The UK ministers will respond to the US rates with “Calme heads”, Starmer says to Business Chiefs | Trump rates

Keir Starmer told the Downing Street business clothes that “clearly there will be an economic impact” from the US rates but that the ministers would have responded with “cold and calm heads”.

The prime minister collected senior commercial characters in n. 10 after Donald Trump announced that he would introduce 10% covered rates on imports from the United Kingdom and 25% on cars imports.

The ministers took the heart from the fact that 10% is the lowest rate imposed by the United States and compares with 20% for the EU.

Starmer told Trump’s business officials “he acted for his country, and this is his mandate. Today I will act in the interests of Great Britain with mine”. The prime minister said that while the rates were “a challenge”, the United Kingdom was in a “better position than many other countries from what was announced last night”.

Jonathan Reynolds, the secretary of trade, told the issuers that the government would not have considered immediately and was pursuing an economic agreement with the United States to remove Trump rates.

“I hope perhaps if we are successful there will be a model for other countries to solve some of these problems,” Reynolds said to Sky News.

“There are a series of complaints from the United States on some of the current global commercial provisions.” And I hope there is the possibility to take some lessons from this if we are successful for the largest world economy. “

The United States Treasury Secretary, Scott Besent, warned the countries on Wednesday evening not to take revenge and said that “as long as it does not take revenge, this is the high end of the number”.

As a question about Bessent’s observations, Reynolds indicated that the United Kingdom was not intended to take revenge immediately, but that the ministers would not “exclude anything”.

Reynolds said: “In the United Kingdom we will undertake any action we need to give us the tools we have to respond to the announcements of this type.

“While we have the opportunity to make the relationship between the United Kingdom and we even stronger than it is, the message that I strongly receive from the companies remains at the table, do not react excessively, follow the calm approach that the government has had to date and we will do it.”

The Secretary of Commerce has affected an optimistic tone on the prospect of concluding an economic agreement with the United States, saying that “absolutely” believed it could be done. “We were able to progress interviews on a series of areas on a temporal scale than to tell the truth has delivered more progress on days and weeks than we have done over the years,” he told LBC.

Reynolds revealed, however, that the Trump team had raised objections to the UK food safety standards, rekindling long -lasting tensions on the ban on the United Kingdom with washed chicken with US chlorine and beef treated with hormones.

“We have a regime of food standards to which we are very busy in the United Kingdom to whom they have some objections. So they put a series of factors in this,” Reynolds said to the BBC Breakfast.