Trump Announces Steel, Aluminum Tariffs & OpenAI Rebuffs Musk | Daybreak: Europe 02/11/2025

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 Trump announces 25-percent tariffs on steel and aluminum imports from March 12 as he warns of levies on cars and chips. OpenAI founder Sam Altman tells Elon Musk 'no thank you', rebuffing a 97-billion dollar offer for his company. Chapters: 00:00:00 - Daybreak Europe 00:01:02 - Markets Slide on Trump's Steel, Aluminum Tariffs 00:05:51 - Trump Warns of Auto, Chip Levies Nex 00:08:24 - Fed's Jay Powell Faces Hyper-charged Hearing 00:10:13 - OpenAI Rebuffs Musk's 97-Billion Offer 00:13:27 - BP Earnings in Focus After Activist Move 00:17:04 - BOE's Mann: Bank Should've Cut More 00:19:40 - France Defends Digital Tax on Tech 00:26:00 - Gold Hits Record on Trump Tariffs 00:28:59 - China Braces for Auto Tariffs 00:31:59 - Trump Threatens Jordan, Egypt over Palestinian Refugees 00:32:59 - Unicredit Boosts Payouts as CEO Pursues DEals 00:37:04 - Gucci Sales Tumble as Kering Turnaround Falters 00:38:16 - France AI Summit Reacts to OpenAI Musk Bid -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts