2025-04-11
i Front Page 11th of April 2025
Britain is exploring a nearer alignment with the EU on Brexit, including a potential defence pact, as ministers signal an adjusted stance while hopes for a swift trade deal with the US diminish.
Britain is exploring a nearer alignment with the EU on Brexit, including a potential defence pact, as ministers signal an adjusted stance while hopes for a swift trade deal with the US diminish.
The President has temporarily paused certain reciprocal charges while levying a 125% rate on Chinese imports, with potential consequences for manufacturing, medicines, and other industries that could see price increases and job protection measures brought forward.
Trump’s imposition of tariffs as high as 104% on certain Chinese goods has heightened global trade tensions, sent markets tumbling, and prompted UK officials to consider contingencies for supply chains and vital imports.
Billions in pension funds have been wiped out amid a global stock market meltdown, triggered by the escalating trade war as Trump threatens China with a new 50% tariff, prompting British policymakers and analysts to warn of potential long-term economic fallout.
The PM is expected to relax the 2030 petrol car ban by allowing hybrids to remain on sale for five more years, with ministers planning to close certain agencies to drive efficiency and shift towards a more interventionist approach in order to bolster businesses against global trade pressures.
Britain is weighing retaliatory tariffs on American electric cars, alcohol and clothing, spurring concerns of heightened transatlantic trade tensions and unsettling financial markets.
A sweeping set of reciprocal tariffs threatens to cost global markets up to $1 trillion, putting UK jobs and wages at risk and prompting The PM to seek alternative strategies for economic stability.
The PM’s deputy has defended proposals to expand sick pay, end zero-hours contracts and raise National Living Wage thresholds, arguing these changes will boost growth and support those on lower incomes despite objections from businesses.
Starmer cautions the US President against triggering a damaging trade conflict, as the UK braces for possible tariffs threatening jobs and economic growth, with the PM ready to respond firmly.