Trump Says US to Guide Ships Through Hormuz & US-EU Tariffs Dispute | Daybreak Europe 05/04/2026

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, President Trump says the US will begin guiding trapped ships through the Strait of Hormuz, and the US will respond with force is there is interference. US Central Command says it will provide military support, including the use of guided-missile destroyers and drones. China has ordered companies not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade. And EU leaders are meeting after Donald Trump threatened to raise tariffs on EU-made vehicles to 25%, in an escalation of the tariff dispute. Today's guest: Elias Haddad, Brown Brothers Harriman, Vice President & Global Head of Markets Strategy. (Source: Bloomberg)