Trump Threatens Canada with Tariffs Over Wildfires; Moonshot Roils Markets

Summary

Bloomberg This Weekend – Episode Summary

Episode: Trump Threatens Canada with Tariffs Over Wildfires; Moonshot Roils Markets
Date: July 18, 2026
Hosts: David Gura, Christina Raffini, Alexis
Notable Guests: Josh Wingrove (Bloomberg White House/Canadian Correspondent), Mike Shepard & Minman Low (Bloomberg, Asia/Tech), Jonathan Wilson (Sports Columnist), U.S. Trade Representative Jameson Greer

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Overview

This episode dives into the Trump administration’s intensifying trade rhetoric, with a surprise focus on Canada over wildfire management and a looming new tariff threat. International competitive tensions are further explored through the lens of a major Chinese AI breakthrough and resultant market jitters. The show also breaks down developments in Russia sanctions legislation, sheds light on U.S.-China trade dynamics, and explores controversies swirling around FIFA’s Infantino and the evolving culture around the World Cup. Additional segments touch on lifestyle shifts among wealthy Americans, the surprising rise of birding among younger generations, and new health research.

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Key Discussion Points & Insights

1. U.S. Strikes, Foreign Policy Focus, and the “Run, Darlene, Run” Senate Race

Timestamps: [02:40–06:07]

• President’s focus seems to have drifted from foreign policy crises like Iran and Ukraine to more domestic and political matters.
• The administration’s ambiguity is apparent: “He’s keeping it ambiguous... ramping up options... As you know, we have always been on guard on weekends in particular. It seems like that’s really when the American attacks seem to peak up.” – Josh Wingrove [03:09]
• “He sort of got bored of talking about that and has focused on other things. And so right now we just continue to be watching this day by day and there’s no kind of end in sight.” – Josh [03:37]
• Analysis of the president’s endorsement of Lindsey Graham’s sister, now interim senator in South Carolina. His continued grip over and influence on the GOP is underscored.
• “Trump will continue to have a very, very strong influence over the party, over its primaries, over the actions its leaders take, whether he’s president or not, for quite some time.” – Josh [05:32]

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2. Trump Threatens Tariffs on Canada Due to Wildfires

Timestamps: [06:07–09:06]

• President Trump, via Truth Social, argues for tariffs on Canadian goods, blaming Canada’s "refusal to engage in basic forage management and debris removal" for seasonal smoke affecting the U.S. [06:43]
• Echoes prior statements made about California wildfires.
• Notable quote:
  “The notion of Canada, you know, vacuuming the floor of its boreal forest or whatever. I mean, obviously, like, there's always not much you can do to take this seriously, though... This long-standing cooperation between these two countries in those infamous California fires. It was Canadian water bombers.” – Josh Wingrove [07:21]
• Canadian officials are already pushing back; risk of real diplomatic strain.
• Potential for escalation: While much US-Canada trade is tariff-free under USMCA (Kuzma in Canada), Trump “could adjust that exemption… raise the baseline tariff through 301 investigations… or adjust sectoral tariffs to crank up tariffs on autos or steel.” – Josh [08:00]
• Canada’s current low effective tariff rate is a critical strategic factor.

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3. Chinese AI “Moonshot” Shocks Markets; U.S. Tech’s Dilemma

Timestamps: [09:34–15:27]

• China’s Moonshot AI announcement roils global tech stocks—semiconductors tumble as investors fear U.S. is falling behind in the global AI race.
• China’s government is aggressively investing in AI as a new economic engine, moving away from fading sectors.
• “They are pouring a lot of investments to provide patient capital to groom all these startups in this sector. It’s all part of the five year plan…” – Mike Shepard [09:54]
• President Xi’s speech at the World AI Conference emphasized multilateral approach, called AI a global public good, and led to the creation of the World AI Cooperation Organization with 29 countries signing up.
• “Xi positioning himself as this leader of the global south, advocating for bridging the digital divide.” – Mike Shepard [11:23]
• Comparison: China’s coherent long-term plan vs. America’s fragmented regulatory approach.
• U.S. AI firms favor clear, consistent regulation and are wary of ad-hoc bans/export controls (e.g. OpenAI, Anthropic, Fable 5 export restrictions).
• “They would like to see a more coherent framework... a FINRA-like model... so they can have a clear path forward with the government.” – Minman Low [12:34]
• U.S. chip demand remains intense through 2030, with Nvidia and others banking on new growth markets like the UAE.
• Narratively, “Xi Jinping laying something that is very multilateral and President Donald Trump arguing one that is very much America first…” – Minman Low [14:46]

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4. Russia Sanctions Bill: Lindsey Graham’s Legacy

Timestamps: [18:27–21:05]

• The Senate Russia sanctions bill, honoring late Senator Lindsey Graham, dominates the legislative agenda, earning 84 co-sponsors.
• Includes powerful tools: up to 100% tariffs on countries importing Russian oil, expanded sanctions authority.
• “There are a lot of elements to this bill... designed to give the President discretion to deploy pressure on Russia and those who are supporting Russia.” – U.S. Trade Rep. Jameson Greer [19:03]
• Trump is “careful” with sanctions/tariffs to apply pressure without destabilizing the path to a potential peace deal. [19:51]
• Ongoing investigations under Section 301—particularly those related to forced labor and structural excess capacity—hint at more tariff actions soon, especially with current tariffs set to expire July 24.

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5. Rare Earths, Pharmaceuticals, and Transshipment Risks

Timestamps: [23:21–27:17]

• China remains a problematic but necessary supplier of rare earths; U.S. is working to increase domestic production, e.g. new facilities in Utah.
• “We don’t have factories shutting down because they don’t have [rare earths]. But again, we really want to be in a position… where we had a regular flow of rare earths.” – U.S. Trade Rep. Greer [23:31]
• 17 major pharmaceutical companies have committed to “reshore” manufacturing in the U.S., an upside of current industrial policy shifts.
• The administration is cracking down on “transshipment”—when goods from China are rerouted via other nations to dodge tariffs, especially via Mexico and Vietnam.
• “They’ve already found $1 billion in customs fraud. And some of that is transshipment.” – U.S. Trade Rep. Greer [25:53]
• Looking ahead to President Xi’s planned visit to the U.S. in September; the main deliverable: maintaining stability and reviewing progress on agriculture, rare earths, and structural reforms.

