UK PM Starmer To Declare End Of Globalisation Era As Trump Tariffs Shake Markets: Report

Last Updated:April 06, 2025, 11:41 IST

Trump's reciprocal tariffs went live on April 2, shaking markets across the globe. UK PM Starmer will address the nation and speak about the issue, according to a report.

President Donald Trump with British Prime Minister Keir Starmer (Reuters Image)

British Prime Minister Keir Starmer is all set to declare the end of an era of globalisation following US President Donald Trump’s reciprocal tariffs and ‘America First’ measures, according to a report.

Starmer will address the nation on Monday and declare that globalisation, which started after the fall of the Soviet Union in 1991, has led to disappointment to voters as Trump’s 10% “baseline" tariffs – that hit the United Kingdom on April 2, pushed the global markets into shadows of uncertainty, The Times reported.

Starmer is also expected to acknowledge Trump’s “economic nationalism", according to the report.

The Times cited a senior UK official and reported that the Starmer government does not agree with Trump’s latest measures, however, they also admit that this is the beginning of a new era, in which several are in support of Trump’s methods.

More to follow…

London, United Kingdom (UK)

News world UK PM Starmer To Declare End Of Globalisation Era As Trump Tariffs Shake Markets: Report