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Trump Unleashes Trade Surprises Ahead of Tariff Deadline
1:38
Bloomberg Television
Trump Unleashes Trade Surprises Ahead of Tariff Deadline
On the eve of his Friday deadline President Donald Trump unleashed a series of tariff deals and demands, including 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India that was accompanied by criticism of its purchases of Russian energy and weapons. Tyler Kendall reports on Bloomberg Television. -------- 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 Jul 31, 2025
Rolls Royce Stock Hits Record High, US-Korea $350 Billion Trade Deal | The Opening Trade 7/31
1:36:04
Bloomberg Television
Rolls Royce Stock Hits Record High, US-Korea $350 Billion Trade Deal | The Opening Trade 7/31
The US reached a trade agreement with South Korea that will impose a 15% tariff on imports, including autos, and sets up major investment in American energy and shipbuilding. The agreement, announced by President Donald Trump and confirmed by officials in Seoul, brings one of the world’s biggest exporters from a 25% rate just a day before the deadline. The agreement includes a $350 billion South Korean fund for US investments. The won weakened against the dollar after a bounce at the open and shares in Seoul erased early gains.  President Donald Trump also said he would impose a tariff of at least 25% on India’s exports to the US starting Friday, though later added that the two sides were still in talks. “Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE,” he posted on social media. “INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST.” 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 00:02:20 - Anglo American Earnings 00:03:15 - Shell Earnings 00:06:32 - MSFT Stock, Meta Earnings 00:09:24 - LSEG CEO David Schwimmer 00:17:33 - Shell CEO Wael Sawan 00:25:55 - Credit Agricole's Clotilde L'Angevin 00:35:06 - BOJ's Ueda on Japan Tariffs 00:37:27 - France Inflation 00:39:53 - Trump Slams India, Russia 00:40:56 - US-Korea Trade Deal 00:41:36 - Korean Stocks 00:47:24 - Stocks to Watch: Rolls Royce, Banks AB inBev 01:03:52 - Anglo American CEO 01:13:13 - Rolls Royce Shares Hit Record High 01:32:41 - BAE Systems CFO on Defense 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 Jul 31, 2025
Futures Rally as Tech Earnings Deliver; Trump Unleashes Trade Surprises | Bloomberg Brief 7/31/2025
45:44
Bloomberg Television
Futures Rally as Tech Earnings Deliver; Trump Unleashes Trade Surprises | Bloomberg Brief 7/31/2025
US equity futures rise as big tech earnings from Microsoft and Meta delivered on optimism around the AI boom. President Trump sets the tariff rate for South Korea and India while going ahead with a 50% levy on copper imports, but exempting refined metals. Jane Foley of Rabobank says we could see a washout of dollar positioning this week. Julian Emanuel of Evercore ISI cites the copper tariff announcement as the main driver of volatility, rather than the Fed's rate decision. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:00 - Intro 00:01:37 - First Look Movers 00:04:30 - Jane Foley, Rabobank Head of FX Strategy 00:10:41 - Trending on the Terminal 00:19:45 - Front Page News 00:27:11 - Julian Emanuel, Evercore ISI Senior Managing Director of Equity, Derivatives, and Quantitative Strategy 00:32:53 - Trending on the Terminal 00:42:26 - 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/@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 Jul 31, 2025
China Summons Nvidia Over H20 Chip Security Risk; US Copper Premium Evaporates | The Pulse 7/31/2025
47:50
Bloomberg Television
China Summons Nvidia Over H20 Chip Security Risk; US Copper Premium Evaporates | The Pulse 7/31/2025
President Donald Trump unleashed a series of tariff deals and demands on the eve of his Friday deadline, including surprises on India and copper as the US president attempts to create a new global trade order. Trump on Wednesday announced tariffs of 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India that was accompanied by criticism of its purchases of Russian energy and weapons, pressuring Prime Minister Narendra Modi. Trump also shocked markets with new tariff rules on copper, sinking prices in New York by a record after exempting the most widely traded forms of the metals from 50% tariffs. In market news, Meta and Microsoft led Magnificent Seven stocks higher in premarket trading on Thursday after the companies blew past Wall Street estimates and pledged to boost investments in their artificial intelligence efforts. Today's guests: Nadia Grant, BNP Paribas Asset Management Head of Global Equities, Tom Wagner, Knighthead Capital Management Co-Founder & Birmingham City Co-Owner, Conrad Keijzer, Clariant CEO, Jon Stanton, The Weir Group 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 00:02:01 - Meta 3Q Revenue Forecast Beats Estimates 00:05:06 - US Copper Premium Evaporates 00:06:19 - China Summons Nvidia on H20 Chip Security Risk 00:07:12 - Nadia Grant, BNP Paribas Asset Management Global Equities Head 00:08:19 - Powell Downplays Chance of September Fed Cut 00:17:29 - Knighthead Planning Birmingham City FC Sports Quarter 00:20:54 - Thomas Wagner, Birmingham City FC Co-Owner 00:28:45 - Conrad Keijzer, Clariant CEO 00:42:11 - Jonathan Stanton, The Weir Group 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/@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 Jul 31, 2025
