On ‘Liberation Day’, US President Donald Trump made the controversial decision to unveil global tariffs on imported goods into the United States. In what the White House is dubbing as a day to “fix the wrongs of the past” and “restore the golden age of America”, Trump has announced tariffs of up to 20 per cent on all imports, affecting countries like the UK with its £60 billion worth of exports to the US.
The European Union has already expressed its plans to retaliate with tariffs on US products, however, the UK’s response seems to be more diplomatic. Sir Keir Starmer has indicated that the UK will not be following suit with retaliatory tariffs, instead focusing on negotiating an economic deal.
The announcement of these global tariffs has sparked fears of a trade war, with many questioning the impact it will have on the global economy. As tensions rise between the US and its trading partners, all eyes are on Washington D.C. for the latest developments in this unfolding story. Stay tuned for more updates as the situation continues to unfold.
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Video “LIVE: Donald Trump Unveils Global Tariffs on 'Liberation Day'” was uploaded on 04/02/2025 to Youtube Channel The Times and The Sunday Times