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EU's Harder Line on China, Rubio Warns Europe to 'Awaken', More

Oct 8, 2026 · 7m

Summary

EU Trade Chief Maros Sefcovic is in Beijing to prevent a trade war, while WTO head Ngozi Okonjo-Iweala warns global commerce faces its biggest test since the 1940s. US Secretary of State Marco Rubio urges Europe to rebuild its economic and military power, and Bloomberg reports that China accidentally obtained F-35 fighter jet parts via a UPS routing error. Oil prices climb on fears of new US strikes on Iran, while Samsung posts record profits that still miss market forecasts. The segment also covers British political shifts, Trump’s plan to convert his Florida golf course into a presidentia…

Topics discussed

Sponsor: PayPal Pay Later and Bloomberg News Now intro EU-China trade tensions and WTO warnings Marco Rubio warns Europe of decline in Athens China obtains F-35 parts via UPS shipping error Oil prices rise on Iran strike fears and tanker attack Samsung reports record profit but misses forecasts British politics: Labour and Conservative conference shifts Trump seeks to turn Florida golf course into retreat Market wrap: Stocks down, oil and gold up Sponsors: PayPal, Edward Jones, and Cincinnati Insurance
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