Power Play

One hundred days into Donald Trump’s second presidency and he’s already swung another election. How will Canadian Prime Minister Mark Carney, emboldened by his victory at the polls, take on Trump? Host Anne McElvoy talks to Ralph Goodale, who has been at the centre of Canadian politics for several decades and now holds one of the country’s top diplomatic posts as High Commissioner to the U.K. A former finance minister, he has served in the cabinets of three Liberal prime ministers from Jean Chrétien to Justin Trudeau between 1993 and 2019. She's also joined by Nick Taylor-Vaisey, POLITICO’s Ottawa bureau chief and Playbook author. He’s been covering one of the most eventful election campaigns in recent Canadian history. Senior Producer: Peter Snowdon Learn more about your ad choices. Visit megaphone.fm/adchoices

In a dramatic twist, President Trump announced an abrupt reversal of the tariff policy that had spooked the markets and threatened to upend world trade. While many trading partners have been given a temporary reprieve, Washington’s tit for tat with Beijing has reached new heights. Where does it leave the credibility of the Trump administration? Host Anne McElvoy talks to Jason Furman, former U.S. President Barack Obama’s top economic adviser and chair of his Council of Economic Advisers. He’s currently the Aetna Professor of the Practice of Economic Policy jointly at Harvard Kennedy School and the Department of Economics at Harvard University. She's also joined by Nahal Toosi, POLITICO’s senior foreign affairs correspondent, who has been closely following the machinations of Trump’s new tariff regime. Learn more about your ad choices. Visit megaphone.fm/adchoices

Germany entered a new political era this week as the Bundestag met for the first time since last month's pivotal general election. Does the country's leader-in-waiting, Friedrich Merz, have what it takes to reassure a fractious nation worrying about its fading status as an economic giant and lead Germany toward smoother transatlantic relations? Some question whether he has the political skillset to provide firm leadership. Host Anne McElvoy talks to Gordon Repinski, POLITICO’s executive editor in Germany and host of the Berlin Playbook podcast, and Jennifer Wilton, editor-in-chief of the daily newspaper Die Welt. They survey the challenges facing Merz as he tries to forge a grand coalition between his Christian Democrat party and the Social Democrats. A sluggish economy, a growing defense budget and the war in Ukraine loom large as Merz prepares to take over the Chancellery. Learn more about your ad choices. Visit megaphone.fm/adchoices

The United States-Ukraine plan for a temporary ceasefire has turned up the heat on Russian President Vladimir Putin. What are Donald Trump's next moves if Putin either refuses to accept the deal or places unacceptable demands on Ukraine and its allies? Host Anne McElvoy talks to Kurt Volker, who has a particular insight into Trump’s thinking on Ukraine. Volker was the U.S. special representative during his first administration and America’s ambassador to NATO under President George W. Bush. They discuss how any ensuing negotiations might play out and whether a meaningful peace deal can be achieved. Learn more about your ad choices. Visit megaphone.fm/adchoices

The French president and British prime minister have been to the White House to urge President Donald Trump not to abandon Kyiv as negotiations with Russia loom. Trump's attacks on Ukraine President Volodymyr Zelensky and his administration's approach to the Western alliance have caused consternation among European capitals. This week, host Anne McElvoy talks to Dan Crenshaw, a Republican congressman representing the Second Congressional District in Texas and an ally of President Trump. A former Navy SEAL, Crenshaw served in Iraq and Afghanistan, where he lost an eye to a bomb blast in the province of Helmand. He was in London to attend the Alliance for Responsible Citizenship conference, where right-wing thinkers from Europe and the U.S. gathered. They discuss Trump's position on Ukraine, Russia and the Western alliance as well as transgender rights in the U.S. military. Crenshaw argues that Europe needs to mount a more aggressive defense posture or "shut up" about the need for American support. Learn more about your ad choices. Visit megaphone.fm/adchoices

Donald Trump may have ruffled feathers with his closest neighbors in recent weeks, but he has a willing ally in South America. Argentina’s President Javier Milei has become something of a hero in the MAGA movement for his populist style and radical economic reforms. Will the love affair outlast an era of tariff-wielding? Host Anne McElvoy talks to Federico Sturzenegger, the former president of Argentina’s central bank and an economist at Harvard. He is now leading the Ministry of Deregulation and State Transformation under Milei. They discuss whether the South American free-market experiment provides a catalyst for Trump’s vision for the United States' economy and the wider world, and whether Margaret Thatcher — elected as Britain's Conservative Party leader 50 years ago this week — is an inspiration for Milei. Learn more about your ad choices. Visit megaphone.fm/adchoices

