US tariffs will 'clearly' have an economic impact, but a 'calm' response is needed, Keir Starmer says
- On April 2, U.S. President Donald Trump announced blanket tariffs on all imports, impacting consumers and businesses with increased prices, as explained by Dr. John Dove, a professor of economics at Troy University.
- Prime Minister Sir Keir Starmer stated that the UK is committed to securing an economic agreement with the U.S. To avoid a trade war, acknowledging that U.S. Tariffs will 'clearly' have an impact.
- The British Chambers of Commerce warned that these tariffs could harm transatlantic supply chains and negatively affect both the UK and U.S. Economies.
- Commission President Ursula von der Leyen called the U.S. Tariff move a 'major blow to the world economy' and expressed readiness to negotiate with Washington over unfair trading practices.
55 Articles
55 Articles
UK Prepared for Economic Challenges in Changing World
Sir Keir Starmer has vowed to “keep a cool head” in the face of the “economic impact” of Donald Trump’s 10 per cent tariffs on UK exports to the US, amid fears of a wider trade war. The Prime Minister spoke to business chiefs in Downing Street this morning in the wake of sweeping global import taxes announced by the US President at the White House last night. Trump imposed a rate of 20 per cent on the European Union (EU), 24 per cent on Japan an…
Britain Reacts to US Tariffs as Starmer Pledges Economic Deal to Avert Trade War
Prime Minister Sir Keir Starmer has announced that Britain is committed to securing an economic agreement with the United States to avoid a potential trade war, emphasising that UK policy will be guided by the national interest. Responding to the global tariff hikes unveiled by U.S. President Donald Trump on Wednesday, Starmer acknowledged that the UK’s baseline 10 percent tariff rate will “clearly” have an impact, but insisted the government is…
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