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Within the space of one week, US President Donald Trump endorsed tax increases for Americaâs top earners and promised to slash drug prices by up to 70 per cent. Itâs a platform that echoes former presidential candidate Bernie Sanders and others on the political left. So why are we hearing it from Trump, and why now? FTâs Washington bureau chief James Politi and global business columnist Rana Foroohar are on the show to discuss.
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Mentioned in this podcast:
Trump leans left in bid to revive flagging poll numbers
Why âMake Hollywood Great Againâ makes sense
Sign up for the FTâs Swamp Notes newsletter here
Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the acting co-head of audio. Special thanks to Sonja Hutson and Pierre Nicholson.
CREDIT: clip from Forbes
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Japan has signalled it is prepared to hold out for a better deal with US President Donald Trump over trade tariffs, and investor Bill Ackman is trying to create a rival to Berkshire Hathaway. Plus, Polandâs election this weekend is shaping up to be a turning point, not only for domestic politics, but also for the war in Ukraine.
Mentioned in this podcast:
Japan to hold out for better trade deal with US
Can Bill Ackman create a âmodern-dayâ Berkshire Hathaway?
Polish women turn on Donald Tusk over abortion rights
Vladimir Putin and Donald Trump cast shadow over Polandâs election
Todayâs FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Simon Panayi, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs acting co-head of audio. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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CoreWeave reported a 420% rise in revenue in its first quarter as a listed company and the furious rally in US assets has caught big investors off guard. Plus, the Kurdistan Workersâ party, the militant group that has been in conflict with the Turkish state for more than 40 years, said it would disband.
Note: This episode has been edited from its original version to remove an incorrect segment.
Mentioned in this podcast:
CoreWeave beats estimates in first results as a listed company
Wall Streetâs sudden rebound catches investors âoffsideâ
Kurdish militant group PKK says it will disband and end Turkey conflict
Todayâs FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Sam Giovinco, and Michael Lello. Topher Forhecz is the FTâs acting co-head of audio. The showâs theme song is by Metaphor Music.
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The White House unveiled what it says is $600bn worth of defence and artificial intelligence deals with Saudi Arabia, UnitedHealth Group shares sink to the lowest level in more than four years, and US inflation fell to 2.3 per cent in April. Plus, Nissan plans to axe 15 per cent of its global workforce and almost halve its number of plants.
Mentioned in this podcast:
Donald Trump lauds Saudi Arabia as he unveils AI and defence deals
UnitedHealth chief Andrew Witty steps down as shares plunge
US inflation falls to 2.3% in April as tariff effect looms
Nissan to axe 15% of global workforce and almost halve number of plants
Todayâs FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Simon Panayi, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs co-head of audio. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Global stocks surged after the US and China slashed tariffs for 90 days, and Brussels is preparing to use capital controls and tariffs against Russia. Plus, OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation.
Mentioned in this podcast:
Who blinked first? How the US and China broke their trade deadlock
Wall Street stocks soar on US-China tariff reprieve
EU readies capital controls and tariffs to safeguard Russia sanctions
OpenAI negotiates with Microsoft to unlock new funding and future IPO
Todayâs FT News Briefing was produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Simon Panayi, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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US officials say they made âsubstantial progressâ on trade talks with China, and trade optimism has driven German stocks to record highs. Plus, US President Donald Trump will visit Saudi Arabia, Qatar, and the United Arab Emirates for the first foreign trip of his second term, and the FTâs Christopher Grimes explains why Disney has bounced back amidst a struggling stock price.
Mentioned in this podcast:
Donald Trump seeks bromance and billions as he heads to Gulf
German stocks hit record high as trade optimism buoys markets
US claims âsubstantial progressâ after two days of trade talks with China
Disney plans first Middle East theme park in Abu Dhabi
Todayâs FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, and Marc Filippino. Additional help from Katie McMurran and Peter Barber. Topher Forhecz is the FTâs acting co-head of audio. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Description: US President Donald Trump is in an ongoing standoff with Americaâs top universities. Harvard lost $2.3bn in federal funding after it refused to comply with the administrationâs demands on admissions and diversity, equity and inclusion. Columbia complied with a similar set of demands, but still lost $400mn. The FTâs global education editor Andrew Jack and acting Washington correspondent Myles McCormick join to discuss the issues at hand and why other universities could be next.
