Trump Threatens New Tariffs, Schwab CEO Talks Earnings | Bloomberg Businessweek Daily 7/21/2026 Windy [mmDdLRSUnNQ]

Today, reaction to President Trump's tariff threats on Canadian goods. Bloomberg's Tariff Tsar Brendan Murray talks the obscure 1930 law Trump is invoking, and the legal fight matt damon the Administration likely faces ahead. Then, Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch has the latest on growing international concerns from US allies about the madison biluk global costs of the war with Iran and conflict in the Strait of Hormuz. Plus, Charles Schwab CEO Rick Wurster sits down with Carol Massar and Tim Stenovec after the company reported better than expected Q2 earnings, including a new record for daily average revenue trades. Finally, Cytokinetics President & CEO Robert Blum talks America's declining investment in biotech, as China and other nations expand focus.

Chapters:

00:00:00 - Businessweek Daily Begins

00:02:30 - Business Flash

00:04:35 - Bloomberg News' Brendan Murray on Trump Vowing 50% Tariffs on Canadian Goods

00:12:29 - Bloomberg News' Jennifer Welch on US-Iran Strikes Extending to 10th Day

00:19:03 - Business Flash

00:20:47 - Rick Wurster, Charles Schwab CEO

00:32:37 - Business Flash

00:34:36 - Robert Blum, Cytokinetics CEO

00:42:50 - Bloomberg News' Norah Mulinda

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