Bloomberg understands that China has ordered its airlines to stop taking Boeing deliveries, escalating the trade war with the US. It comes after President Trump imposed tariffs of as high as 145% on Chinese goods. And Beijing unveiled retaliatory tariffs of 125% on American goods this past weekend.
Meanwhile, LVMH shares dropped after the luxury giant posted a sales slump on weak consumer demand in China and the US. The group warning it’s considering price hikes to offset the impact of tariffs
Today’s guests: Jeremy Stretch, CIBC; Joost Beaumont, ABN Amro; Yu Jie, Chatham House
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:29 – China orders halt to Boring jet deliveries
00:03:35 – Trump floats temporary reprieve for autos
00:08:49 – Bessent dismisses sovereign selloff fears
00:10:09 – Jeremy Stretch, CIBC
00:16:30 – Solomon: Markets still volatile
00:18:49 – Joost Beaumont, ABN Amro
00:23:54 – Headlines
00:24:48 – LVMH sales fall more than expected
00:28:30 – Xi: Opposes ‘unilaterial bullying’ on trade
00:29:40 – Yu Jie, Chatham House
00:36:28 – Bessent: US China tariffs ‘far from a joke’
00:41:00 – EU Trade Commisioner: EU ready for trade deal with US
00:45:51 – Christian Nolting, Deutsche Bank CIO
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More on Bloomberg Television and Markets
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