UK says 'nothing is off the table' in response to US tariffs
BBC • • nation
Key Points:
- Downing Street has warned that reciprocal measures are possible if the US does not honor its tariff agreement with the UK, though both sides aim to avoid a trade war amid ongoing discussions.
- US President Donald Trump announced a 15% global tariff effective Tuesday, replacing previously struck-down tariffs, with some exemptions for critical minerals, metals, and pharmaceuticals.
- The UK-US trade deal covering sectors like cars, steel, and pharmaceuticals is expected to remain largely intact, but the UK could be negatively impacted by the new global tariff compared to countries like China and Brazil.
- The EU has put its tariff deal with the US on hold, citing uncertainty after Trump's tariff announcement and Supreme Court ruling, while US Trade Representative Jamieson Greer affirmed the US intends
