Warnings of Economic Damage
The Home Secretary, Yvette Cooper, has cautioned that if Donald Trump proceeds with a wave of tariffs, it will harm the entire world's economy. Cooper emphasized that retaliatory measures are being considered in response to the US President's recent trade actions.
Efforts to Avoid Impact on Britain
Officials are working to secure an agreement that would shield Britain from the brunt of the tariff onslaught. Prime Minister Sir Keir Starmer engaged in discussions with President Trump regarding an "UK-US economic prosperity deal."
Concerns Over Trade Barriers
Cooper expressed worries about the negative impact of increased trade barriers on the global economy and individual nations. She highlighted the importance of pursuing new trade agreements worldwide to mitigate any adverse effects.
Intense Negotiations for Exemptions
The UK is engaged in intense negotiations with the US to secure exemptions from the tariffs. Cooper stressed the need to act in the national interest during these crucial discussions.
