US equities rise after smartphones, computers and semiconductors got an exemption from the Trump administration’s so-called reciprocal 125% tariff rate on China. Chinese President Xi Jinping lands in Vietnam ahead of visits to Cambodia and Malaysia, after China called on more mutual respect from the US. Blackrock’s Wei Li highlights quickly falling sentiment data, despite harder economic data continuing to hold up. Kelsey Berro of JPMorgan says credit is available in the market right now, but the rising cost may put off companies. Mathias DΓΆpfner, CEO of Axel Springer says the US should strike a transatlantic agreement with the European Union in order to increase its leverage in negotiations with China.βBloomberg Briefβ delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:01 – Intro 00:01:36 – First Look Movers 00:03:25 – Wei Li, BlackRock Global Chief Investment Strategist 00:09:59 – Trending on the Terminal 00:22:50 – First Look Movers 00:24:25 – Kelsey Berro, JPMorgan Asset Management Executive Director of Fixed Income 00:35:00 – Mathias DΓΆpfner, Axel Springer CEO 00:42:17 – What to Watch ——– More on Bloomberg Television and Markets
