The News Agents Has Trump just undone the Chancellor's Spring Statement?
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Mar 27, 2025 Donald Trump's sudden 25% tariff on UK cars sends shockwaves through the British economy, raising fears of growth stagnation. As UK policymakers grapple with rising tensions and internal dissent, the potential for tax rises looms large. The podcast further delves into the chaos within Trump's circle, exploring disinformation and accountability issues. Alongside this, the dangers of leaked classified information are discussed, highlighting the impacts on U.S. military operations. Lastly, the state of press freedom globally is examined amidst increasing authoritarianism.
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Trump's Tariffs Threaten UK Growth
- Rachel Reeves's Spring Statement left minimal financial leeway.
- Donald Trump's proposed car tariffs could wipe out any projected UK economic growth.
Shift in US Trade Negotiators
- Emily Maitlis recounts a conversation with a former trade secretary.
- The former secretary highlighted the shift from Bob Lighthizer to Pete Navarro in trade negotiations, noting Navarro's controversial past.
The Maine Lobster Example
- John Sopel explains the negative impacts of tariffs using the Maine lobster as an example.
- The lobster's journey through processing in Canada due to a trade war results in a 50% price increase for American consumers.