The UK and EU face a dilemma: coordinate a joint response to Trump's proposed tariffs or strike separate deals with the new US president. Experts warn that securing individual trade deals with the US will be challenging, and a coordinated response may be the most effective strategy to mitigate the economic impact of tariffs.
The UK and EU must decide whether to coordinate a response to Donald Trump's proposed tariffs on stuff imported into the United States, or cut separate deals with the new president, the House of Lords heard this week.
"The European Union is very, very bad to us," he said earlier."They're going to be in for tariffs. It's the only way ... you're going to get fairness." Despite the UK's efforts to talk up the possibility of a"reset" on its trading relationship with the EU, the problem of Trump's tariffs will be the more dominant issue determining their future relationship.
TRUMP TARIFFS UK-EU RELATIONS TRADE POLICY GLOBAL TRADE DIGITAL REGULATION
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