Donald Trump’s new 10% global tariffs went into effect on Tuesday, kicking off a White House effort to preserve the president’s trade agenda after the Supreme Court struck down his original sweeping duties.
The president signed an executive order last Friday authorizing the 10% import tax just hours after the ruling. He subsequently threatened to raise the number to 15%, but Trump did not officially issue a directive to increase the rate by Tuesday at 12:01 a.m. Washington time when the 10% levy went into effect.
Today’s guests:
Emmanuel Cau, Barclays, Head of European Equity Strategy; Arancha González Laya, Sciences Po, Dean of International Affairs & Former Spanish Foreign Minister; Lindsay Newman, King’s College London, Visiting Research Fellow.
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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
00:00:26 – Trump’s 10% global levy takes effect
00:02:39 – EU: Trump’s new tariffs break trade agreement
00:04:20 – Emmanuel Cau, Barclays Head of European Equity Strategy
00:14:11 – Arancha Gonzalez Laya, Former WTO Chief of Staff & Former Spanish Foreign Minister
00:23:57 – Tuesday headlines
00:24:34 – Lindsay Newman, King’s College London Visiting Fellow
00:32:24 – EU’s Kallas on Ukraine-Russia war enter fifth year
00:36:06 – Russian invasion of Ukraine enters firth year
00:39:49 – StanChart unveils $1.5B buyback as profit misses
00:40:12 – Jamie Dimon sees parallel to pre-crisis era
00:45:20 – StanChart unveils $1.5B buyback as profit misses
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