The UK said that Donald Trump should be excluded from tariffs threatening to export to the United States.
Jonathan Reynolds told the BBC that the United States had no product trade deficit with the United Kingdom.
President Trump has doubled his threat of imposing large tariffs on countries that sell products in the United States.
“I think we have a debate to be involved,” said Reynolds.
The BBC asked if the UK would be exempted from customs duties, given that there was no trade deficit between the two countries. The President did not respond directly, but instead talked about the US and Canada’s trading deficit and his plan to fix it.
The prospect of higher tax on imports to the United States is about many world leaders, and it is more expensive for companies to sell products in the world’s largest economy.
Trump told the World Economic Forum world managers that they could produce products in the United States or face hundreds of millions of dollars or $ 10 trillion duties.
However, Reynolds stated that the United States had no trade deficit with the United Kingdom.
“I know this is not only President Trump, but his whole administration is very serious,” he said.
“We have a service -based economy. The United States has no deficit, so if it is the logic of that position, we have a debate to be involved. I think.
Customs duties are the central part of Trump’s economic vision. He considers them to grow, protect employment, and raise tax revenue, but he also uses them to pursue other policies.
He states that he is already considering imposing 10 % of taxes on imports from China immediately on February 1, claiming that the synthetic opioid, Fentanyl, is sent to Mexico and Canada. Masu.
Trump also threatened 25 % tariffs in Canada and Mexico, quoting immigrants again in Fentanyl and his concerns.
However, since then, Trump has imposed tariffs and suggests that trade contracts may be on the table.
Separately, the Secretary of the year said that the UK had opened the possibility of following the EU rules for food and agricultural products to return to the European market without friction.
Reynolds stated that this agreement would lower all trade barriers in return, reflecting the EU’s rules and standards, and would not pass through the red line of the government.
The comments have occurred after the EU Trade Commissioner MAROS Sefcovic told the BBC that a new contract, including so -called dynamic consistency, is possible alongside other areas of the cooperation of the public’s customs.
Reynolds stated that Sefcovic’s tone was in line with what the government had already said about the “twin track strategy”.
“We can improve trade conditions with the EU in a way that does not revisit the discussions of customs unions, single market, and Brexit. Doing it while pursuing a closer trade link around the world. You can, “said Reynolds.
The Labor Party fought in last year’s British general election with Brexit -related barriers and deficits for exporting food and agricultural products to the European Union.
The problem was always how deep that agreement was. There is no solid decision yet, but it can be solved in the next few weeks.
Conservatives have expressed their anger in reporting new contracts on Britain and the EU trade. In the shadow of Foreign Foreign Affairs Dam Pretty Patel, the government has told the parliament that the EU is bending the knee.
The Liberal Democratic Party said that the government was not doing enough to make the trade with the EU smooth.
