>> giuliana?t. >> has said what did not lead to it, at least in his estimation. he's adamant that this reversal was not prompted by concerns over higher prices for us consumers and stock market drops. the market, of course, has been rattled. >> and. >> kind of trying to keep up. >> with the pace of one. >> step forward, one step back, one step. >> sideways in. >> terms of president trump's tariff plans, you know, as he noted, he's. >> now walked. >> back 25% tariffs on more imports from canada and mexico for just one month. and that comes just two days after putting the levies into place. the temporary reprieve is on everything from avocados. >> to auto. >> parts targeting goods covered by the us mexico canada trade agreement that was negotiated in the first trump term. but as. >> you just. >> alluded to, about 60%. >> of canadian. >> imports and. half of those from mexico are still subject to. >> the 25% tariffs, and all bets are off. >> one month from now, when president trump wants reciprocal t

our giuliana tannenbaum and our jp ong are standing by. giuliana good morning. let's start with you. >> hey, frank. good morning. well, european equities have been under some selling pressure this morning after what has been an incredibly volatile week from a headline perspective. we'll take you to the moves this morning. you've got ftse 100 down about 4/10 of a percent. the xetra dax down 1.3%. the cac40 down about 8/10 of a percent and the ftse mid down about 2/10. germany clearly stands out here as the underperformer today. but let's put it into context. yesterday the dax outperformed broader europe gaining 1.5%. while the stoxx 600 was flat on the session, closing at a record high. the german market yesterday. so yes, we are underperforming this morning but it's after quite a strong run. it has been a mixed week across european equities. the benchmark stoxx 600 down around 1% week to date. but that is much stronger than what we've seen stateside. europe continuing to outperform the us, france and germany headed for a week in the green. as i mentioned, german

>> reporter: good morning, giuliana.inly the question of trade and tariff is going to be something he will have to talk about. resident trump has said the intent is to cut down the flow of fentanyl into this country but he is of course talking about the top u.s. trading partners and there are a lot of concerns about what the impact is going to be on american consumers. are we going to continue to see inflation and rising prices which is what president trump ran on and many voters have been looking to him to correct. so at some point he is going to have to start talking about the fact that prices are going up and they continue to under this tariff plan. outside of that they are expecting potentially discussion about foreign policy. we learned overnight that the trump administration is pausing aid military aid to ukraine after that big public clash in the oval office. and the fallout from that. so president trump was asked about this yesterday and said that he believes a lot of mere zelensky needs to show a little more app

giuliana. >> our really great to get the color of what's happening on the ground there.eally loved your opening shot. now let's stick with the tech sector. tiktok owner bytedance has reportedly seen its valuation rise as a result of a new employee share buyback. that's according to a report from reuters, citing sources, which says the program could value the firm at just shy of $315 billion. private equity buyout firms managed $4.7 trillion in assets as of june last year, according to data from bain and company. that is a 2% slide from 2023 levels. in the first annual decline since bain began tracking the data two decades ago. fascinating. i wonder to what extent that's because private equity hasn't been offloading or exiting a lot of their positions, to the extent that many had been hoping. let's put the question to sanjay mauli, partner at north zone. sanjay, great to have you with us. very keen to dive into what's been happening in private markets. and let me, you know, open with the what what's been happening in the ipo world. because at the start of the year, we spo

. >> all right giuliana thank you very much. our julianna tatelbaum live in our london newsroom. we're going to turn back to this morning's top story and wall street bracing for the latest wave of president trump's tariffs, including as much as 25% tariffs on canadian and mexican imports into the us and adding another 10% duty to chinese imports. though commerce secretary howard lutnick says the final tariff level for both mexico and canada will be decided by the president before they go into effect. tomorrow's tariff deadline is just the first in a series of trade shocks expected to hit the global economy, courtesy of the trump administration, including april 2nd deadline for tariffs on drugs, copper chips and more. the president also hinting at possible lumber tariffs in coming weeks, signing an executive order launching a national security investigation into the sector. the trump tariff wild card, forcing some investors to search for perceived safety within the markets while abandoning some other, more risky assets. check out the performance or the outperformance, i should say