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Trump Calls Putin ‘Crazy’, EU Tariffs Deadline Extended | Bloomberg The Pulse 05/26

DeFi Daily News by DeFi Daily News
May 26, 2025
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Trump Calls Putin ‘Crazy’, EU Tariffs Deadline Extended | Bloomberg The Pulse 05/26
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President Donald Trump said he was “absolutely” considering new sanctions against Russia as Moscow’s deadly campaign of missile and drone strikes across much of Ukraine extended into a third night. Trump’s comments, made to reporters in New Jersey on Sunday before he boarded Air Force One, came as he grows visibly frustrated with Russian President Vladimir Putin and the state of talks meant to deliver a ceasefire in Ukraine. The US president has repeatedly threatened new sanctions in the past without following through. In tariff news, President Trump said he would extend the deadline for the European Union to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen. “We had a very nice call and I agreed to move it,” Trump told reporters Sunday at Morristown Airport in New Jersey on his way back to Washington. Von der Leyen, who heads the EU’s executive arm, said earlier Sunday in a post on X that “Europe is ready to advance talks swiftly and decisively,” but “a good deal” will need “time until July 9.” That’s the date that Trump’s 90-day pause of his so-called reciprocal tariffs had originally been set to end. 

Today’s guest: Giulia Culot, Sycomore Asset Management Senior Portfolio Manager, Yun Liu, HSBC ASEAN Economist

_________________
“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
00:03:09 – Trump Extends Deadline for 50% Tariffs on EU Goods to July 9 
00:07:10 – Giulia Culot, Sycomore Asset Management Senior Portfolio Manager
00:18:30 – Trump Says He’s Eyeing Russia Sanctions, Calls Putin ‘Crazy’
00:22:32 – Israeli Military Aims to Take Over 75% of Gaza in Two Months
00:27:36 – Yun Liu, HSBC ASEAN Economist
00:46:27 – Nvidia Earnings in View
——–
More on Bloomberg Television and Markets

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Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

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Tags: Association of Southeast Asian Nations (ASEAN)benjamin netanyahuBloombergCallsceasefireCrazydeadlineDonald TrumpEU Tariffsextendedgaza stripGuy JohnsonHSBC Holdings PlcIsrael truce talksIsraeli strikesPulsePutinrussia sanctionsRussia strikerussia ukraine warSycomore Asset ManagementtariffsTrumptrump policyTrump Putintrump tariffstrump tax billVladimir PutinVolodymyr ZelenskiyYun Liu
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