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6. FIFA Controversy: Infantino’s Long Shadow

Timestamps: [31:22–37:28]

• FIFA president Gianni Infantino under fire: for clientelism (vote-buying via committee expansion and payouts), questionable disciplinary interventions that benefit top stars, and the federation’s opaque financial practices.
• Notable quote: “It’s basic clientelism… Each committee brings with it a stipend and… if you’re the delegate from Country X… I’m getting this lovely bunch of money and why am I going to vote against a president who brings that to me?” – Jonathan Wilson [32:34]
• World Cup inclusivity claims undermined by visa rejections for African fans/journalists and internal FIFA scandals.
• Infantino remains locked in via support from nearly all national federations, but legitimacy and integrity concerns are rising.
• “If the world loses faith, then sport doesn’t work without favor. The dramatic twists at the end, if you think that might be scripted, well, then you’re watching… It’s not real.” – Jonathan Wilson [36:22]

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7. Lifestyle: Housing Market & Cultural Trends

Timestamps: [40:24–46:50]

• Blockbuster Release: “The Odyssey” debuts as the first all-IMAX film, stirring commentary about classical epics and accent choices in Hollywood. Fun banter about authenticity in historical movies.
• Real Estate Shift: Boomers and older Americans are “upsizing” rather than downsizing, holding more large homes, as “empty-nest” investment properties, making it harder for first-time buyers. [43:00]
  • “They account for 42% of home buyers, the largest share of any generation. Why… well, they bought their homes and their stocks decades ago and those assets have appreciated.” – David Gura [43:35]
• Birding Boom: The once-retirement stereotype of bird watching is shattered as Millennials and Gen Z embrace it. National Audubon Society chapters exploded from 10 to 117 since 2019.
• Coffee’s Health Perks: New study links heavy coffee consumption (5+ cups/day!) to a sharply reduced risk of liver cancer. [45:15]

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Notable Quotes & Moments

• “Trump will continue to have a very, very strong influence over the party, over its primaries, over the actions its leaders take, whether he’s president or not, for quite some time.” (Josh Wingrove, 05:32)
• “The notion of Canada, you know, vacuuming the floor of its boreal forest… there’s always not much you can do to take this seriously…” (Josh Wingrove, 07:21)
• “Xi positioning himself as this leader of the global south, advocating for bridging the digital divide.” (Mike Shepard, 11:23)
• “They would like to see a more coherent framework... a FINRA-like model... gives them a clear path forward…” (Minman Low, 12:34)
• “It’s basic clientelism… I'm getting this lovely bunch of money and why am I going to vote against a president who brings that to me?” (Jonathan Wilson, 32:34)
• “If the world loses faith, then sport doesn’t work without favor…” (Jonathan Wilson, 36:22)
• “They account for 42% of home buyers… Why, you ask? Well, they bought their homes and their stocks decades ago and those assets have appreciated.” (David Gura, 43:35)

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Segment Timestamps Guide

| Topic | Start | End | |------------------------------------------|----------|----------| | Iran/U.S. foreign policy | 02:40 | 06:07 | | Canada wildfires/tariffs | 06:07 | 09:06 | | China AI “Moonshot”/market impact | 09:34 | 15:27 | | Russia sanctions bill | 18:27 | 21:05 | | Trade: Rare earths, Pharma, Transshipment| 23:21 | 27:17 | | FIFA/Infantino controversy | 31:22 | 37:28 | | Lifestyle: Housing, Birding, Coffee | 40:24 | 46:50 |

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Overall Tone

• Conversational yet analytical.
• Blends hard policy news with cultural color and humor.
• Critical but not dour; hosts tease each other and guests amiably, especially in lifestyle segments.

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This summary provides a roadmap for listeners and non-listeners alike to grasp the main news, political, economic and cultural crosswinds explored in this episode.

Transcript

[U.S. Trade Representative]

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[Christina Raffini]

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[Optum Representative]

Bloomberg Audio Studios podcasts Radio News welcome to

[Christina Raffini]

the Bloomberg this Weekend podcast with David

[Optum Representative]

Gura, Christina Raffini and Lisa Mateo.

[Christina Raffini]

Thanks for joining us for today's selection of conversations from the show.

[Alexis]

You can listen to our favorite discussions right here on the podcast, but also make sure to join us live every Saturday and Sunday morning starting at 7am Eastern.

[Christina Raffini]

We're on Bloomberg Television Radio and the

[David Gura]

Bloomberg Business app, bringing you unique takes and in depth interviews on news, politics, lifestyle and culture.

[Alexis]

This morning, Iran says the United States struck a desalination plant in the southern part of the country, leaving 20 villages without water. As Alexis mentioned, the intensification comes on the seventh night of attacks. Bridges and tunnels also targeted.

[Christina Raffini]

Bloomberg White House correspondent Josh Wingrove is in New Jersey where the president is waking up this morning. Josh, where is the president's head on all this? What have you heard from White House officials? Is there a plan or is this the new normal for, for the foreseeable future?

[Josh Wingrove]

Well, they're keeping it ambiguous. You know, there's some reporting that he's considering ramping up options. Axios, for instance, reporting that they've moved tankers, air tankers back into the region to prepare for a potential escalation of airstrikes. So he seems to be keeping options on the table, but where we'll see that go, we don't know. As you know, we have always been on guard on weekends in particular. It seems like that's really when the American attack seemed to peak up. So, you know, we'll see if we see something later today. It's too soon to say. I think more broadly, as we've discussed before, the president sort of has been deemphasizing this in his remarks and kind of appears frankly, you know, focused on other things right now. And he's we've seen this before, of course, with Ukraine as well. He sort of got bored of talking about that and has focused on other things. And so right now we just continue to be watching this day by day and there's no kind of end in sight. And it's unclear when, if at all, talks may resume or talks for talks may resume. We just start continuing to watch it

[Christina Raffini]

bit by bit, talking about the talks.

[Alexis]

That's talking about the talks, very diplomatic. Under the category of other things the president is watching or cares about, there is the run, Darlene run matter, his embrace of Lindsey Graham's sister, now the interim senator from the state of South Carolina, the president in a post on Truth Social, encouraging her to put her hat in the ring for the primary to get the seat permanently. What do you make of this? I confess I didn't know much about Lindsey Graham's sister before she was elevated to this position. But the president emphasizing his long relationship with her, his confidence in her, how is the president looking at her prospects and the importance of this race in particular?

