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Best of the Spectator

Americano: Trump's tariffs – madman or mastermind?

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 4 April 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

President Donald Trump has announced sweeping new tariffs, including a 10 per cent duty on all UK exports to the United States, as part of his 'Reciprocal Tariffs' plan aimed at addressing trade imbalances and bolstering American manufacturing. This move is expected to impact approximately £60 billion worth of UK exports, with sectors such as automotive and Scotch whisky facing significant challenges. The UK government, while relieved to have avoided higher tariffs imposed on other nations, is now navigating the potential economic repercussions and exploring avenues for negotiation. ​

Freddy Gray speaks with William Clouston, leader of the Social Democratic Party (SDP), to analyse the implications of Trump's tariff announcement on the UK economy.

Transcript

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0:00.0

Before we get started, dear Americano listeners, I would like to bring your attention to the next

0:06.4

Americano Live event. The last one was a huge success, and we anticipate this one will be as big,

0:13.0

if not bigger, to get all Trumpy about it. It's Americano Live's Trump's first 100 days.

0:20.2

I will be hosting it, and I will be joined by the great Lionel Shriver.

0:24.7

We will be talking about all things Trump. There's a hell of a lot to cover, but we'll do our best to cover the lot.

0:31.4

Do join us. It's at the Emanuel Centre on Wednesday, the 30th of April. And and the discussion according to the blurb here the

0:39.8

discussion starts at 730pm book your tickets at spectator.co.uk forward slash Shriver

0:48.2

which is spelled S-H-R-I-V-E-R as I'm sure you already knew. Please come.

1:00.8

Hello and welcome to the Americano podcast, a series of discussions about American politics, power and prejudices.

1:10.2

It is 2025 and Donald Trump is president once again of the

1:15.4

United States. We will, of course, be following the moves of the Donald and his second administration

1:21.4

very closely. However, it won't just be politics for us this year. We'll also talk a lot and cover American culture, life and the arts.

1:31.9

I should also remind you, because my producer Natasha will not let me hear the end of it,

1:36.8

that we are on Spectator TV.

1:39.5

So head to our YouTube channel to watch that.

1:44.6

We're going to be talking today about Liberation Day, which was yesterday.

1:49.9

That is the day that Donald Trump went into the Rose Garden of the White House with his board,

1:56.5

on which were listed various countries and the various tariffs that they charged against the

2:01.2

US and the tariffs that he, Donald Trump, would impose on them in return. He said it's quite

2:08.3

simple. What they do to us will do to them. But is it that simple? Markets are in, it's not quite

2:15.7

panic mode yet, but certainly sliding a bit this morning.

2:20.3

And the anticipation of a trade war has got investors worried everywhere.

...

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