Sir Keir Starmer, according to President Trump, is grateful. “I think he was very happy about how we treated them on tariffs,” the US president said on Air Force One.
It is not a view shared by the prime minister. Although there is a level of relief that the US has chosen to hit the UK with 10 per cent tariffs rather than the 20 per cent facing the EU, the levies still have huge implications for Britain’s economy and Starmer’s political aspirations.
The last three days have seen economic carnage, with trillions wiped off the value of stock markets, dire warnings from businesses and concerns about rising prices and supply chain disruption.
Global stock prices have fallen sharply since Trump’s tariffs announcement
Thousands of jobs in the UK are at stake, along with the
