Trump hits UK with 10% tariffs as he ignites global trade war

News Snapshot:

Donald Trump hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth. The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the EU and 34% on China as part of what he dubbed “liberation day”. Downing Street, which had been expecting a 20% rate to be imposed on the UK, expressed relief to have escaped the higher rate, with Keir Starmer’s more conciliatory approach to the Trump...