Senior UK and European Union diplomats are advising Prime Minister Keir Starmer to resist firmly against US President Donald Trump if he imposes tariffs on UK exports, fearing a global trade war and disastrous effects on the UK economy. Concerns have arisen over Trump’s plans for 25 percent tariffs on imports of cars, steel, and aluminum, as well as reciprocal tariffs on countries applying VAT. Officials urge Starmer to act in the national interest, be pragmatic, and consider a broader US-UK trade deal while facing pressure to not appease Trump and address economic concerns among UK voters.
Full Article
Trump tariffs latest: Starmer insists UK ‘ruling nothing out’ as president prepares to spark global trade war
Sir Keir Starmer stated that the UK is preparing for all possibilities and keeping all options open in response to Donald Trump's potential import tariffs, causing global stock markets to be on edge. European and Asian stocks faltered as investors and world leaders expressed concerns over the impact of Trump's proposed trade barriers, set to be announced later. Amid warnings of potential harm to the UK car manufacturing industry, Sir Keir emphasized that a trade...
Read more