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Israel launched strikes across Iran on Friday morning, targeting nuclear facilities and killing top military commanders in a major escalation against its chief adversary that risks sparking a broad war in the Middle East.

The strikes were far more extensive than those Israel carried out against Iran last year and underscored the country’s growing assertiveness, as well as its military and intelligence capabilities.

Iran appeared to launch a retaliatory barrage of missiles toward later Friday, according to the Israel Defense Forces, who said in a statement that “all of Israel” was under fire. Plumes of smoke could be seen over Tel Aviv on Friday evening. Iran did not immediately comment on the action.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Center for Strategic and International Studies Middle East Program Director Mona Yacoubian.
• The Washington Institute Senior Fellow Holly Dagres.
• Bloomberg Intelligence Senior Commodities Strategist Mike McGlone.
• Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino.

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President Donald Trump said Israel “could very well” strike Iran but that he had advised against an attack while negotiations were ongoing, as the departure of US staff from the region fans concerns about a coming assault.

“I don’t want to say imminent, but it looks like it’s something that could very well happen,” Trump told reporters at an event Thursday at the White House.

In recent days, Trump has said he is less confident the US will reach a deal with Iran to curb its nuclear ambitions in exchange for sanctions relief. The president has repeatedly said that while he wants a diplomatic solution, he does not want Tehran to acquire nuclear weapons and warned the US could resort to military action if a deal is not reached.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Center for Strategic and International Studies Senior Associate Natasha Hall.
• Beacon Global Strategies Managing Director Michael Allen.
• Bloomberg US Transport Deputy Team Lead Ryan Beene.
• Bloomberg Consumer Finance Reporter Paige Smith.
• Former Republican Congressman and Bloomberg Contributor Patrick McHenry.

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General Motors Co. plans to invest $4 billion in its US plants over the next two years in response to President Donald Trump’s tariffs in a move that reduces production in Mexico while boosting domestic output of some of its some of its top-selling gas-powered vehicles.

The spending will expand factories in Michigan, Kansas and Tennessee. The moves will boost annual US production capacity by 300,000 vehicles, GM Chief Financial Officer Paul Jacobson said at a Deutsche Bank conference on Wednesday

Assembly of several top-selling models, including its very profitable Chevrolet Silverado and GMC Sierra pickup trucks and the Chevrolet Equinox SUV, will move to factories in the US from Mexico. GM plans to add between 3,000 and 4,000 US jobs when all production is in place, a spokesman said.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

• Bloomberg's Matt Miller and General Motors CFO Paul Jacobsen.
• House Republican Conference Chairwoman Congresswoman Lisa McClain of Michigan.
• Bloomberg Economics Chief US Economist Anna Wong.

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