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Donald Trump's impending tariff threats loom over the U.K., prompting officials to strategize on protecting exports. While a potential trade deal exists, it may require distancing from EU agricultural standards and could risk the National Health Service's integrity. The U.K. might leverage defense spending and royal diplomacy to navigate these challenges, but agriculture and NHS access remain contentious issues.
In a live episode of Merryn Talks Money, experts discussed Chancellor Rachel Reeves' first budget, which includes a £40 billion tax increase. The panel debated whether this move underplayed the impact on working people, with analysis suggesting that three-quarters of the tax hike could lead to lower real wages. Concerns were raised about the potential effects on interest rates as well.

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