01 April 2025 , 07:37
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Business Secretary Jonathan Reynolds said he expected ’every country in the world to be subject to what the US is calling World Tariff Day’
Cabinet minister Jonathan Reynolds has said he expects the UK to be hit by US tariffs on Donald Trump’s "Liberation Day".
The Business Secretary Jonathan Reynolds said: "We expect every country in the world to be subject to what the US is calling World Tariff Day." He told Sky News: "Only the President himself will ultimately know what the plan in place will be but we expect that to affect every country."
Mr Reynolds said individual countries - including the UK - would then be able to negotiate with Washington on deals with the President. He said he was hopeful any US tariffs will be reversed or mitigated with British negotiators locked in talks with their American counterparts.
It comes as the PM is expected to tell the Cabinet the UK will be hit by Washington’s tariffs as he gathers his top team in Downing Street on Tuesday morning. The US president is set to unveil sweeping import taxes on goods from countries around the world on Wednesday, an event Mr Trump has dubbed "liberation day".
The UK has been attempting to negotiate an economic deal with the US, which it is hoped could protect UK businesses from the worst impacts of Mr Trump’s plans. But that is not expected to be in place by Wednesday.
World Affairs Correspondent