Swamp Notes: Trump’s transatlantic divorce
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 8 March 2025
⏱️ 14 minutes
🧾️ Download transcript
Summary
European leaders met twice this week to discuss a plan to protect Ukraine — without US leadership. The rift between Brussels and Washington has grown as US president Donald Trump paused military aid to Ukraine and stopped intelligence sharing. As Germany and the EU discuss a new set of defence stimulus plans, special guest Gideon Rachman, the FT’s chief foreign policy commentator, is on to discuss possible outcomes.
Mentioned in this podcast:
Trump is sowing the seeds of an anti-American alliance
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Swamp Notes is produced by Katya Kumkova. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas, |
| 0:07.0 | 15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested |
| 0:14.1 | 20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power |
| 0:20.0 | 750,000 homes, and we expect this to grow to |
| 0:23.3 | over 7 million UK households. We're an energy company searching for better. Equinor.com.uk |
| 0:29.0 | UK. |
| 0:31.6 | European leaders rushed this week to come up with a new defence plan to protect Ukraine without |
| 0:37.1 | US leadership. |
| 0:38.7 | The split reverses decades of transatlantic cooperation, and interestingly, some markets |
| 0:44.7 | are loving it. U.S. stocks, not so much. |
| 0:53.1 | This is Swamp Notes, the weekly podcast from the FT News briefing, where we talk about all the things happening in U.S. politics. |
| 0:58.8 | I'm Mark Filipino, and this week we're asking, what are the costs of Trump's transatlantic divorce? |
| 1:05.1 | Here with me to discuss is a special guest. |
| 1:07.2 | He's the F.T.'s chief foreign affairs commentator and the host of the Rockman Review podcast, Gideon Rockman. |
| 1:12.5 | Hey, Gideon. |
| 1:13.3 | Hi. |
| 1:14.3 | So I want to set the scene for this thing. I've just called the transatlantic divorce. |
| 1:19.0 | The news of the past week has been largely defense-related, but there are also the tariffs |
| 1:23.6 | U.S. President Donald Trump threatened Europe with. |
| 1:26.0 | He said that the European Union was made to, quote, |
| 1:28.9 | screw the United States a little while ago. Vice President J.D. Vance has criticized Europe for walking |
| 1:34.5 | away from its values. What does this tell us about where things are headed between these two powers? |
... |
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