Aug 12th, 2025
Trump Extends China Truce for 90 Days, Averting Tariff Hike | Daybreak Europe 8/12/2025
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, President Donald Trump extended a pause of tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest economies. Trump signed an order extending the truce through Nov. 10, deferring a tariff hike set for Tuesday, with “All other elements of the Agreement” remaining the same, according to Trump. Elsewhere, China has urged local companies to avoid using Nvidia Corp.'s H20 processors, particularly for government-related purposes, according to people familiar with the matter. Today's guest: Vidya Peters, DataSnipper CEO.



