this post was submitted on 29 Mar 2025
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Keir Starmer should fight back strongly against Donald Trump if he imposes punitive tariffs on British exports, senior UK and EU diplomats said on Saturday night, amid heightened 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 frantically this weekend to try to persuade Trump not to slap duties on more key UK industries on what he is calling “liberation day” on Wednesday. The US president has already announced plans for 25% levies on imports of cars, steel and aluminium to the US.

. . .

The Office for Budget Responsibility (OBR) warned last week that a 20% increase in tariffs between the US and the rest of the world would cut UK growth by 1% and “entirely eliminate” the £9.9bn of fiscal headroom that the chancellor, Rachel Reeves, restored in the public finances by a painful programme of welfare and other cuts in her spring statement last week.

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[–] [email protected] 1 points 5 days ago

See your point, thanks.