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Bloomberg Surveillance

President Trump's Tariffs; Ukraine Mineral Deal; Bitcoin Jumps

Mar 3, 2025
Peter Trubowitz, a geopolitics expert from the London School of Economics, discusses the implications of President Trump's proposed tariffs on Canada, Mexico, and China, highlighting the economic tensions they may cause. Lori Calvasina, head of US Equity Strategy at RBC Capital Markets, offers insights into how these tariffs are influencing market dynamics and investor sentiment. The conversation also touches on a potential mineral deal with Ukraine and the recent surge in Bitcoin, revealing intriguing intersections between international relations and finance.
37:40

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Quick takeaways

  • President Trump’s proposed tariffs signify a potential shift in U.S. economic policy, impacting relationships with Canada, Mexico, and China.
  • The evolving dynamics in U.S. foreign policy under Trump raise concerns for European allies, complicating security and diplomatic efforts.

Deep dives

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