UK, EU Leaders Address Impact of Trump's Tariffs on Global Economy
UK, EU Leaders Address Impact of Trump's Tariffs on Global Economy

UK, EU Leaders Address Impact of Trump's Tariffs on Global Economy

News summary

UK Prime Minister Keir Starmer has engaged in discussions with European leaders, including Ursula von der Leyen and Olaf Scholz, following US President Donald Trump's announcement of reciprocal tariffs, which they described as marking a 'new era for the global economy.' Starmer expressed disappointment over the tariffs but emphasized the need for the UK to act in its national interest, aiming to strengthen economic resilience and global trade relationships. The leaders collectively acknowledged the importance of minimizing the tariffs' impact on hard-working individuals while maintaining economic stability. In light of the tariffs, EU nations are reportedly considering countermeasures, which could include tariffs on a range of American imports. Starmer's statements reflect a broader concern among European leaders regarding the potential ramifications of the tariffs on international trade dynamics.

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