Will market chaos make Trump rethink his tariffs?

Will market chaos make Trump rethink his tariffs?

The News Agents · 2025-04-07
43:15

Hong Kong's stock exchange has just closed down 13% - to put this in context it's the worst day of trading since the Asian market crash of 1997. The FTSE 100 has plummeted here, Goldman Sachs has upgraded its probability of a US recession, and members of the US government are now taking to the airwaves to squabble about the plan ahead. Is this genuinely what Trump wanted? Is he still pretending it's going well? And is the plan to make the world come to the negotiating table? It can't - coherently - be both. What will Keir Starmer's plan for growth involve now? Who should we be trading with? And are those fiscal rules still ironclad?

And later, why did Israel stop two UK MPs from entering the country?

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The News Agents

Emily Maitlis, Jon Sopel and Lewis Goodall – three of the UK’s top journalists – host an award-winning daily news podcast: The News Agents.

They’re not just here to tell you what's happening, but why. Expect astute analysis and explanation of the day's news – and a healthy dose of scepticism and the ability to laugh at it all when needed.

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