Trump’s tariff plan would hit UK trade as hard as Brexit, think tank warns
1 month ago

Trump’s tariff plan would hit UK trade as hard as Brexit, think tank warns

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s threatened tariffs could hit UK trade with the US as badly as Brexit affected trade with the EU, a leading think tank has warned, as campaigners call for Sir Keir Starmer to protect the UK by urgently rebuilding ties with Europe. And, in a bombshell report published today, the Resolution Foundation said the impact of Trump’s plans would hit UK firms as hard as the trade barriers that came into place after Brexit. open image in gallery Keir Starmer has rejected calls to prioritise the EU over the US under Donald Trump In a warning to Sir Keir ahead of Mr Trump’s inauguration next month, the Resolution Foundation said building closer ties with the EU “should remain a priority”, with 47 per cent of all UK exports heading for the bloc. Resolution Foundation senior economist Emily Fry said: “While Trump tariffs wouldn’t affect the UK economy as a whole as much as Brexit, their effect on firms who sell goods to the US could be stark.” The report comes amid Sir Keir’s effort to reset relations with Brussels, after years of acrimony under the Conservatives.

Europe Trade Brexit Trump Report Cent Britain European Tariffs Keir Starmer Goods Keir Mr Trump Tariff  report  plan  trump  brexit  goods  uk  hit  warns  trumps  hard  eu  tariff  tariffs  think  cent  tank  trade

History of this topic

“They better be careful”: Trump repeats tariff threats on EU
2 weeks, 3 days ago

“They better be careful”: Trump repeats tariff threats on EU

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trump also said he informed Mexico and Canada that …

Donald Trump’s tariffs will be ‘surgical’, president-elect’s former adviser warns
2 weeks, 3 days ago

Donald Trump’s tariffs will be ‘surgical’, president-elect’s former adviser warns

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump will impose “surgical” tariffs when he enters office, his …

Trump threatens EU with tariffs unless it makes ‘large scale’ purchase of US gas and oil
2 weeks, 5 days ago

Trump threatens EU with tariffs unless it makes ‘large scale’ purchase of US gas and oil

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trump has promised to impose more tariffs to lower the U.S.’s trade deficit and …

'Tariffs all the way!!!' Trump threatens allies in late-night comments
2 weeks, 5 days ago

'Tariffs all the way!!!' Trump threatens allies in late-night comments

Raw Story  

Donald Trump threatened to impose tariffs on U.S. allies in an overnight post demanding that the European Union close its trade gap. “I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas," Trump posted on Truth Social shortly after 1 a.m. "Otherwise, it …

Keir Starmer hits out at ‘dangers’ of tariffs in warning to Donald Trump
2 weeks, 6 days ago

Keir Starmer hits out at ‘dangers’ of tariffs in warning to Donald Trump

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Keir Starmer has hit out at the “dangers” of tariffs, …

Keir Starmer warns that the UK must avoid Trump's import tariffs as he vows to boost US trade when president takes office for the second time
2 weeks, 6 days ago

Keir Starmer warns that the UK must avoid Trump's import tariffs as he vows to boost US trade when president takes office for the second time

Daily Mail  

Britain must make sure it avoids attracting tariffs when Donald Trump retakes power in the US, Keir Starmer admitted today. Trump has vowed to introduce a range of tariffs during his second term in the White House, including a 10-20 per cent levy on all goods imports. Asked how he would dissuade Mr Trump from imposing tariffs on the UK, …

Trump will not do trade deal with UK as NI is ‘back door’ to the EU, MPs told
1 month ago

Trump will not do trade deal with UK as NI is ‘back door’ to the EU, MPs told

Hindustan Times  

US President-elect Donald Trump will not do a trade deal with the UK because Northern Ireland is a “back door” to the EU, MPs have been told. “I think it therefore is in the national interest, it’s in the Government’s interest, it’s in our trading interest, to fix this arrangement so that we can on the best possible terms pursue …

