US EditionTreasury minister Darren Jones says globalisation era over after Trump tariffs
- UK Prime Minister Keir Starmer is set to declare the end of globalization in a national address, acknowledging its failure for many voters due to Trump's tariffs and policies.
- Treasury Minister Darren Jones stated that globalization, as previously known, has ended, emphasizing the need for the UK to invest in its domestic economy to be strong and resilient.
- Starmer and French President Emmanuel Macron expressed that a trade war is in no one's interest and discussed the global economic impacts during a conversation regarding Trump's tariffs.
- Conservative leader Kemi Badenoch disagreed with the notion that globalization is over, arguing that it has led to wealth for the UK, and suggesting that recent events reflect fragmentation rather than an end to globalization.
15 Articles
15 Articles
Trump's tariffs mark the end of the most successful economic creed in history
I am writing these words on a computer that was made in China for an American company. Later, I will play a game of football wearing a blue shirt made in Vietnam for a famous club from Liverpool, which is sponsored by a firm based in Curacao and is in a league with players from 62 nations and investors from Asia, Europe, the Middle East and the United States. This evening, I will drive in my German-made car to watch an Indian film in a cinema ow…
UK PM Keir Starmer To Declare "End Of Globalisation" As Trump Tariff Shake Markets: Report
The United Kingdom's Prime Minister Keir Starmer is scheduled to declare the end of the era of globalisation following US President Donald Trump's hardline reciprocal tariffs and 'America First' policy that triggered a global trade war pushing markets into the shadows of uncertainty, according to a report. In his address to the nation on Monday, the British Premier is also likely to admit that globalization, which started after the fall of the S…
There will be no more cheap TVs: the UK Treasury believes that the era of globalization is over
Politicians continue to assess the impact of US tariffs on the whole world, with few exceptions announced by Donald Trump. According to Darren Jones, the UK's Chief Secretary of the Treasury, “the era of globalization has come to an end”. He stated this on Sunday's BBC Sunday program. In his opinion, the population of all countries should be prepared for what will now be more difficult in the global economy. When asked by a journalist whether th…
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