4.2 • 804 Ratings
🗓️ 7 May 2025
⏱️ 29 minutes
🧾️ Download transcript
US Trade tariffs, stock market ups and downs, economic uncertainty. What do they all mean for your money?
Since last Wednesday, when Donald Trump announced huge increases in tariffs for goods being imported by the USA, global stock markets have been in turmoil. Money Box Live is discussing what these events might mean for your personal finances, over the short, medium, and longer term.
Felicity Hannah is joined by Russ Mould of AJ Bell, and Kirsty Stone of The Private Office. And they'll be taking questions from listeners.
Presenter: Felicity Hannah Reporter: Eimear Devlin Producer: Neil Morrow Editor: Jess Quayle
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0:00.0 | Before you listen to this BBC podcast, I'd like to introduce myself. |
0:03.7 | My name's Stevie Middleton and I'm a BBC Commissioner for a load of sport podcasts. |
0:08.4 | I'm lucky to do that at the BBC because I get to work with leading journalists, experienced |
0:12.2 | pundits and the biggest sports stars. |
0:14.3 | Together we bring you untold stories and fascinating insights straight from the player's mouths. |
0:19.1 | But the best thing about doing this at the BBC |
0:21.6 | is a unique access to the sporting world. What that means is that we can bring you podcasts that |
0:27.3 | create a real connection to dedicated sports fans across the UK. So if you like this podcast, |
0:33.0 | head over to BBC Sounds where you'll find plenty more. Hello, what does the global uncertainty mean for your finances? |
0:40.0 | That's what we're asking in today's Moneybox Live podcast. |
0:43.3 | It has been a busy week, and it's not over yet. |
0:46.7 | Donald Trump's explosive tariffs, that's his word, |
0:50.1 | have now come into force on what he considers to be |
0:52.5 | the worst offending countries for mutual trade. |
0:56.0 | So on Moneybox Live, we're answering your questions, not on tariffs and trade, |
1:00.9 | but on what they mean for your bills and your bank balance, and of course, on your investments. |
1:06.1 | It's a sunny day here in Solford, but that doesn't mean people aren't anxious about the gathering economic |
1:11.7 | clouds. Moneybox Live reporter Emma Devlin has been out asking people if they're worried and what |
1:17.0 | about? I know that I have money in pensions from previous jobs. So now it's kind of making me think |
1:23.9 | maybe I should look into that a little bit more. These are really uncertain times, I would say. |
1:29.2 | So you would see prices really fluctuate a lot. |
1:32.1 | I think my biggest question is probably how inflator the prices will get. |
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