TRUMP'S US TARIFF WARS EXPLAINED - What does it mean for you?

Bernard and Alex explain and analyse the significance of Donald Trump's international trade tariffs and how it might affect you personally in everything from the cost of goods to your pension. Donald Trump’s sweeping global tariff offensive has triggered market turmoil and reignited fears of a full-blown trade war, with the FTSE 100 plummeting and central banks scrambling to respond. Trump’s protectionist policies — including steep tariffs on key trading partners such as the EU, UK, China, and Vietnam — are driving up consumer prices, fuelling inflation, and risking a global recession. Despite claims of “economic patriotism”, experts argue these tariffs amount to a form of self-inflicted economic harm, unravelling decades of free trade orthodoxy. Retaliatory tariffs, rising import costs, and disrupted supply chains are hitting exporters hard, with industries from Scotch whisky to fighter jet components feeling the sting. Critics warn this tit-for-tat tariff spiral could destabilise the world economy, weaken Western alliances, and hand geopolitical leverage to China — all in pursuit of a misguided vision of industrial revival. With headlines dominated by market shocks, IMF warnings, and international backlash, Trump’s trade war may be remembered as a high-stakes gamble with devastating global consequences.PLUS Scottish Conservatives keep resigning - but for contradictory reasons. Some think the party is too far to the left, others think it is too far to the right. Which is it?Scottish Greens Co-Leader, Patrick Harvie, is set to step down after 17 years. Has he been effective as a politician?Focussing on UK, Scottish and Global politics, if you like other great political podcasts like The Rest is Politics, The News Agents, Newscast, Questions Time, Holyrood Sources, Planet Holyrood, The Stooshie, The Steamie, Scotcast, Americast etc etc then The Ponsonby and Massie Podcast could be a great show to add to your list of favourites. Hosted on Acast. See acast.com/privacy for more information.