The UK is positioned to enhance its global trade relations by simultaneously pursuing a US trade deal under Donald Trump and strengthening ties with the EU post-Brexit, according to economist Andy Haldane. He suggests that the UK can act as a "beacon of stability" in a volatile world by being open for business with both the US and EU, despite the challenges. Haldane warns that Trump's protectionist policies could increase global inflation and borrowing costs in the UK, but remains optimistic about the UK's economic prospects due to its stable government and investment in infrastructure. He also highlights the importance of Rachel Reeves's budget in supporting public services and growth. Haldane is leading an "inclusive growth commission" to boost investment in the East Midlands, aiming to attract international business and government funding.