A big bad week for money
Daily Politics from the New Statesman · The New Statesman
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Thanks to Donald Trump and his dodgy formula, last week tariffs were applied to countries all over the world. Consequently, the stock markets had their worst downturn since the pandemic. And economists warned of a weakened dollar, trade wars, and global recession.
The White House denied for days that the US would back down on the tariffs. Until yesterday, when Trump pressed pause on higher tariff rates, with a few notable exceptions.
To unpack what on earth is going on in Washington and around the world Rachel Cunliffe is joined by business editor and Will Dunn and US correspondent Freddie Hayward.
Sign up to the New Statesman's daily politics newsletter: Morning Call
Submit a question for a future episode: You Ask Us
LISTEN AD-FREE:
📱Download the New Statesman app
MORE FROM THE NEW STATESMAN:
❓ Ask a question – we answer them every Friday
⏰ Get our daily politics newsletter every morning
✍️ Enjoy the best of our writing via email every Saturday
Hosted on Acast. See acast.com/privacy for more information.