Trump excludes Europe from Ukraine peace talks
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 13 February 2025
⏱️ 11 minutes
🧾️ Download transcript
Summary
European officials are worried about being cut out of a US-Russia peace deal on Ukraine, and US inflation ticked up in January. Plus, China’s leading producer of memory chips is rapidly gaining global market share at the expense of South Korean competitors.
Mentioned in this podcast:
Europe blindsided by Trump on Ukraine peace talks with Russia
US inflation unexpectedly increases to 3% in January
Chinese chip champion’s ‘snowballing’ growth threatens Korean dominance
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | Good morning from the Financial Times. |
| 0:05.4 | Today is Thursday, February 13th. |
| 0:07.8 | This is your FT News briefing. |
| 0:10.3 | Europe is getting the cold shoulder when it comes to Ukraine's peace negotiations. |
| 0:15.0 | And U.S. inflation is on the upswing. |
| 0:18.4 | Plus, a Chinese chip company is eating South Korea's lunch. I'm Mark |
| 0:23.4 | Filipino and here's the news you need to start your day. |
| 0:25.6 | European countries are trying to figure out what U.S. President Donald Trump wants from a Ukraine peace deal. |
| 0:45.7 | They're hoping to get more clarity at the Munich Security Conference that starts tomorrow. |
| 0:51.2 | Here to talk about what might be in store for a peace deal is the FTs-Brussels |
| 0:54.7 | bureau chief, Henry Foy. Hi, Henry. Hi, Mark. All right, Henry, so EU countries don't actually |
| 1:00.9 | know a ton about what the Trump administration is working on in terms of a peace deal between |
| 1:05.9 | Russian President Vladimir Putin and Ukraine's president Volodymyr Zelensky. But what do they know? |
| 1:12.8 | They know that whatever is being cooked up and whatever Donald Trump is landing on is probably |
| 1:18.4 | going to have to be paid for by European capitals. And when I say paid for, Mark, what I mean is |
| 1:23.3 | putting in cash up front to pay for reconstruction, building roads, building housing, and pay for it |
| 1:29.8 | with physical humans, with troops. Donald Trump has made very clear that there will not be U.S. |
| 1:35.3 | troops in Ukraine after the war to keep the peace. Now, the real concern here is that Europe is going |
| 1:42.1 | to be asked to pay for and support a deal that they have |
| 1:45.3 | zero input into striking. And what they're very worried about is that Trump is going to |
| 1:50.7 | present it to them as a fair accompli and then go and negotiate it with Putin and possibly |
| 1:55.8 | Zelensky, but not necessarily, over the heads of Europe. Now, Trump said yesterday that he had spoken to Putin on the phone and that the two of them would |
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