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The John Batchelor Show

EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 14 May 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

EU: JUDY DEMPSEY, SENIOR SCHOLAR, CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IN BERLIN.
1914 BRUSSELS

Transcript

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0:00.0

The weather. Tomorrow, expect a biting cold front. Hmm, how naughty. I wonder what I'll be

0:06.8

wearing or taking off. The night will be wild and untamed. Expect heavy, lashing rain

0:13.0

that'll soak you to the skin. By Monday, temperatures will rise slowly but surely reaching

0:18.7

their peak in the afternoon.

0:23.0

Not in the mood for miserable weather?

0:25.8

Fly cheaply to Turkey with Sun Express.

0:28.7

Sun Express, non-stop sunshine.

0:36.2

I'm John Batchel with my good colleague, Judy Dempsey.

0:39.3

She's in Berlin for the Carnegie Endowment for International Peace.

0:48.7

We've been discussing the war in Europe, of course, because it affects profoundly all 27 parts of the EU and NATO, the 32 parts.

0:51.3

But we come now to trade, the trade war.

0:59.4

Judy, Mr. Trump has been consistently unpredictable about trade. Now we have an announcement from the Secretary of the Treasury who is well regarded, Judy. I underline that. Very well

1:05.6

regarded, quite distinct from other parts of the cabinet who have controversy about them.

1:11.9

We have an agreement in some fashion by the Secretary of Treasury and the Premier who is in

1:19.1

charge of the Chinese economy, Mr. Liu, Fouan.

1:23.2

However, we learned from the FD this morning that there was a secret meeting between these two men three weeks ago when the IMF met in Washington. They met in the basement, intrigue, all of this, in which they inaugurated the first conversation between China and America since the inauguration.

1:45.4

All of this is just being revealed now.

1:48.1

However, over these last three weeks,

1:50.1

and really ever since April 2nd,

1:52.3

our markets have been in turmoil, so of yours, so is everybody's.

1:56.6

Is there a sense of relief in the headlines?

1:59.4

Again, I don't have the language to understand the nuance. Is there a sense of relief in the headlines? Again, I don't have the language to understand the nuance.

...

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