Here's Why

Brendan Murray, Bloomberg's trade expert, dives into the recent abolishment of the de minimis exemption that allowed tariff-free imports under $800 for nearly 90 years. He discusses the significant impact on small businesses, shippers, and consumers. With many European postal services halting deliveries to the U.S., he reveals the challenges emerging from the new tariff regulations, including potential delays and increased costs. Plus, Murray introduces Bloomberg's Stock Movers Report for quick market insights.

Lulu Chen, who leads Bloomberg's Asian real estate team, dives into the turmoil of China's property market. She shares insights on the sustained decline following Evergrande's collapse, explaining how financial distress is forcing households to sell and leaving developers on the edge. The discussion highlights Beijing's cautious responses, the resilience of state developers, and the looming risk of civil unrest among dissatisfied citizens. Chen effectively unpacks the economic implications of this crisis, making it a must-listen for anyone interested in global finance.

A growing body of research is pointing to the drastic changes artificial intelligence will bring to the workforce, with predictions of millions of jobs being created and lost. According to analysis of recent US labor market data, AI does not appear to be causing a slowdown in hiring. Many companies are racing to implement the new tech into their businesses, but are they employing fewer people as a result? Bloomberg Opinion columnist Parmy Olson joins host Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.

The world's biggest technology companies have reported another period of strong earnings, adding to the recent rally in their share prices. Microsoft became only the second company to reach a $4 trillion valuation. Some market watchers are concerned that the valuations of the so-called Magnificent Seven companies are looking stretched. Gina Martin Adams, Chief Equity Strategist at Bloomberg Intelligence, joins host Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.

US President Donald Trump’s tariff strategy is reshaping trade, diplomacy, and the American economy. The levies have sparked turmoil in financial markets, but are already bringing in billions of dollars in revenue for the US Treasury. So far, the global economy has held up better than many economists expected, but how long will that last? Bloomberg’s Trade Tsar Brendan Murray joins host Stephen Carroll to discuss economic wins, diplomatic risks, and political payoffs of the most aggressive US trade policy in almost a century.See omnystudio.com/listener for privacy information.

Just days from US President Donald Trump's next tariff deadline, stock markets have hit record highs. Market volatility - as measured by the VIX Index - is at its lowest level in months. Are investors feeling zen, or do we need to rethink how we measure fear in the markets? Our markets reporter Valerie Tytel joins host Stephen Carroll to discuss.See omnystudio.com/listener for privacy information.

Amara Omeokwe, a Federal Reserve reporter at Bloomberg, dives into the rising tensions between President Trump and Fed Chair Jerome Powell. She explores the political ramifications of Trump’s criticisms and the complexities of potentially firing Powell. Legal hurdles complicate matters, and the implications for market stability are significant. The discussion also touches on the controversial renovation project at the Fed and how that factors into the leadership dynamics. A riveting look at the intersection of politics and economic policy!

In this discussion, Feargus O'Sullivan from Bloomberg CityLab sheds light on the growing discontent among residents in popular European tourist spots battling overtourism. He explores protests in cities like Paris and Zakynthos, where locals seek a more sustainable balance between economic benefits and quality of life. O'Sullivan highlights the complexities of managing tourism, including the limitations of strategies like tourist taxes and restrictions on short-term rentals. The conversation reveals the pressing need for innovative solutions to protect both communities and visitors.

Rosalind Mathieson, EMEA News Director at Bloomberg, delves into the unconventional trade deals of the Trump administration. She explains how these agreements differ significantly from historical precedents, driven by a competitive mindset and a focus on quick economic wins for American voters. Mathieson highlights the potential for confusion in broad trade frameworks and discusses the vagueness of current agreements. The conversation emphasizes dire implications for both domestic economies and global trade dynamics amid evolving negotiation tactics.

Jonathan Tirone, a Bloomberg reporter specializing in nuclear diplomacy, delves into the alarming issue of Iran's unaccounted for uranium. He discusses the recent unknown whereabouts of 409 kilograms of highly enriched uranium, raising concerns among International Atomic Energy Agency experts. The conversation explores the ease of transporting such materials and the challenges in monitoring them. Tirone also sheds light on the future of the Nuclear Non-Proliferation Treaty and the significant implications of Iran's potential withdrawal.