Keir Starmer: US-UK Trade Talks 'Well Advanced', Rejects 'Knee-Jerk' Reaction to Trump Tariffs

Sir Keir Starmer has proposed significant tax breaks for major US tech companies to alleviate the impact of Donald Trump's upcoming tariffs, potentially focusing on artificial intelligence and future technologies. Chancellor Rachel Reeves cautioned that these tariffs could negatively affect the UK economy and jeopardize 25,000 jobs in the car manufacturing sector amid ongoing negotiations. According to Jonathan Reynolds, the UK government is seeking a deal with the US that would provide relief from Trump’s tariffs on imports. Downing Street has faced criticism regarding the potential tax cuts for US firms, with Treasury spokesperson Daisy Cooper describing it as an insult to vulnerable groups affected by government budget cuts.