UK to keep pushing for deal after Trump imposes 10% tariff
- UK Finance Minister Rachel Reeves stated the country will not "rush into action" over new U.S. Tariffs, focusing instead on securing a favorable trade deal with the United States.
- The Office for Budget Responsibility estimated that U.S. Tariffs could reduce the UK's GDP by 0.6 percent in the 2026-2027 fiscal year if implemented.
- British Prime Minister Sir Keir Starmer advocated for "constructive talks" on trade with the U.S. To avoid a trade war.
- Discussions are ongoing with the U.S. To negotiate a trade deal that could help mitigate the impact of tariffs, according to Reeves.
36 Articles
36 Articles
Starmer meets with business leaders to discuss Trump tariffs - 'No one wins a trade war'
Prime Minister Keir Starmer has vowed to act in Britain's national interest following recent trade actions by the United States.In a statement delivered at Downing Street, the Prime Minister acknowledged the significance of the US President's ten per cent tariff. The Prime Minister acknowledged that we are "living in a changing world, entering a new era" that requires a robust response."I've instructed my team to move further and faster on the c…
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