Hello and welcome to rock and roll politics, the podcast with me, Steve Richards.

Thank you for tuning in wherever you are.

And thank you also, those of you who joined the Patreon live event last week,

the day after the Trump latest show, the Tariff Show, where we delve deep and it was really great.

And thanks for all the questions we look

through them afterwards we as in Andrew and I Andrew the senior supremo of podmasters who

presided over our live gathering and we're going to do another one soon so thank you for

subscribing to Patreon and do subscribe if you haven't, because that's part of our special time together.

But there is no doubt we need to delve deep today as well.

So if it's okay with you, I'm going to reflect a bit on the implications for the UK of what's going on, be a bit parochial, and then we'll turn to

your brilliant emails, many of them, about this topic inevitably, because a bit like the

financial crash of 2008, it kind of turns all assumptions on their head and has all kinds of implications.

So, yeah, to Britain, and we talked about this a bit on the, inevitably on the Patreon live

event last week, but a bit more on that, because we've had a bit more time now to sort of make sense of what's going on.

And on one level, it's quite hard to make sense of what is going on. Trump, who took great

pride in the stock market when it was soaring, now faces sort of crash the New York Stock Exchange and other economic indicators that will,

on one level, disturb him because I bet they didn't take much time before the announcement,

Liberation Day, Liberation Day, didn't take much time in advance to reflect on what they do

if the market response was dire, which it has been.

But Britain too now has had a bit of time to respond. I have two concerns and then, well, three,

actually, and then some optimism. Concern number one is there is always a moment

early on in an international crisis of British exceptionalism, that somehow Britain is absolutely

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