Starmer to declare end of globalisation while Trump’s tariff war rages
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Starmer to declare end of globalisation. What that means
- Amidst global trade tensions sparked by Donald Trump's tariffs, UK Prime Minister Keir Starmer is set to declare the end of globalisation.
- Starmer argues that the US president's trade war necessitates faster action in cutting red tape and boosting UK economic growth.
- Chancellor Rachel Reeves will announce measures to deregulate electric vehicle manufacturers and accelerate Labour's industrial strategy.
- Starmer aims to reassure the US president, emphasizing his understanding of the "America First" sentiment while avoiding retaliatory tariffs.
- Reeves is expected to visit India to expedite a trade deal, with efforts also focused on securing an agreement with Australia.