Keir Starmer announced to MPs that the UK government is prepared for potential US tariffs, with considerations for all possibilities while prioritizing a calm, pragmatic approach. He stressed the importance of not reacting impulsively, advocating constructive talks for a broader economic deal with the US. Facing criticism over the absence of a secure trade agreement, Starmer remained focused on national interests and dismissed calls for forming an economic coalition. Education Secretary Bridget Phillipson highlighted ongoing discussions, acknowledging the challenging times ahead for the UK economy amidst these negotiations with the US.
Starmer emphasized that a trade war 'is in nobody's interest,' advocating for a calm and pragmatic approach to imminent US tariffs while preparing for all eventualities.
In response to criticism regarding the lack of a wider US trade agreement, Starmer asserted it was vital to remain 'cool-headed' rather than rush into decisions.
The UK government is evaluating all scenarios related to US tariffs, acknowledging that this could lead to a challenging period for the economy and industries.
Starmer dismissed Ed Davey's idea of assembling an economic coalition to counter US tariffs as a false choice that jeopardizes the UK's relationship with the US and Europe.
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