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Roubini on Trade War, Trump Tariffs, Goldman Sees Gold at $4K | The Opening Trade 04/14

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April 14, 2025

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President Donald Trump pledged he will still apply tariffs to phones, computers and popular consumer electronics, downplaying a weekend exemption from 125% tariffs on China as a procedural step in his overall push to remake US trade. The dollar weakened to a six-month low on concern that the confusion around the Trump administration’s tariff policy will drive traders away from US assets. Europe’s Stoxx 600 index rallied, while futures for the S&P 500 and the Nasdaq 100 advanced at least 1.5%. Apple shares jumped in premarket trading. The late Friday tech tariff exemption is temporary and a part of the longstanding plan to apply a different, specific levy to the sector. Trump doubled down on the plan Sunday. “NOBODY is getting ‘off the hook,’” Trump said in a social media post Sunday. Our big guest of the morning - famed economist Nouriel Roubini on everything trade, tariffs and markets.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.

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President Donald TrumpEuropes StoxxSunday NOBODYSunday OurNouriel RoubiniThe Opening TradeEurope WithGuy Johnson

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