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For your information, you can find below the description of the video Trump Targets BRICS; China-EU Tensions Ramp Up; Musk V Trump Again | Daybreak Europe 07/07/2025 published by the Youtube channel Bloomberg Television:
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, nations scramble to strike trade deals with the US before the 90-day higher tariff pause expires on Wednesday. Donald Trump says letters are being sent with new tariff rates, which will come into force on August 1. The US President also takes aim at BRICS nations, threatening an extra 10% tariff on countries aligning with what he describes as their 'anti-American policies'.
Also on the show, Tesla under pressure as the feud between Donald Trump and Elon Musk intensifies - the Telsa CEO says he's forming a new political party. Plus oil falls as OPEC+ agrees a bigger than expected production hike in August.
Today's guest: Jonathan Ross, Groq, Founder & CEO.
Chapters:
00:00:00 - Daybreak: Europe
00:02:23 - Asian Shares Decline on Trade Angst, Oil Falls
00:03:15 - Chinese Medical Device Shares Rise
00:04:31 - Nations Chase US Trade Deals as Bessent Hints at Extension
00:07:33 - Lutnick Says Trump’s Tariffs Will Take Effect on August 1
00:08:45 - Trump Threatens New 10% Tariffs on ‘Anti-American’ BRICS Nations
00:10:26 - Bessent Hints at Trade Extension
00:11:13 - Markets Tussle with Latest Trade Deadline
00:14:16 - Oil Drops as Larger OPEC+ Supply Increase Raises Glut Concerns
00:17:04 - OPEC’s New Supply Shock Locks In Oil Market’s Return to Surplus
00:19:01 - Iranian Supreme Leader Makes Public Appearance
00:19:30 - Texas Flood Deaths Rise as Crews Seek Victims
00:19:58 - Trump: US to Talk with China About TikTok This Week
00:20:56 - BloombergNEF: Global Battery Supply Chains
00:26:06 - Trump Threatens New 10% Tariffs on ‘Anti-American’ BRICS Nations
00:30:04 - Gaza Ceasefire Talks in Qatar
00:31:42 - Israel Hits Houthis After Red Sea Attack
00:33:29 - Jonathan Ross, Groq, Founder & CEO
00:39:59 - Trump Slams Musk for Third Party
00:42:21 - Tesla Shares Under Pressure
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