President Donald Trump said he would set tariff rates for US trading partners “over the next two to three weeks,” saying his administration lacks the capacity to negotiate deals with all of its trading partners. Trump said Friday that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick “will be sending letters out essentially telling people” what “they’ll be paying to do business in the United States.”

“I think we’re going to be very fair. But it’s not possible to meet the number of people that want to see us,” the president said during a meeting with business executives in the United Arab Emirates. 

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Lizzy Burden, Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 – The Opening Trade
00:01:56 – Trump Middle East Finale
00:04:49 – Trump UAE Deals in AI, Aviation, Energy
00:07:06 – UK, EU Summit Monday
00:10:13 – Romania Election
00:11:32 – Iran Says Won’t Abandon Enrichment
00:12:12 – Coinbase Stock Sinks After Hack
00:14:50 – S&P 500 Second Best Week of Year
00:17:55 – Markets Bet Two Fed Rate Cuts
00:25:27 – Tariffs: EU, UK Trade Deal Momentum
00:41:14 – Only Way Forward is if Zelenskiy Meet With Putin: Brusylo
00:45:05 – LA Wildfires Doesn’t Hinder Swiss Re Profit
00:48:02 – Stocks to Watch: Richemont, Swiss Re, Bayer
00:54:01 – Trump’s Final Day on Gulf Tour
01:06:22 – Leonardo Cingolani CEO on Ukraine, European Defense
01:13:20 – Trumop Arrives in Abu Dhabi
01:25:40 – Trump Speaks in Abu Dhabi
01:28:44 – US Dollar Weakens Again
01:32:36 – UAE, US Roundtable
——–
More on Bloomberg Television and Markets

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