Trumponomics

Nouriel Roubini, a senior advisor at Hudson Bay Capital and NYU economics professor, dives deep into the U.S.-China trade war. He discusses how China might not only weather the tariffs but even find opportunities to emerge stronger. Roubini highlights China's resilience, its shifting strategies in global markets, and the potential risks of selling U.S. treasuries. He emphasizes the need for heightened domestic consumption and how cultural factors influence China's negotiation tactics, revealing the complexity of international relations.

Nancy Cook, a senior national political correspondent at Bloomberg who has covered Trump since 2016, joins Ed Harrison, a senior editor and author of Bloomberg's Everything Risk newsletter. They dive into the implications of Trump's tariff plan and its impact on the U.S. economy. The discussion highlights rising recession and inflation risks, market turmoil from high tariffs, and the complexities of current trade strategies. They also touch on tax reforms, national debt concerns, and the historical context of these economic challenges.

Martin Wolf, Chief Economics Commentator at the Financial Times and CBE awardee, joins the discussion to unpack the roots of Trump's global trade strategies. They explore whether countries targeted by tariffs should have anticipated Trump's moves. Wolf sheds light on how the U.S. trade imbalances are not mere accidents but indicators of deeper economic vulnerabilities. The conversation dives into the potential consequences of tariffs on global market confidence and the risks posed to U.S. economic stability amid shifting policies.

David Wilcox, director of US economic research for Bloomberg Economics, and Molly Smith, US economics editor for Bloomberg, delve into the troubling credibility of US economic data. They discuss recent firings of independent regulators and the implications for data integrity. The conversation explores historical legal battles, stressing the enduring impact on economic governance. They highlight potential political interference and the urgent need for transparency, drawing parallels to past administrations that compromised data validity.

Tom Orlik, Chief Economist for Bloomberg Economics, shares his insights on the strategic nuances of the Trump administration's economic policies. He discusses the historical context of Trump's decisions, questioning if recent turmoil could actually set America on a better long-term path. Orlik analyzes the shifting market sentiment, the impact of tariffs, and spending cuts. He also draws parallels between today's challenges and lessons from past economic leaders, emphasizing the crucial role of visionary leadership in shaping the future.

Join Shawn Donnan, a senior writer for Bloomberg, and Mark Sobel, US Chairman of OMFIF, as they unpack the potential 'Mar-a-Lago Accord' and its implications for global trade. They delve into the intricate relationship between U.S. dollar valuation and national security, exploring economic challenges and the evolving landscape under Trump’s administration. The discussion also touches on the interconnectedness of currency manipulation and trade negotiations, revealing how these factors shape not just economics, but international relationships.

Anna Wong, Chief US economist for Bloomberg Economics, and Kathryn Holston, Economist at Evercore ISI Research, delve into the looming question of a Trump recession. They dissect the economic shifts caused by government layoffs, tariffs, and trade policy uncertainty, moving from initial growth expectations to concerns over contraction. The duo explores the implications of tariffs on inflation and how policy uncertainty affects job growth. With insights drawn from their impressive backgrounds, they provide a thought-provoking analysis of today's economic landscape.

Joshua Green, a national correspondent for Bloomberg Businessweek and author of the bestseller Devil's Bargain, teams up with Laura Davison, Bloomberg's White House editor focused on tax policy. They discuss the looming threat of a government shutdown and how Elon Musk's controversial influence complicates Republican negotiations. The conversation dives into financial transparency concerns linked to federal contracts and the intriguing intersection of Musk's initiatives with fiscal policy. Tensions rise as Musk pushes for updates from federal workers, adding to the political drama.

Kara Calvert, Head of U.S. at Coinbase, champions financial innovation and clarity in the crypto realm. She discusses the sluggish regulatory responses that have held back the industry, contrasting it with global standards. Recent political changes offer optimism for stronger regulations that foster growth. Calvert highlights the potential of self-custody for crypto assets and stresses the importance of collaboration between the crypto sector and lawmakers to create a supportive environment for innovation and economic advancement.

Sridhar Natarajan, Bloomberg's chief Wall Street correspondent, and Hannah Levitt, finance reporter focused on J.P. Morgan and Morgan Stanley, dissect Wall Street's evolving stance on Trump's economic policies. They highlight a lingering optimism tempered by caveats regarding market volatility and deregulation. The discussion also covers the potential impacts of tariffs and the intricate dynamics of political influence on finance executives. Ultimately, they explore how shifting strategies could reshape the financial landscape.