The UK escapes worse than Trump’s anger, but says the drawings are “threat”

UK’s Business Minister Jonathan Reynolds said the country is “a threat” to its open economy from any global repercussions from the new definition system for Trump, which included the 10 % basic line “similarly on British goods exported to the states.

The UK escaped relatively safely compared to many other countries, and facing the lowest trade tariff announced by President Trump on Wednesday, Thanks to its largely balanced trade in the goods with the states.

The US -run trade deficit has been used with many trade partners by the White House to a large extent to calculate the level of tariff that must be imposed on specific countries or lands.

I realize that the United Kingdom was in a better position than many countries, however Reynolds said Britain was subject to turmoil in other parts of the world that amounts to a higher tariff, such as the European Union, which will witness a 20 % imposition on goods exports to the United States to the United States

Jonathan Reynolds told Radio Times on Thursday.

He said that the government will continue to work to conclude a commercial deal with the Trump administration and hope to obtain a tariff. The counter -measures did not rule out “if we needed it.”

The UK was hoping to appear from the Trump definition system relatively safely compared to other American merchant partners, given the most balanced commercial relationship between the two countries when it comes to importing goods and exports.

Trump has long been one of America’s trade deficit with his neighbors and competitors, including Canada, China, Mexico and the European Union.

The UK is already subject to a 25 % tariff on steel and aluminum imports announced by Trump in February, along with a 25 % duty on “all cars that were not made in the United States.” The last tax entered into force on Wednesday.

Before the customs tariff, Britain was hoping to conclude a deal with the White House to avoid new duties, but UK Prime Minister Kiir Starmer tried to reduce expectations by saying the tariff.

Starmer said Britain continued to work on an economic deal with the United States, and that “rapid progress” was made, but he warned that the agreement could take time.

“I don’t think anyone wants to see the definitions,” Starmer Sky News said on monday. “We are working hard on an economic deal that we have made quickly, and I hope we can make really quick decisions,” he said.

He added: “The possibility is that there is a tariff.

The UK Trade Secretary, Jonathan Reynolds, insisted on BBC on Tuesday that the ongoing talks with the Trump administration means Britain. He was in “the best possible position on any country” to reflect commercial duties.