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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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Globalisation has come to an end, says minister

Chief Secretary to the Treasury Darren Jones said Britain needs to ‘build out our relationships with our allies and partners around the world’.

·London, United Kingdom
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Metro News broke the news in London, United Kingdom on Sunday, April 6, 2025.
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