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President Trump Hits 60 Economies With New Tariffs | Daybreak Europe 7/24/2026
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July 24, 2026
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45:50Now 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, the US will collect duties of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.
President Trump threatened to escalate strikes on Iran and said he’d hold the country responsible for any further attacks by the Yemen-based Houthis on ships in the Red Sea, as the widening Middle East war puts new strain on global energy supplies.
And Volkswagen cut its revenue expectations for the year as falling sales in China intensify pressure on Chief Executive Officer Oliver Blume’s push to overhaul Europe’s largest carmaker.
Today's guest: Martin Kocher, Austrian National Bank Governor & ECB Governing Council Member.
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