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    Home » China State Media Says US Has Reached Out to Initiate Tariff Talks | Daybreak Europe 05/01/2025

    China State Media Says US Has Reached Out to Initiate Tariff Talks | Daybreak Europe 05/01/2025

    webmasterBy webmasterMay 1, 2025 News 3 Mins Read
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    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, Microsoft and Meta shares surging in late trading after the tech giants reported better-than-expected earnings.

    Tesla Chair Robyn Denholm pushed back against a report the board was looking to replace CEO Elon Musk, saying directors are “highly confident” in his ability. The rebuke came after the Wall Street Journal said that board members contacted executive search companies about a month ago to hunt for a successor to Musk, as investors fretted about the amount of time he was devoting to his US government role.

    Meanwhile, the US and Ukraine have signed a deal over access to the nation’s natural resources. Kyiv hopes the agreement will secure President Trump’s support in ceasefire talks with Russia.

    Elsewhere, US President Donald Trump’s administration has been seeking contact with Beijing to initiate talks on the massive tariffs Washington has imposed on China, according to a state-run media outlet.

    Today’s Guests: Lale Akoner, Global Market Analyst at eToro & Will Blyth, Arondite’s CEO & Co-Founder

    Chapters:
    00:00:00 – Daybreak Europe
    00:02:54 – Tech Earnings
    00:03:41 – Microsoft & Meta Beat
    00:06:24 – Trump: Deserve A ‘Pass’ On GDP Contraction
    00:09:03 – BOJ Holds Policy Rate Unchanged
    00:12:52 – Airbus Tells US Airlines To Shoulder Tariffs
    00:17:05 – US, Ukraine Sign Resources Deal
    00:19:59 – Spain Antitrust Agency Is Said to Clear BBVA’s Sabadell Bid
    00:25:02 – Trump: Tariffs Politically Risky, But Not Rushing Deals
    00:26:39 – US Has Reached Out to China to Initiate Tariff Talks: CCTV
    00:26:51 – EU to Present New Trade Proposals to US Negotiators Next Week
    00:31:00 – Lale Akoner, eToro, Global Market Analyst
    00:36:22 – Will Blyth, Arondite’s CEO & Co-Founder
    00:40:11 – Musk Adds Texas City To Empire
    00:43:02 – Tesla’s Denholm: Media Report on CEO Search ‘Absolutely False’
    ——–
    More on Bloomberg Television and Markets

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