NEW: UK Prime Minister Keir Starmer to declare that globalization has failed, plans to show that he understands President Trump’s tariff decision.
The announcement is set for Monday, according to The Times.
“Globalisation doesn’t work for a lot of working people. We don’t… pic.twitter.com/oYhqyG29m3
— Collin Rugg (@CollinRugg) April 5, 2025
The prime minister will declare an end to globalisation and admit that it has failed millions of voters as the fallout from President Trump’s tariffs reverberates around the world.
In his first significant intervention since the United States imposed sweeping charges on imports, Sir Keir Starmer will say tomorrow that the seismic global economic effects prove the government must “move further and faster” to boost growth with supply-side reforms.
Later this week he and Rachel Reeves, the chancellor, will make pro-growth announcements, including easing regulations on electric car manufacturers and bringing forward parts of the government’s industrial strategy.