Cliff Notes
- Business Secretary Jonathan Reynolds acknowledged the US as “our closest ally” while emphasising that “nothing is off the table” in response to President Trump‘s 10% tariffs on UK imports.
- The UK government aims to negotiate an economic deal with the US to mitigate the impact of the tariffs, maintaining a commitment to protecting UK businesses and consumers.
- Despite the tariffs being less severe than those imposed on other countries, concerns remain over potential negative effects on the UK Economy, prompting calls for proactive negotiations to protect jobs and interests.
US is our closest ally, Jonathan Reynolds says in reaction to Trump tariffs – but ‘nothing off the table’
The US is “our closest ally” but “nothing is off the table” in response to Donald Trump’s 10% tariffs on imports from the UK, the business secretary has said.
In a statement following the US president’s nearly hour-long address to the world, Business and Trade Secretary Jonathan Reynolds said: “We will always act in the best interests of UK businesses and consumers.
“That’s why, throughout the last few weeks, the government has been fully focused on negotiating an economic deal with the United States that strengthens our existing fair and balanced trading relationship.”
Mr Reynolds reiterated the statements from the prime minister and his cabinet over the past few days, saying the US is “our closest ally”, and the government’s approach is to “remain calm and committed to doing this deal, which we hope will mitigate the impact of what has been announced today”.
But he continued: “We have a range of tools at our disposal, and we will not hesitate to act. We will continue to engage with UK businesses, including on their assessment of the impact of any further steps we take.
“Nobody wants a trade war, and our intention remains to secure a deal. But nothing is off the table, and the government will do everything necessary to defend the UK’s national interest.”
The Conservative Party’s shadow business and trade secretary described the US president’s announcement as “disappointing news which will worry working families across the country”.
Additional sources
The world reacts with caution to US ‘reciprocal’ tariffs against dozens of nations – Lowell Sun
The world reacts with caution to U.S. ‘reciprocal’ tariffs against dozens of nations – City News
