Swamp Notes: Europe in the age of America First
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 14 December 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
Europe has been able to predictably lean on the US for decades. But Donald Trump used tariffs and other economic threats to test those assumptions in his first term, and he looks set to do so again. The FT’s EU correspondent Andy Bounds and US climate correspondent Aime Williams join to discuss how the EU is preparing (again) for a more confrontational America.
Mentioned in this podcast:
EU strikes blockbuster trade deal with Mercosur
EU commissioner pitches ‘Europe first’ in response to Donald Trump
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Questions about US politics for next week’s Swamp Notes? Email them to ethan.plotkin@ft.com.
Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | Echranor.com.uk. |
| 0:30.3 | Before we start the show today, I wanted to let you know that we're doing a listener Q&A on next Saturday's episode. |
| 0:37.1 | So if you have any burning questions about |
| 0:39.9 | the 2024 election or Donald Trump's second term, send them to our producer at |
| 0:45.5 | Ethan.plotkin at Ft.com. We'll also have his info in the show notes. |
| 0:56.0 | Donald Trump's first term as president sent shockwaves through Europe. |
| 1:00.8 | The EU got hit with all kinds of tariffs, and Brussels was not happy about it. |
| 1:06.8 | Now that Trump is headed back to the White House, the block is bracing for some unpleasant deja vu. |
| 1:19.1 | This is Swamp Notes, the weekly podcast from the FT News briefing, where we talk about all of the things happening in U.S. politics. |
| 1:27.0 | I'm Sonia Hudson. And this week we're |
| 1:29.5 | asking, what does America First mean for Europe? Here with me to discuss is Andy Bounds. He covers |
| 1:36.1 | the European Union for the F.T. Hi, Andy. Hi, Sonia. And we've also got the FTs Amy Williams. She |
| 1:43.0 | covers U.S. climate and trade policy. Hi, Amy. |
... |
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