Inside Trump’s tariff turnaround | US Politics | Political Currency
April 11, 2025
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5:12Now PlayingInside Trump’s tariff turnaround | US Politics | Political Currency
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as posted by the channelThe 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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On the Political Currency podcast, Ed Balls and George Osborne take us behind closed doors into the rooms where decisions are made. Having battled it out across the despatch box, the former Chancellor and shadow chancellor now meet in the studio to discuss the decisions that affect the nation’s pockets.
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