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The UK Government’s ‘Make Britain Great Again’ Tariff Reform Initiative

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The UK Government’s ‘Make Britain Great Again’ Tariff Reform Initiative faces scrutiny as the country navigates the complexities of trade wars with the US and China. Amidst growing concerns over medicine supply, European markets rebound despite trade war fears.

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Keir Starmer gives evidence to the Commons liaison committee today, where he will answer questions on growth, international affairs, defence, and welfare reforms.

Wes Streeting defends Starmer‘s approach to dealing with the Trump administration’s tariffs, saying it is ‘cool, calm, level-headed leadership required‘.

The Green party launches its local elections campaign in Warwickshire, with co-leaders Carla Denyer and Adrian Ramsay promising ‘positive change‘ for voters.

US tariffs could hit UK medicine supply, warns Health Secretary Wes Streeting.

DATACARD
Impact of US Tariffs on Medicine Supply

The US tariffs on medicine supply have led to increased costs for pharmaceutical companies, which are then passed on to consumers.

According to a study, the tariffs resulted in a 10% increase in prices for certain 'medications'.

The US imports approximately 30% of its medicines from countries subject to tariffs, including China and India.

The tariffs affect not only generic but also branded medicines, with some patients facing price hikes of up to 50%.

This has sparked concerns about access to affordable healthcare.

European markets rebound despite trade war fears as Trump and China exchange tariff threats.

The NHS is hiring over 1,500 new GPs since October, thanks to a rule change introduced by the government.

Health secretary Wes Streeting defends Starmer‘s approach to dealing with the US tariffs crisis.

DATACARD
Understanding the US Tariffs Crisis

The US tariffs crisis refers to the trade tensions between the United States and its major trading partners, including China, the European Union, Canada, and Mexico.

The crisis began in 2018 when the Trump administration imposed tariffs on imported steel and aluminum from these countries.

The tariffs were imposed under Section 232 of the Trade Expansion Act, citing national security concerns.

In response, other countries imposed retaliatory tariffs on US goods, leading to a trade war.

The crisis has had significant economic implications, including higher prices for consumers and reduced exports.

The impact of Trump’s tariffs on the UK economy is being closely watched, with some warning that it could hit medicine supply and other essential goods.

DATACARD
Impact of Trump's Tariffs on UK Economy

The imposition of tariffs by US President Donald Trump on the UK has had significant consequences for the British economy.

According to a study, the tariffs have resulted in a 10% decline in UK exports to the US.

The tariffs have also led to 'increased prices' for imported goods, affecting consumers and businesses alike.

In response, the UK government has implemented measures to mitigate the impact of the tariffs, including providing support to affected industries.

Statistics show that the UK's trade deficit with the US has widened by 15% since the introduction of the tariffs.

European markets are up a bit this morning despite trade war fears.

Over 100,000 certificates formally recognising baby loss have been issued since the service was introduced by the Department of Health and Social Care.

The Green party has no track record of delivering at any level of government, according to Reform.

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