Hello, I'm Andrew Palmer, the Business Affairs Editor of The Economist.

Welcome to Money Talks.

Coming up on the programme, can inequality cause mental health problems?

Societies that are more unequal increase the grip that class and status have on us,

increasing our anxieties about those things and leading to a range of different mental health problems.

And the fashionable business model of renting clothes.

Instead of buying, you can rent them, then just ship them back back you don't have to clean them or

wash them you just put them in the bag ship them back and they will return a new

batch. But first President Trump has imposed tariffs on steel and aluminium imports from its allies.

But the European Union, Canada and Mexico aren't taking the bullying lying down.

All of them have already announced they will retaliate in some form. So how

should they stand up to a trade war bully?

So Mayor Keynes, the Economist's Trade Guru joins me from Washington, D.C. So Mayor

High. Hello. President Trump has imposed these

tariffs. That in itself was not massively unexpected right? He was he was

operating to a to a deadline. Yes so June 1st was the deadline that he claimed you know

countries had to negotiate a deal with him before that deadline if they wanted to

avoid trade restrictions.

So overall it wasn't that surprising

that he hit the Eumes, the European Union

was expecting that they were going to be caught up.

What was surprising in the days leading up to it is that Canada

...