On today's podcast:

1) Scott Bessent walked on stage at the largest gathering in months of Wall Street’s champions of global trade, aiming to explain why President Donald Trump is putting up hurdles to global trade.

2) Canadian Prime Minister Mark Carney said he’ll meet with US President Donald Trump in Washington on Tuesday, their first face-to-face encounter since he won an election in part because of an anti-Trump message.

3) Ford Motor Co. suspended its full-year financial guidance and said President Donald Trump’s auto tariffs will take a toll on profit, joining rivals stung by volatile global trade policies.

On today's podcast:
1) Scott Bessent walked on stage at the largest gathering in months of Wall Street&rsquo;s champions of global trade, aiming to explain why President Donald Trump is putting up hurdles to global trade.
2) Canadian Prime Minister Mark Carney said he&rsquo;ll meet with US President Donald Trump in Washington on Tuesday, their first face-to-face encounter since he won an election in part because of an anti-Trump message.
3) Ford Motor Co. suspended its full-year financial guidance and said President Donald Trump&rsquo;s auto tariffs will take a toll on profit, joining rivals stung by volatile global trade policies.

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Wall Street Elite Warm Up to Tariffs; Trump-Carney Meeting

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c41af7bc-966f-447c-b493-b2d5009e36ee/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) President Trump said the bombing campaign against Iran will continue until its objectives are achieved, calling on the nation’s leaders to capitulate as a report indicated at least one top official in Tehran sought to resume nuclear talks with the US. Trump on Sunday re-confirmed the death of Iran’s supreme leader, Ayatollah Ali Khamenei, and said the US and Israel had struck hundreds of targets in Iran including Revolutionary Guard facilities and air defenses. The US military’s Central Command announced Sunday that three US service members were killed and five “seriously wounded” during operations against the Islamic Republic, but gave no further details. Trump, who campaigned for the presidency on a pledge not to endanger American troops in the Middle East, called their deaths part of “the righteous mission” in a video posted on social media. “There will likely be more before it ends. That’s the way it is.”
2) Saudi Arabia and the United Arab Emirates are stepping up criticism of Iran’s regional attacks, while Gulf states consider coordinating efforts to halt what they’ve called “treacherous” and “heinous” actions by Tehran. Ministers from Gulf Cooperation Council nations held an extraodinary meeting on Sunday to review damages from Iran’s strikes on countries spanning from the UAE to Bahrain, Qatar and Oman, and consider necessary steps to restore stability and peace to the Middle East, according to a statement from state-run Saudi Press Agency. The states affirmed their right to respond to respond to Iran in “self-defense, either individually or collectively” and said GCC members “will take all necessary measures to defend their security and stability and to protect their territories, citizens, and residents, including the option to respond to the aggression.”
3) Oil surged the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US and Israeli strikes against Iran, with hostilities escalating across the region. Global benchmark Brent was more than 9% higher near $80 a barrel, after earlier rallying by as much as 13% to the highest since January 2025. Tanker traffic through the strait — the chokepoint off Iran’s coast that handles a fifth of the world’s oil and large volumes of gas — has largely halted, with a self-imposed pause in place by shipowners and traders as the conflict spreads.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump said the bombing campaign against Iran will continue until its objectives are achieved, calling on the nation&rsquo;s leaders to capitulate as a report indicated at least one top official in Tehran sought to resume nuclear talks with the US. Trump on Sunday re-confirmed the death of Iran&rsquo;s supreme leader, Ayatollah Ali Khamenei, and said the US and Israel had struck hundreds of targets in Iran including Revolutionary Guard facilities and air defenses. The US military&rsquo;s Central Command announced Sunday that three US service members were killed and five &ldquo;seriously wounded&rdquo; during operations against the Islamic Republic, but gave no further details. Trump, who campaigned for the presidency on a pledge not to endanger American troops in the Middle East, called their deaths part of &ldquo;the righteous mission&rdquo; in a video posted on social media. &ldquo;There will likely be more before it ends. That&rsquo;s the way it is.&rdquo; 2) Saudi Arabia and the United Arab Emirates are stepping up criticism of Iran&rsquo;s regional attacks, while Gulf states consider coordinating efforts to halt what they&rsquo;ve called &ldquo;treacherous&rdquo; and &ldquo;heinous&rdquo; actions by Tehran. Ministers from Gulf Cooperation Council nations held an extraodinary meeting on Sunday to review damages from Iran&rsquo;s strikes on countries spanning from the UAE to Bahrain, Qatar and Oman, and consider necessary steps to restore stability and peace to the Middle East, according to a statement from state-run Saudi Press Agency. The states affirmed their right to respond to respond to Iran in &ldquo;self-defense, either individually or collectively&rdquo; and said GCC members &ldquo;will take all necessary measures to defend their security and stability and to protect their territories, citizens, and residents, including the option to respond to the aggression.&rdquo; 3) Oil surged the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US and Israeli strikes against Iran, with hostilities escalating across the region. Global benchmark Brent was more than 9% higher near $80 a barrel, after earlier rallying by as much as 13% to the highest since January 2025. Tanker traffic through the strait &mdash; the chokepoint off Iran&rsquo;s coast that handles a fifth of the world&rsquo;s oil and large volumes of gas &mdash; has largely halted, with a self-imposed pause in place by shipowners and traders as the conflict spreads.

