Trump Plans Tariff ‘Liberation Day’, China Says Ready For Shocks | Bloomberg: The Asia Trade 3/24/25

“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Paul Allen and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:03:56 – China says it’s prepared for shocks as US tariffs loom
00:08:46 – US futures rise as traders eye tariff developments
00:15:44 – Australia Treasurer warns of ‘seismic’ US global economic shock
00:19:17 – Ukraine-US talks start in Riyadh, Russia-US meeting to follow
00:26:11 – Milken Institute Asia Chair and Temasek Advisor Senior Director Robin Hu on US-China trade war
00:33:13 – National Committee on US-China Relations on China’s economic recovery
00:38:05 – Japan, China discuss economy as US tariff pressure rises
00:41:01 – NYU Associate Professor of Politics Amy Catalinac on Ishiba’s popularity plunge
00:49:21 – Markets open in Japan and South Korea
00:52:33 – Goldman Sachs Global Head of Asset and Wealth Management Marc Nachmann on market strategy
01:01:21 – Trump plans his Tariff ‘Liberation Day’ with more targeted push
01:03:42 – China says it’s prepared for shocks as US tariffs loom
01:09:01 – Australia Treasurer warns of ‘seismic’ US global economic shock
01:14:18 – Breaking: Jibun Bank Japan March manufacturing PMI weakens
01:15:57 – Pennsylvania Municipal Retirement System CEO and CIO Tim Reese on wealth management outlook
01:27:58 – Tencent upgrades AI model to compete with DeepSeek, Alibaba
01:34:04 – South Korea ruling on impeachment case against Prime Minister Han Duck-soo
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16 Comments

  1. During Donald Trump's first term, his trade wars with China resulted in a U.S. trade deficit of $679 billion dollars. The middle class declined 11%. The U.S. bankruptcy rate increased 8%. Farm bankruptcies increased 20%. Homelessness increased by 6%, the inflation rate rose by 7.75% and the poverty rate rose to 11.4%. The wealth of the top 1% increased 32%.

  2. To address Chinese 🇨🇳 unfair trade practices, President Trump is mandated to impose 60% tariffs on all Chinese products.
    Additionally, China needs to change its behavior to remove the following tariffs:
    – 20% on Fentanyl trafficking,
    – 20% on human rights violations,
    – 20% on Taiwan Strait and South China Sea aggression.

  3. China is in a Love relationship by itself… I mean it got DeepSeek "which has to make up for that market deficit called on U.S. bonds", so of course the rollout will be like issuing out new "smart id cards to residents of the country" how easy is that.. I mean the Shocks will be absorbed by the fact that they are obligated to Easing measures along the way since the two cycles has only went to one side of they're Market…

  4. STAI rising 48 % week. ScanTech AI Systems. GRRR Gorilla Technology.. SES AI.. BURU . Nuburu. SOUN . SoundHound… QS . Li Auto…XPEV . Xpeng..CYN . Cyngn Robotics..SERV robotics. RIVN. Rivian.. EVGO.. NIO. CHPT ChargePoint..XOS, more

  5. Trump's tariffs are an internationally destructive attempt to raise revenue while stealing money from the working people, the aging, and the poor in the U.S., to award in tax breaks to corporations and the wealthy ownership class. It's a simple, disastrous equation, not a surprise. We all saw it coming.

  6. It's curious why all these financial commentaries cry about how any proposed Trump tariffs are LITERALLY THE END OF THE WORLD. However they curiously fail to mention that nearly all nations around the world have SKY HIGH tariffs on American goods and services. Hmm. Curious. 🤔