UK-US trade fair, no 10 trump tariff faces fear

Downing Street has stated that the UK and the US have a “fair and balanced trading relationship that benefits both sides of the Atlantic”.

US President Donald Trump signed taxes on taxes imported from other countries – 25% on Canada and Mexico on taxes imported from other countries, and threatened a similar action against the European Union.

Asked about the UK, Trump told the BBC that the business relationship was “out of the line”, but could be “worked”.

The Prime Minister Sir Kir Stmper is in Brussels for a meeting of European Union leaders, which are part of the ongoing bid for “reset” relations, including close ties on trade.

However, if the UK creates a strong relationship with the European Union, it can make America angry and the UK may risk being caught in a business war. Similarly, the European Union may object to Sir Kir Siding with America rather than its European neighbors.

When asked about relations with the US, some 10 stated that the Prime Minister rely on Trump and pointed to “a really creative starting set” between two men “a initial set of conversations”.

The spokesman said, “We have found a fair and balanced business relationship, which benefits both sides of the Atlantic.”

“It is around £ 300BN and we are the largest investors of each other, in which £ 1.2tn has been invested in each other’s economies.”

Following Trump’s tariff announcements over the weekend, European and Asian stock markets collapsed, car manufacturers specifically hit badly.

The UK was also affected but had less impact than the European Union.

Sussex University Analysis built last year suggested If the US has imposed a blanket 20% tariff on all imports, the UK may withstand a £ 22bn hit for exports.

Top goods exported from UK to the US include car, medicinal and pharmaceutical products and mechanical power generators.

Trump believes that applying tariffs will help the US economy grow and protect jobs, although it can pay more to consumers as prices adjust taxes.

Other leaders angrily reacted with Canada, immediately announced an anti -25%subscriber tariff.

French President Emmanuel Macron said that if the interests of the European Union were attacked, the trading block would “be honored and react like this”.

Kaza Kalas, head of the European Union’s foreign policy, said: “There are no winners in business wars.”

If there is a trade war with America, “then laughing on one side is China”, he said.

Speaking on Sunday, Sir Kir was more alert than his European Union colleagues, saying: “This is the early day. What I want to see is a strong business relationship.”

Asked if he would put a tariff on the UK, President Tamp said: “The UK is out of the line, but I am sure one … I think one thing can be done.”

He said that his discussion with the British Prime Minister “was very good”: “We have held some meetings. We have many phone calls. We are getting together very well.”

The UK wants to create a strong trade link with the US, but also with the European Union, which is part of the Prime Minister’s inspiration to the journey of Brussels.

The summit is the focus of the summit, but the UK also wants to reduce the restrictions on food and animal products trade and discuss cooperation on emission trade plans.

Permission of professional qualifications and allowing musicians to travel more easily are also areas of interest.

The European Union is eager to establish a youth dynamics scheme, making it easier for young European Union citizens to study and work in the UK and vice versa. However, ministers have so far rejected the idea.

Downing Street has not denied joining PAN-Euro-Mediterenian Conference, Which will allow tariff-free trade on some goods.

The conservatives have accused the government of “reopening the divisions of the past and trying to return us to the European Union”.

In contrast, Liberal Democrat leader has been Sir Ed Devi Urge The government allows tariff-free trade between the two sides to interact on a new UK-EU customs union.