US Blacklists Tencent & CATL for Alleged Chinese Military Ties | Daybreak: Europe 01/07/2025

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.
Today’s guest: Charlotte Mueller, Chief European Economist at Swiss RE.

Chapters:
00:00:00 – Daybreak Europe
00:01:27 – Traders Brace for Trump Tariffs
00:02:44 – Bitcoin Tops $100K
00:03:49 – Yen Enters Intervention Zone
00:04:50 – Canada’s Trudeau Quits After 9 Years in Power
00:06:21 – Who will replace outgoing Canadian PM Trudeau?
00:08:16 – Trump Says He Won’t Pare Back Tariffs
00:09:52 – US Bank Stocks Climb as Barr Exits
00:11:58 – Nvidia Unveils Powerful Graphics Cards
00:15:20 – US Adds Tencent and Tesla’s China Battery Maker to Blacklist
00:17:18 – Tencent, CATL Deny Military Ties
00:19:09 – AI’s 2025 Outlook
00:20:29 – Shift to New AI Training Models
00:21:50 – US AI Competition With China
00:24:22 – Traders Brace for Trump Tariffs
00:29:05 – Charlotte Mueller, Swiss Re’s Chief European Economist
00:37:18 – UK Parties Unite in Urging Trump to Rethink Musk’s Meddling
00:37:26 – Who Will Replace Trudeau?
00:38:50 – Tencent Shares Slide, Touching Session Low
00:41:03 – Canada Tilts Right as Inflation Claims Trudeau as Latest Victim
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