Trump tariff shock rocks the markets: What happens next?

Markets around the world have slumped, the dollar weakened and fears mount of a global recession, after Donald Trump announced huge 'reciprocal' tariffs on over 100 countries.The UK appears to have got off lightly, attracting just the baseline 10 per cent tariff - but even that will wipe out the Chancellor's beloved headroom and leaves the door wide open for tax rises in the Autumn.How else could it hit us here? From pensions, investments, mortgages and energy bills, Georgie Frost, Simon Lambert and Lee Boyce try to unpick a crazy few days in the geopolitical arena.As Isa providers continue to battle it out to win new customers ahead of the end of the tax year, we've seen some chunky deals.A quartet of savings apps have all boosted rates repeatedly in the last week, with the top cash Isa rate of 5.9 per cent up from 5.28 per cent just a week ago.The catch? These bonus boosts only last three months, so how good is the rate you're really getting over the whole year? And are these deals worth it?And on the topic of Isas, Simon has his very, very last minute tips on filling your allowance before it's too late.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.