logo
episode-header-image
Jul 10
7m 18s

Global copper market weighs Trump tariff...

Financial Times
About this episode

The UK and France have pledged for the first time to co-ordinate the use of their nuclear weapons, and the copper markets are reeling from US President Donald Trump’s threat to impose 50 per cent tariffs on the metal. Plus, Nvidia has hit a record market capitalisation at $4tn.


Mentioned in this podcast:

UK and France vow to co-ordinate nuclear deterrence for first time

Global copper market weighs impact of Donald Trump tariff threat

Nvidia becomes first company to reach $4tn in market value

Send your US politics questions to marc.filippino@ft.com 

Subscribe to the Swamp Notes podcast


Note: An earlier version of this episode contained a segment with several factual errors about the composition of Canada's energy sector. That segment has since been removed from the show.


Today’s FT News Briefing was produced by Sonja Hutson, Katya Kumcova, and Marc Filippino. Additional help from Blake Maples, Michael Lello and David da Silva. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music. 


Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 22
The return of ‘pump and dump’ stock scams
EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. Mentioned in this p ... Show More
11m 4s
Aug 21
Can Target get its ‘swagger’ back?
Chinese regulators are pushing back against US AI chips, Target shares fell more than 6 per cent after the retail group picked an insider to be its new chief executive, and UK inflation accelerated more than expected to 3.8 per cent in July. Plus, China is making a big push for v ... Show More
11m 36s
Aug 20
What to expect from Jay Powell’s Jackson Hole speech
US tech stocks sold off on Tuesday, and Federal Reserve chair Jay Powell will be between a rock and a hard place when he delivers his speech at the Jackson Hole Economic Policy Symposium this Friday. Plus, Ozempic-maker Novo Nordisk has fallen behind its rivals. Does it have a pl ... Show More
11m 19s
Recommended Episodes
Feb 2025
Making sense of Trump's tariffs. With Dani Rodrik
Tariffs have historically been an important tool of industrial policy. They were used in the last century by east Asian nations to promote infant industries, and are being used today by the EU to help spur the energy transition. But do Donald Trump’s threats to impose a 25% acros ... Show More
36m 17s
Aug 11
Introducing the Rachman Review: Is the US heading for a debt crisis?
This week on the Economics Show, we're bringing you an interview with Ray Dalio, from our foreign affairs podcast, the Rachman Review. It originally broadcast on July 3.Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a ne ... Show More
24m 3s
Aug 8
Introducing Swamp Notes: The real cost of gutting USAID
Political Fix is on a break this week. In its absence, we're taking the opportunity to introduce you to its sister podcast, Swamp Notes, the weekly US politics podcast from the Financial Times. Six months after the Trump administration gutted the US Agency for International Devel ... Show More
19m 4s
Jul 10
Trump Threatens 50% Tariffs on Brazil
A.M. Edition for July 10. President Trump justifies a new tariff threat on Brazilian goods by citing the country’s ‘witch-hunt’ against former Brazilian president Jair Bolsonaro and legal action taken against U.S. tech firms. WSJ reporter Gavin Bade breaks down the economic and l ... Show More
12m 37s
Feb 2025
Thy neighbours, beggared: Trump’s opening tariffs
President Donald Trump followed through on his tariff threats, starting with Canada, Mexico and China. We look at the first skirmishes in what promises to be a painful trade war (10:30). A Concorde-style supersonic passenger jet could soon be flying again, if one company gets its ... Show More
21m 55s
Apr 2025
Are US tariffs just the beginning? With Abraham Newman
As Donald Trump declares a trade war on the rest of the world, it’s time to learn about a field of economic research known as “weaponised interdependence”. The bad news is that the US president’s weapon of choice – imposing tariffs on goods imports – is a fairly outdated tool of ... Show More
31m 33s
Feb 2025
UPDATE: EU Will Impose 'Countermeasures' Against Trump Tariffs
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Union says it will respond to any tariffs the US might impose on it. The warning comes after President Trump pushed forward with his pledge to place a 25% tariff on all US s ... Show More
20m 27s
Mar 2025
Elbows Up: Canada’s Response to Trump’s Trade War
A gloves-off trade war with the United States is uniting Canadians against their southern neighbor.Matina Stevis-Gridneff, the Canada bureau chief for The New York Times, explains how the dispute is shifting the country’s politics, culture and place on the global stage.Guest: Mat ... Show More
26m 58s
Jul 8
Copper Prices Hit Record High as Trump Unveils 50% Tariffs
P.M. Edition for July 8. During a cabinet meeting today, President Trump announced a 50% tariff on copper and threatened the European Union with steep tariffs if it doesn't reach a trade deal with the U.S. WSJ reporter Kim Mackrael says the EU’s member states are split as to how ... Show More
13m 23s