Trumponomics
The Year Ahead: Tariffs, AI and Fed Independence
The trade war could fully hit US consumers, a bubble might finally pop and Trump’s next Fed pick could upend markets. But right now, it doesn’t look bad.
US President Donald Trump
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On this episode of Trumponomics, host Stephanie Flanders is joined by Bloomberg Economics Chief Economist Tom Orlik, Bloomberg Opinion columnist Parmy Olson and Bloomberg News US politics editor Mario Parker to look back at a chaotic 2025—marked by Donald Trump’s messy April tariff rollout and a presidency defined by seemingly deliberate uncertainty—and ask what it means for 2026.