FT News Briefing Trump greets Starmer at White House
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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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Starmer and Trump Discuss Ukraine Security
- UK Prime Minister Keir Starmer met with US President Donald Trump to discuss trade, the economy, and security.
- A key disagreement arose regarding the US's role in providing a security backstop in Ukraine.
Differing Views on UK-US Military Cooperation
- Trump suggested the British don't need much help in Ukraine, while Starmer emphasized the importance of the UK-US alliance.
- Trump's focus on economic interests in Ukraine doesn't reassure European leaders enough to deploy troops.
UK-US Trade Deal in Progress
- A UK-US trade deal focusing on technology is in the works, potentially with tariff carve-outs for Britain.
- The deal aims to leverage past tech collaboration and avoid over-regulation, contrasting with the EU's approach.