EU's Strategic Approach to Trade Relations Amidst Potential Trump Presidency

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This chapter examines the potential impact of Donald Trump's second term on trade relations between the EU and the US, focusing on the existing trade surplus and historical tariffs. It highlights the EU's approach of balancing negotiation with the option of retaliatory tariffs to safeguard its interests while navigating US demands.

Britain’s new finance minister blamed the previous Conservative government for a £22bn fiscal hole, and Venezuela’s President Nicolás Maduro is facing international pressure to back up his claim of winning re-election. Plus, the FT’s Andy Bounds explains the EU’s trade strategy to deal with a potential second Trump presidency.

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Reeves announces ‘incredibly tough choices’ to plug £22bn fiscal hole

Pressure mounts on Venezuela’s Nicolás Maduro over contested presidential vote

EU prepares two-step trade plan to tackle Donald Trump

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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