BONUS EPISODE: Trump Auto Tariffs Spur Market & Political Response

BONUS EPISODE: Trump Auto Tariffs Spur Market & Political Response

President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, which will come into effect on April 3, initially targeting fully assembled vehicles. Trump also suggested further tariffs would be imposed on the European Union and Canada if they worked together “to do economic harm” to the US, and threatened levies on lumber, semiconductors, and pharmaceutical drugs. The tariffs are expected to raise prices of foreign-made cars, and even US-made vehicles may see price increases if supplies and parts are hit by levies or if supply chains are cut off from manufacturing in lower-cost countries. In this bonus episode of the Bloomberg Daybreak Europe Podcast Caroline Hepker and Stephen Carroll get the thoughts of our EMEA News Director Ros Mathieson and our Markets Live Executive Editor Mark Cudmore as well as hearing from Carl Tannenbaum, Chief Economist at Northern Trust.

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Episoder(1049)

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13 Feb 38min

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Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of Pre...

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Your morning briefing. All the news you need to start your day.On today's podcast:(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of Pr...

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Your morning briefing. All the news you need to start your dayOn today's podcast: (1) At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to th...

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