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China Warns US as Canada, Mexico Tariffs On Track; Bitcoin Slumps | Bloomberg The Pulse

DeFi Daily News by DeFi Daily News
February 28, 2025
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China Warns US as Canada, Mexico Tariffs On Track; Bitcoin Slumps | Bloomberg The Pulse
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China warned it would hit back at Donald Trump’s trade threats after the US president unveiled additional tariffs on Chinese imports, raising the risk of tensions spiraling between the world’s largest economies. Trump said 25% tariffs on Canada and Mexico would come into force from March 4, while Chinese imports would face a further 10% levy. Meanwhile a rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of Trump’s latest tariff threats, marking a dramatic reality check for one of the most popular Trump trades.

Today’s guests: Claudio Irigoyen, BofA Securities; Leslie Vinjamuri, Chatham House
——–
“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
00:00:28 – Trump to add extra 10% tariff on China
00:04:16 – Claudio Irigoyen, Bank of America
00:17:49 – Finance ministers on Bloomberg TV at G-20
00:19:38 – Headlines
00:21:53 – Political roundtable on Trump-Starmer meet
00:26:11 – Leslie Vinjamuri, Chatham House
00:31:24 – Global market selloff stabilizes
00:32:46 – Bitcoin down 25% from all-time high
00:36:53 – Hollywood prepares for Oscar weekend
——–
More on Bloomberg Television and Markets

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Tags: Academy AwardsAndrea FelstedBitcoinBloombergCanadacanada tariffsChinaChina TariffsClaudio IrigoyenEmily NicolleEU TariffsFrancine LacquaGERMANY COALITIONGreg SullivanKeir StarmerLeslie VinjamuriMarc Perriermexicomexico tariffsoscarsPulseRedRosalind MathiesonSellOffslumpsStarmer Trumpstocks sellofftariffsTech tariffsTencent Holdings Ltd.Tracktrump policytrump tariffsUnited KingdomUnited States GovernmentValerie TytelWarns
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