Trump Trade War Widens, Altman Rejects Musk Offer & Arab World Scrambles

Trump Trade War Widens, Altman Rejects Musk Offer & Arab World Scrambles

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.

(2) President Donald Trump has agreed to consider an exemption for Australia from US tariffs on steel and aluminum following a telephone call with Prime Minister Anthony Albanese, even after he initially said there would be no exceptions from the imposts.

(3) The growing prospect of a trade war comes as the the UK's new ambassador to the US -- Peter Mandelson -- says it's important for allies to respect Trump's electoral mandate.

(4) A group of investors led by Elon Musk has offered to buy the nonprofit that controls OpenAI for $97.4 billion, escalating a clash between the Tesla chief executive and the artificial intelligence company he co-founded.

(5) A Bank of England voting member who backed an outsized interest rate cut last week sees companies struggling to raise prices as consumers pull back on spending.

(6) Europe is teetering on the edge of its next energy crisis after natural gas prices soared to the highest in two years.

See omnystudio.com/listener for privacy information.

Episoder(1102)

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Oil Whiplash As War Rages, European Energy Squeeze, Trump Still Wants Greenland

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Gas Price Jumps 35%, Energy Inflation Fears, Navigating War Insurance

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Europe Says No To Trump, Iran Diplomacy Hope Dims, Cathie Wood Talks AI & War

Europe Says No To Trump, Iran Diplomacy Hope Dims, Cathie Wood Talks AI & War

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who op...

18 Mar 23min

Iran Bombs Energy Supplies, Nvidia'a $1T AI Forecast, Market Complacency

Iran Bombs Energy Supplies, Nvidia'a $1T AI Forecast, Market Complacency

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iran stepped up attacks on energy infrastructure around the Persian Gulf and set a massive gas field ablaze, addin...

17 Mar 21min

Trump ‘Demanding’ Help, Iran Tests NATO Defences, Global Fuel Crisis

Trump ‘Demanding’ Help, Iran Tests NATO Defences, Global Fuel Crisis

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US President Donald Trump said he is “demanding” that other countries contribute to the defense of the Strait of H...

16 Mar 18min

Bonus Episode: Here's Why the Iran War Could Hinge on Missile Math

Bonus Episode: Here's Why the Iran War Could Hinge on Missile Math

We’re sharing something a little different in the Daybreak Europe feed today, the the latest episode of Here’s Why hosted by Stephen Carroll.While Daybreak Europe brings you the essential news each m...

15 Mar 9min

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to next week’s monetary policy decision from the Fe...

13 Mar 39min

Russia Helps Iran Strikes, War Breaks Market Plans, EU Counts Conflict Cost

Russia Helps Iran Strikes, War Breaks Market Plans, EU Counts Conflict Cost

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US has issued its second authorization for buyers to take Russian oil cargoes already at sea, widening a tempo...

13 Mar 17min

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