UK PM Starmer ready to 'shelter' businesses from tariff storm
6/4/2025 6:19
British Prime Minister Keir Starmer said on Saturday he was ready to step in to help "shelter" the country's businesses from the fallout from U.S. President Donald Trump's new tariff policies, mooting state intervention for the worst-affected industries.
"We stand ready to use industrial policy to help shelter British business from the storm," Starmer wrote in the Telegraph newspaper.
"Some people may feel uncomfortable about this – the idea the state should intervene directly to shape the market has often been derided.
"But we simply cannot cling on to old sentiments when the world is turning this fast."
While Starmer said the government's priority remains to try and secure a trade deal with the U.S. which could include tariff exemptions, he said he will do "everything necessary" to protect the national interest.
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