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Trump Wants China Concessions, Shein Hikes US Prices | Bloomberg: The Asia Trade 4/28/25

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:12 – Trump doubtful on another tariff pause, wants China concessions
00:06:29 – Shein hikes US prices as much as 377% ahead of tariff increases
00:13:36 – Zelenskiy has hopeful meeting with Trump at Vatican
00:17:41 – Hinrich Foundation’s Deborah Elms on trade war
00:23:38 – Canada heads to the polls for the federal election
00:28:56 – Poll shows Australia’s Labor on track to win May 3 election
00:34:52 – Former Bank of Japan board member Sayuri Shirai on tariff impact on BOJ policy
00:46:53 – Markets open in Australia, Japan & South Korea
00:50:08 – Principal Asset Management’s Todd Jablonski on market strategy
00:58:05 – Politburo to shed light on Xi’s plans for trade war stimulus
01:06:12 – Trump rebukes Putin after meeting with Zelenskiy
01:09:29 – Breaking: Toyota Industries shares set to rise by daily limit of 23%
01:12:16 – Global money managers are reluctant to return to Chinese stocks
01:19:19 – Tariff anguish engulfs Chinese banks ahead of earnings reports
01:22:24 – Akio Toyoda said to plan record Toyota Industries buyout
01:25:55 – China’s Momenta says they are not worried about US chip restrictions
01:29:38 – BYD first-quarter profit soars, beating Tesla
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SpaceX IPO Sparks Anticipation for OpenAI and Anthropic

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The capital influx from the SpaceX IPO, which ended its first week of trading up 37% from its IPO price, highlights strong investor enthusiasm. Bloomberg Radio host of “Masters in Business” Barry Ritholtz comes on Bloomberg This Weekend to discuss the potential impact of this enthusiasm on the upcoming IPOs of OpenAI and Anthropic, expected to go public in the near future.
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UK’s Rachel Reeves calls for ‘cool heads’ on #Greenland #Davos #WEF2026

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“I would just urge people to keep cool heads”
UK Chancellor Rachel Reeves calls for calm on Greenland in conversation with Francine Lacqua

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Apple’s Sweeping Price Hikes Hit iPads and Macs

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Apple shares fell after it raised prices of all Macs, iPads, home devices and the Vision Pro on Thursday, seeking to offset cost hikes caused by an unprecedented shortage of memory chips and storage. Ed Ludlow explains.
——–
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Amazon Advances Prime Day by One Month Amid AI Shift

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Amazon has moved its annual Prime Day sales event up by one month. The event is strategically important for Amazon as it aims to capture consumer spending, especially in a market where discretionary dollars are tightening and AI is increasingly influencing shopping behavior. Senior E-commerce and retail analyst for Bloomberg Intelligence Poonam Goyal explains the importance of Prime Day for Amazon to David Gura and Christina Ruffini on Bloomberg This Weekend.
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NATO Secretary General Mark Rutte on Oval Office Meeting | Balance of Power 06/24/2026

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Sen. Catherine Cortez Masto, a Nevada Democrat and member of the Senate Banking and Finance Committees, reacts to President Trump’s last-minute cancellation of a scheduled signing for a bipartisan housing bill as he pushes the SAVE America Act. NATO Secretary General Mark Rutte discusses his Oval Office meeting with President Trump, Ukraine’s progress in its war with Russia, Trump’s push to get NATO in “better shape,” and Europe’s efforts to take on more responsibility for its own defense.

Chapters:

00:01:45 Bloomberg’s Jeff Mason on Trump: War Powers Vote is ‘Meaningless’
00:04:42 Bloomberg’s Steven Dennis on Shouting Match During Trump GOP Lunch on The Hill
00:08:23 Bloomberg’s Ed Ludlow on Micron Forecast Shatters Estimates
00:10:56 Power Moves: Top Financial Moves
00:15:07 Senator Catherine Cortez Masto (D-NV) on Trump Cites “National Emergency” in Push for SAVE Act
00:19:54 Sen. Catherine Cortez Masto (D-NV) on Trump, Asked on DOJ Oil Probe, Names Chevron, BP, Exxon Mobil
00:24:55 Bloomberg’s Michael Shepard on Anthropic Accuses Alibaba of ‘Illicitly’ Accessing AI Models
00:29:00 Political Panel Reacts: Mamdani Political Clout, Shouting Match at Trump GOP Lunch
00:36:50 NATO Secretary General Mark Rutte on Meeting with President Trump
00:41:05 NATO Sec. Gen. Mark Rutte on Ukraine Doing Better Thanks to US Support
00:51:26 Political Panel Reacts: Mark Rutte Oval Office Meeting, Patriot Missile Production
——–
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