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China, Mexico, Canada Tariffs Knock Europe Stocks; Ukraine Aid Latest | Bloomberg The Pulse
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March 4, 2025
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43:13Now PlayingUS President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies and doubled an existing charge on China, spurring swift reprisals that plunged the world economy into a deepening trade war. On Tuesday, for the second time in a month, China announced tariffs as high as 15% on US agricultural goods and banned trade with some defense companies. The Canadian government also announced a sweeping package of counter-tariffs against US-made products. Meanwhile the European Union will propose extending €150 billion in loans to boost defense spending as the bloc tries to adjust to President Trump’s abrupt pullback of American security on the continent. Trump has ordered a pause to all US military aid to Ukraine.
Today's guests: Gregory Davis, The Vanguard Group President & CIO; Jonathan Adam Stanton, Weir Group CEO; Nikolai Setzer, Continental CEO; Khaled Salmeen, ADNOC Downstream Industry CEO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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