Trump Says He’s Willing to Lower China Tariffs at Some Point  | Bloomberg The Pulse 05/05

President Donald Trump said he is willing to lower tariffs on China at some point because the levies now are so high that the world’s two largest economies have essentially stopped doing business with each other. Trump has placed tariffs as high as 145% on Chinese imports. China has retaliated with tariffs of 125% on American imports. Trump announced Sunday that he plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies on US imports to the entertainment sector for the first time. The dollar weakened and US equity-index futures dropped, threatening to end the S&P 500’s longest winning streak in two decades, as uncertainty about US trade policy hung over markets. Crude oil slumped after OPEC+ announced another supply increase
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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
00:01:01 – Trump: Powell Should Lower Interest Rates
00:02:18 – US Equities Continue Winning Streak
00:03:23 – US Stocks Futures Fall With Dollar
00:05:30 – Alain Bokobza, Société Générale Head of Global Asset Allocation
00:12:18 – OPEC+ Agrees Another Supply Surge in June
00:14:44 – Fed Set to Hold Rates Steady This Week
00:18:12 – Berkshire $350 Billion Cash Buffer
00:19:52 – European Earnings in Focus
00:22:53 – Adani Camp Pushes to End US Bribery Case
00:25:27 – BOE Expected to Cut Rates
00:27:30 – Taiwan Dollar Surges For Second Session
00:29:17 – Romania Relationship With EU Challenged
00:30:15 – Veronica Anghel, European University Institute Assistant Professor
00:35:57 – Taiwan Bank Says Wont Manipulate Currency
00:42:30 – Nadia Martin Wiggen, Svelland Capital Director
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