They infamously tanked the UK financial system with their mini-budget in 2022.
Now ex-chancellor Kwasi Kwarteng has advised Sky News Donald Trump’s financial insurance policies are going the identical approach as Liz Truss’ try to reform the UK financial system.
Mr Kwarteng’s finances was undone by the UK bond market, and at this time the US president introduced a 90-day pause in his tariffs as yields on US bonds additionally surged.
"I think he’s gone full maximus in the way that we did, and what he’s trying to do is essentially reshape the world order, and he has taken the view… to just do everything at once, to create maximum disruption," Mr Kwarteng stated.
"And now he’s rowed back."
Live updates: https://news.sky.com/story/politics-latest-live-starmer-trump-tariffs-labour-reeves-economy-welfare-12593360
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