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Great Britain `Wait and see ” on Trump – Politico’s pricing threat

Eleon by Eleon
February 10, 2025
in politics
0
Great Britain `Wait and see ” on Trump – Politico’s pricing threat

She told Sky News: “We have a very balanced commercial relationship with the United States, I think that 300 billion sterling of trade between our countries, and I think it is in the best interest of the two of us, As a long -standing ally and neighbors, which we continue with this balanced business.

“We will have to wait and see if the president becomes more precise on what he meant by this comment on the path of the Super Bowl.”

Risk of reprisals

About one tenth, total steel exports from the United Kingdom were sent to America in 2024. But for a British steel industry in difficulty faced with a long-term drop, these measures are not good news.

And in addition to that, this can only be the start of more widespread prices on various products entering the United States, which would result in serious world economic disruption.

The decision on reciprocal prices, which is expected to arrive on Tuesday or Wednesday, would be a major change compared to the previous threat of Trump to impose a rate at the top of all imports from the whole world.

Starmer and his ministers will reflect on the opportunity to retaliate against these prices-a decision that would plunge the United Kingdom into a trade war with the United States and potentially degenerate in other areas of the economy.

Allion Renison, from SEC Newgate, a former commercial and commercial policy advisor, said reprisals could put the UK “even more in the shooting line” new measures of Trump.

“The prospect of reciprocal universal rates that he recently launched could make much more important damage to the British economy,” she said.

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