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Britain recognized the threat of US duties and allows retaliatory measures


March, 31 2025
watermark Economic news

This week, US President Donald Trump plans to impose trade duties that could affect the UK and other countries. This was announced by the representative of the Prime Minister of the United Kingdom, Keir Starmer. 


According to him, the head of the British government has clearly outlined his position, stating that he will act solely in the interests of the country. He also assured that active preparations are underway for all possible scenarios related to Trump's expected statements, which, according to preliminary data, will affect not only the UK, but also other countries.


For the first time, the British authorities have officially recognized the possibility of negative consequences from American duties. At the same time, Starmer's representative did not rule out the possibility of retaliatory measures, including against the US financial sector, stressing that the decision would be based on a pragmatic approach, which is guided by the British Prime minister.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.