It’s been a little more than seven months since US President Donald Trump returned to the White House, and much has been made of his administration’s unprecedented actions when it comes to trade, geopolitics and domestic matters. There are plenty of detractors pointing to the downsides of the Republican’s moves, but we hear less about what the US should be doing instead. It raises the interesting question: what would the Democratic alternative be? Host Stephanie Flanders and Noah Smith, a former columnist for Bloomberg Opinion and now a prominent Substack writer, ask whether—if the opposition party returns to power—should it return to the neoliberal policies of the Obama administration, or find its own populist message to match that of Trump? Or perhaps something in between?See omnystudio.com/listener for privacy information.
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Is Economic Self-Sufficiency a Myth?
Host Stephanie Flanders speaks with journalist and author Ben Chu to unpack his latest book, Exile Economics: What Happens if Globalisation Fails. As President Donald Trump calls for the US to break its dependence on foreign imports and bring all production “back home,” Chu pulls back the curtain on what abandoning globalization would actually look like—not in theory, but in the messy, interconnected reality of the 21st century. See omnystudio.com/listener for privacy information.
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Why the End of US Dollar Dominance Is Now Possible
On this episode of Trumponomics, we explore the impact of President Donald Trump’s economic policies on the standing of the US dollar, and the consequences for the US and global economies if the greenback is no longer the world’s primary reserve currency. As our guests explain, it seems that a reckoning has been in the making for some time.Barry Eichengreen, professor of economics and political science at the University of California Berkeley, joins along with Bloomberg Washington reporter Saleha Mohsin to discuss how reserve currencies come about, how the US dollar ascended to that role and what happens if it falls back to earth.See omnystudio.com/listener for privacy information.
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The Unintended Consequences of Trump’s Tariff Strategy
With US President Donald Trump’s self-imposed Aug. 1 deadline having come and gone, trading partners across the globe are digesting what his new threatened tariffs might mean for them. But it’s early days yet in Trump’s trade war, and everything from the unexpected movement of the dollar to negative jobs data and $1 trillion in trade exemptions continues to cloud the picture. On this episode of Trumponomics, we try to understand how Trump’s tariffs (which, to add more complexity, an appeals court could soon rule illegal) are currently affecting US businesses, China and the rest of the world. Host Stephanie Flanders is joined Bloomberg Economics Chief US Economist Anna Wong and Bloomberg News senior correspondent Shawn Donnan to discuss it all. https://www.bloomberg.com/news/articles/2024-09-24/friends-of-bls-urge-congress-to-lift-funding-for-us-labor-survey See omnystudio.com/listener for privacy information.
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The Promise and Peril of Trump’s Big AI Plan
On this week’s Trumponomics, we unpack the promise and peril for America of Trump’s AI vision. Host Stephanie Flanders is joined by Michael Deng, geoeconomics technology analyst for Bloomberg Economics, and Parmy Olson, a columnist with Bloomberg Opinion and author of the book Supremacy: AI, ChatGPT and the Race That Will Change the World. Together, they discuss how the administration’s plans when it comes to tariffs, energy and other issues risk isolating the US from the very global tech ecosystem it’s trying to dominate.See omnystudio.com/listener for privacy information.
Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.
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