Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The US is proposing new tariffs of at least 10% on imports from 60 trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild the sweeping tariff wall struck down by the US Supreme Court.

(2) The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour European digital alternatives.

(3) British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more details of a military contract with the company, as UK political tension involving the controversial data firm ramps up.

(4) SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter.

(5) A month after President Donald Trump announced — and then abandoned — a plan to escort commercial ships through the Strait of Hormuz, the US military is trying less public ways of protecting vessels in the vital waterway.

(6) Vitol’s top executive in the Middle East said that many Western governments still aren’t reckoning with the oil supply crunch that’s rippling around the world due to the blockade of the Strait of Hormuz.

(7) Revolut is aiming for a near-$200 billion initial public offering within the next two years, which could hand its founder and CEO Nikolay Storonsky around $76 billion in stock.

Podcast Conversation: Fish, Foxes and Frogs Shortlisted to Oust Churchill on UK Cash

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US is proposing new tariffs of at least 10% on imports from 60 trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild the sweeping tariff wall struck down by the US Supreme Court.
(2) The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour European digital alternatives.
(3) British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more details of a military contract with the company, as UK political tension involving the controversial data firm ramps up. (4) SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. (5) A month after President Donald Trump announced &mdash; and then abandoned &mdash; a plan to escort commercial ships through the Strait of Hormuz, the US military is trying less public ways of protecting vessels in the vital waterway.
(6) Vitol&rsquo;s top executive in the Middle East said that many Western governments still aren&rsquo;t reckoning with the oil supply crunch that&rsquo;s rippling around the world due to the blockade of the Strait of Hormuz.
(7) Revolut is aiming for a near-$200 billion initial public offering within the next two years, which could hand&nbsp;<a href="https://www.bloomberg.com/news/features/2026-06-02/how-revolut-s-founder-is-building-a-76-billion-fortune">its founder and CEO Nikolay Storonsky around $76 billion in stock</a>. Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-06-02/fish-foxes-and-frogs-shortlisted-to-oust-churchill-on-uk-cash" data-destination="bb:NSN TFY98UKJH6V5">Fish, Foxes and Frogs Shortlisted to Oust Churchill on UK Cash</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

Tariffs Make Comeback, Europe Tech Sovereignty, How To Make $76bn

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c4f4b3e1-bdf4-4e9b-90cf-b45e005f9d0b/transcript