Trump tariffs LIVE: Keir Starmer scrambles to secure UK-US deal after hammerblow

Donald Trump's long-awaited tariffs have sparked economic turmoil at home and abroad as market panic set in following the major change to US tax policy.

The president's announcement that all countries would now be subject to between 10% and 50% when selling goods to the world's biggest economy saw an immediate backlash, with the US dollar slumping nearly 2%.

will be working tirelessly to ensure the UK can carve out an economic prosperity deal for the UK.

But businesses and consumers will be fearing for the impact of the changes on them.

FOLLOW THE LIVE BLOG FOR THE LATEST ON THIS THROUGHOUT THE DAY