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US-China Trade Talks: Plan Awaits Xi, Trump Sign-Off | Daybreak Europe 06/11/2025
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Bloomberg Television
US-China Trade Talks: Plan Awaits Xi, Trump Sign-Off | Daybreak Europe 06/11/2025
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, the US and China have agreed to a preliminary plan to ease trade tensions, which now goes for approval to the nation's leaders. American negotiators say they expect issues concerning rare earths and magnets will be resolved. Bloomberg understands that Scott Bessent is one of the contenders to replace Jerome Powell as the next Fed chair. A US federal appeals court says President Trump can continue to enforce his global tariffs for now, in a win for the President on one of his signature economic policies. Meanwhile, UK Chancellor Rachel Reeves is set to outline how £600 billion of annual spending will be allocated across departments over the next three years. Reeves is under mounting pressure to relax her fiscal rules in order to support under-resourced public services and accommodate higher-than-expected public sector pay settlements. Today's guests: Sree Kochugovindan, senior research economist at aberdeen. Liquidity co-founder and CEO, Ron Daniel & Proxima Fusion's CEO Francesco Sciortino. Chapters: 00:00:00 - Daybreak: Europe 00:02:39 - US, China Agree on Plan to Reduce Trade Tensions 00:04:35 - US, China Set Trade Framework 00:07:01 - China Stocks Gain Trade Talks 00:07:40 - Treasury Yield Curve Steady Ahead of CPI Print 00:08:50 - Bessent Emerging as a Contender to Succeed Powell 00:11:40 - Sree Kochugovindan, Senior Research Economist at Aberdeen 00:17:40 - UK Chancellor to Announce First Spending Review 00:20:32 - Downtown LA Under Curfew 00:21:41 - Trump Tariffs Can Stay in Place Longer, US Appeals Court Says 00:22:07 - Trump Poised to Repeal Biden Curb on Power-Plant Pollution 00:22:33 - US Rebukes Allies Over Israel Sanctions 00:23:04 - Huckabee: US Doubts Over Palestine State 00:26:20 - Inditex Results 00:27:34 - Ron Daniel, Liquidity Co-founder and CEO 00:33:21 - Zara Owner Inditex Posts Slowing Sales, Warns of FX Pain 00:39:04 - Proxima Fusion's CEO Francesco Sciortino -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025
US-China Prelim Trade Plan; Israeli Ministers Sanctioned | Horizons Middle East & Africa 6/11/2025
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Bloomberg Television
US-China Prelim Trade Plan; Israeli Ministers Sanctioned | Horizons Middle East & Africa 6/11/2025
The US and China agree on a preliminary plan to ease trade tensions. Markets are taking the outcome with a pinch of salt, with investors remaining cautious due to a lack of details or a concrete agreement; a US appeals court rules that President Trump can keep his global tariffs in place for now. It's a win for Trump on one of his signature economic policies; and the UK along with several allies move to sanction two far-right Israeli ministers over inciting violence against Palestinians...the US says this derails Gaza ceasefire efforts. Guests include: Damian Hitchen, Saxo Bank, Regional Head of APAC & MENA; and Omotunde Lawal Barings Head of EMEA Corporate Credit and Emerging Markets Corporate Debt. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:03:40 - Trade talks: US, China agree on a preliminary plan to ease tensions 00:09:51 - US appeals court rules Trump tariffs can stay in place longer 00:12:25 - Damian Hitchen, Saxo Bank, Regional Head of APAC & MENA 00:27:25 - Omotunde Lawal Barings Head of EMEA Corporate Credit and Emerging Markets Corporate Debt 00:33:30 - UK, Canada, Norway, Australia, New Zealand sanction two Israeli ministers 00:38:08 - South Africa comms regulator to decide on Starlink license 00:42:51 - Tariffs hit retailers; mid-tier luxury brands surviving fashion downturn -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025
Scott Bessent Emerges as Possible Fed Chair Contender
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Bloomberg Television
Scott Bessent Emerges as Possible Fed Chair Contender
A growing chorus of advisers inside and outside the Trump administration are pushing for US Treasury Secretary Scott Bessent to serve as the next chair of the Federal Reserve. President Donald Trump said Friday he would name a successor “very soon” to replace Jerome Powell, whose term as Fed chair ends in May 2026. Bloomberg's Valerie Tytel reports. (Corrects to replace earlier video which stated wrong title for Kevin Hassett in on-screen graphic.) -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025
US Tariff Damage to Business Is Ongoing: 3-Minute MLIV
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Bloomberg Television
US Tariff Damage to Business Is Ongoing: 3-Minute MLIV
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:01 - US Inflation, CPI Expected to Rise 00:01:02 - Treasury Auction 00:01:45 - 'Big, Beautiful' Bill, 899 Tax Bill 00:02:17 - Tariffs Business Impact in June -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025
Trump, Xi Signoff Awaited After US-China Trade Talks | Insight with Haslinda Amin 6/11/2025
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Bloomberg Television
Trump, Xi Signoff Awaited After US-China Trade Talks | Insight with Haslinda Amin 6/11/2025
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. Chapters: 00:00:00 - US, China Officials Agree on Plan to Reduce Trade Tensions 00:01:44 - Former Assistant USTR for China and Founder China Moon Strategies Jeff Moon 00:07:51 - Moon: Distrust exerts downward pressure on US-China relations 00:17:16 - Moon: Don't overreact to every development, move incrementally 00:19:59 - Bessent Emerging as a Contender to Succeed Fed’s Powell 00:24:18 - Bloomberg Invest HK Panel on Investing in India 00:42:58 - Don't Call the US-China Talks a Reset: Karishma Vaswani 00:46:53 - BTS Stars released from military service -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025
Elon Musk's Starlink South African License Decision Up to Regulator
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Bloomberg Television
Elon Musk's Starlink South African License Decision Up to Regulator
The Independent Communications Authority of South Africa will decide whether to award Elon Musk's Starlink an operating license, a government minister said. Pretoria-born Musk indicated that he wants Starlink internet services to be made available in Africa’s largest economy, but he has refused to relinquish any equity in the business to comply with Black-empowerment rules. Bloomberg's Loni Prinsloo reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 11, 2025