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Daimler Warning Must Be Taken Seriously, Aberdeen's Athey Says

Jun.21 -- Daimler AG became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China, claiming Chinese customers will now buy fewer cars after Beijing has slapped tariffs on U.S. auto imports. James Athey, an investment manager at Aberdeen Standard Investments, discusses the German luxury-car maker's warning on "Bloomberg Markets: European Open."