Not Another One

The market impact of President Trump’s “Liberation Day” tariff war has been dramatic and disastrous already. The team asks whether Trump's political and corporate backers, and American voters, will stick with him or peel off as the ride becomes scary. Will he back down? Plus, how can and should the UK respond to Trump "unleashed"?

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With Labour targeting “working people” and implementing benefit cuts, and their opponents seeking to woo the better off who vote reliably, are the poor being left behind? Plus, a related issue, as supermarkets close their cafes and fracturing social media flourishes where are the institutions that bind communities together?

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With Trump on the verge of announcing tarrifs and negotiating sympathetically with Putin where does this leaves Starmer’s polite diplomacy? Are other leaders more effective in taking an aggressive stance? Plus our take on Ed Davey riding a toy horse to launch his party’s local election campaign and Le Pen’s route to the presidency being blocked dramatically.

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Trump is unique for many reasons. One of them is his public projection, his near permanent presence on the TV screen commentating on his own presidency, updating on sensitive negotiations and announcing new ideas that are far from concrete policies. Compare him with other presidents who restrict their appearances to the point they can be close to silent or invisible for relatively long periods of time. What will be the consequences of Trump’s freakish ubiquity and are there lessons for more reticent leaders sticking to the old ways when they convey their messages?

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In another pivotal week for the Labour Chancellor our team discuss the degree to which Reeves is trapped and explore the options available. Our suggestions range widely and there is no consensus in the podcast around any of them, other than agreement that the Chancellor is in trouble. Our team ask: how long will Reeves be Chancellor?

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In our weekend magazine edition the team delve deep on the question of divided parties. The British system, with first past the post and traditionally dominant large parties, rests on leaders being effective party managers. Does Keir Starmer have a strategy for managing tensions and splits in Labour? Can Kemi Badenoch hold the Tories together? And can Nigel Farage manage the growing pains of Reform?

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Liz Kendall has announced £5 billion of benefit cut but are her proposals an historic reform of welfare or driven speedily by Rachel Reeves’ need to meet her fiscal rules and Number Ten’s desire to please voters who support cuts in benefits ? What are the wider political implications? Starmer has a landslide Commons majority and largely pliant ministers but on this parts of his party are stirring.

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Are the policies of the new administration causing an anti-American backlash? And how will European governments respond? The Brits may need to recalibrate in spite of decades spend standing "shoulder to shoulder" with the US. Post-Brexit, is this geography re-asserting itself or a blip? Includes our top American cultural influences from movies to music.

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Nigel’s Farage’s insurgent party is mired in infighting with Rupert Lowe MP having had the whip withdrawn. Is this row a minor spat or does it point to a bigger battle over the future direction of the party? Is Reform going to struggle to broaden its support heading towards the next election? Or are the old parties so disliked by the electorate that British politics is in for even more upheaval from Reform and other insurgent forces? Our team discuss all this and more in the latest episode.

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In the middle of a blizzard of news, the team debate the best sources of analysis, perspective and context to help make sense of the current acceleration of history. With listening and reading recommendations (and a glass of wine for Steve).

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