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The images of the Francis Scott Key Bridge collapsing were extraordinary and chilling. 

A tragedy has now become an economic and logistical nightmare for the region.

But was it a freak one-off? Well, worryingly, maybe not.

The Chesapeake Bay Bridge is actually comprised of two separate bridges
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Chesapeake Bay Bridge is made of two separate bridges built around 20 years apart

Just 20 miles downstream from the Key Bridge, and on the same shipping lane, is another that’s bigger, longer, older and busier. And it’s earned the tag – the scariest in America.

The Chesapeake Bay Bridge is actually two. One bridge, for two lanes of traffic, was built in 1952. A second, with three lanes, was added in 1973.

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Local fisherman Brian Hardman took Sky News out into the bay to see the bridges up close
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Local fisherman Brian Hardman took Sky News out into the bay to see the bridges up close

A hodge-podge of different bridges

Sky News took to Chesapeake Bay with local fisherman Brian Hardman.

We passed the backed up cargo ships, blocked from entering Baltimore Port because of the downed Key Bridge up stream.

We paused way below the vast Chesapeake Bay Bridge complex for a closer look at this ageing feat of engineering.

Up close to the one of the four pylons which supports the suspended part of the four mile-long bridges, you do not need to be an expert to see the lack of protection.

A sitting duck

A tiny wooden buffer, broken in places, clads ageing concrete from which corroding metal work supports the road high above.

If a ship was to hit one of these pylons, the impact point would be high up, given the height of modern cargo vessels.

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The bridge is protected by wooden guards in places

The dual bridges are used by 27 million vehicles a year. Eleven million tonnes of cargo pass under them. And yet it is classed by federal authorities as fracture critical.

“The bridge, when I look at it, it’s like a sitting duck just at the mercy of the ships.” structural engineer Professor Abe Aghayere told me.

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His view is shared by peers and he outlines what “fracture critical” means.

“If one piece goes, a whole section of the bridge, or the whole bridge entirely, could go just like the Key Bridge did,” the professor said.

“The piers or the pylons of that of the Bay Bridge are unprotected just like the Key Bridge was. So that worries me. For a bridge that long with that much traffic, it needs to be protected.”

Eleven million tonnes of cargo pass under the bridge every year
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Eleven million tonnes of cargo pass under the bridge every year

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A structural engineer warned the bridge was a ‘sitting duck’

It’s everybody’s concern

At his office nearby, we meet commissioner Jim Moran. He is a local politician who campaigns for funding to fix the bridge and build a third one to ease congestion. He is always wondering “what if?”.

“The Bay Bridge, as some people know – it’s been ranked as one of the scariest bridges.”

I suggest to him that it doesn’t look to be in great shape.

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The Francis Scott Key Bridge collapsed upstream of the Chesapeake Bay Bridge

“Right,” he says.

“And the state is spending a great deal of money to stay ahead of it. I mean, that ship that hit the Key Bridge was probably 100,000 tons. And I don’t know anything that could withstand being hit. So that force, that energy, you know, it’s something everybody’s looking into. It’s everybody’s concern.”

As President Biden surveyed the damage at the Key Bridge, his words were a reminder that it’s an election year.

“Your nation has your back,” the president said.

“The federal government will pay for the entire cost of reconstructing that bridge, and I expect the Congress to support my effort.”

The disaster in Baltimore is a huge setback for the city and the region but could it represent an opportunity for President Biden and the Democratic Party?

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Bridge collapse: What happened?

Commissioner Moran is a Republican. I asked if he thought whether the president had handled the crisis well.

“Yes, I do. He came out right out of the gate saying ‘the federal government is going to be here and we’re going to stay here’. And they’re helping mostly with money. We appreciate him coming out and stepping up to the plate and helping us with this.”

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Sky News has asked the Maryland Transportation Authority to comment on the state of the structure. We are awaiting their response.

The disaster just up stream from here last month puts a critical frightening focus on infrastructure across this country.

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Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem

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Financial markets were always going to respond to Trump tariffs but they're also battling with another problem

Global financial markets gave a clear vote of no-confidence in President Trump’s economic policy.

The damage it will do is obvious: costs for companies will rise, hitting their earnings.

The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

Tariffs latest: FTSE 100 suffers biggest daily drop since COVID

Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

Hopes that his actions may not match his rhetoric were dashed on Wednesday as he imposed sweeping tariffs on the US’ trading partners, ratcheting up protectionism to a level not seen in more than a century.

Markets were always going to respond to that but they are also battling with another problem: the lack of certainty when it comes to Trump.

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He is a capricious figure and we can only guess his next move. Will he row back? How far is he willing to negotiate and offer concessions?

Read more:
There were no winners from Trump’s tariff gameshow
Trade war sparks ‘$2.2trn’ global market sell-off

These are massive unknowns, which are piled on to uncertainty about how countries will respond.

China has already retaliated and Europe has indicated it will go further.

That will compound the problems for the global economy and undoubtedly send shivers through the markets.

Much is yet to be determined, but if there’s one thing markets hate, it’s uncertainty.

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

Stock markets around the world fell on Thursday after Donald Trump announced sweeping tariffs – with some economists now fearing a recession.

The US president announced tariffs for almost every country – including 10% rates on imports from the UK – on Wednesday evening, sending financial markets reeling.

While the UK’s FTSE 100 closed down 1.55% and the continent’s STOXX Europe 600 index was down 2.67% as of 5.30pm, it was American traders who were hit the most.

Trump tariffs latest: US stock markets tumble

All three of the US’s major markets opened to sharp losses on Thursday morning.

A person works on the floor at the New York Stock Exchange in New York, Monday, March 31, 2025. Pic: AP
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The S&P 500 is set for its worst day of trading since the COVID-19 pandemic. File pic: AP

By 8.30pm UK time (3.30pm EST), The Dow Jones Industrial Average was down 3.7%, the S&P 500 opened with a drop of 4.4%, and the Nasdaq composite was down 5.6%.

Compared to their values when Donald Trump was inaugurated, the three markets were down around 5.6%, 8.7% and 14.4%, respectively, according to LSEG.

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Worst one-day losses since COVID

As Wall Street trading ended at 9pm in the UK, two indexes had suffered their worst one-day losses since the COVID-19 pandemic.

The S&P 500 fell 4.85%, the Nasdaq dropped 6%, and the Dow Jones fell 4%.

It marks Nasdaq’s biggest daily percentage drop since March 2020 at the start of COVID, and the largest drop for the Dow Jones since June 2020.

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The latest numbers on tariffs

‘Trust in President Trump’

White House press secretary Karoline Leavitt told CNN earlier in the day that Mr Trump was “doubling down on his proven economic formula from his first term”.

“To anyone on Wall Street this morning, I would say trust in President Trump,” she told the broadcaster, adding: “This is indeed a national emergency… and it’s about time we have a president who actually does something about it.”

Later, the US president told reporters as he left the White House that “I think it’s going very well,” adding: “The markets are going to boom, the stock is going to boom, the country is going to boom.”

He later said on Air Force One that the UK is “happy” with its tariff – the lowest possible levy of 10% – and added he would be open to negotiations if other countries “offer something phenomenal”.

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How is the world reacting to Trump’s tariffs?

Economist warns of ‘spiral of doom’

The turbulence in the markets from Mr Trump’s tariffs “just left everybody in shock”, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions in Boston, told Reuters.

He added that the economy could go into recession as a result, saying that “a lot of the pain, will probably most acutely be felt in the US and that certainly would weigh on broader global growth as well”.

Meanwhile, chief investment officer at St James’s Place Justin Onuekwusi said that international retaliation is likely, even as “it’s clear countries will think about how to retaliate in a politically astute way”.

He warned: “Significant retaliation could lead to a tariff ‘spiral of doom’ that could be the growth shock that drags us into recession.”

Read more:
Do Trump’s ‘Liberation Day’ tariff numbers add up?

Tariffs about something more than economics: power

It comes as the UK government published a long list of US products that could be subject to reciprocal tariffs – including golf clubs and golf balls.

Running to more than 400 pages, the list is part of a four-week-long consultation with British businesses and suggests whiskey, jeans, livestock, and chemical components.

Meanwhile, Prime Minister Sir Keir Starmer said on Thursday that the US president had launched a “new era” for global trade and that the UK will respond with “cool and calm heads”.

It also comes as Canadian Prime Minister Mark Carney announced a 25% tariff on all American-imported vehicles that are not compliant with the US-Mexico-Canada trade deal.

He added: “The 80-year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services, is over. This is a tragedy.”

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Trump’s tariffs are about something more than economics: power

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Trump's tariffs are about something more than economics: power

Tanking stock markets, collapsing world orders, devastating trade wars; economists with their hair ablaze are scrambling to keep up.

But as we try to make sense of Donald Trumps’s tariff tsunami, economic theory only goes so far. In the end this surely is about something more primal.

Power.

Understanding that may be crucial to how the world responds.

Yes, economics helps explain the impact. The world’s economy has after all shifted on its axis, the way it’s been run for decades turned on its head.

Instead of driving world trade, America is creating a trade war. We will all feel the impact.

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PM will ‘fight’ for deal with US

Donald Trump says he is settling scores, righting wrongs. America has been raped, looted and pillaged by the world trading system.

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But don’t be distracted by the hyperbole – and if you think this is about economics alone, you may be missing the point.

Above all, tariffs give Donald Trump power. They strike fear into allies and enemies, from governments to corporations.

This is a president who runs his presidency like a medieval emperor or mafia don.

It is one reason why since his election we have seen what one statesman called a conga line of sycophants make their way to the White House, from world leaders to titans of industry.

The conga line will grow longer as they now redouble their efforts hoping to special treatment from Trump’s tariffs. Sir Keir Starmer among them.

President Trump’s using similar tactics at home, deploying presidential power to extract concessions and deter dissent in corporate America, academia and the US media. Those who offer favours are spared punishment.

His critics say he seeks a form power for the executive or presidential branch of government that the founding fathers deliberately sought to prevent.

Whether or not that is true, the same playbook of divide and rule through intimidation can now be applied internationally. Thanks to tariffs

Each country will seek exceptions but on Trump’s terms. Those who retaliate may meet escalation.

This is the unforgiving calculus for governments including our own plotting their next moves.

The temptation will be to give Trump whatever he wants to spare their economies, but there is a jeopardy that compounds the longer this goes on.

Read more:
Do Trump’s numbers on tariffs really add up?
Trump hits island home only to penguins with 10% tariffs

Chinese Vice President Han Zheng gestures to Britain's Chancellor of the Exchequer Rachel Reeves following a photo session at the Great Hall of the People in Beijing, Saturday, Jan. 11, 2025. (Florence Lo/Pool Photo via AP)
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Could America’s traditional allies turn to China? Pic: AP

Malcolm Turnbull, the former Australian prime minister who coined the conga line comparison, put it this way: “Pretty much all the international leaders I have seen that have sucked up to Trump have been run over. The reality is if you suck up to bullies, whether it’s global affairs or in the playground, you just get more bullying.”

Trading partners may be able to mitigate the impact of these tariffs through negotiation, but that may only encourage this unorthodox president to demand ever more?

Ultimately the world will need a more reliable superpower than that.

In the hands of such a president, America cannot be counted on.

When it comes to security, stability and prosperity, allies will need to fend for themselves.

And they will need new friends. If Washington can’t be relied on, Beijing beckons.

America First will, more and more, mean America on its own.

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