PM says he will use policy to shelter British businesses following the stock market turmoil prompted by Trump’s announcement
Starmer orders economic reset amid Trump’s tariff mayhem
The US’s 25% tariff on imported cars and light trucks took effect on Thursday, the day after Trump announced tariffs on other goods from countries across the globe. This has prompted a swift reaction from car manufacturers.
Britain’s car industry, which employs 200,000 people directly, is highly exposed to the new tariffs. The US is the second-biggest importer of British-made cars after the EU, with nearly a 20% share.
Continue reading…PM says he will use policy to shelter British businesses following the stock market turmoil prompted by Trump’s announcementStarmer orders economic reset amid Trump’s tariff mayhemThe US’s 25% tariff on imported cars and light trucks took effect on Thursday, the day after Trump announced tariffs on other goods from countries across the globe. This has prompted a swift reaction from car manufacturers.Britain’s car industry, which employs 200,000 people directly, is highly exposed to the new tariffs. The US is the second-biggest importer of British-made cars after the EU, with nearly a 20% share. Continue reading…
