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Trump Tariffs Kick In, S&P's Worst Day of the Year; US Pauses Ukraine Aid | 03/04/2025

Bloomberg Television 35,799 7 days ago
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Equity futures hovered ahead of the market open after suffering their worst single day of the year at the start of the trading week. Bearish sentiment caused by President Trump's tariffs on Canada, China and Mexico coming into effect were exacerbated by retaliation. The US paused military aid to Ukraine ahead of the European Union proposing billions of euros of in loans for Pan-European Defense. Mark Haefele of UBS says the imposition of tariffs will hurt the US economy, if they're sustained. Stephanie Roth of Wolfe Research says the policy mix in America "can't get much worse at this point." “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:00 - Intro 00:01:40 - First Look Movers 00:06:24 - Mark Haefele, UBS CIO 00:24:14 - Stephanie Roth, Wolfe Research Chief Economist 00:31:16 - Trending on the Terminal 00:42:14 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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