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Wall Street's biggest banks are striking a bullish tone on Chinese equities over the rise of AI platform DeepSeek. Bank of America Securities says investors can look to China's AI sector as a positive catalyst, potentially offsetting worries linked to the property crisis, weak consumer sentiment, and US tariffs. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Billionaire and Tesla Inc. CEO Elon Musk, speaking by video link at the World Government Summit in Dubai, discusses his role in the Donald Trump administration, his Grok 3 artificial intelligence model, and his views on Sam Altman's OpenAI. 00:00 Musk says US should "mind its own business" in foreign affairs 00:43 DOGE cost-cutting: "we do need to delete entire agencies" 01:10 Grok 3 artificial intelligence model is "scary smart" 03:37 Sam Altman's OpenAI is trying to "completely delete the nonprofit" -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

On this episode of the Big Take podcast, we look at why Europe can’t hold onto its most innovative companies — and where they’re going https://trib.al/6GEUeAH

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Rebecca Choong Wilkins give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. Chapters: 00:00:01 - Bloomberg: The China Show opens 00:03:13 - US January inflation data bolsters case for Fed to hold 00:04:29 - JPMorgan's Alexander Treves on Fed, Asia markets outlook 00:12:49 - Trump, Putin agree to Ukraine talks 00:16:41 - What to watch in Greater China today 00:17:43 - BofA Securities' Winnie Wu on DeepSeek as an AI game-changer 00:26:14 - Trending in China: State media on foreign investments, DeepSeek's growing use 00:28:05 - BofA Securities' Winnie Wu on China market outlook 00:37:35 - China mulls $6.8 billion Vanke support 00:48:37 - Bonds sell off on hot US CPI data 00:52:39 - Hang Seng Tech Index extends gains 00:55:49 - Softbank swings to a loss ahead of big AI bet 00:59:29 - UBS' Aaron Oh on Asia's IPO market 01:08:05 - Alert: Jeff Bezos' Blue Origin bracing for job cuts 01:10:00 - Robeco's Thu Ha Chow on fixed income market outlook 01:22:02 - India's Modi to meet with Trump 01:25:10 - Adani said to build influence in US -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Private-jet flights, tuition and even snacks are among more than 140 expenses big multistrategy hedge funds pass through to investors, a Bloomberg analysis of regulatory filings shows. Hema Parmar reports https://trib.al/fy8D0us

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. Chapters: 00:00:15 - Bloomberg: The Asia Trade begins 00:02:48 - QI Research's Danielle DiMartino Booth on US CPI print 00:08:37 - Trump & Putin agree to start negotiating end to Ukraine war 00:14:41 - Local media reports Honda & Nissan to end merger talks on Thursday 00:17:36 - Softbank swings to a loss in December quarter 00:23:38 - Sigma Healthcare's Vikesh Ramsunder on Chemist Warehouse merger 00:28:48 - Housing costs in focus ahead of Australian election 00:32:27 - Markets digest hot US January CPI data print 00:38:04 - EXCLUSIVE: Petrobras says it can cope with cheaper oil under Trump 00:42:24 - BREAKING: Japan January producer prices rise 00:43:27 - New Zealand retreats on climate action 00:46:47 - Japan and South Korea markets open 00:50:00 - Allspring Global Investments' Alison Shimada on market outlook 00:56:02 - Softbank reports loss ahead of big AI bet 00:58:15 - Trump and Putin agree to Ukraine talks 01:08:01 - Ex-intern becomes billionaire in Australia pharmacy merger 01:11:17 - Macquarie Capital's James Hong on collapse of Nissan, Honda talks 01:21:28 - India's Modi visits the White House 01:29:00 - China mulls plan to save Vanke -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

President Donald Trump said “no” when asked if he viewed Vice President JD Vance as his successor, saying it was too early to make such a determination.

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Evelyn Farkas, Executive Director of Arizona State University's McCain Institution, states the US is giving Russia a stronger hand when discussing US & Russia negotiations to end the war in Ukraine. Pat Toomey, Former US Senator (R) Pennsylvania, discusses the US Senate moving forward with their two bill plan as the House is still working out details of their own Reconciliation bill. Chapters: 00:00:00 - Balance of Power Begins 00:01:52 - Bloomberg's Dan Flately on Pres. Trump, Putin Discuss Path to Peace in Ukraine 00:04:58 - Evelyn Farkas, McCain Institute at Arizona State Uni. Executive Dir. on Trump, Putin Talk End of War in Ukraine 00:12:15 - Bloomberg's Tyler Kendall on House GOP Releases Budget Blueprint 00:15:17 - Bloomberg's Stuart Paul on Fed Chair Jerome Powell Grilled By Senate Finance Committee 00:19:08 - Kevin Hassett, Dir. of the National Economic Counsel, on CPI Data 00:23:39 - Pat Toomey, Fmr. US Senator (R) Pennsylvania, on GOP at Odds Over Budget Strategy 00:33:07 - Political Panel on Gabbard Confirmed as Intelligence Chief, Trump on Reciprocal Tariffs 00:40:22 - Political Panel on DOGE Subcommittee Holds First Hearing -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Defense Secretary Pete Hegseth said the US is committed to a sovereign Ukraine but that a peace deal allowing for eventual NATO membership isn’t a realistic outcome https://trib.al/QpL20aB

On this episode of the Elon, Inc. podcast, we discuss what's behind the offer, led by Musk, to buy Sam Altman's OpenAI https://trib.al/G5aCDxU

