UK not choosing between US and EU, says Starmer (BBC News)

A BBC News article reports that following Trump's tariff announcements, European and Asian stock markets declined, with car manufacturers experiencing significant losses. While the UK was also affected, the impact was less severe compared to the EU. The article cites analysis from the University of Sussex, with Nicolò Tamberi estimating that a blanket 20% tariff on all imports imposed by the US could result in a £22 billion reduction in UK exports.

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