Bloomberg Daybreak: Europe Edition EU Preps US Counter Measures, Safe Havens Rise, Swedish Fighter Jets
Jul 14, 2025
The EU is gearing up to counter US tariffs while forging stronger ties with Canada and Japan. As Trump raises trade tensions, UK hiring has taken a nosedive, partly due to rising payroll taxes. France is ramping up defense spending in response to increasing threats in Europe. Meanwhile, Saab's Gripen jets find new interest from countries like Thailand and Colombia, reflecting a shift in military procurement strategies across Europe. The podcast also touches on personal health journeys and the role of AI in shaping economic landscapes.
AI Snips
Chapters
Transcript
Episode notes
EU's Coordinated Tariff Response
- The EU is coordinating with countries like Canada and Japan to respond to Trump's 30% tariff threats.
- They prefer a negotiated solution but prepare for potential countermeasures if no deal is reached by August 1st.
UK Hiring Drops Amid AI and Taxes
- UK hiring is dropping significantly, especially in AI-impacted sectors like tech and finance.
- This decline adds to economic strains from tax surges and slowing growth.
Trump’s Rare Second UK State Visit
- The UK is hosting Donald Trump for a second rare state visit in September.
- This diplomatic moment may help leverage trade and security gains despite controversy.