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, the US President takes aim at Brazil, imposing a 50% tariff despite it running a trade deficit with the US. In his tariff letter, Donald Trump cites attempted coup charges against the right-wing former president Jair Bolsonaro, and calls for them to be dropped. Trump also confirms a 50% tariff on copper will take effect from August 1, setting up a race against the clock for traders rushing to get copper shipments to the US. Plus TSMC reports better than expected revenue, as Nvidia becomes the first $4 trillion company. Today's guests: Jane Foley, Rabobank, FX Strategy Head; Amrita Sen, Energy Aspects, Founder & Research Director. Chapters: 00:00:00 - Daybreak: Europe 00:01:51 - Chinese Tech Stocks Look to Nvidia for Inspiration 00:03:51 - Trump Unveils New Tariff Rates, Including 50% Levy on Brazil 00:06:17 - Trump: Bolsonaro Charges Should Be Dropped 00:08:10 - Brazil Assets Plunge After Trump Hikes Tariff Rate to 50% 00:09:16 - Nvidia Becomes First $4 Trillion Company 00:12:49 - Trump Confirms 50% Tariff on Copper From Aug. 1 00:14:50 - Traders Race to Get Copper to Hawaii, Puerto Rico 00:16:40 - Stephen Miran, US Council of Economic Advisers Chairman 00:19:47 - Amazon Prime Day Sales Off to a Weak Start 00:20:13 - Meta Lures Apple AI Chief with $200M Deal 00:20:36 - Microsoft Touts $500M AI Savings 00:21:05 - Nvidia Briefly Tops $4 Trillion 00:21:43 - SAP CEO Calls For Streamlined AI Regulation 00:26:13 - TSMC Revenue Climbs 39% in Latest Sign of AI Spending Boom 00:27:17 - Jane Foley, Rabobank FX Strategy Head 00:35:14 - TSMC Results Latest 00:36:50 - Musk's Grok 4 Model Launched 00:38:47 - Linda Yaccarino Stepping Down of Elon Musk's X 00:41:03 - Amrita Sen, Energy Aspects Founder 00:46:01 - USD Turnaround -------- 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