Downing Street has dismissed Foreign Secretary David Lammy’s suggestion that the latest US tariffs signal a return to protectionism, as nearly all UK exports to America face a 10% levy starting Saturday.
Lammy, speaking at a NATO meeting in Brussels, expressed regret over what he called the “return to protectionism in the United States,” warning that British citizens would be “very concerned” about the economic impact. He emphasized that the UK government is exploring all options in ongoing trade negotiations with the US but did not rule out retaliatory measures.
Global markets have slumped since President Donald Trump announced sweeping tariffs, with higher rates targeting nations he labeled the “worst offenders” in trade policy. The move has sparked fears of escalating trade tensions and economic instability.
When asked if Lammy’s comments reflected the government’s stance, a No. 10 spokesman distanced the administration, pointing instead to Prime Minister Keir Starmer’s earlier remarks. “This is not a short-term tactical exercise, it’s the beginning of a new era… we have to understand the changing world when it comes to trade and the economy,” the spokesman said. However, he refused to characterize the shift as a “new era of protectionism,” stating only that the global economic landscape is evolving.
Protectionism, which uses tariffs to shield domestic industries from foreign competition, was widely adopted during the 1930s Great Depression. While proponents argue it boosts local production, critics warn it leads to higher prices as businesses pass costs onto consumers and reduce foreign imports.
Prime Minister Starmer acknowledged the tariffs would have a significant economic impact both in the UK and globally, calling it a “new era” in trade relations.
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