President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said. Treasury Secretary Scott Bessent said in a Fox News interview Monday that the tariff announcement would be at 3 p.m. Washington time.
JPMorgan Asset Management’s Hugh Gimber joins Bloomberg’s Francine Lacuqa, Rosalind Mathieson and Brendan Murray for a wide-ranging conversation on what the tariffs could be mean for the investors, consumers, and the global economy, as well as specific sectors like the car industry.
Chapters:
00:00:00 – Trump’s tariffs set to make history
00:01:39 – Hugh Gimber, JPM Asset Management
00:03:42 – 25% auto import tariffs in focus
00:04:30 – Are tariff exemptions a possibility?
00:05:56 – US exceptionalism in question amid Trump’s tariffs
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