Business
Trump to Double Steel Tariffs to 50% | Balance of Power: Late Edition 5/30/2025
“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, President Trump delivers remarks on US Steel deal in Pennsylvania. Guests include Fmr. Assistant US Attorney Nick Akerman, Senior Fellow for Intl. Economics at the Peterson Institute Mary Lovely, Senior Fellow at the Center for American Progress Jared Bernstein, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, and Republican Strategist Lisa Camooso Miller.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:52 – Bloomberg’s Josh Wingrove on Pres. Trump to Deliver Remarks on US Steel
00:05:58 – Bloomberg’s Wendy Benjaminson on Elon Musk Exits Trump Administration, Latest on Trump & China
00:11:18 – Nick Akerman, Fmr. Assistant US Attorney, on SCOTUS Lets Trump End 500K Migrants’ Legal Status, Tariff Ruling Significance
00:24:43 – Political Panel on Elon Musk Leaves Trump Admin., Musk Says This is Not the End of DOGE, DOGE Fails to Curb Spending
00:31:32 – Bloomberg’s Josh Wingrove on Pres. Trump Touring Steel Plant Prior to Rally
00:32:22 – President Trump Enters Pennsylvania Steel Plant Rally
00:34:30 – Mary Lovely, Senior Fellow for Intl. Economics at the Peterson Institute, on Chinese Controls of Critical Minerals
00:36:11 – President Trump Delivers Remarks on US Steel Deal in Pennsylvania
00:43:45 – Mary Lovely, Senior Fellow for Intl. Economics at the Peterson Institute, on Trump & US Steel Deal
00:47:35 – President Trump Delivers Remarks on US Steel Deal in Pennsylvania
01:07:34 – Political Panel on Reaction to Trump & US Steel Deal to Americans, Trump Raises Steel Tariffs to 50%
01:20:53 – President Trump Delivers Remarks on US Steel Deal in Pennsylvania
01:33:19 – Anchor Summary of President Trump Remarks on Steel Deal
01:34:09 – Jared Bernstein, Snr. Fellow at Economic Policy at the Center for American Progress, on What to Make of Deal
01:42:43 – Bloomberg’s Josh Wingrove on Details of US Steel Deal, Is Deal a Partnership or Merger
01:44:39 – Political Panel Reaction on How Pres. Trump Is Selling Japanese Own US Steel Deal to Americans, Tax Bill Latest
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Business
SpaceX IPO Is Troubling Sign for Markets, Chanos Says
Veteran short seller James Chanos says the SpaceX mega IPO is a troubling sign for the broader markets. He says “we’re going to shatter” records this year when it comes to IPOs. He speaks to Tom Keene and Scarlet Fu on “Bloomberg Money.”
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Business
Industries, Labor Market Grapple With AI Future | Bloomberg Businessweek Daily 6/9/2026
Today, Mark Gurman, breaks down Apple’s artificial intelligence revamp and what it tells customers and investors about future moves from the tech giant. Then, Olaolu Aganga, head of portfolio construction and analytics at Citi Wealth, discusses market volatility as chip stocks sell off amid developments in Iran. Plus, Jeff DiLullo, CEO at Philips North America, discusses how Philip’s new report on how AI is changing the health care space. Finally, former commerce secretary and 75th governor of Rhode Island Gina Raimondo talks building up AI infrastructure in the US and how to keep changing technology from negatively impacting workers.
Chapters:
00:00:00 – Bloomberg Businessweek Daily
00:04:36 – Apple Delays Siri AI in EU, Says Regulators Won’t Engage
00:07:03 – Apple Debuts Next-Generation AI Platform, Including New Siri
00:08:24 – Apple Investors Give Lukewarm Reaction to New AI Features
00:09:14 – Apple’s iOS 27 Is Filling with Hints About Its Foldable iPhone
00:11:38 – Olaolu Aganga, Head of Portfolio Construction and Analytics at Citi Wealth, Discusses Market Volatility
00:21:01 – Doctors, Patients Look to AI for Future of Health Care
00:21:39 – Philips North America Ceo Jeff Dilullo, Discusses How Philip’s New Report on How AI Is Changing the Health Care Space
00:25:23 – Philips Reports Finds More Clinicians Using AI
00:36:17 – Google’s Backstop Underpin $35 Billion Chip Deal for Anthropic
00:38:04 – Former Commerce Secretary and 75th Governor of Rhode Island Gina Raimondo Talks Building Up AI Infrastructure in the US
00:41:15 – Business, Entry Level Workers Feel Impact of AI Advancement
00:42:38 – China Preps $295 Billion Plan to Fund Nationwide AI Buildout
——–
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Business
SpaceX, Peace Talks Clear Way for Rally: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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Business
AI Disruption Fears Spread to China, Asian Markets | The China Show 2/11/2026
“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
00:04:36 – AI‑disruption fears hit wealth‑management stocks
00:10:27 – Alibaba pushes into robotics AI
00:14:07 – What to watch in Greater China today
00:15:23 – Breaking: Yuan reference rate at 6.94 per USD; est. 6.91
00:16:04 – MSCI says 64 additions to ACWI Index
00:17:31 – ChinaAMC’s Yimei Li on market sentiment
00:23:31 – Breaking: China’s factory deflation eases more than forecast
00:25:22 – ChinaAMC’s Yimei Li on blue chips, value stocks
00:35:33 – Bullish’s Tom Farley on crypto outlook
00:44:52 – China’s factory deflation eases more than forecast
00:48:00 – Morgan Stanley’s Robin Xing on China’s economic outlook
00:59:18 – Opinion: Strong yuan is in China’s national interest
01:08:32 – SMIC in focus after 4Q net‑income miss
01:14:36 – MSCI says 64 additions to ACWI Index
01:17:10 – Opinion: No tech fatigue in ‘Squid Game stock market’
01:21:09 – Ant bets on AI health in $69B sector race
——–
More on Bloomberg Television and Markets
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Business
Markets Are Betting Big on AI. This Harvard Professor Isn’t So Sure
With markets near record highs, driven by demand for artificial intelligence, it certainly seems that investors are betting big on AI growth.
On this episode of the Odd Lots podcast, Gita Gopinath — Harvard economics professor and the former first deputy managing director of the IMF — joins Joe Weisenthal and Tracy Alloway to discuss the possibility of a perfectly productive world driven by AI, free of social unrest.
——–
More on Bloomberg Television and Markets
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