No 10 says it expects UK to be hit by new Trump tariffs as trade deal talks drag on
Downing Street says it expects the UK to be hit by more tariffs when Donald Trump announces his latest round of trade barriers on Wednesday and said it “reserves the right” to respond to protect the national interest.Ministers are now expecting the UK to be hit by a tariff that will apply to all countries as part of the US president’s “liberation day”, despite hoping to have secured a carve-out.With hopes of a deal before 2 April fading, the former top UK trade negotiator Crawford Falconer warned Keir Starmer’s plan for an “economic prosperity deal” with Washington could take as long as a year to come to fruition.Falconer, who was the government’s most senior trade official until the end of last year, told the Guardian: “You’ve got a year at the most. Trump and the government will say no we can do this quicker, but good luck. But probably less than a year is realistic. If your politicians are looking at real, hard political choices and are focused on it, and really kick officials’ back...