Machado Gifts Nobel Prize to Trump, Greenland Seeks Help, More

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Nathan Hager 0:00
News when you want it with Bloomberg News Now. I'm Nathan Hager. And I'm Lisa Mateo. Lisa, we begin at the White House where President Trump says he has accepted an honor he has long said he deserves. The president says Venezuelan opposition leader Maria Karina Machado presented him with her Nobel Peace Prize medal during a White House meeting. In a social media post, the president called it a wonderful gesture of mutual respect.

What honor did President Trump receive from Maria Karina Machado?

Nathan Hager 0:23
Machado compared it to a similar gesture 200 years ago when the Marquis de Lafayette presented a medal of George Washington to Venezuela's Simon Bolivar for liberating much of South America from Spain.
Maria Karina Machado 0:35
The people of Bolívar are giving back to the heir of Washington a medal, in this case a medal of the Nobel Peace Prize, as a recognition for his unique commitment with our freedom.
Nathan Hager 0:52
Maria Karina Machado may be hoping to get in President Trump's good graces after the ouster of Nicolás Maduro. The president has said she doesn't have the support or respect to run her country, clearing the way for Venezuela's vice president, Delce Rodriguez, to take over as acting president.
Lisa Mateo 1:06
To the latest on Greenland, Nathan, both Denmark and Greenland are stepping up lobbying of U.S. lawmakers in an effort to head off President Trump's push to take control of the island. A group of senators is set to meet members of the Danish parliament in Copenhagen today to show support for Greenland's sovereignty. Jean Shaheen is the most senior Democrat of the Senate Foreign Relations Committee. She tells Bloomberg's Michelle Hussein that the Senate is just looking for clarity.
Maria Karina Machado 1:32
I don't think there is any concern on the part of our allies, Denmark and Greenland, about partnering with the United States. And that's the route we should be taking. It should be diplomatic. We should be engaging in conversations if there is an interest on the part of this administration in additional operations there.
Lisa Mateo 1:53
New Hampshire Senator Gene Shaheen. Get the full conversation on Bloomberg's The Michelle Hussein Show. It's available on the Bloomberg podcast channel on YouTube. And high level talks between Denmark, Greenland and the U.S. earlier this week ended in a stalemate.
Nathan Hager 2:07
And Lisa Bloomberg Economics has found President Trump is following through on more of his threats during his second term. In his first term, the president carried out about 40 percent of the threats he made. That rate has risen in his second administration, leading some to say that the taco trade, investor shorthand for Trump always chickens out, may be fading. We get more from Bloomberg chief emerging markets economist Zia Daoud.
Ziad Daoud 2:32
My colleague Jennifer Welsh actually looked at Trump's track record in terms of his threats and whether he carries them through. And she found that at least in the second term, he basically exercised about 60% of the threats that he came up with. And that included strikes against Houthis in Yemen, that included strikes against Nigeria, and ominously for Iran included also strikes against Iran itself. So not good news for Iran there.
Nathan Hager 3:01
Ziad Daoud of Bloomberg Economics and UN Ambassador Mike Waltz renewed threats against Iran at the UN Security Council, saying, quote, all options are on the table to stop the slaughter of protesters.
Lisa Mateo 3:12
In other geopolitical news, Nathan, China and Canada are normalizing ties this morning. The two countries reached a wide-ranging agreement to lower trade barriers, including a reduction in tariffs for Canadian canola and Chinese electric vehicles. Prime Minister Mark Carney is in China meeting with Xi Jinping. It's the first visit by a Canadian leader to Beijing in eight years.
Mark Carney 3:34
It's expected that within three years, this agreement will drive considerable Chinese investment in Canada's auto sector, creating good careers in Canada and accelerating our progress towards a net zero future and the auto industry of the future.
Lisa Mateo 3:49
And that was Canada's Mark Carney, who has been seeking to rebuild relations with Beijing and reduce Canada's reliance on the U.S. after President Donald Trump imposed sweeping tariffs.

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