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Labour’s Budget and Trump's tariffs - how much worse off will you be? | The Daily T Podcast

It's the eve of President Trump's ‘Liberation Day’ for his tariffs, which risk wiping out Labour’s capacity to balance Britain’s books. Starmer is saying the US-UK trade talks are 'well advanced' and has rejected any 'knee-jerk' response from the Government, yet a deal to exempt British goods wouldn't be made in time. Despite all this, the Prime Minister continues to tell us that he plans to put more money in our pocket, promising millions of Britons a pay rise. Kamal and Camilla are live from the Conservative HQ with their reaction to the Leader of the Opposition Kemi Badenoch major foreign policy speech earlier today where she hit out at Labour's 'jobs tax' and accused them of a "fundamental breach of trust." She also believes a trade deal is the "best way" to avoid the impending tariffs under Trump, warning that a trade retaliation would 'just make everyone poorer'. We discuss this and more with Shadow Chancellor of the Exchequer, Mel Stride,  to talk us through just how much more will we all be paying. #LabourBudget2025 #UKBudget2025 #LabourParty #LabourEconomics #BudgetAnalysis #BudgetDebate #LabourPlan #SocialWelfare #PublicServicesFunding #TrumpTariffs #TradeWar #GlobalEconomy #TrumpTradePolicy #USImports #TradeTariffs #USTradePolicy