Labour's 'awful April' and Trump's tariffs – how much worse off will you be?

It’s the eve of Donald Trump’s ‘Liberation Day’, when the president’s new global tariffs regime risks wiping out Labour’s capacity to balance the books. Starmer is saying the US-UK trade talks are “well advanced” and has rejected any “knee-jerk” response from the Government, but has admitted that British exports will be hit by the new taxes. Despite all this, the Prime Minister continues to tell us that he plans to put more money in our pockets, promising millions of Britons a pay rise. Kamal and Camilla are live from Conservative HQ, where in a major speech Kemi Badenoch hit out at Labour’s “jobs tax” and accused them of a “fundamental breach of trust.” She also warned against any retaliation to Trump's tariffs, which she says would “just make everyone poorer”. They discuss this and more with shadow chancellor Mel Stride, who has claimed families will be £3500 worse off by the end of this Parliament.Producers: Georgia Coan, Lilian Fawcett and Will LewisSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: James SimmonsVideo Editor/Camera Operator: James EnglandEditor: Camilla TomineyOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

It’s the eve of Donald Trump’s ‘Liberation Day’, when the president’s new global tariffs regime risks wiping out Labour’s capacity to balance the books. Starmer is saying the US-UK trade talks are “well advanced” and has rejected any “knee-jerk” response from the Government, but has admitted that British exports will be hit by the new taxes. Despite all this, the Prime Minister continues to tell us that he plans to put more money in our pockets, promising millions of Britons a pay rise. Kamal and Camilla are live from Conservative HQ, where in a major speech Kemi Badenoch hit out at Labour’s “jobs tax” and accused them of a “fundamental breach of trust.” She also warned against any retaliation to Trump's tariffs, which she says would “just make everyone poorer”. They discuss this and more with shadow chancellor Mel Stride, who has claimed families will be £3500 worse off by the end of this Parliament.Producers: Georgia Coan, Lilian Fawcett and Will LewisSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: James SimmonsVideo Editor/Camera Operator: James EnglandEditor: Camilla TomineyOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.