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Starmer Responds to Potential US Tariffs Amid Trade War Concerns
Breaking News: Sky News broadcast was recently interrupted to deliver a significant announcement regarding potential US tariffs. During a live interview from West Yorkshire, Prime Minister Keir Starmer addressed concerns about escalating trade tensions. The discussion arose following the introduction of new tariffs by the United States, sparking worries of a potential trade war and prompting questions about the UK’s response.
PM Starmer Addresses Tariff Question
Sky News political correspondent Ali Fortescue directly questioned Starmer about the UK’s stance on retaliatory measures. Fortescue referenced comments from Pat McFadden and asked, “Pat McFadden says the UK reserves the right to respond to tariffs, is that your view as well?”
National Interest Prioritized in Tariff Response
Starmer affirmed the UK’s position, stating, “Yes of course, obviously any tariffs are concerning, and we are diligently working with the industry sectors likely to be affected.” He emphasized the collaborative approach, noting, “None of them want to witness a trade war, which is why we are engaged in discussions with the US about lessening the impact of tariffs; that is our current focus.”
He further clarified the government’s priority: “But to directly answer your question, yes, ultimately our national interest must take precedence, implying all options remain under consideration.”
Context of Starmer’s Statement
These remarks from the Prime Minister follow the imposition of a 25% tariff on all imported vehicles into the US, initiated by Donald Trump. Described as “very concerning,” the tariff is set to commence on April 2nd, following an executive order signed on Wednesday, which Trump termed “liberation day.”
This action has intensified the existing global trade dispute, a situation Mr. Trump previously indicated he would instigate upon returning to the White House for a second term.
Contrasting Views on Trade Escalation
Starmer’s assertive comments may contrast with recent statements from Chancellor Rachel Reeves, who days prior cautioned against escalating tensions with the US regarding tariffs.
Reeves had stated, “We are not currently in a position where we desire to take any action that would worsen these trade disputes.”
She elaborated on the negative consequences of trade wars, asserting, “Trade wars are detrimental to all parties involved. They invariably lead to increased prices for consumers, thereby fueling inflation – an issue we have strenuously worked to control. Simultaneously, they impede the export capabilities of British companies.”
Reeves concluded, “Therefore, our objective is to secure an improved trading relationship with the United States.”
Further Updates
This is a developing news story. Stay with us for continuous updates as more information becomes available. Please refresh this page for the latest details.