Prioritise ties with EU over relationship with Trump, UK voters urge Starmer
1 month ago

Prioritise ties with EU over relationship with Trump, UK voters urge Starmer

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Trump’s re-election has sparked fears of a global trade war The …

Trump tariffs could hit UK goods trade as hard as Brexit, says think tank
1 month ago

Trump tariffs could hit UK goods trade as hard as Brexit, says think tank

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Keir Starmer is stuck between a rock and a hard place over US and EU trade
1 month ago

Keir Starmer is stuck between a rock and a hard place over US and EU trade

The Independent  

Janus-like, Sir Keir Starmer insists that Britain does not have to choose between the United States and the European Union, saying: “Against the backdrop of these dangerous times, the idea that we must choose between our allies, that somehow we’re with either America or Europe, is plain wrong.” This ambiguity about British priorities or “cakeism”, to put it less kindly, …

Starmer seriously thinks the UK doesn’t need to choose between the US and the EU?
1 month ago

Starmer seriously thinks the UK doesn’t need to choose between the US and the EU?

The Independent  

The prime minister opened his Mansion House speech on foreign policy with another of his over-emphatic declarations. Now we go cap in hand to the people whom we thought we beat in war.” Keir Starmer is right to say “the national interest demands that we work with both” America and Europe. Blair, too, thought he didn’t have to choose between …

Can Keir Starmer trade his way around Trump’s tariffs?
1 month, 1 week ago

Can Keir Starmer trade his way around Trump’s tariffs?

The Independent  

No one knows for sure how Donald Trump will behave once in office – but the warning signs are all there, if you dare look. When it comes to the UK, Trump’s election win has already put into jeopardy Keir Starmer’s deal to hand over the Chagos Islands – where the UK and US share a major air force base …

UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds
1 month, 1 week ago

UK ready for ‘all eventualities’ if Trump launches trade war, says Reynolds

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK is prepared for …

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?
1 month, 1 week ago

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

Associated Press  

WASHINGTON — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. “Imposing tariffs on trade flows into the United States without first preparing alternative sources for the goods and services affected will raise the price of imported items at once,” Weinberg and …

Levi’s and Jack Daniel’s ‘on tariff hit list’ if Trump targets Britain
1 month, 1 week ago

Levi’s and Jack Daniel’s ‘on tariff hit list’ if Trump targets Britain

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sir Keir Starmer could hike taxes on American staples including Harley …

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
1 month, 2 weeks ago

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs

CNN  

CNN — President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies and adversaries to come to the negotiating table on immigration and trade issues, a transition official told CNN. “We know what works.” Trump’s posts Monday on Truth Social appeared to be the opening act in a long-promised …

Donald Trump’s tariff plans for China, others may cost UK $25 billion
1 month, 2 weeks ago

Donald Trump’s tariff plans for China, others may cost UK $25 billion

Firstpost  

If US President-elect Donald Trump imposes tariffs as he promised on the campaign trail, the British economy could contract by 0.9% and lose up to $25 billion, according to an analysis Republican presidential nominee and former US President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, US, July 27, 2024. File Image/Reuters US President-elect Donald Trump’s trade …

We’d side with EU against Trump in trade war, suggests Cabinet minister
1 month, 3 weeks ago

We’d side with EU against Trump in trade war, suggests Cabinet minister

The Telegraph  

Addressing the House of Lords International Agreements Committee on Monday, Mr Reynolds said: “To state the obvious, tariffs on UK goods entering the US would be a difficult thing for us to have to contend with. “But compared to the EU with over £800bn of bilateral trade, clearly if there are things that we are offered or asked to do …

If Donald Trump demands that Britain chooses between EU and US, there is only one answer we can give
1 month, 3 weeks ago

If Donald Trump demands that Britain chooses between EU and US, there is only one answer we can give

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Hence the comment from Stephen Moore, …