[Josh Wingrove]

Joshua President likes loyalty in senators and in her speech when she became a senator, she talked about the importance of upholding his agenda. So if she's a trusted ally, it's perhaps not a surprise that the president, who's of course primaried or supported the primaries against a couple members of his current Senate conference, would value that. And so with his endorsement, I think he is sort of taking a bird in hand approach with Taking, you know, backing her and his endorsements have, of course, been very influential, if not decisive, across, you know, basically every state over the course of this cycle. And I think that's important to remember, too, because, you know, in other countries, maybe ones that are having trade tensions or whatnot, you're starting to see people talk, look over the horizon, right? Oh, well, you know, Trump will be gone in two and a half years and weather the storm until then and this and that. And maybe the Republican Party will shift and President Trump will continue to have a very, very strong influence over the party, over its primaries, over the actions its leaders take, whether he's president or not, for quite some time. And so I think we're seeing that with this. And there's some reporting that other major candidates are now sort of reconsidering or still considering whether they will jump into the race because running against a Trump endorsed candidate would be a significantly uphill battle.

[Christina Raffini]

Josh, since you are our senior Canadian correspondent, I do want to go back to.

[Josh Wingrove]

I'm sorry, sorry about the smoke.

[Christina Raffini]

Of course, of course.

[Alexis]

You just did that plan that I feel like.

[Christina Raffini]

No, no, no, no, no

[Josh Wingrove]

text.

[Christina Raffini]

You know, even though I'm, I'm still upset that David went to Aspen without me, he did talk to James and Greer there, talk about the trade policies. In the last hour, we were talking about kind of the incrementalism of having to negotiate one on one with all these countries the way they're trying to do this next round of tariffs. And the President is now threatening new tariffs on Canada because of the wildfires he posted. Canada has refused to engage in basic forage management and debris removal. Sounds familiar to what he said with California last year. Knowing that such refusal will lead to exactly this result. This is willful negligence that's capitalized and becoming a yearly occurrence, costing the United States billions of dollars, which cost of this pollution must of necessity be added to the tariffs Canada is currently paying.

[Alexis]

It's a complicated clause, by the way.

[Christina Raffini]

Yes, that's not easy to read. That's my second time and I did no better the second time. Josh, what is going on here? Does the President really need another foreign policy fight, especially one that could impact how much Americans pay for things, including cars and other items that come across the border?

[Josh Wingrove]

I mean, the notion of Canada, you know, vacuuming the floor of its boreal forest or whatever. I mean, obviously, like, there's always not much you can do to take this seriously, though. I mean, a Canadian national died fighting a forest fire this month in Colorado. This long Standing cooperation between these two countries in the those infamous California fires. It was Canadian water bombers. You saw some of the stuff Trump says get sort of goes off the back of Canada and Canadians. Other stuff they find particularly insulting. And I think this, this risks being in that second bucket because the country has spent so much time helping America fight its forest fires that the notion that this is sort of like their fault, no one wants to smoke over it. It's over. Canada too, of course, is, I think, going to prompt some blowback, frankly, is already prompting blowback from Canadian officials. And so whether we see this factor into these negotiations and whatever is unclear. Just remember where we are on this much. Most of the trade between Canada and us right now is tariff free because it's exempted under Kuzma or as the Canadians call it, and USMCA after the Americans call it. And so Trump could adjust that exemption. That's a big fear of industries in the US and in Canada, he could raise the baseline tariff through these 301 investigations, one of which is done, one of which is still in the hopper. Or he could try to adjust the sectoral tariffs to crank up tariffs on autos or steel, which are the two ones that are biting the Canadian economy in particular. So he does have avenues here if he wants. But it's also true that Canada has one of the lowest effective tariff rates in the world right now when it comes to accessing the US market. And so if the price of that is looking the other way when the President gets upset every now and then, maybe that's what the Canadians are gonna do.

[Alexis]

Kuzma. Kuzma, as it's called.

[Josh Wingrove]

Kuzma is what they call it, running

[Christina Raffini]

out of bandwidth for.

[Alexis]

Obviously, Ambassador Greer did use usmca.

[Christina Raffini]

Really? Oh, that's interesting.

[Josh Wingrove]

Yeah, I bet, I bet he did. Yeah. I'm mad at you, David. You made a lot of news in that interview. You complicated my evening.

[Alexis]

I'm sorry for that.

[Christina Raffini]

We're all mad at him. We'll unite forces. These Canadians and Americans are getting along well.

[Josh Wingrove]

That's right.

[Christina Raffini]

And our bitterness about your Aspen trip. Thanks, Josh.

[Alexis]

At the beginning of pool duty in New Jersey. Thank you very much for the time.

[Christina Raffini]

All right. The announcement of a powerful new AI model from Chinese startup Moonshot roiled markets on Friday.

[Alexis]

Tech stocks, specifically semiconductors, finished lower over concerns that the US may be losing ground in the global air race.

[Christina Raffini]

Earlier today we spoke with Bloomberg's Mike Shepard and Minman Low about China's push to become the new leader is definitely

[Mike Shepard]

an important priority for the Chinese government. In fact, they are grooming this entire sector as the next big export engine for China as the country transitions away from older industries like property, which is really in a big slump for several years now. So they are pouring a lot of investments to provide the patient capital to groom all these startups in this sector. And it's all part of the five year plan that China had laid out early this year. In March, at the two sessions, they have a plus plan where they want to encourage adoption of AI across all sectors of the economy over the next decade or so. And just to give you a sense of how important AI is, this World AI Conference in Shanghai is in the 9th edition. And I remember in the early years not many journalists would even bother attending, but now it's a completely different story. Even President Xi himself came to town to graze the event personally. And this really represents an upgrade to the status of this event which in previous in the last two years. It was attended by Premier Li. Li Chang, who is the number two leader in China. And Presidency gave this big speech this year. A lot of it was of course also a veiled message to the US as well, because he talked about how when it comes to AI governance, the world needs to take a multilateral approach. The world needs to learn from one another. And AI development shouldn't be a solo development of one country. And all over Chinese state media, you look at the Communist Party mouthpiece People's Daily, they have been publishing editorials about how tech and AI should not become a monopoly. It should really be treated as a global public good that is shared with the rest of the world. So again, Presidency positioning himself as this leader of the global south, advocating for bridging the digital divide. So he announced a few key initiatives including offering at least 5,000 training opportunities in AI for people in the developed countries and allowing them some 30 countries to tap into this AI powered meteorological system to safeguard their homes, for example. So really? And also, yes, a couple of days ago There were some 29 countries who signed up to be part of this China led group called the World AI Cooperation Organization and is just yet another platform that could give China more sway in shaping global air norms.

