European stocks dropped on Thursday morning in response to US President Donald Trump’s threat to impose 25% tariffs on European Union imports and as more corporate results from the region rolled in. Trump was asked during a Cabinet meeting on Wednesday whether he planned to move forward on imposing 25% tariffs on Canada and Mexico on March 4. Trump announced the levies earlier this month, but then subsequently agreed to a month-long delay after leaders from both countries agreed to stricter border control measures. eanwhile chipmaker Nvidia delivered good-but-not-great quarterly numbers on Wednesday. The company also warned that gross profit margins would be tighter than anticipated as it rushes to roll out a new chip design called Blackwell.
Today’s guests: Ursula Marchioni, BlackRock; Samantha Dart, Goldman Sachs; Francisco Blanch, Merrill Lynch
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“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
00:00:26 – Nvidia gives ‘underwhelming’ reports
00:03:18 – Trump deepens tariffs uncertainty
00:06:18 – Ursula Marchioni, BlackRock
00:12:42 – Samantha Dart, Goldman Sachs
00:18:46 – Rolls-Royce lifts profit guidance
00:19:34 – Headlines
00:21:05 – Francisco Blanch, Merrill Lynch
00:29:19 – UK’S Reeves: UK can increase trade with the US
00:30:30 – Bruce Flatt, Brookfield CEO
00:38:26 – Brookfield CEO on economic outlook, Trump, policies
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