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, higher US tariffs come into effect, including 39% on Switzerland after the Swiss President left Washington empty-handed. Donald Trump also announces 100% tariffs on semiconductor imports, but companies including Apple will be exempt if they begin moving production back to the US. Relief over those exemptions sees markets rally, helped by TSMC and Samsung.
Also on the programme, the Bank of England set to cut rates to their lowest in two years as policymakers try to balance a slowing economy with sticky inflation.
Plus a slew of earnings from pharma to shipping give insight into the impact of US tariffs.
Today’s guest: Nina Skero, Centre for Economics & Business Research, CEO
Chapters:
00:00:00 – Daybreak Europe
00:04:39 – Bank of England Set to Cut Rates
00:07:17 – Apple Dodges Tariffs With Increased US Investment
00:09:45 – Swiss President Departs US Without Tariff Deal
00:12:04 – Three Fed Officials Voice Labor Market Concerns
00:19:07 – Trump Suggests Meeting With Zelenskiyy and Putin
00:22:27 – Former Tesla Leaders Start Competing AI Company
00:29:34 – BOE Set to Cut Rates
00:30:08 – Nina Skero, Centre for Economics & Business Research, CEO
00:39:22 – Roland Busch, Siemens CEO
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