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For your information, you can find below the description of the video Trump Tariffs: US Stock Futures Sink as China Retaliates | Opening Trade 04/04 published by the Youtube channel Bloomberg Television:
President Trump defends his tariffs and dismisses the market meltdown. Rattled investors now await US Payrolls data with the Federal Reserve Chair Jerome Powell due to speak today. US stock futures tumbled as much as 4.1% early Friday after China retaliated against new US tariffs with levies on all American imports, exacerbating a rout that sent American equities to the worst day since 2020 on Thursday. Contracts on the S&P 500 Index plunged as China imposed a 34% tariff on all American imports starting April 10. All of the Magnificent Seven stocks including Nvidia, Tesla, and Apple fell premarket.
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 Guy Johnson and Lizzy Burden.
Chapters:
00:00:00 - Opening Trade
00:01:57 - Trump Tariffs: Trump Seeks 'Phenomenal' Deals
00:02:46 - S&P 500 Lose More Than $2.5 Trillion
00:05:16 - Canada PM: Old Relationship with US Over
00:09:11 - Canada Foreign Minister: Tariffs Will Hurt Americans
00:20:26 - South Korea Court Ousts President Yoon
00:20:58 - Republicans Weight Millionaire Take Rate
00:24:56 - S&P 500 Worst Day in 5 Years
00:27:41 - Dollars Gains Wiped Out
00:39:20 - Fed Chair Powell Speech Today
00:41:00 - Traders Bet Rate Cuts of 100 BPS
00:45:36 - European Stocks Lower Again
01:02:40 - OPEC Announces Oil Production Hikes
01:12:06 - Stoxx 600 Worst Weeks Since 2022
01:28:21 - Tiktok Bid from Amazon
01:29:00 - Tiktok Deal Deadline, EU Fine
01:34:20 - Manchester Derby Preview
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