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 he’s going to impose 25-percent tariffs on steel and aluminum today. He didn’t specify when the duties will take effect. Chancellor Olaf Scholz struggled to land the decisive blow he urgently needs on frontrunner Friedrich Merz in the first of two televised debates ahead of Germany’s snap election in two weeks.

Today’s guests: Swiss Re’s European Chief Economist, Charlotte Mueller. (Source: Bloomberg)