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Inside Briefing with the Institute for Government

The Trump-Starmer trade deal: What’s the beef?

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6252 Ratings

🗓️ 9 May 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Will white smoke on two trade deals help shift the narrative for Keir Starmer after a tricky week? Peter Foster, the FT’s new world trade editor, joins the podcast team to dig into the details of breakthrough agreements with both the US and India. Perhaps a bigger win for the government would be to achieve that elusive reset with the EU. A big summit is looming. So what is on the table and is progress on the cards? Plus:  The reshuffle rumour mill is in overdrive. Who is up? Who is in? Who is out? No, we’re not talking about ministers. This time it’s the changing of the permanent secretary guard. And the IfG is watching closely.  Hannah White presents. With Jill Rutter and Alex Thomas. Produced by Simon Williams for Podmasters Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello and welcome to Inside Briefing, the podcast from the Institute for Government. I'm Hannah White.

0:14.5

A shock by election defeat, sweeping local election losses to reform, growing disquiet about the cuts to the winter fuel

0:21.6

allowance. But after a tricky week for the government, we've now had white smoke on not one,

0:25.8

but two trade deals. So will they shift a narrative for Kirstama? We'll dig into the details

0:30.8

of breakthrough agreements with both the US and India. Perhaps a bigger win for the government

0:36.0

would be to achieve that elusive reset with the

0:38.7

EU. With a big summit approaching, we'll look at what's on the table and weigh up the odds of

0:43.7

progress. And then we'll turn our attention to the big government reshuffle. The rumour mill is in

0:50.2

overdrive. Who is up? Who is in? Who is out? No, we're not talking about ministers. This time

0:54.5

it's the changing of the permanent secretary guard and the IFG is watching closely. All that to

1:00.6

come, joining me throughout are the top IFG duo of Jill Rutter and Alex Thomas. Hi both.

1:06.4

Hi, Hannah. Habamous podcast. Hi, Hannah. And I am delighted that we're joined today by Peter Foster, the newly appointed World Trade

1:15.1

Editor at the Financial Times.

1:16.6

Hi, Peter.

1:17.6

Hi, Hannah.

1:18.6

Congratulations on the new role.

1:19.6

Thank you very much.

1:20.6

Busy first week in the job.

1:22.6

It's a good start.

1:23.6

Okay, well, let's start with the present that Donald Trump has given you in your first

1:29.2

week in the job, that trade deal with the US. This has been something that's been discussed for years,

1:34.5

it feels like, and now suddenly it seems to be here. So give us your analysis. How much will win is it

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