Economy

UK Prime Minister Warns of Global Economic Impact from US Reciprocal Tariffs

UK Prime Minister's Stance on US Tariffs

British Prime Minister Keir Starmer addressed business leaders at Downing Street, emphasizing the clear economic impact of the United States' reciprocal tariffs not only on London but globally. "But I want to be crystal clear: we are prepared, indeed one of the great strengths of this nation is our ability to keep a cool head," Starmer stated.

UK's Preparedness and Response

While acknowledging US President Donald Trump's actions as being in his country's interest, Starmer affirmed his commitment to act in Britain's interests.

Business and Trade Secretary's Reaction

UK Business and Trade Secretary Jonathan Reynolds expressed disappointment over the tariffs announcement, despite recognizing the UK's relatively better position compared to other countries.