Britain avoids worst of Trump’s tariffs, but risks remain for Starmer (FT)

Article by the Financial Times looks at tariffs imposed in the UK by Trump’s administration and details UK Prime Minister Keir Starmer’s next steps as either striking a US trade deal to further cut 10% levy or retaliate in case a trade deal fails to materialise. Includes comment from Michael Gasiorek: “The UK does not have substantial economic leverage when it comes to trade in goods with the US, so I find it unlikely that UK retaliation would materially change the US position…“Given the vagaries and switches in US policy it seems sensible to me for now to ‘stay calm’ and see if a deal can be negotiated”.

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