Trump Initiates Chips and Drug Probes Ahead of More Tariffs | Daybreak: Europe 04/15/2025
April 15, 2025
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2:03Tariffs Threat Weighs on Luxury: LVMH Sales Fall on Weak US, China Demand
46:41Now PlayingTrump Initiates Chips and Drug Probes Ahead of More Tariffs | Daybreak: Europe 04/15/2025
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as posted by the channelBloomberg 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, shares in automakers rise after President Trump said he is exploring temporary tariff exemptions to give auto companies more time to set up US manufacturing. However, his administration presses forward with trade probes on pharmaceutical and semiconductor imports - a precursor to potential levies. In an exclusive interview with Bloomberg, Treasury Secretary Scott Bessent dismisses speculation that foreign governments are selling off US debt following the recent rout in treasuries.
Today's Guests: Melanie Baker, Royal London Asset Management Senior Economist
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