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Trump Says ‘Major Tariff’ on Pharma Coming Soon
2:35
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Bloomberg Television
Trump Says ‘Major Tariff’ on Pharma Coming Soon
President Donald Trump said Tuesday that his long-promised tariffs on pharmaceutical drugs will be coming soon without providing details on the planned levy. Sam Fazeli of Bloomberg Intelligence has more. -------- 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 9, 2025
All Banks Need to Succeed, Bessent Says
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Bloomberg Television
All Banks Need to Succeed, Bessent Says
US Treasury Secretary Scott Bessent says the Trump administration is focused on helping the small bankers, not just the ones on Wall Street. He says regulators need to get out of the way. He speaks at the American Bankers Association Annual Washington Summit. -------- 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 9, 2025
Trump 104% China Tariffs Kick In, 'Fire Sale' on US Treasuries | The Opening Trade 04/09
1:35:44
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Bloomberg Television
Trump 104% China Tariffs Kick In, 'Fire Sale' on US Treasuries | The Opening Trade 04/09
President Donald Trump is pushing ahead with tariffs on roughly 60 trading partners that he dubbed the “worst offenders” that took effect after midnight New York time. Most critically, the president plans to forge ahead with what would amount to a 104% levy on many Chinese goods. A selloff in longer-dated US Treasuries accelerated, worsening the slump in bond equivalents across the globe, as an escalation in the trade war sowed doubts over the haven status of US government debt. Every sector in Europe was down at the market open, but drugmakers are the biggest decliners so far after Trump’s comments that the US would be “announcing very shortly a major tariff on pharmaceuticals”. The Stoxx 600 Health Care Index has dropped to the lowest since October 2022. Weight-loss and diabetes drugmaker Novo Nordisk slumped along with AstraZeneca, GSK stocks also falling. 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: 00:00:01 - The Opening Trade 00:01:37 - Trump: China is Paying 104% Tariff 00:07:12 - Oil Price Down 00:08:15 - Meloni, Trump Negotiate Tariff Relief 00:11:16 - Bond Markets Skyrocket 00:12:03 - iPhone Price to Rise 00:15:12 - Treasury Markets 'Fire Sale' 00:24:31 - European Bonds Fall at Open 00:27:00 - SailPoint CEO on Market Selloff, Tariffs 00:40:15 - Gold Price 00:46:40 - S&P Futures 00:48:46 - European Stocks Drop at Open 01:08:11 - Trump Tariffs: EU Hit with 20% Tariffs 01:15:00 - Pharma Stocks Down 01:28:22 - EM Stocks Erase 2025 Gains -------- 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 9, 2025
TBonds Crater, Stocks Fluctuate as Trump's Higher Tariff Rates Begin | Bloomberg Brief 04/09/2025
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Bloomberg Television
TBonds Crater, Stocks Fluctuate as Trump's Higher Tariff Rates Begin | Bloomberg Brief 04/09/2025
The stampede from bonds gains momentum as President Trump hikes trade tariffs to a 100-year high. US equity futures fluctuate as China holds fire on any immediate retaliation against a 104% levy from Washington. Sharon Bell of Goldman Sachs sees the market falling further if economies do tip into recession. There is certainly market dysfunction, says Priya Misra of JPMorgan, with investors de-risking amid treasury concerns.“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:01 - Intro 00:10:07 - Trending on the Terminal 00:14:44 - Sharon Bell, Goldman Sachs Senior European Equity Strategist 00:19:44 - First Look Movers 00:20:37 - Front Page News 00:26:39 - Priya Misra, JPMorgan Asset Management Portfolio Manager 00:43:13 - Trending on the Terminal 00:44:26 - 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 Apr 9, 2025
Trump's Tariffs Go Into Effect As China Holds Fire On Immediate Retaliation | Bloomberg The Pulse
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Bloomberg Television
Trump's Tariffs Go Into Effect As China Holds Fire On Immediate Retaliation | Bloomberg The Pulse
