This week, we ask what it is exactly US President Donald Trump may be trying to accomplish with his tariff threats and trade wars. Stephanie Flanders, Bloomberg’s head of government and economics, is joined by Anna Wong, chief US economist at Bloomberg Economics, and Bloomberg reporter Shawn Donnan, who covers economics and trade policy, to discuss. 

This week, we ask what it is exactly US President Donald Trump may be trying to accomplish with his tariff threats and trade wars. Stephanie Flanders, Bloomberg&rsquo;s head of government and economics, is joined by Anna Wong, chief US economist at Bloomberg Economics, and Bloomberg reporter Shawn Donnan, who covers economics and trade policy, to discuss.&nbsp;

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

What Is Trump's Endgame With Tariffs? 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f1547ef2-d3f7-487f-a65e-b27b0121ba37/transcript

When the Trump administration posted its 29-page national security strategy on Dec. 5, it presented foreign governments with a jarring reinterpretation of America’s place in the world and how it sees traditional allies. On this episode of Trumponomics, host Stephanie Flanders, along with Adam Farrar, senior geoeconomics analyst for Bloomberg Economics, and Shawn Donnan of Bloomberg News, discusses how the White House broadside appears to reorder US priorities. In particular, they analyze its clear message that—to Donald Trump—economic power isn’t just a component of US national security; it is national security.

When the Trump administration&nbsp;posted its 29-page <a href="bbg://news/stories/T6T8FNT96OSG" data-web-url="https://www.bloomberg.com/news/articles/2025-12-05/trump-s-national-security-strategy-veers-inward-in-telling-shift" data-cke-saved-href="bbg://news/stories/T6T8FNT96OSG">national security strategy</a>&nbsp;on Dec. 5, it presented foreign governments with a jarring reinterpretation of America&rsquo;s place in the world&nbsp;and how it&nbsp;sees traditional allies. On this episode of Trumponomics,&nbsp;host Stephanie Flanders, along with Adam Farrar,&nbsp;senior geoeconomics analyst for Bloomberg Economics, and Shawn Donnan of Bloomberg News, discusses how the White House broadside appears to reorder&nbsp;US priorities. In particular, they analyze its clear message&nbsp;that&mdash;to Donald Trump&mdash;economic power isn&rsquo;t just a component of US national security; it is&nbsp;national security.

How Trump Sees Economic Survival at the Heart of National Security

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/98796f94-1506-4136-b8ac-b3af01826c3b/transcript

US President Donald Trump may soon name Kevin Hassett as the next Fed chair, subject to Senate confirmation. So what happens if he gets the job when Jerome Powell's term ends next year? On this episode of Trumponomics, host Stephanie Flanders, Bloomberg Economics Chief US Economist Anna Wong and Washington correspondent Saleha Mohsin unpack why Hassett has emerged as the likely pick, and what it could mean for markets, interest rates and the Fed’s independence.



For more, Anna Wong's Interview with Kevin Hassett: 
https://www.youtube.com/watch?v=ECFNeNqKQOM

US President Donald Trump may soon name Kevin Hassett as the next Fed chair, subject to Senate confirmation. So what happens if he gets the job when Jerome Powell's term ends next year? On this episode of&nbsp;Trumponomics, host Stephanie Flanders, Bloomberg Economics Chief US Economist Anna Wong and Washington correspondent Saleha Mohsin unpack why Hassett has emerged as the likely pick, and what it could mean for markets, interest rates and the Fed&rsquo;s independence. 
For more, Anna Wong's Interview with Kevin Hassett:&nbsp; <a href="https://www.youtube.com/watch?v=ECFNeNqKQOM">https://www.youtube.com/watch?v=ECFNeNqKQOM</a>

What Happens If Kevin Hassett Becomes Fed Chair?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/830fef20-7e2f-40c4-a379-b3a8015cf71b/transcript

On this episode of Trumponomics, host Stephanie Flanders sits down with Singapore Foreign Minister Vivian Balakrishnan to unpack the shifting dynamics of global trade in an era of US protectionism and rising geopolitical tension.

From Donald Trump' retreat from America's postwar role to the deepening lack of trust between Washington and Beijing, Balakrishnan explains why today’s economic disruptions are less a sudden storm than “geopolitical climate change.” Yet amid fractured supply chains and rising uncertainty, he offers a note of optimism—highlighting how Asia, Europe and other mid-sized economies are forging new alliances to keep globalization alive.

On this episode of Trumponomics, host Stephanie Flanders sits down with Singapore Foreign Minister Vivian Balakrishnan to unpack the shifting dynamics of global trade in an era of US protectionism and rising geopolitical tension.
From Donald Trump' retreat from America's postwar role to the deepening lack of trust between Washington and Beijing, Balakrishnan explains why today&rsquo;s economic disruptions are less a sudden storm than &ldquo;geopolitical climate change.&rdquo; Yet amid fractured supply chains and rising uncertainty, he offers a note of optimism&mdash;highlighting how Asia, Europe and other mid-sized economies are forging new alliances to keep globalization alive.

Live from Singapore: Keeping Globalization Alive Amid 'Geopolitical Climate Change'

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/930ab047-f6f5-4834-aef6-b3a1015e87be/transcript

What Is Trump's Endgame With Tariffs?

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