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Trump Says He’s Willing to Lower China Tariffs at Some Point | Bloomberg The Pulse 05/05
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46:49Now PlayingPresident Donald Trump said he is willing to lower tariffs on China at some point because the levies now are so high that the world’s two largest economies have essentially stopped doing business with each other. Trump has placed tariffs as high as 145% on Chinese imports. China has retaliated with tariffs of 125% on American imports. Trump announced Sunday that he plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies on US imports to the entertainment sector for the first time. The dollar weakened and US equity-index futures dropped, threatening to end the S&P 500’s longest winning streak in two decades, as uncertainty about US trade policy hung over markets. Crude oil slumped after OPEC+ announced another supply increase
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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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