[Christina Raffini]

Mike, how does this impact American companies? I mean, obviously they're already down the road with a lot of these investments is there. They can't claw them back at this point, but they have to be looking at this and being very concerned. Is there a way for them to pivot? And then you also have the Trump administration starting to talk about Having a new regulatory agency specifically for AI, does that compound the difficulties American AI companies could now face?

[Minman Low]

Well, take the second part first there, Christina, because it's the latest and that was a scoop from last night from our team here in D.C. and the companies actually would welcome some sort of a coherent approach to AI safety reviews. And issue is, you know, they did not like the way that Anthropics, Fable 5 and Mythos 5 were essentially ordered off the market via export for controls over concerns that the guardrails on them weren't adequate. And we saw the same sort of pressure put on OpenAI, but the companies had felt that it was overboard and also kind of ad hoc in the approach. And they would like to see a more coherent framework. And what's taking shape is, you know, a FINRA like model one that would resemble what the broker dealer industry on Wall street faces, that it's an industry funded and not industry run, but certainly has a lot of input to how the rules of the road are set. And in this case, it would be the safety testing. And that would give them a little bit more of, I guess, a clear path forward when it comes to dealing with the government and how far they can take their models as they develop them. More broadly, though, the question of how companies are reading this moment, look, many of them are playing the long game. And all this week we heard from TSMC, they were reporting, look, we are seeing demand for AI chips and air hardware going through 2030. We are, it is going to be hard to meet. And that is a message that was echoed by SK Hynix during Ed Ludlow's interview with the CEO just last, just a little more than a week ago as they were making their public market debut here in the US and that it's a message that's been reinforced by Nvidia Chief Executive Officer Jensen Wong. They just see the demand from hyperscalers here in the US and even elsewhere as being off the charts. And Nvidia also caught a bit of a break and some of the other American companies caught a break too, with the declassification of the United Arab Emirates, which is trying to establish itself as a real center of development for AI. And they see that as a new market that they can break into and try to export the American tech stack. But really, do you see this contrast of visions of Xi Jinping laying something that is very multilateral and President Donald Trump arguing one that is very much America first, and it really doesn't have all the pieces together in the same way that you do see China putting on the table now just looking at

[Alexis]

that sell off, you saw Nvidia lose a lot of ground yesterday and Apple gaining a lot of ground. These two companies with huge market caps really vying for top spot there.

[Christina Raffini]

That dot meet in the middle there.

[Alexis]

Yeah, earnings coming up here. So we'll see what happens here in the week ahead. Stay with us for more on Bloomberg this weekend, right after this.

[The Hartford Insurance Representative]

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[U.S. Trade Representative]

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All right.

[Christina Raffini]

A Russia sanctions bill to honor the late Senator Lindsey Graham now has 84 co sponsors. It was one of Graham's last efforts to find a compromise aimed at trying to help end the war in Ukraine, imposing more tariffs on countries that buy Russian oil and gas and widening those mandatory sanctions.

[Alexis]

President Trump appears to be on board with that legislation.

[Christina Raffini]

Seriously thinking. And this is in honor of Lindsey.

[Jonathan Wilson]

This was his thing.

[Christina Raffini]

He wanted this more than any other thing.

[Jonathan Wilson]

You know, you know how he felt.

[Christina Raffini]

And there's a good chance that it gets done.

[Alexis]

I talked about this with US Trade Representative Jameson Greer at the Aspen Security Forum earlier this week.

[U.S. Trade Representative]

There are a lot of elements to this bill. There's a tariff element, there's a sanctions element, all of which are designed to give the President discretion to deploy pressure on Russia and those who are supporting Russia. So we've worked very constructively with the Senate on this. There are a lot of good things to be said about it. I just spoke with the President about it as well. So I think there's an openness there. I think we'll see within the next couple of days, you know, final views from the President on whether he wants to be supportive. I think that we have it in a pretty good place. I think it's meaningful that this is something that Senator Graham and I and Senator Blumenthal and others were working on up until his last days, and that that's meaningful as well.

[Alexis]

It would give the President the latitude to impose tariffs of up to 100%, as I understand it, on the largest importers of Russian oil. Any indication from him if he's prepared to do that, should this be passed?

[U.S. Trade Representative]

Well, I mean, I think, you know, when I talk to the President about this kind of issue, he wants to be careful about the way he deploys this kind of leverage. Geopolitics are very fragile, and this is something. Whether it's a tariff action or sanctions action or anything, it's something that the President thinks about very carefully. He certainly talks to me. He talks to Secretary Besson, Secretary Rubio, Secretary Ludnick. He talks to Everybody he talks to, people outside the government, he wants to hit the right spot of putting pressure on countries and putting pressure on Russia without creating more conflict or reducing the likelihood of a peace deal.

[Alexis]

The Section 122 tariff set to expire in just a couple of days, really

[U.S. Trade Representative]

a few days from now, July 24th.

[Alexis]

July 24th. All but certain that the 301 tariffs go into effect after that, or are we looking at perhaps a lapse kind of in coverage?

[U.S. Trade Representative]

I mean, the reality is the Section 301 investigations I'm doing, where we've proposed some tariffs, they're on their own track. We're moving quickly, deliberately, because we want to resolve the unfair trading practices that we're targeting with these investigations. So we're going to do them as soon as we can to get at these practices. You know, whether they're, you know, day before, day of day after. That's less important to us than making sure we're addressing these unfair trading practices and getting the leverage in place we need to resolve them.

[Alexis]

Do you have a timetable for when you're going to bring that report to the president when you might see them enacted?

[U.S. Trade Representative]

Well, we have a couple. Right. So we have a section 301 on forced labor targeting countries who don't ban the import of forced labor goods. We do in America. Other countries don't. Some have a law, but they don't necessarily enforce it. So we already have our report out on that. And so we can take action, I think, fairly quickly on that. Within the next few weeks. We have another investigations targeting a more compact group of countries on structural excess capacity. These are countries who have a. Typically have a big trade deficit with the world or a big, sorry, big trade surplus with the world or a big trade surplus with us. Or even if they don't, they may have practices that generate factories or production that are totally out of whack with global demand. So this is a quite intense project. I have dozens and dozens of attorneys and policy makers working on this to really examine all of these practices. So it takes a little longer time than doing this forced labor one, which is a little bit of a binary where you're looking at what do they have in place and are they enforcing it? This is more complicated, complex.

