Sir Keir Starmer has said the UK is “preparing for all eventualities” and “ruling nothing out” as global stock markets nervously await the imposition of Donald Trump’s so-called “Liberation Day” import tariffs.

Trump already announced a series of tariffs on steel, aluminium and vehicles coming into the US last month - and unlike other countries, the UK decided to not to set out plans to retaliate with tariffs of its own. Good morning and welcome to our weekly live coverage of Prime Minister's Questions.