You know, outside of the political hurly-burly, you know, the cool, calm market analysts, they're thinking, well, this is going to cause inflation.

This is going to stall the American economy. You've now actually got some really respectable people on Wall Street and beyond predicting a U.S. recession.

I think in my bones, he's still using tariffs because he wants to influence different outcomes.

He doesn't want Russia and China getting close together, or he wants to help to prize them apart

by bringing Russia back at least some way towards the Western orbit.

But the rhetoric coming out of China is unlike anything I've ever seen in 20 years.

If you mess with China in the way he is, then you could do irreparable damage.

You could spark military conflagration.

That's my concern.

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details. Liam Halligan, I go-to guy for all things economics.

We want to talk to you about the tariffs.

We want to talk to you about the British economy.

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