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Podcast: Bloomberg Daybreak: Asia Edition
Episode: Trump Extends Deadline for Tariffs on the European Union
Description: At the end of last week, President Donald Trump threatened to impose a 50% tariff on the European Union starting June 1st after complaining the bloc was slow-walking negotiations and unfairly targeting US companies with lawsuits and regulations. Now today, President Trump said he would extend the deadline for the EU to face 50% tariffs until July 9 after a phone call with Commission President Ursula von der Leyen. We get market perspective from Stephanie Leung, Chief Investment Officer at StashAway.Plus - Nippon Steel shares rose after President Trump says he will back a partnership between the Japanese company...