JUST IN: UK Will Admit Trump’s Tariffs Are ‘Understandable’ In Major Trade Deal Breakthrough
Published 1 minute ago
on April 5, 2025
By Cullen McCue
U.K. Prime Minister Kier Starmer is expected to announce that globalism has “failed” before ordering a full economic reset, according to a report from The Times Of London. Starmer is also expected
In his first major announcement since the White House placed sweeping tariffs on imports from dozens of nations based on existing trade deficits with the United States, Starmer is expected to tell the nation that the seismic shift in global trade proves his government must “move further and faster” to boost growth with supply-side reforms.
Later this week, he is expected to make a number of pro-growth announcements, including easing regulations on electric vehicle manufacturing and updating the government’s industrial strategy. Rachel Reeves, the Chancellor of the Exchequer, is also set to hold an “economic and financial dialogue” with India on Wednesday.
Negotiations are also underway for a new trade deal with Australia.
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