Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US President Donald Trump floated an 80% tariff on China ahead of negotiations due to begin Saturday as he urged Beijing to do more to open their markets to US goods.“80% Tariff on China seems right! Up to Scott B,” Trump said in a social-media post Friday morning, referring to Treasury Secretary Scott Bessent. “CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!! CLOSED MARKETS DON’T WORK ANYMORE!!!,” he said in a separate post.Bessent and US Trade Representative Jamieson Greer are set to begin talks with Chinese Vice Premier He Lifeng in Switzerland this weekend, the first public discussions between the world’s two largest economies on defusing a trade war that has seen Trump impose 145% levies on China and Beijing retaliate with 125% duties on many American goods.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Wiley Rein National Security Practice Group Lead and Former Assistant Secretary for Industry & Analysis at the International Trade Administration Nazak Nikakhtar. Bloomberg's Erik Wasson and Wendy Benjaminson. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Greenwich Media Strategies Founder and CEO Hagar Chemali. See omnystudio.com/listener for privacy information.
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51:56
Cardinal Prevost Becomes First US Pope
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Cardinal Robert Francis Prevost was elected as Roman Catholic pontiff, the first ever pope from the US and a possible bridge between the moderate and hardline sides of a divided Church.Prevost, 69, chose the name of Leo XIV for his pontificate and was greeted by thousands of cheering faithful as he stepped out onto a balcony overlooking St. Peter’s Square to be presented to the world.“May peace be with you,” the new pope told a cheering crowd waving flags. The new leader inherits from his predecessor Pope Francis a church that is facing internal strife between progressives and conservatives over matters such as divorce and LGBTQ+ issues, while trying to navigate geopolitical tensions from Russia’s war in Ukraine to the conflict in the Middle East.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg Senior Editor Michael Shepard is in for Joe. Kailey and Joe speak with: Mary C. Boys, Professor of Practical Theology at Union Theological Seminary. See omnystudio.com/listener for privacy information.
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15:48
Bessent Clashes With House Democrats
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Treasury Secretary Scott Bessent, as top spokesman for President Donald Trump’s economic policies, endured a sometimes-fiery hearing at the House Wednesday, peppered with Democratic legislators’ objections to initiatives including DOGE and tariff hikes on consumer products.In his first exchange with Maxine Waters, Bessent was queried on a lack of a face-to-face meeting with the top Democrat on the House Financial Services Committee.“This is the first time we’ve met — is that correct?” Waters said at the hearing. Bessent responded, “No ma’am — we actually met one New Year’s Eve in the Bahamas.”Waters, who chaired the committee when the Democrats held the majority, said, “He didn’t make an impression.” The Treasury chief then quipped, “You were much better at the electric slide than I was.”Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, they speak with: Bloomberg Washington Correspondent Tyler Kendall. Republican Congressman Greg Murphy of North Carolina. Bloomberg National Security Reporter Courtney McBride. Groundwork Collaborative Managing Director of Policy and Advocacy. See omnystudio.com/listener for privacy information.
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25:29
Trump, Canada's Carney Meet at the White House
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US President Donald Trump said he would prescribe tariff levels and trade concessions for partners looking to avoid higher duties, appearing to move away from the idea that he would engage in back-and-forth negotiations.“We’re going to put very fair numbers down, and we’re going to say, here’s — what this country, what we want. And congratulations, we have a deal. And they’ll either say ‘great,’ and they’ll start shopping, or they’ll say, ‘not good,’” Trump said Tuesday at the White House as he met with Canadian Prime Minister Mark Carney. “It’s going to be a very fair number, it’ll be a low number. We’re not looking to hurt countries,” he added.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg Correspondent David Gura hosts. David speaks with: Bloomberg Executive Editor for Canada Derek Decloet. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Former US Ambassador to Canada Bruce Heyman. Bloomberg US Treasury Reporter Daniel Flatley. See omnystudio.com/listener for privacy information.
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28:11
Trump Suggests Trade Deals Are Coming Soon
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher US import duties.“It could very well be,” Trump told reporters on Sunday when asked whether any trade agreements were coming this week. He didn’t specify any countries.“We’re negotiating with many countries, but at the end of this, I’ll set my own deals — because I set the deal, they don’t set the deal,” Trump said aboard Air Force One. “You keep asking the same question: ‘When will you agree?’ It’s up to me, it’s not up to them.”Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Democratic Governor Michelle Lujan Grisham of New Mexico. Bloomberg Politics Contributor Jeanne Sheehan Zaino and Echo Canyon Consulting CEO Jon Seaton. Bloomberg Deputy Washington Bureau Chief Laura Davison. Bloomberg Managing Editor for Media and Entertainment Lucas Shaw. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. See omnystudio.com/listener for privacy information.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
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