China’s government is considering suspending its 125% tariff on some US imports, people familiar with the matter said, as the economic costs of the tit-for-tat trade war weigh heavily on certain industries.
Meanwhile, President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.
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 Guy Johnson and Lizzy Burden.
Chapters:
00:00:00 – The Opening Trade
00:02:05 – Trade War: China Vows Emergency Plan Prep
00:04:28 – Fed’s Waller: Supports Fed Cuts
00:09:14 – US to Demand Putin Accept Ukraine Military
00:10:53 – American Airlines Withdraws Forecast
00:11:14 – Airline Industry in Recession: Southwest CEO
00:12:18 – Stock Earnings Ahead
00:14:29 – Tariffs: Yen, Euro, CFH Weakening
00:17:42 – Treasuries Rally
00:26:46 – Tariffs: Oxford’s Ngaire Woods on Global Outlook
00:27:50 – Earnings
00:33:20 – Stocks to Watch: T-Mobile
00:40:50 – Gold Price Check
00:49:37 – Pharma Stocks
01:02:11 – China Tariff Exemptions
01:04:41 – Forex: Euro-USD Target
01:13:14 – UK-EU Summit Announced
01:15:27 – UK Labour Gov. ‘NATO First’ Strategy
01:29:17 – European Earnings: Beats, Misses
——–
More on Bloomberg Television and Markets
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