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cover of episode Targeted Trump Tariffs; US Discussions on Ukraine-Russia

Targeted Trump Tariffs; US Discussions on Ukraine-Russia

2025/3/24
logo of podcast Bloomberg Daybreak: US Edition

Bloomberg Daybreak: US Edition
AI Chapters Transcript
Chapters
The markets show optimism due to President Trump's plan for more targeted tariffs. While the tariffs will focus on nations with significant trade deficits, some sectors and nations might be excluded.
  • President Trump plans to announce targeted tariffs on April 2nd.
  • The tariffs will target 15 nations with large trade deficits with the U.S.
  • Some tariffs might exclude certain nations and sectors.
  • Senate Democratic Leader Chuck Schumer warns against Trump's defiance of court orders.

Shownotes Transcript

On today's podcast:

  1. Markets get a lift on word President Trump's tariffs will be more targeted. President Trump is preparing to announce "reciprocal tariffs" on April 2, targeting countries that have tariffs or barriers on US goods, but excluding some nations and blocs.

  2. Separate ceasefire talks continue between the U-S, Ukraine and Russia. The White House aims to reach a truce agreement in the Russia-Ukraine war by April 20, but recognizes that the timeline may slip due to large gaps between the two sides' positions.

  3. Mark Carney takes aim at Trump as he launches his election campaign in Canada. Canadian Prime Minister Mark Carney has called an election for April 28, with polls showing a close contest between his Liberal Party and the Conservatives.

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