Peter Levell

Peter Levell, Deputy Research Director at the Institute for Fiscal Studies and a trade economics expert, joins the discussion on the role of tariffs. They explore tariffs as a tax on imports, examining their implications under recent trade policies and their diminishing role in revenue generation. The conversation touches on the complicated trade relationship between the UK and EU, the historical contexts of tariffs, and the balancing act between protecting domestic industries and the benefits of global trade.