The Spectator magazine is home to wonderful writing, insightful analysis and unrivaled books and

arts reviews. Subscribe today for just £12 and receive a 12 week subscription in print and online.

Alongside that, you get a £20, John Lewis or Waitrose voucher. Go to spectator.com.uk

forward slash voucher.

Hello. Go to spectator.co.uk forward slash voucher. Hello and welcome to Coffeehouse Shots.

I'm Lucy Dunn and today I'm joined by James Heel and Michael Simmons.

On Thursday afternoon, Prime Minister Keir Starmar gave a speech on the long-awaited

UK-U-S trade deal.

Not that his announcement went without a hitchover after first directing

lobby journalists to the wrong Jaguar Land Rover factory in Coventry, Starmer then has

his line light stolen by the election of Pope Leo. Nevertheless, Starmer and his aides are

celebrating the trade agreement as a historic one. So Michael, is this a good deal for both countries,

as President Trump has claimed, or does the US still have the upper hand? Look, I think it's a good deal for both countries, as President Trump has claimed, or does the US still have the upper

hand? Look, I think it's a good deal for both countries. I know people are making this point that

it's still worse than the start of the year if you look at tariffs because essentially US tariffs

are going down versus what they were, and because he's keeping this blanket 10% on UK,

ours are going up. But I think although that's how it's being perceived, that's not how you should

look at this. I mean, these tariffs are attacks on American citizens. So I think, you know,

the fact that the wins we're getting on cars, the fact that we're going to be able to

import more goods, which results in cheaper prices for British consumer, I think it's good

for both of us. That said, I wouldn't overstate its impact. I mean, these things are

pretty small. We were just talking before coming on air about looking for

...