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Trump's tariffs explained

Trump's tariffs explained

Coffee House Shots · The Spectator

April 3, 202512m 11s

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Show Notes

<div>It's the day after America 'reclaimed it's destiny', or so Donald Trump says. The President announced a raft of 'reciprocal' new tariffs from the White House rose garden, including a 10% levy on the UK which – before it comes into effect on 5th April – the government hope to negotiate down. <br><br>Other countries have come off much worse. China, for example, will experience a 34 per cent ‘discounted reciprocal tariffs’, compared to the 67 per cent Trump claims China puts on US goods. The European Union will experience 20 per cent levies, compared to the 39 per cent Trump also says is put on US goods. ‘We’re a very kind people, we’re very kind,’ the President said of Americans. But ‘not so kind when you get ripped off’. The EU says they have a 'strong plan' to retaliate, how might this jeopardise Starmer's European reset? And is the UK's lower rate a rare example of a Brexit benefit? <br><br>Oscar Edmondson speaks to Katy Balls and Freddy Gray. <br><br>Produced by Oscar Edmondson. </div><p>Become a <em>Spectator </em>subscriber today to access this podcast without adverts. Go to <a href="https://www.spectator.co.uk/follow-your-podcasts/" rel="noopener noreferrer" target="_blank">spectator.co.uk/adfree</a> to find out more.</p><br><p>For more <em>Spectator</em> podcasts, go to <a href="https://www.spectator.co.uk/podcasts/" rel="noopener noreferrer" target="_blank">spectator.co.uk/podcasts</a>.</p><br><p>Contact us: [email protected]</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>