[Alexis]

Does that explain the delay entirely or how long it's taking? Or there's been reports that maybe China, the China issue is complicating it more than it is with the others?

[U.S. Trade Representative]

No, no, I don't think that's the case at all. Right. I mean, China is included in this structural excess capacity, section 301. The reality is it's a more complex investigation, and we have to make sure that we are hitting our milestones. You know, we've received a lot of comments from the public. We have to analyze those. We have to incorporate them into, to any responsive action we might take. So we're trying to make sure that we're actually living up to the letter of the law and the spirit of the law. We want to make sure that we're targeting these, you know, these unfair trading practices that have led to, frankly, offshoring in the US and an inability to build new factories. At times when you have other countries that are building factories or they're depressing demand in their own country, this is not how a market economics are supposed to work. And it creates a situation where there's not enough incentive to build a new factory in America or to employ American workers because we have overcapacity elsewhere. So we want to make sure that. That that capacity is restrained, restricted, or that we mitigate it somehow in our own economy so we can have market incentives to build here and to make here.

[Alexis]

Want to ask you about rare earths, and I wonder how you would assess China's performance when it comes to rare earths. And as we get closer up October, do you anticipate that that agreement will be renewed? In due course.

[U.S. Trade Representative]

So. So China's compliance with the rare earth elements of our agreements, it's not perfect. I think everyone knows that. You can, you can read that in the paper. That being said, we are getting a flow of rare earths. We don't have factories shutting down because they don't have it. But again, we really want to be in a position where we were, you know, in 2024 and 2023, in President Trump's first term, where we had a regular flow of rare earths. We also know that the Chinese, they use rare earths for economic coercion. They did it in 2010 and 2011. They're doing it now. So it's not, it's not necessarily surprising. But we're continuing to, you know, to have some flow. And where we have gaps, where we have problems, the Secretary of the treasury and I, you know, we work with our counterpart in China to try to loosen that flow up. Sometimes we're more successful than others. One important thing is we're moving forward in the US on rare earth production. One of the things I'm doing on my trip out west here, I'm going to Utah to visit a facility where we've already, they've discovered rare earths in the Utah desert and they're refining them and further manufacturing them at a facility in Utah, which is a great development for US national and economic security.

[Alexis]

You've got rare earths. There's huge pharmaceutical dependence as well. And I wonder how you're thinking about that, the way that you can kind of curb our reliance on Chinese pharmaceutical pharmaceuticals and ingredients.

[U.S. Trade Representative]

Yeah, we think about this a lot. This is, this is really critical because at the end of the day, if somehow you lose access to Chinese inputs, it can be a huge challenge for our own manufacturing base. And some people will say, well, what about India? Fine, but a lot of the inputs that India uses also come from China. One great thing that we're seeing as we try to encourage companies to reshore is we actually have commitment from 17 pharmaceutical companies, the largest and the most major pharmaceutical companies, not only to lower prices of medication here in the US pharmaceutical prices have gone down by 2.5%. But they've also agreed to reshore here and to manufacture here. And so we have companies like Eli Lilly and Novartis and others actually pouring concrete and superstructures going up in new facilities in North Carolina, in Indiana and Southern California. So this actually for me has been a really bright spot of our efforts to reshore critical production in America in

[Alexis]

the trade reps. Glossary Trans shipments is a word.

[U.S. Trade Representative]

Yes.

[Alexis]

I'm wondering how you are thinking about monitoring and blocking transshipment when it comes to China.

[U.S. Trade Representative]

So, so it is a, it is a word in our glossary, but it can mean different things. Right. There's kind of like your pure illegal transshipment where something's made in China, they send it to Vietnam and they put a made in Vietnam sticker and send it over. It's just illegal. Right. And that's on Customs and Border Protection to enforce that right? To do investigations, to identify areas of fraud and go after it. And we, and we're doing that. A day or two ago we had a big announcement with DOJ teaming up with CBP. They've already found $1 billion in customs fraud. And some of that is transshipment. And then you have another issue where you have, you know, country, it's often Asian inputs, China, Vietnam, they go to a third country, maybe Mexico, and they do just enough work where they can legally say this is actually from Mexico, so maybe we should get a better tariff rate than if it were from China. That's an issue. And that's a problem with Mexico right now, for example, in some of our discussions, we're talking about rules of origin and saying if you want to get a better deal bringing something in from Mexico or name your country, you have to make sure it actually has US Content. You have to make sure it actually has, you know, Mexican content or whatever it is. And you have to have that as high as possible to protect against this other type of transshipment, which is a little more difficult to detect.

[Alexis]

There's a long way to go until this meeting in September when the Chinese president comes to the United States. But let me ask you lastly, sort of how you're thinking about that. You were so integral to conversations that took place in Beijing. What are you expecting deliverables wise to come out of that meeting in Washington in a couple months?

[U.S. Trade Representative]

Well, the number one deliverable we always have between President Trump, President Xi is to continue the stability of the relationship. Both of these leaders are very committed to having a strong and solid personal relationship. Now, that doesn't mean we don't have issues in the, in the broader relationship. Obviously we do. China is a big challenge for the US In a lot of ways, but we want to make sure we're delivering stability. There's never been a situation where the US Side or even the Chinese side has gone out and said everyone should expect a comprehensive agreement that resolves all issues. Like no one's ever promised that. So that's not what we expect. We will have an opportunity to take stock of Chinese commitments with respect to purchases of soybeans and other agricultural products. We'll take stock on the rare earth issues we decided. So I think it'll be a moment for stock taking, you know, confirming the relationship, making sure that China is complying with what it's agreed to do. That's really what we're looking forward to in this meeting.

[Christina Raffini]

Stay with us for more on Global Bloomberg this weekend, right after this.

