Latest / Best of Business / Gavin Grey: UK correspondent on Sir Keir Starmer and Donald Trump having a 'productive' talk about tariffs

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Gavin Grey: UK correspondent on Sir Keir Starmer and Donald Trump having a 'productive' talk about tariffs · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talks. It'd be
• 0:12
  Speaker 1: follow this and our wide range of podcasts now on iHeartRadio.
• 0:16
  Speaker 2: Devin Gray is our UK correspondent. Devin. Hello, Hi, the
• 0:20
  Speaker 2: good evening, Good evening.
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  Speaker 1: Now.
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  Speaker 2: Liberation Day is fast approaching. This is the US side
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  Speaker 2: of it. But the terrorists that could eventuate as a
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  Speaker 2: result would be really devastating for the UK. But there's
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  Speaker 2: a potential deal here and actually the soundings coming from
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  Speaker 2: both your side and the Washington actually sounding relatively positive.
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  Speaker 2: How has it engaged?
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  Speaker 3: Yes, yeah, I think that's about right. So there was
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  Speaker 3: a call last night our time, less than twelve hours
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  Speaker 3: ago between our Prime Minister Sekir Starmer and Donald Trump,
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  Speaker 3: the US President. The difference I think that the UK
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  Speaker 3: is arguing over many other nations, particularly the EU block
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  Speaker 3: as a whole, is that the UK has a relatively
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  Speaker 3: equal trading relationship with the US compared to its other partners.
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  Speaker 3: In other words, we import as much from the UI
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  Speaker 3: export in a rough way. We're also very fearful, of course,
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  Speaker 3: as men are, about what it'll do to our economy
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  Speaker 3: if they do tariffs and we fire back with tariffs.
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  Speaker 3: The government sort of official watchdog on these things. The
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  Speaker 3: Office for Budget Responsibility says that a reciprocal trade war
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  Speaker 3: could wipe billions from the economy, with the GDP next
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  Speaker 3: year azero point six percent lower than forecast and one
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  Speaker 3: percent lower than next year. So this is big, big
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  Speaker 3: deals to be done. And apparently the phone call went well,
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  Speaker 3: but of course it is a bit of a race
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  Speaker 3: against time as these taxes are due in shortly. But
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  Speaker 3: the government here as well making it clear that actually
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  Speaker 3: they are willing and ready to reciprocate with trade taxes
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  Speaker 3: if necessary, But that is something that I think they're
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  Speaker 3: desperate to avoid because of course, if there is less
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  Speaker 3: growth in this economy, it'll mean that the current forecasting
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  Speaker 3: for how the economy is going to go will be
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  Speaker 3: way off, and that means that it's going to wipe
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  Speaker 3: out that headroom for the Finance minister when it came
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  Speaker 3: to her plans for taxing the economy and spending and
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  Speaker 3: saving money.
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  Speaker 2: The Marine lapin right right when candidate in France, she's
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  Speaker 2: going to have a bit of a moment shortly before
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  Speaker 2: the courts.
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  Speaker 3: Yeah, this is really crucially important for her future as
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  Speaker 3: a politician, but also I think for the politics of France.
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  Speaker 3: So she is due in court in just a couple
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  Speaker 3: of hours time now for a verdict on a trial
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  Speaker 3: targeting her National Rally party and also targeting her now
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  Speaker 3: she stands accused of using European Union parliamentary money in
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  Speaker 3: order to pay party salaries Ryan and of course that
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  Speaker 3: is not allowed. Those are the accusations which she denies.
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  Speaker 3: Now the prosecutors are suggesting not just a fine fairly
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  Speaker 3: hefty more than half a million New Zealand dollars, but
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  Speaker 3: also a prison term and get this and ineligibility from
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  Speaker 3: running for public office for five years. In other words,
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  Speaker 3: she would have to go and be dropped from the
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  Speaker 3: twenty twenty seven presidential race. Now currently she is sitting
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  Speaker 3: very very firmly at the top of the opinion polls
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  Speaker 3: in some of these things, certainly first or second place.
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  Speaker 3: And so consequently, if she is banned from basically standing
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  Speaker 3: for public office for five years, that would completely scupper that.
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  Speaker 3: And indeed there are senior figures also within her party
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  Speaker 3: also on trial at this affair, so that would really
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  Speaker 3: leave her a thorough handicap to trying to run in
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  Speaker 3: twenty seven, and something that would be difficult to overturn
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  Speaker 3: in time for her fourth presidential race and the one
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  Speaker 3: offering the greatest chance of victory for her.
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  Speaker 2: Yeah, interesting stuff, now not as interesting as this. This
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  Speaker 2: Polish election story, the president's elections story, quite a good one.
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  Speaker 2: What's happened?
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  Speaker 3: So yeah, a Polish presidential election now in a couple
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  Speaker 3: of months. One of the main candidates at the moment.
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  Speaker 3: The second sort of favorite is a guy called Carol Narorik,
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  Speaker 3: and he has been widely ridiculed after it's now emerged
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  Speaker 3: that he went on television disguised to praise a book.
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  Speaker 3: What we didn't know at the time was the book
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  Speaker 3: he was praising was one he had written. He wrote
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  Speaker 3: this book that is about basically mafia and gangland related crime.
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  Speaker 3: Its fiction. Obviously that he had gone on wearing dark
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  Speaker 3: glasses and a big coat and seemed to be slightly
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  Speaker 3: out of focus, creating a pseudonym for himself and saying
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  Speaker 3: what a great book this was, how it really inspired
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  Speaker 3: this historian that he claimed to be, and also a
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  Speaker 3: social media post saying that he had met the author,
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  Speaker 3: saying how good it was to meet him, and that
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  Speaker 3: the author thanked him for this interesting book. All very
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  Speaker 3: very bizarre. It has created a storm of mockery on
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  Speaker 3: Polish social media, although it has to be said that
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  Speaker 3: Carol Naraki himself is not that bothered about it. He
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  Speaker 3: said literary pseudonyms are nothing new in Polish academia and
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  Speaker 3: then praised himself again. There was only one historian in
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  Speaker 3: Poland who had the courage to study organized crime, and
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  Speaker 3: I was that historian, he says. So he's kind of
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  Speaker 3: doubling down on this, but yeah, plenty of Polish people
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  Speaker 3: finding this very amusing and wondering if he's going to
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  Speaker 3: stand as his real self or as his disguise self.
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  Speaker 2: Bob each way to go with both. I'd say, Givin,
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  Speaker 2: thank you for that. Givin Gray at UK correspondent.
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