“Trump Tariffs Hurt Global Economy, EU Warns; China Vows Retaliation”
Since early March, all steel and aluminium entering the United States has faced a 25% tariff.
But the latest announcement is causing confusion for some businesses.
They’re unsure what’s covered under the new tariffs and whether this will put extra pressure on their company.
Keir Starmer has repeated that “nothing is off the table” when it comes to how the UK might respond to Donald Trump’s tariffs.
“Today marks a new stage in our preparation. We have a range of levers at our disposal and we will continue our work with businesses across the country to discuss their assessment of the options.”
He also says “our intention remains to secure a deal”.
Starmer says we’re living in a changing world and “we must rise to this challenge”, adding that he’s told his team to move further and faster on the changes he believes will make the UK’s economy stronger and more resilient.