Trump: Trade Deals Coming & Plans 100% Levy on Foreign Films | Daybreak Europe 05/05/2025

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, Donald Trump hints some trade agreements could come as soon as this week. But in a new front, the US president vows 100% levies on films from outside America.

Donald Trump says some trade deals could come as soon as this week.
Speaking aboard Air Force One, the US President says it will be up to him, not the other countries, when such deals are completed.

Meanwhile, Oil slumping on concerns of a global glut after OPEC+ agreed to boost output by over 400,000 barrels a day from next month. Saudi Arabia signaling further similar-sized increases may follow.

Today’s Guests: Lauréline Renaud-Chatelain, Senior Fixed Income Strategist at Pictet Wealth Management & Andreas Cleve, CEO and Co-Founder of Corti.

Chapters:
00:00:00 – Daybreak: Europe
00:02:32 – Asia Currencies Surge As Dollar Slides
00:03:47 – Taiwan Dollar Surges By Most Since 1988
00:04:43 – Trump: Trade Deals Could Come This Week
00:05:35 – US-China Trade Talks Latest
00:07:10 – Trump: 100% Tariff On Movies Coming In From Overseas
00:09:38 – Trump Rules Out Firing Powell
00:11:49 – Central Bank Decisions Ahead
00:15:25 – Oil Sinks As Opec+ Agrees To Supply Hike
00:18:34 – Shell Said To Study Merits Of BP Deal
00:20:57 – Warren Buffett To Step Down At Year End
00:22:01 – Greg Abel To Replace Buffett
00:26:20 – Fed Decision Preview
00:28:48 – Pictet Wealth Management, Senior Fixed Income Strategist, Lauréline Renaud-Chatelain
00:35:42 – Romania Election Result
00:36:07 – Australia Election Result
00:36:33 – Singapore Election
00:36:58 – Israel Seeks To Up Pressure In Gaza
00:38:03 – Taiwan Central Bank To Hold Presser On FX Market
00:39:14 – Corti CEO and Co-Founder, Andreas Cleve
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