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Reading: U.Okay. PM Starmer confirms Trump’s 10% levies will harm the British financial system: ‘Nothing is off the desk’
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PulseReporter > Blog > Money > U.Okay. PM Starmer confirms Trump’s 10% levies will harm the British financial system: ‘Nothing is off the desk’
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U.Okay. PM Starmer confirms Trump’s 10% levies will harm the British financial system: ‘Nothing is off the desk’

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Last updated: April 3, 2025 9:15 am
Pulse Reporter 3 months ago
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U.Okay. PM Starmer confirms Trump’s 10% levies will harm the British financial system: ‘Nothing is off the desk’
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UK Prime Minister Keir Starmer advised enterprise chiefs at his Downing Road workplace on Thursday that “clearly there can be an financial affect” from a ten p.c tariff imposed on British exports to the US.

“Final night time the president of the US acted for his nation, and that’s his mandate. In the present day, I’ll act in Britain’s pursuits with mine,” mentioned Starmer, including that commerce negotiations would proceed with Donald Trump’s administration and that “we are going to combat for one of the best deal for Britain”.

Stressing that “no one wins in a commerce warfare”, Starmer vowed to reply with “pragmatism, cool and calm heads”.

“We’ve got a variety of levers at our disposal, and we are going to proceed our work with companies throughout the nation to know their evaluation of those choices,” he mentioned.

“Our intention stays to safe a (commerce) deal. However nothing is off the desk, he mentioned.

“We’ve got to know that simply as with defence and safety, so too for the financial system and commerce we live in a altering world,” he mentioned.

This story was initially featured on Fortune.com

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