FT News Briefing
Trump greets Starmer at White House
Feb 28, 2025
Donald Trump is actively pursuing a trade deal with the UK while addressing complex geopolitical dynamics with Prime Minister Starmer. In Brazil, Santander's new chief accounting officer faces a criminal investigation. Meanwhile, the pound is gaining strength amid positive economic data. A rapid rollout of DeepSeek's cutting-edge AI model is transforming various sectors in China, supported by government initiatives that emphasize generative AI technologies.
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Quick takeaways
- The UK and US are strengthening their trade relationship, particularly in technology, amid ongoing security discussions regarding Ukraine.
- The British pound is rebounding significantly due to improved economic indicators and reassessment of potential impacts from a Trump presidency.
Deep dives
Keir Starmer's Visit to the White House
UK Prime Minister Keir Starmer's recent visit to the White House highlights the evolving relationship between the UK and the US, particularly in terms of trade and security considerations related to Ukraine. During the meeting with President Trump, they discussed various topics including trade in technology, with Starmer emphasizing the need for a balanced US security backstop for Ukraine in the event of a ceasefire. Despite some disagreements, Starmer's push for a UK-US trade deal focusing on technology was well received, showcasing both countries' historical cooperation in this sector. However, concerns linger regarding Trump's ambiguous stance on US military support in Europe, which may impact future collaborative efforts in Ukraine.
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