Starmer Speaks on Tariffs and Trade Wars

British Prime Minister Keir Starmer highlighted the significant challenges posed by new tariffs, including "25% on automotive exports and 10% on other goods," calling it a "huge challenge for our future." He emphasized the need for national unity to overcome these obstacles in an era of global instability.

Urgency and Reform in the Face of Trade Wars

Starmer stressed that "Nobody wins from a trade war," but also pointed out the urgency of the situation. In response to these challenges, he announced "bold changes" to electric vehicle regulations, aiming to ease restrictions and support the UK car industry amidst international trade tensions.

Supporting the Automotive Industry

Further details revealed plans to reduce requirements on automobile manufacturers transitioning away from gasoline and diesel vehicles, a move designed to mitigate potential penalties and foster industry growth during these turbulent times.