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US Treasury Secretary Bessent Sees Opportunity for ‘Big Deal’ With China
2:22
Bloomberg Television
US Treasury Secretary Bessent Sees Opportunity for ‘Big Deal’ With China
Treasury Secretary Scott Bessent says there is “an incredible opportunity” for the US and China to work on what he terms a “beautiful rebalancing” of a more domestic economy for China and more manufacturing for the US. Bessent spoke Wednesday at an event held by the Institute of International Finance -------- 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 Apr 23, 2025
Bessent Says US Backs IMF and World Back While Urging Reform
3:50
Bloomberg Television
Bessent Says US Backs IMF and World Back While Urging Reform
"America First does not mean America alone," US Treasury Secretary Scott Bessent says at an event held by the Institute of International Finance. Bessent says the IMF and World Bank serve “critical roles,” and that the Trump administration is willing to work with them, while saying that they have been falling short of their core missions. Sign up for the Washington Edition newsletter to find out how the worlds of money and politics intersect in the US capital: https://bloom.bg/3KkEimO -------- 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/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 23, 2025
Tesla ‘Brand Damage Is Real,’ Says Wedbush’s Dan Ives
1:56
Bloomberg Television
Tesla ‘Brand Damage Is Real,’ Says Wedbush’s Dan Ives
“Tesla became a political symbol,” says Dan Ives, managing director at Wedbush Securities, as he discusses the importance of Elon Musk vowing to pull back from his US government duties to refocus on Tesla. -------- 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 Apr 23, 2025
Trump Backs Off Powell, Triggering Relief Rally; Musk Backs off DOGE | Bloomberg Brief 04/23/2025
43:39
Bloomberg Television
Trump Backs Off Powell, Triggering Relief Rally; Musk Backs off DOGE | Bloomberg Brief 04/23/2025
Stocks rise as President Donald Trump denied he would fire Federal Reserve Chair Jerome Powell. Telsa shares soar after investors' anxiety was eased by remarks from CEO Elon Musk who said he would back off from his governmental role soon. Henry Allen of Deutsche Bank says that hard data is likely to turn down in the coming months amid trade uncertainty, but that the market isn't pricing in a recession yet. Thierry Wizman of Macquarie sees stocks and the dollar rallying if tariffs were to be walked back. Stephanie Brinley of S&P Global says first quarter results show that the Cybertruck wasn't the hit Tesla had hoped for. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Corrects spellings of Macquarie guest's name and company) Chapters: 00:00:01 - Intro 00:01:49 - First Look Movers 00:03:27 - Henry Allen, Deutsche Bank Macro Strategist 00:11:18 - Trending on the Terminal 00:17:19 - Front Page News 00:22:57 - First Look Movers 00:24:28 - Thierry Wizman, Macquaire Futures Director of Global Currencies & Interest Rate Strategist 00:31:18 - Trending on the Terminal 00:33:31 - Stephanie Brinley, S&P Global Mobility Associate Director of AutoIntelligence 00:42:49 - What to Watch -------- 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/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 23, 2025
JD Vance Says Ukraine, Russia Both Need to Cede Territory for Peace
1:37
Bloomberg Television
JD Vance Says Ukraine, Russia Both Need to Cede Territory for Peace
Vice President JD Vance said the US has issued a “very explicit proposal” to Russia and Ukraine on a path forward to a peace deal. Speaking to reporters in India after finishing a tour of the Taj Mahal, Vance said both Ukraine and Russia would have to give up some territory each side currently controls. “The current lines, somewhere close to them, is where you’re ultimately, I think, going to draw the new lines in the conflict,” he added. -------- 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 Apr 23, 2025
Trump Floats Cutting China Tariffs ‘Substantially’ in Trade Deal | Bloomberg The Pulse 04/23
48:02
Bloomberg Television
Trump Floats Cutting China Tariffs ‘Substantially’ in Trade Deal | Bloomberg The Pulse 04/23
US President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal. “It will come down substantially but it won’t be zero,” Trump said Tuesday in Washington, following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable. Trump added that “we’re going to be very nice and they’re going to be very nice, and we’ll see what happens.” US stock futures also advanced and the US dollar strengthened after Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank not moving more quickly to slash interest rates. “Never did,” Trump told reporters on Tuesday. “The press runs away with things. No, I have no intention of firing him. I would like to see him be a little more active in terms of his idea to lower interest rates.” Today's guests: Mohit Mittal, Pimco; Fatih Birol, International Energy Agency Executive Director; Bill Browder, Hermitage Captal, Co-founder & CEO -------- "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 00:00:41 - Trump floats cutting tariff rates on China 00:02:45 - Mohit Mittal, Pimco 00:07:42 - Elon Musk to focus more on Tesla 00:16:10 - Fatih Birol, International Energy Agency Executive Director 00:23:07 - Headlines 00:24:07 - Mubio to skip Ukraine talks in London 00:26:21 - Bill Browder, Hermitage Captal, Co-founder & CEO 00:33:54 - IMF Chief warns of recession risk 00:35:02 - Deepak Chopra, "Digital Dharma" author 00:39:32 - BBVA CFO on "Bloomberg: Chief Future Officer" 00:41:26 - Musk: Will advocate "far more time" for Tesla 00:44:32 - SAP profits top estimates -------- 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 Apr 23, 2025
