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FT News Briefing

Monday, February 25

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 25 February 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

US President Donald Trump delays the increase in tariffs on imported Chinese goods, UK Prime Minister Theresa May delays her Brexit deal vote in Parliament and ExxonMobil tries to prevent an investor proposal that would set targets for the company’s greenhouse gas emissions. Plus, the FT’s Gideon Long brings us the latest from the Venezuelan/Colombian border.

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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:10.0

Good morning.

0:11.0

From the newsroom of the Financial Times.

0:13.0

Today is Monday, February 25th, and this is your FT news briefing.

0:17.0

Today, U.S. President Trump delays the increase in tariffs on imported Chinese goods.

0:23.0

Prime Minister Theresa May delays her Brexit deal vote in Parliament.

0:27.0

An ExxonMobil tries to prevent an investor proposal that would set targets for the company's greenhouse gas emissions.

0:34.0

Then the F.T.'s Gideon Long brings us the latest from the Venezuelan-Columbian border.

0:39.2

I'm Eric Krupky, and here's the news you need to start your day.

0:50.0

U.S. President Donald Trump has announced the U.S. will delay an increase in tariffs on imports of Chinese goods. Mr. Trump had previously said that on March 1st, tariffs on 200 billion dollars of Chinese

0:55.8

imports would increase from 10% to 25%.

0:59.7

But on Sunday night, the President tweeted about the delay in imposing the extra tariffs following

1:04.1

substantial progress in weekend trade talks.

1:07.3

He added quote, assuming both sides make additional progress, we will be planning a summit

1:12.1

for president she and myself at Maralago to

1:15.2

conclude an agreement, a very good weekend for U.S. and China.

1:19.6

Mr. Trump didn't provide any further details on a potential future deadline for the tariffs

1:23.7

increase. The move marks the latest sign that Mr. Trump is keen to reach a deal with

1:28.4

China and to avoid any further disruption to the US economy as he heads into his re-election bid.

1:34.9

But it remains far from clear whether Mr. Trump will be able to secure enough concessions

1:39.0

from China on industrial subsidies, the protection of intellectual property, and the end of regulatory

...

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