Latest news with #Trumponomics
Bloomberg
5 days ago
- Business
- Bloomberg
Crypto Value Tops $4 Trillion as US Sets Stablecoin Rules
On the latest episode of Trumponomics, we discuss whether the administration's race to loosen regulations, particularly on crypto, is setting the stage for another financial crisis. Listen on Apple, Spotify, or wherever you get your podcasts. Cryptoassets surged past $4 trillion in value for the first time today, a milestone that puts the digital universe in the same league as Nvidia's market cap.
Bloomberg
7 days ago
- Business
- Bloomberg
Trump's Financial Reforms: Needed Correction or Ticking Time Bomb?
By and Stephanie Flanders Save Subscribe to Trumponomics on Apple Podcasts On this episode of Trumponomics, we examine whether Donald Trump's efforts to deregulate traditional finance and move crypto further into the mainstream are laying the groundwork for a financial crisis or simply fixing bureaucratic overreach stemming from the last one.
Bloomberg
10-07-2025
- Business
- Bloomberg
Copper Costs Were Climbing Even Before Trump's Tariffs
New York futures have been trading at significant premiums to London prices as buyers stock up before the levies. Welcome to our guide to the commodities markets powering the global economy. Today, Millie Munshi, deputy managing editor for energy and commodities in the Americas, discusses an eventful year for metals traders even before the US copper tariffs. Meanwhile, the Trumponomics podcast says the new tax law may trigger an energy crunch. US tariffs on copper imports are finally coming after months of anticipation and market dislocations, though metals traders are still waiting for some of the finer details.
New York Times
09-07-2025
- Business
- New York Times
Trump Says He's Making America More Competitive. Is He?
President Trump won his office twice by promising to turbocharge the American economy and restore its global dominance over international competitors. This week, he turned back to his favorite tool, dealing out threats of tariffs like a blackjack dealer confident that the house always wins. 'Tariffs are making our country 'BOOM,'' Trump wrote on his social media site yesterday, where he also pronounced the country the 'hottest' in the world. Economists and industry experts, though, warn that Trump's sweeping changes to the economy and the country may have the opposite effect, potentially positioning the United States to be less competitive on the global stage. The tariffs are just one pillar of Trump's industrial policy. Tonight, I'm taking a look at that aspect, as well as two others, and I'll explain why some experts fear that six months of Trumponomics could stifle a key driver of American competitiveness: innovation. Trade restrictions like tariffs are a longstanding strategy for presidents who want to strengthen or bring back domestic industries, a goal that can bolster national security objectives as well as economic ones. Robert Atkinson, the president of the Information Technology and Innovation Foundation, told me that tariffs could increase national competitiveness — but they come with risks, too. Tariffs can wall off the American market while other countries trade freely with one another. And they can raise the prices of the goods American companies need to import in order to make their products, forcing them to reckon with higher costs, which their foreign competitors might not face. Want all of The Times? Subscribe.
Bloomberg
09-07-2025
- Business
- Bloomberg
Will Trump's Bill Trigger a ‘Big, Beautiful' Energy Crunch?
On Trumponomics, we explore how the legislation's attack on renewable energy may push up electricity bills and damage US competitiveness in AI. By and Stephanie Flanders Save Subscribe to Trumponomics on Apple Podcasts Subscribe to Trumponomics on Spotify On this episode of Trumponomics, we ask whether the Republican megabill passed last week—known best for cutting Medicaid and taxes while adding to the national debt—will also do damage to the broader economy, US competitiveness in the race for artificial intelligence and your electricity bill.
