Soumaya Keynes
speaker
263 appearances
1 recordings
1 series
first heard Jul 2026
last heard 26 Jul
Soumaya Keynes’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Yeah, so the Trump administration really wants to apply broad tariffs on pretty much all imports.
And back in February, the Supreme Court said, no, we don't agree with the way that you've justified that legally.
And so this is the Trump administration having another go.
And so the justification was that there were countries out there that weren't trying hard enough to stop imports made with forced labor.
Right?
So suddenly, the United States Trade Representative have become softies, die-hard lefties, trying to protect workers' rights around the world.
And that, after an investigation, has justified these new tariffs, which look pretty similar to the ones that they replaced, at least in terms of the baseline.
So what we've got is we've got a broad tariff of between 10% and 12.5% on around 60 trading partners.
There are hundreds of pages of details of how these are actually going to be implemented because there are a bunch of exemptions.
There's a slight difference in the way that the UK's tariffs are going to be applied from the way that the EU's tariffs are going to be applied.
But the headline is...
The baseline tariff of around 10% to 12.5% is there.
And now people are going to be looking at that and thinking, oh, well, can we challenge that?
Yeah, so this is a disputed topic.
There are lawyers that are very confident either way.
I suspect they're going to be more legally robust than the old kind.
But if you look at the details of the investigation, you know, there are some questions, right?
Because the idea is that this is an investigation into unfair trading practices, that it is hurting US economic interests.
And it's quite the leap to say that the UK failing to enforce forced labor rules on, say, imported clothes or something like that really affects US interests so much that it is a proportional move than to whack a 10% tariff on everything.
So there are going to be questions.
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