The Consequences of Getting on Europe’s Bad Side

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 22 February 2025

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: The US is weakening ties with its biggest ally while embracing an old enemy. Felix Salmon, Emily Peck, and Elizabeth Spiers explain how the Trump administration’s antagonization of Europe – and further alignment with Russia – could mean major economic blowback if it goes far enough. Then, rumor has it that Intel is looking to sell parts of its business off to foreign firms Broadcom and TSMC, possibly with Trump's blessing. The hosts explore the likelihood of the deal happening and the frankly confusing logic of it all. Finally, they discuss The Cut’s deep dive into the brand Quince and what makes the “one stop dupe shop” so popular. Plus, another edition of Egg Watch 2025 featuring the Wall Street of Eggs. In the Slate Plus episode: Med spas are taking over America. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix
0:17.0	Salmon of Axios. I'm here with Elizabeth Spires, with Thames. Hello. I'm here with Emily Peck of Axios.
0:23.7	Hello, hello.
0:24.5	We are going to talk about a piece I wrote for Axios about the potential cost to the US domestic
0:31.5	economy of America's pivot towards Russia and away from Europe. We are going to talk about Intel, which apparently people think might be wanting to
0:42.1	break itself up and sell itself off in pieces.
0:45.2	We are going to talk about quince, which is a smoother, more natural version of Sheehan
0:52.9	and Timu.
0:53.5	We have a Slate Plus segment on med spas.
0:59.2	We have an egg watch.
1:01.0	We have a numbers round.
1:02.9	All manner of goodies this week.
1:04.5	It's all coming up on Slate Money.
1:13.2	Ready to launch your business Get started with the commerce platform
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1:16.3	Shopify is specially designed to help you start
1:19.1	Run and grow your business
1:20.7	With easy customizable themes
1:22.7	That let you build your brand
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1:26.3	Integrated shipping solutions that
1:28.1	actually save you time from startups to scale ups online in person and on the go shopify is made for
	...

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