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Trump Extends Deadline for Tariffs on the European Union

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Manage episode 484864212 series 2507799
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

At the end of last week, President Donald Trump threatened to impose a 50% tariff on the European Union starting June 1st after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations. Now today, President Trump said he would extend the deadline for the EU to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen. We get market perspective from Stephanie Leung, Chief Investment Officer at StashAway.
Plus - Nippon Steel shares rose after President Trump says he will back a partnership between the Japanese company and US Steel. This comes as Japan is aiming for a trade deal with the US in June. We get reaction from Kurt Tong, Managing Partner at the Asia Group.

See omnystudio.com/listener for privacy information.

  continue reading

1730 episodes

Artwork
iconShare
 
Manage episode 484864212 series 2507799
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

At the end of last week, President Donald Trump threatened to impose a 50% tariff on the European Union starting June 1st after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations. Now today, President Trump said he would extend the deadline for the EU to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen. We get market perspective from Stephanie Leung, Chief Investment Officer at StashAway.
Plus - Nippon Steel shares rose after President Trump says he will back a partnership between the Japanese company and US Steel. This comes as Japan is aiming for a trade deal with the US in June. We get reaction from Kurt Tong, Managing Partner at the Asia Group.

See omnystudio.com/listener for privacy information.

  continue reading

1730 episodes

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