Trump Softens Tone on China Tariffs & BOJ Hikes Rate to 17-Year High | Daybreak: Europe 01/24/2025
January 24, 2025
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47:10Now PlayingTrump Softens Tone on China Tariffs & BOJ Hikes Rate to 17-Year High | Daybreak: Europe 01/24/2025
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as posted by the channelBloomberg 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, US President Donald Trump tells Fox News he'd 'rather not' impose tariffs on China, softening his tone even as he threatens sweeping action. Trump also tells the World Economic Forum in Davos that he wants OPEC to cut oil prices, and urges the Federal Reserve to cut rates. Meanwhile, the Bank of Japan raises its policy rate to the highest level in 17 years, as Govenor Kazuo Ueda took a bullish view on inflation. Today's guests: Suntory President and CEO Takeshi Niinami, and Merck KGaA CEO Belén Garijo.
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