
Bloomberg Daybreak: Europe Edition Starmer Interview Exclusive, Minnesota Trump Pullback, EU-India Trade Deal
Jan 27, 2026
Interview highlights a UK-China trip framed as business opportunity without forcing a US-China choice. The EU and India near a landmark trade pact to deepen economic ties. Trump threatens steep tariffs on South Korea, stirring global trade uncertainty. Gold rockets above $5,000 as investors flee to safe havens. A Border Patrol commander exits amid backlash after deadly incidents in Minneapolis.
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No Binary Choice Between US And China
- Keir Starmer says the UK doesn't have to choose between the US and China and will pursue both relationships.
- He sees significant business opportunities in China while maintaining pragmatism with the US.
Trump's Tariff Threat Raises Uncertainty
- President Trump threatened 25% tariffs on South Korean goods, citing timing on legislative codification.
- The move underscores that US trade commitments can be unpredictable and subject to sudden reversal.
EU‑India Trade Deal To Reduce Tariffs
- The EU and India are set to announce a trade deal lowering tariffs on most consumer and industrial goods.
- The pact aims to strengthen ties as the EU pivots away from reliance on the US and China.
