The Bank That Kept Saying Yes to Trump

At a time when most Wall Street firms had stopped doing business with Donald J. Trump, a single bank lent him more than $2 billion. We look at the two-decade relationship that could unlock the president’s financial secrets. Guests: Natalie Kitroeff, a business reporter for The New York Times, spoke with David Enrich, the finance editor and author of the forthcoming book “Dark Towers: The Inside Story of the World’s Most Destructive Bank.” For more information on today’s episode, visit nytimes.com/thedaily. 

Background reading: A real estate mogul made toxic by polarizing rhetoric and a pattern of defaults. A bank with longstanding financial problems and a record of misconduct. Read about President Trump’s tumultuous history with Deutsche Bank.A federal judge on Wednesday ruled against a request from the president to block Deutsche Bank from complying with congressional subpoenas.

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The President Takes On China, Alone

Years of multinational efforts have failed to get China to play by the international rules of trade. Now, President Trump has launched an all-out trade war in which the United States is confronting China on its own. Guests: Natalie Kitroeff, a business reporter for The New York Times, spoke with Peter S. Goodman, an economics correspondent. For more information on today’s episode, visit nytimes.com/thedaily. 

Background reading:The intensifying trade war between the United States and China, the two largest economies on earth, has become the biggest threat to the global economy.Both countries seem to be hardening their positions in ways that will be difficult to resolve with the mutual face-saving that typically facilitates trade deals.

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