Labour leader Keir Starmer has acknowledged that the UK will face tariffs imposed by the Trump administration this week, as fears of a global recession continue to grow.
Speaking to reporters, Starmer said, “It is clear that the UK will be hit by these tariffs, and it is important that we are prepared for the economic impact they will have. The government must act swiftly to protect jobs and businesses that will be affected.”
The tariffs, which are expected to target a range of UK exports, come at a time when the global economy is facing significant challenges due to the ongoing COVID-19 pandemic. Many experts fear that the combination of tariffs and the economic downturn could lead to a severe recession.
Starmer called on the government to work with international partners to address the economic challenges facing the UK and to ensure that the country is able to weather the storm.
“We cannot afford to be complacent in the face of these challenges,” Starmer said. “The government must take decisive action to protect jobs and businesses, and to ensure that the UK is able to recover from this crisis.”
This image shows a headline stating “Downing Street admits Britain will be hit by Trump’s tariffs this week” with a photo of the UK Prime Minister’s residence, 10 Downing Street. The article discusses the impact of Trump’s tariffs on Britain and the looming worldwide trade war.
Labour leader Keir Starmer has acknowledged that the UK will face tariffs imposed by the Trump administration this week, as fears of a global recession continue to grow.
Speaking to reporters, Starmer said, “It is clear that the UK will be hit by these tariffs, and it is important that we are prepared for the economic impact they will have. The government must act swiftly to protect jobs and businesses that will be affected.”
The tariffs, which are expected to target a range of UK exports, come at a time when the global economy is facing significant challenges due to the ongoing COVID-19 pandemic. Many experts fear that the combination of tariffs and the economic downturn could lead to a severe recession.
Starmer called on the government to work with international partners to address the economic challenges facing the UK and to ensure that the country is able to weather the storm.
“We cannot afford to be complacent in the face of these challenges,” Starmer said. “The government must take decisive action to protect jobs and businesses, and to ensure that the UK is able to recover from this crisis.”
https://www.independent.co.uk/news/uk/politics/trump-tariffs-starmer-trade-ftse-stock-market-live-updates-b2725001.html
