Treasury minister Darren Jones says globalisation era over after Trump tariffs
- Treasury Minister Darren Jones stated that the era of affordable goods has ended due to Donald Trump's tariffs, marking a significant shift in international trade.
- Jones emphasized the need for the UK to invest in its domestic economy to cope with the challenges posed by the tariffs.
- The UK faces a 10% tariff on imports to the US, with concerns about rising prices and a potential trade war as China announced its own tariffs.
- Conservative Leader Kemi Badenoch disagreed, arguing that globalisation is not over and that it has benefited the UK economy.
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14 Articles
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