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    Home » Trump Eyes Auto Tariff Reprieve, Launches Chips and Pharma Probe | Daybreak: Europe 04/15/2025

    Trump Eyes Auto Tariff Reprieve, Launches Chips and Pharma Probe | Daybreak: Europe 04/15/2025

    April 15, 2025 Business and Money Vids 2 Mins Read
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    Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

    On today’s show, shares in automakers rise after President Trump said he is exploring temporary tariff exemptions to give auto companies more time to set up US manufacturing. However, his administration presses forward with trade probes on pharmaceutical and semiconductor imports – a precursor to potential levies. In an exclusive interview with Bloomberg, Treasury Secretary Scott Bessent dismisses speculation that foreign governments are selling off US debt following the recent rout in treasuries.

    Today’s Guests: Melanie Baker, Royal London Asset Management Senior Economist

    Chapters:
    00:00:00 – Daybreak Europe
    00:00:23 – Bessent Says Treasury Has Big Toolkit If Needed for Bonds
    00:01:20 – Trump Floats Temporary Reprieve for Autos as Parts Tariffs Loom
    00:06:35 – Trump Initiates Chips and Drug Probes Ahead of More Tariffs
    00:10:25 – Treasury Rebound Relieves Markets
    00:14:38 – Sefcovic: EU Remains Ready for Fair Deal
    00:16:41 – Trump: EU Doesn’t Take Our Cars
    00:18:44 – US-Iran Skeptisim
    00:19:56 – US, Iran Set to Meet in Rome for More Talks
    00:24:02 – Tariff Give and Take
    00:25:07 – Trump Floats Auto Tariff Reprieve
    00:28:50 – Citi Exposed on Card
    00:31:12 – JP Morgan, BNY Limit Info Sharing
    00:31:23 – LVMH Sales Fall as Shoppers Curb Spending on Luxury Goods
    00:39:46 – Melanie Baker, Royal London Asset Management Senior Economist
    ——–
    More on Bloomberg Television and Markets

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