We Speak To Prof Joseph Stiglitz (Nobel Laureate) On The UK/US Trade Deal…
Americast
BBC
4.2 • 2.8K Ratings
🗓️ 9 May 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
As more details of the trade deal between the UK and United States emerge, we get a view from the Novel prize winning economist and author, Professor Joseph Stiglitz. He explains to Justin why the deal is a mistake for the UK, why China has a better strategy against President Trump’s tariffs, and how the UK’s deal adversely affects the rest of the world. Professor Stiglitz is a former Chief Economist at the World Bank, a former chair of the U.S. President’s Economic Council, and his most recent book The Road to Freedom: Economics and the Good Society unpicks what real economic freedom means, and how to achieve it. HOSTS: • Justin Webb, Radio 4 Presenter GUEST: Professor Joseph Stiglitz, Nobel Laureate, former chief economist at the World Bank, former chair of the council of economic Advisers and author of The Road to Freedom: Economics and the Good Society. GET IN TOUCH: • Join our online community: https://discord.gg/qSrxqNcmRB • Send us a message or voice note via WhatsApp to +44 330 123 9480 • Email [email protected] • Or use #Americast This episode was made by Grace Reeve and Purvee Pattni. The technical producer was Jack Graysmark. The series producer is Purvee Pattni. The senior news editor is Sam Bonham. If you want to be notified every time we publish a new episode, please subscribe to us on BBC Sounds by hitting the subscribe button on the app. You can now listen to Americast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Americast”. It works on most smart speakers. US Election Unspun: Sign up for Anthony’s BBC newsletter: https://www.bbc.co.uk/news/world-us-canada-68093155 Americast is part of the BBC News Podcasts family of podcasts. The team that makes Americast also makes lots of other podcasts, including The Global Story, The Today Podcast, and of course Newscast and Ukrainecast. If you enjoy Americast (and if you're reading this then you hopefully do), then we think that you will enjoy some of our other pods too. See links below. The Global Story: https://www.bbc.co.uk/sounds/brand/w13xtvsd The Today Podcast: https://www.bbc.co.uk/sounds/brand/p0gg4k6r Newscast: https://www.bbc.co.uk/sounds/series/p05299nl Ukrainecast: https://www.bbc.co.uk/sounds/brand/p0bqztzm
Transcript
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| 0:00.0 | BBC Sounds, Music, Radio, podcasts. |
| 0:04.7 | The whole world is talking tariffs, and that is because, of course, of what Donald Trump has been doing. |
| 0:09.8 | And he's done a deal. He's done a deal with the UK, of which he is very proud, |
| 0:14.5 | and of which the UK, at least its government, is very proud as well. |
| 0:18.6 | But should they be proud of it? |
| 0:20.4 | And what does it mean for future deals? |
| 0:22.8 | I've been talking to a Nobel Prize winner, no less, about it all. |
| 0:27.5 | Welcome to AmeriCast. |
| 0:31.1 | AmeriCast from BBC News. |
| 0:34.2 | You're gambling with the lives of millions of people. |
| 0:37.0 | You're gambling with World War |
| 0:38.6 | 3. President Trump's message is very simple. We are done being taken advantage of. Mr. President, |
| 0:44.1 | in the name of our God, have mercy upon the people. We're scared now. Are you supportive of |
| 0:49.8 | these onesies? I'm supportive of vaccines. What is happening? Like, this is not America. This is a terrible |
| 0:56.0 | nightmare. This is what victory feels like. Yeah. Right, it's time to welcome our guest. |
| 1:11.0 | Joseph Stiglitz is here. |
| 1:12.5 | Here in the studio. |
| 1:14.1 | He is, of course, one of America's most eminent economists. |
| 1:16.6 | Here's a Nobel laureate. |
| 1:17.7 | And we don't have a lot of Nobel laureates coming into the America. |
| 1:21.0 | Our studio says it's a particularly happy day for us. |
| 1:23.7 | He's a former chief economist at the World Bank. |
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