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Trump Threatens 35% Tariff on Canada; Rubio Says Xi-Trump Summit Likely | Bloomberg Brief 7/11/2025
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July 11, 2025
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43:24Now PlayingPresident Trump threatened a 35% tariff on Canada and is weighing blanket rates of 15-20%. Secretary of State Marco Rubio told reporters that a summit between the US President and President Xi Jinping is likely after his meeting with his Chinese counterpart. Henry Allen of Deutsche Bank says the markets are fully justified to trade at this level. Lindsay Newman of GZero Media says we have to be cautious about US-China dialogue. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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