Stocks Muted; Trump's Tariffs Win Reprieve; US-China Talks Stalled | Bloomberg Brief 5/30/2025

US equity futures hover as President Trump's tariff regime wins a reprieve from a court order which blocked country-specific levies. Treasury Secretary Scott Bessent says trade talks between the US and China have stalled. An obscure item in the "Big Beautiful" tax bill is alarming Wall Street. Wei Li of BlackRock suggests not to predict the next stop of policymaking but rely on immutable laws for certainty instead. Cayla Seder of State Street says the consumer still looks okay in aggregate. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

Chapters:
00:00:01 - Intro
00:01:22 - First Look Movers
00:03:21 - Wei Li, Blackrock Global Chief Investment Strategist
00:10:16 - Trending on the Terminal
00:16:25 - Front Page News
00:22:29 - First Look Movers
00:26:15 - Cayla Seder, State Street Macro Multi-Asset Strategist
00:31:46 - Trending on the Terminal
00:34:02 - Cayla Seder, State Street Macro Multi-Asset Strategist
00:41:36 - What to Watch
00:41:56 - Cayla Seder, State Street Macro Multi-Asset Strategist

Chapters:
00:00:00 - Intro
00:01:22 - First Look Movers
00:03:21 - Wei Li, Blackrock Global Chief Investment Strategist
00:10:16 - Trending on the Terminal
00:16:25 - Front Page News
00:22:29 - First Look Movers
00:26:15 - Cayla Seder, State Street Macro Multi-Asset Strategist
00:31:46 - Trending on the Terminal
00:34:02 - Cayla Seder, State Street Macro Multi-Asset Strategist
00:41:36 - What to Watch
00:41:56 - Cayla Seder, State Street Macro Multi-Asset Strategist
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