In a significant escalation of trade tensions, President Trump has announced a 10% tariff on UK exports, prompting swift reactions from UK leaders and economists. Keir Starmer expressed relief over the decision while also warning that a hasty response could jeopardize the ongoing economic deal negotiations with the US. Minister Rachel Reeves cautioned against escalating into a trade war, with experts fearing that high US tariffs could severely impact UK GDP growth. As both sides engage in talks to mitigate the fallout, the UK government has urged calm and remains hopeful for a resolution. Meanwhile, the economic uncertainty looms large over businesses, particularly in sectors most affected by the tariffs, and UK leadership emphasizes the importance of maintaining a constructive dialogue with the US.