Sir Keir Starmer was “very blissful” with the therapy given to Britain by Donald Trump over tariffs, in keeping with the US president as his levies continued to rock monetary markets.
Mr Trump stated he had a “excellent dialogue” with the Prime Minister as he referred to his choice to log out the deal for Britain to present away the Chagos Islands to Mauritius.
The US president hit Britain with 10pc tariffs as he unveiled his “liberation day” import taxes on nations all over the world. The levies towards Britain have been the joint lowest imposed on any nation.
Mr Trump instructed reporters on Air Drive One: “I feel he was very blissful about how we handled them with tariffs.”
The president stated the turmoil in monetary markets was “to be anticipated” as he had inherited a “horrible economic system”.
In a single day, Japan’s Nikkei tumbled practically 3pc, having earlier been on the right track to lose practically 10pc for the week, which might have been its worst weekly efficiency for the reason that onset of the pandemic in March 2020.
That got here after S&P 500 firms misplaced a mixed $2.4 trillion in inventory market worth on Thursday of their greatest one-day loss since Covid sparked international lockdowns 5 years in the past.
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