President Trump's so-called reciprocal tariffs kicked in after countries failed to secure a last-minute reprieve. He imposed levies on China as high as 104% along with import taxes on roughly 60 trading partners. China held off on immediate retaliation to the new tariffs after hitting back within minutes in February and March. Meanwhile, treasuries extended their declines and European stocks plunged after Trump hiked trade tariffs to a 100-year high. The yield on 30-year Treasuries surged to the highest since November 2023 amid growing doubts about the haven status of US sovereign bonds. Europe's stock benchmark fell more than 3%. Oil sank to a fresh four-year low. Today's guests: Grace Peters, JP Morgan Private Bank; Amrita Sen, Energy Aspects Founder & Director; Brett Bruen, Global Situation Room President & Keyu Jin, Professor at the London School of Economics -------- "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 - Market check 00:01:49 - The Pulse with Francine Lacqua 00:03:10 - Grace Peters, JP Morgan Private Bank 00:06:10 - Trump sweeping tariffs take effect 00:15:31 - Mining, bank and energy stocks lead Europe equity declines 00:19:22 - Amrita Sen, Energy Aspects Founder & Director 00:25:16 - Headlines 00:29:01 - Musk feuds with Navarro over tariffs 00:30:34 - Brett Bruen, Global Situation Room President 00:41:17 - EU hit with US tariffs of 20% 00:43:32 - Keyu Jin, London School of Economics Professor -------- 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 9, 2025
Trump Tariffs Take Effect, Risking Full-Blown Trade War
2:22
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Bloomberg Television
Trump Tariffs Take Effect, Risking Full-Blown Trade War
Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade. Bloomberg's Brendan Murray weighs in on what comes next and the risk of a full-blown trade war. -------- 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 9, 2025
Treasury ‘Fire Sale’ as US Tariffs Start; US Iran Talks | Horizons Middle East & Africa 04/09/2025
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Bloomberg Television
Treasury ‘Fire Sale’ as US Tariffs Start; US Iran Talks | Horizons Middle East & Africa 04/09/2025
President Trump's sweeping global tariffs have taken effect with 104% levies imposed on China. Plus oil slumped to a fresh 4-year low as the intensifying global trade ware threatens to batter energy demand. Also on the show, Iran says it will start high-level talks with the US in Oman this weekend to discuss the nuclear program. And, Kenya has slashed its interest rates to 10%. Guests include: Anastasia Amoroso, iCapital, Chief Investment Strategist; and Luis Costa, Citi, Head of Emerging Markets Strategy 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 00:01:28 - Tariffs come into effect 00:08:11 - Anastasia Amoroso, iCapital, Chief Investment Strategist 00:16:35 - US Iran to hold talks 00:27:20 - Oil slumps to 4-year low 00:33:03 - Luis Costa, Citi, Head of Emerging Markets Strategy 00:40:07 - Kenya slashes benchmark interest rates 00:43:37 - Treasury markets react to tariffs -------- 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 9, 2025
Trump Tariffs Kick In, Stocks Plunge as China Hit With 104% Tariffs | Daybreak: Europe 04/09/2025
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Bloomberg Television
Trump Tariffs Kick In, Stocks Plunge as China Hit With 104% Tariffs | Daybreak: Europe 04/09/2025
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's tariffs kick in, sending trade levies to a 100-year high and stock markets to further lows. US Treasuries, seen as a haven asset, sell off as investors scramble to raise cash. China holds off on immediate action, despite facing 104% levies from today. Today's Guests: Patrick Armstrong, Plurimi Wealth Chief Investment Officer; Greg Hands, Former UK Trade Minister. Chapters: 00:00:00 - Daybreak Europe 00:01:12 - Trump's Sweeping Tariffs Take Effect 00:01:43 - Trump Says 104% Tariffs on China 00:03:04 - Trump Schedules Tariff Talks But Plans 104% Hit on China  00:07:48 - Stocks, Bonds Hit as Tariffs Take Effect 00:11:34 - 30-Year Yields Rocket Higher 00:14:50 - EU Hit With US Tariffs of 20% 00:17:35 - Spain Pushes EU Pivot to China 00:18:48 - Santander Weighs Options for Polish Stake 00:21:06 - Summers: US Recession Likely 00:25:15 - Dalio Sees Once-a-Lifetime Collapse in Economic, Political Order 00:28:20 - Treasuries ‘Fire Sale’ Sends Long-Term Yields Soaring Worldwide 00:29:59 - Treasury Market in Turmoil 00:30:15 - European, US Stock Futures Slump 00:31:05 - Patrick Armstrong, Plurimi Wealth Chief Investment Officer 00:39:01 - Tariff Uncertainty Grips Markets 00:41:23 - Greg Hands, Former UK Trade Minister -------- 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 9, 2025