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Trump Expected to Unveil US-UK Trade Pact & Rescind Global Chip Curbs | Bloomberg The Pulse 05/08

DeFi Daily News by DeFi Daily News
May 8, 2025
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Trump Expected to Unveil US-UK Trade Pact & Rescind Global Chip Curbs | Bloomberg The Pulse 05/08
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US President Donald Trump is expected to announce a trade agreement with the UK on Thursday, according to people familiar with the matter, in a limited deal that may nonetheless signal the direction of the US president’s global trade war. Trump teased the announcement in a social media post on Wednesday night, saying he would hold an Oval Office news conference to discuss “a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY.” Meanwhile the Trump administration plans to rescind some Biden-era AI chip curbs as part of a broader effort to revise global semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments.

Today’s guests: Kokou Agbo-Bloua, SGCIB Global Head of Economics, Cross-Asset and Quant Research, Ester Baiget, Novonesis President & CEO, Jumana Saleheen, Vanguard Chief European Economist and Investment Strategy Group Europe Head.

__________________

“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
00:00:59 – Trump Expected to Unveil US-UK Trade Pact After Tariff Talks
00:04:13 – Stocks Rise as Trump Says He’ll Unveil Trade Deal
00:07:54 – Powell Says Fed Won’t Be Rushed, Outlook Depends on White House
00:10:56 – Kokou Agbo-Bloua, SGCIB Global Head of Economics, Cross-Asset and Quant Research
00:17:15 – Trump to Rescind Global Chip Curbs, Prep New AI Restrictions
00:20:33 – China’s Xi Jinping Meets Vladimir Putin in Moscow
00:25:49 – Ester Baiget, Novonesis President & CEO
00:31:41 – Schneider: Do Not See Any Tariff Impact Yet
00:37:29 – Powell Says Fed Can Wait on Rates
00:39:48 – UK Wage Growth, Inflation Worries
00:43:13 – Jumana Saleheen, Vanguard Chief European Economist and Investment Strategy Group Europe Head
——–
More on Bloomberg Television and Markets

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Tags: ai chipsAndrew Baileybiotech stocksBloombergBOEBOE rate cutsBOE rate decisionChina RussiaChipcurbsEster BaigetexpectedFrancine LacquaGlobalIndia GovernmentJumana SaleheenKeir StarmerKokou Agbo-BlouaNovonesis (Novozymes) BPactPulseRescindrussia sanctionssemiconductorsSociete GeneraleStarmer Trump Tradetariffstradetrade negotiationsTrumptrump policyUnveilUS chip billUS Chips GrantUS Europe TradeUS UK relationsUS-UK Trade PactUSUKVanguard Group Inc.Xi Jinping
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