"Donald Trump's attempt to ransom us over the sovereignty of a Nato ally is an act of economic thuggery that cannot go unanswered. The prime minister's strategy of appeasement has failed. We must show the White House that the UK will not be bullied into submission while our industries are targeted and our sovereign allies are threatened. The government must immediately cancel the 3bn Trump tax' on our NHS."
"We should not be handing over billions in pharmaceutical ransom payments while our own health and care services are in crisis. We should also swiftly coordinate with our European partners to prepare a robust package of retaliatory tariffs and measures to hit Trump and his cronies where it hurts. Britain is strongest when we stand tall with our neighbours, not when we act as a doormat for a bully."
The UK is urged to join the EU in imposing retaliatory tariffs on the US in response to perceived economic coercion over a NATO ally's sovereignty. The attempt to ransom the UK is characterized as economic thuggery and appeasement is portrayed as having failed. Immediate cancellation of the 3bn 'Trump tax' on the NHS is demanded to avoid pharmaceutical ransom payments while health and care services face crisis. Swift coordination with European partners to prepare retaliatory tariffs is recommended. Markets reacted with European stock futures down, mixed Asian performance, and oil and the dollar falling.
Read at www.theguardian.com
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