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Podcast: Squawk Box Europe Express
Episode: Trump threatens 25% tariffs on all steel and aluminum imports
Description: U.S. President Donald Trump adds a new front to his trade war, as he threatened 25% tariffs on all steel and aluminum imports, and promises further “reciprocal” levies in the coming days. Meanwhile Chinese retaliatory tariffs on around 14 billion dollars’ worth of U.S. goods take effect, while fresh data shows a pickup in consumer inflation in the world’s second largest economy. In Germany, Chancellor Olaf Scholz and election frontrunner Friedrich Merz go head-to-head in the first television debate – with the health of the economy dominating the conversation. Pressure mounts on BP as activist investor Elliot Management reportedly builds up...