Trump undermines Reeves' big day

27 March 2025, 07:42 | Updated: 27 March 2025, 07:55

Sky News' Sam Coates and Politico's Anne McElvoy debrief on Rachel Reeves' spring statement - with the added twist of Donald Trump's 25% tariffs on all imported cars.

The chancellor has planned to get her fiscal headroom back to £9.9bn with warnings that her buffer looks too small against global events - and, right on cue, the US president has upped his trade war.

So is the economy stuck in a "doom loop" or is there a narrative that things could still "go okay" for Labour?

Sam and Anne also discuss the re-emerging rumour that Prime Minister Sir Keir Starmer is on the lookout for a senior economics adviser - and if the Labour rebellion gets bigger and louder with those harsher welfare cuts.