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European countries are considering how to take on greater responsibilities for the continent’s defence, the UK and the US are negotiating a trade deal to avoid tariffs, and has the Federal Reserve stopped leading the way on global monetary policy?

Mentioned in this podcast:

European military powers work on 5-10 year plan to replace US in Nato

UK races to avoid worst of Trump tariffs with talks on tech tax

UK races to avoid Trump tariffs

FT News Briefing