Trump Trade War Erupts; China’s Ambitious Growth; German Defense Rally | Bloomberg The Pulse

US President Donald Trump defended his plan to remake the US through the biggest tariff increases in a century. “Tariffs are about making America rich again and making America great again. And it’s happening, and it will happen rather quickly. There’ll be a little disturbance, but we’re OK with that. It won’t be much.” Meanwhile, European stocks climbed and bonds in the region tumbled Wednesday morning on Germany’s plans to unleash hundreds of billions of euros for defense and infrastructure. Merz’s CDU/CSU and the rival SDU are speeding ahead with plans to boost investment rather than wait out a months-long process to form a governing coalition.

Today’s guests: Nataliia Lipikhina, JPMorgan Chase; Richard Saynor, Sandoz CEO; Kurt Bjorklund, Permira Holdings Executive Chairman; Tim Clark, Emirates Airlines President
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:42 – Trump defends tariffs in congress
00:04:01 – Nataliia Lipikhina, JPMorgan Chase
00:05:11 – China sets GDP growth goal at 5%
00:08:38 – Germany abandons fiscal shackles
00:14:41 – Richard Saynor, Sandoz CEO
00:19:41 – Headlines
00:21:00 – Kurt Bjorklund, Permira Holdings Executive Chairman
00:29:34 – Tim Clark, Emirates Airlines President
00:38:08 – Trump calls to end $52B chips act
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