From Bloomberg Markets and Finance.
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 US President threatens a 35% tariff on some Canadian goods – up from the 25% announced in April, on imports not covered by the US-Mexico-Canada Agreement. In an interview with NBC News, Donald Trump also says he’s eyeing blanket tariffs of 15% to 20% on most trading partners.
Meanwhile, JPMorgan Chase CEO Jamie Dimon warns of complacency in the markets. He says a tariff framework between the European Union and the US “needs to get done,” adding that the EU has a "huge problem" in competitiveness.
Chapters:
00:00:00 – Daybreak: Europe
00:02:25 – Asian Markets React to Trump’s 35% Tariffs on Canada
00:04:08 – Jamie Dimon Warns Markets Are Complacent on Tariffs
00:05:46 – Trump: 35% Taiffs on Goods From Canada
00:08:35 – Baseline US Tariff Could Rise From 10% to 20%
00:10:39 – Equities Rally Despite Tariff Uncertainty
00:15:29 – EU Wants Level Playing Field
00:16:12 – China’s Wang Yi Opposed to Unilateral Tariffs
00:18:14 – Ruboio to Meet China’s Wang Yi in Malaysia
00:20:46 – Sweeping Changes at Spain’s Banco Santander
00:22:42 – Citadel Securities Buys Morgan Stanley’s Options Market Maker
00:23:06 – UK Arrests Teens Linked to M&S Hacks
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