Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing
Podcast Image

Bloomberg News Now

Starmer’s US-China Tightrope, 25% South Korea Tariff, More

27 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 4.378 Stephen Carroll

News when you want it with Bloomberg News Now. I'm Stephen Carroll.

0

4.578 - 5.78 Caroline Hepka

And I'm Caroline Hepke.

0

6.1 - 22.545 Stephen Carroll

The British Prime Minister Keir Starmer has told Bloomberg the UK doesn't have to choose between the United States and China. The Labour leader will head to Beijing later as he seeks to court closer relations with the world's second largest economy while not drawing the ire of the US President.

0

22.525 - 31.459 Stephen Carroll

In an exclusive interview with our UK political editor Alex Wickham, Starmer discussed what he sees as significant opportunities for British businesses in China.

0

Chapter 2: What is Keir Starmer's stance on US-China relations?

31.84 - 34.364 Stephen Carroll

With more, here's Bloomberg's Chris Pitt.

0

34.384 - 53.659 Chris Pitt

Starmer's trip to China is the first by a British Prime Minister in eight years. And it comes just days after his Canadian counterpart Mark Carney was threatened with 100% tariffs by President Trump following his own trip to Beijing. But Starmer insists he can meet China's President Xi Jinping without angering the White House.

0

54.181 - 79.634 Chris Pitt

Speaking to Bloomberg, he said, Reflecting on a week of turbulent diplomacy with the US... Starmer indicated that the UK will now have to forge closer military links with the EU, as he pointed to what he described as a mature relationship with the US President, adding that the UK navigated last week's challenges with pragmatism and common sense.

0

Chapter 3: What opportunities does Starmer see for British businesses in China?

80.195 - 82.62 Chris Pitt

In London, Chris Pitt, Bloomberg Radio.

0

83.444 - 94.247 Caroline Hepka

In that interview, the Prime Minister also hit back at talk of a challenge to his leadership, saying he has a personal mandate for change. Bloomberg's Ewan Potts has more.

0

94.531 - 106.07 Ewan Potts

Keir Starmer says he was elected in 2024 with a landslide majority to deliver change for the country. Speaking in our Downing Street interview, the Prime Minister made clear he has a personal five-year mandate.

0

106.651 - 127.317 Ewan Potts

Despite some recent polls putting Labour behind the Conservatives as well as Reform UK, Starmer told us he'll be judged at the end of that period on the issues that matter to working people. The Prime Minister's comments to Bloomberg come as the BBC reports around 50 Labour MPs have signed a letter objecting to the decision blocking Manchester Mayor Andy Burnham for standing for Parliament.

0

127.939 - 129.904 Ewan Potts

In London, I'm Ewan Potts, Bloomberg Radio.

130.863 - 148.703 Stephen Carroll

The US president has threatened to raise tariffs on South Korean goods to 25%. In a social media post, Donald Trump said the country's lawmakers had not lived up to the deal they agreed to. And the new rate would apply to autos, lumber, pharmaceutical and other products. With more, here's Bloomberg's White House correspondent, Josh Wingrove.

148.902 - 158.794 Unknown

He's essentially ripping up, or at least for now, the deal and saying that's because the Koreans are slow walking it. I should note that there were a lot of question marks, including from what the American position was about this deal.

158.974 - 170.387 Unknown

And so this is another case for countries that are looking at this, including the EU and the UK that had their deals and then saw the Greenland tariff threat come in. The Trump's deals aren't necessarily locked in.

170.452 - 181.303 Stephen Carroll

Bloomberg's Josh Wingrove speaking there as South Korea's government said it hasn't yet received any formal notification or detailed explanation from the US regarding Trump's post on Truth Social.

Comments

There are no comments yet.

Please log in to write the first comment.