Trump Urges Iran Leadership Change; Oil Spikes on Hormuz Disruptions

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e3b424b5-e939-4e44-94ea-b40100b09f37/transcript

'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons.  

Watch the show LIVE on Bloomberg Television from 7AM-10AM Eastern Time.   
Listen to the show LIVE on Bloomberg Radio from 7AM-10AM Eastern Time.   

Listen to the Podcast for the best conversations from the show.   
Subscribe on Apple: 
https://podcasts.apple.com/us/podcast/bloomberg-this-weekend/id1878739308
Subscribe on Spotify: 
https://open.spotify.com/show/5DQ8CEg9LeS1xGJSaxt47l

'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons.&nbsp;&nbsp; Watch the show <a href="https://www.bloomberg.com/live">LIVE on Bloomberg Television</a> from 7AM-10AM Eastern Time.&nbsp; &nbsp; Listen to the show <a href="https://www.bloomberg.com/audio">LIVE on Bloomberg Radio</a> from 7AM-10AM Eastern Time.&nbsp; &nbsp; Listen to the Podcast for the best conversations from the show.&nbsp; &nbsp; Subscribe on Apple: <a href="https://podcasts.apple.com/us/podcast/bloomberg-this-weekend/id1878739308">https://podcasts.apple.com/us/podcast/bloomberg-this-weekend/id1878739308</a> Subscribe on Spotify: <a href="https://open.spotify.com/show/5DQ8CEg9LeS1xGJSaxt47l">https://open.spotify.com/show/5DQ8CEg9LeS1xGJSaxt47l</a>

Introducing: Bloomberg This Weekend

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3e1dc337-4b49-43ad-bc3d-b3fb00b40643/transcript

The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East.   

“The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social on Saturday. “When we’re finished, take over your government. It will be yours to take. This will be probably your only chance for generations.”   

The military campaign could be a defining moment for Trump, risking a drawn-out regional war that leads to a surge in energy prices and American casualties ahead of mid-term elections this year. Iran quickly responded by firing missiles on Israel and US bases around the region, and countries in the Persian Gulf closed their airspace.  

Israel’s military said the campaign would target “dozens of military targets,” and Iran media reported strikes on defensive and civilian sites, including more than 50 people dead in a strike on a school in Hormozgan, in the south of the country. Several large explosions were reported in the capital, Tehran.   
Bloomberg's David Gura and Christina Ruffini lead our team coverage in this instant reaction podcast.

The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East.&nbsp; &nbsp; &ldquo;The hour for your freedom is at hand,&rdquo; Trump said, addressing Iranians in a video posted on Truth Social on Saturday. &ldquo;When we&rsquo;re finished, take over your government. It will be yours to take. This will be probably your only chance for generations.&rdquo;&nbsp; &nbsp; The military campaign could be a defining moment for Trump, risking a drawn-out regional war that leads to a surge in energy prices and American casualties ahead of mid-term elections this year. Iran quickly responded by firing missiles on Israel and US bases around the region, and countries in the Persian Gulf closed their airspace.&nbsp;&nbsp; Israel&rsquo;s military said the campaign would target &ldquo;dozens of military targets,&rdquo; and Iran media reported strikes on defensive and civilian sites, including more than 50 people dead in a strike on a school in Hormozgan, in the south of the country. Several large explosions were reported in the capital, Tehran.&nbsp; &nbsp; Bloomberg's David Gura and Christina Ruffini lead our team coverage in this instant reaction podcast.

Instant Reaction: US, Israel Attack Iran as Trump Urges Regime Change

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/00fec4c1-563e-43d9-957b-b3ff00e35e54/transcript

Wall Street Elite Warm Up to Tariffs; Trump-Carney Meeting

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