Starmer warned not to take Trump bullying ‘on the chin’ after senior adviser issues EU Brexit trade threat
1 month, 3 weeks ago

Starmer warned not to take Trump bullying ‘on the chin’ after senior adviser issues EU Brexit trade threat

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

UK turning away from EU ‘socialism’ would spur Trump on trade deal, adviser says
1 month, 3 weeks ago

UK turning away from EU ‘socialism’ would spur Trump on trade deal, adviser says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump would be more …

Step up Brexit reset or European allies will lose patience, Starmer warned
1 month, 3 weeks ago

Step up Brexit reset or European allies will lose patience, Starmer warned

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. In a speech …

EU warned to prepare for early Trump tariff action
1 month, 3 weeks ago

EU warned to prepare for early Trump tariff action

Politico  

“He’s trying to address that disparity and make our tariff rates more reciprocal,” Shaw said. Finally, the U.S. trade deficit with the EU has risen sharply since Trump’s first term. European leaders should not assume that Trump’s tariff threats are “just a bluff, or that it’s not going to happen,” said Everett Eissenstat, who was deputy assistant to the president …

Trump's 'America first' policy may undo Brexit impact, play into Starmer's UK-EU relations 'reset'
1 month, 3 weeks ago

Trump's 'America first' policy may undo Brexit impact, play into Starmer's UK-EU relations 'reset'

Firstpost  

UK Prime Minister Keir Starmer has been vocal about a “reset” in UK-EU relations but ruled out rejoining the single market or customs union As US President-elect Donald Trump prepares to return to the presidency, his “America First” trade stance could complicate Britain’s post-Brexit global ambitions. British officials are bracing for Trump’s proposed tariffs, which would impact British exports to …

DANIEL HANNAN: Trump's election is a golden opportunity for Britain to secure the US trade deal we've wanted for decades - if Keir Starmer has the courage to seize it
1 month, 3 weeks ago

DANIEL HANNAN: Trump's election is a golden opportunity for Britain to secure the US trade deal we've wanted for decades - if Keir Starmer has the courage to seize it

Daily Mail  

What an opportunity for Britain – if we have the courage to seize it. Donald Trump is signalling that he is open to the kind of trade deal that successive British governments have been pushing for for 40 years. Trump on a State visit in 2019 - he takes huge pride in having met the Royal Family, and often shows …

Threat looms for UK trade: Britain has a lot to lose should Trump get his way on tariffs, warns ALEX BRUMMER
1 month, 4 weeks ago

Threat looms for UK trade: Britain has a lot to lose should Trump get his way on tariffs, warns ALEX BRUMMER

Daily Mail  

The significance of Britain’s trade with the US cannot be underestimated. The president-elect aims for a 60% tariff on China UK Trade & Investments says that the US is not only Britain’s biggest trading partner but is among the countries of the world with which we have a trade surplus. Britain has more to lose or gain should Donald Trump …

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns
1 month, 4 weeks ago

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s plans to impose huge tariffs on imports are a …

UK must boost ties with EU following Trump’s re-election, Starmer told
1 month, 4 weeks ago

UK must boost ties with EU following Trump’s re-election, Starmer told

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Gozi’s intervention …

Trump to target EU over UK in trade war as he wants to see ‘successful Brexit’, former staffer claims
1 month, 4 weeks ago

Trump to target EU over UK in trade war as he wants to see ‘successful Brexit’, former staffer claims

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A possible trade war with the US will not be as …

What are Trump’s tariff plans and what could they mean for the UK?
1 month, 4 weeks ago

What are Trump’s tariff plans and what could they mean for the UK?