[The Hartford Insurance Representative]

Support for the show comes from public.com if you're actively involved in your portfolio, you probably catch yourself repeating the same actions. Buying the dip, manually sweeping idle cash, putting on a hedge on public. You can now create AI agents that handle all these tasks on your behalf. Just describe what you want to do in plain English, like if the Vix hits 25, buy a put option on the S&P 500 or if my cash balance goes above $20,000, move the excess into my direct index. You approve the workflow and your agent handles the risk, monitoring the market, watching for your conditions and executing your strategies exactly as defined. An investing platform driven by your intent, not just your clicks. You can also get full read and write access to your account via the public API. Go to public.com market and fund your account in five minutes or less. That's public.com market paid for by Public

[U.S. Trade Representative]

Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors LLC. SEC registered advisor complete disclosures [e-mail] disclosures

[Optum Representative]

let's talk about health care for a second. It doesn't always work the way people expect it to. If you've ever waited on a prescription refill or had a hard time getting the care you needed, you know the feeling the system should just work better for everyone. That's exactly what the people at Optum are trying to do every day. They're a healthcare company linking patient care and pharmacy services and using data and technology to drive the whole system. So care is connected, not complicated for patients and providers. Things like making it easier to get care that looks at the whole person. From primary care doctors to mental health support and even in home care. And then using technology to make sure they all work together. Technology designed to help doctors spend less time on busy work and more time with their patients and those prescriptions. Optum is working to bring costs down, save patients money and make it easier to get refills. Little by little, Optum is helping make healthcare work as one for everyone. Head to business.optum.com to see how these

[Okta Representative]

days it seems like AI agents are just about everywhere you turn every field and every function. But without identity, you can't trust those serve your business instead of jeopardizing it. Fortunately, Okta helps you get identity right by securing your AI agents identities, giving you a single layer of control, a single standard of trust. So whether an AI agent supports a single user or your entire enterprise, with Okta you'll turn risk into opportunity. Secure every agent, Secure any agent. Okta secures AI.

[Alexis]

Later today in Miami, England will take on France in the World cup bronze medal match. But throughout the tournament, the president of FIFA is run scrutiny for his relationship with President Trump and potential rule bending for Team usa.

[Christina Raffini]

We spoke with sports columnist Jonathan Wilson, the author of the Power and the Glory, a new history of the World cup, about Johnny Infantino's legacy and his impact on FIFA.

[Jonathan Wilson]

February 2016 he takes over and he says, right, we're going to clean everything up. He ostentatiously flies on a budget carrier to his first FIFA Congress. You'll have noted that to change to the budget.

[U.S. Trade Representative]

Yeah, that didn't last long and he

[Jonathan Wilson]

Said, look, we've got far too many committees, we need to clear these out. It's massively inefficient. Then in 2024, a vote was taken to increase the number of standing committees of FIFA from 7 to 35. Now, the reason this is significant is that if you are one of. If you're a delegate representing one of the 211 FIFA members, you will be appointed to various committees. Each committee brings with it a stipend and very generous.

[Christina Raffini]

That's where that money goes.

[Jonathan Wilson]

And that's where the money goes. And of course, if you're the delegate from Country X, it doesn't matter if people in Country X think, oh, yeah, FIFA's a disgrace, Infantino's an idiot, oh, we've got to get rid of him, the ticket prices are too high. He just thinks, I'm getting this lovely bunch of money and why am I going to vote against a president who brings that to me?

[Christina Raffini]

So this is very strategic, expanding these committees.

[Jonathan Wilson]

It's basic clientelism. I mean, the other thing that the money does, and this is slightly more complex, there are two schemes, the Gold project, which is introduced by Sepulata in 1998, and the forward project, which is Infantino's great plan. And this redistributes money from FIFA to federations. So, for instance, say you're, I don't know, the FA of Gabon, and you say, look, we need a new national stadium, and national stadium's falling down. Actually, Gabon's national stadium is quite nice. But just for sake of argument, Gabon and people go, yeah, okay, we get. You can't afford that, but it'd be useful if you had a nice new stadium. You can generate revenue through that. And so we'll give some of these great profits from the World Cup. And the World cup is by far

[Christina Raffini]

the biggest level of playing field, kind of literally some places. But that seems like a nice mission.

[Jonathan Wilson]

But of course, none of these are properly audited, so there hasn't been a review since 2016, which is probably itself significant. But the review in 2016 said 81% of those 211 member nations are not properly audited. So.

[Christina Raffini]

So that money is going well, who knows?

[Jonathan Wilson]

But I think we can guess.

[Christina Raffini]

On that note, there's also Infantino's been catching a lot of flack for this thing that happened with the US player revoking the red card after.

[Jonathan Wilson]

Well, technically, he didn't revoke the red card. He suspended the suspension. So the suspension was suspended for a year, exactly the same as he done with Cristiano Ronaldo, who was sent off in the penultimate qualifier. So he was given a three game ban for that. He served one game and the final two games were suspended. Also three other players, basically to make it obvious, I was in it to make it less obvious that Ronaldo was getting dispensation because they want Ronaldo at the World Cup. And I think you can say this follows from a situation with the club World cup last year where I don't know if you remember, but essentially two Mexican teams who qualified had the same owner. You can't have that. One of them had to step down.

[Christina Raffini]

Oh, wow. Okay.

[Jonathan Wilson]

So it should, should have meant the MLS champions got in, but instead it went to Inter Miami because that gets you Messi in because they finished top of the regular season.

[Christina Raffini]

There does seem to be a little waiting towards these more popular players is

[Jonathan Wilson]

gerrymandering to get the most famous people involved. Now you might say, look, tennis tournaments, golf tournaments do this kind of thing all the time with wild cards. Let's get somebody famous, somebody popular. It drives revenue. Where's the problem? Well, the problem is it's one thing to do it if Your tournament has 128 participants.

[Christina Raffini]

Right. And there's a slot specifically for those shenanigans.

[Jonathan Wilson]

Yeah, it's quite another when there is a qualification process or if you're overriding a disciplinary process. So with Baligan, the fact he could play against Belgium, he is the first player since Gavinche in 1962 to be sent off at the World cup and not be suspended for the next game. And the reason that's so damaging, it's not just that it feels unfair, it's that it casts into doubt the integrity of the entire competition. So if you are, for instance, Egypt, who were very unhappy with some refereeing against Argentina, and I think you can understand a couple of 50, 50 calls, key. 50, 50 calls went against them. And then I think, well, hang on, is that just because we were a bit unlucky or is that because there is some director from on high that Lionel Messi, because he's famous, because he generates revenue, has to be kept in the tournament?

[Christina Raffini]

This decision with the red card is quite controversial. You don't think that'll hurt him in the elections or you think he has enough committees and other friends that he will, he will get to stay?

