The era of globalisation as we know it 'has come to an end', UK minister says

Here is some more reaction to the tariffs from London, where ministers are weighing up a response to Trump’s higher levies, reports The Guardian.

Darren Jones, chief secretary to the Treasury, has been speaking to Laura Kuenssberg on her BBC Sunday politics programme. Here is a roundup of what he said:

People should be prepared for things to be tougher in the global economy.

Globalisation has “come to an end” in the wake of the new tariffs. Asked if the era of “cheap fast-fashion or cheap TVs” was over, Jones said: “Yeah, it’s ended. Globalisation, as we’ve known it for the last number of decades, has come to an end.”

It is in the best interest of the British economy and workers to “get trade deals across the line”.

Jones said the government thinks a deal with Trump on tariffs can be reached, with talks ongoing. “We’re hoping to do a deal,” Jones said, adding that “we have a better outcome than other comparable countries as a consequence of our diplomacy”.