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While stocks and the sun last, Tise and C's apply.

This is CBS. I on the world. I'm John Batchel. Bloomberg News reporting Trump's tariffs send

deliberate shock to heart of global economy. Another headline from Bloomberg. Francis

McCrone urges EU companies to pause U.S. investments. Another headline from Bloomberg. Francis McCrone urges EU companies to pause U.S. investments.

Another headline from Bloomberg. U.K. Statistics Crisis prompts ONS to cut non-essential work.

Another headline from Bloomberg. All gloomy, have you noticed? U.S. 10-year yield drops below 4% for the first time since Trump won.

I welcome Chris Regal. He is traveling. He's in Europe, listening to what Europe is saying about the

Liberation Day tariffs announced. He's in the UK, and that was compared to the EU light hit of 10% only that I've heard so far.

However, the tariffs are striking different markets in different ways.

So we're going to start in Europe general, where the EU has said that it will retaliate or respond or hold itself to a response

four weeks from now, four weeks. In the interim, we can assume there will be conversation.

The reason that's important is that Mr. Trump has deadlines of April 5th and April 9th to impose the

terrorists, and in the EU's case it's 20%, which would be extremely burdensome trying to recover

in Germany, for example, from two years of recession. Chris, a very good evening to you. Thank you for this. It is impossible

to generalize, but the EU is 27 states all driven with different agendas. The tariffs talk now

damages all of their economies. What is a general impression of Europe? Is this recession talk they're in or is it

negotiation talk they're in? Good evening to you. Good evening, John. Speaking from the United Kingdom

and from France thus far, the comments have been how we Americans will suffer on increased tariffs

...