US President Donald Trump’s imposition of sweeping tariffs on Wednesday shows that “old assumptions can no longer be taken for granted,“ Starmer said in a op-ed for the Sunday Telegraph newspaper.
The new world will be governed less by established rules and “more by deals and alliances,“ added the prime minister.
The UK leader reiterated his government’s belief that “nobody wins from a trade war” and that the immediate strategy was “to keep calm and fight for the best deal.”
In an immediate sign of the tariff fallout, UK luxury car manufacturer Jaguar Land Rover said on Saturday that it will “pause” shipments to the United States in April as it addressed “the new trading terms”.
“This week we will turbocharge plans that will improve our domestic competitiveness,“ he wrote, ahead of an expected major announcement on industrial strategy.
“Some people may feel uncomfortable about this... but we simply cannot cling on to old sentiments when the world is turning this fast,“ he added.
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