Trump’s tariffs: Is Starmer right to ‘keep calm and carry on’?
Political Currency
Persephonica
4 • 855 Ratings
🗓️ 3 April 2025
⏱️ 65 minutes
🧾️ Download transcript
Summary
In the wake of Donald Trump’s ‘Liberation Day’, Ed Balls and George Osborne break down the economic thinking – or lack thereof – behind President’s tariffs. Rather than the numbers emerging from complicated analysis, Ed explains how they are merely reached through a simple formula. Will the Federal Reserve be able to cut interest rates as quickly as Trump would like in the wake of his tariffs?
Back home, Keir Starmer is calling for calm and resisting a push to reciprocate, as he seeks to strike an ‘economic prosperity deal’ with the US. Is a wider security concern at play here?
And on the other side of the globe, Australians are preparing for a federal election, called by Prime Minister Anthony Albanese for May 3rd. It’s currently looking like a neck and neck contest. Peter Dutton, his Liberal Party opponent, has previously made Elon Musk-like noises, creating his very own shadow ministry for government efficiency… But at a time when Musk might be finding himself out of favour, is this a wise way for Dutton to position himself?
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Technical Producer: Danny Pape
Producers: Miriam Hall and Jarek Żaba
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Transcript
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| 0:00.0 | This podcast is brought to you by Spec Savers Home Visits. |
| 0:03.2 | You know, politics might divide us, but good vision is something we can all agree on, |
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| 1:24.1 | But right now, around 1.5 million households across the UK are waiting for social |
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| 1:32.9 | entire childhood. And that has real consequences, poorer health, lower wages and fewer opportunities. |
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