Starmer said that a future trade deal with the US might lead to the UK getting some exemptions from the tariffsRichard Hughes, chair of the Office for Budget Responsibility, is giving evidence to the Treasury committee. There is a live feed here.Hughes started by telling the committee that he wrote to the chancellor earlier this year to say that, when his five-year term ends later this year, he would like to have a second term in office.We are of course negotiating an economic deal which will, I hope … mitigate the tariffs.The US is our closest ally. Our defence, our