Trump’s trade war tariffs may be a gut punch – but they may have left Britain in a surprisingly good position

The view in the U.K. is that Trump wanted to a make big show Thursday; that was really a scene for his base,

said Mujtaba Rahman, a managing director at the Eurasia Group, a political risk consulting firm

Starmer’s approach on trade puts him at odds with Europe, which will retaliate [against the U.S.] and probably by mid-April,

said Rahman

Every country is calling us,

Trump told reporters aboard Air Force One Thursday

British pragmatism is so far proving to be a pretty good strategy,

he said

What would be the message of having major European players start investing billions of euros in the American economy at a time when they are in the process of beating us up?”

he said

Let’s put tariffs on Teslas,

he said

The global economic landscape is shifting, and we need to shift with it through overhauling our planning system, bringing forward our industrial strategy and cutting excess red tape. We are ready embracing that new era and ready to tackle it.”

A Downing Street spokesperson said

Paul Johnson (writer)tank

I would have thought the central expectation now must be that if she is sticking to her fiscal rules, she’ll need to increase taxes in the autumn by possibly some significant amount.”

Paul Johnson, the director of the Institute for Fiscal Studies, said

Our broader economic strategy remains the same – we need to offer stability to make the UK an attractive place to invest,

said one Whitehall official

The one upside for Reeves is that it’s now going to be quite easy to make the argument that the world has changed.”

Johnson added

None of our basic protections for children and vulnerable people are up for negotiation,

a spokesperson said

I get that, ... But the implementation – the ways he’s gone about it – is just awful. I’m definitely worried about a recession, and people spending less.”

said Pulidore’s

We’ll try to take the brunt of it at first and see how that goes. If it gets to 50% then we’ll see. We’re not really sure if the manufacturers themselves will try to do something and so everybody takes a bit of the hit.”

At Village Apothecary, on Bleecker Street, owner John Kaliabakos said

I was a bit apprehensive, but he just asked me to pronounce my name, so it was all good,

Copeland said

Our Easter order was over £7,000 [$9,100] more compared to last year and we didn’t grossly increase the quantities,

Pulidore said

The price of chocolate has gone up astronomically,

she said

The main feeling is that [Trump] is completely bonkers,

he said

Tariffs mean the US produces more goods at home, demanding more energy, and leaving less oil and gas available to export to Europe.”

Anise Ganbold, the head of global energy markets research at Aurora, said

If inflation creeps up, locking in fixed-rate deals on your savings could shield you from rising costs."

Edmund Greaves, financial expert at blog Mouthy Money, said

We have to try and find new homes for some of it,

added Mr Finch