Bloomberg Daybreak: US Edition EU-US Tariff Battle Heats Up; Trump Will Send Air-Defense to Ukraine
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Jul 14, 2025 Tensions rise as the EU plans to counter US tariffs, aiming to strengthen ties with Japan and Canada. President Trump announces the transfer of Patriot air-defense batteries to Ukraine, heightening military support amid ongoing conflict. Meanwhile, Bitcoin soars past $120,000, fueling excitement as lawmakers gear up for significant crypto legislation. The podcast dives into the implications of these developments, from trade negotiations to political dynamics, providing listeners with a captivating overview of the current landscape.
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EU Unites Against U.S. Tariffs
- The EU is increasing cooperation with countries facing U.S. tariffs to form a collective response.
- They may coordinate strategies or reroute trade to mitigate impacts, signaling unity against U.S. trade aggression.
UK-US Tariff Deal Progress
- The U.K. was the first country to sign a tariff reduction deal with the U.S. this year.
- President Trump is preparing for a second state visit hosted by King Charles in September.
US to Send Patriots to Ukraine
- President Trump announced the U.S. will send Patriot air-defense batteries to Ukraine for protection.
- The EU is funding the program, illustrating international support dynamics in the Ukraine conflict.