UK and US agree to zero tariff deal on pharmaceuticals Business The government has agreed to a major deal with Washington that will see the UK become the only country to secure zero import tariffs on pharmaceutical products into the US for at least three years. The deal follows months of negotiations between the government and the Trump administration, after the June trade deal left the [...]
Protectionism is economic cowardice. Britain must not fall into Trump’s trap Opinion Brexit is our new reality, but we must harness it to expand global trade, not retreat inwards like Trump, says Geoffrey de Mowbray.
Trump’s tariff salvo blindsides UK manufacturers Politics Donald Trump has blindsided UK manufacturers by slapping fresh tariffs of up to 25 per cent on more than 400 categories of British goods, from shampoo and children’s highchairs to motorcycles and diggers. Conservative shadow trade secretary Andrew Griffith accused ministers of failing to protect exporters, saying: “When it comes to protecting UK businesses from [...]
After EU-US deal, even Remoaners must admit Brexit has its benefits August 1, 2025 Even the most ardent opponents of Brexit have been forced to concede the UK has got a better deal with the US than the EU.
Global markets take a tumble as Trump pushes on with his trade war August 1, 2025 Global stocks weakened on Friday morning after US President Donald Trump hit multiple countries with a blitz of tariffs. Trump’s ambition to restructure the global trading order in his administration’s favour has sent jitters through markets on his set negotiation deadline day. The FTSE 100 is down 0.7 per cent, with UK drug maker Astrazeneca [...]
Lord Mayor: The unicorns are galloping away June 30, 2025 As capital dries up and unicorns flee, the UK must act now or accept its fate as an incubator economy, writes Alastair King.
UK-EU trade talks in ‘final hours’ ahead of landmark summit May 18, 2025 Talks on a UK-EU deal are in their “final hours” ahead of a major summit with the bloc, the minister in charge of negotiations has said. Sir Keir Starmer is expected to announce a deal with the EU when he meets European Commission President Ursula von der Leyen and European Council President Antonio Costa in [...]
MPs warn ‘secretive’ approach may have harmed EU ‘reset’ efforts May 18, 2025 The government’s “secretive” approach to negotiations with the EU may have harmed efforts to “reset” relations with the bloc, a cross-party group of MPs has warned. In a letter to Keir Starmer, the Commons Foreign Affairs Committee said public support for closer relations with Europe meant the government had space to be “bold in its [...]
UK trading partners: China returns to top 10 as EU trade slumps May 12, 2025 China has returned to become a top 10 UK trading partner for the first time since 2022 after a slump in trade activity with the European Union. China is now the eighth largest trading partner for the UK, after countries like Ireland and Italy have declined significantly in popularity, data from Santander’s latest Trade Barometer [...]
UK-US deal is welcome, but Starmer must get on with the EU May 12, 2025 Our deals with the US and India reaffirm the UK's role as a trading superpower, but it's the EU we need to focus on, writes Chris Hayward.