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, the market rout from President Trump’s tariffs deepens, with Asian shares making the biggest plunge in 16 years. Investors condemn Trump’s decision to launch expansive levies, but the President’s team denies they’re cause a recession. Fed Chairman Jerome Powell warns the economic impact from tariffs may be significantly larger than expected.
Today’s Guests: Francoise Huang, Allianz Trade Senior Asia & Global Trade Economist; Ludwig Ensthaler, 468 Capital General Partner.
Chapters:
00:00:00 – Daybreak Europe
00:02:42 – Asia Plunges as Tariff Rout Worsens
00:05:13 – China Weights Stimulus, Tariff Defense
00:12:11 – Trump Rejects Market Rout Fears
00:13:17 – Powell: Tariff Impact Likely Significant
00:16:38 – EU Ministers Meet Amid Trade War
00:21:24 – Netanyahu to Meet Trump in Washington
00:23:59 – Israel Backtracks Over Killing of Medics
00:26:49 – Oil Plummet as Trade Risks Rise
00:30:53 – Francoise Huang, Allianz Trade Senior Asia & Global Trade Economist
00:31:28 – Trump Digs in on Tariffs
00:36:33 – UK Vows More Tariff Suupport
00:37:16 – Chinese Objections Upend Trump TikTok Plan
00:38:22 – Trade War Stalls IPOs, M&A
00:41:23 – Ludwig Ensthaler, 468 Capital General Partner
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