Keir Starmer has cautioned that even if the UK secures a US trade deal or lower tariffs, it will not be enough to safeguard Britain’s economic future. In response to Donald Trump’s imposition of a 10% import tax on British goods, Starmer urged the UK to adapt to a changing global landscape by strengthening cooperation with Europe and diversifying trade partnerships. Trump later announced a 90-day pause on tariffs for most countries, though uncertainty remains. Global markets reacted with volatility, and the Bank of England warned of rising global financial risks. Despite the turmoil, Starmer reaffirmed the government's fiscal discipline. Rachel Reeves is also working to establish trade agreements, including a recent £400 million deal with India, and has planned high-level meetings in Washington and Brussels. The Government aims to boost UK growth by fostering new trade alliances while safeguarding vital interests like the NHS and digital taxation.
UK-US deal or eased tariffs ‘won’t be enough’, Starmer warns
Written by David Fletcher 11 Apr 2025
Additional Info
- Pray: for UK leaders to act with discernment, ensuring economic stability. Pray for a permanent end to the emerging global tariff war. (Proverbs 21:5)
- More: www.standard.co.uk/business/business-news/ukus-deal-or-eased-tariffs-won-t-be-enough-starmer-warns-b1221644.html
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