China’s top diplomat accused Donald Trump of taking a hypocritical approach to bilateral ties and denounced tariffs, as tensions rise between the world’s largest economies. Foreign Minister Wang Yi defended his nation’s actions on stemming the flow of fentanyl to the US on Friday at a high-profile briefing, and accused the Republican leader of using the issue as a pretext to pressure his government. A simmering tension in the crypto industry resurfaced after Trump signed a long-awaited order creating a strategic Bitcoin reserve. Even as crypto executives issued effusive social media posts praising the move, Bitcoin fell as much as 5.7%.
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 Tom Mackenzie.
Chapters:
00:00:00 – Opening Trade
00:03:43 – Bessent Defends Trump Tariffs
00:12:08 – UK Welfare Program Talks
00:12:45 – SpaceX Rocket Explodes
00:15:22 – German Bond Rout Goes Global
00:23:34 – EU Not Trying to Replace NATO: EU Defense Commissioner Kubilius
00:36:06 – Market Trends That Will Last for Years
00:45:40 – European Markets Open
01:06:15 – Forex Market Check
01:11:10 – ECB Cuts Again
01:18:59 – EU Rushes to Mobilize Billions of Euros
01:22:28 – Euro Defense Stocks Soar Again
01:31:12 – US Payrolls Data Today
01:33:07 – Six Nations: Ireland Vs France
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