Trump Threatens Large Tariffs on Canada & EU; Announces Auto Levies | Daybreak: Europe 03/27/2025

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, Donald Trump threatens ‘far larger’ tariffs on the EU and Canada if they work together against the US. The President also announced 25% levies on all car imports next week, sending automaker shares lower.

Today’s Guests: Bruna Skarica, Morgan Stanley Chief UK Economist; Michelle He, Abound/Render Co-Founder.

Chapters:
00:00:00 – Daybreak Europe
00:01:25 – Trump Announces 25% Tariffs on Car Imports
00:06:34 – Trump Threatens ‘Far Larger’ Tariffs on EU, Canada
00:14:04 – EU Regrets Auto Tariffs
00:15:40 – EU Considers Double-Digit Tariffs
00:17:29 – EU Leaders Meet to Discuss Ukraine
00:20:19 – Pressure on Trump Over Signal Texts
00:24:42 – Trump Considers China Tariff Cut
00:28:27 – UK’s Reeves Unveils New Budget
00:30:46 – Bruna Skarica, Morgan Stanley Chief UK Economist
00:36:16 – Fmr US China Trade Rep: China Surplus Too Big
00:37:02 – Trump May Cut China Tariffs for TikTok Deal
00:39:41 – Michelle He, Abound/Render Co-Founder
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