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Trump Tariffs Send Global Stocks into Freefall Again | Bloomberg The Pulse 04/07

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April 7, 2025

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The stampede from global equities gathered momentum Monday and investors piled into haven assets as the fallout from US President Donald Trump’s tariffs deepened. European stocks tumbled on Monday morning, approaching a bear market. President Trump and his economic team dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil and defiantly insisting a boom is on the horizon. Trump, speaking Sunday on Air Force One, struck a determined tone and repeatedly defended the tariff barrage unveiled last week. He also drew something of a line in the sand, saying he wouldn’t strike deals to cut the highest tariffs unless they eliminate the US trade deficit with that country.

Today's guests: Lucy Baldwin, Citi; Morris Reid, Actum; David O’Sullivan, EU Sanctions Envoy; Ian Livingstone, Hiro Capital

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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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US President Donald TrumpsPresident TrumpAir Force OneThe PulseFrancine LacquaLucy Baldwin CitiMorris Reid ActumIan Livingstone Hiro Capital

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