Bloomberg Daybreak: US Edition

Trump Bashes Powell and Touts Tariffs; Amazon's Tariff Move

Apr 30, 2025
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INSIGHT

Trump Defends Tariffs for Growth

  • President Trump defends tariffs as a means to spur economic growth and jobs.
  • He claims inflation and interest rates have come down despite Fed challenges.
INSIGHT

Trump Calls Bezos on Tariffs

  • The White House criticized Amazon’s reported plan to show tariff costs on products.
  • Trump personally called Jeff Bezos to address and quickly resolve the issue.
INSIGHT

China's Economy Slows Under Tariffs

  • China's factory activity hit its worst contraction since December 2023 amid tariffs.
  • Economists predict significant slowdown, calling for prompt stimulus measures.
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