Keir Starmer emphasized the negative impact of a global trade war and expressed a desire for calm negotiations following Donald Trump’s unveiling of tariff plans on foreign steel and cars. While Canada and the EU plan to retaliate with their own import taxes, the UK government aims to secure an economic deal with the US and avoid escalating tensions. Chancellor Rachel Reeves stressed the importance of a constructive economic agreement to prevent damage to the UK economy and maintain free and fair trade relations.
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