Trump Says China Deal 'Possible', Leaders Vouch for Zelenskiy & Half UK Expects Economy To Worsen

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump said it would be possible to reach a fresh trade deal with China, signaling he is open to heading off a brewing trade fight between Washington and Beijing. (2) The European Union is ready to discuss cutting tariffs on autos and other goods as it seeks to head off a trade war with the US, the bloc’s top trade official said Wednesday in Washington. (3) Keir Starmer repeated his support for Volodymyr Zelenskiy in a call with the Ukrainian president on Wednesday, hours after US President Donald Trump branded him a “dictator.” (4) South Africa President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as skewed in favor of the West. (5) The European Central Bank will soon have to discuss taking a break, or ending altogether, its campaign of interest-rate reductions, Executive Board member Isabel Schnabel told the Financial Times. (6) Confidence among UK households slipped to a new low under the Labour government, as consumers brace for higher prices and businesses warn of a hiring hit from rising payroll taxes See omnystudio.com/listener for privacy information.