February 28, 2025 13:30 GMT
MNI POLITICAL RISK - Zelenskyy's Make Or Break Meeting w/Trump
Daily round-up of news from the US.
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Executive summary:
- President Donald Trump endorsed a full-year stopgap spending bill to avert a government shutdown on March 15. Senate Democrats are backing away from suggestions they could use a shutdown as leverage to extract concessions from the GOP.
- Trump injected more uncertainty into his trade plans, reiterating that a 25% tariff on Mexico and Canada will indeed go into effect on March 4, after hinting on Wednesday implementation could be delayed by another month.
- Trump also announced an additional 10% tariff would be applied to Chinese imports on Tuesday and his "reciprocal" tariffs remain on track for implementation on April 2.
- A string of European leaders rejected Trump’s comments disparaging the bloc, pledging to use its ‘trade bazooka’ if required.
- UK Prime Minister Keir Starmer departed Washington without a commitment from Trump on Ukraine but with a promise to work towards a trade deal, spiking optimism in London that the UK could avoid tariffs.
- Trump softened his tone towards Ukrainian President Volodymyr Zelenskyy ahead of a potentially make-or-break bilateral meeting at the White House.
- Russian and US officials promised to continue diplomatic discussions following “substantive and businesslike” talks in Istanbul.
- Trump's hardline rhetoric towards Canada has triggered a polling recovery from outgoing Prime Minister Justin Trudeau’s Liberal Party.
- Talks are underway in Cairo on the second phase of the Gaza ceasefire deal.
- Poll of the Day: Only half of Republicans believe tariffs would be an economic boon.
Please find the full article attached below: US DAILY BRIEF
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