特朗普上台致电英伟达CEO，美首次确认太空部署武器

Bloomberg Audio Studios podcasts radio news. This is the Bloomberg day podcast. Good morning. It's Tuesday the 15th of September. I'm Caroline Hepka in London. Coming up today, Trump calls Nvidia's CEO Jensen Wong while on stage to dismiss AI fears as a hoax. The US military acknowledges for the first time that it has weapons in space. Plus Bernham's dilemma. The UK weighs supporting Saudi Arabia to counter the Houthies as Britain braces for a worsening economic hit from energy prices.

Let's start with a roundup of our top stories. Donald Trump has dismissed artificial intelligence dangers as a hoax as calls grow to slow the development of cuttingedge AI models. The president says that AI and robots will not take over the world, arguing that the US should not stop the industry. Trump even made an impromptu call to Nvidia CEO Jensen Wong while he was on stage during a panel discussion in LA on Monday.

They're just playing right into the hands of a lot of people that don't want to see it happen. And that could be political people. It could also be China. And we're not going to let that happen. It's a It's a hoax.

Nvidia CEO Jensen Wong said that he agreed with the US president, saying that Trump had seen through the complexities of the issue and arguing that concerns about AI have created a false choice between rapid innovation and safety. US tech stocks fell on Monday on concerns about a slowdown in spending with Nvidia shares down by 3.4%. The 10-year US Treasury yield has risen above 5%, hitting its highest level since 2007 as higher energy prices fuel inflation concerns.

The yield rose as much as four basis points to 5.02% surpassing a peak from 2023 as oil is extending its rally this morning with Brent around $107 a barrel. Now, the move raises the stakes ahead of the Federal Reserve's interest rate decision tomorrow with traders seeing a more than 90% chance of a hike. Former Congressional Budget Office Director Douglas Holtz Ein says that not hiking now would be bad for the central bank.

I

I think it's it's uh undercuts this Fed's credibility. I mean, they the the Fed needs to rebuild it credibility overall for having let inflation get out of the the bottle and not getting back to 2%. There's a new chairman there who has to establish his credentials. I think a failure to take this opportunity really really is harmful to them.

Douglas Holtz Ein speaking there as markets also price in close to four quarter point ECB hikes and five hikes from the Bank of England over the next 12 months. President Trump is claiming a Russia Ukraine energy truce whilst Ukraine's President Zalinsky says that no deal has been reached. According to the US president, the two countries have agreed to stop attacks on each other's energy infrastructure. The news comes after Trump blamed the strikes rather than the war in Iran for elevated diesel prices and posted on social media that Moscow and Keev would stop them.

Steven Cook, Middle East senior fellow of the Council on Foreign Relations, says it's the conflict in the Middle East that is squeezing supplies.

This does have something to do with the straight of Hormuse. Uh but the president's attitude would suggest that his overall goal is ultimately to uh force the parties in the region despite the fact that the United States initiated the conflict in the region to force the countries in the region to work out some sort of uh some sort of agreement that allows for passage through uh the straight of

Steven Cook from the Council on Foreign Relations there. Now, following President Trump's social media post, President Zalinski said that no deal had been finalized, though he acknowledged a strong US proposal for a mutual halt to strikes on critical infrastructure. Moscow has not agreed to a deal. According to a Ukrainian official, the Kremlin did not immediately respond to a request for comment. Now, fresh ethics questions are being raised about the Trump family after a Russian oligarch paid for lavish celebrations following Donald Trump Junior's wedding.

Bloomberg's Euan Pots reports now.

Donald Trump Junior's wife says that Russian oligarch Umar Krem paid for two nights of celebrations in the Bahamas after the couple tied the knot back in May. Betina Trump says Kremlv, who has ties to Vladimir Putin, was not involved in the wedding itself, calling the party an extraordinarily generous gift from a friend. ProPublica reports the festivities cost hundreds of thousands of dollars, raising fresh questions over potential conflicts of interest involving the president's family.

In London, I'm Yuan Pots, Bloomberg Radio. The US Supreme Court has blocked new postal service restrictions on mail-in ballots for November's midterms. The justices rejected the Trump administration's requests to enforce the rules. While its legal challenge continues, several states have already begun mailing ballots after warning late changes could disrupt election preparations. The US military says that it has deployed weapons into orbit.

Air Force Secretary Troy Mink told a defense conference the weapons will serve as a deterrent. Now, it is the first time that the US has acknowledged having offensive capabilities in orbit, but Ian Cinnamon, who is the CEO of the satellite company Apex, says that we shouldn't be surprised. So the honest truth is most things in space touch government. Whether that's you know something like NASA or more often stuff like Department of War or the intelligence community.

By and large most of the new satellites that are going up there are really for defense purposes. Think missile tracking, missile warning, intercepting missiles from space.

In Cinnamon there, speaking to Bloomberg's latest edition of Wall Street Week. Now, the Trump administration is pushing to build what it calls a golden dome missile defense shield as China and Russia also invest in their military capabilities in space. And the news about US military weapons in space comes as disagreements with NASA push Europe to plan for greater self-reliance in space. Blue's TA Adabio has more. Paris is presenting itself as the center of the space industry.

Europe's premier space business conference opened yesterday in the city with a clear message. The continent's campaign for independence in the sector. But missing from Macron's summit were prominent US companies including Elon Musk Space X and Jeff Bezos's Blue Origin as the French government made links between their absence and what it called rumors of pressure from President Trump's administration to sit out the event.

As NASA risks isolation on a global stage, Europe's leaders are calling for space autonomy as local aerospace and defense players pull resources. And according to the European Space Ay's director general, Europe space exploration is too exposed to the US in London. Ta Adabio, Bloomberg Radio. And those are our top stories for you this morning. Looking at the markets, treasuries edge lower. 10-year Treasury yields are trading at 5.0. 02.

So actually yields now at the highest since 2007. This as we see uh energy prices continuing to rally. Brent futures at $10744 up by 1.7%. We've gained more than 18% for Brent prices just this month alone. Uh also shares of chip makers uh that have benefited from the AI surge were sold off on Monday both in Europe and in the US. The likes of Nvidia, of Micron, of ASML. Uh the cost speed this morning is down by 1.1%. The dollar is weaker.

We've also had data out of China. Retail sales rising only 0.4% from a year ago and a big drop in fixed asset investment more than 7% in the first eight months of this year. So that's a story that we're continuing to follow the uh economy in China. So those are the markets. In a moment, we're going to bring you more on the extraordinary call by President Trump to the CEO of Nvidia whilst on stage. What does all the back and forth about AI development mean?

Plus, we'll talk about why Andy Burnham is we