Musk Seeks to ‘Kill’ Tax Bill, Trump Signs New Travel Ban | The Opening Trade 06/05

Elon Musk is on a mission to block President Donald Trump’s tax bill after he tried — and failed — to convince Republican lawmakers to preserve valuable tax credits for electric vehicles in the legislation, according to a person familiar with the matter.

President Donald Trump signed a proclamation that bans individuals from 12 countries from entering the US, reinstating one of the most controversial measures from his first term after an attack in Colorado that targeted an event supporting Israeli hostages.

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 Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade
00:03:00 – Japan Bond Sale
00:03:37 – ECB Rate Cuts
00:06:31 – Trump Travel Ban
00:07:49 – Wizz Air Not Giving 2026 Guidance
00:13:26 – Wizz Air CEO on Aircraft Issues
00:14:53 – Wise Moves LSE Listing to US
00:18:17 – ECB Rate Decision
00:22:09 – BNP Paribas: Remains Bullish on the Euro
00:28:50 – Vista Equity Partners’ Rachel Arnold
00:39:48 – US Treasuries Focus
00:47:18 – Stocks to Watch: Wise, Wizz Air, Bayer
01:01:15 – Wise Leaves London Stock Market
01:06:02 – Goldman Sachs AM Michael Bruun
01:15:11 – Germany’s Merz to Meet Trump
01:28:17 – Advent International: Incredibly Active Time in Europe
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