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The Week: Trump’s Tariffs

9 snips
Apr 4, 2025
Gary O'Donoghue, a seasoned BBC News correspondent in Washington, joins the discussion to unpack President Trump’s tariffs and their potential effects on the UK, particularly in Northern Ireland. The team humorously navigates the complexities of international trade policies while examining public sentiment in the US. They also dive into the unconventional dynamics of UK-US trade talks post-Brexit and the political ramifications tied to immigration policies. The interplay between economic challenges and public loyalty to leaders adds an engaging twist to the conversation.
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ANECDOTE

Tariff List Trivia

  • The UK government published a 417-page list of products for potential tariffs against the US.
  • The list includes items like roller coaster parts and flip-flops.
INSIGHT

Market Impact

  • Donald Trump's tariff announcement caused significant market drops, including the FTSE's worst day since August 2024.
  • Apple shares dropped by 8% at one point.
INSIGHT

Trump's Tariff Philosophy

  • Trump's stance on tariffs has been consistent for decades, viewing them as a solution without downsides.
  • He prioritizes short-term gains due to the two-year election cycle for the House.
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