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Trump Tariffs Come Into Effect, China & Canada Retaliate | Daybreak: Europe 04/03/2025
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March 4, 2025
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47:14Now PlayingBloomberg 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, China and Canada have announced retaliatory measures against the US, after the Trump administration went ahead with tariffs.
25 percent levies are now in force on all US imports from Canada and Mexico. Tariffs on Chinese imports have doubled from 10 to 20 percent. Meanwhile, Donald Trump has paused all US military aid to Ukraine, just days after his Oval Office bust up with President Zelenskiy.
Today's Guests: Hetal Mehta, Head of Economics Research at St James's Place & Naveen Rao, Vice President of AI at the data and AI company Databricks.
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