US EditionUK to keep pushing for deal after Trump imposes 10% tariff
- UK Finance Minister Rachel Reeves stated the country will not "rush into action" over new U.S. Tariffs, focusing instead on securing a favorable trade deal with the United States.
- The Office for Budget Responsibility estimated that U.S. Tariffs could reduce the UK's GDP by 0.6 percent in the 2026-2027 fiscal year if implemented.
- British Prime Minister Sir Keir Starmer advocated for "constructive talks" on trade with the U.S. To avoid a trade war.
- Discussions are ongoing with the U.S. To negotiate a trade deal that could help mitigate the impact of tariffs, according to Reeves.
37 Articles
37 Articles
UK Mulls Retaliation Against Trump Tariffs.
PULSE POINTS:What Happened: The United Kingdom is considering retaliatory tariffs after the United States, under President Donald J. Trump, imposed a 10 percent levy on British goods—half the 20 percent levy on European Union goods. Who’s Involved: Britain’s Business Secretary Jonathan Reynolds, British Members of Parliament (MPs), and President Trump. Where & When: The tariffs are set to start this weekend, impacting goods entering the U.S. fr…
Forbes calls on UK ministers to strike trade deal with US after Trump tariffs
The Scottish Deputy First Minister said the UK Government should ‘recognise the potential opportunities of a trade agreement with the US’. Scotland’s Deputy First Minister has called on the UK Government to leave no stone unturned in efforts to secure a trade deal with America, as she warned tariffs imposed by US President Donald Trump will impact on some of Scotland’s key industries. Kate Forbes said the Scotch Whisky Association had already es…
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