Prime Minister Sir Keir Starmer has vowed to respond with “cool and calm heads” to new US trade tariffs, emphasizing that Britain is prepared to protect its economy while continuing negotiations with Washington.
Speaking at a meeting with top executives from major companies including AstraZeneca (NASDAQ:AZN), BAE Systems (LON:BAES), and Jaguar Land Rover at Downing Street, Starmer acknowledged the economic impact of US-imposed tariffs but emphasized that Britain was prepared for the challenge.
Addressing industry concerns, Starmer made it clear that his priority was to act in the national interest, focusing on protecting jobs, businesses, and the wider economy.
He reaffirmed the UK’s commitment to maintaining a balanced trade relationship with the US, stressing that “nobody wins in a trade war.”
Negotiations for an economic prosperity deal with Washington remain ongoing, and Starmer vowed to fight for a fair agreement that safeguards British businesses and workers.
While the prime minister insisted that reaching a deal with the US would only happen if it aligned with the country’s best interests, he acknowledged the potential consequences of the new tariffs.
He reassured workers and businesses that the government would take necessary measures to shield the economy from negative effects, stating, “Clearly, there will be an economic impact from the decisions the US has taken, both here and globally. But I want to be crystal clear: we are prepared.”
Starmer’s comments came as Business Secretary Jonathan Reynolds confirmed that the government would consult on possible retaliatory measures against the US.
Although Starmer expressed reluctance to escalate tensions, he admitted that the UK must be ready to protect itself and that all options remained “on the table.”
In response to concerns over the real-world implications of Trump’s tariffs—potential job losses, rising costs, and economic uncertainty—Starmer acknowledged that the situation marked the start of a “new era” in global trade.
He emphasized the need for Britain to adapt beyond immediate responses to tariffs, working towards a stronger and more secure economy in the face of shifting international trade dynamics.