Here's Why

The US and China have agreed to slash import tariffs for 90 days to allow for further negotiations. The deal is a major pullback of America's trade offensive, and comes after Chinese President Xi Jinping has taken a defiant stance against Donald Trump. Bloomberg Opinion columnist Karishma Vaswani joins host Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

Crude oil prices have fallen sharply since the start of the year, caught up in the market turmoil of Donald Trump's trade war. The OPEC+ group of oil-producing countries has responded by increasing production, which has pushed prices down further. Why are these nations intentionally hurting their own revenues? Bloomberg Opinion columnist Javier Blas joins host Stephen Carroll to explain. See omnys...

The dollar is a key part of the American economy's strength, underpinning global finance and trade. But since President Donald Trump unleashed his global trade war, there are cracks in the greenback's image, which will have global consequences. Bloomberg's Senior Washington Correspondent Saleha Mohsin, who wrote the book: Paper Soldiers: How the Weaponization of the Dollar Changed the World Order,...

The price of gold has seen a blistering rally since Donald Trump's inauguration, as investors seek a safe haven from the policy and market turbulence. The precious metal has always been a draw during uncertain times, but this rush is driving prices to repeated record highs. Our metals reporter Jack Ryan joins host Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

The near-daily shifts in US trade policy have plunged markets into turmoil, and made businesses and consumers nervous about spending. What sort of damage does uncertainty do to the economy? And will we eventually get used to it? Co-host of Bloomberg's Odd Lots podcast, Joe Weisenthal, joins Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

US Treasury bonds have long served as a refuge for investors during times of panic. But as President Donald Trump unleashes an assault on global trade, their status as the world’s safe haven is increasingly coming into question. Yields, especially on longer-term debt, have surged on the tariff announcements, raising fears that key foreign buyers could take their money elsewhere, in a form of...

The American economy is richer, more innovative, and has expanded at a faster rate than most of the developed world for many years. How will Donald Trump's tariffs affect that trajectory? Bloomberg's head of economics and government Stephanie Flanders joins host Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

A spate of plane accidents, botched landings and near-misses in the US and elsewhere has raised widespread concerns about air safety. While the likelihood of a plane crash remains incredibly low, experts are concerned that a global shortage of air traffic controllers could make flying more dangerous. Our transport reporter Danny Lee joins host Stephen Carroll to discuss. See omnystudio.com/listene...

The rush into artificial intelligence - spurred by the success of ChatGPT - has propelled a handful of technology companies into market superstardom. Nvidia, SK Hynix, ASML and TSMC have seen their share prices soar as their products lead the market in the chips that power AI. Our tech reporter Mark Bergen joins host Stephen Carroll to discuss the scale of their success, and what could disrupt it....

Donald Trump's election sparked a frenzy of optimism in the crypto world, but his much-heralded announcement of a strategic Bitcoin reserve left investors disappointed. The biggest digital token slumped further from its record highs. Bloomberg's Executive Editor for Crypto, stacy-marie ishmael joins host Stephen Carroll to explain why. See omnystudio.com/listener for privacy information.

World leaders have been left reeling by the flurry of announcements from Donald Trump since he returned to the White House. The US President has penalised America's allies, made overtures to autocrats, and thrown out international conventions. Markets, too, are increasingly uncertain about what the future holds. Bloomberg's Editor-in-Chief John Micklethwait joins host Stephen Carroll to discuss Do...

President Trump's unconventional policies and high-stakes manoeuvres have shaken up global trade and security, now Wall Street is wondering if the global financial system may be next. The concept has been called the "Mar-a-Lago Accord" and its aim would be to weaken the US dollar to help American exporters. But the idea faces hurdles and pitfalls, so what would be involved in a "Mar-a-Lago Accord"...

Talks over ending the Russian invasion of Ukraine have begun with a meeting between US and Russian officials in Saudi Arabia. Efforts to secure a ceasefire have accelerated since Donald Trump returned to the White House, and re-established contact with Vladimir Putin. How will Trump negotiate with the Russian President? Our senior writer Stephanie Baker, author of 'Punishing Putin', joins host Ste...

