Tariff Exemptions Boost Stocks as Uncertainty Remains High

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Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyApril 15th, 2025
Featuring:
1) Constance Hunter, Chief Economist at EIU, talks about whether the US is staring down a financial crisis as President Trump negotiates trade deals with other countries. While stocks are getting a boost as President Trump floats a potential pause in auto tariffs, ongoing trade tensions and concerns remain about the impact of tariffs on the economy.
2) Christopher Maher, CEO of OceanFirst Bank, discusses how inflation and tariffs are affecting how he operates his business and how clients are responding to changing conditions. Investor sentiment toward the economy is the most negative in three decades, with fund managers expecting the global economy to weaken and planning to reduce exposure to US equities, which is causing increasing challenges for business operators.
3) Sebastien Page, head of Global Multi-Asset and Chair of the Asset Allocation Steering Committee at T. Rowe Price, talks about his new book and demonstrating leadership in a growing uncertain market. Markets are showing signs of consolidating as Trump’s tariff exemptions haved raised hopes there may be room for negotiations after the president’s reciprocal levies this month wiped $10 trillion off global equities and spurred a rout in Treasuries. At the same time, the US is pressing forward with plans to impose tariffs on semiconductor and pharmaceutical imports by initiating trade probes led by the Commerce Department.
4) Scott Stringer, Former NYC Comptroller & NYC Mayoral Candidate, joins as part of our NYC mayoral race coverage to discuss New York City, Mayor Eric Adams' leadership, city finances, congestion pricing, and other issues.
5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ report on Netflix's market cap target and Business Insider's story on iPhone tricks to avoid increased costs.

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