FT News Briefing
Trump excludes Europe from Ukraine peace talks
Feb 13, 2025
European officials express alarm over being sidelined in crucial U.S.-Russia peace negotiations regarding Ukraine. Meanwhile, U.S. inflation sees an unexpected rise to 3%, complicating economic outlooks. The semiconductor race heats up as China's memory chip producer, CXMT, rapidly climbs the market ranks, threatening South Korea's dominance in the field. The impact of U.S. export controls on advanced technologies is dissected, revealing potential shifts in global competition. A fascinating look at geopolitics and economic dynamics!
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Quick takeaways
- European officials express concern over Trump's exclusion of their input in Ukraine peace negotiations while they face potential financial burdens for reconstruction.
- China's CXMT is rapidly expanding its memory chip market share, challenging South Korean dominance despite U.S. export controls affecting its high-end production capabilities.
Deep dives
Europe's Concerns Over Ukraine Peace Negotiations
European countries are grappling with uncertainty regarding U.S. President Trump's approach to a peace deal between Ukraine and Russia, especially as the Munich Security Conference approaches. There is a pervasive fear that Europe might be expected to finance the reconstruction efforts in Ukraine while having minimal input into the negotiations. This situation is exacerbated by the prospect of Trump presenting a finalized deal to European leaders, leaving them in a position where they must agree to terms negotiated without their involvement. The concern extends to the potential deployment of European troops to uphold such agreements, raising significant questions about Europe's reliance on the U.S. for future security guarantees.
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