UK threatens to retaliate to Trump’s tariffs and draws up 400-page hitlist of US goods to tax
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Trump’s trade war latest: UK’s 400-page list of US goods that could face retaliatory action
- The UK government has published a 417-page list of US goods that could face retaliatory tariffs in response to Donald Trump's 10 per cent tariff on UK imports. The list includes items like bourbon whiskey, motorcycles, and guitars.
- The UK government has launched a month-long consultation with businesses to assess the potential impact of retaliatory tariffs. Further action will be paused if a trade deal is reached with the US.
- Prime Minister Sir Keir Starmer has stated that a trade war is undesirable, but refused to rule out further benefit cuts to address potential financial shortfalls caused by the tariffs.
- Sir Keir emphasised the need for the UK to adapt to a new era of trade and economic challenges.
- The Conservative Party views the lower tariff imposed on UK goods compared to the EU as a vindication of Brexit, while Sir Keir has declined to advise the EU on its response to the tariffs.