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Bloomberg Daybreak: Europe Edition

China Tariff Hike Averted, Oasis Inflation Driver, Global US Data Addiction 

12 Aug 2025

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On today's podcast:(1) President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies.(2) EJ Antoni, chief economist of the conservative Heritage Foundation, has been named to lead the Bureau of Labor Statistics after firing the former head of the agency earlier this month.(3) The US Treasury secretary has the ear of an impulsive president—and nervous investors worldwide hope it stays that way. An exclusive interview.(4) President Donald Trump downplayed expectations for his upcoming meeting with Russian leader Vladimir Putin as he seeks to end the war in Ukraine, casting it as a “feel-out meeting” and saying he would confer with Ukrainian and European leaders after the sitdown.(5) President Donald Trump announced he would take federal control of Washington DC’s police department and deploy 800 National Guard troops there, escalating his push to exert power over the nation’s capital.(6) The Oasis comeback tour looks set to add to a resurgence of inflation in the UK, complicating an already tricky situation that has divided the Bank of England.Podcast Conversation: TikTok Trends Are Driving Random Consumer Spending SpikesSee omnystudio.com/listener for privacy information.

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