Bloomberg Daybreak: Europe Edition Record US Shutdown Ends, New EU Trade Offer To US, Russia Trademark Poaching
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Nov 13, 2025 In this discussion, Kriti Gupta, a Bloomberg TV anchor, sheds light on the practical implications of the recent US government shutdown, detailing its data impact and federal operations restart. Natasha Doff, a Bloomberg markets editor, dives into the rising issue of trademark poaching in Russia, explaining how foreign brands face opportunistic claims amid economic isolation. Both guests provide valuable insights into the challenges faced by international businesses and the complexities of evolving trade agreements.
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Shutdown Ends But Recovery Will Lag
- The US shutdown ended after a 43-day impasse that halted services and unpaid federal workers returned to work.
- Restarting full operations will take days or weeks and some economic data releases may be lost.
EU Proposes Next Trade Step To The US
- The EU will present an Implementation Action Plan to the US to advance the summer trade deal focusing on tariffs and market access.
- The proposal seeks lower rates for additional goods and guarantees against future higher sectoral duties.
Switzerland Seeks Big Tariff Cuts
- Swiss negotiators aim to cut US tariffs on watches and chocolate from 39% toward 15% in talks in Washington.
- The US confirmed it's "working on a deal" but a final agreement remains uncertain.