Live tariffs: Trump insists that China wants a “bad” commercial agreement as Beijing plans the American import block

The prime minister has said he wants to maintain a digital service tax, after the reports suggested that he could be abolished as part of trade conversations with the United States.

Sir Keir told the Link Committee that AI and other technology companies were “very powerful.”

He added: “In relation to commercial conversations, there are obviously questions about the appropriate way of taxing digital services, etc. There are questions about how technology impacts freedom of expression.

“In my opinion, I have been very clear that we need to have arrangements for a digital tax of some kind, and we also need to be pioneers of freedom of expression, which we have been in this country for many years.

“But at the same time, we rightly protect under the online security law, whose additional provisions enter into force quite quickly, and when it comes to dealing with pedophiles and protecting children, I take a fairly strong line that we take the necessary measures to do so.”

The United States commercial representative Jamieson Greer said Donald Trump has been clear that he will not make tariff exemptions in the short term.

The great sister of work influences the government that increases its approach to communities in response to Donald Trump's tariffs.

The cooperative party, represented by 41 labor parliamentarians, including business secretary Jonathan Reynolds, said that community -owned companies and members must be fundamental for the government's response to the commercial war that develops.

The work committed to its manifesto to double the size of the cooperative sector. But the general secretary of the Cooperative, Joe Fortune, said Trump's tariffs are an opportunity for a “new economic agreement for communities.”

“Now is the time for the Government to support what works: to put power and resources in the hands of the communities to shape their own future,” said Fortune.

He added: “Cooperative companies maintain local wealth: they are more resistant, more durable and more equitable. And, what is crucial, put power and wealth in the hands of working people.”

Even in the United States, where the defeat of the stock market has been so pronounced after the climbing of Trump's possible commercial war, future S&P 500 showed an increase of more than 1.3 percent.

Investors were finally receiving some relief from strong drops and some even sought to buy again. But is this really the end of the reaction of the stock market to the rates? Business and Money Editor Karl Matchett Information:

The FTSE 100 is on its way to having its best day in more than three years.

The profits are ready to relieve investors after the prices of shares around the world sank value since the announcement of rates of the president of the United States, Donald Trump, last Wednesday.

American commercial negotiators are prioritizing allies as they advance in trade and focus on large commercial partners who have had great commercial surpluses for years with the United States, said the economic advisor of the White House, Kevin Hassett on Tuesday.

“The president will decide when and if talking to China, but at this time, we have received the instruction to prioritize our allies and our commercial partners such as Japan and Korea and others,” said Hasset in an interview with Fox News.

The United Kingdom maintains its options on the table to retaliate American tariffs “if necessary,” said Sir Keir Starmer to a senior group of parliamentarians.

When asked about the government's response to tariffs, the prime minister told the Link Committee: “We obviously have to keep our options on the table and do the preparatory work for reprisals if necessary.

“But I think trying to negotiate an agreement that mitigates tariffs is better.”

He insisted that Donald Trump's tariffs were not a “temporary approval phase” but part of a “changing world order.”

The prime minister said he wanted to make sure that the economy of the United Kingdom is “resistant and prosperous” and said that the changes in the mandate of zero emission vehicles and the clinical trials announced on Monday were aimed at paving the way for this.

When asked if the government could intervene to avoid the recession, similar to the steps taken during the Covid pandemic, the prime minister emphasized the ministers prioritizing the support that “was more in the nature of breaking the barriers that are on the road” instead of spending effective.

It is not yet clear what countermeasures is planning to impose Beijing, although the BBC reported, citing state media, that the agricultural sector of the United States could be affected, including a possible total prohibition of corral birds.

There are also reports that cooperation between the two countries to address fentanyl trade could end.

And a possible prohibition of American films shown in cinemas in China has also been suggested, according to the station.

The political correspondent Archie Mitchell writes:

Sir Keir Starmer has said that the nationalization of the British Steel Scunthorpe Plan is “on the table”, with the closure of its polishing underwear.

There have been called temporary nationalization amid fears of thousands of job losses.

When asked about fears about the possible closure of the plant, the prime minister said: “Be firsthand the impact that any loss of capacity in Scunthorpe would have on the workforce, the community and the country.

“We will continue talking. We have made an offer, but all the options are on the table.”

Altering the base rate is one of the ways in which the BOE maintains inflation under control, helps to stimulate spending and, in general, aims to control online economic growth with the government's objectives.

Business and Money Editor Karl Matchett Check out: