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UK and Trump in new tariff discussions as businesses sound alarm

Summary by City AM
The UK is in discussions with the US over President Trump’s latest tariff salvo, a cabinet minister has confirmed, as businesses sound the alarm about the increased rate. President Donald Trump raised his base global tariff rate to 15 per cent on Saturday after the US Supreme Court struck down the authority he used to inflict his ‘Liberation Day’ tariffs last year. Writing on his Truthsocial platform, Trump slammed the “ridiculous, poorly writte…
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City AM broke the news in London, United Kingdom on Sunday, February 22, 2026.
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