So it’s finally happened. Donald Trump took to the White House Rose Garden on Wednesday night to announce his grand tariff plan on what he’d dubbed “Liberation Day”.

The end result was the UK being slapped with a 10pc tax on all exports to the US. It’s not good news for the economy, but we have avoided the much heavier tariffs imposed on the likes of the EU and China.

Kamal and Camilla ask former Business Secretary and ardent Leaver Sir Jacob Rees-Mogg whether we can thank Brexit for sparing the UK from the worst of the new regime, and if we will now realise the full potential of leaving Europe.

They also assess how well Keir Starmer comes out of it all. For all of his bending the knee to Trump, the Prime Minister has come away with exactly the same outcome on tariffs as Taliban-led Afghanistan. Can he still salvage a trade deal, or is retaliatory action on the cards?

Producers: Georgia Coan and Lilian Fawcett

Senior Producer: John Cadigan

Planning Editor: Venetia Rainey

Social Media Producer: Rachel Duffy

Video Editor: Valerie Browne

Studio Director: Meghan Searle

Editor: Camilla Tominey

Original music by Goss Studio

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