Trump Seeks ‘Phenomenal’ Tariff Offers as Markets Tumble| Bloomberg The Pulse 04/04

Stocks slid further, adding to losses after a $2.5 trillion wipeout of US equities and putting MSCI’s global benchmark on track for the biggest weekly loss in seven months. Treasuries rallied while, the dollar has wiped out all of its gains since Donald Trump won the presidency in November as a new wave of tariffs upended global markets.

Trump said he was open to reducing his tariffs if other nations were able to offer something “phenomenal,” Speaking on Air Force One on Thursday, Trump broadly defended his tariff program despite a stock market meltdown, saying he was happy that interest rates were falling and believed that the economic turbulence would settle. “The tariffs give us great power to negotiate,” Trump said, adding that “every country has called us,” he said.

Today’s guests: Laura Cooper, Nuveen; Meera Chandan, JP Morgan

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:26 – Trump seeks "phenomenal" deals for tariff relief
00:03:41 – S&P500 worst days in 5 years
00:06:07 – Laura Cooper, Nuveen
00:14:22 – EU firms urged to stop US investments
00:18:55 – UK defense firms eye spending boost
00:22:03 – Headlines
00:23:30 – Meera Chandan, JP Morgan
00:32:15 – Oil prices continue to fall
00:35:05 – Lutnick: Global trade will adapt fast
00:38:12 – S. Korea court ousts President Yoon
00:40:02 – Trump tariffs put world on edge
00:44:06 – TikTok’s deal deadline looms
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