Trump Vows 25% Tariff on Countries Doing Business With Iran | Daybreak Europe 1/13/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Donald Trump vowed to impose a 25% tariff on goods from any country doing business with Iran, a move that risks upending America’s trade truce with China, the world’s top buyer of Iranian oil. The Trump administration's probe into the central bank triggers a backlash in Washington, with key Republicans warning Fed independence is being eroded. The yen weakened to its lowest since July 2024 and stocks soared after Kyodo reported PM Sanae Takaichi intends to call a snap election. The move is aimed at solidifying support for her hawkish political stance and pro-stimulus policies. Today's guests: Ali Vaez, Iran Project Director and Senior Adviser at International Crisis Group & Cardiff University Politics lecturer, Marta Lorimer. Chapters: 00:00:00 - Daybreak Europe 00:00:49 - Asia Shares Hit Record on Valuations 00:03:57 - Powell Probe Stirs GOP Concern, Threat to Stop Trump Nominee 00:10:05 - Japan Bonds Slump on Snap Election Report 00:13:09 - Yen Slump Deepens Even After Katayama, Bessent Share Concerns 00:16:01 - Trump Vows 25% Tariff on Countries Doing Business With Iran 00:16:35 - Ali Vaez, International Crisis Group Iran Project Director 00:23:14 - Europe Weighs Minimum Price on Chinese EVs 00:29:02 - Denmark, Greenland Reps in Washington for Talks 00:31:05 - Marine Le Pen Argues Election Ban is Appropriate 00:33:11 - Cardiff University Politics lecturer, Marta Lorimer 00:37:55 - Ermotti: Proposed Banking Regulations in Switzerland go Too Far -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts