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Global economy will ‘massively suffer’ from Donald Trump tariffs, Ursula von der Leyen warns – Europe live

European Commission president hopes to move from confrontation to negotiation after Trump attack on ‘pathetic’ EU

UK prime minister Keir Starmer told business chiefs that “clearly there will be an economic impact” from Donald Trump’s tariffs, as he insisted the government would react with “cool and calm heads,” PA news agency reported.

He said “nothing is off the table” when it comes to the UK response.

“Today marks a new stage in our preparation. We have a range of levers at our disposal and we will continue our work with businesses across the country to discuss their assessment of the options.”

“Our intention remains to secure a deal, but nothing is off the table.”

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