On today's podcast:

1) President Donald Trump said the US would respond to the European Union’s countermeasures against his new 25% tariffs on steel and aluminum, raising the risk of further escalation in his global trade war.

2) Senate Democratic leader Chuck Schumer said his party would block a Republican spending bill to avert a government shutdown on Saturday and urged the GOP to accept a Democratic plan to provide funding through April 11 instead.

3) The worst of the US equity correction may be over, with credit markets indicating a lower risk of recession, according to JPMorgan Chase & Co.

On today's podcast:
1) President Donald Trump said the US would respond to the European Union&rsquo;s countermeasures against his new 25% tariffs on steel and aluminum, raising the risk of further escalation in his global trade war.
2) Senate Democratic leader Chuck Schumer said his party would block a Republican spending bill to avert a government shutdown on Saturday and urged the GOP to accept a Democratic plan to provide funding through April 11 instead.
3) The worst of the US equity correction may be over, with credit markets indicating a lower risk of recession, according to JPMorgan Chase &amp; Co.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

Stocks Fall on Global Trade War Fears; Democrats to Block GOP Plan to Avert Shutdown

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dd7ec87d-9126-4de6-8134-b29f009b3f59/transcript

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