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    Home » Trump Extends China Truce for 90 Days, Averting Tariff Hike | Daybreak Europe 8/12/2025

    Trump Extends China Truce for 90 Days, Averting Tariff Hike | Daybreak Europe 8/12/2025

    webmasterBy webmasterAugust 12, 2025 News 2 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, President Donald Trump extended a pause of tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.
    Trump signed an order extending the truce through Nov. 10, deferring a tariff hike set for Tuesday, with “All other elements of the Agreement” remaining the same, according to Trump.

    Elsewhere, China has urged local companies to avoid using Nvidia Corp.’s H20 processors, particularly for government-related purposes, according to people familiar with the matter.

    Today’s guest: Vidya Peters, DataSnipper CEO.

    Chapters:
    00:00:00 – Daybreak Europe
    00:00:19 – US-China Tariff Pause Extended
    00:02:06 – US Inflation Seen Ticking up
    00:04:04 – Trump Extends China Truce for 90 Days
    00:06:10 – China Urges Firms Not to Use Nvidia H20 Chips in New Guidance
    00:13:18 – CPI Components to Watch
    00:17:42 – EU Ready to Further Contribute to Ukraine Security Guarantees
    00:21:20 – BBV Expects to Start Takeover Bid Acceptance Period in September
    00:29:18 – XAI Will Take Legal Action Against Apple: Elon Musk Says
    00:32:48 – UK GDP Figures Likely to Show Economy Slowing
    00:37:31 – AI Unicorn Datasnapper Links With Microsoft
    00:40:13 – Vidya Peters, DataSnipper CEO
    ——–
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