Dutch Government Collapses, Trump & Xi ‘Likely’ To Talk This Week | The Opening Trade 06/03

Far-right lawmaker Geert Wilders pulled his Freedom Party out of the Netherlands’ ruling coalition, causing the government to collapse and triggering a snap election. Wilders left over the refusal of his three coalition partners to agree to his plans to curb migration. He wrote on social media Tuesday that his party “is leaving the coalition.”

US President Donald Trump and Chinese President Xi Jinping are likely to speak this week, the White House said, as the world’s two largest economies remain locked in trade turmoil. The last known conversation between Trump and Xi took place in January before the US president’s inauguration. “I can confirm that the two leaders will likely talk this week,” White House Press Secretary Karoline Leavitt told reporters on Monday. She did not provide a date for what she said was a “potential” call nor guarantee one would occur.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Lizzy Burden.

Chapters:
00:00:00 – The Opening Trade
00:02:10 – Trump, Xi Jinping ‘Likely’ to Speak
00:03:34 – Steel, Aluminum Tariffs
00:05:49 – Poland’s Donald Tusk Confidence Vote
00:07:29 – Russia, Ukraine Prisoner Swap
00:10:43 – Microsoft Layoffs
00:11:07 – TSMC Stock, Profit Record
00:11:22 – Dutch Coalition Risks
00:13:41 – Treasuries, Bonds Rally
00:25:27 – Poland Confidence Vote
00:32:32 – Section 899, Trump ‘Revenge Tax’
00:41:47 – US Dollar Check
00:46:57 – Stocks to Watch: Mining, Defense, Prosus
01:04:37 – Tariffs: TEMU, Shein Focus on Europe
01:08:03 – Dutch Government Collapses
01:20:02 – Deutsch Bank on Tariff Impact on Earnings
01:24:11 – Geert Wilders Exits Dutch Government
01:28:34 – Russia, Ukraine Prisoner Swap
01:31:17 – RUSI Director General Rachel Ellehaus
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