UK prime minister to admit ‘globalization is over’ in response to Trump tariffs: report

U.K. Prime Minister Keir Starmer will announce Monday that he understands the rationale behind President Donald Trump’s tariffs and that the West is entering a new economic era.

“The world has changed, globalization is over and we are now in a new era,” the prime minister’s office said in a statement to the Sunday Times. “We’ve got to demonstrate that our approach, a more active Labour government, a more reformist government, can provide the answers for people in every part of this country.”

The statement comes after Trump announced new tariffs on dozens of countries around the world on Wednesday, including a 10% levy on goods from the U.K.

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President Donald Trump and U.K. Prime Minster Kier Starmer (Getty Images)

While Starmer will still argue that tariffs are wrong, according to the Sunday Times report, the prime minister will also admit that he understands the rationale behind Trump’s move and why such policies have become increasingly popular with voters.

“Trump has done something that we don’t agree with, but there’s a reason why people are behind him on this,” the prime minister’s office said in the statement.

Starmer is expected to emphasize the failures of free trade and mass migration specifically during the address on Sunday, the report said, arguing that it has failed millions of voters. 

Prime Minister Keir Starmer is expected to announce a new economic era for the U.K., according to reports. (Leon Neal/Getty Images)

MUSK SAYS HE HOPES FOR ‘ZERO TARIFFS,’ FREEDOM OF TRADE ZONE BETWEEN US AND EUROPE

Meanwhile, the report noted that Trump ally Elon Musk seemingly publicly broke with the president during a video interview for an event in Italy Saturday, saying he hopes, eventually, for a “zero-tariff” solution between the U.S. and Europe one day.

“At the end of the day, I hope it’s agreed that both Europe and the United States should move, ideally, in my view, to a zero-tariff situation, effectively creating a free-trade zone between Europe and North America,” he said.

Musk also called for there to eventually be more “freedom” of movement between the two continents, an apparent break from Trump’s hard line on immigration.

Elon Musk said he hopes for a zero-tariff solution between the U.S. and Europe. (Brendan Smialkowski/AFP via Getty Images)

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“That’s what I hope occurs, and also more freedom of people to move between Europe and North America if they wish,” Musk said. “If they wish to work in Europe or wish to work in America, they should be allowed to do so, in my view. So that has certainly been my advice to the president.”

The White House did not immediately respond to a Fox News Digital request for comment.