Newsom on Trump: This Is a Wrecking Ball Presidency

Watch on YouTube ↗  |  January 29, 2026 at 20:37  |  1:06  |  Bloomberg Markets
Speakers
Gavin Newsom — Governor of California

Summary

California Governor Gavin Newsom, speaking with Brad Stone at a Bloomberg Newsmakers event, criticizes Donald Trump's presidency as a 'wrecking ball' and says Trump-induced friction is accelerating major trade deals, including India-EU and EU-South America. He describes a rupture in global trust, saying European and other leaders view the US as unpredictable and now unreliable. The discussion is political and geopolitical commentary without specific investment recommendations.

  • Gavin Newsom criticizes Trump's presidency as a 'wrecking ball.'
  • He cites India's new tariff deal with the EU after 20 years of stalled talks.
  • He says Trump-created friction helped accelerate EU deals with India and South America.
  • Newsom describes a rupture in trust with global leaders.
  • He says leaders view the US as unpredictable and now unreliable.
  • The clip is political commentary and contains no actionable investment recommendations.
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