London [UK]: After US President Donald Trump’s sweeping new tariffs, UK Prime Minister Keir Starmer held key discussions with international leaders, including European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz, calling this move a “new era for the global economy.”
In a statement released by Downing Street, it was confirmed that Starmer also spoke with Friedrich Merz, leader of Germany’s Christian Democratic Union (CDU). The discussions revolved around the impact of the US’s reciprocal tariffs and how Europe must respond collectively.
“As with defence and security – this is a new era for the global economy,” the joint statement read. “Europe must rise to meet the moment and minimise the impact on hardworking people.”
Starmer: Calm, Strategic Response in UK’s National Interest
Starmer expressed disappointment over the new 10% tariffs on UK exports but stressed that Britain would continue to act in its national interest, preparing for every outcome while protecting its economic resilience.
“The Prime Minister reiterated he was disappointed by the new tariffs and stressed he will continue to act in the UK’s national interest — remaining calm while preparing for all eventualities,” Downing Street added.
Starmer also highlighted plans to strengthen the UK’s economy, build resilience, and diversify global trade relationships.
EU Voices Concern Over Global Impact
European Commission President Ursula von der Leyen shared her thoughts on social media, posting on X (formerly Twitter):
“Just spoke with @Keir_Starmer and shared my concern over the impact of the US tariffs on the global economy. We also discussed security and defence and the upcoming EU-UK Summit.”
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Trump’s Tariff Policy Reshapes Global Trade
President Trump’s April 2 announcement imposed reciprocal import tariffs on multiple nations as part of a trade policy focused on fairness and reciprocity. Tariff rates include:
- China: 34%
- Vietnam: 46%
- Taiwan: 32%
- Japan: 24%
- India: 26%
- UK: 10%
- EU: 20%
- Bangladesh: 37%
- Pakistan: 29%
- Sri Lanka: 44%
- Israel: 17%
From April 9, countries with the largest trade deficits with the US — including India — will face higher, individualised tariffs.
