Trumponomics

Latest Episodes:

Can the World Count on ‘TACO’ Anymore? Jun 25, 2025

Show notes

In this episode of Trumponomics, we explore whether Donald Trump’s attack on Iran changes the calculus on his “reciprocal” tariffs and a looming deadline.
Host Stephanie Flanders is joined by John Authers, senior editor for markets and a Bloomberg Opinion columnist, and Shawn Donnan, senior reporter covering economics, to discuss how markets have been thinking about the July deadline, and how the multitrillion-dollar price tag for the “big beautiful bill” Trump hopes to get through Congress may have raised the probability of a baseline 10% tariff.

See omnystudio.com/listener for privacy information.

Why Oil Prices Are Decoupling From Geopolitical Threats Jun 18, 2025

Show notes

On this episode of Trumponomics, we ask what Israel’s war with Iran, Donald Trump’s public musings about sending America to fight again in the Middle East and a potentially soaring oil price would mean for the US economy—and the 79-year-old Republican’s economic plans. We also address why those high oil prices haven’t yet come to pass.
Host Stephanie Flanders is joined by Jennifer Welch, chief geoeconomics analyst for Bloomberg Economics and Ziad Daoud, chief emerging markets economist and senior fellow at the Harvard Kennedy School.

See omnystudio.com/listener for privacy information.

Live from Hong Kong: Why China Can Afford to Wait for a Deal, and the US Can’t Jun 11, 2025

Show notes

Stephanie Flanders leads a panel from the Hong Kong Invest conference to unpack the latest round of high-stakes trade talks between the US and China, exploring why Beijing may still have the upper hand and how far any decoupling of the two economies will go. She's joined by Robin Xing, Chief China Economist at Morgan Stanley, Lotus Asset Management Chief Investment Officer Hao Hong, and Bloomberg reporter Rebecca Choong Wilkins.

See omnystudio.com/listener for privacy information.

Bonus: How Is Trump Changing US Economic Competitiveness? Jun 08, 2025

Show notes

What kind of US economy will emerge from the policies of Donald Trump? Will it be more or less competitive and resilient than what the president inherited at the start of the year?

Host Stephanie Flanders put that question to an all-star panel at the Milken conference in May. Here's an edited version of the conversation that followed, featuring Gary Cohn, IBM Vice Chairman, former director of the National Economic Council and former chief economic advisor to Trump; Peter Orszag, CEO and Chairman of Lazard and former director of the Office of Management and Budget under President Barack Obama; and Kevin McCarthy, 55th Speaker of the US House of Representatives.

See omnystudio.com/listener for privacy information.

What Happens If Trump Doesn't Pull Back on His Trade War? Jun 04, 2025

Show notes

This week, we’re checking in on the status of Donald Trump’s trade war. Host Stephanie Flanders is joined by Anna Wong, chief US economist at Bloomberg Economics, for insight into the economic impact of the US president’s policies so far, and Bloomberg White House Reporter Josh Wingrove, who unpacks how the strategy is evolving. They analyze the legal battle over Trump’s tariffs and concern on Wall Street that the trade war could morph into a capital war.

See omnystudio.com/listener for privacy information.

Why Tariffs Can’t Fix America's Economic Malaise May 28, 2025

Show notes

Framed as a tool to protect American workers, rebalance trade and revive the nation’s domestic industry, the tariffs levied by Donald Trump came with a promise of bold results. On this episode of Trumponomics, Richard Baldwin, professor of international economics at IMD Business School, says the trade war is unlikely to accomplish its stated goals and that the world may very well leave America behind.

Imposed unilaterally and outside the guardrails of the World Trade Organization, the president’s tariffs represent a sharp break from decades of US policy. Baldwin, author of The Great Trade Hack: How Trump’s Trade War Fails and Global Trade Moves On, tells host Stephanie Flanders, Bloomberg’s head of Economics and Government, that the levies weren’t about reciprocity or even results. Instead, they are about “grievance.”

See omnystudio.com/listener for privacy information.

Live from Qatar: What Does Trump Mean for the Middle East? May 21, 2025

Show notes

Host Stephanie Flanders, Bloomberg’s Head of Government and Economics, leads a panel from the Qatar Economic Forum in Doha to explore the question of what Trumponomics means for the Middle East. It turns out the answer may be—as Donald Trump would put it—a lot of winning.
Dina Esfandiary, Middle East geoeconomics lead for Bloomberg Economics, Ziad Daoud, chief emerging markets economist for Bloomberg Economics, and John Micklethwait, Bloomberg’s Editor in Chief, feature on the panel.

See omnystudio.com/listener for privacy information.

Stephen Moore Is Bullish on America. Is He Right To Be? May 14, 2025

Show notes

We’re stepping back from the recent series of reversals, deals and temporary ceasefires in Donald Trump’s trade war to ask a few questions—namely does the US president have a strategy, and if so how’s it going and what comes next?

Stephen Moore, the author of The Trump Economic Miracle and a senior fellow in economics at the Heritage Foundation, and Bloomberg Senior White House Reporter Josh Wingrove join.

See omnystudio.com/listener for privacy information.

Live from Milken: Looking to Nixon for a Peek at Trump’s Future with Niall Ferguson and Fareed Zakaria May 07, 2025

Show notes

Historian and commentator Niall Ferguson and CNN host and author Fareed Zakaria join this week’s Trumponomics to place Donald Trump's ambitious plans for the US economy in historical perspective. The conversation was taped at the Milken Institute Global Conference in Beverly Hills.

See omnystudio.com/listener for privacy information.

How Donald Trump Became India’s New Best Friend Apr 30, 2025

Show notes

On this episode of Trumponomics, we discuss why India stands to gain from the US trade war with China and the rest of the world. Host Stephanie Flanders speaks with Bloomberg senior editor Chris Anstey and reporter Shruti Srivastava, as well as Bloomberg Economics senior India economist Abhishek Gupta. They look at how India has been able to pull ahead of rivals as the US roils the world, and specifically whether the Republican in the White House may unintentionally be boosting the South Asian nation’s long-term ambitions to replace China as the “factory of the world.”

See omnystudio.com/listener for privacy information.