{"id":278901,"date":"2025-04-10T15:44:07","date_gmt":"2025-04-10T15:44:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/10\/challenge-posed-by-trumps-tariffs-has-not-gone-away-says-starmer\/"},"modified":"2025-04-10T15:44:08","modified_gmt":"2025-04-10T15:44:08","slug":"challenge-posed-by-trumps-tariffs-has-not-gone-away-says-starmer","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/04\/10\/challenge-posed-by-trumps-tariffs-has-not-gone-away-says-starmer\/","title":{"rendered":"Challenge posed by Trump’s tariffs has ‘not gone away’, says Starmer"},"content":{"rendered":"
\"Challenge<\/div>\n
\n

Sir Keir Starmer has warned the challenge posed by Donald Trump’s tariffs has “not gone away” despite the president announcing a 90-day pause on the higher rates.<\/p>\n

Stock markets rallied after Mr Trump made the surprise decision to pause most of his tariffs for 90 days<\/a><\/strong>, leaving in place 10% default tariffs for almost all countries, including the UK.<\/p>\n

The president has indicated the timeframe will be used to strike deals with trading partners and claims around 75 countries have asked the White House for talks.<\/p>\n

Politics latest: Momentum building among ‘coalition of the willing’<\/a><\/strong><\/p>\n

Speaking to reporters in Cambridgeshire, the prime minister said that while he was “very pleased” to see many of the tariffs<\/strong><\/a> paused, he did not think the global trade war that had been triggered was simply a “passing phase”.<\/p>\n

“I’m very pleased to see the changes in relation to the tariffs,” he said.<\/p>\n

“But the challenge hasn’t gone away, and I don’t think this is a passing phase. I think we’re living in a changing world.”<\/p>\n

Sir Keir also suggested that any potential trade deal the UK reaches with the US may not be enough to spare the country from levies.<\/p>\n

Asked whether the pause made him more confident that a deal with the US could be done to get rid of the blanket tariffs, Sir Keir replied: “Well our teams are talking and we’ve got good relations.<\/p>\n

“We are calm and pragmatic, the US is our closest partner on defence and security, intelligence and of course huge amounts of trade.<\/p>\n

“But I’m clear in my own mind that that on its own will not alleviate the challenges – it’s bigger than that and that’s why we’ve got to step up and turbocharge our economy.”<\/p>\n

Read more:<\/strong>
It’s not stock markets that have forced Trump to act<\/a><\/strong>
China believes capitulating to Trump isn’t an option<\/a><\/strong><\/p>\n

The main exception to the tariff climbdown is China, which is facing 125% tariffs after Beijing retaliated to Mr Trump’s threat with an 84% levy of its own on US goods.<\/p>\n

Canada and Mexico will also remain subject to 25% fentanyl-related tariffs, while the pause does not apply to the 25% tariffs Mr Trump imposed on steel and aluminium in March and on cars on 3 April.<\/p>\n

Mt Trump’s decision to halt tariffs has led to increased market confidence in Asia<\/a> <\/strong>and Europe, where markets were up on Thursday morning.<\/p>\n

However, all three of Wall Street’s main stock indexes bucked the trend by opening down.<\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sir Keir Starmer has warned the challenge posed by Donald Trump’s tariffs has “not gone away” despite the president announcing a 90-day pause on the higher rates. Stock markets rallied after Mr Trump made the surprise decision to pause most of his tariffs for 90 days, leaving in place 10% default tariffs for almost all […]<\/p>\n","protected":false},"author":2,"featured_media":278902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/e3.365dm.com\/25\/02\/1920x1080\/skynews-donald-trump-keir-starmer_6841834.jpg?20250312141343","fifu_image_alt":"","footnotes":""},"categories":[603],"tags":[6080,13828,3960,18165,1734],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/278901"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=278901"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/278901\/revisions"}],"predecessor-version":[{"id":278903,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/278901\/revisions\/278903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/278902"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=278901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=278901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=278901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}