Starmer Warns Trump on Tariffs
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sweeping tariffsGB News
•World
World
Keir Starmer planning to show his ‘sharp teeth’ to Donald Trump - ‘do not start a trade war’ PM warns President
68% Informative
Prime Minister has said a retaliation is on the table if he thinks it is in the national interest' No 10 source said: We are preparing for all eventualities. Everything’s being done properly and thoroughly, but ultimately, the whole thing is entirely unpredictable' Donald Trump plans to impose sweeping tariffs on goods from all countries on Liberation Day , April 2 .
Amongst Trump 's plans is a 25 per cent import tariff on cars, Britain 's biggest physical export to the US last year .
Wall Street has doubled the US 's recession warning this morning with Moody’s , the credit ratings agency, raising the odds of a recession in the world’s largest economy to 40per cent , up from 15per cent at the start of the year . Goldman Sachs , the investment bank, said the probability of a recession had hit 35per cent , up from 20per cent ..
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