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What It Means If Trump Loses Control of His War

US President Donald Trump appears to be losing control of the war with Iran that he started. More than three weeks in, Tehran remains defiant and has lashed out more fiercely at Gulf neighbors than Trump expected. The Strait of Hormuz is still effectively closed, and even America's closest allies have refused his request to help reopen it. Israel has launched attacks on Iran's energy infrastructure  Trump claims  without Washington's knowledge, prompting an attack on Qatar that has taken 17% of its LNG export capacity offline for three to five years. So where does that put Trump? The conflict's current trajectory looks untenable as the economic, political and military costs mount. Bloomberg Economics Senior Geoeconomics Analyst for Asia-Pacific Adam Farrar joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

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Bloomberg

Pimco's Forgash Sees Complacent Market, Expects Spreads to Rise

Pimco Portfolio Manager David Forgash discusses the recent parallel increase in Treasury yields across the curve, highlighting underlying concerns about general funding conditions. Speaking on "Bloomberg The Close," Forgash notes that while the short end of the curve reflects market expectations of rate cuts, the simultaneous rise in longer-term yields indicates broader market stress.

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Bloomberg

Trump Says 'I Don't Want to Do a Ceasefire' With Iran

President Donald Trump speaks to reporters at the White House about the war with Iran and fully reopening the Strait of Hormuz. "I don't want to do a ceasefire. You know, you don't do a ceasefire when you're literally obliterating the other side," he said. "We're not looking to do that." Bloomberg's Joe Mathieu has the latest.

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Bloomberg

Canada Has Trade Leverage Over the US, Says Opposition Leader Poilievre

Conservative Leader Pierre Poilievre says Canada has real trade leverage over the US and should use that to their advantage. He talks about how he'd handle negotiations with President Donald Trump in an interview with Bloomberg This Weekend anchor David Gura.

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Bloomberg

SpaceX Knocks Boeing From Dominant Role in NASA Moon Mission

NASA is revising its moon-landing plans, reducing Boeing's role while elevating SpaceX's Starship rocket to do the job of propelling astronauts to lunar orbit, according to sources. Caroline Hyde and Ed Ludlow discuss the news with Bloomberg's space reporter Loren Grush and Laurie Leshin, Arizona State University Professor of Space Futures and former director of NASA's Jet Propulsion Laboratory. They speak on "Bloomberg Tech."

Read more: SpaceX Knocks Boeing From Dominant Role in NASA Moon Mission