The European Union said it will respond to any tariffs the US might impose on it, escalating a potential transatlantic trade dispute. “I deeply regret the US decision to impose tariffs on European steel and aluminum exports,” European Commission President Ursula von der Leyen said in a Tuesday statement. “Unjustified tariffs on the EU will not go unanswered — they will trigger firm and proportionate countermeasures.” President Donald Trump on Monday ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.
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 Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:01:57 – BP $1.75B Share Buyback
00:05:25 – Kering Implements Headcount Freeze to Control Costs
00:10:20 – Trump Tells Israel to End Hamas Truce If Hostages Not Returned Soon
00:11:21 – Elon Musk OpenAI Bid Rejected by Sam Altman on X
00:14:27 – Trump’s Steel, Aluminum Tariffs Take Effect March 12
00:23:33 – Bain Capital’s Lavine on Trump Tariffs, M&A, AI
00:37:11 – Boston Celtics Seek New Owners
00:38:21 – Gold Price Benefits From Policy Damage to US: 3-Minute MLIV
00:45:36 – European Market Open
01:01:41 – Sefcovic: EU Will Impose Counter Measures Against US Tariffs
01:03:55 – UniCredit Stock Falls After Earnings
01:09:57 – Gucci Sales Tumble, Kering Stock in Focus
01:11:11 – BP Stock Outlook, Pledges Strategy Reset on Buybacks
01:22:56 – South Korea to Send Economic Delegation to US
01:24:51 – European Stocks Rebound
01:27:14 – Olaf Scholz: EU Will Respond to US Tariffs
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
