Bloomberg Daybreak: Europe Edition US-Europe Standoff Grows, Trump Shares Macron Chat, 200% Champagne Tariff, All-Women Trading Desk
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Jan 20, 2026 Stephen Arons, a Bloomberg finance correspondent, dives into the intriguing world of Banca Promos' all-women trading desk in Naples, showcasing its unique culture and operations. The discussion also touches on Trump's provocative remarks about Greenland and escalating champagne tariffs against France, alongside the UK's complicated stance on China’s new embassy. With insights into EU dynamics and a potential social media ban for minors, this episode weaves together finance, geopolitics, and innovative trends.
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Greenland Shift Forces EU To Choose A Line
- Donald Trump publicly framed Greenland as a national security necessity to counter Russia and China.
- Europe now faces pressure to draw a line between appeasement and escalation on US demands.
France-Germany Split Complicates EU Response
- Germany's Chancellor urged de-escalation while France pushed use of the anti-coercion instrument.
- That split highlights divergent national priorities and complicates a unified EU response.
Champagne Tariff Threat Raises Stakes
- Trump threatened a 200% tariff on French wines and champagne after Macron declined his Gaza peace board invite.
- The tariff threat heightened tensions and prompted European debate about retaliatory tools.