Trump's Tariff Announcement | Bloomberg: The Close 04/02/2025

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are JP Spinetto, Bloomberg Opinion, Stephen Engle, Bloomberg News, Derek Decloet, Bloomberg News, Esther George, Fed Reserve Bank of Kansas City Former President, Gina Martin Adams, Bloomberg Intelligence, Shannon O’Neil, Council of Foreign Relations, Wilbur Ross, Former US Secretary of Commerce, Natalia Kniazhevich, Bloomberg News, Julie Biel, Kayne Anderson Rudnick, Vincent Reinhart, BNY Investments and Trump Tariff Announcement.

Chapters:
00:00:00 - The Close Begins
00:01:19 - JP Spinetto, Bloomberg Opinion
00:02:44 - Stephen Engle, Bloomberg News
00:04:49 - Derek Decloet, Bloomberg News
00:06:23 - Esther George, Fed Reserve Bank of Kansas City Former President
00:20:48 - Gina Martin Adams, Bloomberg Intelligence
00:27:27 - Shannon O’Neil, Council of Foreign Relations
00:37:09 - Wilbur Ross, Former US Secretary of Commerce
00:46:29 - Natalia Kniazhevich, Bloomberg News
00:49:26 - Julie Biel, Kayne Anderson Rudnick
00:56:47 - Vincent Reinhart, BNY Investments
01:05:08 - Trump Tariff Announcement
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aml
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It's hard for China to circumvent American tariffs any longer.
Chinese firms that set up re-lableing shops in Cambodia, Vietnam, or South Africa to ship their products to the US will have to close their shops.

lastChang
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Lol I just finish purchasing eggs, they are most definitely not down by any amount in price let alone by 50% ! It is amazing how easily the dude lies on live tv with all these data points, the fact he get a megaphone to do this daily a la Alex jones to billions of ppl is just astounding

topspinaurelius
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Self inflicted pain. Objectives would be missed as they only have less than four years. How many factories would be built and operating within those three years plus? Then they would lose the next election. The upcoming Democrats would have to spend, say about two, years to undo it all.

BTS-zqvy
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Whatever Trump's tariffs are, pass them back to China 🇨🇳.
This is how countries can ease their pain and address Chinese unfair trade practices at the same time.

ArabicReja
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I wish someone would explain to him that foreign countries don't pay tariffs, the American consumer does 😂

rydirban
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❤️

HambastegyIran
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China will be the only market I invest in going forward. All it does is accelerating de-dollarization.

jasehkhk
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