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Canada Backs Down, UK Car Tariffs Slashed; Europe Basks in Heatwave | Daybreak Europe 06/30/2025
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June 30, 2025
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47:13Now 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, Canada rescinds its digital services tax after the US President abruptly ended trade talks. Mark Carney's government now hopes to agree a trade deal by July 21. Meanwhile a deal to cut US tariffs on UK car and aerospace exports comes into effect, but levies on British steel remain.
Also on the programme, the race to get Donald Trump's One Big, Beautiful Tax Bill passed before US Independence Day, and Europe bakes in a heatwave, with temperatures up to 10C above average.
Today's guest: Tatjana Greil Castro, Muzinich Public Markets Co-Head.
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