China retaliated to Donald Trump’s opening trade war tariffs by targeting a handful of American companies and slapping levies on some US goods, in a move seemingly designed to avoid escalating tensions between the world’s biggest economies. Beijing imposed a 15% levy on less than $5 billion of US energy imports and a moderate 10% fee on American oil and agricultural equipment on Tuesday, moments after new US tariffs entered effect. China said it will also investigate Google for alleged antitrust violations, although Alphabet Inc.’s search services have been unavailable in the country since 2010. Palantir shares jumped after giving a full-year revenue forecast that exceeded analysts’ estimates, thanks to what Chief Executive Officer Alex Karp described as “untamed organic growth” in demand for its artificial intelligence software. Sales will be about $3.75 billion in 2025, the Denver-based company said Monday in a statement.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.
Chapters:
00:00:00 – The Opening Trade
00:13:48 – Trump to Meet Netanyahu
00:14:07 – China Probes Google on Anti-Trust
00:14:46 – PLTR Stock Surges on AI Demand
00:17:31 – BNP CFO: CIB Firing on All Cylinders
00:27:01 – China Hits Back at US With Tariffs
00:43:06 – UBS CEO Ermotti o
00:49:02 – European Market Open
01:03:47 – UBS Boosts Buyback, CEO Ermotti Speaks
01:15:03 – US Tariffs on Mexico Delayed 30 Days
01:24:40 – EU Braces for US Trade War
01:31:46 – Hamburg Chamber of Commerce CEO on German Elections, Trump
01:35:54 – UK Prime Minister Starmer on Trade War Threat, Defense Spending
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