Our political editor David Madox and Archie Mitchell Policy reporter report on today’s events:

Some business groups have warned Kier Stormer to pursue the EU in retaliation.

John Long Worst, head of the Independent Trade Network (IBN), warned that British tariffs on the United States would be “an act of harm to the United States”.

“The tariffs are primarily damaging unless they attack the strategic industries. Our trade with the United States is widely balanced. We have to look for asap business arrangements and ignore days. This will reduce inflation, help consumers and British trade,” he said.

“We must prevent the EU tariff war and prevent the protection of expensive EU producers. If we get involved in tariff war, it will reduce economic growth even further and add to inflation = recession.”

Meanwhile, Marcorason, general manager of the International Institute of Export and Trade of the Charter, has suggested that it will lead to great Western democracies that turn their back into the United States.

He said Independent: “There is to be a political geographical change with Canada, the European Union, Britain and Australia, which is a closer business partnership.

“This means that development is a formal or informal cooperation. This will not replace the US market, but it certainly can create a new business community.”

The reform leader in the UK, Nigel Farge, a prominent supporter of the US President, said tariffs would not be “popular for anyone, not me” but this retribution would be “a self -harm”.

“What disappoints me most is that we had a great opportunity to do a free business with the US in the first period of Trump,” he said.

“We didn’t do it because the conservatives did not deliver Brexit, we were not free to do it, but we negotiated almost three -quarters of the chapters we needed to get that opportunity … but I think we can arrange it.”

The days before US President Donald Trump’s tariff programs were due to fall on Monday, Monday fell.

London FSE 100 dropped over 100 points during the day. Nearly, 76.04 was lost or 0.88 % to be resolved in 8,582.81.

This sales were more prominent for other European indicators. DAX Germany fell 1.33 % and CAC 40 France fell 1.58 %.

Experts said the fear of intensifying trade war means “there is no place to hide on stock exchange” that has global stocks that are in horror.

“Before announcing April 2, the capital’s air in the financial markets,” said Kathleen Brooks, the XTB Research Director.

“Fear of tariffs has deepened at the weekend, there is no one than President Trump, who said that no country would be able to prevent his mutual tariffs,” he said.

“There is no place to hide on stock exchange because stocks are trapped in tariff tariffs, which does not help the fact that the last trading day in the first trimester is not helpful.”

The Small Business Federation (FSB) said 60 % of its members are exported to the United States.

“There is no skirt around the fact that tariffs are a large headache for small companies,” said Tina McKenzi, head of FSB policy.

“The additional costs are the last thing that jobs require, especially when not in the 10 small and medium -sized jobs (SME) that exports are important to the entire economy. With 59 % of small exporters currently exported to the United States, any trade disorder can have a widespread impact.”

It seems that British companies will be hit by Donald Trump’s tariffs after Downing Street acknowledges that the UK is unlikely to save it.

The US president is due to unveil imports of imports around countries around the world on Wednesday, an event that Mr Trump has dubbed the “Day of Freedom”.

The government is trying to negotiate an economic agreement with the United States, hoping to protect British jobs against the worst impact of Mr Trump’s plans.

But this will not exist before Wednesday, and trade negotiations alone are unlikely to be enough for the British exemption from the president’s willingness to impose import tariffs on the United States from all over the world.

“When it comes to tariffs, the prime minister has been determined that he will always be in the national interest, and we are seriously prepared for all the events before President Trump’s expected announcements, which we expect Britain to be affected by other countries,” the prime minister said.

“Our business teams continue to discuss constructive discussions on an agreement on an agreement between British and US economic prosperity,” he said.

“But we will only make a deal that reflects this government’s duty to provide economic stability to the British people, and we will only act in the national interest.”

Asked whether the government is hoping to sign a British and US deal before the tariff announcement, a spokesman said he “does not intend to spend a time for these discussions” but they “will probably go beyond Wednesday.”

He estimated the British Chamber of Commerce (BCC) in a sign of damage by the tariffs that approximately two -thirds (63 %) of the jobs that represent it will face a new tariff war.

William Bain, the head of the BCC trade policy, said: Last week, the Budget Office (OBR) warned that the trade war with the United States destroyed the entire Chancellor of Rachel Reeves, giving him his spring statement and exposing the government to important events.

“Tariffs mean that prices and costs inevitably rise and this is a loss scenario for consumers, jobs and economic growth.

The BCC and others call on the British government to pursue its negotiations on a business deal with the United States in an attempt to reverse tariffs.

The White House said that any country that treats the United States unjustly should expect tariffs to be targeted, two days before the US President Donald Trump is expected to announce mutual tariffs.

A White House spokesman, a White House spokesman, told reporters, “Any country that has treated the American people unjustly should expect to receive tariffs on Wednesday.”

Donald Trump’s decision to impose a 25 % tariff on British steel has raised concerns about the future of the British steel industry.

However, OCI CEO Oliver Chapman believes that this effect may not be as severe as fear – and can even bring unexpected benefits.

“I do not believe that these tariffs will have as much influence on the British economy as people think,” Mr Chapman said.

He noted that Britain is a net steel importer and, while exporting $ 5.4 billion, is buying $ 7.3 billion worldwide. Only 9 percent of British steel exports go to the United States, and 70 percent go to Europe.

Tariffs mainly target high -grade steel used in the military, construction and automotive industries. Mr Chapman said Trump could use the move as a strategic game.

“These tariffs are only imported with £ 370m and therefore do not hit the UK. Trump may show that if the United Kingdom supports the United States, it will receive support instead.”

He also argued that the change could strengthen the British trade and the European Union. “Due to Brexit, this could be in Britain’s interest by increasing steel exports to Europe rather than the United States.”

While some steel prices are afraid, Mr Chapman rejected these concerns. “Why is prices go up? Britain simply exports more steel to Europe. In any case, prices can stay the same or even fall.”