February 4, 2025
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46:21Now PlayingUS stock futures decline amid trade war concerns as Beijing retaliates against President Trump's 10% levy with targeted tariffs on US goods and some policies aimed at US firms. Mads Pedersen of Human Edge Investment is exercising caution at what he calls the beginning of a year of trade war, reducing exposure to equities and high yield. Adam Posen of the Peterson Institute calls Trump's tariffs so far a "trial balloon," considering them a prelude to broad 10-15% tariffs across the board. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
#trump #politics #china
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