The Rest Is Money
158. Trump Turmoil: Starmer Takes Action
Apr 14, 2025
A major shift in the UK's industrial policy unfolds as the government nationalizes British Steel in response to economic pressures and Trump's tariff confusion. The discussion highlights the urgent need for a coherent strategy to support manufacturing and elevate living standards. Rising energy costs and an over-reliance on Chinese solar panels are examined, alongside how Trump's tariffs could potentially hike prices for American tech products like the iPhone. The complexities of international trade and the future of consumer electronics are also explored.
34:08
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Quick takeaways
- The UK government's decision to save British Steel signifies a crucial shift towards prioritizing national economic security in response to Trump's trade policies.
- Investors are urged to adopt a more patriotic outlook as global economic structures are redefined amidst rising political tensions and supply chain concerns.
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