SQUAWK BOX THURSDAY 23RD JANUARY 2020

SQUAWK BOX THURSDAY 23RD JANUARY 2020

The coronavirus remains among the top concerns as Squawk Box kicks off another day of coverage from the World Economic Forum. China imposes a travel ban on the city of Wuhan, as Beijing confirms nearly 600 cases and 17 deaths from the virus. However, the World Health Organisation holds off from declaring the outbreak a global health emergency.

President Trump takes the fight to Davos. U.S. Treasury Secretary Steven Mnuchin tells CNBC on a panel moderated by Geoff Cutmore that he will impose tariffs on European car companies should the UK and Italy go ahead with plans to introduce a digital tax. UK Chancellor Sajid Javid is forced to confirm that Britain will indeed roll out the planned levy in the spring, while Italian Finance Minister Roberto Gualtieri tells Steve Sedgwick that the EU will be a tough negotiator but would use more conciliatory methods than the US.

We also hear exclusively from the chairman of Chinese conglomerate Fosun International, Guo Guangchang, who says conflicts between Beijing and Washington will remain, as Secretary Mnuchin declines to set a deadline for the Phase 2 negotiations.

And in Frankfurt, ECB president Christine Lagarde is poised to launch the bank's first strategy review in 16 years, as JP Morgan CEO Jamie Dimon tells CNBC his one big worry is negative rates.

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Episoder(1818)

Trump slams brakes on 'Project Freedom' as talks progress

Trump slams brakes on 'Project Freedom' as talks progress

President Trump pauses the ‘Project Freedom’ operation after revealing that progress has been achieved on a potential deal with Tehran to end the conflict. U.S. Secretary of State Marco Rubio says reo...

6 Mai 25min

U.S. and Iran exchange fire in Strait of Hormuz

U.S. and Iran exchange fire in Strait of Hormuz

The U.S.-Iranian ceasefire agreement is in danger of falling apart after Tehran targets ships in the Strait of Hormuz. The flare-up sees the UAE also engage Iranian missile and drone fire. Unicredit h...

5 Mai 24min

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. President Donald Trump pledges to help guide stranded tankers through the Strait of Hormuz, using as many as 15,000 troops and 100 aircraft. The European Commission is mulling a response after Pr...

4 Mai 26min

ECB, BoE hold rates steady in face of inflation threat

ECB, BoE hold rates steady in face of inflation threat

Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq ...

1 Mai 30min

Brent surges to 4-year high as Trump eyes blockade extension, strikes

Brent surges to 4-year high as Trump eyes blockade extension, strikes

Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran’s offer to re-...

30 Apr 26min

Deutsche Bank and UBS post record quarterly results

Deutsche Bank and UBS post record quarterly results

Two of Europe’s key lenders enjoy stellar quarterly results on the back of market volatility. Deutsche Bank hikes revenue guidance after record profits while UBS notches a profit increase of 80 per ce...

29 Apr 26min

Trump slams Iranian moves to postpone nuclear talks

Trump slams Iranian moves to postpone nuclear talks

U.S. President Donald Trump voices displeasure at Iran’s proposal to postpone nuclear talks until after the conflict ends. Meanwhile, German Chancellor Friedrich Merz slams U.S. strategic aims in Iran...

28 Apr 27min

Trump urges Iran to reopen talks

Trump urges Iran to reopen talks

President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...

27 Apr 24min

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