Darren Jones, chief secretary to the Treasury, is opposite Laura. On the US tariffs, she says this feels like a "scary moment" for the economy.

Jones says it's in the best interest of the British economy and workers to "get trade deals across the line" and to work with the US, Europe and other partners.

Laura asks if globalisation, as we've known it, is over.

Jones agrees, saying that's why a "strong" UK is needed.

First, we hear from the panellists.

Emily Thornberry, chair of the foreign affairs select committee, has just told Kuenssberg that we're likely to see markets fall again on Monday after Trump's tariffs.

She says Starmer is doing the right thing in how he's responded, and she's calling for a global "collective response" to the move.

Alongside Darren Jones, Kemi Badenoch and Esther Ghey, Laura Kuenssberg will be joined by three panellists:

Director general of the British Chambers of Commerce Shevaun Haviland, Labour MP Emily Thornberry, and TV and radio presenter Jeremy Vine.

Sunday with Laura Kuenssberg is back for another week.

We'll bring you all the key lines from the show right here – follow along by hitting the Watch live button at the top of the page.

We're just minutes away from Sunday with Laura Kuenssberg, where she will be questioning Treasury minister Darren Jones and Conservative leader Kemi Badenoch.

Our team of writers in London will bring you regular text updates. You can also follow along with the programme by clicking Watch Live at the top of this page shortly.

Stick with us.

Image source, EPA

Another hot topic on the agenda is the increase in the amount of National Insurance (NI) paid by employers that comes into effect today.

Employers will have to pay NI at 15% on salaries above £5,000, instead of 13.8% on salaries above £9,100 previously.

For workers, the main rates of NI and income tax are not increasing but many people will pay more tax overall because the points at which people start paying - or move to higher rates - have not increased in line with inflation.

The employment allowance - the amount employers can claim back from their NI bill - will increase from £5,000 to £10,500.

The Treasury says the billions raised will be spent on public services, including the NHS.

The Conservatives have labelled the change a "jobs tax", while several companies have warned they will raise prices due to the increase, including cosmetics company Lush and car repair chain Kwik Fit.

Laura Kuenssberg
Presenter, Sunday with Laura Kuenssberg

Image source, Getty Images

Prime Minister Sir Keir Starmer is spending another dramatic weekend working the phones from the peace of his country pad, Chequers. So far, the other calls that could really matter, from US negotiators, have not yet resumed.

Trump dangled a possible trade deal that might exempt the UK from some of the costs from tariffs during the pair's chummy White House press conference in February.

There have been significant negotiations since then by a team of around 20, led out of No 10 by Michael Ellam, the Treasury and banking veteran, and the PM's business adviser Varun Chandra alongside the business secretary.

Those talks included ideas about the UK watering down rules on electric vehicles, possible changes to a tax on tech companies ("space to talk about it", one minister says) and changes to online safety rules ("not happening", says a government source).

But as the US government prepared for its announcements on Wednesday, talks about a deal ground to a halt.

Now, after the announcement, the "ball is in their court", said one government source involved, waiting to hear if, in the chaos of Trump's new tariff world, the White House can find time and energy to push a deal with the UK.

"We're expecting to hear from them any moment," one of those involved hopes.

The risk, in the visible turmoil, is that any economic agreement could become a case of: don't call us, we'll call you. We'll be asking Darren Jones, the Treasury minister, about it when he join us in the studio tomorrow.

• Read more in the latest BBC InDepth piece

Image source, Reuters

Donald Trump's 10% baseline tariff came into effect yesterday, hitting the UK along with many other countries.

In response, Prime Minister Keir Starmer says he’ll keep pushing for an economic deal with the US to avoid some of the tariffs. But he also suggests the government could step in to protect British interests.

“We stand ready to use industrial policy to help shelter British business from the storm,” he writes in the Sunday Telegraph, external.

“Some people may feel uncomfortable about this – the idea the state should intervene directly to shape the market has often been derided,” he adds.

“But we simply cannot cling on to old sentiments when the world is turning this fast.”

He also says the UK will work to strengthen alliances and cut trade barriers with other countries, and that the government will “turbocharge plans” to make Britain less vulnerable to “global shocks” in the market.

• Read more about Starmer’s latest response to Trump’s tariffs

Image source, Reuters

Good morning and welcome to today’s live coverage of Sunday with Laura Kuenssberg.

This week, Chief Secretary to the Treasury Darren Jones and Conservative leader Kemi Badenoch will be in the hot seat.

The Treasury minister is likely to face questions about the government’s efforts to strike a deal with the US after Trump introduced a 10% tariff on imports from the UK - and other countries - on Saturday.

Jones is also expected to be grilled on the controversial rise in employers' National Insurance contributions, which comes into force today.

We’ll also hear from Esther Ghey, the mother of murdered teenager Brianna Ghey, who launched a campaign for online safety.

We’ll bring you all the key moments and analysis right here. As always, the programme starts at 09:00 GMT – you can watch it live using the button at the top of the page.