Donald Trump has made a blitz of announcements designed to boost the United States' tech industry. But then a new Chinese artificial intelligence model came along and caused a stir on Wall Street. Is this a new dawn or a fresh threat? Host Anne McElvoy talks to one of Silicon Valley’s leading entrepreneurs, Reid Hoffman. Co-founder of LinkedIn, he’s invested in companies like Airbnb and Facebook and is now investing in AI startups. His new book is called "Superagency: What Could Possibly Go Right with Our AI Future." How does his optimistic vision for the future square with the disruptive force of a world powered by AI — and one in which American and Chinese rivalry could have unforeseen consequences? Learn more about your ad choices. Visit megaphone.fm/adchoices

This year’s annual jamboree in the Alps is drawing to a close. And the man who’s dominated the week — Donald Trump —spoke to the World Economic Forum. He’s hardly the centrist “Davos Man” but he had a message from Washington for the gathering. In Power Play's final edition from the World Economic Forum in Davos, host Anne McElvoy talks to William Browder, financier and activist, who has been a leading campaigner against Vladimir Putin’s regime since his lawyer, Sergei Magnitsky, was arrested and died in custody in Russia 15 years ago. Does he think Trump can strike a deal with Putin to end the war in Ukraine? Later, she talks to Suzanne Lynch, author of POLITICO’s Global Playbook, who steps away from her whirlwind of conversations to sum up the week’s events — and gossip — here in Davos. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump’s first 24 hours in the White House have certainly been the talking point here in Davos, as business leaders and politicians digest what the new era means for them and the rest of the world. Continuing Power Play's daily coverage from the World Economic Forum in Davos, host Anne McElvoy talks to two figures who know how the President operates and who have changed their minds about him. Anthony Scaramucci was briefly the White House’s communications director in Donald Trump’s first administration before going on to campaign against him. Later, she talks to historian Niall Ferguson, senior fellow at Stanford and Harvard Universities and an authority on American and European political history. Previously a critic, he argues that Trump's second term ambitions should be taken seriously. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s that time of year! Thousands of business leaders, politicians, tech maestros and an array of hangers are about to descend on the Swiss Alps. As the 55th meeting of the annual World Economic Forum gets underway in Davos, many eyes will be on Washington D.C. when Donald Trump takes the presidential oath — and a new global era begins. To open Power Play's daily coverage of Davos, host Anne McElvoy is joined by POLITICO's Jack Blanchard in Washington, where he starts today as the new managing editor of Playbook, and a doyen of Davos, Adrian Monck, who was Head of Communications for the World Economic Forum between 2009 and 2023. They discuss what to expect from Trump's inauguration and the diplomacy that goes on behind the scenes at the forum. Learn more about your ad choices. Visit megaphone.fm/adchoices

Elon Musk's controversial postings on British politics have ignited the row over the United Kingdom's long-running child grooming scandal. Musk's interventions and his proximity to Donald Trump are becoming a prominent feature in political debate on both sides of the Atlantic. This week, host Anne McElvoy talks to Rupert Soames, chair of the Confederation of British Industry, the U.K.’s biggest business lobby group — and grandson of Winston Churchill — about what the new administration in Washington and Musk's influence mean for the transatlantic business relationship. The U.K.'s economy has been in the doldrums and a tax-raising budget from the new Labour government has put business leaders’ noses out of joint. Will the return of Trump to the White House galvanize or harm economic ties across the pond? Learn more about your ad choices. Visit megaphone.fm/adchoices

Out with the old and in with the new or in the case of 2025, it’s back to the future with the return of Donald Trump to the White House. As America and her allies prepares for Trump 2.0, what can we be certain of in an increasingly unpredictable and fractious world? In the final episode of Power Play this year, host Anne McElvoy is joined by POLITICO's Global Editor-in-chief John Harris and Nicholas Vinocur, editor-at-large in POLITICO's Europe newsroom and author of Brussels Playbook. They chew over an eventful election year in 2024 and look ahead to what 2025 might bring. Learn more about your ad choices. Visit megaphone.fm/adchoices

The toppling of the French prime minister has caused a massive headache for French President Emmanuel Macron just days before he receives U.S. President-elect Donald Trump in Paris. As one president returns to the world stage, could the other’s days be numbered? France is convulsed by crisis after its government suffered the humiliation of losing a no-confidence vote for the first time in over 60 years. Could Michel Barnier’s downfall hasten the demise of Emmanuel Macron and even trigger a financial crisis in the Eurozone’s second-largest economy? To chew over a dramatic week in Paris and its reverberations for France’s relations across Europe and with the U.S., host Anne McElvoy talks to Marion Solletty, POLITICO’s executive editor in France, and Alexandre Kouchner, political analyst and lecturer at the Sciences Po university. Learn more about your ad choices. Visit megaphone.fm/adchoices