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What We’re Watching: EU vs Ukraine, South Korea-US side deals

German Chancellor Friedrich Merz, French President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy, British Prime Minister Keir Starmer and Poland's Prime Minister Donald Tusk walk to the podium at the Presidential Palace in Kyiv, Ukraine, for a press conference after their meeting on May 10, 2025.

German Chancellor Friedrich Merz, French President Emmanuel Macron, Ukrainian President Volodymyr Zelenskyy, British Prime Minister Keir Starmer and Poland's Prime Minister Donald Tusk walk to the podium at the Presidential Palace in Kyiv, Ukraine, for a press conference after their meeting on May 10, 2025.

Kyodo via Reuters Connect
By Willis Sparks,
Willis Sparks
Willis Sparks is a senior editor for GZERO Daily. He is also a Director in the Global Macro practice at Eurasia Group, where he has worked since 2005. He has made speeches on international politics on every continent except Antarctica. Willis holds degrees from Brown University, the Juilliard School, Columbia University's School of International and Public Affairs, and the Institut d'Etudes Politiques in Paris. He also holds an honorary degree from the Moscow Art Theatre School. A native of Macon, Georgia, Willis has worked as a stuntman at New York's Metropolitan Opera. As a child, he declined an opportunity to spend an afternoon riding the Great American Scream Machine, a rollercoaster, with Ronald McDonald, for money. He has never regretted that decision.
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Zac Weisz
Zac Weisz
Zac reports on global affairs, covering everything from battles between judicial branches and political leaders, to conflicts in Africa, Europe, and the Middle East. With the Trump administration keen to alter the world order, though, there’s a heavy emphasis right now on US politics – an area with which he is intimately familiar. Prior to joining GZERO, Zac was a senior national politics correspondent at National Journal, where he covered the 2024 presidential election from its inception to the dramatic finish, as well as major congressional actions during the Biden administration. Prior to journalism, Zac worked as an economic analyst for Oxford Economics, calculating the impact of various tax policies, and of Britain’s exit from the European Union. Born in London, he currently resides in New York City, where you can find him playing football (the original version) or watching it on television while attempting to cook up a storm.
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May 14, 2025
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EU vs Ukraine?

Ukraine now finds itself on shakier ground with EU members. At a time when its wartime economy badly needs a boost, the bloc will impose higher tariffs on Ukraine’s exports, particularly farm products, on June 6 in response to pressure from member-state farmers. It’s a politically sensitive moment, particularly in Poland, which holds first-round elections on Sunday.

It’s a reminder that, while Russia’s invasion and uncertainty over Donald Trump’s NATO intentions have focused European minds on security, they’ve also stoked anxiety within the EU about which countries will shoulder more of the burden of defending Ukraine and European borders.

Kyiv had another setback this week: Russian President Vladimir Putin won’t attend peace talks with the Ukrainians in Istanbul Thursday, despite calls to do so from Ukrainian President Volodymyr Zelensky.

South Korea seeks US side deal as Asia-Pacific trade leaders meet

Trade envoys from the 21-member Asia-Pacific Economic Cooperation group – which includes the US, China, and Russia – are gathering in South Korea today and tomorrow amid a turbulent period in international trade.

Home-court advantage. With talks on home turf, South Korea has taken the opportunity to set up a bilateral meeting with the US. But Korea’s presidential election on June 3 – which Democratic Party nominee Lee Jae-myung is expected to win – could affect the chances of a deal.

“July 8 is the deadline that current negotiators have set,” says Eurasia Group regional expert Jeremy Chan. “The question is whether Lee will agree with this time frame.”
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