Trump Eyes Cutting China Tariffs ‘Substantially’, Dials Back Fed Threats | The Opening Trade 04/23
1:36:03
Bloomberg Television
Trump Eyes Cutting China Tariffs ‘Substantially’, Dials Back Fed Threats | The Opening Trade 04/23
“It will come down substantially but it won’t be zero,” President Donald Trump said Tuesday in Washington, following earlier comments from Treasury Secretary Scott Bessent that the standoff was unsustainable. Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the two countries can reach a deal, adding that he didn’t see the need to say he’d “play hardball” with Chinese leader Xi Jinping -- a sign he may be backing down from his tough stance on Beijing amid market volatility. After complaining that the Fed was not cutting interest rates quickly enough, Trump said he had no intention of firing Federal Reserve Chair Jerome Powell despite his frustration with the central bank. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - The Opening Trade 00:01:03 - Trump: No Intention to Fire Fed Chair Powell 00:05:15 - Trump Tariffs: Musk Says He Wants Lower Tariffs 00:06:42 - SAP Profits Surge 00:09:28 - European Inflation 00:10:44 - France Snap Election Talks 00:11:26 - Pope Francis Funeral Saturday 00:16:03 - US Treasuries Yield Higher 00:17:23 - BlackRock on Exposure to Healthcare Stocks 00:25:16 - Trump Tariffs: Akzo Nobel CEO on Sector Impact 00:33:57 - Dollar Rallies Most in 2-Weeks 00:47:06 - Stocks to Watch: SAP, Volvo, Reckitt 01:11:00 - Tesla Earnings Surprise 01:12:53 - German PMIs 01:22:29 - SAP Stock Rises Most Since 2019 01:26:50 - Trump Tariffs: Tech Stocks -------- 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 Apr 23, 2025
Oil Prices May See Further Downward Pressure, IEA Says
1:14
Bloomberg Television
Oil Prices May See Further Downward Pressure, IEA Says
International Energy Agency Executive Director Fatih Birol discusses the outlook for oil production and prices in light of current geopolitical uncertainties. "This year, we expect the oil demand to increase about 700,000 barrels per day, and the production growth is significantly higher than that," Birol told Bloomberg Television. "If there are no other surprises, we may expect oil prices seeing a downward pressure further," he adds. -------- 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 Apr 23, 2025
Trump Signals U-Turn in China Tariffs, Powell Threat | Insight with Haslinda Amin 4/23/2025
48:17
Bloomberg Television
Trump Signals U-Turn in China Tariffs, Powell Threat | Insight with Haslinda Amin 4/23/2025
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 - Insight with Haslinda Amin begins 00:00:59 - Trump says he has no intention of firing Powell 00:01:38 - Trump: Ultimate China tariff won't be near 145% 00:06:25 - Elon Musk: Will allocate more time to Tesla 00:10:23 - Zuma Wealth's Terri Spath on Fed, tariff turmoil 00:15:15 - Spath: Not concerned tariffs will lead to higher inflation 00:26:28 - China Great Wall Securities' Yun Mei on Tesla earnings 00:34:55 - Exclusive: Pony.ai CEO on trade war impact 00:41:55 - IMF's Kristalina Georgieva sees recession risk rising -------- 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 Apr 23, 2025
Stocks to Bounce Further Before Next Drop: 3-Minute MLIV
3:17
Bloomberg Television
Stocks to Bounce Further Before Next Drop: 3-Minute MLIV
Mark Cudmore, Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV <GO>. Chapters: 00:00:00 - MLIV 00:00:03 - Fed Rate Cut Arguments 00:01:20 - US Treasury Yields Chase 00:02:31 - Trump, Bessent Market Stabilization -------- 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 Apr 23, 2025
Trump: Won't Fire Fed's Powell & We'll Make a Deal With China | Daybreak Europe 04/23/2025
46:41
Bloomberg Television
Trump: Won't Fire Fed's Powell & We'll Make a Deal With China | Daybreak Europe 04/23/2025
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, President Trump has pulled a major about-face when it comes to his stance on China's tariffs and the Fed. Trump says he's not getting rid of Jerome Powell, despite criticizing the Fed Chair in a series of public comments. Meanwhile, Elon Musk has vowed to pull back 'significantly' from his work with the US government to concentrate on Tesla beginning next month. Musk says his stint leading the Department of Government Efficiency, DOGE, will be largely complete. Tesla shares rose after the announcement despite, the company's first-quarter results being below analyst estimates. Chapters: 00:00:00 - Daybreak Europe 00:02:14 - Trump Walks Back Powell Threats 00:04:43 - Elon Musk To Refocus On Tesla 00:06:23 - Musk Says DOGE Work 'Mostly Done' 00:08:57 - Trump: Not Firing Powell 00:10:52 - Trump Floats Cutting China Tariffs 'Substantially' 00:13:06 - Markets Welcome Easing Trade, Fed Tensions 00:17:34 - Shanghai Auto Show 00:21:05 - Volvo Truck Sales 00:22:03 - Macron Mulls Another Snap Election 00:23:00 - Macron Mulls Another Snap Election 00:30:37 - Barclays CEO: Dollar To Remain World's Reserve Currency 00:39:42 - Christian Klein, SAP CEO -------- 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 Apr 23, 2025