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The World in Brief from The Economist

Trump threatens Russia with tariffs; EU warns of trade war fall-out, and more

The World in Brief from The Economist

The Economist

Daily News, Global News, News, News & Politics

4.11.2K Ratings

🗓️ 15 July 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Donald Trump said America would impose “very severe tariffs” on Russia if it does not agree to a peace deal with Ukraine within 50 days.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.1

If you're already an Economist subscriber,

0:22.6

visit Economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.2

This is the world in brief from The Economist.

0:41.4

Our top stories

0:43.3

Donald Trump said America would impose very severe tariffs on Russia

0:49.0

if it does not agree to a peace deal with Ukraine within 50 days.

0:56.4

During a meeting with Mark Rutter,

1:03.8

NATO Secretary General, Mr. Trump added that the secondary levies would, quote, be at 100%, though he did not provide further details. Earlier, Mr. Trump said he would send Patriot Air

1:09.5

Defense Systems to Ukraine.

1:13.2

Maros Scepkevich, the European Union's Trade Commissioner, said trade between the EU and America

1:19.9

would be almost impossible if Mr. Trump implemented his proposed tariffs.

1:25.6

On Saturday, Donald Trump threatened a 30% levy on many EU goods entering America, starting

1:32.8

on August 1st.

1:34.6

Ursula von der Leyen, the president of the European Commission, said that the European Union

1:39.5

would not retaliate before then.

1:43.2

Israel struck southern Syria, where sectarian clashes have killed at least

1:47.6

30 people since breaking out on Sunday. Israel's defense minister, Israel Katz, said his country

1:54.7

was acting to protect Syria's Druze minority, who were fighting with Sunni Bedouin groups.

2:02.6

The value of Bitcoin rose above $120,000 for the first time, climbing by more than 10% in the

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