US EditionUK 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.
37 Articles
37 Articles
The British have already offered to reduce tariffs on imported American beef and fish, according to the Washington Post. The United Kingdom has avoided retaliation and will continue its search for a trade deal with the US after President Donald Trump imposed 10% tariffs on all imports from the country, as part of a wider package of global taxes. 'I'm not going to back': Trump says China 'did the one thing it can't afford to do' After Trump's ret…
UK Mulls Retaliation Against Trump Tariffs.
PULSE POINTS:What Happened: The United Kingdom is considering retaliatory tariffs after the United States, under President Donald J. Trump, imposed a 10 percent levy on British goods—half the 20 percent levy on European Union goods. Who’s Involved: Britain’s Business Secretary Jonathan Reynolds, British Members of Parliament (MPs), and President Trump. Where & When: The tariffs are set to start this weekend, impacting goods entering the U.S. fr…
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