Biden to Quadruple China EV Tariffs, Putin Reshuffle | Bloomberg The Pulse 05/13/24

US President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week. Sources tell Bloomberg the total tariff on Chinese EVs will rise to 102.5% from 27.5%. In other geopolitical news, Russian President Vladimir Putin has replaced his long-serving defense minister with his former economy aide, and US Secretary of State Antony Blinken says Israel risks fueling a Hamas insurgency in post-war Gaza.

Today’s guests: Trevor Greetham, Royal London Asset Management; Leslie Vinjamuri, Chatham House

Video Chapters

00:00 Intro
02:37 Biden to hike tariffs on China EVs, offer solar exclusions
07:10 Trevor Greetham, Royal London Asset Management
19:24 SoftBank scores another profit to fuel Arm-centered AI shift
22:19 Vladimir Putin names economist Andrey Belousov as Defense Min. in surprise reshuffle
25:13 Leslie Vinjamuri, Chatham House
34:23 Qatari economy in focus as QEF begins Tuesday
39:40 EMEA Earnings Week Ahead: Vodafone, Deutsche Telekom
41:10 Cooling core CPI will offer minimal relief to the Fed
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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.
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