Trump Tariffs and the Impact on Markets
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 3 June 2025
⏱️ 44 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & David GuraJune 3nd, 2025
Featuring:
1) Tina Fordham, founder at Fordham Global Foresight, on how geopolitics are never 'going back to normal'
2) Chris Harvey, Chief US Equity Strategist at Wells Fargo, on markets. Stock futures are lower after the weekend brought more tariff drama, with China and the US accusing each other of violating a trade deal concluded just a few weeks ago. There’s also bearish comments on the dollar: Morgan Stanley expects the currency to slump 9% by mid-2026.
3) Tom Porcelli, Chief US Economist at PGIM Fixed Income on how the Fed is on the sidelines, for now. But as economic activity slows this year, we expect the Fed will ease in H2.
4) Evan Osnos, author and New Yorker staff writer, on his new book "The Haves and Have-Yachts"
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Transcript
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| 0:39.6 | The entire auto sector is higher today. |
| 0:42.7 | And analysis on the companies making news on Wall Street. |
| 0:44.2 | Tesla's been a stock that's been in focus. |
| 0:46.4 | Shares have really been all over the math this morning. |
| 0:49.3 | Listen to the Stock Movers Report from Bloomberg. |
| 0:51.4 | Let's talk about some other decliner. It's your short audio report on the day's winners and losers in the stock market. |
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| 1:06.9 | Bloomberg Audio Studios, Podcasts Radio News. |
| 1:16.5 | This is the Bloomberg Surveillance Podcasts |
| 1:19.1 | Live, Weekdays at 7 a.m. Eastern |
| 1:22.4 | on Apple CarPlay or Android Auto with the Bloomberg Business app. |
| 1:27.0 | Listen on demand wherever you get your |
| 1:28.8 | podcasts or watch us live on YouTube. Tina Fordham now with us and David Gurra with us as well. Tina, |
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