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Donald Trump has prompt that the UK may escape punitive US tariffs, though he stated Britain was “approach out of line” and that he was contemplating whether or not to focus on its exports.
The US president informed reporters: “The UK is approach out of line, and we’ll see. However the European Union is actually out of line.
“UK is out of line however I’m certain that one, I believe that one might be labored out. However the European Union, it’s an atrocity what they’ve completed.”
Trump went on to say that he had developed a great early working relationship with Sir Keir Starmer, UK prime minister.
“Prime Minister Starmer has been very good,” he stated. “We’ve had a few conferences, we’ve had quite a few cellphone calls, we’re getting alongside very properly.”
The US president’s feedback got here after he imposed tariffs on Canada, China and Mexico, triggering a worldwide sell-off in shares and sending the US greenback larger.
Starmer has put nice emphasis on the rapport he believes he has established with Trump, notably at a dinner at Trump Tower final September earlier than the US elections.
However Downing Avenue officers admitted they do not know if Trump will hit the UK with tariffs, with one saying it was “early days”.
Starmer will journey to Brussels on Monday for talks with EU leaders, conscious that his try to “reset” relations with the bloc after Brexit dangers antagonising Trump.
His journey to a casual European Council assembly — the primary such assembly involving a UK premier since Brexit — will give attention to safety and defence co-operation.
Starmer desires improved commerce relations with the EU and can also be in search of to deepen commerce co-operation with US, notably within the discipline of companies and know-how.
He’s additionally planning to go to China later within the yr, insisting that Britain can and should pursue heat relations with every of the world’s strongest economies.
Final yr, Starmer informed a Metropolis of London viewers: “The concept that we should select between our allies — that someway we’re with both America or Europe — is apparent flawed. I reject it totally.”
Really useful
In response to US figures, America ran an general commerce surplus with the UK in 2023, amounting to $14.5bn. That places Britain in a beneficial place as Trump threatens international locations with vital deficits.
Nonetheless, the Workplace for Nationwide Statistics studies that the UK ran a commerce surplus with the US of £71.4bn, or about $89bn, in 2023.
“Utilizing America’s personal commerce knowledge supplies a shared and powerful basis when participating in discussions with our American associates,” joked one senior British official. Starmer is predicted to go to Washington later this month.