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Europe’s Stoxx 600 Index fell hours before President Donald Trump’s tariffs announcement in the White House Rose Garden, with speculation swirling over the details of the proposed trade action. Healthcare stocks were among the biggest losers as mass layoffs at the US Department of Health sowed uncertainty over the outlook for vaccines and gene therapies. Among single stocks, Mercedes fell after Bloomberg reported the automaker could withdraw its least expensive cars from the US if tariffs make their sales unfeasible. Several proposals are said to be under consideration, including a tiered tariff system with a set of flat rates for countries, as well as a more customized reciprocal plan. The White House has said the tariffs would take immediate effect, but that Trump was open to subsequent negotiation. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:04:04 - Trump Tariff Plan Still in Limbo 00:05:31 - Traders See Tilt to Recession Risk 00:11:03 - Le Pen Presidential Bid Given Lifeline 00:11:46 - Musk-Backed Candidate Defeated in Wisconsin 00:14:02 - Credit Agricole Says ECB OKs Banco BPM Stake Raise 00:15:17 - Fed 'Sidelined': Richard Clarida 00:19:16 - UK Expects to Be Hit by US Tariffs 00:23:30 - Von Der Leyen: EU Ready to Retaliate 00:29:27 - Former Director in DG Trade of the European Commission on Tariffs 00:35:29 - Stocks Slip in Countdown to Tariffs 00:45:32 - European Markets Open 01:03:07 - Mercedes Weighs Pulling Some US Models 01:11:36 - Expect 25% US Copper Import Tariff: Citi 01:20:04 - Gold Price on Path for $3200: Citi 01:23:48 - Trump Tariiffs Effect on Asset Allocation -------- 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: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts