Some calm has come back to financial markets

Care for a glass of Chianti or Bordeaux after recent market volatility? It’ll cost ya. After a tense few weeks, President Donald Trump announced a 20% tariff on all EU goods, including wine. While you might think that U.S. producers would be cheering, domestic wineries and wine s ...  Show more

From the BBC World Service: In a push toward a full-blown global trade war, China has reacted strongly to President Donald Trump’s threat to raise tariffs on its exports to more than 100%, saying it would “fight until the end.” Meanwhile, markets in Asia and Europe are more stabl ...  Show more

Yesterday, in the Rose Garden, President Trump sent out a clear message: the era of globalization is over. Trump announced sweeping tariffs on trillions of dollars of imports. The new duties immediately shook Wall Street and sent stocks plummeting. WSJ’s White House economic poli ...  Show more

This is a special edition of the Bloomberg Daybreak: US Edition podcast.      Subscribe to the show:      on Apple: http://bit.ly/3DWYoAN       on Spotify: http://bit.ly/3jGRYiB       Anywhere: http://bit.ly/3J1bct9 On today's episode:      President Donald Trump imposed the steepe ...  Show more

On today's podcast:      1) President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.      2) Donald Trump’s shake-up of the globa ...  Show more

Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell. In tariff news, President Trump dialed down his confrontational tone with China in an effort to secure a summit with ...  Show more