
Britain is confronting potential economic risks from U.S. President Donald Trump’s sweeping tariffs but has chosen not to retaliate, instead focusing on securing improved trade terms, Business Minister Jonathan Reynolds stated on Thursday. While the UK was spared the harshest penalties, facing a 10% levy compared to 20% or higher for other nations, its economy remains exposed to the broader consequences of a global trade slowdown.
Reynolds emphasized that as a globally oriented trading economy, Britain is particularly vulnerable to any disruptions in the international trade system. Speaking to Times Radio, he reaffirmed the government’s strategy of diplomatic negotiation, including closer alignment with the U.S. on key sectors like technology, in hopes of securing an economic deal that could lead to a reversal of the tariffs.
Despite adopting a measured approach, Reynolds made it clear that Britain would not rule out a response if the tariffs significantly harmed its economy. “We’ve got to reserve every right that we have to respond to this if we need to,” he said, while stressing the importance of maintaining a “cool-headed” strategy to navigate the challenges posed by the U.S. trade policy.
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