This podcast analyzes the precarious position of the UK in the face of President Trump's trade policies. The discussion explores the UK's complex relationship with both the US and the EU, highlighting the potential impact of US tariffs on the UK economy, particularly within the automotive and pharmaceutical sectors. Experts discuss the UK's attempts to appease Trump by emphasizing existing policy alignments, such as NATO spending and favorable tax policies for US companies. The podcast concludes by suggesting that the UK might offer concessions in pharmaceutical regulations to secure a trade advantage with the US, despite potential conflicts with the EU. The example of Mexico's trade agreement with the US, where existing policies were presented as concessions, is used to illustrate the UK's strategic approach.
