Forget Tariffs, It’s All AI-Led Growth: MLIV

US stocks struggled to build on record gains amid ceasefire tensions between the US and Iran. Growing strains on the ceasefire between the US and Iran sent oil prices higher for a third straight day. Meanwhile US President Donald Trump is proposing new tariffs of at least 10% on imports from 60 trading partners Bloomberg Cross-Asset Strategist Ven Ram breaks down the implications of the latest tariffs' announcement, the need for the Fed to tighten and also how the Bank of England needs to act early with Bloomberg's Lizzy Burden on "Daybreak Europe." (Source: Bloomberg)