The Rest Is Money
160. Trump Turmoil: The Latest Act Of Self-Harm
Apr 16, 2025
The hosts delve into Trump's latest trade moves, including tariffs on rare earth minerals and restrictions on Nvidia chips, raising concerns about self-harm to the U.S. economy. They explore the UK's challenging path to net zero and its impacts on local industries, questioning government investment strategies. The conversation also highlights the importance of supporting British innovation and investment, particularly in growing tech sectors, amid fears that outdated policies could hinder progress and competitiveness.
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Quick takeaways
- Trump's export restrictions on technology firms like NVIDIA are viewed as a strategic measure to limit China's competitive edge in high-tech industries.
- The UK faces challenges balancing its net zero goals with economic competitiveness, highlighting the need for strategic investments to protect traditional job sectors.
Deep dives
Monzo Business Partnership
Monzo Business is highlighted as a strong option for small business banking in the UK, offering three distinct plans tailored to the size and needs of different enterprises. The Pro version includes tools for streamlining financial management, making it suitable for small teams, while the Light plan caters specifically to sole traders. The podcast urges listeners to consider signing up, noting that Monzo already serves over 500,000 businesses, emphasizing its growing reputation. Special attention is drawn to the ease of use of Monzo's services, reflecting the needs of modern business operations.
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