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Show Notes
<div>Trump’s levies have kicked in today: including an astonishing 102 per cent tariff on China – after it missed the deadline to withdraw its retaliatory tariffs – and 20 per cent on the European Union. The combination of these explosive tariffs has sent markets sliding once again. This follows a slight recovery in the markets yesterday after suggestions by some in the Trump administration that they may be willing to negotiate the tariffs down.<br><br>In the UK, the economic uncertainty has ‘turbocharged’ plans which have been whispered around Westminster for some time, including nationalising the British steel industry. Attention has also turned towards a trade deal with the US, and the complexion that might take in a post-tariff landscape and in the context of the EU reset. There is hope in government that a deal could be done in the next month. Are the tariffs forcing the government into action? How does Starmer keep both the EU and the US on side?<br><br>Oscar Edmondson speaks to Katy Balls and Shanker Singham, CEO of Competere and a former trade adviser to the UK government.<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>
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