Trump Dismisses Tariff Pause, China Vows ‘Fight to the End’ | Daybreak: Europe 04/08/2025

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.

On today’s show, Asia markets rebound after posting historic losses. China promises to ‘fight to the end’ as President Trump threatens additional 50% levies on Chinese goods. The White House rejects a tariff pause, while some of Wall Street’s biggest titans line up to condemn the tariffs.

Today’s Guests: Samuel Masse, European Confederation of Independent Winegrowers President; Emmanuel Cau, Barclays Head of European Equity Strategy

Chapters:
00:00:00 – Daybreak Europe
00:00:20 – Market Rebound
00:01:05 – Futures, Asia Rebound After Historic Rout
00:07:29 – China Vows Tariff ‘Fight to the End’
00:09:26 – Trump Threatens 50% Extra Levy on China
00:10:43 – Trump Dismisses Tariff Pause
00:14:36 – Bond Markets Tumble
00:16:17 – EU Weights Retaliatory Tariffs
00:18:01 – Trump Directs US Steel Review
00:22:13 – Trump: US, Iran in Direct Talks
00:23:19 – Shein Urged to Halt Supply Shift
00:26:49 – Samuel Masse, European Confederation of Independent Winegrowers President
00:28:18 – Wall Street Titans Blast Tariffs
00:38:23 – US Futures Edge Higher
00:43:10 – Emmanuel Cau, Barclays Head of European Equity Strategy
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