President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners. President Donald Trump derided Elon Musk’s announcement that the Tesla and SpaceX chief executive officer is starting a new political party, saying the US has “always been a two-party system.” “Third parties have never worked, so he can have fun with it, but I think it’s ridiculous,” Trump told reporters on Sunday. 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 Tom Mackenzie, Kriti Gupta and Valerie Tytel.