European leaders rushed this week to come up with a new defense plan to protect Ukraine.
Without US Leadership, the split reverses decades of transatlantic cooperation.
And interestingly, some markets are loving it.
US Stocks, not so much.
This is swampnotes,
the weekly podcast from the FT News Briefing where we talk about all the things happening in US Politics.
I'm Mark Filippino, and this week we're asking, what are the costs of Trump's transatlantic divorce?
Here with me to discuss is a special guest.
He's the FT's chief foreign affairs commentator and the host of the Rockman Review podcast,
Gideon Rockman.
Hey, Gideon.
Hi.
So I want to set the scene for this thing I've just called the transatlantic divorce.
The news of the past week has been largely defense related,
but there are also the tariffs US President Donald Trump threatened Europe with.
He said that the European Union was made to, quote, screw the United States a little while ago.
Vice President J.D.
vance has criticized Europe for walking away from its values.
What does this tell us about where things are headed between these two powers?
Yeah, I mean, I think it's pretty profound.