Why Starmer’s trade diplomacy may still bear fruit despite 10% tariffs on UK
Retaliation may not be needed as Britain likely to be ‘front of the queue’ in agreeing deal to redraw trade relationshipWhat is the best way to respond to Donald Trump and his sweeping tariffs? Keir Starmer thinks the answer is to tread softly, softly – while engaging in intensive negotiations behind the scenes.There are signs that this strategy is bearing fruit. On Wednesday night, the president announced “reciprocal tariffs on countries throughout the world” including a 10% import tax on UK exports to the US – crucially, lower than the 20% imposed on the EU. The 10% rate was the lowest imposed by the US and was imposed on several other countries. Continue reading...
Retaliation may not be needed as Britain likely to be ‘front of the queue’ in agreeing deal to redraw trade relationship
What is the best way to respond to Donald Trump and his sweeping tariffs? Keir Starmer thinks the answer is to tread softly, softly – while engaging in intensive negotiations behind the scenes.
There are signs that this strategy is bearing fruit. On Wednesday night, the president announced “reciprocal tariffs on countries throughout the world” including a 10% import tax on UK exports to the US – crucially, lower than the 20% imposed on the EU. The 10% rate was the lowest imposed by the US and was imposed on several other countries. Continue reading...
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