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I regret to inform you that Kemi Badenoch has written an article about trade in the Sunday Times in which she shows all the understanding she did when Trade Minister, that is, none. Her contortions around the US are particularly silly, but sadly widely shared in UK politics.

Nikkei tumbles 8.5% on opening after President Trump again plays down tariff negotiation…

The UK is in Europe. Is the Prime Minister getting ready to negotiate our reparations too? Is it really too much to ask that our government finally stand up to this trade terrorist?

Remember: Republicans in Congress can put a stop to this at any time.

Trump is now threatening tariffs of over 100% on China. Apparently the solution to the economic strife is 'more tariffs!'

Peter Navarro said something quite revealing on CNBC today about BMW's factory in South Carolina: "That doesn't work for America. It's bad for our economics, it's bad for our national security." This piqued my interest. I grew up very close to that BMW facility -- the company's

"This proposal is along lines which Secretary Marshall and I thought about in Moscow in 1947 but which we did not believe the French would ever accept." A US response to the Schuman plan.

As I said in my article at The Mint, this is the purpose of the 10% tariff. It's a fee for using the dollar system. But of course it won't be paid by "other nations". It will be paid by Americans.

The British representative at the Bretton Woods conference that established the post-war global system famously did not want it to be based on the dollar, but on a new global currency that he called "bancor". But he lost the argument.

He keeps going. The EU formed a monopoly against the US. Conspiracy theory mixed with xenophobia. All the foreigners are out to get him.

If China was doing to the US what the US has been doing to China, the UK would have condemned it by now.

This is how Trump is referring to the UK. And our government are just accepting this abuse.

I see Honest Bob Jenrick has a new little videos attacking barristers for representing unpopular clients. Once again for those at the back: Lawyers are not their clients. Which is how, when Jenrick repeatedly broke the law in government, he had lawyers to defend him.