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Bloomberg Daybreak: US Edition

US-EU Speed Up Trade Talks; Trump's Latest Harvard Threat

27 May 2025

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On today's podcast:     1) The European Union said it agreed to accelerate negotiations with the US to avoid a transatlantic trade war, signaling a more amicable approach just days after President Donald Trump criticized the bloc for taking advantage of the US and slow-walking talks.  2) President Donald Trump on Monday threatened to divert billions in grant dollars away from Harvard University and give those funds to trade schools across the US, escalating his clash with the elite institution. 3) HSBC Holdings Plc culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter.See omnystudio.com/listener for privacy information.

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