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Pressed over whether the PM would characterise it as a "new era of protectionism", the spokesman said: "No, I wouldn't characterise it in any particular way apart from the fact that the global economic landscape is shifting, and we need to shift with it."

The PM pointed to increases in the minimum wage, falling NHS waiting lists and cuts to fuel duty as examples of the difference the government was making.

On Wednesday night, Italian PM Georgia Meloni said that while she considered the tariffs wrong, everything would be done to try and reach an agreement with the US.

However, following elections, he was replaced by current PM Navin Ramgoolam, who expressed concerns about the deal.

The PM is set to suggest the event will strengthen UK borders and take the burden away from British public services, while "giving hotels back to the local economy".