President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the president’s trade war. UK inflation climbed to the highest level in 10 months in January, boosted by the cost of airfares, motor fuel, food and the imposition of value-added tax on private school fees. Consumer prices increased 3% from a year earlier, accelerating from a 2.5% pace in December, the Office for National Statistics said Wednesday.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Lizzy Burden and Tom Mackenzie.
Chapters:
00:00:00 – Opening Trade
00:01:44 – UK Inflation Rises
00:05:34 – HSBC Major Cost Cutting Plans
00:07:27 – Ukraine Not Invited to US-Russia Talks in Saudi
00:09:10 – German Election Countdown
00:12:38 – Pope Francis Treated for Double Pneumonia
00:13:24 – Bessent: Musk’s DOGE Saved an Est. $50B So far
00:15:37 – Trump: Auto Tariffs May Be Around 25%
00:24:02 – NATO’s Biggest European Spenders
00:27:26 – German Election: Who is Leading the Polls?
00:35:28 – TINA Falters, US Exceptionalism Questioned
00:41:59 – Trump, Putin ‘Likely’ To Meet I
00:44:32 – Macron Hosts Second Meeting in Paris on Ukraine
00:46:05 – European Markets Open
01:06:56 – HSBC SEE $1.8B Cost in Two Years over CEO Revamp
01:12:07 – German Investor Outlook Improves Most in Two Years
01:30:31 – Philips CEO: China is Working Way Back to Growth
01:33:05 – UK Inflation Hits 10-Month High
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