[Jonathan Wilson]

There's already 200 of the 211 members have said they'll back him, so it will be by acclamation. So, I mean, I think it has damaged him and I think there's two aspects of this World cup of damage. So firstly, that I think there probably are good delegates who recognize this as a problem of integrity. There may even be quite cynical delegates who think actually, if the integrity of the competition is undermined, is it going to carry on generating revenues? It does. Is the world right?

[The Hartford Insurance Representative]

At some point, if the world loses

[Jonathan Wilson]

faith, then sport doesn't work without favor. The dramatic twists at the end, if you think that might be scripted, well, then you're watching.

[Christina Raffini]

You're not going to pay these absurd ticket prices.

[Jonathan Wilson]

It's not real.

[Christina Raffini]

We have that sport here. It's called wrestling. Totally different audience. Yeah.

[Jonathan Wilson]

So that's one element of it. The other is, I think, to do with Infantino's made this big point of this is the most inclusive World cup ever, which I'm afraid is clearly nonsense, when even one of his own referees, Amaranthan from Somalia, can't get into the country. Plus, I mean, I think it depends on the individual country, but roughly 80% of applications by fans and journalists from Africa to come to the tournament were turned down by the US and by Canada. That is by definition, not inclusive. And given Infantino likes to portray himself as this champion of the global south, that is a position that's much harder to maintain. So I don't think it's going to have an immediate impact, but it has slightly weakened him. What it might mean is, if you were planning to change FIFA's constitution to Lambda Stand again in 2027, maybe he'll be a little more reluctant to do that.

[Christina Raffini]

Stay with us for more on Bloomberg

[David Gura]

this weekend, right after this.

[The Hartford Insurance Representative]

Support for the show comes from public.com if you're actively involved in your portfolio, you probably catch yourself repeating the same actions. Buying the dip, manually sweeping idle cash, putting on a hedge on Public. You can now create AI agents that handle all these tasks on your behalf. Just describe what you want to do in plain English, like if the Vix hits 25, buy a put option on the S&P 500. Or if my cash balance goes above $20,000, move the excess into my direct index. You approve of the workflow and your agent handles the risk. Monitoring the market, watching for your conditions and executing your strategies exactly as defined. An investing platform driven by your intent, not just your clicks. You can also get full read and write access to your account via the public API. Go to public.com market and fund your account in five minutes or less. That's public.com market paid for by Public

[U.S. Trade Representative]

Investing Brokerage Services by open to the Public Investing, Inc. Member FINRA and SIPC Advisory services by Public Advisors, LLC. SEC registered advisors complete disclosures [e-mail] disclosures

[Optum Representative]

let's talk about healthcare for a second. It doesn't always work the way people expect it to. If you've ever waited on a prescription refill or had a hard time getting the care you needed, you know the feeling the system should just work better for everyone. That's exactly what the people at Optum are trying to do every day. They're a healthcare company linking patient care and pharmacy services and using data and technology to drive the whole system. So care is connected, not complicated for patients and providers. Things like making it easier to get care that looks at the whole person, from primary care doctors to mental health support and even in home care. And then using technology to make sure they all work together. Technology designed to help doctors spend less time on busy work and more time with their patients and those prescriptions. Optum is working to bring costs down, save patients money, and make it easier to get refills. Little by little, Optum is helping make healthcare work as one for everyone. Head to business.optum.com to see how these

[Okta Representative]

days it seems like AI agents are just about everywhere you turn, every field and every function. But without identity, you can't trust they'll serve your business instead of jeopardizing it. Fortunately, Okta helps you get identity right by securing your AI agents identities, giving you a single layer of code control, a single standard of trust. So whether an AI agent supports a single user or your entire enterprise, with Okta you'll turn risk into opportunity. Secure every agent, secure any agent. Okta secures AI.

[Christina Raffini]

Welcome back to Bloomberg this weekend or Baby. I'm Christina Raffini with David Gura. Alexis is going to run us through some of the stories you might have missed this week. Now, Alexis, there is an ongoing debate on this show. I say btw.

[Alexis]

I said btw. What do you think?

[David Gura]

I have to go btw.

[Alexis]

You're welcome back anytime.

[David Gura]

Alexis, we agree to disagree.

[Alexis]

What you got?

[David Gura]

It's okay. There's a little movie out this weekend, in case you heard.

[Alexis]

It's called the Odyssey.

[Christina Raffini]

Yes, I accidentally stumbled on the premiere as I was going to a workout the other day. They closed down all of Broadway, all of Lincoln Square. The whole thing was shut down for blocks.

[David Gura]

Living in New York City girl. $250 million budget. It's an epic to watch it almost three hours long. So get your popcorn and get ready. The only movie ever shot completely on imax There's a lot, a lot of talk about it. It's doing pretty well here on Rotten Tomatoes already. It was out yesterday and the critics seem to like it. But people cannot stop talking about the fact that these actors, Matt Damon, Anne Hathaway, Charlize Theron, you name it, are all having American accents in it. No British accents.

[Alexis]

Interesting.

[David Gura]

Which we're used to for these big epic classical epics.

[Alexis]

Yes.

[Christina Raffini]

Yeah, but that's not any more accurate.

[Alexis]

No, that's true.

[Christina Raffini]

I do think it's weird. Like British tv. A lot of times they'll have them playing Russians, but they just have like a British accent. Or they're allowed to be in France, but they just have a British accent. And somebody pointed out to me it's not any more accurate if they do a Russian accent. They're not speaking Russian. But for my brain, I want to hear the accent.

[David Gura]

If you want to be accurate, you'd speak Ancient Greek.

[Okta Representative]

There you go.

[David Gura]

So you know what? English is fine, but it's pretty funny. Tom Holland and Robert Pattinson, who are both in it, who are both British, have to put on American accents.

[Josh Wingrove]

No.

[David Gura]

And then calling, you know, Odysseus, my dad, like, American colloquialism is kind of fun.

[Alexis]

Have you seen this yet?

[Christina Raffini]

I haven't. I will go see it.

[Alexis]

I'm sure you will.

[Christina Raffini]

It is on my list.

[Alexis]

I've been, like, very excited.

[Christina Raffini]

I know I'm a nerd.

[Alexis]

You wanted to, like, get a classicist on here and like do a deep dive.

[Christina Raffini]

Still working on it. I love that you went away.

[David Gura]

I have to go to see. Hear Matt Damon use his Boston accent. He leans in on it, on the dramatic scene. So we're going to be. But. But Chris Nolan, who's the director, said it was a very intentional decision to have the actors speak in English and not have sort of a stagey approach.

