{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Weekly Briefing from Capital Economics","title":"Trump’s EU tariff threat, jittery bond markets, UK macro update, gold’s next steps and more","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/a3566cee\"></iframe>","width":"100%","height":180,"duration":2311,"description":"Donald Trump jolted markets on Friday with a threat to slap steep tariffs on the EU. Group Chief Economist Neil Shearing jumped back on the podcast to join David Wilder and unpack whether this is classic brinkmanship – or something more serious. In the original recording, Neil also discusses recent bond market moves following the House’s approval of Trump’s “big, beautiful” tax bill, and reflects on the enduring lessons from Liz Truss’s chaotic spell as UK Prime Minister.\n\nAlso on the show:\nPaul Dales and Ruth Gregory dissect the UK macro outlook and what's gone wrong with the official data.\nHamad Hussain from our Commodities team explains why structural forces are setting gold up for new record highs later this year.\nAnalysis and events referenced in this podcast\nData: Tariff Impact Model\nhttps://www.capitaleconomics.com/data-and-charts/tariff-impact-model\nRead: Trump threat of 50% tariffs\nhttps://www.capitaleconomics.com/publications/europe-rapid-response/trump-threat-50-tariffs\nData: Global Trade Stress Monitor\nhttps://www.capitaleconomics.com/publications/global-economics-update/global-trade-stress-monitor\nMarkets Drop-In: Europe’s outperformance vs the state of US exceptionalism\nhttps://www.capitaleconomics.com/events/markets-drop-europes-outperformance-vs-state-us-exceptionalism\nRead: Gold prices to take a breather before the next leg up\nhttps://www.capitaleconomics.com/publications/commodities-update/gold-prices-take-breather-next-leg\nCommodities Drop-In: OPEC+ talks, gold’s pullback, metals and tariffs and more\nhttps://www.capitaleconomics.com/events/commodities-drop-opec-talks-golds-pullback-metals-and-tariffs-and-more","thumbnail_url":"https://img.transistorcdn.com/k4wrAyzb9LdWZZe1LSeSSMxKx41PGd_uydFNbSPeNvI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jYzVh/ZjA4OWMzZDgzNDVk/N2JiMzlkOGY3NzZl/OTE2Yy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}