Declaring 'Liberation Day' for the USA, Donald Trump accused other countries of having "looted, pillaged, raped and plundered" America's economy. What he announced has sent tremors around the global economy and his own - Trump has set the stage for a global trade war.

His tariffs start at 10% and go up to as high as 74% for an unlucky few states like Bangladesh and Serbia. It’s mathematical spaghetti. The UK has avoided the higher EU rate of 20% - so do Leavers have a point when they tell us that Brexit saved us? Or is it all a bit more complicated than that? Later, why are Elon and Donald consciously uncoupling. Is Trump starting to see Musk as a loser?

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