A prominent figure across the Atlantic delivered a stern warning about imposing hefty trade measures on another administration if its contentious approach persists, prompting renewed debate among Western leaders over possible collective responses.

Experts warn Reeves may have to increase taxes again, amid mounting pressure to shore up public finances and address persistent economic challenges.

Concerns are being raised over new fiscal measures that, according to official figures, could leave roughly three million households worse off, sparking debate about whether the pursuit of budget targets is overshadowing support for lower-income families.

In the upcoming statement, the Chancellor is set to confirm welfare changes and a defence spending boost, while addressing concerns over higher taxes as part of an effort to secure Britain’s future, with some experts warning that these steps may not fully prevent further economic pressures.