trump imposes a blanket 20 percent tariff on all inputs, according to new analysis by the university of sussex, this dentists for inclusive trade policy well research as of aston university in england. estimated that between 20212023 annual u. k. exports of goods to the e. u was 17 percent low of them. they would have been had brakes. it never happened . joining us from colchester. any u. k is how it read. he's the director of land, but economics and the full chief economist at the institute for public policy research, good time, you with us. how does the okay really have to make this choice between the us or the yours, the governor of the bank of england. right. what he said, the case of just continued trading with everyone has its always done well, i think the, the, you type will continue to try with both blocks the us and the a you, i think what might happen is that as you've said, the trumpet, ministration may try to pick for you. kyle, is it what by offering a preference? who do i think it would be dangerous to sign up for that because i think it might affect the, the, you know, kind of l

that was carol alexander at sussex university. >>> before i let you go, a quick check of the marketss morning. so far, we have seen red across the board as the european investors are digesting the announcement of the tariffs on canada and mexico and china. >>> looking at u.s. futures, we are expecting at the moment we just turned positive. let's see what will happen on wall street. that's it for today's show. i'm silvia amaro. "worldwide exchange" is comi upex nt.ng do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. your business needs a network it can count on... even during the unexpe

i'm joined by matthew sussex, an associate professor of strategic and defence studies at the australian national universitygramme. welcome. to begin with, i wonder what you can tell us about the so—called new missile that president putin has been discussing at the nation address.— has been discussing at the nation address. well, this is a missile that _ nation address. well, this is a missile that is _ nation address. well, this is a missile that is designed - nation address. well, this is a missile that is designed to - missile that is designed to carry nuclear warheads, about six of them in fact. it is called an rs 26 and previously, it was thought that russia would only use them if they had nuclear warheads on them. this time, as a kind of demonstration effect i think perhaps, the russians have put conventional explosives on this missile. it has been touted as a new missile, it doesn't seem to be all that new, actually. nonetheless, a missile that has been used in the dnipro, in ukraine to send a message both to, i suppose, ukraine to send a message both to, isuppose, the ukraine to send a message both

, rebecca, do tell us about this trade event that's taking place, and the numbers from the university of sussexagree with that fi . ure? ~ all, do you agree with that fiuure? ~ ., , figure? i think that it is clear that the - figure? i think that it is clear that the uk - figure? i think that it is clear that the uk trade | figure? i think that it is - clear that the uk trade will be affected enormously if there are tariffs, and it will also affect things like inflation. it will also affect growth. the government of the bank of england, andrew bailey, last week said that he was holding a watching brief on what happened in the us, because this might have an impact long—term on interest rates and how quickly they come down. so obviously, they come down. so obviously, the relationship with the united states is going to be incredibly important. but what's really interesting is that we know about donald trump. we know what happened last time. we know that he's a wild card. so he's kind of the known — unknown, if you see what i mean. and the other thing is that the role of trade in the uk labour gove