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US president promises ‘the big one’ on trade with reciprocal tariffs

February 13, 2025
in Finance
Reading Time: 1 min read
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US president promises ‘the big one’ on trade with reciprocal tariffs
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European officials fear they will have to bear the cost of postwar security and reconstruction as they reel from being cut out of US-Russia peace negotiations on Ukraine.

Donald Trump said on Wednesday, after talking to Russian President Vladimir Putin, that their delegations would “start negotiations immediately” to end the war, blindsiding European capitals.

More than half a dozen senior European officials told the Financial Times they expected the US president to tell them they must pay for Ukrainian reconstruction and deploy troops there to maintain a peace deal in which they would not be involved.

“The Americans don’t see a role for Europe in the big geopolitical questions related to the war. It’s going to be a real test of unity,” said one senior EU official.

Read more here.

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