Trump Got an ‘Amazing’ Meeting. China Got Much-Needed Time
On Thursday, President Donald Trump and President Xi Jinping of China announced a one-year truce in their trade war, capping six contentious months of negotiations and retaliatory tariffs between the world’s two largest economies. On today’s Big Take podcast, Bloomberg’s Global Trade Editor Brendan Murray and Executive China Editor John Liu join host David Gura to parse the details of the new US-China trade agreement — and why both countries are moving forward without a permanent deal. Read more: Trump and Xi Put Limits on Their Trade War in a ‘12 Out of 10’ SummitSee omnystudio.com/listener for privacy information.
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An American Toymaker Struggles to Break Up With China
The US-China tariff war has upended global manufacturing, forcing companies like Chicago-based Learning Resources to fundamentally change how and where its products are made. On today’s Big Take Asia podcast, K. Oanh Ha heads to Vietnam, where the toymaker has begun shifting the production of its popular children’s toys. We examine how the company is managing its complex shift from China – where its toys have been made for decades – what the factory boom means for communities on the ground in Vietnam and how all of this will impact consumers. Further listening: The American Toymaker Suing Trump Over Destructive TariffsXi’s Top Bargaining Chip Is a Trade War Game ChangerSee omnystudio.com/listener for privacy information.
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Xi’s Top Bargaining Chip Is a Trade War Game Changer
China’s dominance of rare earths has given Xi Jinping powerful leverage over Donald Trump ahead of their expected meeting next week. On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Daniel Ten Kate dig into how China is weaponizing rare earths and what the economic standoff means for a trade deal and the future of US-China relations. Read more: Xi Is Never Giving Up His Newfound Leverage Over TrumpFurther listening: Xi’s Bromance Diplomacy Is Challenging Trump’s World OrderThe Rebel Army Behind One of the World’s Major Rare-Earth SuppliesSee omnystudio.com/listener for privacy information.
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What’s Driving The Rush to Invest in Gold
Gold always shines during uncertain times, but escalating tensions between the US and China and signals from the Federal Reserve that the US could see at least one more rate cut this year have propelled gold – and silver – to record highs. This week on the Big Take, Bloomberg precious metals reporter Jack Ryan and host Sarah Holder talk about what’s pushing up gold’s value — and what history can teach us about how this gold rush could end. Read more: Gold (XAUUSD) Trades Near Record on Fed Rate-Cut Sign, US-China Tensions - Bloomberg See omnystudio.com/listener for privacy information.
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Having a Baby? This Company Will Give You $72,000
South Korean companies are offering workers tens of thousands of dollars (tax free) to have babies. But are cash incentives enough to address the country’s record-low fertility rates? K. Oanh Ha and Bloomberg’s Hyonhee Shin explore on today’s Big Take Asia podcast. Read more: Korean Companies Pay Employees Huge Sums to Have More KidsSee omnystudio.com/listener for privacy information.
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Om Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
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