Tariff Fears and Europe’s Nightmare | Bloomberg Surveillance | March 3, 2025

Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 3, 2025

Featuring:
• Peter Trubowitz, professor at London School of Economics, discusses tariffs and geopolitics as President Donald Trump is planning to impose new levies on Canada, Mexico and China, just days after the US relationship with Ukraine was thrown into limbo amid a contentious Oval Office meeting with Ukrainian President Volodymyr Zelenskiy
• Jack Devine, founder and chairman of The Arkin Group and a US Central Intelligence Agency veteran, examines what President Trump’s seemingly isolationist leanings mean for the global power hierarchy. Ukrainian President Zelenskiy says he is willing to meet with President Trump again if invited. Zelenskiy signaled that Ukraine is ready to accept a natural resources deal with the US, while European leaders are trying to mend the rift between the two parties.
• Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, offers her outlook for stocks amid uncertain US growth and incoming tariffs. Markets are bracing for a looming March 4 tariff deadline, with potential levies of 25% on Canada and Mexico and an additional 10% on China.
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