Kiel’s Starme should strongly fight back against Donald Trump if he imposes punitive tariffs on British exports, senior British and EU diplomats said amid growing fears that the US president could trigger a global trade war with devastating effects on the UK economy.
British government officials in London and Washington are working desperately this weekend to persuade more important British industries not to take their duties on what Trump calls “liberation day” on Wednesday. The US President has already announced plans to levy 25% on the imports of automobiles, steel and aluminum into the United States.
Today, one of the key battlefields exceeds Washington’s threat of imposing a 25% tariff on each other on blankets on all countries that impose VAT on US exports. These countries include the UK and EU countries. The US does not impose VAT on imports.
The Office of Budget Responsibility (OBR) warned last week that a 20% increase in tariffs between the US and the world would cut UK growth by 1% and “completely eliminate” £9.9 billion in its £9.9 billion fiscal room.
Based on the level of tariffs imposed on the UK, priority appears to be waiting to determine how to respond.
He is told by government officials that he is ready to “act in the national interest” if Trump hits the UK violently. However, his team also says it is “practical” when necessary. It suggests that he cannot immediately retaliate, with the aim of creating terms to sign a wider UK trade deal, hoping to spend time talking to Trump.
Priorities have already been warned by Trump “pervasive” by liberal Democrats by imposing savage welfare cuts, including those with disabilities, as well as cutting large taxes on US tech companies.
The diplomat says the priorities that refused to issue words of criticism against Trump after returning to the White House must prepare the US president to retaliate or carry out the risk that his opponent will not fight back by repeating the same tactics.
Speaking to the observers, former British ambassador for Washington Kim Dalotch said recent experiences from Canadian Prime Minister Mark Carney should learn from Mark Carney’s experiences that seem to have eased Trump’s tariff threat by easing Canada’s warnings of strong retaliation and revealing the threat of the US president. “It’s clear that the US is no longer a reliable partner,” Carney said.
Lord Dalotch said: “I understand that we are facing deep damage to US tariffs on UK cars, steel and aluminum. The government should think about concessions such as cutting digital taxes. But they need to be wary of giving Trump a victory. A robust and rebellious response to the US tariff threat, Mark Carney’s liberals, from 14 points in the Canadian Conservatives at the end of January to eight points last week.”
Trump is expected to impose less punitive tariffs on the UK than EU members.
Joan Vert de Almeida, former EU ambassador to the US and the UK, said he does not expect the UK to retaliate in a way that the EU is detained. However, he said it is important that in some way be prioritized by criticizing the way the US president used tariffs as a policy tool.
“He (Stame) should at least condemn the tariffs, as at least the tariffs are bad for everyone,” Valle de Almeida said.
In a spring statement last week, Reeves, who is said to be against retaliation against US tariffs, said “the world economy has become more uncertain,” but it was Trump who promoted uncertainty and created conditions that the World Trade War could perfectly be.
By contrast, Carney took over Trump and told him on Wednesday that Canada would retaliate against the US with its own tariffs. However, Kearney and Trump rang out a more friendly note after their phone call on Friday. Kearney’s office described it as “a very constructive conversation,” and Trump said in a social media post that the call was very productive.
A poll in the Observer opinion states that after the spring statement, only 11% of UK voters expect the economy to improve in the next 12 months, with 23% saying it will remain the same and 61% will worsen.
About 17% say they expect their finances to improve, while 38% say they stay the same, and 41% say they will get worse.
Voters in this country are relatively inadequately assessing the UK economy compared to other large economies, particularly China. The UK economy is rated as just 9% of Chinese voters, with 10% being roughly the same, and 43% saying it’s bad. Only 15% say the UK economy is better than the US economy, with 16% saying it’s roughly the same, while 36% say it’s bad.
