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Evening Standard
Evening Standard
Business
David Hughes

Starmer and UK economy braced for impact of Trump’s tariffs

Donald Trump United Kingdom United States Economy Bridget Phillipson Rachel Reeves Sir Keir Starmer European Union White House
Intensive diplomatic efforts and negotiations on a UK-US economic deal are not expected to be enough to spare British exporters from the US president’s tariff plans (Carl Court/PA) - (PA Wire)

Sir Keir Starmer and British businesses are braced for the impact of Donald Trump’s “liberation day” tariffs, which have the potential to derail the Government’s hopes for economic growth.

The UK’s FTSE 100 fell slightly on Wednesday in anticipation of Mr Trump’s announcement due at 9pm, which is expected to slap import taxes on goods arriving in the US from around the world.

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