Bloomberg Daybreak: Europe Edition

Trump's 25% Tariff Timeline, Executive Order Blitz & Jan 6th Rioters Pardoned 

Jan 21, 2025
Jenny Marsh, a Bloomberg journalist specializing in the Chinese economy, sheds light on recent U.S. tariffs proposed by Trump against Mexico and Canada, highlighting the potential economic fallout. The discussion also covers Trump's controversial pardons for January 6th rioters and his executive orders on diversity and gender identity. Additionally, Marsh delves into the implications of his TikTok decision and the evolving dynamics in U.S.-China trade relations, suggesting a shift in America's international negotiation strategies.
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INSIGHT

Tariffs on Mexico and Canada

  • President Trump plans to impose 25% tariffs on Mexico and Canada by February 1st.
  • He claims they are letting migrants and fentanyl flood into the US.
INSIGHT

No immediate China Tariffs

  • Trump is holding off on China-specific tariffs for now.
  • He ordered an investigation into unfair trade practices and China's compliance with a previous deal.
INSIGHT

TikTok Ban Halted

  • Trump temporarily halted the TikTok ban, granting more time for a deal.
  • He suggested a potential US partnership or joint venture with TikTok.
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