UK won’t engage in ‘kneejerk’ response to Trump tariffs, says minister

Bridget Phillipson warns of ‘difficult period’ ahead for trade, but government ‘working through every eventuality’Business live – latest updatesThe UK government will not engage in a “kneejerk” response to any tariffs imposed by Donald Trump, as it warned there will be a “difficult period” ahead in trade relations with the US and called for calm.The US president is to announce his latest round of tariffs on Wednesday – which he has called “liberation day” – sparking concerns over a global trade war. Continue reading...

UK won’t engage in ‘kneejerk’ response to Trump tariffs, says minister

Bridget Phillipson warns of ‘difficult period’ ahead for trade, but government ‘working through every eventuality’

The UK government will not engage in a “kneejerk” response to any tariffs imposed by Donald Trump, as it warned there will be a “difficult period” ahead in trade relations with the US and called for calm.

The US president is to announce his latest round of tariffs on Wednesday – which he has called “liberation day” – sparking concerns over a global trade war. Continue reading...