Will market chaos make Trump rethink his tariffs?
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?…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.