official. in the first half of this year, to focus on the core business. the move comes as bumble looks to revamp the company with the return of its founder whitney wolf as the ceo, that happens next month. she had departed in november of 2023 and since then, shares have fallen more than 57%. garmin soaring to an all-time high heading north up 11.6% the fitness tracker and outdoor navigation device maker near the top of the s&p 500 after posting a strong quarterly top and bottom line beat. they saw 31% year-over-year revenue growth in its outdoor watch segment as demand for fitness and adventure wearables remains strong. the company made famous for its nav systems also raised i

claudia shein bomb in does is in this to go them.he says she had a good conversation with president trump. she says mexico agreed to send 10,000 troops to the border. >> and the u.s. agreed to help stop the trafficking of high powered weapons into mexico. but we have to stop fentanyl from coming if the tariffs go into effect, experts say americans could pay more for groceries, computers and clothes. they estimate cards will be $3,000, more expensive and gas prices could climb 30 to $0.70 per gallon. the better path to partner with canada. not to punish us. president trump says negotiations will be led by the secretaries of state, treasury and commerce. >> the stock market was down today but rebounded slightly after news of that agreement with mexico in washington. i'm today some lot back to you. >> thanks for day. still ahead kron, 4 news at 4 americans served predicted to spend a record amount of money. valentine's day this year. how much they're expected to shell out. plus. >> the state assembly advances 2 bills aimed at taking on

these are those little packages that come directly from china, from companies like shein or temu, somemething yo order off tiktok. president trump has promised for a long time to end that direct access from chinese factories to the american consumer. walmart encouraging many of its behind the scenes workers, office workers and the like to move from wherever they are to sunnyvale. this, according to a memo seen by reporters at bloomberg. walmart has had an administrative hub in a technology lab here in the bay area for many years. in washington, a protest against tesla ceo elon musk's apparent takeover of government departments and government computers. it was musk who encouraged president trump to shut down america's humanitarian aid to the world. usaid. the richest man in the world says the program that digs wells for clean water and fights diseases like ebola and malaria was corrupt. he's also asked for and received access to federal employee records and payroll information. when we open up the senate every single morning, we don't pledge allegiance to the billionaires. we don. we don't ple

dropshippers like timo shein, it isow reversed itself. laura. interesting. all right.nk you very much, scott. let's check in with meteorologist kari hall. once again, we've been talking about a little break in the storm right now. and we really need it. yes, we do need that break, but it's also very cold behind that cold front that dropped in yesterday evening. we are now starting out our morning in the upper 30s and a light wind. it's 37 now in palo alto and san francisco at 43. but then when we take a look at our high temperatures, also lower compared to yesterday wiwith his in the mid to upper 50s, we'll see a high of 57 in san francisco and oakland as well as san jose. back to you. all right. thanks so much. and as we get that break in the rain here, so goes a break with the snow in the sierra. but we've got a really good dumping coming up next on today in the bay. we'll have an update on the snow pack and the advisories to keep in mind if you're heading there. plus a new honor for legendary hall of famer baseball player rickey henderson. we're going to tell you ab

when you think about shein and temu, because obviously, if you take away that loophole, there's justnough manpower to physically check all of these parcels and know whether or not they're under that threshold and whether or not you have to apply tariffs. so. >> so a great man just asked, you know, what happens to the socks i ordered from temu? >> yeah. well, i guess it depends on when you ordered them. but look, i mean, this is this is a big deal when you think about it. because there's two reasons why these platforms have just gotten so popular. right? one, they're fast. two, they're cheap. but this trade war really undermines both of those things because at a minimum, it's going to take time to check these packages, but there's not enough people to do that. plus, you're going to have to apply tariffs. so this is really significant. and john i do think it just kind of shows how the trade war has expanded right. i mean first we're talking about tariffs. then we're taking away loopholes. yesterday google and the owner of calvin klein were caught up in investigations. so this is really

it follows the 10% tariff on chinese imports and threatens the business models of e-commerce giants shein and temu. all right. coming up here on cnn this morning, everyone on the payroll offered a buyout at the cia. what impact might that have on our national security? plus, president trump's shocking announcement, his plan for the future of gaza. >> everybody i've spoken to loves the idea of the united states owning that piece of land, developing and creating thousands of jobs with something that will be magnificent. >> cnn is central today at 7:00 eastern. >> good morning with max good. >> good. good morning. >> hey. >> yeah. >> frank dulcolax chewy fruit bites for fast and gentle constipation relief in as little as 30 minutes, making your good morning even better with dulcolax. >> one a next level clean swish with the whoa of listerine. it kills 99.9% of bad breath germs for five times more cleaning power than brushing and flossing alone. get a next level clean with listerine. feel the. whoa! >> here's to getting better with age. >> here's to beating these two every thursday. >> help f

. >> of shein, have you reached out to the iranians about any. >> kind of deal to start. >> those discussions? >> i mean, i have nothing. i say i'm one that doesn't care whether i reach out or they reach out. a lot of people say, let them reach out, sir. and that to me, it doesn't matter. it's just it's just talk. uh, but, uh, i want to see everybody do. well, i want to see great countries, and i want to see peace in the middle east and elsewhere. we're also working very hard with respect to russia, ukraine. that's a bloodbath. it's a total bloodbath. what's going on there is incredible. what's going on with the soldiers? young, young soldiers being killed by the thousands. i mean, literally by the thousands. and we want to see if we can get that stopped. and i think we've had some very good talks. >> any update on when you would speak to president xi, sir? >> any update on when you would speak to president xi? >> no, we'll speak to him at the appropriate time. i'm in no rush. i'm in no rush do you. >> think that conversation can lend itself. >> to the type. >> of freeze that it meant for the

produce, avocados, things that are shipped directly from chinese manufacturers, from companies like shein and temu. all of these things could have a significant effect on americans pocketbooks, and that's a reality that donald trump himself is acknowledging. listen to what he said. >> we may have short term, some little pain and people understand that. but long term, the united states has been ripped off by virtually every country in the world. we have deficits with almost every country. not every country, but almost. and we're going to change it. it's been unfair. that's why we owed $36 trillion. >> trillion dollars. >> so essentially what trump is saying there is that in order to fulfill his campaign promises on curbing flows of migrants and drugs across the border, he will. another of his campaign promises, perhaps his biggest campaign promise, which was lowering prices on americans, may just have to wait. >> yeah. and for how long? that now becomes a real question. thank you so much, kevin. good to see you, john. >> all right. with us now is the executive director of mish auto at the

it means for anyone that shops on shein or temu, these are these kind of discount e-commerce stores where can buy a pair of pants for like $10 or a power drill for 15 bucks. well, that's avoided the tariffs. but now with this loophole change, tariffs are likely to apply to those as well. so those types of goods may not be as cheap as some americans may have been used to. but again, the ripple effects of this will take some time. it won't necessarily be something you see immediately tomorrow, but over time this could definitely be an issue. >> all right, brian chung, we'll keep an eye out. thank you. well us tariffs with canada might be on hold. but the backlash from our famously friendly neighbors to the north is real. canadian feeds are littered with memes mocking america like this one. what borders on stupidity? mexico and canada. there's also hashtags buyn and boycott usa going viral, encouraging canadians to shun all american products and even not go on vacation in the us. nbc news reports american liquor is being pulled from some canadian store shelves. the animosity even featured on

items like avocados, including things shipped directly from chinese manufacturers, from companies like shein and temu. this could have a real effect on americans pocketbooks, and donald trump is acknowledging just that. listen to what he said u.s. will definitely. >> place tariffs. >> on. we may have short term, some little pain, and people understand that. but long term the united states has been ripped off by virtually every country in the world. we have deficits with almost every country, not every country, but almost. and we're going to change it. it's been unfair. that's why we owed $36 trillion. >> dollars. >> so essentially what trump is saying there is that in order to fulfill his campaign promises on curbing flows of illicit drugs and migrants across the border, these tariffs are necessary. but when it comes to another of his campaign promises, probably his top campaign promise, which was lowering prices for americans, well, that will just have to wait. now, by and large, what we've heard from republicans is support for these tariffs. those who oppose them have mostly remained silen

elliott williams shein harris, thank you both. look, if you were surprised by president trump's proposal to take control of gaza, turns out you weren't alone. far from it, by the way. so how off guard was everyone at the white house? really, it is a proposal. even actually still a proposal. that's next. >> the boeing 747 has crashed in the lockerbie area., trying to find out the why of it became everything. >> nothing is what it seems in the lockerbie story. >> lockerbie. the bombing of pan am flight 103, february 16th on cnn. with fast signs. see the visual possibility in your business with signs and graphics, you can save anything. transforming your space begins at our place. fast signs. make your statement before the spotlight. >> we struggled to keep the lights on. i saw more for myself and sophie gives members the financial tools to see more for themselves. join the official bank of the nba. sophie, get your money right. >> from recent grads. >> to rising stars to living legends. >> you got this. >> thank you. vanguard retire

you probably have been on the website of shein or temu, these very popular chinese e-commerce sites. last year they moved hundreds of billions of dollars of goods around the world. so you could say this is the latest moment in this ongoing trade dispute that we see unfolding between the united states and china. earlier today, i actually had the chance to speak to a chinese official about what's happening, about this trade tension. take a quick listen to part of the. conversation. does china feel the united states will act in good faith moving forward? >> meifang yi. >> the united. >> states has imposed a 10% tariff on chinese goods on the grounds of the fentanyl issue. china is strongly dissatisfied with this and firmly opposes it. the measures china has taken are necessary to safeguard its legitimate rights and interests. >> and just for the record, the chinese government has said it's done what it can with fentanyl. it's been supportive of the u.s., but it's really america's problem. but, pam, the uncertainty that is being felt where you are in washington is also being felt here in

executive order also adds import taxes to small packages, meaning shopping on online stores like temu and shein become more expensive. those retailers were previously exempt by a loophole that allowed shipments of packages worth less than $800 into the u.s. duty free china overnight, announcing a retaliatory 15% tariff on u.s. coal and natural gas products, plus 10% on crude oil and certain machinery. trump is scheduled to speak with chinese president xi today. mexico and canada struck a deal with trump yesterday, just hours before the tariffs went into effect, postponing a 25% tariff by one month. >> did you blink this morning? there was no blinking. no. she's a wonderful woman. but she did agree to 10,000 soldiers on the border. i would say that's a lot. >> mexico's president, claudia sheinbaum, agreed to send 10,000 troops to the border to help tackle illegal immigration and the flow of fentanyl into the u.s, similar to a move her predecessor did in the face of tariffs in 2019. the tariffs are now set to go into effect on march 4th. in limbo, the american food and grocery industry that gets

things directly from chinese manufacturers, from companies like shein and temu. these could really have an effect on americans pocketbooks. and the president says that the tariff regime might not end here. listen to what he said last night when he was asked whether additional tariffs could be coming for the united kingdom and the european union. >> well, we're going to see what happens. it'll happen. but we're going to my we'll see how things work out. it might happen with them, but it will definitely happen with the european union. i can tell you that, because they've really taken advantage of us, and uk is out of line, but i'm sure that one, i think that one can be worked out. but the european union is it's an atrocity. >> now. by and large, trump has enjoyed the support from republicans on that. those who are opposed have mostly remained silent. one of the objections to that is senator rand paul from kentucky. he wrote on social media that tariffs are simply taxes. he said that this could mean less trade and higher prices. now he represents a state that could

retailers including shein have exploited the loophole to quickly expand in the u.s.ckages from china is hard to monitor and may contain illegal ordaining dangerous goods. it's a trade most are calling the most shocking in nba history. the dallas mavericks sent their star forward luka doncic to the lakers for anthony davis. it's the first time in league history that two reigning all-nba players were traded for each other during the middle of the season. that's your bloomberg brief. john? jonathan: thank you. i am told by my producer this is the worst trade in nba history. >> mavericks fans are going nuts. they do not understand why they would do this trade. for them, it makes no sense. maybe we will find out why. jonathan: up next on the program, we will set you up for the day ahead. you are watching "bloomberg surveillance." ♪ jonathan: the opening bell is 40 minutes away. what a start to february. decent gains in january. eurostocks up by 8%. massive rally in european equities. as you look at these moves, down across the board on the s&p, the russell. you look at th

. >> shein dana bash do that. >> you know, there's three lesbians on this panel. >> am i one of them? >> if you drink tap water and your balls still work, please clap. no, michael, we don't fact check it. we don't care, man why is all the information on this show so terrible? >> have i got news for you returns february 15th on cnn and stream next day on max. >> i had the worst dream last night. you were in a car crash, and the kids and i were on our own. >> that's awful. >> and my brother was saying he got life insurance from ethos, and he got $2 million in coverage. all online. >> life insurance made. easy. check your price today at ethos. >> com and here we go. your consumer cellular tower. >> i didn't know. >> they built towers. >> they don't. consumer cellular uses the same towers as big wireless but then passes the savings on to you. >> so i get the same vast nationwide coverage if i switch. >> yep. save your money for something else. speaking of, i ordered us some thai food. thank you. oh, shoot. >> i'll go get. >> it. pretty high up here, isn't it? for unlimited talk and text w

and when you're already buying it from shein for $5, i mean, that's just so not important versus thesere talking about. what are you going to do when shelter prices just won't come down meaningfully? you know, it's a problem for investors. it's a problem for americans. it's a political problem too. and it's not just car insurance. preach what? >> preach, preach. >> the cars themselves are getting more expensive. as we know, the average prices for trucks and suvs is already around 50 grand, and they still dominate the market nearly 80% of total auto sales. but at some point, do people trade down? could these high prices lead to a comeback for the good old fashioned sedan? philip bell thinks so. phil, we have a sedan. sedans are awesome. >> you have no go. phil, i. >> don't know if i have not advocating for. >> the return of the sedan. look, i don't have a fancy coat rack like you guys do. >> and the power. >> lunch lounge, but i. >> do have a couple. >> of charts here. >> that show. >> you just how many americans have said, you know what? i don't want a sedan or i can't afford. i don't

. >> shein dana bash do that. >> you know, there's three lesbians on this panel. >> am i one of them? >> if you drink tap water and your balls still work, please clap. no, michael, we don't fact check it. we don't care, man. >> why is all the information on this show so terrible? >> have i got news for you returns february 15th on cnn and stream next day on max. >> psoriasis. all over. i couldn't get my hair done then. >> psoriatic arthritis. cosentyx works on both. for me. >> scalp psoriasis could mean a four times higher risk for psoriatic arthritis. don't use if you're allergic to cosentyx before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur like tuberculosis or other serious bacterial, fungal, or viral infections. some were fatal. tell your doctor if you have an infection or symptoms like fevers, sweats, chills, muscle aches or cough. had a vaccine or plan to or if inflammatory bowel disease symptoms develop or worsen serious allergic reactions and severe eczema like skin reactions may occur. >> see me. >> find

shein know, i would do coach prime and big freedia. you already know. okay. >> all right. >> that's funny. >> um, well, i am watching the super bowl with lawrence taylor, who's always fun to be with. um, but apparently i wasn't allowed to announce him because he's my friend, so i really wanted to hang out with someone. i want to have. >> fun i want to have. >> well, that's who i would really be with, but i would be with president clinton, who i think is just a great guy, and he's a lot of fun to hang out with. and charles barkley, who's absolutely hysterical and he's the life of the party. and i think the two of them would get along great. and i just sit back. >> and that would be a very interesting group. >> i do not care about football and i don't understand it, but i like knowing what people are talking about. so i'd bring stephen a smith to explain enough of the game that i could like, go to work the next day and know the highlights, and then i'd bring andy cohen to talk about my actual sport, real housewives, and that would be my evening. >> ding d

so all the youngsters who voted for donald trump, who like their temu and shein deliveries, those are all still coming. it doesn't sound like tariff is still his favorite word. >> well, now he raised the specter of tariffs on japan and reciprocal tariffs on any nation with which we do business. but that was a vague statement that he made today. it's one of the things that spooked the stock market. one of the reasons it went down, only one of the reasons went down today. but but still, it's just being used as a cudgel. i mean, you know, from one day to the next, it could be any particular target. and there's no rhyme or reason to this process. it's not it's not a trade negotiation tactic. i don't think he has gotten anything out of mexico, mexico or canada that hasn't already been in place. so i really don't know what it's about. it's very difficult to find, if you'll pardon the expression, the intellectual underpinnings of looking at trade through this. >> it's about power. it's about power. i mean, tariffs are an economic weapon. he wants to use that economic weapon the same way he w

now, this could impact shipments from the e-commerce giant shein and temu, which millions of americans buy from. >> ryan, thank you. >>> now to that breaking news in ohio overnight. a deadly mass shooting at a warehouse in new albany. that's just outside of columbus. it sparked a massive manhunt for the suspected gunman. we are joined from the scene this morning. will, good morning. >> reporter: savannah, good morning. what we know right now, one person has died. five others transported to local hospitals. a firearm was recovered at the scene. but as you mention right now, the suspect remains at large. overnight, a frightening scene at a warehouse in ohio after police say a gunman opened fire in a targeted attack. >> it sounds like it could be an active shooter situation. >> reporter: leaving one person dead and injuring five others in new albany, a suburb of columbus. >> there are still some individuals barricaded in the bathrooms. >> reporter: the suspect still at large. and say they're working to apprehend him. >> we believe we may know their location. we don't have any reason to be

chinese goods that americans use, from groceries to computers and video games to popular brands like shein temu. china quickly hitting back over night saying it's worked on controlling fentanyl and china imposing its own tariffs on u.s. coal and natural gas, vehicles and farm equipment. beijing targeting major american companies, opening an investigation into google, restricting the company that owns fashion brands like calvin klein and tommy hilfiger and adding controls materials the tech industry depends on. trump saying he'll continue the negotiation. >> that was just an opening salvo. >> reporter: while yesterday pulling back from the brink of tariffs with canada and mexico. canada's prime minister justin trudeau announcing proposed tariffs will be paused for at least 30 days while we work together and moving ahead with a plan to beef up security on the northern border. tariffs against mexico also on hold after mexican president claudia scheinbaum agreed to deploy 10,000 troops to the u.s. border to address drug trafficking and migration. wrrnlts we're going to have a big negotiation w

>> rebecca: especially if you shop on websites like temu, shein where they ship directly from china toour home. those can especially be impacted quickly because of the new tariffs getting rid of this loophole. it's called the diminimous exemption. it's where a chinese retailer used to be able to ship $800 in goods to a customer's home duty free. the u.s. processed 1.3 billion of these packages last year. the trump administration is saying they don't want that any more, in part because some of these packages might be coming in with fentanyl. this means more oversight. the other issue is that it under cuts u.s. businesses, like amazon, wal-mart, target, who don't necessarily have the ability to take advantage of that. so consumers could see that. >> george: does that mean if someone brought something $400 on temu today, they'd pay $40 extra? >> rebecca: it could mean that once implemented. we still don't know because we haven't seen it in motion yet. but, yes, that would likely be the case. >> george: okay. thank you very much. we're going to turn now to the trump administration moves to

will we see companies like shein and temu. >> pull back. >> from advertising in your platform.think these tariffs and the threat of. >> tariffs could have. >> well, you know i can't predict you know what happens with those any better than anybody else can. but what i can say is that, you know, we've really made pinterest a fantastic shopping destination. i think one of the things that, you know, the pandemic taught us was that even if there are major disruptions in supply chains and things like that, people are still going to shop. they'll find substitute products, they'll find other places. and pinterest is exactly the kind of place you go to do that. so i can't predict what will happen with, you know, tariffs in one place or another. but what i can say is that pinterest is going to be a fantastic shopping destination, and users will find their way to go get products from, you know, whatever makes sense for them. and we're going to be a great place for them to do that. >> well, certainly a. >> lot of people watching. >> to see what the tariff impact will be if there is one. >>

i find that interesting because they've been dealing with the likes of shein and temu and i wonder ifueeze those e-commerce companies more because of trump's possession onto minimus, those are the ones were going to have one of the biggest issues with the new tariff policy. jonathan: putting it all together there are some mixed results across the big names. lisa: it has been remarkably soft in terms of the take away. one thing i thought was interesting about amazon, they missed the currency drag and we talked about the idea of the strong dollar impeding their abilities to meet expectations. they would have had the top end of the guidance if they had not taken a $700 million hit because of the strong dollar. you will hear this more from companies as they navigate the international space. jonathan: the japan story has changed a lot the last month, too. lisa: these are little tweaks in the global picture that connected good difference at a time when companies are losing patience. jonathan: some of the biggest volatility the last few weeks in foreign-exchange, particularly monday. a judge