The Independent  

Donald Trump’s election has sparked fears of a global trade war after his campaign pledge to impose levies of 10 to 20 per cent on all goods imported from US trading partners, and up to 60 per cent and 100 per cent for China and Mexico. If the president-elect were to impose 10 per cent tariffs on all goods imported …

New Tory leader Kemi Badenoch tells Keir Starmer to dust off plans for a US free-trade deal warning that Donald Trump's plan for import tariffs will be 'terrible news' for Britain
1 month, 4 weeks ago

New Tory leader Kemi Badenoch tells Keir Starmer to dust off plans for a US free-trade deal warning that Donald Trump's plan for import tariffs will be 'terrible news' for Britain

Daily Mail  

Keir Starmer must urgently dust off Tory plans for a free trade deal to avoid being damaged by Donald Trump's 'terrible' protectionist economic plans, Kemi Badenoch warned today. Writing in the Telegraph today, Ms Badenoch said that a deal was 'one of the biggest Brexit prizes', adding: 'If President Trump does pursue a new protectionist tariff regime it would be …

No 10 ‘wargaming’ retaliatory measures to Trump trade tariffs
2 months ago

No 10 ‘wargaming’ retaliatory measures to Trump trade tariffs

The Telegraph  

A Government source said: “We have had advice on this from day one, including wargaming tariffs. “As anyone would expect, we monitored the US election campaign closely and made sure we were well prepared for any outcome.” “We will continue to monitor developments to ensure we are placing Britain in the best possible position.” It comes despite rumours of Mr …

Donald Trump would ‘certainly’ do trade deal with UK, says Boris Johnson
2 months ago

Donald Trump would ‘certainly’ do trade deal with UK, says Boris Johnson

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Ditch Brexit trade barriers, Starmer told amid fears over impact of Trump tariffs
2 months ago

Ditch Brexit trade barriers, Starmer told amid fears over impact of Trump tariffs

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr …

Trump ‘will go easy on Britain because of Brexit’
2 months ago

Trump ‘will go easy on Britain because of Brexit’

The Telegraph  

Mr Trump is expected to move quickly on trade policy after he is sworn into the White House in January as he views them as a key negotiating tool with US trade partners. “Whether or not there is a political party bias or not, I can’t tell.” Prime Minister Keir Starmer’s potential working relationship with Mr Trump came under pressure …

How Trump’s comeback could finally deliver on the promise of Brexit
2 months ago

How Trump’s comeback could finally deliver on the promise of Brexit

The Telegraph  

David Lammy, the Foreign Secretary, has said that he would seek to broker a deal. “We will seek to ensure and to get across to the United States, and I believe that they would understand this, that hurting your closest allies cannot be in your medium or long-term interests, whatever the pursuit of public policy in relation to some of …

Lammy: UK will seek to persuade Trump hiking tariffs is not in his interest
2 months ago

Lammy: UK will seek to persuade Trump hiking tariffs is not in his interest

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. David Lammy said he would seek to “get across” to the United States that …

Europe cannot rely on Trump’s protection – it must take the lead on defence
2 months ago

Europe cannot rely on Trump’s protection – it must take the lead on defence

The Independent  

Even if it was through gritted teeth, most world leaders sent warm, boilerplate congratulations to Donald Trump after his decisive victory in the presidential election. British government ministers did their best to play down some embarrassing tweets dating back to Mr Trump’s first term in the White House, stressing the strength of the special relationship. As a result, Mr Macron …

How Donald Trump could propel Britain back towards the EU
2 months ago

How Donald Trump could propel Britain back towards the EU

The Independent  

The return of Donald Trump could have two different effects on European politics. But if Trump withdraws support for Volodymyr Zelensky, that will pose painful questions for European countries about how much extra they are prepared to spend to defend the Ukrainian people against Vladimir Putin’s aggression. I suspect that Starmer’s plan is to wait and see whether Trump goes …

What will a Trump White House mean for Britain’s global trade ambitions?
Trending News
2 months ago

What will a Trump White House mean for Britain’s global trade ambitions?

