Trump prepared to offer tariff exemptions to some nations

Trump prepared to offer tariff exemptions to some nations

President Trump says he is prepared to offer exemptions to some countries from reciprocal tariffs which begin on April 2nd. However, he pledges to add further levies on other key sectors such as autos, pharma, chips and lumber. Tesla sees European sales fall by more than 40 per cent during the first two months of the year. EV registrations on the Continent, however, surge by almost 30 per cent. Despite this, Tesla shares soar Stateside in their best session since November. And Washington DC is in uproar after a U.S. military operation against the Houthis in the Red Sea is mistakenly leaked to The Atlantic’s editor in a Signal group chat.

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SQUAWK BOX, TUESDAY 5TH MAY, 2020

SQUAWK BOX, TUESDAY 5TH MAY, 2020

Crunch time for the ECB…Germany’s constitutional court is set to rule on whether the ECB’s sovereign bond-buying programme is appropriate in a decision that could hinder its QE measures. BNP Paribas' ...

5 Touko 202024min

SQUAWK BOX, MONDAY 4TH MAY, 2020

SQUAWK BOX, MONDAY 4TH MAY, 2020

Chinese oil and airline stocks have dragged the Hang Seng down and U.S.-China tensions weighed on sentiment. U.S. officials reportedly believe China covered up the Coronavirus outbreak to hoard medica...

4 Touko 202027min

SQUAWK BOX, FRIDAY 1ST MAY, 2020

SQUAWK BOX, FRIDAY 1ST MAY, 2020

European Commission President Ursula Von Der Leyen tells CNBC exclusively that an investigation into the origins of Coronavirus is needed, with the cooperation of China. President Trump has threatened...

1 Touko 202025min

SQUAWK BOX, THURSDAY 30TH APRIL, 2020

SQUAWK BOX, THURSDAY 30TH APRIL, 2020

A global rally…The S&P 500 is set for its best month in nearly 50 years following positive news on a Gilead drug trial. U.S. Federal Reserve chairman Jerome Powell says the American economy has suffer...

30 Huhti 202024min

SQUAWK BOX, WEDNESDAY 29TH APRIL, 2020

SQUAWK BOX, WEDNESDAY 29TH APRIL, 2020

Standard Chartered warns of severe market dislocation as its credit impairments jump sharply. Shares rise in Hong Kong as its CFO, Andy Halford, says the signals coming from Asia are positive. Airbus ...

29 Huhti 202024min

SQUAWK BOX, TUESDAY 28TH APRIL, 2020

SQUAWK BOX, TUESDAY 28TH APRIL, 2020

HSBC’s first quarter profit slumps 48 per cent as it warns the Coronavirus crisis will have a material impact on capital and liquidity. CFO Ewen Stevenson, however, says it is starting to see some sig...

28 Huhti 202024min

SQUAWK BOX, MONDAY 27TH APRIL, 2020

SQUAWK BOX, MONDAY 27TH APRIL, 2020

The Bank of Japan launches an unprecedented expansion of its quantitative easing programme, pledging unlimited bond buying. The stimulus increase moves Asian equities higher. Chinese industrial profit...

27 Huhti 202024min

SQUAWK BOX, FRIDAY 24TH APRIL, 2020

SQUAWK BOX, FRIDAY 24TH APRIL, 2020

Germany commits…EU leaders have agreed on a huge rescue package to mitigate the economic damage wrought by the pandemic with Berlin set to provide a substantial contribution. A leaked WHO report shows...

24 Huhti 202023min

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