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Keir Starmer urged to get tough with Trump as US tariff threat looms
- Senior diplomats urge Keir Starmer to push back against potential punitive tariffs by Donald Trump on British exports amid fears of a global trade war and its impact on the UK economy.
- Efforts are underway to dissuade Trump from imposing 25% levies on car, steel, and aluminum imports to the US, with a focus on preventing reciprocal tariffs due to VAT differences between the US, UK, and EU.
- OBR warns that a 20% increase in tariffs would slash UK growth by 1% and eliminate fiscal headroom, prompting Starmer to assess the situation and consider potential actions in the national interest.
- Starmer's approach includes being prepared to act pragmatically to pave the way for a broader UK-US trade deal, while facing pressure not to appease Trump through tax concessions for US tech firms amidst welfare cuts.
- Former UK ambassador Kim Darroch suggests Starmer learn from Canadian PM's tough stance on tariffs, emphasizing the need to avoid giving Trump victories that may lead to repeated tariff tactics.
- It is anticipated that Trump may impose less severe tariffs on the UK compared to EU states, with calls for Starmer to condemn tariffs and criticize Trump's tariff policy approach to safeguard national interests.
- Amid economic uncertainty, Starmer is encouraged to push back against US tariffs, acknowledging their detrimental impact on everyone, as polls show concerns over the economy and financial outlook among UK voters.
- Following Reeves' spring statement, which addressed global economic uncertainty without attributing it to Trump, there is scrutiny on how different leaders confront US tariff threats, with Carney's confrontational stance towards Trump noted.
- Opinium poll reveals pessimism among UK voters regarding economic improvement, with ratings of the UK economy comparatively lower than China and the US, emphasizing concerns over financial prospects.
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