The Independent  

Though few voice it so crudely, one of the great worries on the minds of British policymakers is whether the soon-to-be-reincarnated President Trump will slap tariffs on UK exports to the United States. The more romantically inclined, preferring to ignore Donald Trump’s record and harsh anti-trade rhetoric, might still wonder if that ever-so-elusive UK-US free trade agreement might even, maybe, …

Trump trade war could spark 'economic nightmare' for UK and Europe
2 months ago

Trump trade war could spark 'economic nightmare' for UK and Europe

Daily Mail  

Donald Trump's re-election could start a trade war that would be an 'economic nightmare' for Britain and Europe, analysts warned last night. Analysts at ING bank yesterday said Trump's re-election was 'Europe's worst economic nightmare come true', warning investors: 'A looming new trade war could push the eurozone economy from sluggish growth into a full-blown recession.' Major concerns: Donald Trump's …

ALEX BRUMMER: Trump tariff plans pose threat to growth
Trending News
2 months ago

ALEX BRUMMER: Trump tariff plans pose threat to growth

Daily Mail  

Detailed exit polling will eventually show why Republicans with Donald Trump on the top of the ballot were triumphant in the US election. Even though the Biden White House can claim success for growth, which hit 2.7 per cent in the third quarter, there was little cut-through for the Democrats. Tariffs: On the campaign trail, Trump proposed a 60% additional …

UK could attempt to talk Trump out of tariff war, Reeves tells MPs
Trending News
2 months ago

UK could attempt to talk Trump out of tariff war, Reeves tells MPs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK will make “strong …

Trump Policies Cloud Bank of England’s Path to Future Rate Cuts
2 months ago

Trump Policies Cloud Bank of England’s Path to Future Rate Cuts

Live Mint  

The Bank of England is all but assured to cut interest rates by another quarter point this week, but a second US presidential term for Donald Trump has cast new uncertainty over future policy easing in the UK. Ward agreed that a rate cut on Thursday was “a done deal, as adding to market volatility by not cutting would not …

How a Trump presidency could blow the British economy out of the water
Trending News
2 months ago

How a Trump presidency could blow the British economy out of the water

The Independent  

What will Keir Starmer be most worried about as he contemplates a second Donald Trump presidency? However, it is now dawning on UK ministers that Trump’s threat to impose 60 per cent tariffs on imports from China and 10 or 20 per cent on those from everywhere else including the UK, could inflict huge damage on the British economy. One …

DANIEL HANNAN: Labour look utterly stupid for calling Trump rude names. But here's the one thing Keir Starmer could do to build bridges
2 months ago

DANIEL HANNAN: Labour look utterly stupid for calling Trump rude names. But here's the one thing Keir Starmer could do to build bridges

Daily Mail  

For Sir Keir Starmer, this is the worst possible result. Newly re-elected President Donald Trump despises weakness and seems to despise Starmer Seriously? But a badly-phrased LinkedIn post from a Labour source in October – since deleted – made it look as though the party was using official resources to help Kamala Harris, prompting accusations of 'foreign election interference' by …

Why Trump could crush the British economy
2 months, 1 week ago

Why Trump could crush the British economy

The Telegraph  

Donald Trump has a flair for turning usually mundane or technocratic topics into powerful material for his presidential campaign. It’s more beautiful than anything.” The former, and potentially future, president of the US is proposing major new taxes on trade. The US is Britain’s biggest individual trading partner, accounting for 17.7pc of all our international trade. Britain’s exports to the …

EU Readies Measures Against Possible Trump Tariffs
2 months, 3 weeks ago

EU Readies Measures Against Possible Trump Tariffs

Bloomberg  

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. The EU wants to avoid a trade conflict with the US, but it will be ready to respond if Donald Trump wins the election and acts on his threat to hit Europe with punitive trade measures. The bloc has prepared a …

Dire Brexit EU trade figures could get even worse, warns expert
3 months, 3 weeks ago

Dire Brexit EU trade figures could get even worse, warns expert

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please …

Discover Related