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The Playbook Podcast

Trump tackles tricky trade talks

The Playbook Podcast

POLITICO

News, Daily News, Politics, Government

3.9699 Ratings

🗓️ 29 October 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

President Donald Trump is winding down his trip across Asia. Today, he meets with South Korean President Lee Jae Myung for what many are expecting will be thorny trade talks. But in a way, everything now is a precursor to the big finale of the trip: Trump’s meeting with Chinese President Xi Jinping. Playbook’s Jack Blanchard and White House Bureau Chief Dasha Burns walk through what to expect. Plus, eyes are fixed on Fed Chair Jerome Powell again for his interest rate announcement later today.

Transcript

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0:00.0

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0:04.7

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0:08.0

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0:19.0

Visit Optum.com slash redefine RX to see how we're

0:23.6

redefining pharmacy care for good. Today on the playbook podcast, Donald Trump is in South Korea

0:35.9

and will be sitting down for dinner shortly with the

0:38.2

president. He was giggling on the plane last night. We've got all the latest on what he said.

0:43.9

And interest rates are likely to be cut this afternoon. We'll be talking all things, Jay Powell.

0:49.8

Hello, I'm Jack Blanchard. And I'm Dasha Burns. It is Wednesday, October 29th. How you doing, Dasha?

0:56.2

Happy humpday. I was listening to Donald Trump on the plane over to South Korea last night,

1:01.9

wondering if you were envious of the gaggle of journalists on board that plane and in Asia for a week,

1:07.4

or thanking your lucky stars that you get to stay in D.C. this time. With this

1:11.1

administration, we all get our fair share and mostly what we all do is spend our time listening

1:16.6

to the president speak. I'm glad I slept in my own bed last night. By the time you're listening

1:21.4

to this this morning, Trump should be sitting down for dinner with the South Korean president, Lee

1:25.5

James Young. He landed in Korea last night. This is the

1:28.7

final leg of his Asian tour. As regular listeners will know, he's already been to Malaysia and Japan this

1:33.9

week. Today's trade talks, Dasha, with President Lee, look, a bit trickier than the other meetings

1:39.4

that Donald Trump has had so far to me. They have this sort of outstanding issue with Korea

1:43.8

about the details of

1:45.0

their trade deal. And Donald Trump's very keen for everything to be a big win and a big deal and a big

...

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