After all – the meeting of the Oval Office, the Extraordinary Royal Call, Paeans to the “Special Relationship” – Britain and the Twitter Prime Minister, Care StarmerHe is still wasted by President Trump’s tariff, along with the European Union and the main American trading partners.
Mr. Trump imposed the primary introduction of 10 percent on Britain, while it reached 20 percent to the European Union. Sighs from Mr. Starmer’s assistants, who said that the team would protect thousands of British jobs. Pray for justifying the magic of Mr. Starmer an attack against the American President; Others said it was profits from Britain’s decision to leave the European Union in 2016.
However, this was the victory of Brahidi: Britain was subject to the same blanket tariffs as dozens of countries, although the United States runs a trade surplus with Britain, according to American statistics.
Britain clearly hopes to deal with Mr. Trump on the road, which may avoid his permanent impact. On Thursday, Mr. Starmer told business executives that the British would interact with “cold and quiet heads”.
The question is whether he will adhere to his strategy – the pressure resistance to imposing revenge definitions, for example – or falls on a floor with other countries, such as Canada, to return to the United States. Downting Street said he would not impose measures against Tat while commercial talks were ongoing.
“His strategy has so far been completely understood,” said Jonathan Portz, professor of economics and public policy at King’s College College London. “If you were, I would do the same. Now you need to avoid confrontation for it, but there is no benefit to recover too.”
Professor Ports said that the targeted retaliatory moves may be logical as a negotiating tactic. He said that a comprehensive tariff for American goods will only deepen the damage to the British economy, which was declining even before Mr. Trump announced his measures on Wednesday.
Britain has bargaining chips at its disposal, including limiting Current tax 2 percent on digital services. Professor Ports said that Britain can play a solid ball in other ways – for example, behaving against X, the social media platform owned by Elon Musk, Mr. Trump’s ally. Critics accused the exciting hate speech platform, while Mr. Musk X used the campaign against the government of Mr. Starmer.
If Mr. Starmer fails to extract anything more than Mr. Trump after all his efforts, he may embarrass him politically. But analysts said that the greatest threat was the influence on the slow economy in Britain. The budget responsibility office, an independent financial monitor, said that the definitions of up to 20 percent may reduce the British economy by 1 percent next year. 1.9 percent was expected.
Britain’s financial affairs are already subjected to severe pressure. Treasury Adviser, Rachel Reeves, Increasing taxes on employers and plans significant discounts in social welfare To cover spending on exhausted services, meet their promise to budget budget and reduce debt levels.
Britain, with its small open economy, is very subject to the effects of the trade war. British officials, under the leadership of Washington Ambassador, Peter Mandleson, have been negotiated with the White House to avoid these definitions. They did not criticize the previous tariffs on steel and aluminum, or on vehicles, which came into effect on Thursday.
Jonathan Reynolds, Minister of Business and Trade who participated in the talks, said the word was “pragmatism”. On Tuesday, the BBC was told that Britain was in “the best possible position on any country” to reflect the definitions.
Britain runs either a trade surplus of $ 89 billion or a deficit of $ 14.5 billion with the United States, depending on whether one of them cited British or American statistics. (The difference is partially dependent on how the two sides deal with external financial centers such as Jersi and Guernsey, the dependency of the crown.) Trade in goods, which Mr. Trump is relatively more balanced.
Among the British exporters who face the turmoil of the luxury auto industry, as automobile makers such as Jaguar, Bentley, Rolls -Royce and Aston Martin have no assembly factories in the United States. More than 40,000 British companies exported the goods to the United States in 2023, according to customs data.
Mr. Starmer faces an accurate account in determining how to respond to Mr. Trump. Given the president’s lack of popularity in Britain, analysts said that Mr. Starmer and his Labor Party could be a short -term benefit through revenge.
“Standing to Trump may be proportional to what he was trying to do, which makes the National Party work,” said Stephen Fielding, a honorary professor in political history at the University of Nottingham.
It will also lead to the preparation of the work from Romost UK, a anti -immigration party, with the leader of Nigel Faraj, close ties to Mr. Trump. Mr. Starmer will be allowed to approach the European Union, which is expected to impose his counter -measures.
Professor Fielding said that the response to Mr. Trump “may be a short -term political gain,” but for Mr. Starmer in the long term, “any kind of customs tariff war can harm the economy, which will harm the possibility of its re -election.”
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