London – British Prime Minister Keir Starmer is poised to make a landmark address on Monday, signalling the end of the globalisation era that began in the aftermath of the Soviet Union's collapse in 1991. The announcement comes in the wake of U.S. President Donald Trump’s sweeping trade measures, including a 10% baseline tariff imposed on April 2, which has cast a shadow over global markets.
According to a report by The Times, Starmer will highlight how decades of globalisation have failed to deliver for working-class voters across many developed economies. His address is expected to mark a strategic shift in the UK’s economic stance, acknowledging the challenges posed by rising protectionism and economic nationalism.
The British Prime Minister is also expected to acknowledge Trump’s “economic nationalism,” a doctrine that has found increasing resonance worldwide. “Globalisation does not work for a lot of working people,” Starmer is quoted as saying in the report. “We don’t believe trade wars are the answer. This is a chance to show that there’s a different path.”
While the UK government reportedly disagrees with Trump’s tariff regime, officials recognise that the global economic order is undergoing a fundamental realignment. A senior UK official told The Times that the Starmer administration views this as the dawn of a new era — one where Trump’s reciprocal trade measures are gaining traction.
Trump’s April 2 announcement, dubbed “Liberation Day,” unveiled a new round of “discounted reciprocal tariffs” on countries that levy higher duties on U.S. imports. “To all of the foreign presidents, prime ministers, kings, queens, ambassadors and everyone else who will soon be calling to ask for exemptions from these tariffs, I say, ‘Terminate your own tariffs, drop your barriers,’” Trump declared.
In response to the shifting global dynamics, Starmer is expected to advocate for increased national productivity and economic reform. He reportedly believes that the global push toward tariff barriers will force countries to strengthen domestic industries and reorient their economies toward self-reliance.
The Prime Minister's remarks align with recent warnings from business leaders. Just last month, HSBC Chairman Sir Mark Tucker stated that globalisation “may have now run its course,” citing mounting geopolitical tensions and the rise of regional trade blocs as likely outcomes of Trump’s aggressive trade strategy.
As the global order adjusts to new economic realities, Starmer's speech may well mark a defining moment in Britain's post-Brexit trajectory — one that prioritises local growth and resilience over multilateral liberalisation.
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