News Elementor

RECENT NEWS

Why the UK Has Not Retaliated to Trump’s Tariffs


Britain is parting company with the European Union by not retaliating to the tariffs that President Trump imposed on steel and aluminum imports on Wednesday, as Prime Minister Keir Starmer calculates that he can negotiate a trade deal with the United States that would spare his country in the long term.

The approach contrasts sharply with that of the European Union, which hit back swiftly with retaliatory measures on American exports, including Harley-Davidson motorcycles, bourbon and jeans, and top European officials have warned about the uncertainty Mr. Trump’s policies are causing. By contrast, British officials have expressed only muted disappointment that they have been swept into Mr. Trump’s protectionist net.

“We are focused on a pragmatic approach and are rapidly negotiating a wider economic agreement with the U.S. to eliminate additional tariffs and to benefit U.K. businesses and our economy,” Jonathan Reynolds, Britain’s trade and industry secretary, said.

Mr. Reynolds added that Britain was not taking any potential action off the table. But Mr. Starmer, who has energetically lobbied Mr. Trump to exempt the country from tariffs, believes that he can ultimately persuade Mr. Trump that Britain’s trade relationship with the United States is balanced.

Britain runs either an $89 billion trade surplus or a $14.5 billion deficit with the United States, depending on whether one cites British or American statistics. The difference rests in part on how the two sides treat offshore financial centers such as Jersey and Guernsey, which are crown dependencies.

“He was working hard, I’ll tell you that,” Mr. Trump said, after Mr. Starmer lobbied him against tariffs at a White House meeting late last month. “He earned whatever the hell they pay him over there.”

Mr. Starmer has also been pushing Mr. Trump to provide American security guarantees to Ukraine as part of a peace negotiation with Russia. The two leaders have spoken regularly by phone since their meeting, as Mr. Starmer has tried to help heal Mr. Trump’s rift with President Volodymyr Zelensky of Ukraine.

But Britain’s decision not to retaliate to the tariffs could complicate Mr. Starmer’s other big priority: to draw his country closer to the European Union after Brexit. The crisis over Ukraine has given the prime minister a chance to collaborate with the European Union on defense and security, and he clearly hopes it could lead to closer trade and economic links.

The divergent responses to the tariffs are a reminder that, in some respects, Britain still faces a choice between the United States and Europe.


Britain is parting company with the European Union by not retaliating to the tariffs that President Trump imposed on steel and aluminum imports on Wednesday, as Prime Minister Keir Starmer calculates that he can negotiate a trade deal with the United States that would spare his country in the long term.

The approach contrasts sharply with that of the European Union, which hit back swiftly with retaliatory measures on American exports, including Harley-Davidson motorcycles, bourbon and jeans, and top European officials have warned about the uncertainty Mr. Trump’s policies are causing. By contrast, British officials have expressed only muted disappointment that they have been swept into Mr. Trump’s protectionist net.

“We are focused on a pragmatic approach and are rapidly negotiating a wider economic agreement with the U.S. to eliminate additional tariffs and to benefit U.K. businesses and our economy,” Jonathan Reynolds, Britain’s trade and industry secretary, said.

Mr. Reynolds added that Britain was not taking any potential action off the table. But Mr. Starmer, who has energetically lobbied Mr. Trump to exempt the country from tariffs, believes that he can ultimately persuade Mr. Trump that Britain’s trade relationship with the United States is balanced.

Britain runs either an $89 billion trade surplus or a $14.5 billion deficit with the United States, depending on whether one cites British or American statistics. The difference rests in part on how the two sides treat offshore financial centers such as Jersey and Guernsey, which are crown dependencies.

“He was working hard, I’ll tell you that,” Mr. Trump said, after Mr. Starmer lobbied him against tariffs at a White House meeting late last month. “He earned whatever the hell they pay him over there.”

Mr. Starmer has also been pushing Mr. Trump to provide American security guarantees to Ukraine as part of a peace negotiation with Russia. The two leaders have spoken regularly by phone since their meeting, as Mr. Starmer has tried to help heal Mr. Trump’s rift with President Volodymyr Zelensky of Ukraine.

But Britain’s decision not to retaliate to the tariffs could complicate Mr. Starmer’s other big priority: to draw his country closer to the European Union after Brexit. The crisis over Ukraine has given the prime minister a chance to collaborate with the European Union on defense and security, and he clearly hopes it could lead to closer trade and economic links.

The divergent responses to the tariffs are a reminder that, in some respects, Britain still faces a choice between the United States and Europe.

Reporter US

RECENT POSTS

CATEGORIES

Leave a Reply

Your email address will not be published. Required fields are marked *

The US Media

The US Media is a dynamic online news platform delivering timely, accurate, and comprehensive updates across a range of topics, including politics, business, technology, entertainment, and sports. With a commitment to credible journalism, United News provides in-depth analyses, breaking news, and thought-provoking features, ensuring readers stay informed about global and local developments.

SUBSCRIBE US

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution