Trump Weighs Tehran Proposal; Kimmel Defends Comments about First Lady

Bloomberg Audio Studios, Podcasts, Radio News.
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today.
Karen, we begin with the latest on efforts to resolve
the war with Iran. President Trump has gotten his national
security team together to discuss the latest proposal.
From Tehran for an interim deal.
Here's White House Press Secretary Caroline Levitt the proposal.
Was being discussed.
I don't want to get ahead of the President or
his national security team.
What I will reiterate is that the President's read lines
with respect to Iran have been made very very clear.
Press Secretary Caroline Levitt spoke at a White House news
conference heard live on Bloomberg Radio. Bloomberg's Jumana Borsecci has
more on what Iran is proposing.
That involves a mutual lifting of the blockades that are
around the Strait of Hormas right now, So not just
Iran lifting their bookade, but the US as well lifting THEIRS.
In turn.
Iran also asking for reparations and guarantees that the US
are not going to strike again. But crucially here a
deferral of negotiations around the nuclear file.
Sloomberg Middle East corresponded Jumana Borsecchi in Dubai. Secretary of
State Marco Rubio told Fox News that Iran's offer is
better than what the White House thought they'd submit, but
the White House says Tehran still cannot be allowed to
build a nuclear weapon.
Well Nathan criticism of the US from a world leader.
Germany's Friedrich Mertz says the US had been humiliated by Iran.
Yeah, kennim omni figure.
At the moment, I can't tell what strategic exit the
Americans are pursuing, especially since the Iranians are obviously negotiating
very skillfully, or perhaps very skillfully refusing to negotiate and
then letting the Americans travel to Islamabad only to send
them back without any results. An entire nation is being
humiliated by the Iranian leadership, especially by the so called
Revolutionary Guards.
Germany's Friedrich Mertz, speaking through an interpreter. Europe's leaders are
increasingly criticizing President Trump, who has suggested he might leave
the NATO alliance.
With Karen Uk and US relations have also been strained.
That is the backdrop as King Charles the Third continues
his state visit to Washington. Let's get the very latest
from Bloomberg's Tiwa auto bio in London.
Good morning, Tiwa, Good morning, Nathan and Karen King.
Charles the Third is set to embrace some of Washington's
most formal ceremonial trappings today as he tries to emphasize
the bond between the United Kingdom and the United States.
It's the monarch's first visit to the country since ascending
to the throne, and it takes place amidst fraught relations
between the two countries due to disagreements over the war
in Iran. He'll be accompanied by Queen Camilla and will
become the first British sovereign to address the US Congress
since his mother, Queen Elizabeth in nineteen ninety one. But
not everything that will be plain sailing during this four
day visit. Charles has faced some calls to meet with
victims of Jeffrey Epstein whilst he's in the US. There's
no indication that he will do so, and that's even
as the scoundal involving the convicted sense offender has ensnared
his brother Andrew, who was arrested in February over misconduct
allegations which he does deny. In London, Team Adabaya, Bloomberg Radio, all.
Right, Tiva, thank you. The suspect in the shooting at
the White House, correspondent to dinner over the weekend, is
being charged with trying to kill President Trump and Bloomberg.
John Tucker joins us with the very latest, John, Good Morning.
Good Morning Karen. A criminal complaint says suspect Cole Allen
vowed in a lengthy letter to go after administration officials
quote targets prioritized from highest ranking to lowest. The acting
Attorney General Tom blanche laid out the most serious charge.
The first count is a tempted assassination of the President
of the United States.
This count is punishable by up to life in prison.
The sunspect's letter doesn't actually name President Trump at any
point directly, but he does express a list of grievances
about the administration's policies. The suspect appeared in court flanked
by two public defenders. According prosecutors, Allan spent years acquiring
an arsenal. What arrested, he had a shotgun, a pistol,
and three knives. His attorney said he has no prior
rests or convictions John Tucker Bloomberg Radio.
Okay, John, Thanks.
The shooting at the dinners sparked a renewed push for
President Trump's White House ballroom, and now some key Republican
Senators are pushing to pay for the project with taxpayer funds.
They include Senate Budget Committee Chairman Lindsey Graham.
The times in which we live are unusual.
I've been up here for for a while now, I've
never felt the sense of threat that exists today.
Senator Lindsay Graham's bill would authorize four hundred million dollars
to pay for the ballroom, with revenue from customs fees
as well as private donations. Housman Arti leader Jakim jeffries
Is called the ballroom a vanity project and says Congress
should focus on the cost of living, the Iran War,
and President Trump's immigration crackdown.
Nathan, there is controversy once again involving Late night host
Jimmy Kimmel and the First family. Both President Trump and
First Lady Malania Trump are calling on ABC to fire
Kimmel for a joke he made a few nights before
the White House Correspondents Dinner. The comic described the First
Lady as having quote the glow of an expectant widow.
Kimmel says the barb was in reference to the age
difference between the President and the First Lady.
Obviously was a joke about their age difference and the
look of joy we see on her face every time
they're together. It was a very light, roast joke about
the fact that he's almost eighty and she's younger than
I am.
It was not, by any.
Stretch of the definition, a call to assassination.
And Kimme previously found himself in hot water for controversial
comments he made after the assassination of conservative political activists
Charlie Kirk in September. The earnings and focus in Europe,
and we go to London and get the very latest
of Bloomberg's You.
In Pots You and Good Morning Karena Nathan. A bump
a day for European earnings. Unfortunately not a bump of
quarter though for traders at Barclay's Fixed Think and revenues
were broadly flat at the British bank compared to a
year ago, with equities revenues up sixteen percent, returns falling
short of US rivals. After their strong quarter when it
comes to oil trading. Though, there was better news for
London based BP shares Hire today after spiraling energy prices
drove a surge in profits from trading and refining, beating
analyst forecasts in London. I'm you and pot Splomberg Radio.
All right you and thank you.
There are some disappointing numbers apparently out of open Ai.
The Wall Street journals reporting the chat gpt maker recently
failed to meet its own goals for new user acquisition
and sales, while rival Anthropic gained ground in the coding
and enterprise markets. The results are said to be fueling
internal concerns that open Ai may struggle to support its
astronomical spending on AI infrastructure. Shares of SoftBank, which committed
more than sixty four billion dollars to open Ai, fell
almost ten percent in Tokyo Trading and.
Nathan speaking of open Ai, nine jurors in the San
Francisco Bay area have been seated in the EI industry's
closely watched trial between Elon Musk and open Ai chief
Sam Oltman. The trial centers on the twenty fifteen birth
of chat gpt maker. Open Ai is a nonprofit startup
primarily funded by Musk before evolving.
Into a capitalistic venture.
The lawsuit accuses Alltment of double crossing Musk by straying
from the company's founding mission to be an altruistic steward
of a revolutionary technology and instead shifting into a money
making mode behind his back. Time now for look at
some of the other stories making news in New York
and around the world. And from that we're joined by
Bloomberg's Michael Barr. Michael, Good morning, Good.
Morning, Karen. The congressional deadlock over funding the Department of
Homeland Security is now back in focus after Saturday shooting
at the whine House Correspondent's dinner. Senate Majority Leader John
Thune blamed Democrat chest today for refusing to negotiate on
an appropriations bill.
Saturday Knights Advance were a grim reminder of the need
for law enforcement, and incredibly, some of the law enforcement
officers who responded are working for department that is currently
completely unfunded.
But Senate Minority Leader Chuck Schumer defended his party, turning
it on Thune's colleagues in the House.
At this very moment, funding for Secret Service and so
many other agencies is sitting idly in the House of Representatives,
not waiting for Democrats. We don't run the House waiting
for Republicans.
Democrats have called for reforms following the deadly shootings of
two people in Minnesota. Jessica Man is testifying against Harvey
Weinstein for a third time. Recounting her allegation of a
twenty thirteen rape in a Manhattan hotel. Man described the
early stages of a relationship with Weinstein, which she said
started with professional advice and turned sexual and ultimately descended
into rape. Weinstein denies sexually assaulting anyone. New York mayors
Aroon Memdani kicked around the idea of free FIFA events
for the city when the World Cup is in town.
Some of the soccer events at MetLife Stadium in New
Jersey surrounding the globals sport are cost prohibitive, so Mamdani
got state leaders and the FIFA organization to host free
fan events, one in each borough.
These events were not initially set to be free, but
the world's game should belong to the world, and so
we've made the decision together for fans to be able
to watch that together without having to spend a dollar.
Governor Hochel said she's working on one day permits to
allow bars and restaurants to host outdoor events, even allowing
them to extend their hours to four AM. Global News
twenty four hours a day and whenever you want it
with Bloomberg News Now Michael Barr and this is Bloomberg
Karen Well, Thanks Michael.
All time now for our Bloomberg Sports Update, and for
that can bring in John Stash.
Hours, Thanks Jared. First team to move in to the
second round of the NBA Playoffs last year's champions, the
Oklahoma City Thunder. They complete the first round sweep of
the Suns with a win in Phoenix, Denver State Alive
beating Minnesota and leads three games to two in a
surprise eight seed of Orlando again beat Detroit. The Magic
have a three to one lead on the top seeded Pistons.
Stanley cuple off the Penguin State Alive beating Philadelphia Flyers
Steely in three games to two. Vegas an overtime win
at Utah that series tied at too Bloomberg Sports Update.
Stay with us.
More from Bloomberg Daybreak coming up after.
This Coast to Coast on Bloomberg Radio nationwide on Sirius
XM and around the world on Bloomberg dot Com and
the Bloomberg Business app.
This is Bloomberg Daybreak. Good morning. I'm Nathan Hager.
With the US Israeli war with Iran at the two
month mark today and with negotiations and the Strait of
Horror moves at a near standstill, the White House says
President Trump is reviewing Iran's latest proposal for an interim
deal to reopen the strait and leave nuclear negotiations for later.
Joining US now is Terry Haynes, the founder of Pangaea Policy. Terry,
from what we understand about this proposal, is this going
anywhere in this White House?
Good morning, Good.
Morning, Nathan. Couple of things. One is based on what
we know about it in public. I'd say the Iran
proposal is unserious on its face, it's not designed to
give the United States anything to work with, and as
yet another signal that the higher GC hardliners don't want
to deal on any terms but their own. But also
I think betrays weakness. But you know, the Trump will
try to come back with a counter. Firstly, Secondly, I
would look for indications of continued United States military readiness
and maybe a preparation to resume hostilities. And finally, and
this is my own instinct to be clear, there's a
possibility that they may be talking to China about maybe
driving a wedge here. Chijim Hang says he wants the
straight open while they can help.
We've seen from China, though, at least from the President's side,
that they received a gift, as the President put it,
or they that the US intercepted against from China, possibly
for Iran.
Where is China amidst all this?
China likes to play both sides and it's doing it.
You know, it continues. Irana is basically a client state
of China, and China continues to support it. China is
just you know, just very similar to Russia. Basically sucks
all the energy and oil out of out of Iran
in order to continue to feed and feed itself and
feed its industries. And you know, so they are, they
are very much beholden to China. And at the same time,
China indicates it with much fanfare last week to the
Saudi Crown Prince, which is not incidental that it wants
to straight open. So, you know, we've got a situation
where the Iranian situation again continues to cross over with
the Trump China summit, and I look for an opportunity
there to where Trump may want to make something out
of it.
Just thirty seconds left, Terry, have we heard the German
Chancellor say that the US has been humiliated in negotiations
with Ron and now with King Charles in the US.
Where do you see the Transatlantic alliance right now?
The Transatlantic Alliance is in a situation where Trump is
very unhappy with the Europeans for a variety of reasons,
including not supporting the American war effort. At the same time,
Europe continues to not only not want to try to
solve its own problems economic or military, but they always
find it convenient to blame the United States rather than
the point the finger of themselves.
This is Bloomberg Daybreak, your morning podcast and the stories
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Ray