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Esther George, Federal Reserve Bank of KC, Gargi Chaudhuri, BlackRock, John Tadaro, Needham & Co, Kevin Kajiwara, Teneo, Jay Woods, Freedom Capital Markets, Terry Duffy, CME Group, Lindsey Bell, Clearnomics, Bailey Lipschultz, Jess Menton, & Isabelle Lee, James Lucier, Capital Alpha Partners, Allison Schrager, Bloomberg Opinion. Chapters: 00:00:00 - The Close Begins 00:03:38 - Esther George, Federal Reserve Bank of KC 00:11:16 - Gargi Chaudhuri, BlackRock 00:20:08 - John Tadaro, Needham & Co 00:26:56 - Kevin Kajiwara, Teneo 00:39:58 - Jay Woods, Freedom Capital Markets 00:46:09 - Closing Bell 01:00:18 - Terry Duffy, CME Group 01:08:13 - Lindsey Bell, Clearnomics 01:14:12 - Bailey Lipschultz, Jess Menton, & Isabelle Lee 01:19:53 - James Lucier, Capital Alpha Partners 01:26:38 - The Top Three 01:30:00 - Allison Schrager, Bloomberg Opinion 01:34:29 - What To Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

President Donald Trump reiterated his desire for the US to take ownership of Gaza, as Jordan’s King Abdullah II agreed to accept 2,000 ill children from Gaza https://trib.al/t404G7u

"We are chronically under built." Lack of supply and elevated rates are affecting the housing market, Zillow CEO Jeremy Wacksman told Bloomberg. Zillow shares plunged as much as 19% Wednesday https://trib.al/Zi5aNBQ

On this episode of the Big Take Asia podcast, we unpack China's response to Trump's barrage of tariffs and discuss what's at risk for both countries if they find themselves in another trade war.

Speaking with reporters in the Oval Office, President Donald Trump says he probably will meet Russian President Vladimir Putin in Saudi Arabia. Sign up for the Washington Edition newsletter to find out how the worlds of money and politics intersect in the US capital: https://bloom.bg/3KkEimO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

President Trump's plans for an end to the war in Ukraine could see Europe facing a $3 trillion bill to help Kyiv rebuild and deter further Russian aggression. Alberto Nardelli explains why the continent is still largely unprepared to take on that challenge.

Elon Musk on Tuesday made a rare appearance in the Oval Office alongside President Trump to defend his approach to reducing the size of government.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

"We've got a great relationship with organized labor," says Lyft CEO David Risher https://trib.al/ExR4biN

President Donald Trump said he and Russian President Vladimir Putin agreed in a phone call to start negotiating an end to war in Ukraine. Kurt Volker, former US Special Representative for Ukraine Negotiations, says Trump wants to stop the fighting now and make sure it does not start again. He is on "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney February 12, 2025 (with guest co-host David Gura) Featuring: • Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, Gina Martin Adams, Chief Equity Strategist for Bloomberg Intelligence, and Kristy Akullian, Head of iShares Investment Strategy, Americas at BlackRock, react to January's hotter-than-expected inflation data • Huw van Steenis, Vice Chair and partner at Oliver Wyman, discusses the global central banking landscape, the private credit market and investors' increased demand for fixed income assets • Tina Fordham, founder of Fordham Global Foresight, and Ebrahim Rahbari, senior advisor at Fordham Global Foresight, take part in a roundtable discussion on global markets and geopolitical developments, including Secretary of Defense Pete Hegseth's rejection of Ukraine's bid to join NATO, and President Donald Trump reiterating his desire for the US to take ownership of Gaza • Rep. French Hill, Republican congressman from Arkansas, explains why he feels Congress erred in not coming to terms on a budget deal prior to President Donald Trump's return to office, and offers his appraisal of Elon Musk's cost-cutting efforts within the federal government -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

Federal Reserve Board Chair Jerome Powell testifies before the House Financial Services Committee. Yesterday, Powell testified before the Senate and reiterated his main message from two weeks ago, when the Fed kept its benchmark rate unchanged after 1 percentage point of cumulative cuts late last year. He said that after those actions, policy is “significantly less restrictive,” and policymakers “do not need to be in a hurry to adjust” rates further at this point.

Defense Secretary Pete Hegseth drew firm limits on US support for Ukraine in a speech to NATO allies on Wednesday, spurning its aspirations for membership in the alliance and rejecting proposals that American troops be deployed to help guarantee a ceasefire in its war with Russia. The comments amounted to a major reorientation of US policy as President Donald Trump looks for ways to bring the war in Ukraine to an end. Hegseth made clear that Trump will demand more concessions from Ukraine than his predecessor Joe Biden had laid out. Hegseth said Ukraine’s desire for membership in the North Atlantic Treaty Organization isn’t a realistic outcome and that any demands to return Ukraine to its pre-2014 borders, before Russia’s invasion of Crimea, is an “illusionary goal.” While saying the US remains committed to Ukraine’s sovereignty and to NATO, he challenged European nations to “step into the arena” and take more responsibility for the continent’s security. Fordham Global Foresight founder and geopolitical strategist Tina Fordham reacts to Hegseth's remarks as well as President Trump reiterating his desire for the US to take ownership of Gaza. Tina speaks with Tom Keene and David Gura on Bloomberg Radio. Get more on the Bloomberg Surveillance Podcast: Apple: http://bit.ly/3OPtReI Spotify: http://bit.ly/42xmHPz Anywhere: http://bit.ly/3oOD8ZH -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

US President Donald Trump meets Marc Fogel, an American teacher detained in Russia since 2021 over drug charges. The release of Fogel, who the US says was wrongfully detained, was negotiated by Trump, and Special Envoy for the Middle East Steve Witkoff. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts