The Daily T podcast

“A Very Great Deal”: How Trump and Starmer sealed it

5/8/2025
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Has Keir Starmer finally got something right? In a slightly awkward speaker phone press conference, the Prime Minister and President Donald Trump announced a new US-UK trade deal, dubbing today a “fantastic, historic day”. The deal will see the US removes tariffs on UK steel and aluminium, and cut car rate to 10%.


In return, the UK government will remove the tariff on ethanol for US goods and agrees to “reciprocal market access on beef”. Camilla and Kamal look at the pros and cons of the “very great deal”.


And as the Bank of England cuts interest rates - we’ll be asking the shadow chancellor Mel Stride why this is actually bad news for his opposition Rachel Reeves. 


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Producer: Georgia Coan 

Production assistance from Lina Adams

Planning Editor: Venetia Rainey 

Executive Producer: Louisa Wells

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Video Editor: James Moorhead

Studio Operator: Meghan Searle

Editor: Camilla Tominey 

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