President Donald Trump spent plenty of time on the campaign trail accusing China of stealing American jobs by taking away factories and using unfair trade practices. But China is actually giving a lifeline in one hard-hit part of the Rust Belt. That makes things between the two nations more complicated than Trump might want to admit as he meets with Chinese President Xi Jinping for the first time. Michael Davis, economic development director for Moraine, Ohio, and Case Western Reserve University professor Susan Helper explain the story to Scott Lanman and guest host Andrew Mayeda.

President Donald Trump spent plenty of time on the campaign trail accusing China of stealing American jobs by taking away factories and using unfair trade practices. But China is actually giving a lifeline in one hard-hit part of the Rust Belt. That makes things between the two nations more complicated than Trump might want to admit as he meets with Chinese President Xi Jinping for the first time. Michael Davis, economic development director for Moraine, Ohio, and Case Western Reserve University professor Susan Helper explain the story to Scott Lanman and guest host Andrew Mayeda.

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.

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.

Who will win the trade war, and how? If the job market is so strong, why does your paycheck seem so meager? What will drive the economy of the future? Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders, will take listeners on location each week to answer questions like these and bring the global economy to life.

Trumponomics

Here’s What Happens When a Chinese Firm Buys a Closed GM Plant

Here's What Happens When a Chinese Firm Buys a Closed GM Plant

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4fd5fbb1-c10d-434e-a768-ae2b00265bb8/transcript

The US 10-year Treasury yield has breached 5%, but the forces pushing borrowing costs higher may run much deeper than the latest economic shocks. Stephanie Flanders is joined by Bloomberg Opinion columnist John Authers and Jamie Rush of Bloomberg Economics to discuss how demographics, rising government debt and the artificial intelligence investment boom are reshaping the price of money — and why 5% could prove to be a floor rather than a ceiling.

The US 10-year Treasury yield has breached 5%, but the forces pushing borrowing costs higher may run much deeper than the latest economic shocks. Stephanie Flanders is joined by Bloomberg Opinion columnist John Authers and Jamie Rush of Bloomberg Economics to discuss how demographics, rising government debt and the artificial intelligence investment boom are reshaping the price of money &mdash; and why 5% could prove to be a floor rather than a ceiling.

Why 5% Treasury Yields May Be Just the Beginning

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3afa2b6f-d76f-4b0a-9dc1-b4c70164eeb5/transcript

Artificial intelligence companies are spending extraordinary sums on the promise that their technology will transform the global economy. Author and technology critic Cory Doctorow joins Trumponomics host Stephanie Flanders to challenge that sales pitch, arguing that AI may be useful without delivering the cost savings or profits investors expect — and warning of the consequences for workers, markets and the wider economy if the boom ends badly.

Artificial intelligence companies are spending extraordinary sums on the promise that their technology will transform the global economy. Author and technology critic Cory Doctorow joins Trumponomics host Stephanie Flanders to challenge that sales pitch, arguing that AI may be useful without delivering the cost savings or profits investors expect &mdash; and warning of the consequences for workers, markets and the wider economy if the boom ends badly.

Cory Doctorow Says Be Skeptical of the AI Sales Pitch

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d0861838-64fc-4476-983f-b4c001583809/transcript

In the US-China trade conflict, rare earth metals are Beijing's ultimate trump card. Last year, China ramped up restrictions on these key industrial elements, spooking industry, and forcing the US to
climb down. Since that wake-up call, the US has worked hard to reduce its dependence on China. It has spent huge sums backing mining companies, penned eye-catching deals and moved to collaborate with allies. But after a little more than a year, how much progress has it made in breaking China’s hold on the rare earths supply chain? 

Featuring: Abigail Hunter of the SAFE Center for Critical Minerals Strategy; Gracelin Baskaran of the Critical Minerals Security Program at the Center for Strategic and International Studies; Cory Combs of Trivium China; and FT commodities correspondent Camilla Hodgson.

Subscribe to the show on Apple, Spotify, Pocket Casts or wherever you listen.

In the US-China trade conflict, rare earth metals are Beijing's&nbsp;ultimate trump card. Last year, China ramped up restrictions on these&nbsp;key industrial elements, spooking industry, and forcing the US to climb down. Since that wake-up call, the US has worked hard to reduce&nbsp;its dependence on China. It has spent huge sums backing mining&nbsp;companies, penned eye-catching deals and moved to collaborate with&nbsp;allies. But after a little more than a year, how much progress has it&nbsp;made in breaking China&rsquo;s hold on the rare earths supply chain?&nbsp;
Featuring: Abigail Hunter of the SAFE Center for Critical Minerals Strategy; Gracelin Baskaran of the Critical Minerals Security Program at the Center for Strategic and International Studies; Cory Combs of Trivium China; and FT commodities correspondent Camilla Hodgson.
Subscribe to the show on Apple, Spotify, Pocket Casts or wherever you listen.

"The Economics Show": Breaking China’s rare earths chokehold

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/aeff7b0f-76d8-4b83-919f-b4b100b3864c/transcript

Here's What Happens When a Chinese Firm Buys a Closed GM Plant

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