Environmental, social and governance rules have come under additional pressure since the election of Donald Trump as US President. American businesses have also called for the European Union to roll back its ESG regulations, and France and Germany have indicated they want changes too. But how far will these efforts go? Our Managing Editor for ESG Investing, Tasneem Brogger, joins host Stephen Carr...

It took just two weeks for Donald Trump to impose the first trade tariffs since returning to the White House. His move to impose levies on China, and threats to Canada and Mexico, have political and business leaders scrambling to rethink complex supply chains and assess the economic impact. But if relations improve, how easy are these measures to unwind? Bloomberg's Trade Tsar Brendan Murray joins...

Chinese AI startup DeepSeek shot to global fame after the launch of its R1 chatbot, seen as a rival to the likes of ChatGPT. But how disruptive will its apparently cheaper business model be to the global tech industry? Bloomberg's Tom Mackenzie joins us to explain. See omnystudio.com/listener for privacy information.

Donald Trump has started his Presidency by signing dozens of executive orders, taking action in areas from energy, to immigration, to withdrawing the United States from the World Health Organization and the Paris climate accord. How powerful are these instruments, and how can they be challenged? Bloomberg White House reporter Hadriana Lowenkron joins host Stephen Carroll to explain. See omnystudio...

Immigrants have long been part of the economic success story of the United States. Many economists and business leaders credit immigration for filling vacancies across the economy, but Donald Trump and many of his allies accuse immigrants of lowering wages and taking jobs from native-born Americans. He's pledged to crack down on illegal immigration and carry out the biggest deportation plan in US...

Move over artificial intelligence, a new technological game-changer is coming. Developers of quantum computers say they will deliver huge advancements in fields from drug development to financial modelling. Some of the world's biggest tech companies, investors and governments are pouring billions into making them a reality. Our reporter Isabella Ward tells us what to expect. Hosted by Stephen Carr...

SpaceX recently cemented its status as the world's most valuable private startup, with a share sale that valued it at about $350 billion. Meanwhile, OpenAI's last fundraising round valued it at $157 billion. Despite huge interest from investors, these names are among many fast-growing companies which are opting not to list their shares on public markets. Bloomberg's Bailey Lipschultz, who covers h...

Iran has lost a key regional ally with the toppling of Bashar al-Assad's regime in Syria. Tehran's other proxies, Hamas and Hezbollah, are also weakened after over a year of fighting with Israel. What influence does Iran have left in the Middle East? Bloomberg's Head of Iran coverage Golnar Motevalli joins host Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.

Here's Why host Stephen Carroll is in France this week covering the deepening political crisis that has gripped the country. We wanted to bring you a special episode of Bloomberg's Big Take podcast that he's been contributing to while there. We'll be back next week with a normal episode of the show. The Big Take: After No-Confidence Vote, France Faces Tumult and Uncertainty The government of Frenc...

Central banks in the US and Europe have been cutting interest rates as inflation slows close to their 2% target. But while the price surge of 2022 is behind us, the outlook for the next year looks less certain. How will trade tariffs, a strong dollar or other shocks affect the outlook for prices? Bloomberg Opinion columnist Daniel Moss joins host Stephen Carroll to discuss. See omnystudio.com/list...

Public health experts have expressed alarm over Donald Trump picking a vaccine-skeptic to head the US Department of Health and Human Services. Robert F. Kennedy Jr.'s nomination comes as falling vaccination rates for diseases such as measles have led to a spike in cases globally. What's behind anti-vaccine sentiment, how is it evolving and what effect is it having on public health? Sam Fazeli, PhD...

Crypto assets, including Bitcoin, have surged in value since Donald Trump won the US Presidential election. The President-elect has gone from being a crypto-skeptic to promising more friendly regulation for the sector. Our crypto reporter Emily Nicolle joins host Stephen Carroll to discuss whether the hopes are well founded. See omnystudio.com/listener for privacy information.