US President Donald Trump said that although Britain is “outside the acceptable framework” with regard to trade, he expects that it may be able to avoid imposing customs duties on it, adding that this imbalance “can be reached to a solution.”
Trump imposed customs duties at high rates on Mexico, Canada and China at the beginning of the week, and said that this “will definitely happen” with the European Union, which raised fears of an escalation of a commercial war that brings the global economy growth out of its course and raises the cost on consumers.
Fine trade
When asked about Britain, although it is the next in imposing customs duties, Trump said, “We will see how things are revealed. It may happen with them but certainly will happen with the European Union. I can tell you that.”
He added to reporters upon his return to Washington from the Maralago resort in Florida, “Britain is much outside the acceptable framework … We will see … but the European Union is completely acceptable. I think this can be reached to a solution. But the European Union is terrible with what it does,” he added to reporters upon his return to Washington from the Maralago resort in Florida.
A British government spokesman said on Monday that his country has “fair and balanced” trade relations with the United States, in response to Trump’s statements.
The British spokesman added, “The United States is an indispensable ally and one of our closest commercial partners, and we have a fair and balanced trade relationship that benefits both parties,” the British spokesman added.
For his part, British Prime Minister Kiir Starmer and ministers praised his government – before – Trump since his re -election as a president and emphasized the size of Britain’s imports from the United States, in the hope of avoiding the imposition of customs duties at a time when their country’s economy faces difficulties in growth.
https://www.youtube.com/watch?v=utklynxoabc
Ties
“The time is still early and what I want to witness is strong commercial relations, and in the discussions I had with President Trump, this is what we focused on,” Starmer told reporters at the beginning of the week.
The United States is the largest commercial partner for Britain as a single country, but the European Union exceeds it as a bloc.
