April 11, 2025
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5:12Now PlayingThe UK had its so-called Liz Truss moment in 2022 – but that’s meant to happen to small economies, not large ones like the US. Ed Balls and George Osborne reflect on the US tariffs, the trade war between the world’s two economic superpowers - and the market turmoil that has followed. Beyond the panic - and relief - on trading floors around the globe, bigger questions are now at play.
Will America still provide a reliable reserve currency? What is pushing President Donald Trump to tear at a financial system the US helped create?
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