STORY: :: After Trump’s tariffs announcement, UK Prime Minister Keir Starmer warns that ‘nobody wins a trade war’
:: April 3, 2025
:: London, England
“Clearly, there will be an economic impact from the decisions that the US has taken, both here and globally. But I want to be crystal clear – we are prepared. Nobody wins in a trade war. That is not in our national interest. And we have a fair and balanced trade relationship with the US. Negotiations on an economic prosperity deal, one that strengthens our existing trading relationship – they continue, and we will fight for the best deal for Britain.”
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Britain was spared the most punitive treatment in Trump’s tariff program on Wednesday night (April 2), awarded the lowest levy rate on imports of 10%, but its economy remains vulnerable to a global slowdown and any escalating trade war.
“We will fight for the best deal,” Starmer said during a roundtable meeting with business leaders at 10 Downing Street.