Fed Keeps Rates on Hold; Canada to Recognize Palestine | Horizons Middle East & Africa 07/31/2025
46:06
Bloomberg Television
Fed Keeps Rates on Hold; Canada to Recognize Palestine | Horizons Middle East & Africa 07/31/2025
The Federal Reserve kept rates unchanged citing inflation risks. Also on the show: US President Donald Trump hits South Korea with 15% tariffs, while India is set to face a 25% rate; Meta, Microsoft and Qualcomm post results; Canada has become the latest Group of Seven nation to plan on recognizing a Palestinian state; Bank of Japan holds its benchmark interest rate steady at 0.5%; Bain is winding down its consulting operations in South Africa; Masai Ujiri, NBA Champion Coach and Co-Founder of 'Giants of Africa', officially unveils the flagship 'Zaria Court'. Guests include: Dan Farley, State Street Investment Management, Investment Solutions CIO; Trinh Nguyen, Natixis Corporate & Investment Banking, Senior Economist for Emerging Asia. 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 00:05:03 - US reaches trade agreement with South Korea that will impose a 15% tariff on imports 00:09:40 - Dan Farley, State Street Investment Management, Investment Solutions CIO 00:15:37 - Tech earnings in focus 00:18:46 - Canada to recognize a Palestinian state 00:25:42 - BOJ keeps rates unchanged 00:29:34 - Trinh Nguyen, Natixis Corporate & Investment Banking, Senior Economist for Emerging Asia 00:35:31 - Bain shuts South African consulting business Investing in Africa's sports infrastructure -------- 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 Jul 31, 2025
Did India Overplay its Hand in Trump Trade Talks? | Insight with Haslinda Amin 7/31/2025
45:58
Bloomberg Television
Did India Overplay its Hand in Trump Trade Talks? | Insight with Haslinda Amin 7/31/2025
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: 00:01:40 - BOJ holds on key rate, raises inflation outlook 00:02:38 - Trump hits India with 25% tariff, threatens more over Russia 00:05:52 - US sets Korea tariff rate at 15% in trade deal 00:08:15 - US sets Korea tariff rate at 15% in trade deal 00:09:48 - Chang: Worst near-term effects of higher tariffs still ahead 00:11:15 - Biswal: Surprised Trump playing hardball with India 00:22:33 - Amundi's Hiromi Ishihara on Japan's stock market outlook 00:35:53 - Former Indian Commerce Secretary Ajay Dua 00:43:25 - Dua: India's tough negotiating stance 'probably' affected talks -------- 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 Jul 31, 2025
Korean Stocks Wince at 15% Tariff Rate: 3-Minute MLIV
3:03
Bloomberg Television
Korean Stocks Wince at 15% Tariff Rate: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Paul Dobson 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 00:00:06 - Korean Stocks 00:00:33 - Korea Tariffs 15% 00:01:22 - Tech Earnings: MSFT, Meta 00:02:37 - Copper Price -------- 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 Jul 31, 2025
Microsoft & Meta Beat, Copper Collapses; Banks Unveil Big Buybacks | Daybreak Europe 7/31/2025
47:08
Bloomberg Television
Microsoft & Meta Beat, Copper Collapses; Banks Unveil Big Buybacks | Daybreak Europe 7/31/2025
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, Nasdaq futures gain on solid megacap tech earnings, with beats from Meta and Microsoft. US copper suffers its biggest intraday fall, as Donald Trump exempts the most commonly imported form of copper from tariffs. Also on the programme, SocGen and Standard Chartered to return more money to investors, as second quarter earnings beat. And the Fed holds steady, but two FOMC members dissent. Traders pare bets on a September rate cut. Today's guests: Bill Winters, Standard Chartered, CEO & Olivier Blum, Schneider Electric, CEO. Chapters: 00:00:00 - Daybreak Europe 00:01:00 - Credit Agricole 2Q Net Income Beats Estimates 00:01:59 - Renault Margins Shrink, Highlighting Challenge for New CEO 00:03:07 - Lufthansa Confirms 2025 Guidance After Earnings Beat 00:03:59 - AB InBev Beer Sales Slide in China, Brazil 00:06:21 - China Factory Activity Unexpectedly Worsens as Trade Wobbles 00:07:21 - Yen May Get Support If Big Delay to BOJ Decision 00:08:19 - China Summons Nvidia on H20 Chip Backdoor Security Risk 00:08:54 - Microsoft, Meta Surge on Earnings & AI Hopes 00:12:36 - ArcelorMittal Cuts 2025 World Ex-China Apparent Steel Outook 00:13:05 - Powell Downplays Chance of September Fed Cut 00:16:50 - Renault First-Hald Earnings Decline 00:20:22 - SocGen Boosts Investors Payouts 00:22:12 - Credit Agricole Beats on Profit Under New CEO Gavalda 00:24:54 - BMW 2Q Automotive Ebit Margin Beats Estimates 00:26:52 - EXCLUSIVE: Bill Winters, Standard Chartered CEO 00:35:43 - Olivier Blum, Schneider Electric CEO 00:42:16 - Airbus Suffers Cash Outflow 00:44:32 - Powell Cites Inflation Risks As Fed Holds Rates -------- 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 Jul 31, 2025