Republican presidential candidate Donald Trump defended his plans to overhaul the US economy through dramatic tariff increases and more direct consultation with the Federal Reserve, arguing that his policies would result in substantial growth despite projections that his agenda would fuel inflation and spike the national debt. In an interview with Bloomberg News Editor-in-Chief John Micklethwait, Trump also declined to say if he had spoken to Russian President Vladimir Putin since leaving office in 2021. In corporate news, ASML extended losses following its profit warning on Tuesday, sending ripples across the chipmaking sector. LVMH and Salvatore Ferragamo led the retreat in luxury stocks after weak updates.
Today’s guests: Hugh Gimber, JPMorgan Chase; Odile Renaud-Basso, EBRD President
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:43 – Trump: ‘tariff’ is my favorite word
00:03:42 – Hugh Gimber, JPMorgan Chase
00:09:45 – UK inflation falls below Bank of England’s target
00:15:16 – Chipmakers’ future amid stormy geopolitical relations
00:16:52 – ASML plunges on booking miss
00:19:44 – Headlines
00:23:52 – Odile Renaud-Basso, EBRD President
00:31:45 – Wall Street banks notch surprise trading haul
00:37:54 – Leaders with Lacqua: Estelle Brachlianoff, Veolia CEO
00:39:03 – LVMH slumps on sales miss, China impacts
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