In an opinion piece for the Telegraph newspaper on Saturday, Starmer said he was ready to step in to help “shelter” the country’s businesses, mooting state intervention for the worst-affected industries.
“Some people may feel uncomfortable about this – the idea the state should intervene directly to shape the market has often been derided.
Sir Keir Starmer with Donald Trump in the Oval Office in February. (Photo: Carl Court/Getty Images)While Starmer said the government’s priority remains to try and secure a trade deal with the US which could include tariff exemptions, he said he will do “everything necessary” to protect the national interest.
“This week we will turbocharge plans that will improve our domestic competitiveness, so we’re less exposed to these kinds of global shocks,” he said, adding that the government also wanted to strengthen alliances and reduce barriers to trade.
Writing in the newspaper, Starmer reiterated he would take a “cool-headed” approach to the tariffs rather than immediately retaliating, but he added: “All options remain on the table”.
With Reuters
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