Trump’s Liz Truss moment: “It could be cataclysmic”

The News Agents

Wednesday, 9 April 2025 - 32 minutes

Trump's tariffs, combined with China's retaliation, are doing terrible things to stock markets around the world. People are selling off equity and assets in this increasingly uncertain time. But now something even more strange is happening - the bond market is tanking. And that’s a sign that confidence in the US government itself has hit the rocks. When Greece starts looking like a safer bet than America you know things are bad. Is Trump going to follow Liz Truss down the road to self immolation? And what happens next?

Later, why the Birmingham bin strikes are about something much bigger than rubbish - and why they might soon hit the rest of England.

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