UK Braces for Global Tariffs Amid US Negotiations

The UK is preparing for potential economic disruptions as President Donald Trump is set to announce new tariffs targeting global trade, including the UK. Prime Minister Keir Starmer emphasized a calm and pragmatic approach while working towards a comprehensive economic prosperity deal with the US. The UK's business secretary, Jonathan Reynolds, expressed optimism about negotiating exemptions but warned of possible retaliatory tariffs if necessary. European Commission President Ursula von der Leyen stated that the EU is ready with measures to counteract US tariffs, and ECB President Christine Lagarde noted the negative impact of such tariffs on the global economy. The UK government has been actively preparing for the expected announcements, recognizing the significant challenges ahead in maintaining economic stability.