Reuters World News
Europe rallies round Ukraine, tariffs, crypto reserve and Oscars
Mar 3, 2025
European leaders are crafting a peace plan for Ukraine amidst escalating tensions. Meanwhile, President Trump is set to impose tariffs on imports from Mexico and Canada. The podcast dives into his new initiative to create a strategic reserve of cryptocurrencies. And in a surprising turn, 'Anora' takes home five Oscars, showcased against a backdrop of minimal political commentary at the awards. The discussion also touches on cinema's struggles and the impact of the pandemic on movie attendance.
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Quick takeaways
- European leaders are forming a coalition to create a Ukraine peace plan aimed at ensuring regional stability and continued U.S. support.
- President Trump's proposed tariffs on Canada and Mexico may significantly impact American consumers and provoke retaliatory actions from trading partners.
Deep dives
Europe's Response to U.S. Policy on Ukraine
European leaders are taking proactive steps to strengthen their support for Ukraine in light of U.S. President Trump's criticisms of Ukraine's leadership. They are planning to increase defense spending and form a coalition with countries like Britain and France to create a peace plan, signaling a commitment to regional stability. This initiative aims to reassure the U.S. of Europe's readiness to shoulder more responsibility while seeking ongoing American support to deter Russian aggression. European leaders acknowledge the precariousness of the situation, emphasizing the importance of collaboration and strategic dialogue amid uncertainty in U.S. foreign policy.
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