President Donald Trump is pressuring South Korea over trade and security while making public overtures to Kim Jong Un. #trump #northkorea #kimjongun #southkorea #news #usa #politics #world

South Korean President Lee Jae Myung is airing grievances over stalled talks with the US about Seoul’s ambitions to acquire its first nuclear-powered submarine.

Trump is pushing for a high-stakes meeting with Kim as soon as this autumn, which could undermine South Korean public belief in the reliability of the US as an ally if Lee is not consulted.

Read more: https://www.bloomberg.com/news/articles/2026-08-18/trump-plays-kim-jong-un-card-to-pressure-south-korea-over-trade

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Former heavyweight champion Mike Tyson discussed his new business venture partnering with Sugar Factory to produce high-protein sliders available in grocery stores. Tyson emphasized the health benefits of these sliders compared to typical frozen options that often contain unhealthy seed oils and excessive grams of fat. He speaks with Romaine Bostick on “The Close.”
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Rebecca Patterson, senior fellow at the Council on Foreign Relations and former chief investment strategist at Bridgewater Associates, joins Scarlet Fu and Tom Keene on “Bloomberg Money.”
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet, Fu, Isabelle Lee, Carol Massar and Joe Deaux.
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – Bloomberg: The China Show opens
00:02:52 – US threatens Iran’s trading partners with sanctions
00:07:50 – US, China said to be extending trade truce
00:10:33 – Chip rout weighs on Asian markets
00:14:30 – SWS Research’s Yi Dong on Alibaba’s share rebound
00:25:51 – SWS Research’s Yi Dong on why he prefers high-dividend stocks
00:28:59 – How Xiaomi’s AI mobile chip stacks up against the competition
00:30:53 – PDD shares slip after a mixed second-quarter earnings report
00:33:51 – China’s IPO boom masks broader market weakness
00:40:52 – Guggenheim’s Anne Walsh on the buying opportunity in US Treasuries
00:47:28 – Will Scott Bessent’s sanctions threat reduce Iran’s leverage over Hormuz?
00:55:45 – Leapmotor’s Michael Wu on the EV maker’s delivery targets
01:09:57 – JLL’s Cathie Chung on why Hong Kong’s luxury residential rents will continue to rise
01:19:53 – Beijing projects resilience despite slowing growth
01:24:25 – How South Korea is using AI to upgrade its cultural exports
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