Overview

• Donald Trump's 'Liberation Day' tariffs, imposing 25% duties on UK imports, will begin on April 3, escalating economic tensions between the two nations.
• The UK government has yet to secure an exemption from the tariffs, which are expected to reduce UK GDP by 1% and strain fiscal resources.
• Keir Starmer has ruled out concessions on agricultural standards, such as allowing US chlorinated chicken and hormone-fed beef, while considering adjustments to the digital services tax.
• Public and political pressure in the UK is growing for retaliation, with 70% of Britons supporting countermeasures, though the government remains committed to a pragmatic approach.
• Negotiations for a broader US-UK trade deal continue, but no agreement has been finalized, leaving the UK's economic vulnerabilities exposed post-Brexit.