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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.
Former President Donald Trump's advocacy for tariffs has garnered enthusiastic support from many Midwest businesspeople, despite warnings from mainstream economists about the potential negative impacts on global trade. In a recent interview, Trump discussed how an "America First" approach could yield short-term economic benefits, even at the risk of long-term consequences for the U.S.'s global standing.

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