Bloomberg Daybreak: Europe Edition
Trump China Tariffs Imposed, Beijing Hits Back & Starmer's US-EU Tightrope
Feb 4, 2025
Lizzie Burden, Bloomberg UK correspondent, shares insights from Brussels on Keir Starmer's diplomatic balancing act post-Brexit. She discusses China's swift retaliation to US tariffs and the implications for global trade. The conversation highlights Starmer's attempts to maintain strong ties with both the US and EU while managing intricate trade relationships. Furthermore, they explore the temporary delay of tariffs between the US, Canada, and Mexico and the pressure it places on Starmer to navigate defense spending amidst international expectations.
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Quick takeaways
- The U.S. imposition of a 10% tariff on Chinese goods triggered immediate retaliatory tariffs and investigations from China, highlighting escalating trade tensions.
- UK Prime Minister Keir Starmer's efforts to balance relations with both the EU and the U.S. reflect the complexities of modern international diplomacy post-Brexit.
Deep dives
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