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    Home » Trump Signs Travel Ban & Musk Seeks To ‘Kill’ Tax Bill | Daybreak Europe 06/05/2025

    Trump Signs Travel Ban & Musk Seeks To ‘Kill’ Tax Bill | Daybreak Europe 06/05/2025

    webmasterBy webmasterJune 5, 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 Trump has announced a travel ban affecting a dozen countries around the world, reinstating one of the most controversial and defining measures from his first term.

    Meanwhile, President Trump broadcast Vladimir Putin’s warning that he’ll retaliate against Ukraine for its recent stunning drone strikes deep inside Russian territory.

    Bloomberg understands that Elon Musk is on a mission to block President Trump’s bill after he tried- and failed- to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation.

    Today’s guest: Sabrina Kanniche, Senior Economist at Pictet Asset Management

    Chapters:
    00:00:00 – Daybreak: Europe
    00:02:20 – Asian Stocks Mostly Edge Lower
    00:03:06 – Japan Bond Sale Gets Weak Demand
    00:04:40 – Donald Trump Issues New Travel Bans
    00:06:26 – Travel Ban Targets Afghanistan, Iran, Libya, Somalia, Among Others
    00:07:23 – Trump: Putin Plans Ukraine Retaliation
    00:08:56 – Musk Urges Americans Act to "Kill" Trump Tax Bill
    00:11:04 – Treasuries Rally on Weak Data
    00:15:20 – German Chancellor Merz to Meet Trump Later Today
    00:20:43 – Nintendo Launches Switch 2
    00:21:54 – Nintendo Bets Big on Swtich 2
    00:22:56 – Alphabet CEO Talks Growth Strategy
    00:26:33 – ECB Rate Decision Due
    00:28:22 – ECB Seen Cutting Main Rate to 2%
    00:30:13 – Sabrina Khanniche, Pictet Asset Management Senior Economist
    00:37:21 – EU Economy Commissioner Sees Negative Impact From Trump Tariffs
    00:41:56 – Hegseth: NATO Allies Should Commit to 5% Defense Target
    00:44:45 – Opportunities in Europe at SuperReturn
    ——–
    More on Bloomberg Television and Markets

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