Chris Mason: Trump means uncertainty is the new certainty for the UK
The world has changed, said the chancellor — and hours later it did, again.
It is a phrase that has become a familiar one at Westminster in the last few days and the line used to justify the shift in priorities and spending cuts Rachel Reeves announced in her Spring Statement.
When folk in government say the world has changed what they mean, at least in part, is Donald Trump is back in the White House and they can’t be remotely certain what is going to happen next.
In the latest example of stagecraft and statecraft amounting to the same thing for America’s president, he set out in a news conference that Washington would be imposing an import tax or tariff of 25% on all cars America buys from abroad.
For the UK, the US is the second largest car export market after the EU, according to the Society of Motor Manufacturers and Traders.
Courtesy: BBC