Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins. On today’s show, shares in automakers rise after President Trump said he is exploring temporary tariff exemptions to give auto companies more time to set up US manufacturing. However, his administration presses forward with trade probes on pharmaceutical and semiconductor imports – a precursor to potential levies. In an exclusive interview with Bloomberg, Treasury Secretary Scott Bessent dismisses speculation that foreign governments are selling off US debt following the recent rout in treasuries. Today’s Guests: Melanie Baker, Royal London Asset Management Senior Economist Chapters: 00:00:00 – Daybreak Europe 00:00:23 – Bessent Says Treasury Has Big Toolkit If Needed for Bonds 00:01:20 – Trump Floats Temporary Reprieve for Autos as Parts Tariffs Loom 00:06:35 – Trump Initiates Chips and Drug Probes Ahead of More Tariffs 00:10:25 – Treasury Rebound Relieves Markets 00:14:38 – Sefcovic: EU Remains Ready for Fair Deal 00:16:41 – Trump: EU Doesn’t Take Our Cars 00:18:44 – US-Iran Skeptisim 00:19:56 – US, Iran Set to Meet in Rome for More Talks 00:24:02 – Tariff Give and Take 00:25:07 – Trump Floats Auto Tariff Reprieve 00:28:50 – Citi Exposed on Card 00:31:12 – JP Morgan, BNY Limit Info Sharing 00:31:23 – LVMH Sales Fall as Shoppers Curb Spending on Luxury Goods 00:39:46 – Melanie Baker, Royal London Asset Management Senior Economist ——–
