Trump Rebuked Over Canada Tariffs as Midterm Anxieties Grow | Daybreak Europe 02/12/2026

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, the US House voted to end Donald Trump’s tariffs on Canada as six Republicans crossed the aisle, signaling growing anxiety over his economic agenda. The move increases pressure on Trump to change course just months before the midterms.

Trump said he told Benjamin Netanyahu he would press ahead with Iran talks, favoring a deal with the Islamic Republic despite the Israeli PM’s reservations.

Asian stocks rose, making their best start to the year relative to US equities this century.

Today’s guests: Global Data TS Lombard Chief Economist Freya Beamish, Siemens CEO Roland Busch & Michelin CFO Yves Chapot.

Chapters:
00:00:00 – Daybreak Europe
00:01:09 – Asia Stocks Make Best Start Versus US This Century
00:04:51 – Trump Rebuked Over Canada Tariffs
00:05:49 – Congress Defies Trump on Tariffs
00:14:50 – Global Data TS Lombard Chief Economist Freya Beamish
00:18:52 – US Pushing Ahead With Iran Talks
00:20:36 – Wright: US Aims to ‘Set Free’ Venezuelan Economy
00:22:39 – Traders Trim Rate Cut Bets
00:24:19 – Siemens CEO Roland Busch
00:34:49 – Michelin CFO Yves Chapot
00:43:00 – Founders Fund, D.E. Shaw Among Top Backers in Anthropic Deal 
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