HomeBusiness and FinanceUS president promises 'the big one' on trade with reciprocal tariffs

US president promises ‘the big one’ on trade with reciprocal tariffs

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European officials fear they will have to bear the cost of postwar security and reconstruction as they reel from being cut out of US-Russia peace negotiations on Ukraine.

Donald Trump said on Wednesday, after talking to Russian President Vladimir Putin, that their delegations would โ€œstart negotiations immediatelyโ€ to end the war, blindsiding European capitals.

More than half a dozen senior European officials told the Financial Times they expected the US president to tell them they must pay for Ukrainian reconstruction and deploy troops there to maintain a peace deal in which they would not be involved.

โ€œThe Americans donโ€™t see a role for Europe in the big geopolitical questions related to the war. Itโ€™s going to be a real test of unity,โ€ said one senior EU official.

Read more here.

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