Trump Tariffs Take Effect; Vicious Treasury Sell-Off | Bloomberg Daybreak: US Edition
April 9, 2025
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26:02Now PlayingTrump Tariffs Take Effect; Vicious Treasury Sell-Off | Bloomberg Daybreak: US Edition
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as posted by the channelOn today's podcast:
1) President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
2) China hasn’t immediately responded to the new US tariffs, a departure from the last two episodes when President Donald Trump hiked duties and Beijing hit back within minutes.
3) A vicious sell-off in what are supposed to be the world’s safest assets has investors grasping for reasons behind the steep declines in Treasuries which accelerated Wednesday.
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