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Politics Weekly UK

Trump explodes the world economy: what should the UK do? – Politics Weekly UK

Politics Weekly UK

The Guardian

News, Politics

4.11.3K Ratings

🗓️ 3 April 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

After weeks of cosying up to Donald Trump, the UK has still been hit with 10% tariffs on exports to the US, which is bad news for the economy and the public finances. So, how tough could things get for Britain? And how should Keir Starmer’s government respond? John Harris asks the former UK ambassador to the US Kim Darroch and the Guardian columnist Polly Toynbee. Send your questions and feedback to [email protected]. Help support our independent journalism at theguardian.com/politicspod

Transcript

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0:00.0

This is The Guardian.

0:09.0

It's the morning after all the fun and frolics of Liberation Day.

0:13.5

The United States will implement reciprocal tariffs on other nations.

0:18.5

The United Kingdom, 10%.

0:20.1

Aside from 25% tariffs on the UK car industry,

0:24.7

Britain got away with 10%,

0:26.4

which still looks like bad news for the economy

0:29.1

and the public finances.

0:30.7

Clearly, there will be an economic impact

0:33.5

from the decisions that the US has taken,

0:37.1

both here and globally.

0:39.7

Worse still, we know that Trump tends to change his mind in very unpredictable ways.

0:44.7

So now that he's upended the world economy, what might happen next?

0:48.9

I'm John Harris and you're listening to Politics Week, the UK UK for The Guardian.

1:03.0

For the first half of today's episode, I'm joined by a very esteemed guest, Kim Darrock,

1:09.6

the former UK ambassador to the US. Hello. Hello. Thank you for joining us. Now, if we're talking about Donald Trump's relationship with the UK, you clearly have

1:14.3

quite a fascinating personal history on that score.

1:17.0

You were ambassador to the US during Trump's first term in office, and you found yourself

1:21.6

in the midst of pretty spectacular controversy.

1:25.1

In July 2019, something you had sent to the British government was leaked,

1:30.4

a memo in which you described Trump's government as dysfunctional, inept and divided.

1:36.1

Donald Trump responded to those memos by promising he would no longer deal with you,

...

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