[Alexis]

And he's like the biggest proponent of these IMAX movies. I mean, he loves an IMAX film and I do like his movies generally.

[Christina Raffini]

And they figured out a way, as we've talked about, to do the dialogue on imax, which you usually don't do. Usually you shoot the big scenes on it and it can only roll for, I think, seven minutes at a time. This is really arduous and I appreciate trying to do old school filmmaking in

[David Gura]

a world of digital cinematic feat.

[Christina Raffini]

I'll report back on the accident.

[David Gura]

We're doing a hard turn and move to the Wall Street Journal. Wealthy older Americans, they are ripping up the traditional script and instead of downsizing oh, they are moving up big time. Interesting. They are buying bigger homes or they are adding additions to the homes. They are adding guest houses for the grandkids. Exactly, basically. And so empty nest boomers now own more than 28% of U.S. homes with three or more bedrooms, which. Ding, ding, ding. One of the reasons why first time home buyers are having such a hard time getting into the market.

[Alexis]

Airbnb and now this.

[David Gura]

Yeah, exactly.

[Alexis]

The older generation.

[David Gura]

That is a good point.

[Alexis]

Buying it out.

[Christina Raffini]

I will rent until I die. I've missed my boat. Yeah, I just. There's no. Well, especially in New York, but even in D.C. to your point, getting into the market was just getting harder and harder.

[David Gura]

Yeah, that's so many people struggle. So just quick stats for you. They account. Older Americans now account for 42% of the home buyers, the largest share of any generation. Why, you ask? Well, they bought their homes and their stocks decades ago and those assets have appreciated.

[Alexis]

Refinanced at two wildlife or whatever.

[David Gura]

Yeah, sounds pretty nice if you get pretty nice.

[Alexis]

Indeed.

[Christina Raffini]

Dare to dream. Dare to dream.

[David Gura]

Birding. Do you ever look at the birds go by?

[Christina Raffini]

Okay, speaking of older Americans, what happens to people when they hit a certain age? Both my parents have gotten into this.

[Alexis]

You know, young people too.

[David Gura]

Well, guess what? Birding is not just for your parents. It's not for your grandparents anymore. Oh, no, no. Birding has gone cool. So now the cool kids are doing it. Becoming more popular among younger people in their 20s and 30s. Some of them are saying, hey, look, we're taking our binoculars with us on vacation because we want to go birding. They say the shift really started during the pandemic when we were all stuck

[Alexis]

at home, nice solitary activity.

[David Gura]

We were like, hey, wow, look at the birds. Sort of the equivalent of, you know, take a moment and smell the flowers.

[Alexis]

Uh huh.

[David Gura]

That's what we're doing with our birds. And also, the National Audubon Society had 10 college chapters in 2019. You know how many they have today?

[Alexis]

No.

[David Gura]

117.

[Christina Raffini]

That's hysterical.

[David Gura]

It's crazy.

[Christina Raffini]

And David, were you a birder in college?

[Alexis]

A family of birders.

[Christina Raffini]

Oh, you do?

[Alexis]

My sister's a professional ornithologist.

[David Gura]

Oh my. What?

[Alexis]

And when my mom came to town, she did bring binoculars. We went to the Jamaica Bay Wildlife Preserve and looked for a bunch of preserve and looked for a bunch of birds.

[David Gura]

You're living this.

[Alexis]

I'm living it, I'm living it. But my sister studies the great gray owl.

[Christina Raffini]

All right, well, can we have her on the show? I Already like her better than you.

[Alexis]

Next time she's in town.

[David Gura]

Super impressed. Super impressed with that.

[Christina Raffini]

This is lovely and wholesome. I support this dress.

[David Gura]

South by Southwest even has a whole like bird watching thing. So it's big. I mean, it's happening amongst the young folks. All right. Finally a habit that's actually good for us. A new study found that people who drink coffee on a daily basis, both caffeinated and decaffeinated, have a lower likelihood of developing liver ailments compared with non coffee drinkers.

[Christina Raffini]

I'm gonna live forever.

[David Gura]

But this stat kind of scared me. Scientists at Cedars Sinai Health University found drinking five or more cups of coffee a day. David girl was a kid with a 47% lower risk of developing liver cancer.

[Jonathan Wilson]

Five cups.

[Alexis]

Five cups.

[Christina Raffini]

He drinks a lot of coffee.

[Alexis]

I drink a lot of coffee. Mostly just out of habit. Like we walk by the machine and I'll pick some up. But I'm a real.

[David Gura]

Well, because it's so at the ready here for us. Why is this, though, you might ask. Inquiring minds want to know. Due to chemical compounds in coffee that reduce inflammation. Chlorogenic acid.

[Alexis]

Chlorogenic acid.

[David Gura]

So I say here's to chlorogenic acid.

[Alexis]

A tea today. But still there's caffeine.

[David Gura]

Oh, I'm the only one with the fancy mug right now.

[Christina Raffini]

Well, we put our water in our mug. People are wondering about the proliferation of cups for our TV viewers.

[Alexis]

We have multiple liquids simultaneously.

[Mike Shepard]

Water.

[Christina Raffini]

We've got tea.

[David Gura]

You have to stay hydrated.

[Alexis]

I do feel like there's always a study that says something's good about coffee or bad about coffee and.

[David Gura]

Right. Just like with wine.

[Alexis]

Yes.

[Christina Raffini]

I only believe the studies that say wine and coffee are good to be clear. And chocolate too. Wine, coffee, chocolate.

[Alexis]

Peer review. You're doing studies. Exactly.

[Christina Raffini]

I like to not fact check that at all.

[Alexis]

No need to Alexis Christophers, thank you very much.

[David Gura]

My pleasure.

[Alexis]

Debut. Here's our first time doing btw.

[Christina Raffini]

And we got new info out of David. We didn't know this. Well done.

[Alexis]

Pulling it out.

[David Gura]

Say hi.

[Alexis]

Developing a profile. I will get her on the show.

[Christina Raffini]

Maybe she'll talk about birds. Seriously. Thanks for joining us on today's Bloomberg this weekend podcast. Don't forget to tune in live for the show every Saturday and Sunday morning starting at 7am Eastern.

[Alexis]

We're on Bloomberg Television Radio and the Bloomberg Business app bringing you unique takes and in depth interviews on news, politics, lifestyle and culture.

[The Hartford Insurance Representative]

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[Okta Representative]

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