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	Podcast:		Squawk Box Europe Express
	Episode:		Trump launches multiple trade wars
	Category:		News & Politics
	Duration:		00:26:00
	Publish Date:		2025-02-03 07:05:08
	Description:		President Trump triggers a trade war which sends the dollar soaring and pushed Asian equities into the red. Mexico and Canada are hit with 25 per cent while Chinese goods are subject to a 10 per cent surcharge on existing tariffs. Trump has threatened that the EU could be targeted next. Both Canada and Mexico have vowed to retaliate. In M&A news, Italy’s Unicredit has disclosed a new stake in the country’s largest insurer, Generali, but has denied any strategic interest behind the move. German lender Commerzbank posts a record FY pre-tax profits while fending off interest from Unicredit. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
	Total Play:		0