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Trump Expected to Unveil US-UK Trade Pact After Talks on Tariffs | Daybreak Europe 05/08/2025
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May 8, 2025
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47:16Now 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, Bloomberg understands that President Trump is expected to announce a trade agreement with the United Kingdom at a news conference later today. The agreement is likely to be a framework deal that will serve as a starting point for further negotiations. The Bank of England is expected to cut interest rates by a quarter point today.
Meanwhile, Bloomberg has learned that the Trump administration plans to rescind some Biden-era AI chip export curbs. This comes as the US and China prepare for trade talks this weekend.
Today's Guests: César González-Bueno, the CEO of Banco Sabadell, Lior Shiff, Tripledot Studios, Co-Founder & CEO & Infineon CFO Sven Schneider
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