SQUAWK BOX, TUESDAY 19TH MAY, 2020

President Trump threatens to withdraw the U.S. from the WHO after accusing it of mis-handling the Coronavirus pandemic and being China-centric. However, Beijing pledges an additional $2bn in funding for the global health body. Asian stocks follow the Wall Street rally after the Dow soared more than 900 points on encouraging vaccine trial news from U.S. biotech firm Moderna. French President Emmanuel Macron and German Chancellor Angela Merkel have proposed a €500bn recovery pact to aid the hardest-hit EU members. China slaps Australia with 80 per cent tariffs on its barley following persistent demands for a probe into Beijing’s response to the virus outbreak. And in auto news, workers across Europe return to car plants ahead of the release of EU car registration numbers for April.