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UK trade

  • Trump’s Liberation Day has delivered what he loves most: Phone calls

    April 4, 2025

    Like all businessmen, Trump loves being on the phone. Liberation Day was a grab for attention, and boy did it deliver, writes Helen Thomas.

  • UK to consult on ‘retaliatory tariffs’ as Tories call for employment reforms to be scrapped

    April 3, 2025

    The UK will consult businesses on “possible retaliatory action’ including on US products that could face tariffs, in response to Donald Trump’s sweeping global import taxes. Jonathan Reynolds made the announcement to MPs in the House of Commons, stating: “To enable the UK to have every option open to us in the future, I am [...]

  • US tariffs: Keir Starmer vows to ‘keep cool head’ in face of ‘economic impact’

    April 3, 2025

    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 [...]

  • US tariffs: UK in ‘better position’ than some but still ‘a challenge’ – Reynolds

    April 3, 2025

    The UK is in a “better position than a lot of other countries” after Donald Trump imposed a 10 per cent rate of tariffs on exports to the US, Jonathan Reynolds has said. The US President imposed a rate of 20 per cent on the European Union (EU), 24 per cent on Japan and 34 [...]

  • Trump confirms 10 per cent tariffs to hit UK exports in huge economic blow

    April 2, 2025

    Donald Trump has confirmed the UK will be hit by 10 per cent tariffs on exports to the US, in a major blow to Britain’s economic growth. The US President confirmed the measure in a provocative and bombastic statement in the White House Rose Garden on Wednesday at just after 9pm UK time. The European [...]

  • US tariffs: UK being ‘supine’ and should ‘retaliate’, Lord Rose urges government

    April 2, 2025

    The UK has been “supine” to US President Donald Trump and should be “firm” and “find some way to retaliate”, Lord Rose has said. The businessman and former boss of M&S and Asda told Times Radio the government has been “supine” to President Trump and should be “firm” in threatening retaliatory tariffs.  He said it’s [...]

  • Explainer: What could a UK-US trade deal look like?

    April 1, 2025

    US President Donald Trump is expected to impose new tariffs on imports from countries around the world this week, with the UK set to be affected by the global tax changes. No10 has confirmed the government is “actively preparing for all eventualities” ahead of Trump’s announcement on April 2, and that we “expect the UK [...]

  • US tariffs set to damage UK economy, Reeves tells cabinet ministers

    April 1, 2025

    Donald Trump’s tariffs are expected to “have an impact” on the UK’s economy, Chancellor Rachel Reeves has told cabinet ministers, after business secretary Jonathan Reynolds warned the country faces “a very serious and significant moment”. The US President is set to unveil sweeping – but as yet unknown – tariffs on goods from around the [...]

  • US tariffs: Businesses don’t want ‘knee jerk’ response, Starmer insists

    April 1, 2025

    Sir Keir Starmer has insisted UK businesses want a “calm and collected response” to Donald Trump’s tariffs, “not a knee-jerk” reaction. The Prime Minister sought to offer calm, as he suggested the UK could retaliate with tariffs on US goods in return, but insisted that “nobody wants a trade war”. Speaking to Sky News, Starmer [...]

  • US tariffs: UK expects to be hit by Trump taxes this week, No10 admits

    March 31, 2025

    The UK expects to be hit by Donald Trump’s tariffs this week, No10 has said, amid frantic discussions to secure an exemption for UK businesses.  The government has been trying to negotiate to spare British exports from the taxes on imports into the US which are set to come into force later this week on [...]

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