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White smoke on a US trade deal
Manage episode 481414559 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
It’s a massive day for the Labour government and for Keir Starmer, as the UK becomes the first country to sign a trade deal with the US following the tariff turmoil of last month. Donald Trump described it as a ‘full and comprehensive deal’ … although we are still waiting for some of the details to be thrashed out. What we do know is this: the 25 per cent tariff on UK steel and aluminium has been removed and the rate on most car exports has been slashed from 27.5 per cent to 10 per cent. In return, the UK is removing the tariff on ethanol for US goods and has agreed ‘reciprocal market access on beef’. So far there is no word on the digital services tax, and Britain is still liable to pay the 10 per cent baseline tariff rate.
On both sides of the pond, the deal is being described as ‘historic’ by leaders who – for their own reasons – could really do with a win. But who does this deal favour? Is it a coup for Starmer – or Trump?
Oscar Edmondson speaks to Kate Andrews and Michael Simmons.
Produced by Oscar Edmondson.
On both sides of the pond, the deal is being described as ‘historic’ by leaders who – for their own reasons – could really do with a win. But who does this deal favour? Is it a coup for Starmer – or Trump?
Oscar Edmondson speaks to Kate Andrews and Michael Simmons.
Produced by Oscar Edmondson.
Hosted on Acast. See acast.com/privacy for more information.
2946 episodes
Share
Manage episode 481414559 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
It’s a massive day for the Labour government and for Keir Starmer, as the UK becomes the first country to sign a trade deal with the US following the tariff turmoil of last month. Donald Trump described it as a ‘full and comprehensive deal’ … although we are still waiting for some of the details to be thrashed out. What we do know is this: the 25 per cent tariff on UK steel and aluminium has been removed and the rate on most car exports has been slashed from 27.5 per cent to 10 per cent. In return, the UK is removing the tariff on ethanol for US goods and has agreed ‘reciprocal market access on beef’. So far there is no word on the digital services tax, and Britain is still liable to pay the 10 per cent baseline tariff rate.
On both sides of the pond, the deal is being described as ‘historic’ by leaders who – for their own reasons – could really do with a win. But who does this deal favour? Is it a coup for Starmer – or Trump?
Oscar Edmondson speaks to Kate Andrews and Michael Simmons.
Produced by Oscar Edmondson.
On both sides of the pond, the deal is being described as ‘historic’ by leaders who – for their own reasons – could really do with a win. But who does this deal favour? Is it a coup for Starmer – or Trump?
Oscar Edmondson speaks to Kate Andrews and Michael Simmons.
Produced by Oscar Edmondson.
Hosted on Acast. See acast.com/privacy for more information.
2946 episodes
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Similar to Coffee House Shots
National and international news from BBC Radio 4.
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continue reading
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