menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Automobiles News

>

Keir Starm...
source image

Guardian

2w

read

408

img
dot

Image Credit: Guardian

Keir Starmer orders UK economic reset amid Donald Trump’s tariff mayhem

  • Keir Starmer is reconsidering key elements of the UK's economic policy in response to Donald Trump's tariff actions.
  • The UK is concerned about the impact of Trump's trade war and potential lasting damage to its economy.
  • There is a possibility of raising taxes or changing fiscal rules to boost economic growth and combat recession.
  • Global stock markets lost almost $5tn after Trump's tariff offensive, affecting the UK's FTSE 100.
  • Jaguar Land Rover announced a pause in shipments to the US in response to the new trading terms.
  • Keir Starmer aims to protect working people, jobs, and public services amidst the economic shock.
  • There are discussions around potential shifts in economic policy due to the evolving crisis.
  • The EU and China are responding with additional tariffs, and the UK is considering all options.
  • Former WTO head Pascal Lamy suggests using trade power to threaten countermeasures against the US.
  • Protests against Trump's policies and trade tactics indicate growing concern and defiance in the US.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app