Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, President Donald Trump expressed confidence in his tariff plan, acknowledging potential "transition problems" but believing it will ultimately be "a beautiful thing".
The US tariffs on China have risen to 145%, triggering a trade war that has affected global financial markets, with the S&P 500 Index sinking more than 6% on Thursday.
Trump indicated a willingness to be "flexible" on exemptions for companies or countries from the tariff regime, and expressed optimism that China would eventually come to negotiate.
Today’s guests: Shana Sissel, Banrion Capital CEO; Marija Veitmane, State Street Global Markets Equity Research Head.
Chapters:
00:00:00 – Daybreak Europe
00:01:13 – Markets Slide on Tariff War Woes
00:06:03 – Trump Sees ‘Transition Problems’ With China Tariffs at 145%
00:08:33 – Xi to Visit Southeast Asia as Trump Escalates Tariff War
00:10:21 – Spanish Premier Begins Outreach to China, Calls It Partner of EU
00:12:36 – Markets Plummet as Tariff-War Woes Fuel Exodus From US Assets
00:16:55 – EU Finance Minister to Meet in Warsaw
00:21:45 – Ukraine Premier Says US Minerals Deal Can’t Hurt Kyiv’s EU Goals
00:22:58 – NY Helicopter Crash Kills Six
00:23:18 – China Acknowledges Role in US Infrastructure Hacks: WSJ
00:24:15 – US Assets Under Pressure
00:26:27 – Dollar Slide Extends After Biggest One-Day Plunge Since 2022
00:29:05 – Dollar Emerges as Latest Victim of This Week’s Markets Mayhem
00:30:42 – Marija Veitmane, State Street Global Markets Equity Research Head
00:31:51 – US Says China Tariffs Now at 145%
00:35:58 – Tariff Chaos Comes for Earnings, Leaves Wall Street Flying Blind
00:38:41 – Shana Sissel, Banrion Capital CEO
00:45:22 – Trump Flip-Flops on Trade Policy
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