Mentioned in this podcast:
Trump to block Harvard from federal grants
Harvard sues Trump administration over funding freeze
Sign up for the FTâs Swamp Notes newsletter here
Swamp Notes is produced by Katya Kumkova. Topher Forhecz is our acting co-head of audio. Special thanks to Pierre Nicholson.
Read a transcript of this episode on FT.com
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The US and the UK agreed to a trade deal, and the Bank of England cut interest rates by a quarter point. Plus, we hear from an FTC commissioner who was fired by US President Donald Trump and is challenging his dismissal.
Mentioned in this podcast:
US and UK seal first deal of Trumpâs trade war
Robert Prevost becomes first American pope
BoE cuts interest rates by a quarter point to 4.25%
Behind the Money: The FTC commissioner fired by Trump
Audio credit: White House and NBC
The FT News Briefing is produced by Sonja Hutson, Lulu Smyth, Ethan Plotkin, Kasia Broussalian and Marc Filippino. Additional help from Katie McMurran, Michela Tindera, Katya Kumkova, Michael Lello, Peter Barber and Gavin Kallmann. Our acting co-head of audio is Topher Forhecz. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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The US scraps rule that aimed to limit exports of artificial intelligence chips, Pakistan vowed to retaliate after India launched air strikes against its neighbour, and the Federal Reserve held interest rates steady once again yesterday. Plus, Doordashâs expected acquisition of Deliveroo renewed questions about the UKâs ability to attract and retain listings.
Mentioned in this podcast:
US scraps Biden-era rule that aimed to limit exports of AI chips
Pakistan vows to retaliate after India launches military strikes
Federal Reserve holds rates steady as it balances risks from Donald Trumpâs tariffs
DoorDashâs grab for Deliveroo puts brakes on Londonâs tech hopes
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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India said it had carried out âprecision strikesâ on âterrorist infrastructureâ at nine sites in Pakistan, Friederich Merz suffered a stinging defeat in the German Bundestag before being voted in as chancellor, and Washington and Beijing will this week hold their first trade talks since US President Donald Trump launched a trade war against China. Plus, Argentina is on the cusp of a copper mining boom that might cause problems for the countryâs wine industry.
Mentioned in this podcast:
India launches military strikes on Pakistan
Argentinaâs wine heartland eyes copper riches
US and China to launch formal trade talks
Chancellor on pause: Bundestag stings Friedrich Merz on day one
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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OpenAI will remain under the control of the groupâs non-profit arm, US stocks have wiped out the steep losses that followed US President Donald Trumpâs tariff announcement, and the Bank of England is expected to cut interest rates on Tuesday. Plus, Metaâs AI ambitions face a legal test in one of the first trials over copyright infringement.
Mentioned in this podcast:
OpenAI ditches plan to convert to for-profit business
Meta lawsuit poses first big test of AI copyright battle
Bank of England expected to cut rates as US trade war hits growth
US stocks wipe out steep losses that followed Trumpâs âliberation dayâ
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Michela Tindera, Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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The worldâs most famous investor says he plans to step down after six decades leading Berkshire Hathaway, and Chinese exporters are turning to third countries to get around 145 per cent US tariffs. Plus, local Nigerian oil companies are starting to replace foreign majors, and Israel calls up reservists to support its expanded operations in Gaza.
Mentioned in this podcast:
Warren Buffett to step down from Berkshire Hathaway after six decades
Chinese exporters âwashâ products in third countries to avoid Donald Trumpâs tariffs
Israel vows to hit back against Iran and Houthis after airport attack
Credit: CNBC
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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US President Donald Trump has garnered a lot of criticism since he enacted his trade war. But there are people who still defend the tariffs, including Oren Cass, chief economist of the conservative thinktank American Compass. Cass is a contributor to the FTâs opinion pages, and he joins the FTâs US national editor and columnist Edward Luce to discuss why some conservatives still find value in tariffs.
