China’s New Game Plan for Dealing With Trump Tariffs
As US President Donald Trump imposes new tariffs on China, Xi Jinping's government has had a far more muted response than it did during the trade war in Trump’s first term. On today’s Big Take Asia Podcast, host K. Oanh Ha is joined by Bloomberg editor Jenni Marsh and Bloomberg Opinion columnist Shuli Ren to unpack China’s response to Trump’s barrage of tariffs and discuss what’s at risk for both countries if they find themselves in another trade war. Read more: China’s Mr. Big Won’t Cave In to Trump for NothingFurther listening: The Tariff Wars Are Here — And They’re MessySee omnystudio.com/listener for privacy information.
11 Feb 18min
For European Start-Ups, Valuation Depends On Location, Location, Location
Financial markets in Europe have long been fragmented and constrained, driving home-grown startups to list and raise capital in the US. Now, Europe is trying to reverse the trend. Can it hold onto innovative firms — and talent? Today on the show, host Sarah Holder talks to Bloomberg’s Sagarika Jaisinghani about why location matters so much for startups and what Europe’s challenges mean for the region’s economic outlook.Read more: Broken Markets Hold Back Europe as Trump Amps Up the PressureSee omnystudio.com/listener for privacy information.
10 Feb 16min
How Much Is a Wall Street Bonus Really Worth?
It’s bonus season on Wall Street. But if you work for a bank, you know that the number you’re quoted is almost never the number you get when it comes time for that bonus to pay out. On today’s Big Take podcast, global finance reporter Laura Noonan shares what she learned by crunching the numbers on which banks deliver more or less than they promised. Read more: How Much Your Wall Street Bonus Is Really WorthSee omnystudio.com/listener for privacy information.
7 Feb 11min
Treasury Secretary Scott Bessent on DOGE, Taxes and the Fed
Nine days after his swearing in, Scott Bessent sat down with Big Take DC host Saleha Mohsin at the US Treasury Department. They discussed topics in his purview dominating the headlines — Elon Musk’s DOGE efforts, tariffs — and his plans for taxes, trade, the Fed and more.See omnystudio.com/listener for privacy information.
6 Feb 22min
What Economists Talk About When They Talk About AI
Silicon Valley tech leaders have been brimming with optimism in recent years about the future of artificial intelligence — and investors have bet big on the transformational power of the technology. Then last week, China’s DeepSeek emerged as a disruptive force and the value of Nvidia Corp. fell by half a trillion dollars. More than ever, investors are wondering about whether big bets on AI will pay off in the long run.Bloomberg Economics Chief Economist Tom Orlik sees three cases for how AI could reshape the global economy, ranging from the rosy to the dystopian. On today’s Big Take podcast, he and host David Gura break them down and explore what that future may hold not just for companies and investors — but for us all.Read more: AI Has Rocked the Stock Market, But What Will It Do for the Economy?See omnystudio.com/listener for privacy information.
5 Feb 13min
Trump Is Trying to Take Control of Spending From Congress. Will It Work?
Trump says the president should be able to decide how to spend taxpayer money – not Congress. Part of his plan? Impoundment: A controversial maneuver that could wrest control of trillions of dollars in federal spending away from Congress. Bloomberg politics reporter Gregory Korte joins Big Take DC host Saleha Mohsin to explain what impoundment is, the pushback against Trump’s efforts and how the battle over its legality could play out. Is there an idea in the news that you want explained? Email us at bigtake@bloomberg.net. Read more: Trump Vows to ‘Impound’ Money Congress Appropriates. Can He Do It?See omnystudio.com/listener for privacy information.
4 Feb 14min
The Tariff Wars Are Here — And They’re Messy
Is it a trade war or is it whiplash? On Saturday, President Trump announced new 25% tariffs on imports from Canada and Mexico, and an additional 10% tariff on Chinese goods. On Sunday, he said tariffs were coming for the European Union, too.The tariffs were initially supposed to take effect at 12:01 am Tuesday morning eastern time, but since that weekend announcement, the tariffs on Mexican and Canadian goods have been delayed for one month. Meanwhile, the tariffs on Chinese goods are proceeding as scheduled. On today’s Big Take podcast, Bloomberg’s global economy reporter Enda Curran and host Sarah Holder make sense of the news — and discuss how this could disrupt the US economy and reshape global commerce.See omnystudio.com/listener for privacy information.
3 Feb 17min
What's Behind Gold's Record Rally
Shuibei, in southern China, is home to one of the world's biggest retail markets for gold. Over the past year, it's seen a boom in demand for the jewelry, sold by thousands of stallholders, as the Chinese property crisis and slowing economy spurred a flight into gold. So much so that Chinese consumers helped propel the global gold price to record highs in 2024. On today's Big Take Asia podcast, K. Oanh Ha talks to Bloomberg's Chongjing Li about the enduring appeal of the precious metal in China, and what lies ahead. Read more: The Epicenter of China’s Gold Craze Is a Former Fishing VillageWatch, from Bloomberg Originals: What Gold’s Crazy Run Says About ChinaSee omnystudio.com/listener for privacy information.
31 Jan 13min
