The UK government is focused on negotiating a trade deal with the US following the announcement of new tariffs by President Trump, which impose 10% tariffs on UK imports and 20% on those from the EU. Business Secretary Jonathan Reynolds emphasizes the importance of avoiding a trade war and highlights the government's commitment to defending national interests. Analysts warn these tariffs may disrupt global trade and slow growth. A Downing Street source reiterates the need for negotiations to mitigate tariff impacts, stressing the significant job implications of the differences in tariff rates.
Nobody wants a trade war and our intention remains to secure a deal. But nothing is off the table and the government will do everything necessary to defend the UK's national interest.
We have a range of tools at our disposal and we will not hesitate to act. We will keep negotiating, keep cool and keep calm.
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