Trump's 'Liberation Day' tariffs carnage will hammer UK exports like cars and whisky worth £60billion and could cost tens of thousands of jobs

We have a good deal of trade relationship with the US, and our interests are best served by calmly trying to secure a deal which is in our national interest,

the PM said

Keir Starmerprime Minister

The country deserves – and we will take – a calm, pragmatic approach, ... Our decisions will always be guided by our national interest, and that’s why we have prepared for all eventualities – and we will rule nothing out.”

Sir Keir told the Commons, adding

Ultimately it will be the consumer who pays. No one wins in a trade war. All that happens is that prices go up and productivity falls. I think it’s really disappointing that we find ourselves in this situation.”

Tom Athron told The Telegraph

Will he indicate that he is prepared to take steps to either exempt Northern Ireland from EU action, or take retaliatory action if they do not?”

He asked

Bridget Phillipsoneducation Secretary

I think what [people in Britain] want, and what business and industry wants, for us to maintain a calm and quite pragmatic approach during this time and not engage in a knee-jerk response, because the last thing that anybody would want is a trade war with the US.”

Phillipson added

It is important at moments like this that we don’t have knee-jerk reactions, that we are actually cool-headed about this.”

He said

We're told about this 11th-hour bid by the government to halt a trade war, a special carve out for the United Kingdom. Where are we at with that deal with the US?" ... Why weren't we prepared?"

before she raged

Trump explicitly opened to a trade deal with the UK in previous months, putting British exports at the front of potential exemptions should negotiations follow today’s announcement,

said Francesco Pesole, currency strategist at ING

They matter because we have to demonstrate that we have a clear sense about how we manage the public finances,

she told Sky News

We do recognise this is likely to be a very challenging period,

she told BBC Breakfast

We know the difference that early years education makes to children’s life chances, and also your viewers will know how important it is that they can access childcare places,

she said

We are waiting for further information on President Trump's announcement of 25 per cent tariffs on all auto imports into the USA and we will make a further statement, as appropriate, in due course,

a JLR spokesperson told This is Money last week

If, as seems likely, additional tariffs are to apply to UK-made cars, it's a blow to a long-standing and productive relationship

SMMT's Mike Hawes said last week

He is with his trade and tariff team right now, perfecting it to make sure this is a perfect deal for the American people and the

she said

Andy Gregorycolleague

This is the last thing the UK needs, we're already teetering on the edge of recession we haven't seen any growth, we had a difficult Spring statement." ... Look at the timeline of this the Labour government got voted in last summer, Trump's administration took over in January, so they knew this was coming, and they knew we were out of Europe, so why did they not make diplomatic moves to smooth over the water and make sure this wouldn't happen."

Andy stated ... However, Clare hit back

Stephen Colberthost

Like everything, he’s got to make it a spectacle,

Stephen Colbert said on Tuesday

There is one country that the president cares most about and it is the US."

But a White House spokeswoman said

We are focused on restoring the golden age of America, and making America a manufacturing superpower."

She said

Some people will want us to have trade retaliation. That just makes everyone poorer."

She said

There’s been a clear rotation out of US stocks this year, and into Europe,

Graeme said