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US Hits Switzerland With 39% Tariff in Global Trade Blitz | The Pulse 8/01/2025
47:59
Bloomberg Television
US Hits Switzerland With 39% Tariff in Global Trade Blitz | The Pulse 8/01/2025
Donald Trump will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally which threaten to leave the country’s key exports reeling. The outcome — detailed in an executive order Thursday — is higher than the 31% tariff rate Trump had threatened to levy in April and dashes hopes that the country would secure a more favorable deal. The Swiss government expressed its “great regret,” pointing out that the new tariff rate differs “significantly” from a draft framework the countries had been negotiating. Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the world, forging ahead with his turbulent effort to reshape international commerce. The baseline rates for many trading partners remain unchanged at 10% from the duties Trump imposed in April, easing the worst fears of investors after the president had previously said they could double. Yet his move to raise tariffs on some Canadian goods to 35% threatens to inject fresh tensions into an already strained relationship. Today's guests: Michael Metcalfe, State Street Global Markets Macro Strategy Head, Alberto Nagel, Mediobanca CEO, Elvire Fabry, Jacques Delors Institute Senior Research Fellow, Samuel Masse, European Confederation of Independent Winegrowers President "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse With Francine Lacqua 00:01:42 - Trump Imposes Sweeping Global Tariffs 00:02:41 - Michael Metcalfe, State Street Global Markets Macro Strategy Head 00:12:25 - Mediobanca Profits, Fights off Takeover Bid 00:16:06 - Alberto Nagel, Mediobanca CEO 00:25:10 - Tariff Costs Stack up for European Automakers 00:26:56 - BMW Car Making Margin Declines Due to US Tariffs 00:28:59 - Elvire Fabry, Jacques Delors Institute Senior Research Fellow 00:29:06 - Macron Says EU Wasn't Feared in Trade Talks With Trump 00:34:10 - Switzerland Slammed With 39% Tariff Rate 00:42:19 - Samuel Masse, European Confederation of Independent Winegrowers President -------- 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 Aug 1, 2025
Is Nasdaq's Peak for 2025 Already In?: 3-Minute MLIV
3:12
Bloomberg Television
Is Nasdaq's Peak for 2025 Already In?: 3-Minute MLIV
Guy Johnson, Kriti Gupta, Valerie Tytel and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:02 - Trump Brazil, Mexico Tariffs 00:01:29 - Dollar Winning Streak, NFP 00:02:04 - US Payrolls Data 00:02:42 - Nasdaq, Meta & Microsoft Earnings -------- 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 Aug 1, 2025
Trump Announces 39% Tariff on Imports From Switzerland
2:22
Bloomberg Television
Trump Announces 39% Tariff on Imports From Switzerland
US President Donald Trump will impose a 39% tariff on imports from Switzerland, one of the steepest levies globally. The outcome is higher than the 31% tariff rate Trump had threatened to levy in April. Bloomberg's Zoe Schneeweiss 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 Aug 1, 2025
Trump Demands Pharma Companies to Lower US Prices
1:24
Bloomberg Television
Trump Demands Pharma Companies to Lower US Prices
US President Donald Trump sent letters to 17 of the world's largest pharmaceutical companies demanding they charge the US what other countries pay for new medicines. In the letters, sent to Eli Lilly, Novo Nordisk, Pfizer and others, Trump insisted companies immediately lower what they charge Medicaid for existing drugs. Bloomberg Intelligence's Sam Fazeli breaks down the situation. -------- 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 Aug 1, 2025
Trump Tariff Deadline Day: 10% Baseline; Higher for Canada, Switzerland | Daybreak Europe 8/1/2025
47:05
Bloomberg Television
Trump Tariff Deadline Day: 10% Baseline; Higher for Canada, Switzerland | Daybreak Europe 8/1/2025
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, it's Tariff Deadline Day - Donald Trump sets minimum global tariffs at 10%, but raises levies on Canada to 35% and Switzerland to 39%. There's a reprieve for Mexico, which now has 90 days to continue negotiations. Global stocks extend their losses to a sixth straight session. Plus, shares in Apple rise after it reported its fastest quarterly revenue growth in three years. But there's a cloud over Amazon, which has forecast weaker-than-expected operating income, after investing billions in AI infrastructure. Today's guests: Thomas Buberl, AXA, CEO & Stefan Dörfler, Erste Group, CFO. Chapters: 00:00:00 - Daybreak Europe 00:02:05 - Trump Imposes Sweeping Global Tariffs 00:02:39 - Asian Stocks Head For Worst Week Since April 00:04:29 - AXA 1H Underlying Profit Beats Estimates 00:05:36 - Trump Imposes Sweeping Global Tariffs 00:06:57 - Trump Raises Tariff on Canada To 35% 00:09:40 - Investors Eye US Jobs Report 00:11:00 - Jobless Claims Lower Than Expected 00:12:00 - Apple Growth Rebounds on iPhone 16 Strength 00:13:54 - Amazon Falls After Profit Guidance 00:16:10 - Tariff Costs Stack Up For European Automakers 00:19:03 - Trump Demands Drug Companies Slash US Prices 00:20:36 - Witkoff Meets With Israeli PM Netanyahu 00:22:33 - US Sanctions Block Visas To Members of PLO, PA 00:25:56 - Thomas Buberl, AXA CEO 00:33:48 - Bayer Lifts Outlook on Drugs, Adds €1.7 Billion to Legal Costs 00:34:13 - Kering To Award EU20M Welcome Bonus to De Meo 00:34:41 - Bridgewater Founder Dalio Sells His Remaining Stake in Firm 00:35:11 - London Heathrow Proposes £49 Billion for Runway Expansion Plans 00:36:19 - Stefan Dörfler, Erste Group CFO 00:44:02 - CEOs on EU's Trade Deal With The US -------- 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 Aug 1, 2025
The Winners & Losers in Trump's New Tariff Regime | Insight with Haslinda Amin 8/1/2025
47:13
Bloomberg Television
The Winners & Losers in Trump's New Tariff Regime | Insight with Haslinda Amin 8/1/2025
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: 00:01:59 - Trump imposes sweeping global tariffs with minimum rate of 10% 00:04:02 - Chicago Booth's Raghuram Rajan on Trump tariffs 00:04:32 - Rajan: Countries may adapt wait-and-see attitude on tariffs 00:05:57 - China Moon Strategies' Jeff Moon: Tariffs within expectations 00:24:32 - Indonesian President's Special Advisor Mari Pangestu on Trump tariffs 00:25:01 - Pangestu on impact of Trump tariffs on Southeast Asian countries 00:39:03 - Hinrich Foundation's Deborah Elms: Trump tariffs 'a bit random' 00:40:34 - Elms: Expect more trade dialog in coming day -------- 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/@BloombergTech 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 Aug 1, 2025
Trump Announces Sweeping Global Tariffs
3:50
Bloomberg Television
Trump Announces Sweeping Global Tariffs
President Donald Trump unveiled new tariffs that boosted the average US rate on goods from across the world. Taken together, the result will be higher tariffs on goods from almost all US trading partners. Trump said the US will put a 35% tariff on some imports from Canada, as well as a 39% tariff on imports from Switzerland, and a 15% levy on goods from New Zealand. Bloomberg's Katia Dmitrieva breaks down the situation. -------- 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 Aug 1, 2025