Mentioned in this podcast:
Trump has no idea what he has unleashed
Europe must choose between America and China
Sign up for the FTâs Swamp Notes newsletter here
Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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Amazon warned of the impact of Donald Trumpâs global trade war and issued weaker-than-expected guidance for the second quarter, and Australians head to the polls this weekend caught in the crossfire of the US-China trade war. Plus, European banks had a great first quarter thanks to global market volatility.
Mentioned in this podcast:
Amazon falls after profit forecast misses expectations
Australia: caught between a slowing China and a chaotic US
UBS, Barclays and SocGen reap trading windfall from market turmoil
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Michela Tindera, Josh Gabert-Doyon, Persis Love Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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Microsoft posted better than expected quarterly earnings on Wednesday, Spain is trying to figure out what caused a massive power outage, and the Conservatives are bracing for heavy losses in local England elections. Plus, the FTâs Claire Jones explains what we can take away from the latest US GDP reading.
Mentioned in this podcast:
US and Ukraine sign natural resources deal
Microsoft shares jump after software giantâs earnings top forecasts
US economy contracts at 0.3% rate as Trump tariffs prompt import surge
Local elections: Tories braced for losses as England votes in five-party race
How did Spainâs electricity grid collapse?
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Michela Tindera, Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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Donald Trump unveiled more tariff relief for some carmakers, and shares in a number of companies surged in Tokyo after a plan for carmaker Toyota Motor to take one of its subsidiaries private. Plus, Wall Street economists forecast that US GDP shrank in the first quarter, and contrary to some stereotypes, Generation Z is leading the charge back to the office.
Mentioned in this podcast:
Wall Street banks predict GDP contraction after US trade deficit hits record
Donald Trump set to announce new car tariff climbdown in Michigan
Japan shares surge after Toyota spurs hopes for wider corporate shake-up
Gen Z is leading the charge back to the office
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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The oil industry is bracing for its worst year since the pandemic, and Spain and Portugal are reeling from a massive power outage. Plus, the FTâs Emily Herbert explains why the flight into the Swiss franc is causing a headache for the countryâs central bank.
Mentioned in this podcast:
Big Oil braced for worst year since pandemic as bumper profits recede
Spain declares state of emergency in the wake of huge power outage
Swiss franc surge sparks bets on return to negative interest rates
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Flo Phillips, Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Hosted on Acast. See acast.com/privacy for more information.
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Canadians will head to the polls Monday to pick a prime minister, and a new US proposal to end the War in Ukraine would allow Russia to keep some of the territory itâs conquered. Plus, Hungaryâs government may be funneling money to friendly news outlets, and major American companies are starting to speak up about Donald Trumpâs trade war.
Mentioned in this podcast:
Canadians head to the polls to elect new prime minister
Putin and Trump envoy hold âconstructiveâ meeting, Russian official says
Trump and Zelenskyy hold âproductiveâ discussion at Popeâs funeral
Hungary accused of illegal subsidies for pro-government media
Consumer giants ring warning bells over Donald Trumpâs trade war
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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Just a few weeks ago, US President Donald Trump was ready to levy tariffs on basically every nation. Today, many of those tariffs have been paused or tempered. Additionally, this week he promised he will not be firing Federal Reserve chair Jay Powell, despite his earlier criticism. Should we expect more backstepping from Trump in the face of economic data? And what do the voters think of it all? FT economics editor Sam Fleming joins alongside Jon McHenry, vice-president of the conservative pollster North Star Opinion Research.
Mentioned in this podcast:
Trump claims to have received call from Xi Jinping and to have cut â200 dealsâ on trade
Donald Trump says he has âno intentionâ of firing Jay Powell
Sign up for the FTâs Swamp Notes newsletter here
Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year, factories in China have begun slowing production and furloughing some workers in the aftermath of US tariffs, and Alphabet shares rose after it reported first-quarter profit surged 46 per cent. Plus, the Trump administration wants to stamp out one of Americaâs enduring financial pastimes: writing paper cheques.
Mentioned in this podcast:
Alphabet shares jump as Google search boosts profits
Apple aims to source all US iPhones from India in pivot from China
A crucial earnings season
Is Trumpâs drive to kill the paper cheque a âno brainerâ?
Chinese factories slow production and send workers home as US tariffs bite
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FTâs executive producer. The FTâs global head of audio is Cheryl Brumley. The showâs theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
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