We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Trump Global Tariffs Blocked, Musk Leaves DOGE, Nvidia's Upbeat Results

Trump Global Tariffs Blocked, Musk Leaves DOGE, Nvidia's Upbeat Results

2025/5/29
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition
AI Deep Dive AI Chapters Transcript
People
D
Donald Trump
批评CHIPS Act，倡导使用关税而非补贴来促进美国国内芯片制造。
E
Elon Musk
以长期主义为指导，推动太空探索、电动汽车和可再生能源革命的企业家和创新者。
J
James Wilcock
J
Jensen Wang
J
Jill Desis
M
Mary Nicola
O
Olivier Blanchard
R
Rachel Reeves
T
Timothy Moe
T
Timothy Murray
Topics
Olivier Blanchard: 我认为特朗普政府的互惠关税缺乏国家安全理由，可能会面临法律挑战。即使他被迫撤销这些关税，他很可能会试图用针对特定国家的关税来替代，但这只会增加市场的不确定性。 Timothy Moe: 尽管市场已经消化了大部分乐观情绪，但美国贸易法院阻止特朗普关税的裁决在根本上是一个建设性的发展，因为它降低了关税风险。然而，并非所有风险都已消除，市场已经充分考虑了这一点。 Timothy Murray: 尽管美国贸易法院阻止特朗普关税的裁决可能被认为是一个打击，但这并不是最终的裁决。 Jill Desis: 法院的裁决主要针对特朗普通过行政命令实施的全球统一关税，以及对中国、加拿大和墨西哥的芬太尼相关关税。然而，对钢铁、铝和汽车征收的关税不受影响。由于特朗普政府正在对这一裁决提出上诉，案件可能会最终提交到美国最高法院，这使得情况变得更加复杂。即使特朗普最终可能被允许继续实施关税，这一裁决仍然增加了不确定性。关税被认为是抵消特朗普税收法案影响的收入来源，但许多贸易协议尚未完成。关税的不确定性导致投资银行不断修改全球增长预测，并使出口商面临是否继续提前装运的战略选择。 Mary Nicola: 市场对特朗普政府在关税问题上遭受的重大打击表示欢迎，认为这对美国乃至全球的经济增长是利好消息。然而，由于特朗普政府将上诉，且可能上诉至最高法院，因此仍存在许多不确定性。如果特朗普政府不遵守法院的规则和命令，将引发对美国法治的担忧，并重新引发抛售美国的担忧。尽管美元今天走强，但该地区货币仍面临升值压力，以纠正与美国的不平衡。 Donald Trump: 我的关税策略是一种谈判策略，通过设定高目标来达成协议。

Deep Dive

Chapters
The US trade court blocked most of President Trump's global tariffs, deeming them illegally imposed. This ruling caused a surge in stock markets and impacted the dollar's strength. However, the Trump administration's appeal introduces uncertainty.
  • US trade court deemed most of President Trump's global tariffs illegal
  • Ruling led to surge in stock markets (S&P 500, Nasdaq futures)
  • Trump administration appealing the ruling
  • Uncertainty remains about the future of tariffs and market impact

Shownotes Transcript

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda.

(2) US assets got a boost Thursday after a vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court. Upbeat earnings from Nvidia Corp. also lifted investor sentiment.

(3) Billionaire Elon Musk said Wednesday that his time as formal adviser to President Donald Trump is coming to a close, raising questions about the future of the Department of Government Efficiency effort he spearheaded.

(4)  Nvidia hief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for “exponential growth.”

(5) Federal Reserve officials broadly agreed heightened economic uncertainty justified their patient approach to interest-rate adjustments, minutes from their latest policy meeting showed Wednesday.

(6) The UK said it plans to require the country’s pension funds to invest in private markets and the domestic economy, a move widely opposed by the City of London’s investment managers. 

Podcast Conversation: Trump Bristles at ‘TACO Trade’ That Bets on Him Backing Down)

See omnystudio.com/listener) for privacy information.