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Trump Vows 25% Tariff on Countries Doing Business With Iran | Daybreak Europe 1/13/2026

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January 13, 2026

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Bloomberg 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, Donald Trump vowed to impose a 25% tariff on goods from any country doing business with Iran, a move that risks upending America’s trade truce with China, the world’s top buyer of Iranian oil.

The Trump administration's probe into the central bank triggers a backlash in Washington, with key Republicans warning Fed independence is being eroded.

The yen weakened to its lowest since July 2024 and stocks soared after Kyodo reported PM Sanae Takaichi intends to call a snap election. The move is aimed at solidifying support for her hawkish political stance and pro-stimulus policies.

Today's guests: Ali Vaez, Iran Project Director and Senior Adviser at International Crisis Group & Cardiff University Politics lecturer, Marta Lorimer.

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Bloomberg Daybreak EuropeAsia AndDonald TrumpThe TrumpPM Sanae TakaichiSenior AdviserInternational Crisis GroupCardiff University Politics

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